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Marketing

See the latest research, articles and faculty on the Marketing Area of Expertise at Columbia Business School.

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Marketing Faculty

CBS Faculty Research on Marketing

Uncertainty Increases the Reliance on Affect in Decisions

Authors
Ali Faraji-Rad and Michel Tuan Pham
Date
June 1, 2017
Format
Journal Article
Journal
Journal of Consumer Research

Uncertainty is an unavoidable part of human life. How do states of uncertainty influence the way people make decisions? We advance the proposition that states of uncertainty increase the reliance on affective inputs in judgments and decisions. In accord with this proposition, results from six studies show that the priming of uncertainty (vs. certainty) consistently increases the effects of a variety of affective inputs on consumers' judgments and decisions.

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Beyond the Target Customer: Social Effects of CRM Campaigns

Authors
Eva Ascarza, Peter Ebbes, Oded Netzer, and Matt Danielson
Date
June 1, 2017
Format
Journal Article
Journal
Journal of Marketing Research

Customer Relationship Management (CRM) campaigns have traditionally focused on maximizing the profitability of the targeted customers. In this paper we investigate the social effects of CRM campaigns. We demonstrate that, in business settings that are characterized by network externalities, a CRM campaign that is aimed at changing the behavior of specific customers propagates through the social network, thereby also affecting the behavior of non-targeted customers.

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In a World of Big Data, Small Effects Can Still Matter: A Reply to Boyce, Daly, Hounkpatin, and Wood

Authors
Sandra Matz, J.J. Gladstone, and D. Stillwell
Date
March 1, 2017
Format
Journal Article
Journal
Psychological Science

We make three points in response to Boyce, Daly, Hounkpatin, and Wood (2017). First, we clarify a misunderstanding of the goal of our analyses, which was to investigate the links between life satisfaction and spending patterns, rather than spending volume. Second, we report a simulation study we ran to demonstrate that our results were not driven by the proposed statistical artifact. Finally, we discuss the broader issue of why, in a world of big data, small but reliable effect sizes can be valuable.

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Marketing and Personality

Authors
Sandra Matz and Jacob B. Hirsh
Date
January 1, 2017
Format
Chapter
Book
The Wiley Encyclopedia of Personality and Individual Differences
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Ethics in the Anthropology of Business

Authors
Timothy de Waal Malefyt and Robert Morais
Date
January 1, 2017
Format
Book
Publisher
Routledge

Ethics in business is a major topic both in the social sciences and in business itself. Anthropologists, long attendant to the intersection of ethics and practice, are particularly well suited to offer vital insights on the subject.

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Idea Generation, Creativity, and Prototypicality

Authors
Olivier Toubia and Oded Netzer
Date
January 1, 2017
Format
Journal Article
Journal
Marketing Science

In this paper we show how simple text mining and semantic network analysis may be used to (i) improve our theoretical understanding of idea generation, (ii) help people improve the creativity of their ideas. From a theoretical perspective, we contribute to the cognitive idea generation literature by establishing a link between the set of concepts used to form an idea and the creativity of the idea. Each idea contains a subset of the semantic network of concepts related to the topic.

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Can a Toy Encourage Lower Calorie Meal Bundle Selection in Children? A Field Experiment on the Reinforcing Effects of Toys on Food Choice

Authors
Martin Reimann and Kristen Lane
Date
January 1, 2017
Format
Journal Article
Journal
PLOS ONE
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Introduction: Capitalism, Work, and Ethics

Authors
Robert Morais and Timothy de Waal Malefyt
Date
January 1, 2017
Format
Chapter
Book
Ethics in the Anthropology of Business: Explorations in Theory, Practice, and Pedagogy

Ethics in business is a major topic both in the social sciences and in business itself. Anthropologists, long attendant to the intersection of ethics and practice, are particularly well suited to offer vital insights on the subject. This timely collection considers a range of ethical issues in business through the examination of anthropologically informed theory and case examples.

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Advertising Anthropology Ethics

Authors
Robert Morais and Timothy de Waal Malefyt
Date
January 1, 2017
Format
Chapter
Book
Ethics in the Anthropology of Business: Explorations in Theory, Practice, and Pedagogy

In this chapter, we discuss both the criticisms and benefits of advertising and address ethical concerns for anthropologists involved in the creation of advertising. We examine how ethical complexities range from the question of advertising as a necessary form of consumer-brand engagement to socially responsible advertising as a necessary form of consumer-brand engagement to socially responsible advertising, to professional ethics surrounding the objects or brands being advertised, and to the work of anthropologists in advancing advertising campaigns.

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