Using store level scanner data to improve category management decisions: Developing positioning maps
Óscar González-Benito,
María Pilar Martínez-Ruiz and
Alejandro Mollá-Descals
European Journal of Operational Research, 2009, vol. 198, issue 2, 666-674
Abstract:
This paper provides evidence of the usefulness of aggregated point-of-sale scanner data to infer the positioning of competing brands, providing valuable information for category management and hence facilitating decision making. Specifically, the authors propose a methodology to study the internal market structure based on market share models with latent heterogeneity when only macro-level time series data (not individual choices) are available. The proposed approach assumes a multidimensional decomposition, latent in the preference structure that is implicit to these types of models. By empirically applying this approach, the authors (1) simultaneously identify both latent dimensions of competing brands and latent segments with different brand preferences, (2) explain the competitive positioning of brands without using disaggregated consumer panel data, and (3) achieve greater predictive performance. The findings offer insights to academics and practitioners interested in improving the practice of category management.
Keywords: Marketing; Management; Decision; making; Market; response; models; Internal; analysis; of; the; market; structure; Positioning; maps (search for similar items in EconPapers)
Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0377-2217(08)00948-X
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:198:y:2009:i:2:p:666-674
Access Statistics for this article
European Journal of Operational Research is currently edited by Roman Slowinski, Jesus Artalejo, Jean-Charles. Billaut, Robert Dyson and Lorenzo Peccati
More articles in European Journal of Operational Research from Elsevier
Bibliographic data for series maintained by Catherine Liu ().