Customized Advertising via a Common Media Distributor
Marketing Science
The Long Tail: Why the Future of Business Is Selling Less of More
The Long Tail: Why the Future of Business Is Selling Less of More
Marketing Science
Proceedings of the 2nd International Workshop on Data Mining and Audience Intelligence for Advertising
The Race for Sponsored Links: Bidding Patterns for Search Advertising
Marketing Science
Online Display Advertising: Targeting and Obtrusiveness
Marketing Science
Online Display Advertising: Targeting and Obtrusiveness
Marketing Science
A Dynamic Model of Sponsored Search Advertising
Marketing Science
A “Position Paradox” in Sponsored Search Auctions
Marketing Science
Cyclical Bid Adjustments in Search-Engine Advertising
Management Science
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We explore substitution patterns across advertising platforms. Using data on the advertising prices paid by lawyers for 139 Google search terms in 195 locations, we exploit a natural experiment in “ambulance-chaser” regulations across states. When lawyers cannot contact clients by mail, advertising prices per click for search engine advertisements are 5%--7% higher. Therefore, online advertising substitutes for offline advertising. This substitution toward online advertising is strongest in markets with fewer customers, suggesting that the relationship between the online and offline media is mediated by the marketers' need to target their communications. This paper was accepted by Pradeep Chintagunta, marketing.