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Purpose – The current research aims to explore variables that explain the differences in online reviewers' behavior. Design/methodology/approach – The authors' panel dataset is compiled from Amazon.com's book section and uses publicly available information about reviewers in combination with...
Persistent link: https://www.econbiz.de/10014724458
Purpose: Predicting the inactivity and the repeat transaction frequency of a firm's customer base is critical for customer relationship management. The literature offers two main approaches to such predictions: stochastic modeling efforts represented by Pareto/NBD and machine learning...
Persistent link: https://www.econbiz.de/10012274825
Simple heuristics are usually deemed to be inferior to more complicated models. Although recent studies have demonstrated the usefulness of some forecasting heuristics, the questions of why and when a heuristic would work remain unaddressed. This study aims to answer such “why” and...
Persistent link: https://www.econbiz.de/10011051451
At the heart of a new product sales-forecasting model for consumer packaged goods is a multiple-event timing process. Even after controlling for the effects of time-varying marketing mix covariates, this timing process is not a stationary one, which means the standard interpurchase time models...
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