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Factors influencing customer loyalty in Malaysian petrol stations
Factors influencing customer loyalty in Malaysian petrol stations

... Product assortment is traditionally defined as the number of products offered within a single product category[11]. Considerable consumer research has examined the influence of the choice set on consumer-decision making. Choice is define as sufficient number and variety to choose among many or the a ...
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... design of a package, or an adver- on hand. Consumers may also recognize unfulfilled a product information source that is not assotisement on television or radio. wants if they become aware of a product that seems ciated with advertising Marketing managers can superior to the one currently used. Awar ...
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Relationship-First Marketing for a Mobile World

... “Our number one transaction day used to be when we dropped a TV and radio spot. Now it’s the day we launch a coordinated e-mail, mobile, and social campaign.” — Jason Scoggins, Director of Marketing, Southwest Airlines It’s evidenced in the tactics they use to drive new subscribers to their Click ...
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Adaptation of International Business Marketing

... in right place. With an increasing number of firms expanding beyond their domestic borders, firms are faced with a challenge of modifying their existent strategies to gain and sustain their competitive advantage in a rapidly changing environment. To sum up today’s changing dynamics in the world mark ...
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... activities are affected by people’s beliefs, lifestyles, consumption pattern, purchase behavior, income ,etc., Marketers help organization and businesses to develop products, promote, price and distribute them. Consumer’s satisfaction or dissatisfaction with these products and activities will go a l ...
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... Below the line advertising is another potential large area of spend but due to its highly targeted nature in terms of time and address it can be one of the most beneficial in terms of low waste and Return On Investment (ROI). All companies use this at some point. The most successful campaigns are us ...
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... Most advertising is paid for by sponsors. GM, WalMart, Coca-Cola, and your local fitness salon pay the newspaper or the radio or TV station to carry the ads you read, see, and hear. But some sponsors don’t have to pay for their ads. The American Red Cross, United Way, and American Cancer Society are ...
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PRIMEtime

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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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