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Marketing in the News

Current Faculty and Ph.D. Student Headlines

– Faculty News

Prof. Scott Galloway on Michigan's governor, Rick Snyder

May 08, 2012

ReutersExcerpt from Reuters India -- "'This is a guy who got along with the board, who got along with employees and who got along with Ted Waitt as the stock went from $80 to a buck,' said Scott Galloway, a well-known activist investor and marketing professor at New York University who was on Gateway's board at the time."

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– Faculty News

Prof. Samuel Craig on the options for online TV content providers

May 02, 2012

MarketplaceExcerpt from Marketplace -- "If you sell more ad time you increase the clutter, it becomes less desirable as a watching experience place for consumers. So you're ultimately between a rock and a hard place."

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– Faculty News

Prof. Tulin Erdem observes changes in classic advertising agencies

May 01, 2012

CRMExcerpt from CRM Magazine -- "'Everything is about the integration across different communication channels, and many classic advertising agencies now offer consulting or creative services in all domains,' Erdem observes."

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– Faculty News

Dean Geeta Menon on an anti-childhood obesity ad campaign

May 01, 2012

The New York TimesExcerpt from The New York Times -- "Geeta Menon, a professor of marketing and dean of the undergraduate college at the Stern School of Business at New York University, said she liked the ads’ suggestion of 'tactical things people can do to be healthier.'"

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– Faculty News

Prof. Adam Alter's co-authored research on exceptional expenses is referenced

April 27, 2012

The Wall Street JournalExcerpt from The Wall Street Journal -- "'The Exception Is the Rule: Underestimating and Overspending on Exceptional Expenses,' Abigail B. Sussman and Adam L. Alter, Journal of Consumer Research (forthcoming)."

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Additional coverage appeared in Association for Psychological Science.

– Business and Policy Leader Events

NYU Stern Hosts the 2012 Tribeca Disruptive Innovation Awards

April 27, 2012

TirbecaThe third annual Tribeca Disruptive Innovation Awards, hosted at NYU Stern, honored several leading disruptive innovators who have impacted the worlds of business, technology, arts and entertainment. Founder of Twitter and Square Jack Dorsey and Room to Read founder John Wood received the Lifetime Achievement awards. Other honorees ranged from pop star Justin Bieber and Rick Rubin, who founded Def Jam Records in his NYU dorm room, to Steven A. Curley for his advances in cancer treatments and Dr. Patricia Bath, the first person to demonstrate Laserphaco cataract surgery.
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– School News

The Tribeca Disruptive Innovation Awards, held at NYU Stern on April 27, are featured

April 27, 2012

HuffingtonExcerpt from The Huffington Post -- "The Tribeca Film Festival, in association with Harvard Professor Clayton Christensen and the Disruptor Foundation, honored 18-year-old Bieber, along with his manager Scooter Braun, were honored [SIC] for breaking the music industry mold. Bieber, wearing his favorite varsity jacket, was on hand at New York University's Stern School of Business to accept his award."
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– Faculty News

Prof. Adam Alter's co-authored research on how people think about "exceptional expenses" is featured

April 26, 2012

The Wall Street JournalExcerpt from The Wall Street Journal blog -- "Abigail B. Sussman, a doctoral candidate at Princeton, and Adam L. Alter, an assistant professor of marketing at New York University’s business school, conducted several experiments to explore how people think about 'unusual and infrequent' expenditures."
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– School News

Prof. Jeffrey Carr on Stern's annual New Venture Competition

April 22, 2012

Crain'sExcerpt from Crain's New York Business -- "'We'd found that it was hard to choose winners,' said Jeffrey Carr, who heads NYU Stern's Berkley Center for Entrepreneurship & Innovation. 'So we decided last year to pull out the tech competition [into a standalone category].'"
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– School News

Prof. Al Lieberman on NYU Stern’s “The Craft and Commerce of Cinema: Cannes Film Festival” course

April 19, 2012

VarietyExcerpt from Variety -- "As with all school programs, the key incentive is the leg-up it gives students. 'It's an important part of their educational experience,' says NYU's Lieberman. 'People come back and say, 'This changed my life.'"
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– Research Center Events

