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Sequencing the genome of the customer mind by RDE and intervention testing
Moskowitz, Howard R. ; Gofman, Alex ; Lieberman, Linda Ettinger ; Ray, Ipshita
Moskowitz, Howard R.
Gofman, Alex
Lieberman, Linda Ettinger
Ray, Ipshita
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n10574.pdf
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Abstract
This paper presents a new approach to 1:1 marketing allowing for the creation of individual communications with heterogeneous customers. It utilizes Rule Developing Experimentation (RDE, a modified conjoint analysis-based approach) to create a database of messages specific to the product and to segment consumers based on the patterns of individual utilities assigned to the different test elements. The paper introduces a new approach to identify a small subset of classification messages that allows for an actionable and parsimonious classification of any new population into pattern-based segments to achieve better targeting. When this approach is used with a connected set of products, and a large number of foundational studies run, the result is the possibility of sequencing the ‘genome of the mind’
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2011-01
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With permission of the license/copyright holder