Latest on Marketing
- Type
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Finance and Investing
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Dark Defaults: How Choice Architecture Fueled Millions in Inadvertent Political Donations
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Entrepreneurship
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The Future of Entertainment: Rewriting the Playbook
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Holiday Shopping Season: Columbia Business School's Research Delivers Best Practices for Targeting Consumers
New Research Offers Advertisers Model to Better Predict Online Shopper Preferences
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Online Shopping: What Companies Can Conclude Based on How Consumers Search
Meaning vs. Autonomy: A Challenge in Marketing New Technologies
Unlocking the Power of Customer Routines: A Marketing Game Changer
Marketing Faculty
CBS Faculty Research on Marketing
The Impact of Retail Media on Online Marketplaces: Insights from a Field Experiment
- Authors
- Date
- June 1, 2023
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Working Paper
Advertising on e-commerce marketplaces, wherein sponsored product listings are interleaved with organic product listings in the search results, is a large and growing phenomenon under the umbrella of "retail media." In this paper, taking the perspective of the marketplace, we obtain insights into the impact of sponsored listings being shown at the most salient positions in the list of results. To do so, we analyze data from a large-scale field experiment at Flipkart, a leading online marketplace in India. We find nuanced results that substantially vary across categories.
Natural Language Processing in Marketing
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Jochen Hartmann and Oded Netzer
- Date
- March 13, 2023
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Chapter
- Book
- Artificial Intelligence in Marketing, Review of Marketing Research
The increasing importance and proliferation of text data provide a unique opportunity and novel lens to study human communication across a myriad of business and marketing applications. For example, consumers compare and review products online, individuals interact with their voice assistants to search, shop, and express their needs, investors seek to extract signals from firms’ press releases to improve their investment decisions, and firms analyze sales call transcripts to increase customer satisfaction and conversions.
What makes people happy? Decoupling the experiential-material continuum
- Authors
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Evan Weingarten, Kristen Duke, Wendy Liu, Rebecca W. Hamilton, On Amir, Gil Appel, Moran Cerf, Joseph K. Goodman, Andrea C. Morales, Ed O’Brien, Jordi Quoidbach, and Monic Sun
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- February 9, 2023
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Journal Article
- Journal
- Society for Consumer Psychology
Extant literature suggests that consumers derive more happiness from experiences (e.g., vacations) than from material possessions (e.g., furniture). However, this literature typically pits material against experiential consumption, treating them as a single bipolar construct of their relative dominance: more material or more experiential. This focus on relative dominance leaves unanswered questions regarding how different levels of material and experiential qualities each contribute to happiness.
Frontiers: Polarized America: From Political Polarization to Preference Polarization
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- Date
- January 31, 2023
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Journal Article
- Journal
- Marketing Science: Frontiers
In light of the widely discussed political divide and increasing societal polarization, we investigate in this paper whether the polarization of political ideology extends to consumers’ preferences, intentions, and purchases. Using three different data sets—the publicly available social media data of over three million brand followerships of Twitter users, a YouGov brand-preference survey data set, and Nielsen scanner panel data—we assess the evolution of brand-preference polarization.
The More You Ask, the Less You Get: When Additional Questions Hurt External Validity
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- Date
- October 1, 2022
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Journal Article
- Journal
- Journal of Marketing Research
Researchers and practitioners in marketing, economics, and public policy often use preference elicitation tasks to forecast realworld behaviors. These tasks typically ask a series of similarly structured questions.
Decisions Over Decimal: Balancing Intuition and Information
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- Date
- October 1, 2022
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Book
- Publisher
- Wiley
Agile decision making is imperative as you lead in a data-driven world. Uniquely bridging theory and practice, Decisions over Decimals unites data intelligence with human judgment to get to action – a sharp approach the authors refer to as Quantitative Intuition (QI). QI raises the power of thinking beyond big data without neglecting it and chasing the perfect decision while appreciating that such a thing can never really exist.
Toward a Pedagogy for Consumer Anthropology: Method, Theory, Marketing
This paper focuses on teaching the application of anthropology in business to marketing students. It begins with the premise that consumer marketers have long used ethnography as a component of their qualitative market research toolkit to inform their knowledge about and empathy for consumers. A question for market research educators who include ethnography in their curricula is if and how to teach the richness of anthropologically based approaches, especially given a decoupling of ethnographic method from anthropological theory in much consumer research practice.
Using Social Network Activity Data to Identify and Target Job Seekers
- Authors
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Peter Ebbes and Oded Netzer
- Date
- April 1, 2022
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Journal Article
- Journal
- Management Science
An important challenge for many firms is to identify the life transitions of its customers, such as job searching, expecting a child, or purchasing a home. Inferring such transitions, which are generally unobserved to the firm, can offer the firms opportunities to be more relevant to their customers. In this paper, we demonstrate how a social network platform can leverage its longitudinal user data to identify which of its users are likely to be job seekers. Identifying job seekers is at the heart of the business model of professional social network platforms.
Consumer Minimalism
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Silvia Bellezza and Anne Wilson (equal authorship)
- Date
- February 1, 2022
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Journal Article
- Journal
- Journal of Consumer Research
Minimalism in consumption can be expressed in various forms, such as monochromatic home design, wardrobe capsules, tiny home living, and decluttering. This research offers a unified understanding of the variegated displays of minimalism by establishing a conceptual definition of consumer minimalism and developing the twelve-item Minimalist Consumer Scale to measure the construct.