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Author:Lim, J.
Currim, I.S.
Andrews, R.L.
Title:Consumer heterogeneity in the longer-term effects of price promotions
Journal:International Journal of Research in Marketing
2005 : DEC, VOL. 22:4, p. 441-457
Index terms:marketing
consumers
segmentation
brand loyalty
prices
products
time series
models
USA
Language:eng
Abstract:This paper explores whether the adjustment (here as: adj.), permanent, and total effects of price promotions (as: p-prom./s.), and the duration of the adj. period, differ btw. consumers segmented (as: segm.) based on their usage rates in a product category (as: p-cat./p-cats.) and their loyalty to a brand. Also, investigated is whether such consumer segm. will improve the forecasting performance of persistence models at both p-cat. and brand levels. Evidence from household-level supermarket scanner data on four p-cats. is provided. Substantial differences btw. consumer segments are found. Insights are provided on how managers can increase the longer-term effectiveness of p-proms. by targeting each consumer segment with a different prom. program. There are also more results reported.
SCIMA record nr: 260160
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