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Incorporating Strategic Consumer Behavior into Customer Valuation

Lewis, Michael - ;

The calculation of customer value without regard to marketing policy is problematic because the value of managerial flexibility and the impact of consumer learning are neglected. This article develops a structural dynamic programming model of consumer demand that includes marketing variables and consumer expectations of promotions. The author uses the estimated parameters to conduct policy experiments that yield more accurate forecasts of customer value and to study the impact of alternative marketing policies. Printed Journal


Ketersediaan

Call NumberLocationAvailable
JM6904PSB lt.dasar - Pascasarjana1
PenerbitChicago, IL: American Marketing Association 2005
EdisiVol. 69, No. 4, Oct., 2005
SubjekConsumer behavior
Valuation
Models
Dynamic programming
Market strategy
studies
ISBN/ISSN0022-2429
KlasifikasiNONE
Deskripsi Fisik9 p.
Info Detail SpesifikJournal of Marketing
Other Version/RelatedTidak tersedia versi lain
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