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Riding The Saddle : How Cross-Market Communications Can Create A Major Slump in Sales
Oleh:
Goldenberg, Jacob
;
Muller, Eltan
;
Libai, Barak
Jenis:
Article from Journal - ilmiah internasional
Dalam koleksi:
Journal of Marketing (EBSCO) vol. 66 no. 2 (2002)
,
page 1-16.
Topik:
market
;
saddler
;
cross - market communications
;
major slump
;
sales
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ94.3
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Using data on a large number of innovative products in the consumer electronics industry, the authors find that between one - third and one - half of the sales cases involved the following pattern: an initial peak, then a trough of sufficient depth and duration to exclude random fluctuations, and eventually sales levels that exceeded the initial peak. This newly identified pattern, which the authors call a "saddle," is explained by the dual - market phenomenon that differentiates between early market adopters and main market adopters as two separate markets. If these two segments - the early market and the main market - adopt at different rates, and if this difference is pronounced, then the overall sales to the two markets will exhibit a temporary decline at the intermediate stage. The authors employ both empirical analysis and cellular automata, an individual - level, complex system modeling technique for generating and analyzing data, to investigate the conditions under which a saddle occurs. The model highlights the importance of cross-market communication in determining the existence of a saddle. At low levels of this parameter, more than 50 % of the cases of new product growth involved a saddle. This percentage gradually decreased as the parameter increased, and at values close to the within - market parameters, the proportion of saddle occurrences dropped below 5 %.
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