Scott Galloway has a book on where the US is currently. He provides a useful example of clear data-driven stories. A Famous Marketing Professor Galloway is a marketing professor and as such I am naturally supportive. It is great that he is famous and appears in the media so much. I’m all for it. We…
Category: Understanding Marketing
Random Forests and Machine Learning
Scott Hartshorn has some useful accessible advice on all things analytics. Today I’ll look at his advice on random forests and machine learning. Machine Learning He starts by giving us a clear intuitive, rather than a formal, view of what machine learning (ML) is. He says that at their heart a lot of different ML…
What Has Been Studied In Academic Sustainable Marketing Research?
It is (almost) always interesting to go back and discover what has been studied in the past. Academic journals in the marketing field have been with us for many generations so we have a large sample to look at. Brian Chabowski and colleagues in 2011 reviewed what had been studied in academic sustainable marketing research….
Explaining Clustering Simply Has Real Value
I was impressed by Annalyn Ng’s and Kenneth Soo’s short book Numsense. I have already discussed it in a prior post, see here. Today I will note how they discuss clustering. This is central to a lot of marketing analyses. Numsense Covers A Lot Of Basic Data Science The subtitle Data Science for the Layman…
The Matthew Effect: Who Gets Rewards
Today I’ll talk about a classic article. Robert Merton’s “The Matthew Effect In Science”. This is an important and useful idea. You can tell it is has been successful as it has gained its own Wikipedia page, here. The Matthew Effect There are many things in life where perceptions drive success. This is often true…
Branding For A Purpose
David Aaker’s The Future Of Purpose-Driven Branding is written by a true legend in the field of branding. What is more, his message is a good one. Branding for a purpose is on the up. It has a great future. The Two Jobs Of Purpose-Driven Branding Purpose-driven branding has a great future because branding expertise…
Market Research Lessons
Alex and Mike Sherman have a book of market research lessons. This is a nice little book of sensible ideas. I liked it and will highlight a few of the points that stood out for me. Aims Of The Research Should Impact What You Study This seems obvious, and it is really. Still, it is…
The Failure Of Science
Stuart Ritchie in Science Fictions looks at the failure of science. To be fair it is hard to argue with a lot of his points. Ritchie rightly points out that there is fraud but probably more common and alarming is bad practice. Scientists don’t mean to do anything too bad but lots of skimming here…
Ideology, Persuasion, And Going Green
A major challenge is persuading members of the public with very different worldviews to take actions aimed at the common good, such as recycling. An appeal that works for a conservative might not work on a liberal, and vice versa. What then do we know about ideology, persuasion, and going green? People Differ In What…
Sage Advice On Positioning
Kim Whitler, author of Positioning for Advantage, has had a fascinating career. This has taken her through senior marketing roles at some notable companies. She is now at Darden, the University of Virginia (my MBA alma mater). Her book brought back a lot of memories. She has managed to distill the spirit of academic advice,…