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When Does Retargeting Work? Information Specificity in Online Advertising

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TLDR
In this article, the authors use data from a field experiment conducted by an online travel firm to examine whether dynamic retargeted ads are more effective than simply showing generic brand ads.
Abstract
Firms can now offer personalized recommendations to consumers who return to their website, using consumers' previous browsing history on that website. In addition, online advertising has greatly improved in its use of external browsing data to target Internet ads. Dynamic retargeting integrates these two advances by using information from the browsing history on the firm's website to improve advertising content on external websites. When surfing the Internet, consumers who previously viewed products on the firm's website are shown ads with images of those same products. To examine whether this is more effective than simply showing generic brand ads, the authors use data from a field experiment conducted by an online travel firm. Surprisingly, the data suggest that dynamic retargeted ads are, on average, less effective than their generic equivalents. However, when consumers exhibit browsing behavior that suggests their product preferences have evolved (e.g., visiting review websites), dynamic retargeted ad...

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Citations
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Journal ArticleDOI

Putting Attribution to Work: A Graph-Based Framework for Attribution Modeling in Managerial Practice

TL;DR: A graph-based framework to analyze multichannel online customer path data as first- and higher-order Markov walks to indicate substantial differences to existing heuristics such as “last click wins” as well as alternative attribution approaches are introduced.
Journal ArticleDOI

The Role of Internet Marketing in the Development of Agricultural Industry: A Case Study of China

TL;DR: In this paper, the authors focus on 12 identified roles and evaluate the possibility of their success in the agricultural sector of China, and identify gaps and opportunities in the process of marketing their products to consumers.
Journal ArticleDOI

An Experimental Investigation of the Effects of Retargeted Advertising: The Role of Frequency and Timing

TL;DR: In collaboration with an online seller of home-improvement products, the authors conduct a large-scale randomized field experiment to study the effects of retargeted advertising, a form of internet advertising that targets specific consumers with a specific brand.
Journal ArticleDOI

No trespassing: exploring privacy boundaries in personalized advertisement and its effects on ad attitude and purchase intentions on social media

TL;DR: It is found that personalized ads based on internal data source, perceived personification and co-ownership of Facebook are positively related to perceived privacy, which leads to better ad attitude and higher purchase intentions.
Book ChapterDOI

Field Experiments in Marketing

TL;DR: The requirements to publish a field experiment paper in the marketing literature are reviewed and topics that remain relatively understudied are identified, including several papers that use field experiments to provide model-free validation of optimization models.
References
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Book ChapterDOI

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Journal ArticleDOI

Amazon's Mechanical Turk A New Source of Inexpensive, Yet High-Quality, Data?

TL;DR: Findings indicate that MTurk can be used to obtain high-quality data inexpensively and rapidly and the data obtained are at least as reliable as those obtained via traditional methods.
Journal ArticleDOI

Interaction terms in logit and probit models

TL;DR: In this article, the authors present the correct way to estimate the magnitude and standard errors of the interaction effect in nonlinear models, which is the same way as in this paper.
Journal Article

Industry Report: Amazon.com Recommendations: Item-to-Item Collaborative Filtering.

TL;DR: This work compares three common approaches to solving the recommendation problem: traditional collaborative filtering, cluster models, and search-based methods, and their algorithm, which is called item-to-item collaborative filtering.
Journal ArticleDOI

Marketing in Hypermedia Computer-Mediated Environments: Conceptual Foundations

TL;DR: The authors address the role of marketing in hypermedia computer-mediated environments by considering hypermedia CMEs to be large-scale (i.e., national or global) networked enviro...
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