Skip to main content

2017 | OriginalPaper | Buchkapitel

14. Marketing Models for Internet Advertising

verfasst von : Randolph E. Bucklin, Paul R. Hoban

Erschienen in: Handbook of Marketing Decision Models

Verlag: Springer International Publishing

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config
loading …

Abstract

This chapter reviews recent advances in the application of marketing models to improve decision-making in internet advertising. It focuses on models developed for use in display advertising and sponsored search advertising. Together, these media account for the bulk of online advertising spending and most of the recent modeling advances in internet advertising. The chapter describes the challenges that confront modelers in these areas, including data limitations and selection effects due to targeting, and details how recent advances in model formulation and model-enhanced experiments are able to address them. The chapter closes with a look at recent modeling work that incorporates the effects of both online display and sponsored search advertising.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Fußnoten
1
Rich media describes advertisements that contain video, audio, or other content that encourages user interaction with the ad.
 
2
Annual spending figures here exclude display ad spending targeted for mobile devices.
 
3
For a detailed discussion of this model, please see Bucklin (2008, pp. 332–334) in the first edition of this volume.
 
4
This model is also discussed in detail in Bucklin (2008, pp. 334–335).
 
5
In practice, CPC is generally close to or equal to the bid.
 
6
Because search ad costs are triggered by customer queries and click-throughs, there is no easy way to use placebo ads as a control condition as is done with display ad tests.
 
