iiitm
12-13-2004, 04:10 PM
We all in marketing talk about models , strategies . But most of the time it is in qualitative terms . If we look at other domains like finance , Models have to be quantified . Can somebody tell me about the quantative methods and models. Suggest some books and
sites.
Regards
Alok Pathak
jishith
12-27-2004, 02:33 PM
Hi Alok
I would list out a few quantitative models in marketing.
Autoregressive tobit models- For usage patterns and usage forcasting
Collaborative filtering- For clustering of customers
NBD models- Quantifying repeat purchase behaviour.
Learning models- Used to measure internet learning activity
Hazard models- Measuring censored observations
Markov models- Measuring web browsing behavior
Computer agents model- as name indicates, measure the impact of computer agents in buying behavior.
Trial-and-repeat models- Again quantifying repeat purchase behavior.
Like this, a number of quantitative models are available for Marketing.
Regards