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Irish Marketing Review, vol. 15, no. 2, 2002
Irish Marketing Review, vol. 15, no. 2, 2002

... interact in historically novel ways. Research on the structure and dynamics of cybermarkets and on consumer behaviour in this context is vital to maintaining the continuing relevance of marketing theory, and to providing managers with an understanding of this new field of practice. The conversation ...
How Cruise Marketers Can Better Identify High-Potential
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Low-carbon Marketing Strategy Based on the SWOT
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CRM 101:Maximizing Return on Investment with the SAS Solution for CRM
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Downlaod File
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IOSR Journal of Business and Management (IOSR-JBM)
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POs and PDOs: A Tale of Two Marketing Models
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... Traditional marketing theories, including the 4Ps framework, have always claimed to be customer-centric. Yet the reality was that most marketers remained product- or service-focused. Marketing messages were delivered through mass media in an attempt to persuade customers and prospects to respond by ...
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Marketing mix modeling

Marketing mix modeling (MMM) is a term of art for the use of statistical analysis such as multivariate regressions on sales and marketing time series data to estimate the impact of various marketing tactics (marketing mix) on sales and then forecast the impact of future sets of tactics. It is often used to optimize advertising mix and promotional tactics with respect to sales revenue or profit.The techniques were developed by econometricians and were first applied to consumer packaged goods, since manufacturers of those goods had access to good data on sales and marketing support. The first companies dedicated to the commercial development of MMM were MMA (then Media Marketing Assessment) started in 1990 and the Hudson River Group founded in 1989. Other early pioneer-users of econometric modeling were the ATG group at the advertising agency JWT in the 1990s and later incorporated into MindShare ATG, BrandScience at Omnicom, and the specialist modeling agency OHAL since the late 1980s. These agencies took MMM from being a little-used and academic discipline to being a widespread and common marketing tool. Improved availability of data, massively greater computing power, and the pressure to measure and optimize marketing spend has driven the explosion in popularity as a marketing tool. In the recent times MMM has found acceptance as a trustworthy marketing tool among the major consumer marketing companies. Often in the digital media context, MMM is referred to as attribution modeling.
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