Center for Measurable Marketing Speaker Series with John Bell of Social@Ogilvy

April 19, 2012

CMMThe Center for Measurable Marketing will host Social@Ogilvy’s Global Managing Director John Bell to discuss “The Value of Integrated Social Media Marketing: A Sales Impact Study.”
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– Press Releases

Profs. Richard Sylla and Yacov Trope Among NYU Faculty Elected as 2012 AAAS Fellows

April 17, 2012

LeonardThe American Academy of Arts and Sciences (AAAS) has elected eight New York University faculty as fellows: Crispin James Garth Wright, a professor of philosophy; Yacov Trope, a professor of psychology; Danny Reinberg, a professor of biochemistry and molecular pharmacology, NYU School of Medicine; Elizabeth Phelps, a Silver Professor of Psychology and Neural Science; Paul Boghossian, a Silver Professor of Philosophy; Richard Sylla, Henry Kaufman Professor of the History of Financial Institutions and Markets at NYU’s Stern School of Business; Daryl Levinson, David Boies Professor of Law at NYU’s School of Law; and Marvin Trachtenberg, Edith Kitzmiller Professor of Fine Arts at NYU’s Institute of Fine Arts.

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– Faculty News

Prof. Hal Hershfield's research shows viewing your future-self can help you save

April 11, 2012

NPRExcerpt from NPR All Things Considered -- "Hershfield and a group of researchers wanted to help young people vividly imagine their own old age, so they recruited college-age men and women, gave them goggles and sent them into a virtual reality laboratory where they encountered a kind of mirror."
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– Faculty News

An op-ed by Prof. Eric Greenleaf on downtown Manhattan's school overcrowding

April 11, 2012

Downtown ExpressExcerpt from Downtown Express -- "The consequences for Downtown Manhattan’s post-9/11 rebirth may be devastating. Unless a sensible overcrowding solution is found soon, many families will move out of Downtown, and not just wait-listed families will leave."
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– Faculty News

Honoring Professor Susan Douglas

April 26, 2012

Susan DouglasEvery year Emerald invites each journal’s Editorial Team to nominate what they believe has been that title’s Outstanding Paper and up to three Highly Commended Papers from the previous 12 months. Professor Susan Douglas's paper co-authored with Professor Samuel C Craig has been included among these and I am pleased to inform you that their article entitled “The role of context in assessing international marketing opportunities” published in International Marketing Review has been chosen as an Outstanding Paper Award Winner at the Literati Network Awards for Excellence 2012.
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– Faculty News

Prof. Tom Meyvis on New Balance promoting its US-produced running shoe

April 04, 2012

The New York TimesExcerpt from The New York Times -- "Tom Meyvis, an associate professor of marketing at the New York University Stern School of Business, warned, however, that although running-shoe buyers might say they care where merchandise was made, 'in a concrete shopping situation, a lot of ideals don’t matter that much anymore. Features such as price and design have a bigger impact.'"
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– Faculty News

Prof. Priya Raghubir's "denomination effect" is cited

April 01, 2012

All YouExcerpt from All You Magazine -- "Research [by Professor Priya Raghubir] shows that you might be less likely to break a $50 bill for a spur-of-the-moment purchase than smaller currency."
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– Faculty News

Prof. Vicki Morwitz on alternative ways to keep track of your cell phone

March 23, 2012

Smart MoneyExcerpt from SmartMoney blog -- "'You can teach yourself to be more mindful,' [Morwitz] says. 'After losing my favorite hat in a taxi, I now mindfully check the taxi seat every time after I get up and before I close the door.'"
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– Faculty News

Prof. Scott Galloway's digital IQ ranking of hotels is featured

March 22, 2012

ReutersExcerpt from Reuters -- "'The number one score [on L2 Think Tank's Digital IQ Index: Hotels report] by Four Seasons reflects the brand's robust presence on social media platforms coupled with what we believe is the best website in the industry,' said Scott Galloway, L2 founder."
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– Faculty News

Prof. Sam Craig on marketing efforts for "The Hunger Games"

March 22, 2012

ReutersExcerpt from Reuters -- "You've got trailers for the web, you've got games for the iPhone, you've got Twitter, you've got Facebook and they did one clever thing: they had a contest, they invited some fans to the set to get them involved so these kids are really honored to be there and they want to tell everyone else."
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– Press Releases

Conversational ROI Press Release Researchers at NYU Stern's Center for Measurable Marketing (CMM) announced today that M&M'S ranked highest among Super Bowl XLVI advertisers in generating Conversational ROI™. The confectioner generated the highest initial levels of online engagement in CMM's in-depth analysis of online buzz, finishing second only to Doritos in terms of continued conversation.

