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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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Latest on Marketing

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Marketing Faculty

CBS Faculty Research on Marketing

Functional and Experiential Routes to Persuasion: An Analysis of Advertising in Emerging vs. Developed Markets

Authors
Lia Zarantonello, Kamel Jedidi, and Bernd Schmitt
Date
March 1, 2013
Format
Journal Article
Journal
International Journal of Research in Marketing

Should advertising be approached differently in emerging than in developed markets? Using data from 256 TV commercial tests conducted by a multinational FMCG company in 23 countries, we consider two routes of persuasion: a functional route, which emphasizes the features and benefits of a product, and an experiential route, which evokes sensations, feelings, and imaginations. Whereas in developed markets the experiential route mostly drives persuasion, the functional route is a relatively more important driver in emerging markets.

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Linking Customer Equity to Brand Equity

Authors
Donald Lehmann, Scott Neslin, and Anita Luo
Date
February 1, 2013
Format
Chapter
Book
The Handbook of Customer Equity: Mastering the Art and Science of Customer Management
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Organizational Learning and CRM Success: A Model for Linking Organizational Practices, Customer Data Quality, and Performance

Authors
James Peltier, Debra Zahay, and Donald Lehmann
Date
February 1, 2013
Format
Journal Article
Journal
Journal of Interactive Marketing

A high quality customer database is a cornerstone of successful interactive marketing strategies and tactics. Based on the notion that customer data quality is not only a technical but also an organizational problem, this study develops and tests an organizational learning framework of the relationship between organizational processes, customer data quality and firm performance. The findings show that high quality customer data impact both customer and business performance and that the most important driver of customer data quality comes from the executive suite.

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Malleable Conjoint Partworths: How the Breadth of Response Scales Alters Price Sensitivity

Authors
Amitav Chakravarti, Andrew Grenville, Vicki Morwitz, Jane Tang, and Gulden Ulkumen
Date
January 1, 2013
Format
Journal Article
Journal
Journal of Consumer Psychology

In one laboratory study and one field study conducted with a large, representative sample of respondents, we show that seemingly innocuous questions that precede a conjoint task, such as demographic and usage-related screening questions can alter the price sensitivities recovered from the main conjoint task. The findings demonstrate that whether these prior questions use broad response categories (i.e., few scale points) or narrow response categories (i.e., many scale points) systematically influences consumers' price sensitivity in a CBC (Choice Based Conjoint) study.

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The Impact of Event Marketing on Brand Equity: The Mediating Roles of Brand Experience and Brand Attitude

Authors
Lia Zarantonello and Bernd Schmitt
Date
January 1, 2013
Format
Journal Article
Journal
International Journal of Advertising

Can event marketing contribute to brand equity? A field study with consumers participating in different types of events indicates that event attendance increases brand equity and that brand experience is the most important mediator. Brand attitudes mediate the relation between events and brand equity only for certain types of events (namely, trade and street events, but not pop-up shops and sponsored events). Implications of the results for event marketing theory and practice are discussed.

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Managerial Decision Making in Customer Management: Adaptive, Fast and Frugal?

Authors
Johannes Bauer, Philipp Schmitt, Vicki Morwitz, and Russell Winer
Date
January 1, 2013
Format
Journal Article
Journal
Journal of the Academy of Marketing Science

While customer management has become a top priority for practitioners and academics, little is known about how managers actually make customer management decisions. Our study addresses this gap and uses the adaptive decision maker as well as the fast and frugal heuristics frameworks to gain a better understanding of managerial decision making. Using the process-tracing tool MouselabWEB, we presented sales managers in retail banking with three typical customer management prediction tasks.

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Does Time Fly When You're Counting Down? The Effect of Counting Direction on Subjective Time Judgments

Authors
Edith Shalev and Vicki Morwitz
Date
January 1, 2013
Format
Journal Article
Journal
Journal of Consumer Psychology

We show that counting downward while performing a task shortens the perceived duration of the task compared to counting upward. People perceive that less time has elapsed when they were counting downward versus upward while using a product (Studies 1 and 3) or watching geometrical shapes (Study 2). The counting direction effect is obtained using both prospective and retrospective time judgments (Study 3), but only when the count range begins with the number “1” (Study 2).

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Competitive Poaching in Sponsored Search Advertising and Its Strategic Impact on Traditional Advertising

Authors
Amin Sayedi, Kinshuk Jerath, and Kannan Srinivasan
Date
January 1, 2013
Format
Journal Article
Journal
Marketing Science

Traditional advertising, such as TV and print advertising, primarily builds awareness of a firm's product among consumers, whereas sponsored search advertising on a search engine can target consumers closer to making a purchase because they reveal their interest by searching for a relevant keyword.

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Intrinsic vs. Image-Related Utility in Social Media: Why Do People Contribute Content to Twitter?

Authors
Olivier Toubia and Andrew Stephen
Date
January 1, 2013
Format
Journal Article
Journal
Marketing Science

We empirically study the motivations of users to contribute content to social media in the context of the popular microblogging site Twitter. We focus on non-commercial users who do not benefit financially from their contributions. Previous literature suggests two main possible sources of motivation to post content for these users: intrinsic motivation and image-related motivation. We leverage the fact that these two types of motivation give rise to different predictions as to whether users should increase their contributions when their number of followers (audience size) increases.

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