Creating lift versus building the base: Current trends in marketing dynamicsLeeflang, P. S. H., Bijmolt, T. H. A., van Doorn, J., Hanssens, D. M., van Heerde, H. J., Verhoef, P. C. & Wieringa, J. E., Mar-2009, In : International Journal of Research in Marketing. 26, 1, p. 13-20 8 p.
Research output: Contribution to journal › Review article › Academic › peer-review
Markets are dynamic by nature; and marketing-efforts can be directed to stimulate, reduce, or to utilize these dynamics. The field of marketing dynamics aims at modeling the effects of marketing actions and policies on short-term performance ("lift") and on long-term performance ("base"). One of the core questions within this field is: "How do marketing efforts affect outcome metrics such as revenues, profits, or shareholder value over time?" Developments in statistical modeling and new data sources allow marketing scientists to provide increasingly comprehensive answers to this question. We present an outlook on developments in modeling marketing dynamics and specify research directions. (c) 2009 Elsevier B.V. All rights reserved.
|Number of pages||8|
|Journal||International Journal of Research in Marketing|
|Publication status||Published - Mar-2009|
- Marketing dynamics, Time series models, Dynamic linear models, SALES PROMOTION BUMP, INTERNET CHANNEL, CUSTOMER EQUITY, BUSINESS CYCLES, UNITED-KINGDOM, BRAND EQUITY, MODELS, IMPACT, PRODUCTS, PERFORMANCE