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Whereas recent research has demonstrated the impact of online product ratings and reviews on product sales, we still have a limited understanding of the individual's decision to contribute these opinions. In this research, we empirically model the individual's decision to provide a product...
Persistent link: https://www.econbiz.de/10010990399
Marketers have long struggled with developing forecasts for new products before their launch. We focus on one data source—advance purchase orders—that has been available to retailers for many years but has rarely been tied together with postlaunch sales data. We put forth a duration model...
Persistent link: https://www.econbiz.de/10008788193
Two widely recognized components, central to the calculation of customer value, are acquisition and retention propensities. However, while extant research has incorporated such components into different types of models, limited work has investigated the kinds of associations that may exist...
Persistent link: https://www.econbiz.de/10008787846
Customer retention and customer churn are key metrics of interest to marketers, but little attention has been placed on linking the different reasons for which customers churn to their value to a contractual service provider. In this paper, we put forth a hierarchical competing-risk model to...
Persistent link: https://www.econbiz.de/10010630455