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A Repeat Purchase Diffusion Model

A Repeat Purchase Diffusion Model PDF Author: Gary L. Lilien
Publisher: Forgotten Books
ISBN: 9781330294420
Category : Business & Economics
Languages : en
Pages : 59

Book Description
Excerpt from A Repeat Purchase Diffusion Model: Bayesian Estimation and Control This paper develops a model and an associated estimation procedure to forecast and control the rate of sales for a new product. A repeat-purchase diffusion model is developed, incorporating the effect of marketing variables as well as a word-of-mouth effect. Bayesian estimation, with priors developed from past products, is used to update the parameters of the model. The procedure, shown to predict better and give more stable parameter estimates than classical procedures, is used to develop marketing policies for new product introduction. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

A Repeat Purchase Diffusion Model

A Repeat Purchase Diffusion Model PDF Author: Gary L. Lilien
Publisher: Forgotten Books
ISBN: 9781330294420
Category : Business & Economics
Languages : en
Pages : 59

Book Description
Excerpt from A Repeat Purchase Diffusion Model: Bayesian Estimation and Control This paper develops a model and an associated estimation procedure to forecast and control the rate of sales for a new product. A repeat-purchase diffusion model is developed, incorporating the effect of marketing variables as well as a word-of-mouth effect. Bayesian estimation, with priors developed from past products, is used to update the parameters of the model. The procedure, shown to predict better and give more stable parameter estimates than classical procedures, is used to develop marketing policies for new product introduction. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

A Repeat Purchase Diffusion Model

A Repeat Purchase Diffusion Model PDF Author: Gary L. Lilien
Publisher:
ISBN:
Category : Marketing
Languages : en
Pages : 47

Book Description


New-Product Diffusion Models

New-Product Diffusion Models PDF Author: Vijay Mahajan
Publisher: Springer Science & Business Media
ISBN: 9780792377511
Category : Business & Economics
Languages : en
Pages : 376

Book Description
Product sales, especially for new products, are influenced by many factors. These factors are both internal and external to the selling organization, and are both controllable and uncontrollable. Due to the enormous complexity of such factors, it is not surprising that product failure rates are relatively high. Indeed, new product failure rates have variously been reported as between 40 and 90 percent. Despite this multitude of factors, marketing researchers have not been deterred from developing and designing techniques to predict or explain the levels of new product sales over time. The proliferation of the internet, the necessity or developing a road map to plan the launch and exit times of various generations of a product, and the shortening of product life cycles are challenging firms to investigate market penetration, or innovation diffusion, models. These models not only provide information on new product sales over time but also provide insight on the speed with which a new product is being accepted by various buying groups, such as those identified as innovators, early adopters, early majority, late majority, and laggards. New Product Diffusion Models aims to distill, synthesize, and integrate the best thinking that is currently available on the theory and practice of new product diffusion models. This state-of-the-art assessment includes contributions by individuals who have been at the forefront of developing and applying these models in industry. The book's twelve chapters are written by a combined total of thirty-two experts who together represent twenty-five different universities and other organizations in Australia, Europe, Hong Kong, Israel, and the United States. The book will be useful for researchers and students in marketing and technological forecasting, as well as those in other allied disciplines who study relevant aspects of innovation diffusion. Practitioners in high-tech and consumer durable industries should also gain new insights from New Product Diffusion Models. The book is divided into five parts: I. Overview; II. Strategic, Global, and Digital Environments for Diffusion Analysis; III. Diffusion Models; IV. Estimation and V. Applications and Software. The final section includes a PC-based software program developed by Gary L. Lilien and Arvind Rangaswamy (1998) to implement the Bass diffusion model. A case on high-definition television is included to illustrate the various features of the software. A free, 15-day trial access period for the updated software can be downloaded from http://www.mktgeng.com/diffusionbook. Among the book's many highlights are chapters addressing the implications posed by the internet, globalization, and production policies upon diffusion of new products and technologies in the population.

