Title :
Study of Customer Behavior Sensitive Marketing Strategy for Retailer
Author :
Zhao, Jinshi ; Huo, Jiazhen
Author_Institution :
Coll. of Econ. & Manage., Tongji Univ., Shanghai, China
Abstract :
Previous studies about supply chain decision mechanism are based on the fixed parameters demand distribution function. But in practice the demand function is affected by the decision variables of marketing strategy. So we focus on this practical problem and build the demand distribution function including pricing, advertising and consumer characters. We add this demand distribution function into supply chain and design the joint decision model based on this demand distribution function. We calculate the equilibrium solution through maximizing the expected profit. Finally we verify our model using practical data and numerical study.
Keywords :
advertising; consumer behaviour; customer services; pricing; retailing; supply chains; advertising; consumer characters; customer behavior sensitive marketing strategy; demand distribution function; joint decision model; marketing strategy; pricing; retailer; supply chain; Advertising; Consumer behavior; Distribution functions; Educational institutions; Gaussian distribution; Innovation management; Manufacturing; Pricing; Supply chain management; Supply chains; advertising; consumer behavior; pricing; supply chain;
Conference_Titel :
Information Management, Innovation Management and Industrial Engineering, 2009 International Conference on
Conference_Location :
Xi´an
Print_ISBN :
978-0-7695-3876-1
DOI :
10.1109/ICIII.2009.68