Innovations in Shopper Marketing: Current Insights and Future Research Issues |
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Authors: | Venkatesh Shankar J Jeffrey Inman Murali Mantrala Eileen Kelley Ross Rizley |
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Institution: | 1. Mays Business School, Texas A&M University, United States;2. Katz School of Business, University of Pittsburgh, United States;3. Trulaske College of Business, University of Missouri, Columbia, United States;4. Integer Group, United States;5. Marketing Science Institute, United States |
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Abstract: | Shopper marketing refers to the planning and execution of all marketing activities that influence a shopper along, and beyond, the entire path-to-purchase, from the point at which the motivation to shop first emerges through to purchase, consumption, repurchase, and recommendation. The goal of shopper marketing is to enable a win–win–win solution for the shopper–retailer–manufacturer. Shopper marketing has emerged as a key managerial practice among manufacturers and retailers, who are eagerly embracing innovations in the different aspects of shopper marketing. We review current and potential innovations in shopper marketing. We identify the managerial challenges to achieving new win–win–win solutions among shoppers, manufacturers, and retailers in shopper marketing and outline future scenarios and research issues related to these challenges. |
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