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Author:Arnold, S. J.
Title:Advertising quality in sales response models.
Journal:Journal of Marketing Research
1987 : FEB, VOL. 24:1, p. 106-113
Index terms:PRICE THEORY
ADVERTISING
Language:eng
Abstract:Hedonic price theory is adapted to advertising. A quality-adjusted advertising spending function is embedded in a sales response model and the parameters of both equations are estimated in one step. The procedure provides an alternative to the judgemental aggregation of attributes of advertising quality into a single value. A pilot study illustrates the procedure.
SCIMA record nr: 53401
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