Canadian Operational
Research Society
Calgary Section
http://www.corscalgary.org/
PROFESSIONAL DEVELOPMENT
SEMINAR
Room 217
TransCanada Tower
450 - 1 Street SW
(See attached map)
Phillip
Elliott
Research
Manager
Environics
Research Group
TOPIC
Integrating Market and Operational Research: A
Look into Discrete Choice Modelling (DCM)
Abstract:
Discrete Choice Modelling is market research
technique for understanding what consumers want and why they buy. The technique
reveals the relationship between the probability of choosing an alternative and
the attributes or benefits that characterize that alternative. Specifically,
the discrete choice model is a representation of customer preferences that provides
estimates of the utility or value that customers place on the different
features or benefits of a product.
Phillip Elliott will discuss his experience using
DCM to analyze product preferences and optimize market share or revenue. He
will offer insight on how Discrete Choice Modelling can be integrated with
Operational Research to better meet the needs of consumers and increase company
profits.
About the Speaker:
Phillip has worked in the Market Research industry
for more than 7 years and has conducted several Discrete Choice Models in the
telecommunications and financial industries. Phillip is a Research Manager with
Environics Research Group, one of Canada's leading marketing and social survey
research consultancies. The company is headquartered in Toronto with offices in
Montreal, Ottawa, and Calgary. The focus of the Calgary office is on helping
large companies build and evolve their reputation and brands.
Phillip has a B.A. in Sociology (with Distinction)
from the University of Calgary concentrating in research methods and
statistics.