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Reviewing the SmartPLS 4 software: the latest features and enhancements 回顾 SmartPLS 4 软件:最新功能和增强功能
IF 3 Q2 BUSINESS Pub Date : 2023-12-08 DOI: 10.1057/s41270-023-00266-y
Jun-Hwa Cheah (Jacky), Francesca Magno, Fabio Cassia

Partial least squares structural equation modeling (PLS-SEM) is a highly popular multivariate data analysis method. The SmartPLS 3 software program helped many marketing researchers analyze the complex relationships between latent variables (i.e., mediation, moderation, etc.), which they measured by means of sets of observed variables. This program’s intuitive graphical user interface and various features, such as new metrics (e.g., HTMT, model fit indexes), advanced techniques (multigroup analysis, PLSpredict), and complementary techniques (e.g., confirmatory tetrad analysis, importance-performance map analysis), which impacted many business disciplines. SmartPLS 4 represents a significant leap forward in development with its completely revamped graphical user interface, faster processing speed for data estimation, and new model assessment features (i.e., cross-validated predictive ability test, endogeneity assessment, and a necessary condition analysis). This paper reviews SmartPLS 4 and discusses its various features, thereby providing researchers with concrete guidance that fits their analytical research goals.

偏最小二乘结构方程模型(PLS-SEM)是一种非常流行的多元数据分析方法。SmartPLS 3 软件程序帮助许多营销研究人员分析了潜变量(即中介、调节等)之间的复杂关系,他们通过一组观察变量来衡量这些关系。该程序直观的图形用户界面和各种功能,如新指标(如 HTMT、模型拟合指数)、高级技术(多组分析、PLSpredict)和补充技术(如确证四分法分析、重要性-绩效图分析),对许多商业学科产生了影响。SmartPLS 4 的图形用户界面经过全面改造,数据估算处理速度更快,并具有新的模型评估功能(即交叉验证预测能力测试、内生性评估和必要条件分析),是一次重大飞跃。本文回顾了 SmartPLS 4 并讨论了其各种功能,从而为研究人员提供符合其分析研究目标的具体指导。
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引用次数: 0
Selection is superior to scale: determining brand loyalty highly correlated to market share 选择优于规模:决定品牌忠诚度与市场占有率高度相关
IF 3 Q2 BUSINESS Pub Date : 2023-12-02 DOI: 10.1057/s41270-023-00270-2
Takumi Kato, Nobu Takenaka, Rie Ito, Kazuki Nishiguchi

Despite the extensive research on loyalty, academic discussions on simple and effective loyalty indices are surprisingly scarce. One of the few suggestions for loyalty indices is the net promoter score (NPS). Approximately two-thirds of Fortune 1000 companies currently use this index due to its overwhelming simplicity. However, scholars have criticized NPS for being inferior to other loyalty indices. Accordingly, scholars have mainly used Likert scales that cannot compare products/services using a single question and are subject to a response bias due to cultural differences. To fill this gap, we address the following four main criticisms of NPS: First, its advantages over the Likert scale of preferences and recommendation and purchase intentions are unproven; second, it cannot compare a competing product or service using a single question; third, its threshold setting is subjective; and fourth, it suffers from a cultural response bias tendency. This study asks the following research question: “Is brand selection superior to Likert scales in explaining sales performance?” To form a generalized conclusion, we examine 100 brands selected from 20 industries in the US market. The results of randomized controlled trials prove the superiority of selection over scale. Thus, brand selection should be emphasized to measure brand loyalty.

尽管对忠诚的研究非常广泛,但关于简单有效的忠诚指标的学术讨论却少之又少。忠诚度指数中为数不多的建议之一是净推荐值(NPS)。由于该指数非常简单,目前约有三分之二的财富1000强公司使用该指数。但是,学者们批评说,国民年金指数不如其他忠诚指数。因此,学者们主要使用李克特量表,该量表不能使用单一问题来比较产品/服务,并且由于文化差异而存在反应偏差。为了填补这一空白,我们解决了对NPS的以下四个主要批评:首先,它相对于李克特偏好、推荐和购买意愿的优势尚未得到证实;其次,它不能用一个问题来比较竞争产品或服务;其三,其门槛设置具有主观性;第四,存在文化反应偏差倾向。本研究提出以下研究问题:“品牌选择在解释销售绩效方面是否优于李克特量表?”为了得出一个概括的结论,我们从美国市场的20个行业中挑选了100个品牌。随机对照试验的结果证明了选择优于规模。因此,应该强调品牌选择来衡量品牌忠诚度。
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引用次数: 0
Predicting customer churn using machine learning: A case study in the software industry 使用机器学习预测客户流失:软件行业的案例研究
IF 3 Q2 BUSINESS Pub Date : 2023-12-02 DOI: 10.1057/s41270-023-00269-9
João Rolim Dias, Nuno Antonio

