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Mahajan and Muller (Mahajan, V., E. Muller. 1986. Advertising pulsing policies for generating awareness for new products. 89–106.) have written a valuable paper that analyzes a particular class of advertising policies under the assumption of an S-shaped response function. As we shall discuss,...
Persistent link: https://www.econbiz.de/10008787750
A multinomial logit model of brand choice, calibrated on 32 weeks of purchases of regular ground coffee by 100 households, shows high statistical signficance for the explanatory variables of brand loyalty, size loyalty, presence/absence of store promotion, regular shelf price and promotional...
Persistent link: https://www.econbiz.de/10008787888
No abstract available
Persistent link: https://www.econbiz.de/10008787915
Guadagni and Little (1983) had a surprising (to the authors) number of citations, presumably because it was the first paper to build a useful model with UPC scanner panel data. More surprising (but not to the authors) was that the model, compared to those in most academic papers, found...
Persistent link: https://www.econbiz.de/10008787967
Multinomial logit models, especially those calibrated on scanner data, often use explanatory variables that are nonlinear functions of the parameters to be estimated. A common example is the smoothing constant in an exponentially weighted brand loyalty variable. Such parameters cannot be...
Persistent link: https://www.econbiz.de/10008788183
A multinomial logit model of brand choice, calibrated on 32 weeks of purchases of regular ground coffee by 100 households, shows high statistical significance for the explanatory variables of brand loyalty, size loyalty, presence/absence of store promotion, regular shelf price and promotional...
Persistent link: https://www.econbiz.de/10008788261
Manufacturer-supported trade deals remain one of the major competitive tools in today's marketplace. This is true despite the fact that such trade deals are often claimed to be unprofitable for manufacturers. The unprofitability is attributed to the fact that retailers forward buy and do not...
Persistent link: https://www.econbiz.de/10008788273