Article 1 Flashcards
What is “Assessing Performance Outcomes in Marketing” about?
There has been little conceptual development and no systematic examination of how researchers in marketing should conceptualize and measure the performance outcomes associated with firms’ marketing.
What falls under “Operational Performance” according to Katsikeas et al.?
Customer Mindset, Customer Behavior, Product-Market Performance, and Customer-Level Performance
What is an example of a metric for “Customer Mindset”, from Katsikeas et al.?
brand equity, perceived quality, satisfaction, or attitudinal loyalty
What is an example of a metric for “Customer Behavior”, from Katsikeas et al.?
Acquisition, retention, or WOM
What is an example of a metric for “Product-Market Performance”, from Katsikeas et al.?
Unit sales, revenue premium, market share, or new product success
What is an example of a metric for “Customer-Level Performance”, from Katsikeas et al.?
Share of wallet, profitability, lifetime value
What falls under “Organisational Performance” according to Katsikeas et al.?
Accounting performance & Financial-Market Performance
What is an example of a metric for “Accounting Performance”, from Katsikeas et al.?
Sales revenue, revenue growth, cost, profit, margin, cash flow, leverage
What is an example of a metric for “Financial-Market Performance”, from Katsikeas et al.?
Investor returns, equity risk, credit rating, or cost of capital
What are the key managerial implications of Katsikeas et al.?
- Use at least one metric in each of the six performance categories
- Pay attention to causal relationships between these aspects, and realize some may be negative