– Faculty News

Prof. Hal Hershfield's research on saving for retirement is featured

March 20, 2012

MSNExcerpt from MSN Money Frugal Cool blog -- "'We'd rather have something now than wait for (the reward) to be bigger in the future. The future exists in a vague and murky way,' notes Hershfield, an assistant professor of marketing."
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– Faculty News

inc logo feature Excerpt from Inc. Magazine -- "There are many ways to make products more sustainable, but if you want to do as much as possible and benefit financially as much as possible, sustainability should be the goal at the start of product development."
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– Faculty News

Prof. Priya Raghubir on the brand loyalty of Apple's customers

March 16, 2012

ReutersExcerpt from Reuters -- "It's what the brand represents, not necessarily only lifestyle. So lifestyle could be part of it but the overall personality, what it signals to that consumer about the consumer themselves, which is smart, innovative, cutting edge, and worth a few extra dollars."
Watch the video
 
– Faculty News

Prof. Sam Craig on “Subway Fresh Artists Filmmakers” being expanded to NYU ProMotion Pictures

March 07, 2012
Variety
Excerpt from Variety -- "'Today's content industry depends upon creative, business and technological excellence, and the opportunity for our students to combine forces has been truly inspiring for them and our faculty alike,' said Sam Craig, director of the entertainment, media and technology program at NYU's Stern School of Business."
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– Faculty News


Prof. Scott Galloway on L2's recent Digital IQ ranking of luxury jewelery and watch brands

March 07, 2012

Financial TimesExcerpt from Financial Times -- "From a distribution perspective, watch and jewelery brands have traditionally sold through third-party retailers that not only manage inventory but also the relationship with the end consumer. The shift to digital requires both a shift in operations to facilitate a direct-to-consumer selling channel and a much larger strategy for managing these relationships"  –Scott Galloway

– Faculty News

Prof. Eitan Muller on Apple's marketing strategy for the iPad3 release

March 05,2012

The Washington PostExcerpt from The Washington Post -- "'With the iPad, Apple is relying on the fact that they have a package to offer with the iPhone, iPod and laptop at home and all the content under that umbrella,' said Eitan Muller."
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– Faculty News

Prof. Hal Hershfield's research on saving for retirement is highlighted

March 05, 2012

TIMEExcerpt from TIME -- " ... Ersner-Hershfield [have] come up with an imaginative way, by taking pictures of subjects and running them through software that adds 30 years to their age. People who see the self of tomorrow and then participate in a simulated 401(k) exercise put away more money than those who haven't gotten a glimpse of the person who awaits them three decades hence."
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Additional coverage appeared in The New York Times.

– Faculty News

Prof. Scott Galloway says publishers must embrace Facebook

March 02, 2012

Womens Wear DailyExcerpt from Women's Wear Daily -- "Galloway said publishers should be spending more with Facebook because it’s the least expensive way to target a young, affluent audience."
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– Faculty News

Prof. Vicki Morwitz on retail pricing tricks

March 01, 2012

Smart MoneyExcerpt from SmartMoney -- "'A high-end restaurant will charge $32 for a steak because it makes it seem more luxurious than a steak for $31.99,' [Morwitz] says."
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– Faculty News

Prof. Priya Raghubir on the psychology behind supermarkets

February 28, 2012

NBCExcerpt from NBC -- "Even if there is no price promotion on items on an end-of-aisle display, many consumers assume there is." -- Raghubir
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– Press Releases

NYU Stern Announces MBA Specialization in Digital Marketing

February 28, 2012

KMTpicTo more formally prepare MBA students with the strategic and analytical skills to guide organizations navigating a digital world, NYU Stern has launched a Digital Marketing specialization. Starting in spring 2012, students have the opportunity to focus their studies on a mix of marketing and information systems (IS) courses that will equip them with the knowledge to create value in an increasingly complex and changing digital world.
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– Faculty News

People with easy-to-pronounce names are likely to be favored according to Prof. Alter's research

February 24, 2012

WiredExcerpt from WIRED -- "'When we can process a piece of information more easily, when it’s easier to comprehend, we come to like it more,' said psychologist Adam Alter of New York University."

