Optimal investment and marketing strategies

Over the past decade, innovative technologies have resulted in an extensive growth of new services. Each new service requires a number of management and marketing decisions to be made well in advance of its launch and throughout its entire life cycle. This book develops mathematical models to facili...

Full description

Bibliographic Details
Main Author: Murynets, Ilona.
Corporate Author: World Scientific (Firm)
Format: Electronic
Language:English
Published: Singapore ; Hackensack, N.J. : World Scientific Pub. Co., c2012.
Series:Systems research series ; v. 2.
Subjects:
Online Access:View fulltext via EzAccess
LEADER 03398nam a2200361 a 4500
001 4257
003 WSP
005 20120223124807.0
006 m d
007 cr cuu|||uu|||
008 120223s2012 si a sb 001 0 eng d
020 # # |a 9789814383271 (electronic bk.) 
020 # # |z 9814383260 
020 # # |z 9789814383264 
040 # # |a WSPC  |b eng  |c WSPC 
082 0 4 |a 658.816  |2 22 
100 1 # |a Murynets, Ilona. 
245 1 0 |a Optimal investment and marketing strategies  |c Ilona Murynets.  |h [electronic resource] / 
260 # # |a Singapore ;  |a Hackensack, N.J. :  |b World Scientific Pub. Co.,  |c c2012. 
300 # # |a viii, 79 p. :  |b ill. (some col.) 
490 1 # |a Systems research series ;  |v v. 2 
504 # # |a Includes bibliographical references (p. 73-79) and index. 
505 0 # |a 1. Introduction. 1.1. Motivation. 1.2. Contribution. 1.3. Organization of the book -- 2. Literature review. 2.1. New service diffusion. 2.2. Service pricing in monopoly. 2.3. Service pricing in duopoly. 2.4. Optimal investment and pricing strategies for performance-based post-production service contracts -- 3. Migration of customers and targeting customers for marketing campaigns. 3.1. Overview. 3.2. Model. 3.3. Case study. 3.4. Practical implications and conclusions -- 4. Optimal service pricing (single-period model). 4.1. Overview. 4.2. Optimal pricing in monopoly (single-period model). 4.3. Optimal pricing in duopoly (single-period model) -- 5. Optimal New service pricing in monopoly (dynamic model). 5.1. Overview. 5.2. Model and optimal pricing strategy. 5.3. Numerical illustration. 5.4. Conclusions -- 6. Optimal new service pricing in duopoly (dynamic model). 6.1. Model. 6.2. Nash equilibrium. 6.3. Numerical examples. 6.4. Conclusions -- 7. Optimal investment and pricing strategies for post-production service contracts. 7.1. Overview. 7.2. Model. 7.3. Optimization. 7.4. Numerical example. 7.5. Conclusions -- 8. Conclusions. 
520 # # |a Over the past decade, innovative technologies have resulted in an extensive growth of new services. Each new service requires a number of management and marketing decisions to be made well in advance of its launch and throughout its entire life cycle. This book develops mathematical models to facilitate decision-making dealing with technologically innovative services. Specifically, it develops (i) models for optimal pricing strategies of subscription services on monopolistic and duopolistic markets; (ii) an analytical model for optimal investment and optimal pricing strategies for innovative maintenance service contracts; and (iii) a model for targeting customers in marketing campaigns. In addition, the models (i)-(iii) can also be used to forecast an aggregate demand for a new service as well as the service demand for each individual customer. 
533 # # |a Electronic reproduction.  |b Singapore :  |c World Scientific Publishing Co.,  |d 2012.  |n System requirements: Adobe Acrobat Reader.  |n Mode of access: World Wide Web.  |n Available to subscribing institutions. 
650 # 0 |a Pricing. 
650 # 0 |a Investments. 
655 # 0 |a Electronic books. 
710 2 # |a World Scientific (Firm) 
776 1 # |z 9814383260 
776 1 # |z 9789814383264 
830 # 0 |a Systems research series ;  |v v. 2. 
856 4 0 |z View fulltext via EzAccess  |u https://ezaccess.library.uitm.edu.my/login?url=http://www.worldscientific.com/worldscibooks/10.1142/8349#t=toc