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Author:Karande, K.
Kumar, V.
Title:The effect of brand characteristics and retailer policies on response to retail price promotions: implications for retailers
Journal:Journal of Retailing
1995 : FALL, VOL. 71:3, p. 249-278
Index terms:BRANDS
RETAILING
POLICY
Language:eng
Abstract:The variation in the impact of a brand's retail price promotion on its own sales (promotional price elasticity) and the sales of its competitors (promotional cross-price elasticities) during the period of the price promotion is studied. Brand characteristics and retailer policies significantly explain the variation in promotional price elasticities and cross-price elasticities across brands. Results are used to offer guidelines to retail managers for planning promotions in terms of what brands to promote, and how and when to promote them under three different retailer objectives.
SCIMA record nr: 143470
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