Targeted Advertising in Magazine Markets and the Advent of the Internet

This paper examines how the ability of traditional media firms to engage in targeted advertising has changed with the advent of the Internet. We find that the premium for reaching a homogeneous audience increases for magazines that have a companion website, as well as for those whose readers are mor...

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Veröffentlicht in:Management science 2014-07, Vol.60 (7), p.1829-1843
Hauptverfasser: Chandra, Ambarish, Kaiser, Ulrich
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container_title Management science
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creator Chandra, Ambarish
Kaiser, Ulrich
description This paper examines how the ability of traditional media firms to engage in targeted advertising has changed with the advent of the Internet. We find that the premium for reaching a homogeneous audience increases for magazines that have a companion website, as well as for those whose readers are more likely to be online. This indicates a complementarity between offline and online channels with respect to targeted advertising. We hypothesize that this result is driven by multihoming consumers who enhance the value of targeted advertising, in contrast to the usual assumption that multiple advertising messages are redundant. This paper was accepted by Pradeep Chintagunta, marketing.
doi_str_mv 10.1287/mnsc.2013.1830
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source INFORMS PubsOnLine; Business Source Complete; Jstor Complete Legacy
subjects Advertising
Advertising media
Advertising rates
Analysis
Audiences
Consumer advertising
Consumers
Demography
Hypothesis
Internet
Internet advertising
Internet complementarity
Internet/Web advertising
Magazine advertising
Media
multihoming
Online advertising
Online media
Periodicals
Prices
Print advertising
Publishing industry
Studies
Target markets
targeted advertising
Websites
Western Europe
title Targeted Advertising in Magazine Markets and the Advent of the Internet
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