System and Method for Generating a Marketing-Mix Solution

System and Method for Generating a Marketing-Mix Solution

A method for generating a marketing-mix solution is provided. The method includes pre-modeling marketing data having a plurality of marketing-mix variables. Each of the plurality of marketing-mix variables is associated with marketing strategies for one or more products. The method also includes gen...

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Bibliographische Detailangaben
Hauptverfasser: ARUNACHALAM RAMPRASAD, DHIRAJ AMBIGA, DOWLATY ZUBIN
Format: Patent
Sprache:eng
Schlagworte:
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:A method for generating a marketing-mix solution is provided. The method includes pre-modeling marketing data having a plurality of marketing-mix variables. Each of the plurality of marketing-mix variables is associated with marketing strategies for one or more products. The method also includes generating a sales and/or revenue based response model to identify contributory marketing-mix variables that affect the sales and/or revenue of the one or more products and analyzing the response model to determine individual contribution of each of the contributory marketing-mix variables towards the sales an/or revenue of the one or more products.