Customer churn can be defined as the phenomenon of customers who discontinue their relationship with a company. This problem is transversal to many industries, including the software industry. This study uses Machine Learning to build a predictive model to identify potential churners in a Portuguese software house. Six popular Machine Learning models: Random Forest, AdaBoost, Gradient Boosting Machine, Multilayer Perceptron Classifier, XGBoost, and Logistic Regression, were developed to assess which one would have a better performance. The experimental results show that boosting techniques such as XGBoost present the best predictive performance. The XGBoost model presents a Recall of 0.85 and a ROC AUC of 0.86. Additionally to the model performance, the study of the model's feature importance revealed that some factors, such as the time to solve a support ticket, the type of application, the license age, and the number of incidents, significantly influence customer churn. These insights can help the software industry key drivers of churn and prioritize retention efforts accordingly.

客户流失可以定义为客户终止与公司关系的现象。这个问题对许多行业都是横向的,包括软件行业。本研究使用机器学习建立一个预测模型,以识别葡萄牙软件公司的潜在流失。开发了六种流行的机器学习模型:随机森林,AdaBoost,梯度增强机,多层感知器分类器,XGBoost和逻辑回归,以评估哪一种模型具有更好的性能。实验结果表明,XGBoost等增强技术具有最佳的预测性能。XGBoost模型的召回率为0.85,ROC AUC为0.86。除了模型性能之外,对模型特征重要性的研究表明,一些因素,如解决支持票据的时间,应用程序的类型,许可年龄和事件数量,显着影响客户流失。这些见解可以帮助软件行业的关键驱动因素,并相应地优先考虑保留工作。
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引用次数: 0
The impact of perceived social media interactivity on brand trust. The mediating role of perceived social media agility and the moderating role of brand value 感知到的社交媒体互动性对品牌信任的影响。感知社交媒体敏捷性的中介作用和品牌价值的调节作用
IF 3 Q2 BUSINESS Pub Date : 2023-11-30 DOI: 10.1057/s41270-023-00268-w
Sıddık Bozkurt, David Gligor, Serhat Ozer, Serap Sarp, Rajesh Srivastava
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引用次数: 0
How do line extensions impact brand sales? The role of feature similarity and brand architecture 产品线延伸如何影响品牌销售?特征相似性和品牌架构的作用
IF 3 Q2 BUSINESS Pub Date : 2023-11-27 DOI: 10.1057/s41270-023-00265-z
B. Sezen, Koen Pauwels, Berk Ataman
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引用次数: 0
The role of cognitive processes in healthy consumption food products: An eye-tracking technology study 认知过程在健康消费食品中的作用:一项眼动追踪技术研究
IF 3 Q2 BUSINESS Pub Date : 2023-11-24 DOI: 10.1057/s41270-023-00261-3
Diana Escandon-Barbosa, Jairo Salas-Paramo, María Patricia López-Ramírez, Alexandra Pava-Cárdenas

This research investigates consumer behavior when selecting snacks and beverages from vending machines in educational settings. The study aims to discern the impact of age on decision-making processes, perceptions, and memory factors related to product choices. Three experiments involved eye-tracking technology to monitor visual attention and a questionnaire to gather additional insights. The experiments analyzed the number of fixations, perceptions, overall product impressions, and memory influence. The sample comprised 90 adults aged 18 to 65 from the Pontificia Universidad Javeriana Cali. This sample includes a population distribution of 60% women and 40% men. Additionally, the socioeconomic distribution across economic levels was reported as follows: 40% falling within levels 1, 2, and 3, and 10% within levels 4, 5, and 6. The experiments revealed age-related differences in consumer behavior. Older individuals placed greater emphasis on healthier beverages, whereas young-adult individuals favored healthier snacks. Perception differences existed between age groups for beverages and snacks. Young-adult participants exhibited stronger positive perceptions of somewhat healthy options. Memory influenced choices, with young-adult participants relying more on memory cues. The findings provide valuable insights for tailoring marketing strategies and enhancing public policy initiatives to promote healthier vending machine choices.