Literatur
Zurück zum Zitat Abhishek, V., K. Hosanagar, and P.S. Fader. 2015. Aggregation bias in sponsored search data: The curse and the cure. Marketing Science 34 (1): 59–77.CrossRef Abhishek, V., K. Hosanagar, and P.S. Fader. 2015. Aggregation bias in sponsored search data: The curse and the cure. Marketing Science 34 (1): 59–77.CrossRef
Zurück zum Zitat Agarwal, A., K. Hosanagar, and M.D. Smith. 2011. Location, location, location: An analysis of profitability in position in online advertising markets. Journal of Marketing Research 48 (6): 1057–1073.CrossRef Agarwal, A., K. Hosanagar, and M.D. Smith. 2011. Location, location, location: An analysis of profitability in position in online advertising markets. Journal of Marketing Research 48 (6): 1057–1073.CrossRef
Zurück zum Zitat Blake, T., C. Nosko, and S. Tadelis. 2015. Consumer heterogeneity and paid search effectiveness: A large-scale field experiment. Econometrica 83 (1): 155–174.CrossRef Blake, T., C. Nosko, and S. Tadelis. 2015. Consumer heterogeneity and paid search effectiveness: A large-scale field experiment. Econometrica 83 (1): 155–174.CrossRef
Zurück zum Zitat Braun, M., and W. Moe. 2013. Online display advertising: modeling the effects of multiple creatives on individual impression histories. Marketing Science 32 (5): 753–767.CrossRef Braun, M., and W. Moe. 2013. Online display advertising: modeling the effects of multiple creatives on individual impression histories. Marketing Science 32 (5): 753–767.CrossRef
Zurück zum Zitat Bucklin, R. 2008. Marketing models for electronic commerce. In Handbook of marketing decision models, ed. Berend Wierenga, 1st ed., 327–372. Springer. Bucklin, R. 2008. Marketing models for electronic commerce. In Handbook of marketing decision models, ed. Berend Wierenga, 1st ed., 327–372. Springer.
Zurück zum Zitat Chan, T., C. Wu, and Y. Xie. 2011. Measuring the lifetime value of customers acquired from Google search advertising. Marketing Science 30 (5): 837–850.CrossRef Chan, T., C. Wu, and Y. Xie. 2011. Measuring the lifetime value of customers acquired from Google search advertising. Marketing Science 30 (5): 837–850.CrossRef
Zurück zum Zitat Chatterjee, P., D.L. Hoffman, and T.P. Novak. 2003. Modeling the clickstream: Implications for web-based advertising efforts. Marketing Science 22 (4): 520–541.CrossRef Chatterjee, P., D.L. Hoffman, and T.P. Novak. 2003. Modeling the clickstream: Implications for web-based advertising efforts. Marketing Science 22 (4): 520–541.CrossRef
Zurück zum Zitat Dinner, I.M., H.J. van Heerde, and S.A. Neslin. 2014. Driving online and offline sales: The cross-channel effects of traditional, online display, and paid search advertising. Journal of Marketing Research 51 (5): 527–545.CrossRef Dinner, I.M., H.J. van Heerde, and S.A. Neslin. 2014. Driving online and offline sales: The cross-channel effects of traditional, online display, and paid search advertising. Journal of Marketing Research 51 (5): 527–545.CrossRef
Zurück zum Zitat Drèze, X., and F.X. Hussherr. 2003. Internet advertising: Is anybody watching? Journal of Interactive Marketing 17 (4): 8–23.CrossRef Drèze, X., and F.X. Hussherr. 2003. Internet advertising: Is anybody watching? Journal of Interactive Marketing 17 (4): 8–23.CrossRef
Zurück zum Zitat Ghose, A., and S. Yang. 2009. An empirical analysis of sponsored search in online advertising. Management Science 55 (10): 1605–1622.CrossRef Ghose, A., and S. Yang. 2009. An empirical analysis of sponsored search in online advertising. Management Science 55 (10): 1605–1622.CrossRef
Zurück zum Zitat Goldfarb, A., and C. Tucker. 2011. Online display advertising: Targeting and obtrusiveness. Marketing Science 30 (3): 389–404.CrossRef Goldfarb, A., and C. Tucker. 2011. Online display advertising: Targeting and obtrusiveness. Marketing Science 30 (3): 389–404.CrossRef
Zurück zum Zitat Greene, W. 1999. Econometric Analysis, 4th ed. Upper Saddle River, NJ: Prentice Hall. Greene, W. 1999. Econometric Analysis, 4th ed. Upper Saddle River, NJ: Prentice Hall.
Zurück zum Zitat Hoban, P.R., and R.E. Bucklin. 2015. Effects of internet display advertising in the purchase funnel: Model based insights from a randomized field experiment. Journal of Marketing Research 52 (3): 375–393.CrossRef Hoban, P.R., and R.E. Bucklin. 2015. Effects of internet display advertising in the purchase funnel: Model based insights from a randomized field experiment. Journal of Marketing Research 52 (3): 375–393.CrossRef
Zurück zum Zitat Johnson, G.A., R.A. Lewis and E.I. Nubbemeyer. 2017. Ghost Ads: Improving the Economics of Measuring Online Ad Effectiveness. Journal of Marketing Research forthcoming. Johnson, G.A., R.A. Lewis and E.I. Nubbemeyer. 2017. Ghost Ads: Improving the Economics of Measuring Online Ad Effectiveness. Journal of Marketing Research forthcoming.
Zurück zum Zitat Kalyanam, K., J. McAteer, J. Marek, J. Hodges and L. Lin. 2015. Cross Channel Effects of Search Engine Advertising on Brick and Mortar Retail Sales: Meta-Analysis of Large Scale Field Experiments on Google.com, working paper, Santa Clara University, September. Kalyanam, K., J. McAteer, J. Marek, J. Hodges and L. Lin. 2015. Cross Channel Effects of Search Engine Advertising on Brick and Mortar Retail Sales: Meta-Analysis of Large Scale Field Experiments on Google.com, working paper, Santa Clara University, September.
Zurück zum Zitat Lambrecht, A., and C. Tucker. 2013. When does retargeting work? Information specificity in online advertising. Journal of Marketing Research 50 (5): 561–576.CrossRef Lambrecht, A., and C. Tucker. 2013. When does retargeting work? Information specificity in online advertising. Journal of Marketing Research 50 (5): 561–576.CrossRef
