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This article suggests a modeling framework to investigate the optimal strategy followed by a monopolistic firm to manipulate the process of opinion formation in a social network. We consider a network which consists of the monopolist and a set of consumers who communicate to form their beliefs...
Persistent link: https://www.econbiz.de/10013022636
The paper introduces the concept of customer-based brand equity for a tourism destination and thereby completes previous tourism destination studies which have exclusively investigated the destination image concept. Since no other authors have combined the four proposed dimensions (awareness,...
Persistent link: https://www.econbiz.de/10013085188
This paper addresses the marketing concept of brand equity from a semiotic perspective, by demonstrating why and how …
Persistent link: https://www.econbiz.de/10013066677
This article responds to Professor Benjamin Klein's recently published article that describes a comprehensive procompetitive rationale for RPM - resolving the incentive incompatibility between the brand manufacturer and the retailers that sell that brand. Retailers commonly have insufficient...
Persistent link: https://www.econbiz.de/10013038633
To increase the sales of their products through advertising, firms must integrate their brand-advertising strategy for capturing market share from competitors and their generic-advertising strategy for increasing primary demand for the category. This paper examines whether, when, and how much...
Persistent link: https://www.econbiz.de/10012766678
Beyond real functional differences, brand positioning can have profound effects on the purchase decisions of consumers. Using a product-portfolio and consumer search framework, we provide a micro-foundation for why and how brand positioning can deliver credible information to consumers....
Persistent link: https://www.econbiz.de/10012823728
Brand pricing decision models and established theories in the marketing and econometrics focus typically on assuming … significance of pricing to customer store and brand choices are always regarded as a widely known truth among marketing scholars … have highlighted simple but earlier unrecognized marketing practices that managers can employ to cultivate the positioning …
Persistent link: https://www.econbiz.de/10013021123
In this paper, we study the rational for an incumbent to launch a second brand when facing potential entry in a market with quality differentiated products and a fringe producer. Depending on market size, costs for a second brand and a potential entrant's setup cost the incumbent might use a...
Persistent link: https://www.econbiz.de/10013043582
In this paper, we analyze the strategic role of the recent introduction of national brand products by hard discounters in the French market and its impact both at the retail and manufacturer levels. We use a structural econometric model of vertical relationships that takes into account the...
Persistent link: https://www.econbiz.de/10012223754
Retailers act as intermediaries between manufacturers and consumers. When retailers sell their own products alongside those of manufacturers, what is the effect on competition? Further, how does this effect hinge on market power? In this paper, I theoretically and empirically study the effect of...
Persistent link: https://www.econbiz.de/10014089752