Posts Tagged “econometric”

History of Scientific Marketing

 
 
The use of mathematics in marketing seems to be one of the hot topics today.  But is it that new?  Not really.  Here’s a little piece I wrote recently on the history of mathematical marketing.  I split in into four main era’s.
 
First Era : The Early Days of Direct Response
 
It’s probably fair to assume that [...]



How much to spend in a recession?

 

 
 
Two weeks ago I wrote a post about setting the marketing budget.  It described the often very basic rules marketers use to make multi million dollar investment decisions in marketing.  It also had data from a recent McKinsey survey showing that although 45% of the companies were planning to reduce their budgets, 27% had no changes planned, [...]