haku: @indexterm New products / yhteensä: 1069
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Tekijä:Mayhew, G. E.
Otsikko:A measure of the value of marketing in packaged goods
Lehti:Marketing Letters
1997 : APR, VOL. 8:2, p. 217-228
Asiasana:VALUE ANALYSIS
CONSUMERS
WELFARE
NEW PRODUCTS
ECONOMETRIC MODELS
Kieli:eng
Tiivistelmä:This study presents an econometric methodology for use with scanner panel data based on the multinomial logit model to estimate the consumer welfare changes result form changes in activity in marketing. The study presents two applications of the model: The value to consumers of the introduction of the first plastic ketchup bottle and the value of changes to the choice set of yogurt, including a brand replacement, the addition of a new brand and a line extension. Consumer welfare gains associated with the changes are small, while statistically significant.
SCIMA tietueen numero: 164261
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