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similar substitute is offered at a reduced price, the effect is enforced. For dissimilar substitutes, we show the contrary …
Persistent link: https://www.econbiz.de/10009266902
in customers' OOS reactions. The results of an online experiment demonstrate that customers substitute unavailable items …
Persistent link: https://www.econbiz.de/10008989876
deferral or no purchase at all), often referred to as choice overload. In a field experiment with a major chocolate brand … conducted at a German retail chain, we test for variety during a price and display promotion. Participating stores either …
Persistent link: https://www.econbiz.de/10014481041
We designed an experiment that examines how knowledge about the price of a good, and the time at which the information … is received, affects how the good is experienced. The good in question was wine, and the price was either high or low …. Our results suggest that hosts offering wine to guests can safely reveal the price: much is gained if the wine is …
Persistent link: https://www.econbiz.de/10003826777
We designed an experiment that examines how knowledge about the price of a good, and the time at which the information … is received, affects how the good is experienced. The good in question was wine, and the price was either high or low …. Our results suggest that hosts offering wine to guests can safely reveal the price: much is gained if the wine is …
Persistent link: https://www.econbiz.de/10013152920
This study was conducted to ascertain the relationship between the females' in-store purchasing decision process and the promotional mix. Two cosmetic salesmen groups were interviewed by using focus group interview technique to understand females' buying decision process with in-store...
Persistent link: https://www.econbiz.de/10011503554
Importance of sustainable consumption. Consumers associate sustainable products with ecological and regional production including a high credibility. In order to take advantage of this trend manufacturers of sustainable foods must communicate the sustainability of their products via packaging...
Persistent link: https://www.econbiz.de/10012221822
only an upper bound on the number of units available for sale. To examine the impact of these messages, we obtained price … goods. We also observe, on the other hand, that price discounts are quite effective in increasing sales and offsetting the … losses induced by scarcity messages. On average, a reduction of 1% in SKU price increases daily sales by approximately 3 …
Persistent link: https://www.econbiz.de/10012842813
Price promotions increase sales, at least in the short term, but the effect of price promotions on consumers' product … evaluations is not well understood. We focus on the market for mobile apps, a category where price variation, including … discounting to a zero price is common. We ask how price promotions affect the evaluations measured by star ratings posted …
Persistent link: https://www.econbiz.de/10012845797
-cyclical pricing, drawing on the category-expansion effects of price promotions. Our study emphasizes the seasonal fluctuation in … promotion frequency rather than the change in aggregate mean price across seasons, which motivates most existing studies. We … propose a rationale for the counter-cyclical price promotions: consumers are more likely to increase category demand in …
Persistent link: https://www.econbiz.de/10012925174