Impact of types of functional relationships, decisions, and solutions on the applicability of marketing models

被引:13
作者
Albers, S [1 ]
机构
[1] Univ Kiel, D-24098 Kiel, Germany
关键词
level decisions; budget allocation; spreadsheet optimization; optimality conditions; online heuristics;
D O I
10.1016/S0167-8116(00)00011-2
中图分类号
F [经济];
学科分类号
02 ;
摘要
I want to complement the review by Leeflang and Wittink [Internat. J. Res. Marketing 17 (2000) 105] by investigating the impact different marketing models have on actual decision-making. Consumer products companies do not frequently apply optimization models because the profit improvements of the determination of the optimal level of a variable like price or advertising budget are small acid heavily depend on hardly predictable competitive reactions. Models are more often applied for the differentiation of product attributes or prices to serve the needs of different segments, and the allocation of a budget or effort across customers. The most influential modeling tool is spreadsheet software like Microsoft Excel and the add-in Solver. (C) 2000 Elsevier Science B.V. All rights reserved.
引用
收藏
页码:169 / 175
页数:7
相关论文
共 17 条
  • [1] Albers S, 2000, OR SPEKTRUM, V22, P19, DOI 10.1007/s002910050003
  • [2] ALBERS S, 1995, Z BETRIEBSWIRT, V47, P124
  • [3] ALBERS S, 1997, MARKETING PROGR PROS, P1
  • [4] Albers Sonke, 1996, EUR J MARKETING, V30, P68
  • [5] Basu A.K., 1985, MARKET SCI, V4, P267, DOI DOI 10.1287/MKSC.4.4.267
  • [6] JUDGMENT BASED MARKETING DECISION MODELS - EXPERIMENTAL INVESTIGATION OF THE DECISION CALCULUS APPROACH
    CHAKRAVARTI, D
    MITCHELL, A
    STAELIN, R
    [J]. MANAGEMENT SCIENCE, 1979, 25 (03) : 251 - 263
  • [7] Dorfman R, 1954, AM ECON REV, V44, P826
  • [8] Design and use of the Microsoft Excel Solver
    Fylstra, D
    Lasdon, L
    Watson, J
    Waren, A
    [J]. INTERFACES, 1998, 28 (05) : 29 - 55
  • [9] Leeflang P. S. H., 1996, International Journal of Research in Marketing, V13, P103
  • [10] JUDGMENT BASED MARKETING DECISION-MODELS - COMMENTARY
    LITTLE, JDC
    LODISH, LM
    [J]. JOURNAL OF MARKETING, 1981, 45 (04) : 24 - 29