Abstract

The growing, aging, and urbanizing traveling population of the United States requires different and more personal designed mobility options. The private sector, in association with public firms, has started to test and deploy innovative solutions to address these shifting needs. Unfortunately, the build-first-and-users-will-come theory does not hold much weight. Overnight success stories are often the result of years of hard work behind the scenes. Simply put, start-up marketing is often a unique challenge because of limited resources, whether it is time, money, or talent. This study, therefore, introduced an agent-based model that could be used to simulate the reaction of commuters and travelers on the introduction of an innovative mobility option and business model. The model was backed up with empirical data from an Austin, Texas–based innovative mobility solution, the Metropia app. The results of this study show the importance of how and when promotional activities are conducted, with respect to the characteristics of the concept involved, to achieve appropriate public engagement. Thus, decision makers are provided with a quantitative projection of the effect of different strategies and the associated public reaction. For instance, in the case of introducing innovative mobility options that require high public engagement, such as carpooling or crowdsourcing solutions, it is suggested that strategists focus their attention and marketing budget to make an initial splash.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.