本研究调查了消费者在教育场所的自动售货机上选择零食和饮料时的行为。该研究旨在辨别年龄对决策过程的影响,感知,以及与产品选择相关的记忆因素。三个实验涉及眼球追踪技术来监测视觉注意力,以及一份问卷来收集更多的见解。实验分析了注视、感知、整体产品印象和记忆影响的数量。该样本包括90名年龄在18岁至65岁之间的成年人,他们来自加州的圣座大学。该样本包括60%女性和40%男性的人口分布。此外,各经济水平的社会经济分布报告如下:40%落在第1、2和3个水平,10%落在第4、5和6个水平。实验揭示了与年龄相关的消费者行为差异。老年人更注重健康的饮料,而年轻人更喜欢健康的零食。不同年龄组对饮料和零食的认知存在差异。年轻人对健康的选择表现出更强的积极看法。记忆影响了选择,年轻的成年参与者更依赖于记忆线索。研究结果为制定营销策略和加强公共政策举措提供了有价值的见解,以促进更健康的自动售货机选择。
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引用次数: 0
A bibliometric analysis of virtual influencers in the Web of Science 科学网络中虚拟影响者的文献计量学分析
IF 3 Q2 BUSINESS Pub Date : 2023-11-18 DOI: 10.1057/s41270-023-00262-2
Natalia Vila-López, Ines Kuster-Boluda, Elisabet Mora-Pérez, Isabel Pascual-Riquelme

The role of virtual influencers has risen in popularity. However, the revisions on this are scarce and incomplete. In this framework, two main objectives guide this work: (i) to carry on a performance analysis to measure the visibility/impact of the scientific production on virtual influencers’ marketing (most cited authors, journals, and themes) and (ii) to visually present the scientific structure by topics of research in virtual influencers marketing as well as its evolution along time. A final set of 1740 papers about virtual influencer marketing was retrieved from the ISIWeb of Science (from 1997 to 2021). Three different periods of time were identified (i) from 1997 to 2012 (649 papers), (ii) from 2013 to 2016 (540 papers), and (iii) from 2017 to 2021 (514 papers). Our results have identified seven promising future research lines on this topic, highlighting the role of tourism and sports celebrities.

