Marketing Analytics: Data-Driven Techniques with Microsoft Excel

Lýsing:
Marketing Analytics: Data-Driven Techniques with Microsoft Excel shows business managers and data analysts how to use a relatively simple tool--Excel---to analyze useful business information using powerful analytic techniques. This comprehensive book shows how to use each technique to solve a practical businenss problem and achieve optimum marketing results. Topics include: How PivotTables, charts, Excel statistical functions and array formulas can be used to describe and summarize marketing data.
How to quantify customer value. Allocate the marketing budget between acquiring and retaining high-value customers Analyzing market segments to identify high-value customers Forecasting sales of existing and of new products Estimating trends and seasonality Market basket analysis for optimizing retail sales Optimizing direct mail and online campaigns Selecting media targets for advertising Optimizing product price points Price bundling and discounting Determining which new products to recommend to existing customers Viral marketing models for social media And more The author will demonstrate how to implement more than 85% of these techniques using Excel.
Annað
- Höfundur: Wayne L. Winston
- Útgáfa:1
- Útgáfudagur: 2014-01-08
- Hægt að prenta út 2 bls.
- Hægt að afrita 10 bls.
- Format:Page Fidelity
- ISBN 13: 9781118439357
- Print ISBN: 9781118373439
- ISBN 10: 111843935X
Efnisyfirlit
- Title Page
- Copyright
- Contents
- Introduction
- Part I Using Excel to Summarize Marketing Data
- Chapter 1 Slicing and Dicing Marketing Data with PivotTables
- Analyzing Sales at True Colors Hardware
- Analyzing Sales at La Petit Bakery
- Analyzing How Demographics Affect Sales
- Pulling Data from a PivotTable with the GETPIVOTDATA Function
- Summary
- Exercises
- Chapter 2 Using Excel Charts to Summarize Marketing Data
- Combination Charts
- Using a PivotChart to Summarize Market Research Surveys
- Ensuring Charts Update Automatically When New Data is Added
- Making Chart Labels Dynamic
- Summarizing Monthly Sales-Force Rankings
- Using Check Boxes to Control Data in a Chart
- Using Sparklines to Summarize Multiple Data Series
- Using GETPIVOTDATA to Create the End-of-Week Sales Report
- Summary
- Exercises
- Chapter 3 Using Excel Functions to Summarize Marketing Data
- Summarizing Data with a Histogram
- Using Statistical Functions to Summarize Marketing Data
- Summary
- Exercises
- Chapter 1 Slicing and Dicing Marketing Data with PivotTables
- Chapter 4 Estimating Demand Curves and Using Solver to Optimize Price
- Estimating Linear and Power Demand Curves
- Using the Excel Solver to Optimize Price
- Pricing Using Subjectively Estimated Demand Curves
- Using SolverTable to Price Multiple Products
- Summary
- Exercises
- Chapter 5 Price Bundling
- Why Bundle?
- Using Evolutionary Solver to Find Optimal Bundle Prices
- Summary
- Exercises
- Chapter 6 Nonlinear Pricing
- Demand Curves and Willingness to Pay
- Profit Maximizing with Nonlinear Pricing Strategies
- Summary
- Exercises
- Chapter 7 Price Skimming and Sales
- Dropping Prices Over Time
- Why Have Sales?
