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Retailers implementing the Hi–Lo or promotional-pricing strategy frequently offer temporary price promotions to attract customers to the store. For this strategy to be financially successful, however, the store must entice bargain seekers to purchase non-discounted merchandise. Because regular...
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The article introduces four relational models from the social sciences that are relevant for classifying retailer-consumer interactions. Similarities between the relational models are identified and two continuous relational dimensions-personality-relatedness and reciprocity-are derived. The...
Persistent link: https://www.econbiz.de/10004987939
Purpose – The purpose of the study is to investigate the preferences of young Millennials for a salient product category (toys) and to investigate possible within‐group differences that have relevance for marketers. Design/methodology/approach – The study carried out analysis of...
Persistent link: https://www.econbiz.de/10014848948
Purpose – The current increase in social media activity related to brand–consumer interactions is progressively influencing the manner in which brands and their customers communicate. Whereas this attention to social media is warranted, researchers and brand managers must also recognize that...
Persistent link: https://www.econbiz.de/10014850027
This research examines the effect of extraordinary retail environments on consumer self-concept. Two between-subjects experiments manipulate the extraordinariness of the retail environment and evaluate participants' self-concept in the environment. In both experiments, high-extraordinariness...
Persistent link: https://www.econbiz.de/10008871406
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Purpose – The purpose of this paper is to examine the importance consumers place on various types of socially responsible marketing practices, and whether the level of importance varies by gender, race, and consumers' income. Design/methodology/approach – A survey was designed that asked...
Persistent link: https://www.econbiz.de/10014850396
This paper examines the phenomenon of market consolidation and integration, where competitors in localized, isolated markets are forced to compete with numerous new rivals in a unified market. In contemporary business experience, this deluge of new competitors and new competitive forms is the...
Persistent link: https://www.econbiz.de/10014702796