The Marketing Architects

Nerd Alert: The Dirichlet Effect: Predicting Brand Loyalty


Listen Later

Welcome to Nerd Alert, a series of special episodes bridging the gap between marketing academia and practitioners. We're breaking down highly involved, complex research into plain language and takeaways any marketer can use.

In this episode, Elena and Rob explore how the Dirichlet model challenges common beliefs about brand loyalty. They reveal why most consumers aren't deeply loyal to specific brands and why reaching new customers matters more than increasing loyalty.

Topics covered: 
  • [01:00] "The Dirichlet: A Comprehensive Model of Buying Behavior"
  • [02:00] What products do we buy without brand loyalty?
  • [03:45] How brand share predicts buying behavior
  • [04:30] Why acquisition drives loyalty, not vice versa
  • [05:00] Most buyers are light buyers who purchase infrequently
  • [06:00] The shocking truth about Coca-Cola's customer base 


 





To learn more, visit marketingarchitects.com/podcast or subscribe to our newsletter at marketingarchitects.com/newsletter.


Resources: 
Goodhardt, G. J., Ehrenberg, A. S. C., & Chatfield, C. (1984). The Dirichlet: A comprehensive model of buying behaviour.Journal of the Royal Statistical Society: Series A (General), 147(5), 621–655. 


Get more research-backed marketing strategies by subscribing to The Marketing Architects on Apple Podcasts, Spotify, or wherever you listen to podcasts.
...more
View all episodesView all episodes
Download on the App Store

The Marketing ArchitectsBy Marketing Architects

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

42 ratings


More shows like The Marketing Architects

View all
The Learning Leader Show With Ryan Hawk by Ryan Hawk

The Learning Leader Show With Ryan Hawk

1,326 Listeners

Social Media Marketing Podcast by Michael Stelzner, Social Media Examiner

Social Media Marketing Podcast

1,444 Listeners

The StoryBrand Podcast by StoryBrand.com

The StoryBrand Podcast

1,935 Listeners

Marketing School - Digital Marketing and Online Marketing Tips by Eric Siu and Neil Patel

Marketing School - Digital Marketing and Online Marketing Tips

1,264 Listeners

2Bobs—with David C. Baker and Blair Enns by David C. Baker and Blair Enns

2Bobs—with David C. Baker and Blair Enns

259 Listeners

The Futur with Chris Do by The Futur

The Futur with Chris Do

857 Listeners

Nudge by Phill Agnew

Nudge

180 Listeners

The CMO Podcast by vYve & Jim Stengel

The CMO Podcast

351 Listeners

Uncensored CMO by Jon Evans

Uncensored CMO

45 Listeners

The Marketing Millennials by Daniel Murray

The Marketing Millennials

155 Listeners

The Dave Gerhardt Show by Exit Five

The Dave Gerhardt Show

49 Listeners

Marketing Against The Grain by Hubspot Media

Marketing Against The Grain

358 Listeners

HBR On Strategy by Harvard Business Review

HBR On Strategy

81 Listeners

HBR On Leadership by Harvard Business Review

HBR On Leadership

168 Listeners

How I AI by Claire Vo

How I AI

146 Listeners