agent based modeling and marketsim

7
Growing business through strategic understanding of consumer response 1

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Agent-based modeling and marketSim can help brands and marketers build strategic and tactical marketing plans to drive more revenue, profit, brand and share.

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Page 1: Agent based modeling and MarketSim

1

Growing business through strategic understanding of

consumer response

Page 2: Agent based modeling and MarketSim

2

Strategic & tactical marketing decision-

making mustfocus on

howconsumers

make purchase decisions

Page 3: Agent based modeling and MarketSim

3

Purchase

Inertia

Purchase Intent

Brand perception

Drivers of consumer purchase behavior

Page 4: Agent based modeling and MarketSim

4

Purchase

Inertia

Purchase Intent

Brand perception

Drivers of consumer purchase behavior

Products

Pricing

Media

Store

Shopping

Competitors

Social

External factors

Page 5: Agent based modeling and MarketSim

5

Consumers

Competitors

External Influences

Short v Long term

Analysis

Data

Budget

Many dimensions of marketing decision-making

?

Page 6: Agent based modeling and MarketSim

6

Launch new productsBuild strategic marketing plansImprove mix and flighting

Product P

rice

Place

Promotion

Deliver more revenue, profit, brand & share

MIX

Page 7: Agent based modeling and MarketSim

7

• Drive long term strategic change in marketing decision-making methods

• Provide training to over 2,000 senior marketers, globally

• Build consumer centric software (MarketSim)

North America

Russia

Malaysia

Hong Kong

Vietnam

Kenya

Strategic decision-making support Global experience

Sri Lanka

Singapore

Japan

Morocco

Indonesia

Tanzania

ProRelevant

+1 404-816-4344, Atlanta, USA

+65 9185-6443, Singapore

www.ProRelevant.com