Journal of Marketing Research Announces Awards

Raj Grewal, Editor in Chief
Key Takeaways
​The Journal of Marketing Research announces the latest winners of the O'Dell and Green awards.
​The William F. O’Dell Award and Paul E. Green Award have been announced ahead of the 2018 AMA Summer Academic Conference.
Both awards will be presented at the Summer AMA Conference Awards Luncheon and integrated into the conference program on Saturday. Please read the full announcement that follows for more information on the recipients.
 

William F. O’Dell Award

Anja Lambrecht and Catherine Tucker have been selected as the recipients of the annual William F. O’Dell award for their article “When Does Retargeting Work? Information Specificity in Online Advertising” which appeared in the October 2013 (Volume 50, Issue 5) issue of the Journal of Marketing Research. The award honors the JMR article published five years earlier that has made the most significant, long-term contribution to marketing theory, methodology, and/or practice. The O’Dell Award committee this year included Rebecca Hamilton (Georgetown University), Tulin Erdem (New York University) and Pradeep Chintagunta (University of Chicago). The committee provided the following statement about their choice of Lambrecht and Tucker’s paper for the O’Dell Award:
 
"Dynamic retargeting” refers to the practice of showing consumers advertisements featuring pictures of products they recently browsed online. When Lambrecht and Tucker published their article “When Does Retargeting Work? Information Specificity in Online Advertising” in October 2013, retargeting firms claimed that featuring products consumers had recently browsed dramatically increased purchases. Yet, consumer reactions to dynamic retargeting were often negative. Until this point, rigorous testing had not been done to distinguish the effectiveness of dynamic retargeting vs. more generic retargeting (showing products that are similar to, but not the same as, products previously browsed) or identify points in the consumer’s decision process when dynamic retargeting would be more vs. less effective.
 
In their paper, Lambrecht and Tucker analyze data from a field experiment conducted by a travel website in cooperation with a major ad network and a follow-up lab experiment. Data from the field experiment suggest that, in general, dynamic retargeting ads are less effective than more generic retargeting, but this effect is moderated by whether the consumer has visited a review website. Visiting a review website is used as a proxy for having more refined product preferences. The follow-up lab experiment provides additional evidence that consumers react more favorably to dynamic retargeting ads when they have more refined (vs. broad) product preferences. Together, this empirical evidence suggests that the effectiveness of dynamic retargeting differs across stages of the consumer’s decision making process. 
 
These results caused agencies like Havas Media, which provided data to the authors for this paper, to question their recommendations to clients. The paper also kicked off a series of academic papers examining retargeting. The O’Dell Award is presented annually at the Summer AMA Conference, where it will be featured in a conference session exploring the evolution of academic research on retargeting.
 
The other finalists for the O’Dell award were:
 

Paul E. Green Award

Garrett A. Johnson, Randall A. Lewis and Elmar I. Nubbemeyer have been selected as the recipients of the annual Paul E. Green Award for their article "Ghost Ads: Improving the Economics of Measuring Online Ad Effectiveness," which appeared in the December 2017 issue (Vol. 54, No. 6) of Journal of Marketing Research.
 
The award honors the Journal of Marketing Research article published in 2017 that demonstrates the most potential to contribute significantly to the practice of marketing research. The committee overseeing the selection process comprised Sachin Gupta (chair), Gary Lilien and Russ Winer. In recognizing the winning paper, the committee made the following comment:
 
The “Ghost Ads” paper contributes important new methodologies to the age-old problem of measurement of advertising effects. These methodologies offer the promise of substantially changing the economics of advertising effects measurement favorably. As a consequence, academics and practitioners should be more willing to run experiments to learn when and how advertising works. The committee was especially impressed that despite their newness, the proposed methodologies have already had a large impact in practice, and continue to influence the digital advertising industry.
 
In addition to the winning paper, the seven other excellent finalists for the award were:

 
ABOUT THE AUTHOR:
Raj Grewal, Editor in Chief

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