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– Faculty News

In an op-ed, Prof. Michelle Greenwald says the user experience can make or break a business

February 24, 2012

Inc.Excerpt from Inc. Magazine -- "All businesses, whether big or small, should go to the trouble of learning those little things that customers value above and beyond the basic product or service." -- Greenwald
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– Faculty News

Prof. Samuel Craig on companies profiting from dead celebrities

February 21, 2012

BloombergBusinessweekExcerpt from Bloomberg Businessweek -- "Rule No. 1, however, is never, ever price gouge. 'You don’t want to be viewed as taking advantage of a tragic situation,' Craig says."
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– Faculty News

Prof. Samuel Craig on how young people and older generations differ in their use of technology

February 18, 2012

VarietyExcerpt from Variety -- "There are significant differences in how youngsters and their elders use technology. For example, young people 'don't have landlines; they have cell phones,' observes Sam Craig, director of the Entertainment, Media and Technology Program at NYU's Stern School of Business."
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– Faculty News

Prof. Adam Alter's research finds having an easy-to-pronounce name can help you succeed

February 17, 2012

msnbc logo featureExcerpt from MSNBC -- “'People tend to feel more positive about things that are easy to process mentally, and with work colleagues that means better relationships,' said Ad­am L. Al­ter, an assistant professor of marketing at New York University’s Stern School of Business."
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us news and world report logo feature

Excerpt from US News & World Report -- "In a series of studies conducted with colleagues, Hershfield explored that connection between future selves and savings, and found that the more connected we feel to our future selves, the more likely we are to save."

– Faculty News

Prof. Michelle Greenwald says TV ads are best when a brand wants to reinvent itself

February 13, 2012

ReutersExcerpt from Reuters -- "'Social media is better for deals and promotions,' said ... professor Michelle Greenwald, who earlier in her career was an executive at PepsiCo and Disney. TV is the best bet for a brand that is in a hurry to remake itself, she added."
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– Faculty News

Prof. Adam Alter's research shows an easier-to-pronounce name can help you get ahead

February 11, 2012

MSNExcerpt from MSN Health & Fitness -- "The name bias probably extends to other professions as well, according to study co-leader Adam Alter, from the Stern School of Business. 'People simply aren't aware of the subtle impact that names can have on their judgments.'" Additional coverage appeared in The Wall Street Journal, WTOP.com, Drugs.com, Medical News Today, Colorado Springs Business Journal and Crikey.com.
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– Faculty News

Prof. Adam Alter's research on how our names can determine our success is featured

February 09, 2012

FOX BusinessExcerpt from Fox Business -- "People simply aren’t aware of the subtle impact that names can have on their judgments." Additional coverage appeared in Marie Claire UK, Daily Mail, The Telegraph, Business News Daily, Deccan Herald, TruthDive.com, Business Insider, PerthNow.com, Yahoo! Shine, Business Review Australia, CorpComms Magazine, Mid Day, Express.co.uk, Independent Online and Sydney Morning Herald.
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– Faculty News

Research by Prof. Adam Alter finds people with easy-to-pronounce names are favored

February 08, 2012

InternationalBusinessTimesExcerpt from International Business Times -- "Dr Simon Laham at the University of Melbourne and Dr Adam Alter at New York University Stern School of Business, analysed how the pronunciation of names can influence impression formation and decision-making." Additional coverage appeared in Asian Scientist Magazine, Times of India, TopNews, The Herald Sun, Adelaidenow.com.au and News.com.au.
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– Faculty News

Prof. Justin Kruger's research on conveying emotion via email is referenced

February 06, 2012

Financial TimesExcerpt from Financial Times -- "Academic studies, such as the work of Justin Kruger of New York University and Nicholas Epley of the University of Chicago, have shown that email conveys emotion very poorly. Sarcasm, for example, does not come across easily in email."
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– Faculty News

Prof. Scott Galloway and L2's five predictions for the "Prestige 100 brands" are featured

February 02, 2012

PortfolioExcerpt from Portfolio.com -- "Get to know Tumblr, Instagram, and Pinterest. Several emerging platforms offer visual opportunities that fit hand in glove with most prestige brands' digital marketing strategies, says L2."
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