P. K. Kannan is the Dean's Chair in Marketing Science at the Robert H. Smith School of Business at the University of Maryland. His main research focus is on marketing modeling, applying statistical and econometric methods to marketing data. His current research stream focuses on attribution modeling, media mix modeling, new product/service development and customer relationship management (CRM).
SMITH BRAIN TRUST – COVID-19 arrived in what was already being called a “retail apocalypse,” and the cumulative effect has been daunting. It's also instructive, as providing online options for shopping and fulfillment remains a pillar of sustainability for conventional retailers, notes Maryland Smith’s P.K. Kannan.
Sometimes the foods you buy are marketed to be healthy, with images of wholesome-looking farm-fresh ingredients right on the package, but then you read the nutritional table, in small print on the side of the box, and it tells a different story.
What would happen if those nutritional labels were required to be right there on the front of the package?
P. K. Kannan, Dean's Chair in Marketing Science, will briefly introduce how consumer behavior has changed during the pandemic and what the implications are for marketing strategies in the short term and the longer term.
SMITH BRAIN TRUST – When staying home was the only option during the coronavirus pandemic, people turned to the internet to get their fix of entertainment and interaction. For brands, this became their chance to join the conversation.
“Everyone is Online: Reaching your Global Customer Through Digital Marketing” was the second webinar in an ongoing series from the Maryland Partners in International Trade (MAPIT), Alliance, a partnership of the Maryland Smith Center for Global Business, Maryland-D.C. District Export Council, the Office of International Investment and Trade at the Maryland Department of Commerce, and the U.S. Export Assistance Center in Baltimore.
SMITH BRAIN TRUST – We thought we witnessed the demise of QR codes, but it looks like they were written off too soon.
SMITH BRAIN TRUST – NBCUniversal isn’t worried about ruffling a few feathers. In fact, it’s hoping to.
The company, a subsidiary of Comcast Corp., is set to launch its Peacock streaming service this summer, and recently announced a multitiered pricing strategy that includes free and subscription options, as it looks to undercut rivals and set its offering apart in an increasingly crowded field.
SMITH BRAIN TRUST – For the first time in more than a year, Xiaomi Corp. saw its shares jump as it launched this week in China a 5G smartphone “for the masses.” With its release of Redmi K30 5G, Xiaomi, the world’s fourth-largest smartphone maker, has fueled hopes to regain ground in the mainland-China market against such rivals as Huawei and Apple.
Prices for the Redmi K30 5G start at 1,999 yuan ($284).
SMITH BRAIN TRUST – Artificial intelligence is transforming and disrupting industries. And advertising is no exception.
Today’s smart marketing professionals are embracing the disruption, using the power of AI to create authentic, customized messages for each consumer.
SMITH BRAIN TRUST – “Infuriating” was how one Maryland Smith professor described the Forbes list of “America’s Most Innovative Leaders.”
