Marketing Models
Detailed Course Outline and Reading List

Week 11:  Marketing Mix (2) -Advertising and Sales Force
March 28


Readings

Background

  1. LKM Chapter 6 (Advertising) & Chapter 12 (Decision Support and Implementation).

  2. Lodish, Leonard M., Magid M. Abraham, Jeanne Livelsberger, Beth Lubetkin, Bruce Richardson and Mary Ellen Stevens (1995), “A Summary of Fifty-Five In-Market Experimental Estimates of the Long Term Effect of TV Advertising,” Marketing Science, 14 (3), 2 of 2, G133-G40.

  3. Lodish, Leonard M. et al (1995), “How TV Advertising Works:  A Meta Analysis of 389 Real World Split Cable TV Advertising Experiments,” Journal of Marketing Research, 32 (2), 125-139.

Long Term Effects

  1. Clarke, Darral G. (1976), “Econometric Measurement of the Duration of Advertising Effect on Sales,” Journal of Marketing Research, 13 (4) 345-357. Co-Winner of the 1981 William F. O’Dell Award.

  2. Dekimpe, Marnik G. and Dominique M. Hanssens (1995), “The Persistence of Marketing Effects on Sales,” Marketing Science, 14 (1), 1-21. Co-Winner of the 1995 John D. C. Little Award

  3. Mitra, Anusree and John G. Lynch Jr. (1995), “Toward a Reconciliation of Market Power and Information Theories of Advertising Effects on Price Elasticity,” Journal of Consumer Research, 21 (4), 644-659 1995 Journal of Consumer Research Ferber Award Winner

Media Scheduling

  1. Naik, Prasad A., Murali Mantrala and Alan G. Sawyer (1998), “Planning Media Schedules in the Presence of Dynamic Advertising Quality,” Marketing Science, 17 (3), 214-235. 1998 Frank M. Bass Dissertation Paper Award Winner.

Direct Sales Force, Channels and Networks/Alliances

  1. Basu, Amiya K., Rajiv Lal, V. Srinivasan and Richard Staelin (1985), ”Salesforce Compensation Plans:  An Agency Theoretic Perspective,” Marketing Science, 4 (4), 267-91.

  2. Balaubramanian, Sridhar (1998), “Mail versus Mall:  A Strategic Analysis of Competition Between Direct Marketers and Conventional Retailers,” Marketing Science, 17 (3), 181-95.

  3. Amaldoss, Wilfred, Robert J. Meyer, Jagmohan S. Raju and Amnon Rapoport (2000), “Collaborating to Compete,” Marketing Science, 19 (2), 105-26. John D. C. Little Award

Discussion Questions
  1. What are some opportunities to incorporate behavioral theories of advertising effectiveness into models of the effects of advertising on aggregate market response? 

  2. What are some opportunities to incorporate behavioral theories into models of sales/account or channel managment?

  3. Advertising is a very heavily studied topic.  Has the modern marketing landscape stimulated new research questions about advertising?  What are they?  How would you study them?

  4. Discuss how the effectiveness of advertising can be studied in a social context.

Assignment
  1. Write a critical review of two articles.
  2. Write a two or three page (double-spaced) answer to one of the discussion questions.