- Summary
- Exercises
- Chapter 8 Revenue Management
- Estimating Demand for the Bates Motel and Segmenting Customers
- Handling Uncertainty
- Markdown Pricing
- Summary
- Exercises
- Chapter 9 Simple Linear Regression and Correlation
- Simple Linear Regression
- Using Correlations to Summarize Linear Relationships
- Summary
- Exercises
- Chapter 10 Using Multiple Regression to Forecast Sales
- Introducing Multiple Linear Regression
- Running a Regression with the Data Analysis Add-In
- Interpreting the Regression Output
- Using Qualitative Independent Variables in Regression
- Modeling Interactions and Nonlinearities
- Testing Validity of Regression Assumptions
- Multicollinearity
- Validation of a Regression
- Summary
- Exercises
- Chapter 11 Forecasting in the Presence of Special Events
- Building the Basic Model
- Summary
- Exercises
- Chapter 12 Modeling Trend and Seasonality
- Using Moving Averages to Smooth Data and Eliminate Seasonality
- An Additive Model with Trends and Seasonality
- A Multiplicative Model with Trend and Seasonality
- Summary
- Exercises
- Chapter 13 Ratio to Moving Average Forecasting Method
- Using the Ratio to Moving Average Method
- Applying the Ratio to Moving Average Method to Monthly Data
- Summary
- Exercises
- Chapter 14 Winter’s Method
- Parameter Definitions for Winter’s Method
- Initializing Winter’s Method
- Estimating the Smoothing Constants
- Forecasting Future Months
- Mean Absolute Percentage Error (MAPE)
- Summary
- Exercises
- Chapter 15 Using Neural Networks to Forecast Sales
- Regression and Neural Nets
- Using Neural Networks
- Using NeuralTools to Predict Sales
- Using NeuralTools to Forecast Airline Miles
- Summary
- Exercises
- Chapter 16 Conjoint Analysis
- Products, Attributes, and Levels
- Full Profile Conjoint Analysis
- Using Evolutionary Solver to Generate Product Profiles
- Developing a Conjoint Simulator
- Examining Other Forms of Conjoint Analysis
- Summary
- Exercises
- Chapter 17 Logistic Regression
- Why Logistic Regression Is Necessary
- Logistic Regression Model
- Maximum Likelihood Estimate of Logistic Regression Model
- Using StatTools to Estimate and Test Logistic Regression Hypotheses
- Performing a Logistic Regression with Count Data
- Summary
- Exercises
- Chapter 18 Discrete Choice Analysis
- Random Utility Theory
- Discrete Choice Analysis of Chocolate Preferences
- Incorporating Price and Brand Equity into Discrete Choice Analysis
- Dynamic Discrete Choice
- Independence of Irrelevant Alternatives (IIA) Assumption
- Discrete Choice and Price Elasticity
- Summary
- Exercises
- Chapter 19 Calculating Lifetime Customer Value
- Basic Customer Value Template
- Measuring Sensitivity Analysis with Two-way Tables
- An Explicit Formula for the Multiplier
- Varying Margins
- DIRECTV, Customer Value, and Friday Night Lights (FNL)
- Estimating the Chance a Customer Is Still Active
- Going Beyond the Basic Customer Lifetime Value Model
- Summary
- Exercises
- Chapter 20 Using Customer Value to Value a Business
- A Primer on Valuation
- Using Customer Value to Value a Business
- Measuring Sensitivity Analysis with a One-way Table
- Using Customer Value to Estimate a Firm’s Market Value
- Summary
- Exercises
- Chapter 21 Customer Value, Monte Carlo Simulation, and Marketing Decision Making
- A Markov Chain Model of Customer Value
- Using Monte Carlo Simulation to Predict Success of a Marketing Initiative
- Summary
- Exercises
- Chapter 22 Allocating Marketing Resources between Customer Acquisition and Retention
- Modeling the Relationship between Spending and Customer Acquisition and Retention
- Basic Model for Optimizing Retention and Acquisition Spending
- An Improvement in the Basic Model
- Summary
- Exercises
- Chapter 23 Cluster Analysis
- Clustering U.S. Cities
- Using Conjoint Analysis to Segment a Market
- Summary
- Exercises
- Chapter 24 Collaborative Filtering
- User-Based Collaborative Filtering
- Item-Based Filtering
- Comparing Item- and User-Based Collaborative Filtering
- The Netflix Competition
- Summary
- Exercises
- Chapter 25 Using Classification Trees for Segmentation
- Introducing Decision Trees
- Constructing a Decision Tree
- Pruning Trees and CART
- Summary
- Exercises
- Chapter 26 Using S Curves to Forecast Sales of a New Product
- Examining S Curves
- Fitting the Pearl or Logistic Curve
- Fitting an S Curve with Seasonality
- Fitting the Gompertz Curve
- Pearl Curve versus Gompertz Curve
- Summary
- Exercises
- Chapter 27 The Bass Diffusion Model
- Introducing the Bass Model
- Estimating the Bass Model
- Using the Bass Model to Forecast New Product Sales
- Deflating Intentions Data
- Using the Bass Model to Simulate Sales of a New Product
- Modifications of the Bass Model
- Summary
- Exercises
- Chapter 28 Using the Copernican Principle to Predict Duration of Future Sales
- Using the Copernican Principle
- Simulating Remaining Life of Product
- Summary
- Exercises
- Chapter 29 Market Basket Analysis and Lift
- Computing Lift for Two Products
- Computing Three-Way Lifts
- A Data Mining Legend Debunked!
