The DOI matches its Crossref record; 32 of the 32 references it cites were found in a registry or an index.
Dynamically Managing a Profitable Email Marketing Program
Abstract
Although email marketing is highly profitable and widely used by marketers, it has received limited attention in the marketing literature. Extant research has focused on either customers’ email responses or the “average” effect of emails on purchases. In this article, the authors use data from a U.S. home improvement retailer to study customers’ email open and purchase behaviors by using a unified hidden Markov and copula framework. Contrary to conventional wisdom, the authors find that email-active customers are not necessarily active in purchases, and vice versa. Furthermore, the number of emails sent by the retailer has a nonlinear effect on both the retailer's short- and long-term profitability. Through a counterfactual study, the authors provide a decision support system to guide retailers in making optimal email contact decisions. This study shows that sending the right number of emails is vital for long-term profitability. For example, sending four (ten) emails instead of the optimal number of seven emails can cause the retailer to lose 32% (16%) of its lifetime profit per customer.
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Flagged first, then by citations
Research works printed but not linked: 3
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- Gumbel E.J., 1960, Publications de l'Institut de Statistique de l'Universite de Paris, 9, 171
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Metadata
- Authors
- Zhang, X. (., Kumar, V., & Cosguner, K.
- Affiliations
- University of Toledo (US)
- Indian School of Business (IN)
- Georgia State University (US)
- Corresponding author
- Zhang, Xi (Alan)
- Kumar, V.
- Cosguner, Koray
- Venue
- Journal of Marketing Research
- Publisher
- SAGE Publications
- Published
- 2017-12
- Volume
- 54
- Issue
- 6
- Pages
- 851-866
- ISSN
- 0022-2437 (ISSN-L)
- 1547-7193
- OpenAlex
- W2587032255
- Semantic Scholar
- 1e137fd9a6e30ffe27afb433daf2b83b513a342c
- Cited by
- 145
- References
- 32
- Citations by year
- 2026: 10 · 2025: 14 · 2024: 16 · 2023: 40 · 2022: 21 · 2021: 15 · 2020: 12 · 2019: 7 · 2018: 6 · 2017: 3
- FWCI
- 19.57
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Journal of Marketing Research (publishedVersion)
- Digital Eprints Services at ISB (DESI) (Indian School of Business) (submittedVersion)
- Topics
- Social Sciences › Business, Management and Accounting › Marketing › Digital Marketing and Social Media
- Social Sciences › Business, Management and Accounting › Marketing › Customer churn and segmentation
- Social Sciences › Business, Management and Accounting › Marketing › Consumer Market Behavior and Pricing
- Keywords
- email marketing, email open rates, purchase behavior, home improvement retail, hidden Markov models, copulas, counterfactual analysis, decision support system
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