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Many companies collect substantial information about their interactions with their customers.Yet information about their customers' transactions with competing firms is often sparse or nonexistent. As a result, firms are often compelled to manage customer relationships from an inward view of...
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Using actual consumer choice data from a single-source scanner panel, we construct two measures of brand value which … capture different aspects of brand equity. Brand Value measures perceived quality, the value assigned by consumers to the … brand, after discounting for current price and recent advertising exposures. Brand Intangible Value isolates the component …
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The authors discuss some shortcomings of probabilistic choice models which do not capture product interdependencies. When substitutional relationships are present in the marketplace, these models may lead to biased estimates for choice/market shares. A probabilistic choice model which accounts...
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(e.g., identification of consumer segments in terms of brand preferences and socio­economic characteristics) along with … strategic diagnostics of the product­ market (e.g., the sensitivity of the market to price promotions, impact of a brand …'s strategy on competitors, vulnerability of the brand to competitive actions) …
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Household basket data contain important information about the structure of brand preferences both within and across … to brand preferences. The approach provides insights into the competitive structure of brands within each product … national brand name preferences for four paper goods categories. We discuss implications for joint promotion, product bundling …
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