- Using Lift to Optimize Store Layout
- Summary
- Exercises
- Chapter 30 RFM Analysis and Optimizing Direct Mail Campaigns
- RFM Analysis
- An RFM Success Story
- Using the Evolutionary Solver to Optimize a Direct Mail Campaign
- Summary
- Exercises
- Chapter 31 Using the SCAN*PRO Model and Its Variants
- Introducing the SCAN*PRO Model
- Modeling Sales of Snickers Bars
- Forecasting Software Sales
- Summary
- Exercises
- Chapter 32 Allocating Retail Space and Sales Resources
- Identifying the Sales to Marketing Effort Relationship
- Modeling the Marketing Response to Sales Force Effort
- Optimizing Allocation of Sales Effort
- Using the Gompertz Curve to Allocate Supermarket Shelf Space
- Summary
- Exercises
- Chapter 33 Forecasting Sales from Few Data Points
- Predicting Movie Revenues
- Modifying the Model to Improve Forecast Accuracy
- Using 3 Weeks of Revenue to Forecast Movie Revenues
- Summary
- Exercises
- Chapter 34 Measuring the Effectiveness of Advertising
- The Adstock Model
- Another Model for Estimating Ad Effectiveness
- Optimizing Advertising: Pulsing versus Continuous Spending
- Summary
- Exercises
- Chapter 35 Media Selection Models
- A Linear Media Allocation Model
- Quantity Discounts
- A Monte Carlo Media Allocation Simulation
- Summary
- Exercises
- Chapter 36 Pay per Click (PPC) Online Advertising
- Defining Pay per Click Advertising
- Profitability Model for PPC Advertising
- Google AdWords Auction
- Using Bid Simulator to Optimize Your Bid
- Summary
- Exercises
- Chapter 37 Principal Components Analysis (PCA)
- Defining PCA
- Linear Combinations, Variances, and Covariances
- Diving into Principal Components Analysis
- Other Applications of PCA
- Summary
- Exercises
- Chapter 38 Multidimensional Scaling (MDS)
- Similarity Data
- MDS Analysis of U.S. City Distances
- MDS Analysis of Breakfast Foods
- Finding a Consumer’s Ideal Point
- Summary
- Exercises
- Chapter 39 Classification Algorithms: Naive Bayes Classifier and Discriminant Analysis
- Conditional Probability
- Bayes’ Theorem
- Naive Bayes Classifier
- Linear Discriminant Analysis
- Model Validation
- The Surprising Virtues of Naive Bayes
- Summary
- Exercises
- Chapter 40 Analysis of Variance: One-way ANOVA
- Testing Whether Group Means Are Different
- Example of One-way ANOVA
- The Role of Variance in ANOVA
- Forecasting with One-way ANOVA
- Contrasts
- Summary
- Exercises
- Chapter 41 Analysis of Variance: Two-way ANOVA
- Introducing Two-way ANOVA
- Two-way ANOVA without Replication
- Two-way ANOVA with Replication
- Summary
- Exercises
- Chapter 42 Networks
- Measuring the Importance of a Node
- Measuring the Importance of a Link
- Summarizing Network Structure
- Random and Regular Networks
- The Rich Get Richer
- Klout Score
- Summary
- Exercises
- Chapter 43 The Mathematics Behind The Tipping Point
- Network Contagion
- A Bass Version of the Tipping Point
- Summary
- Exercises
- Chapter 44 Viral Marketing
- Watts’ Model
- A More Complex Viral Marketing Model
- Summary
- Exercises
- Chapter 45 Text Mining
- Text Mining Definitions
- Giving Structure to Unstructured Text
- Applying Text Mining in Real Life Scenarios
- Summary
- Exercises
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- Gerð : 208
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