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Market Response and Marketing Mix Models: Trends and Research Opportunities (Foundations and Trends (R) in Marketing) - Softcover

Bowman, Douglas; Gatignon, Hubert

 
9781601983541: Market Response and Marketing Mix Models: Trends and Research Opportunities (Foundations and Trends (R) in Marketing)

Synopsis

Market Response and Marketing Mix Models takes a forward-looking perspective identifying research opportunities related to market response and marketing mix models falling under four broad areas: • "New" or under-studied inputs and/or "richer" measures of inputs constructs. • Explicitly accounting for the process linking inputs to outputs • "New" or under-studied dependent variables • Under-studied or emerging contexts. Each section covers three broad areas related to marketing mix models - data issues and requirements, methodologies (i.e., traditional econometrics; Bayesian methods; structural models), and substantive findings. As quantitative information about markets and marketing actions has become widely available, modern marketing is presented with both a challenge and an opportunity: how to analyze this information accurately and efficiently, and how to use it to enhance marketing productivity. Market Response and Marketing Mix Models describes the tools needed for achieving these objectives.

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About the Author

Hubert Gatignon is Research Director of The Alliance and Director of The Alliance Center for Global Research and Development. Dr Gatignon is the Claude Janssen Chaired Professor of Business Administration and Professor of Marketing at INSEAD and is also INSEAD's Dean of the PhD program.

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