A Repeat Purchase Diffusion Model

A Repeat Purchase Diffusion Model PDF Author: Gary L. Lilien
Publisher: Forgotten Books
ISBN: 9780656053940
Category : Business & Economics
Languages : en
Pages : 58

Book Description
Excerpt from A Repeat Purchase Diffusion Model: Bayesian Estimation and Control In each of these examples, initial users are attracted by some marketing effort advertising or sales promotion. Their use, then enhances the impact of that effort on the rest of the potential user population. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Marketing Analytics: A Practitioner's Guide To Marketing Analytics And Research Methods

Marketing Analytics: A Practitioner's Guide To Marketing Analytics And Research Methods PDF Author: Ashok Charan
Publisher: World Scientific Publishing Company
ISBN: 9814641383
Category : Business & Economics
Languages : en
Pages : 720

Book Description
The digital age has transformed the very nature of marketing. Armed with smartphones, tablets, PCs and smart TVs, consumers are increasingly hanging out on the internet. Cyberspace has changed the way they communicate, and the way they shop and buy. This fluid, de-centralized and multidirectional medium is changing the way brands engage with consumers.At the same time, technology and innovation, coupled with the explosion of business data, has fundamentally altered the manner we collect, process, analyse and disseminate market intelligence. The increased volume, variety and velocity of information enables marketers to respond with much greater speed, to changes in the marketplace. Market intelligence is timelier, less expensive, and more accurate and actionable.Anchored in this age of transformations, Marketing Analytics is a practitioner's guide to marketing management in the 21st century. The text devotes considerable attention to the way market analytic techniques and market research processes are being refined and re-engineered. Written by a marketing veteran, it is intended to guide marketers as they craft market strategies, and execute their day to day tasks.

Innovative Behavior and Repeat Purchase Diffusion Models

Innovative Behavior and Repeat Purchase Diffusion Models PDF Author: Vijay Mahajan
Publisher:
ISBN:
Category :
Languages : en
Pages : 64

Book Description


Advances in Business and Management Forecasting

Advances in Business and Management Forecasting PDF Author: Kenneth D. Lawrence
Publisher: Emerald Group Publishing
ISBN: 0762312815
Category : Business & Economics
Languages : en
Pages : 301

Book Description
Aims to present state-of-the-art studies in the application of forecasting methodologies to such areas as sales, marketing, and strategic decision making. The topics in this title include: sales and marketing, forecasting, new product forecasting, judgmentally based forecasting, the application of surveys to forecasting, and more.

Research traditions in marketing

Research traditions in marketing PDF Author: Gilles Laurent
Publisher: Springer Science & Business Media
ISBN: 9780792393887
Category : Business & Economics
Languages : en
Pages : 474

Book Description
Divergence: A Source of Creative Thinking The outstanding job accomplished by Bernard, Gary, and Gilles is really praiseworthy: not only did they succeed in completing within a remark ably short span of time the editing of the contributions to the conference that marked the 20th Anniversary of the European Institute for Ad vanced Studies in Management; they have also managed to elicit numerous insightful comments from a host of dashing young scholars as well as from the fortunate few established authorities whose findings have long be come leading articles in the best academic journals, who now chair those journals' editorial boards, and after whom great scientific awards have been named. In so doing, our dedicated triumvirate has blended together pieces of diverse research traditions-some of them quite puzzling-and mixed significantly differentiated styles of expression. The controversial display of self-confidence by some distinguished colleagues, the amazingly emo tional "good old" memories revived by their peers, the scapegoat-finding and moralizing confessions produced by some of their disciples together with the detached systematic rigidity of some others all combine to pro duce a multivarious patchwork that may well prove the existence of a marketing scholar lifecycle. This cartoon-like four-class typology might even make it worth the reader's while to indulge in some guesswork to discover the sequence of the four stages as an exercise and then partition the author population accordingly.

An Approach to Repeat-purchase Diffusion Analysis

An Approach to Repeat-purchase Diffusion Analysis PDF Author: Vijay Mahajan
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description


Models for Innovation Diffusion

Models for Innovation Diffusion PDF Author: Vijay Mahajan
Publisher: SAGE
ISBN: 9780803921368
Category : Reference
Languages : en
Pages : 92

Book Description
Presents a powerful set of techniques for investigating the temporal diffusion process of any innovation. In addition, this volume outlines several widely used diffusion models and suggests their appropriate applications.