虚拟网红的角色越来越受欢迎。然而,这方面的修订是稀缺和不完整的。在这个框架中,指导这项工作的两个主要目标是:(i)进行绩效分析,以衡量科学成果对虚拟网红营销(被引用最多的作者、期刊和主题)的可见性/影响;(ii)通过虚拟网红营销的研究主题直观地呈现科学结构及其随时间的演变。最后一组1740篇关于虚拟网红营销的论文从ISIWeb of Science检索(从1997年到2021年)。确定了三个不同的时间段(i)从1997年到2012年(649篇论文),(ii)从2013年到2016年(540篇论文),(iii)从2017年到2021年(514篇论文)。我们的研究结果确定了关于这一主题的七个有希望的未来研究方向,突出了旅游和体育名人的作用。
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引用次数: 0
When does word of mouth versus marketing drive brand performance most? 口碑营销与市场营销在什么时候最能推动品牌表现?
Q2 BUSINESS Pub Date : 2023-11-10 DOI: 10.1057/s41270-023-00267-x
S. Cem Bahadir, Koen Pauwels
Abstract Emerging markets present opportunities to brand managers who understand the drivers of word of mouth (WOM). What motivates consumers to share positive WOM (PWOM) about brands? Is it their perception of its product attributes, perception of its advertising, or the receipt of WOM from others? In this study, we explore the effects of received WOM (RWOM) and marketing mix and brand perception variables on the transmission of WOM for shampoo products in India and Thailand and contrast them with the mature market of Japan. Vector autoregressive models show that the impact of the studied variables on WOM transmission depends on brand performance stability and consumer involvement with the product category. The marketing mix has a greater impact on WOM transmission than RWOM across the countries for growing (vs. declining) brands. The impact of RWOM on the transmission of PWOM is greater for high- than low-involvement consumers. The difference in the impact of RWOM on the transmission of PWOM depends on the stability of brand performance. Managers should thus consider brand performance stability and consumer involvement versus the marketing mix when trying to stimulate WOM.
新兴市场为了解口碑驱动因素的品牌经理提供了机会。是什么促使消费者分享品牌的正面口碑?是他们对其产品属性的认知,对其广告的认知,还是从他人那里获得的口碑?在本研究中,我们探讨了收到口碑(r口碑)、营销组合和品牌感知变量对印度和泰国洗发水产品口碑传播的影响,并与成熟市场日本进行了对比。向量自回归模型表明,所研究的变量对口碑传播的影响取决于品牌性能稳定性和消费者对产品类别的参与。对于成长型(与衰退型)品牌而言,营销组合对口碑传播的影响要大于r口碑在各个国家的传播。RWOM对PWOM传播的影响在高参与消费者中比在低参与消费者中更大。RWOM对PWOM传播影响的差异取决于品牌业绩的稳定性。因此,在试图刺激口碑时,管理者应该考虑品牌绩效稳定性和消费者参与度,而不是营销组合。
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引用次数: 0
Does culture matter? Corporate reputation and sustainable satisfaction in the Chinese and German banking sector 文化重要吗?中国和德国银行业的企业声誉和持续满意度
Q2 BUSINESS Pub Date : 2023-11-04 DOI: 10.1057/s41270-023-00259-x
Svenja Damberg, Yide Liu, Christian M. Ringle
Abstract Corporate reputation is important for all types of banks across the world, despite these countries differing culturally. Building on an extended corporate reputation model, we identify the key drivers of customer-based reputation and sustainable customer satisfaction in two culturally different countries, namely China and Germany. We also consider two reputation dimensions—perceived competence and likeability—and their effects on the target construct. Empirical data from 625 German and 734 Chinese commercial bank customers allow us to estimate the corporate reputation model with the partial least squares structural equation modeling (PLS-SEM) method, and by substantiating the relationships by means of a necessary condition analysis (NCA) and a predictive power analysis. By comparing the two countries’ results, we identify their cultural differences. Overall, we confirm the model’s relevance for the two cultures, finding that banks’ perceived attractiveness is the most important driver of both cultures’ customer-perceived bank reputation. By means of an importance-performance map analysis, we identify a large overlap between the two cultures’ set of important constructs, likeability’s much greater importance in Germany, and the perceived quality construct’s relevance in both countries. We contribute to research and scientific knowledge about corporate reputation models by identifying the similarities in and differences between two countries’ markets with respect to the banking sector, all of which have implications for international banks’ management.
企业声誉对世界各地所有类型的银行都很重要,尽管这些国家的文化不同。在扩展的企业声誉模型的基础上,我们确定了两个文化不同的国家,即中国和德国,以客户为基础的声誉和可持续的客户满意度的关键驱动因素。我们还考虑了两个声誉维度——感知能力和喜爱度——以及它们对目标构念的影响。来自625家德国商业银行客户和734家中国商业银行客户的实证数据允许我们使用偏最小二乘结构方程模型(PLS-SEM)方法,并通过必要条件分析(NCA)和预测能力分析来证实关系,来估计企业声誉模型。通过比较两国的结果,我们发现了他们的文化差异。总体而言,我们证实了该模型与两种文化的相关性,发现银行的感知吸引力是两种文化中客户感知银行声誉的最重要驱动因素。通过重要性-绩效图分析,我们发现两种文化的重要构式之间存在很大的重叠,在德国,受欢迎度的重要性要大得多,而在两国,感知质量构式的相关性都很高。我们通过识别两国市场在银行业方面的异同,为企业声誉模型的研究和科学知识做出贡献,所有这些都对国际银行的管理产生影响。
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引用次数: 0
Marketing analytics with RStudio: a software review 使用RStudio进行市场分析:软件回顾
Q2 BUSINESS Pub Date : 2023-11-03 DOI: 10.1057/s41270-023-00264-0
David Dege, Philipp Brüggemann
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引用次数: 0
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Journal of Marketing Analytics
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