Impact of types of functional relationships, decisions, and solutions on the applicability of marketing models

被引:13
|
作者
Albers, S [1 ]
机构
[1] Univ Kiel, D-24098 Kiel, Germany
关键词
level decisions; budget allocation; spreadsheet optimization; optimality conditions; online heuristics;
D O I
10.1016/S0167-8116(00)00011-2
中图分类号
F [经济];
学科分类号
02 ;
摘要
I want to complement the review by Leeflang and Wittink [Internat. J. Res. Marketing 17 (2000) 105] by investigating the impact different marketing models have on actual decision-making. Consumer products companies do not frequently apply optimization models because the profit improvements of the determination of the optimal level of a variable like price or advertising budget are small acid heavily depend on hardly predictable competitive reactions. Models are more often applied for the differentiation of product attributes or prices to serve the needs of different segments, and the allocation of a budget or effort across customers. The most influential modeling tool is spreadsheet software like Microsoft Excel and the add-in Solver. (C) 2000 Elsevier Science B.V. All rights reserved.
引用
收藏
页码:169 / 175
页数:7
相关论文
共 50 条
  • [1] Econometric models for marketing decisions
    Wittink, DR
    JOURNAL OF MARKETING RESEARCH, 2005, 42 (01) : 1 - 3
  • [2] Building models for marketing decisions
    Taylor, KA
    JOURNAL OF MARKETING RESEARCH, 2001, 38 (02) : 278 - 279
  • [3] Models for marketing decisions: Postscriptum
    Leeflang, PSH
    Wittink, DR
    INTERNATIONAL JOURNAL OF RESEARCH IN MARKETING, 2000, 17 (2-3) : 237 - 253
  • [4] Marketing data, models and decisions
    Wedel, M
    Kamakura, W
    Böckenholt, U
    INTERNATIONAL JOURNAL OF RESEARCH IN MARKETING, 2000, 17 (2-3) : 203 - 208
  • [5] CONSTRUCTING FORECAST MODELS FOR MARKETING DECISIONS
    RANDALL, RL
    CANADIAN MINING AND METALLURGICAL BULLETIN, 1970, 63 (696): : 441 - &
  • [6] USE OF MODELS IN MARKETING TIMING DECISIONS
    HESS, SW
    OPERATIONS RESEARCH, 1967, 15 (04) : 720 - &
  • [7] Marketing models of service and relationships
    Rust, Roland T.
    Chung, Tuck Siong
    MARKETING SCIENCE, 2006, 25 (06) : 560 - 580
  • [8] Applicability of aquifer impact models to support decisions at CO2 sequestration sites
    Keating, Elizabeth
    Bacon, Diana
    Carroll, Susan
    Mansoor, Kayyum
    Sun, Yunwei
    Zheng, Liange
    Harp, Dylan
    Dai, Zhenxue
    INTERNATIONAL JOURNAL OF GREENHOUSE GAS CONTROL, 2016, 52 : 319 - 330
  • [9] THE IMPACT OF INFLATION ACCOUNTING ON MARKETING DECISIONS
    WEBSTER, FE
    LARGAY, JA
    STICKNEY, CP
    JOURNAL OF MARKETING, 1980, 44 (04) : 9 - 17
  • [10] Everything is Marketing: An Analysis of Functional Relationships of Marketing and Libraries
    Gupta, Dinesh K.
    DESIDOC JOURNAL OF LIBRARY & INFORMATION TECHNOLOGY, 2016, 36 (03): : 126 - 130