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Chapter 1
Chapter 1

... customer lifetime values of all customers.  Measures a firm’s performance, but in a manner that looks to the future. ...
Ch 8
Ch 8

... Global Marketing Mix: Global Distribution Strategies  Some global channels are very long and complex.  Consumer shop local ...
Chapter 16 slides
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... or wholesale prices or large reductions from a phony high retail list price • Deceptive promotion - Misrepresenting a product’s features or performance, or luring consumers to store for out-of-stock item • Deceptive packaging - Exaggerating package contents, using misleading labeling, etc. ...
Marketing theory 27.3.2013
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Announcements
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... bulb, finds that it has excess inventory. Boldnew decides to use personal selling and advertising to convince customers to buy their bulbs. So, the firm increases its advertising budget by 50 percent and doubles its sales staff to pressure the consumers to buy the product. This company is operating ...
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Marketing Status Report
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... experience at Mike’s Hard Lemonade. “You look to find a surprising element, or twist, in a situation.” The video spot for the brand’s new flavor fit the bill. Titled “Whack-A-Melon,” the ad stars a diverse group of Millennial professionals gathered in an office park, playing a game of Whack-A-Mole — ...
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effective executive decision making with marketing decision support
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... to develop insights based not merely on a single, stand-alone project, but in the context provided by other research projects with related or non-overlapping objectives concerning the same product. The validity of such insights is also available for assessment in terms of their impact on market and ...
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... ethical concern. However, there will be particular areas of concern. In such cases there may be a level of exposure that will result in a company being excluded from the CFB portfolios. This approach would seem less appropriate with products such as breast milk substitutes that can be either life sa ...
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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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