Raghuram (Raghu) Iyengar

Raghuram (Raghu) Iyengar
  • Miers-Busch, W’1885 Professor
  • Professor of Marketing
  • Faculty Director of Innovation, Experiential Learning and Research Initiatives, Analytics at Wharton

Contact Information

  • office Address:

    756 Jon M. Huntsman Hall
    3730 Walnut Street
    University of Pennsylvania
    Philadelphia, PA 19104

Research Interests: Modeling individual-level choices

Links: CV

Overview

Professor Raghu Iyengar’s research interest is in the area of modeling individual decisions across a variety of contexts. His research has been published in Journal of Marketing Research and  Marketing Science.

Professor Raghu Iyengar is a Co-Editor for Journal of Marketing Research. He has previously served on the editorial board of Marketing Science and as an Area Editor for Management Science.

Professor Iyengar’s teaching interests are in the area of Marketing Analytics. He earned his PhD from Columbia University and his undergraduate degree from IIT Kanpur, India.

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Research

  • Raghuram Iyengar, Young-Hoon Park, ankit sisodia (Working), Customer Prototypicality and the Effectiveness of Segment-Level Personalization: Evidence from a Field Experiment.

  • Mingyung Kim, Eric Bradlow, Raghuram Iyengar (Forthcoming), A Bayesian Dual Clustering Approach for Selecting Data and Parameter Granularities.

    Abstract: While there are well-established methods for model selection (e.g., BIC, marginal likelihood), they generally condition on an a priori selected data (e.g., SKU-level data) and parameter granularity (e.g., brand-level parameters). That is, researchers think they are doing model selection, but what they are really doing is model selection conditional on their choices of data and parameter granularities. In this research, we propose a Bayesian dual-network clustering method as a novel way to make these two decisions simultaneously. To accomplish this, the method represents data and parameters as two separate networks with nodes being the unit of analysis (e.g., SKUs). The method then (a) clusters the two networks using a covariate-driven distance function which allows for a high degree of interpretability and (b) infers the data and parameter granularities that offer the best in-sample fit, akin to standard model selection methods. We apply our method to SKU-level demand analysis. The results show that the choices of data and parameter granularities based on our method as compared to those from extant approaches (e.g., latent class analysis) impact the demand elasticities and the optimal pricing of SKUs. We conclude by highlighting the generalizability of our framework to a broad array of marketing problems.

  • Ning Wang, Jing Peng, Raghuram Iyengar, Mengcheng Guan, Jianbin Li (Under Review), Unboxing Privacy: How Discreet Packaging Shapes Consumer Purchases?.

  • Thomas Li, Raghuram Iyengar, Z. John Zhang (Working), The Exclusivity Paradox: Optimizing Online Strategies for Luxury Brands.

  • Khaled Boughanmi, Raghuram Iyengar, Young-Hoon Park (Working), Latent Theme-based Decomposition of the Causal Impact of Marketing Interventions.

  • Zijun Tian, Ryan Dew, Raghuram Iyengar (2024), Mega or Micro? Optimal Influencer Selection by Follower Elasticity, Journal of Marketing Research.

  • David Reibstein and Raghuram Iyengar (2023), Metaverse—will it change the world or be a whole new world in and of itself?, Academy of Marketing Science Review, 13 (), pp. 144-150.

  • Brian Gregg, Raghuram Iyengar, Mukul Pandya, David Reibstein, Eli Stein, Resilient Marketing: What’s Next in Growth (:, 2023)

  • Ravi Gupta, Raghuram Iyengar, Meghana Sharma, Carolyn C Cannuscio, Raina M. Merchant, David A. Asch, Nandita Mitra, David Grande (2023), Consumer Views on Privacy Protections and Sharing of Personal Digital Health Information, JAMA Network Open, 6 ().

  • Raghuram Iyengar, Qi Yu, Young-Hoon Park (2022), The Impact of Subscription Programs on Customer Purchases, Journal of Marketing Research, 59 (), pp. 1101-1119.

Awards and Honors

  • 2022 MBA Teaching Excellence Award, 2022
  • Finalist, 2021 William O’Dell Award (AMA), 2021
  • 2021 MBA Teaching Excellence Award, 2021
  • 2020 MBA Teaching Excellence Award, 2020
  • 2019 MBA Teaching Excellence Award, 2019
  • Marketing Science Institute Scholar, 2018
  • Finalist, ISMS Long Term Impact Award, 2017
  • Finalist, Paul E. Green Award, 2017
  • Finalist, John D. C. Little Award, 2016
  • Finalist, John D. C. Little Award, 2012
  • Finalist, William O’Dell Award, 2012
  • MBA Excellence in Teaching: Elective Curriculum award, 2011
  • MSI Young Scholar Program, 2011
  • Finalist, Paul E. Green Award, 2008 Description

    Finalist

  • Finalist, Helen Kardon Moss Anvil Award, 2007 Description

    Finalist

Activity

Latest Research

Raghuram Iyengar, Young-Hoon Park, ankit sisodia (Working), Customer Prototypicality and the Effectiveness of Segment-Level Personalization: Evidence from a Field Experiment.
All Research

In the News

Is Influencer Marketing Worth It?

Brands pay millions for mega-influencer endorsements, but new research from Wharton’s Ryan Dew and Raghuram Iyengar finds having more followers doesn't always yield the biggest bang for the buck.Read More

Knowledge at Wharton - 4/29/2024
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Wharton Magazine

Wharton’s Global Impact: From Hong Kong to San Juan

The More Than Ever tour travels to São Paulo, Wharton Alumni Angels extends its reach, a trip to the Canadian Rockies, and more

Wharton Magazine - 04/19/2019

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When Barkha Saxena, WG’11, came to Wharton’s EMBA program in San Francisco, she was working in sales and strategy at FICO. Having started her career as a hands-on data scientist, she hoped to transition into an executive-level data science role, focusing on technology. Today, she is chief data officer of…

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