JSM 2005 - Toronto

Abstract #303971

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Legend: = Applied Session, = Theme Session, = Presenter
Activity Number: 368
Type: Contributed
Date/Time: Wednesday, August 10, 2005 : 8:30 AM to 10:20 AM
Sponsor: Section on Statistics and Marketing
Abstract - #303971
Title: A Bayesian Approach to Linkage Research
Author(s): Shon Magnan*+ and Michael Conklin
Companies: GfK Custom Research, Inc. and GfK Custom Research, Inc.
Address: 8401 Golden Valley Rd, Minneapolis, MN, 55427, United States
Keywords: Hierarchical Bayes ; Linkage Research ; unit of analysis ; Employee Satisfaction ; Customer Satisfaction
Abstract:

Managed effectively, linking research provides organizational practitioners with a quantitative roadmap to influence employee and customer attitudes and ultimately bottom-line productivity and financial results. Not surprisingly, these benefits have prompted a number of organizations to attempt linking studies. It is not uncommon, however, to find that linking can pose a number of significant statistical problems. To achieve a one-to-one correspondence, researchers average or aggregate individual employee or customer attitudes up to the chosen unit of analysis. However, it can be difficult to achieve a sufficient number of units of analysis to perform the "linking." This study illustrates "linking" using an HB model. Data were collected for a national retailer from several sources. By using an HB approach, we were able to find significant relationships between our data sources. National brand strength was a significant predictor of buyer experience. Buyer experience and brand strength also impacted sales and traffic. However, ad spending had a negative impact, as ads seemed to drive high levels of traffic, making it difficult for employees to service customers.


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Revised March 2005