A brand choice model for TV advertising management using single-source data

被引:5
作者
Ban, Masataka [1 ]
Terui, Nobuhiko [2 ]
Abe, Makoto [3 ]
机构
[1] Mejiro Univ, Fac Business Adm, Tokyo, Japan
[2] Tohoku Univ, Grad Sch Econ & Management, Sendai, Miyagi 980, Japan
[3] Univ Tokyo, Grad Sch Econ, Tokyo, Japan
关键词
Advertising management; Advertising exposure; GRP; Single-source data; Heterogeneity; MCMC; PRICE THRESHOLDS; PROMOTION; EXPOSURE; PURCHASE; IMPACT; SHAPE;
D O I
10.1007/s11002-010-9130-1
中图分类号
F [经济];
学科分类号
02 ;
摘要
A brand choice model for TV advertising management using single-source data is proposed. The model replaces household-specific advertising exposure, which is often used as a covariate in a brand choice model, with gross rating points (GRP), a managerial control variable for advertising. In particular, given daily GRP, a probabilistic model of advertising exposure for heterogeneous customers is integrated into a brand choice model with advertising threshold under a Bayesian framework. Through hierarchical modeling, demographic information on panels provides managerial insights into advertising planning.
引用
收藏
页码:373 / 389
页数:17
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