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discounts presented in percentage and absolute terms result in different consumer perceptions of transaction value and purchase … designed to isolate the effects of the manner in which discounts are numerically expressed and the size of the discount on …
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Purpose – This paper aims to examine the effect of framing price promotion on consumers' purchase intentions. Retailers typically use the term “save” to present their price deal offers. However, prospect theory predicts that people will be more willing to waive the gain of a certain amount...
Persistent link: https://www.econbiz.de/10014848872
Purpose – Discounting has become the crack cocaine of senior management with terrifying effects on both revenue and profits. The purpose of this paper to show managers how and where to put a stake in the ground to kick the discounting habit and move to a more effective and disciplined approach...
Persistent link: https://www.econbiz.de/10014845191
Purpose – Most business executives understand the importance of offering good value for money to their customers. But sometimes they do not put enough thought into how customers perceive value. This is particularly true in today's recessionary environment. Executives need to communicate...
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In these days of shrinking budgets, libraries are ever more concerned with refinement and accountability in collection development. Evidence‐based decisions are becoming the rule rather than the exception. However, there are a number of ways to measure the quality of user services. The...
Persistent link: https://www.econbiz.de/10014686082
framing of promotional discounts (rebate, discount and free‐options) on perceived quality, price acceptability, perceived …” product options are perceived more favorably than conventional discounts which, in turn, are more favorable than rebates …
Persistent link: https://www.econbiz.de/10014895711
In this article we analyze price discounts and fixed price offers in terms of their comparative impact on consumer … the positive monetary sacrifice effect associated with price discounts. This model suggests that intermediate levels of … price discounts will be more desirable than a fixed price offer. However, a fixed price offer may be more desirable than …
Persistent link: https://www.econbiz.de/10014895713