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retail outlet. If the complementarity effect resulting from shopping costs dominates the original substitution effect, the …
Persistent link: https://www.econbiz.de/10010276712
of brand switching for stock-outs of promotional products. Furthermore, our study emphasizes outlet switching as a so far …
Persistent link: https://www.econbiz.de/10010281526
Out-of-Stock (OOS) is a prevalent problem customers face at the POS. In this paper, we demonstrate both theoretically and empirically how OOS-induced substitution patterns can be explained and predicted by means of context and phantom theory. We further analyze the relevance of promotions, for...
Persistent link: https://www.econbiz.de/10010281530
Context effects can have a major influence on brand choice behavior after the introduction of a new product. Based on … behavioral literature, several hypotheses about the effects of a new brand on perception, preferences and choice behavior can be …
Persistent link: https://www.econbiz.de/10010263745
and suppliers of their product assortment. However, retailers and manufacturers have to consider the risk of potential … reactions when customers are faced with a reduced or modified assortment and thus, different choice. In this paper, two studies … are presented which investigate customers' switching behavior if a (sub-)brand is unavailable and key determinants of the …
Persistent link: https://www.econbiz.de/10010281548
We consider a decision maker who enjoys choosing from a varied set of alternatives. Building on behavioral evidence, we propose testable axioms which characterize preference for variety, and provide a representation theorem. We go on to illustrate the potential effects of preference for variety...
Persistent link: https://www.econbiz.de/10010322612
Summary Merchandising at point of sale comprises a set of techniques aimed at encouraging the purchase at the point of … some evidence into the impact of the extension or termination of these merchandising stimuli." …
Persistent link: https://www.econbiz.de/10012118382
, brand-supporting investment. In an incomplete contract environment, vertical merger encourages investment in integrated …
Persistent link: https://www.econbiz.de/10010265279
We analyze the listing decisions of a retailer who may ask her suppliers to make upfront payments in order to be listed. We consider a sequential game with upfront payments being negotiated before short-term delivery contracts. We show that the retailer is more likely to use upfront payments the...
Persistent link: https://www.econbiz.de/10010276613
Innovation in fashion retail is critical in order to ensure competitive advantage in a constantly evolving market, in … international trends, mindful of the quality of products, but more price sensitive and less loyal to a brand. The shopping …
Persistent link: https://www.econbiz.de/10011724961