Market Segment Derivation and Profiling Via a Finite Mixture Model Framework
dc.contributor.author | Wedel, Michel | en_US |
dc.contributor.author | DeSarbo, Wayne S. | en_US |
dc.date.accessioned | 2006-09-11T18:27:01Z | |
dc.date.available | 2006-09-11T18:27:01Z | |
dc.date.issued | 2002-02 | en_US |
dc.identifier.citation | Wedel, Michel; Desarbo, Wayne S.; (2002). "Market Segment Derivation and Profiling Via a Finite Mixture Model Framework." Marketing Letters 13(1): 17-25. <http://hdl.handle.net/2027.42/46979> | en_US |
dc.identifier.issn | 0923-0645 | en_US |
dc.identifier.issn | 1573-059X | en_US |
dc.identifier.uri | https://hdl.handle.net/2027.42/46979 | |
dc.description.abstract | The Marketing literature has shown how difficult it is to profile market segments derived with finite mixture models, especially using traditional descriptor variables (e.g., demographics). Such profiling is critical for the proper implementation of segmentation strategy. We propose a new finite mixture modelling approach that provides a variety of model specifications to address this segmentation dilemma. Our proposed approach allows for a large number of nested models (special cases) and associated tests of (local) independence to distinguish amongst them. A commercial application to customer satisfaction is provided where a variety of different model specifications are tested and compared. | en_US |
dc.format.extent | 77627 bytes | |
dc.format.extent | 3115 bytes | |
dc.format.mimetype | application/pdf | |
dc.format.mimetype | text/plain | |
dc.language.iso | en_US | |
dc.publisher | Kluwer Academic Publishers; Springer Science+Business Media | en_US |
dc.subject.other | Economics / Management Science | en_US |
dc.subject.other | Marketing | en_US |
dc.subject.other | Finite Mixture Models | en_US |
dc.subject.other | Market Segmentation | en_US |
dc.subject.other | Concomitant Variables | en_US |
dc.subject.other | Customer Satisfaction | en_US |
dc.title | Market Segment Derivation and Profiling Via a Finite Mixture Model Framework | en_US |
dc.type | Article | en_US |
dc.subject.hlbsecondlevel | Marketing | en_US |
dc.subject.hlbsecondlevel | West European Studies | en_US |
dc.subject.hlbsecondlevel | Management | en_US |
dc.subject.hlbsecondlevel | Southeast Asian and Pacific Languages and Cultures | en_US |
dc.subject.hlbsecondlevel | Economics | en_US |
dc.subject.hlbtoplevel | Humanities | en_US |
dc.subject.hlbtoplevel | Business | en_US |
dc.subject.hlbtoplevel | Social Sciences | en_US |
dc.description.peerreviewed | Peer Reviewed | en_US |
dc.contributor.affiliationum | University of Groningen and University of Michigan, USA | en_US |
dc.contributor.affiliationother | Pennsylvania State University and Analytika Marketing Sciences, Inc, USA | en_US |
dc.contributor.affiliationumcampus | Ann Arbor | en_US |
dc.description.bitstreamurl | http://deepblue.lib.umich.edu/bitstream/2027.42/46979/1/11002_2004_Article_399784.pdf | en_US |
dc.identifier.doi | http://dx.doi.org/10.1023/A:1015059024154 | en_US |
dc.identifier.source | Marketing Letters | en_US |
dc.owningcollname | Interdisciplinary and Peer-Reviewed |
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