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Author:Berkowitz, D.
Allaway, A.
D'Soura, G.
Title:The Impact of Differential Lag Effects on the Allocation of Advertising Budgets across Media
Journal:Journal of Advertising Research
2001 : MAR-APR, VOL. 41:2, p. 27-38
Index terms:ADVERTISING
BUDGETING
ALLOCATION
Language:eng
Abstract:In this paper the authors develop a model that estimates the influence on sales when different advertising media are allowed to have different lag structures. The authors first use a simulation experiment to estimate the profit consequences when advertising budget allocations across media take into account their different lagged effects. Then the authors present a methodology for estimating differential lags for different media and illustrate this method by an application to weekly data from a large retail store. Results illustrate how managers can use their knowledge of differential lags to adjust their advertising budgets for specific media to obtain more optimal profit results.
SCIMA record nr: 231028
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