New-product Diffusion Models by Vijay Mahajan & Eitan Muller & Yoram Wind

New-product Diffusion Models This book aims to distill, synthesize, and integrate current thinking on the theory and practice of new product diffusion models. The assessment includes contributions by individuals who have been at the forefront of developing and applying these models in industry.

Product sales, especially for new products, are influenced by many factors. These factors are both internal and external to the selling organization, and are both controllable and uncontrollable. Due to the enormous complexity of such factors, it is not surprising that product failure rates are relatively high. Indeed, new product failure rates have variously been reported as between 40 and 90 percent. Despite this multitude of factors, marketing researchers have not been deterred from developing and designing techniques to predict or explain the levels of new product sales over time. The proliferation of the Internet, the necessity or developing a road map to plan the launch and exit times of various generations of a product, and the shortening of product life cycles are challenging firms to investigate market penetration, or innovation diffusion, models. These models not only provide information on new product sales over time but also provide insight on the speed with which a new product is being accepted by various buying groups, such as those identified as innovators, early adopters, early majority, late majority, and laggards. This book aims to distill, synthesize, and integrate current thinking on the theory and practice of new product diffusion models. The assessment includes contributions by individuals who have been at the forefront of developing and applying these models in industry. The book's twelve chapters are written by a combined total of thirty-two experts who together represent twenty-five different universities and other organizations in Australia, Europe, Hong Kong, Israel, and the United States. The book should be useful for researchers and students in marketing and technological forecasting, as well as those in other allied disciplines who study relevant aspects of innovation diffusion. Practitioners in high-tech and consumer durable industries should also gain new insights from "New Product Diffusion Models". The book is divided into five parts and a case on high-definition television is included to illustrate the various features of the software. Among the book's many highlights are chapters addressing the implications posed by the Internet, globalization, and production policies upon diffusion analysis.
Author(s) : Format : Hardback Book
ISBN-10 : 0792377516 ISBN-13 : 9780792377511
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Product Details:

Series Title : International Series in Quantitative Marketing

Country Publication : Netherlands

Publication Date : 01/09/2000

Publisher : Kluwer Academic Publishers Group

Page Length : 376mm

Page Size : 234mm