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when communicating store pricing policy to the target consumer. The research extends previous price cue research, which …
Persistent link: https://www.econbiz.de/10014895919
Purpose – In the marketing process, the positioning effort exerted by manufacturers for their brands is slowed by the commercial objectives of intermediary firms. In addition, to act as buyers, retailers act as suppliers of demand segments. When they receive privileged conditions in their...
Persistent link: https://www.econbiz.de/10014895934
traditional retail channel (multi‐channel company) to find the optimal pricing strategy and market structure in order to maximize … their profits. Design/methodology/approach – A game theory model is developed to determine the optimal pricing strategy for … the multi‐channel company. Findings – It was demonstrated that an optimal pricing strategy exists under different market …
Persistent link: https://www.econbiz.de/10014896007
Purpose – This paper seeks to provide a practical methodology for a retailer's pricing decisions for a store brand in … the existing theoretical models, a flexible gamma distribution is employed for practicality. A numerical approach is …
Persistent link: https://www.econbiz.de/10014896015
This study used choice modelling to estimate the effect of odd pricing on the demand for three products: a $4 can of … kettles a significant odd‐price effect occurred at 95 cents but not at 99 cents. The estimated value of the odd‐pricing effect … empirical support for the assumption that odd pricing generates greater‐than‐expected demand, at least at the individual brand …
Persistent link: https://www.econbiz.de/10014896523
Retailers of seasonal merchandise often face the problem of selling a fixed inventory over a short selling season. For a small retailer, with a sunk investment in inventory, a major objective is revenue maximisation. This paper is concerned with the provision of decision support for the tactical...
Persistent link: https://www.econbiz.de/10014896556
body of knowledge relating to crucial aspect of pricing strategy, and has potential applicability beyond retailing.  … potential benefits to retailers, including reduced costs and increased patronage. Pricing strategists need to understand the …
Persistent link: https://www.econbiz.de/10014946023
Persistent link: https://www.econbiz.de/10014574070
Persistent link: https://www.econbiz.de/10011446258
Persistent link: https://www.econbiz.de/10013270704