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Multi-Product Dynamic Advertisement Planning in a Segmented Market
Yugoslav journal of operations research, Tome 27 (2017) no. 2, p. 169 Cet article a éte moissonné depuis la source eLibrary of Mathematical Institute of the Serbian Academy of Sciences and Arts

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In this paper, a dynamic multi-objective linear integer programming model is proposed to optimally distribute a firm’s advertising budget among multiple products and media in a segmented market. To make the media plan responsive to the changes in the market, the distribution is carried out dynamically by dividing the planning horizon into smaller periods. The model incorporates the effect of the previous period advertising reach on the current period (taken through retention factor), and it also considers cross- product effect of simultaneously advertising different products. An application of the model is presented for an insurance firm that markets five different products, using goal programming approach.
Classification : 90B60, 90C10, 90C29
Keywords: Media Planning, Segmented Market, Multiple Products, Cross-Product Effect, Retention Factor, Dynamic Model 
@article{YJOR_2017_27_2_a2,
     author = {Sugandha Aggarwal and Anshu Gupta and Arshia Kaul and Mohan Krishnamoorthy and P.C. Jha},
     title = {Multi-Product {Dynamic} {Advertisement} {Planning} in a {Segmented} {Market}},
     journal = {Yugoslav journal of operations research},
     pages = {169 },
     year = {2017},
     volume = {27},
     number = {2},
     language = {en},
     url = {http://geodesic.mathdoc.fr/item/YJOR_2017_27_2_a2/}
}
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Sugandha Aggarwal; Anshu Gupta; Arshia Kaul; Mohan Krishnamoorthy; P.C. Jha. Multi-Product Dynamic Advertisement Planning in a Segmented Market. Yugoslav journal of operations research, Tome 27 (2017) no. 2, p. 169 . http://geodesic.mathdoc.fr/item/YJOR_2017_27_2_a2/