Zurück zum Zitat Lewis, R.A., J.M. Rao, and D.H. Reiley. 2011. Here, There, and Everywhere: Correlated Online Behaviors. In Proceedings of world wide web conference 2011 research papers, 157–166. Hyderabad, India: ACM. Lewis, R.A., J.M. Rao, and D.H. Reiley. 2011. Here, There, and Everywhere: Correlated Online Behaviors. In Proceedings of world wide web conference 2011 research papers, 157–166. Hyderabad, India: ACM.
Zurück zum Zitat Manchanda, P., J.P. Dube, K.Y. Goy, and P. Chintagunta. 2006. The effect of banner advertising on internet purchasing. Journal of Marketing Research 43 (1): 98–108.CrossRef Manchanda, P., J.P. Dube, K.Y. Goy, and P. Chintagunta. 2006. The effect of banner advertising on internet purchasing. Journal of Marketing Research 43 (1): 98–108.CrossRef
Zurück zum Zitat Narayanan, S., and K. Kalyanam. 2015. Position effects in search advertising and their moderators: A regression discontinuity approach. Marketing Science 34 (3): 388–407.CrossRef Narayanan, S., and K. Kalyanam. 2015. Position effects in search advertising and their moderators: A regression discontinuity approach. Marketing Science 34 (3): 388–407.CrossRef
Zurück zum Zitat Nerlove, N., and K. Arrow. 1962. Optimal advertising policy under dynamic conditions. Economica 29 (114): 129–142.CrossRef Nerlove, N., and K. Arrow. 1962. Optimal advertising policy under dynamic conditions. Economica 29 (114): 129–142.CrossRef
Zurück zum Zitat Rutz, O.J., and R.E. Bucklin. 2011. From generic to branded: A model of spillover in paid search advertising. Journal of Marketing Research 48 (1): 87–102.CrossRef Rutz, O.J., and R.E. Bucklin. 2011. From generic to branded: A model of spillover in paid search advertising. Journal of Marketing Research 48 (1): 87–102.CrossRef
Zurück zum Zitat Rutz, O.J., and R.E. Bucklin. 2012. Does banner advertising affect browsing for brands? Clickstream model says yes, for some. Quantitative Marketing and Economics 10 (2): 231–257.CrossRef Rutz, O.J., and R.E. Bucklin. 2012. Does banner advertising affect browsing for brands? Clickstream model says yes, for some. Quantitative Marketing and Economics 10 (2): 231–257.CrossRef
Zurück zum Zitat Rutz, O., and R.E. Bucklin. 2013. Paid search advertising. In Advanced database marketing: Innovative methodologies & applications for managing customer relationships, ed. K. Coussement, K.W. De Bock and Scott A. Neslin, 229–243. Gower. Rutz, O., and R.E. Bucklin. 2013. Paid search advertising. In Advanced database marketing: Innovative methodologies & applications for managing customer relationships, ed. K. Coussement, K.W. De Bock and Scott A. Neslin, 229–243. Gower.
Zurück zum Zitat Rutz, O.J., and M. Trusov. 2011. Zooming in on paid search ads—an individual-level model calibrated on aggregated data. Marketing Science 30 (5): 789–800.CrossRef Rutz, O.J., and M. Trusov. 2011. Zooming in on paid search ads—an individual-level model calibrated on aggregated data. Marketing Science 30 (5): 789–800.CrossRef
Zurück zum Zitat Rutz, O.J., M. Trusov, and R.E. Bucklin. 2011. Modeling indirect effects of paid search advertising: which keywords lead to more future visits? Marketing Science 30 (4): 646–665.CrossRef Rutz, O.J., M. Trusov, and R.E. Bucklin. 2011. Modeling indirect effects of paid search advertising: which keywords lead to more future visits? Marketing Science 30 (4): 646–665.CrossRef
Zurück zum Zitat Rutz, O.J., R.E. Bucklin, and G.P. Sonnier. 2012. A latent instrumental variables approach to modeling keyword conversion in paid search advertising. Journal of Marketing Research 49 (3): 306–319.CrossRef Rutz, O.J., R.E. Bucklin, and G.P. Sonnier. 2012. A latent instrumental variables approach to modeling keyword conversion in paid search advertising. Journal of Marketing Research 49 (3): 306–319.CrossRef
Zurück zum Zitat Sahni, N. 2015. Effect of temporal spacing between advertising exposures: evidence from an online field experiment. Quantitative Marketing and Economics 13 (3): 203–247.CrossRef Sahni, N. 2015. Effect of temporal spacing between advertising exposures: evidence from an online field experiment. Quantitative Marketing and Economics 13 (3): 203–247.CrossRef
Zurück zum Zitat Simonov, A., C. Nosko, and J. Rao. 2015. Competition and Crowd-out for Brand Keywords in Sponsored Search, working paper, University of Chicago (Booth), September 30. Simonov, A., C. Nosko, and J. Rao. 2015. Competition and Crowd-out for Brand Keywords in Sponsored Search, working paper, University of Chicago (Booth), September 30.
Zurück zum Zitat Skiera, B., and N. Abou Nabout. 2013. Practice prize paper—PROSAD: A bidding decision support system for profit optimizing search engine advertising. Marketing Science 32 (2): 213–220.CrossRef Skiera, B., and N. Abou Nabout. 2013. Practice prize paper—PROSAD: A bidding decision support system for profit optimizing search engine advertising. Marketing Science 32 (2): 213–220.CrossRef
Zurück zum Zitat Yao, S., and C. Mela. 2009. Sponsored search auctions: Research opportunities in marketing. Foundations and Trends in Marketing 3 (2): 75–126.CrossRef Yao, S., and C. Mela. 2009. Sponsored search auctions: Research opportunities in marketing. Foundations and Trends in Marketing 3 (2): 75–126.CrossRef
Metadaten
Titel
Marketing Models for Internet Advertising
verfasst von
Randolph E. Bucklin
Paul R. Hoban
Copyright-Jahr
2017
DOI
https://doi.org/10.1007/978-3-319-56941-3_14

Premium Partner