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New restaurants often do not manage to succeed within a reasonable amount of time. Exotic restaurants especially face the problem that price promotions may not attract new customers because prospective customers might associate very low prices for unfamiliar food with a high functional risk....
Persistent link: https://www.econbiz.de/10014619508
New restaurants often do not manage to succeed within a reasonable amount of time. Exotic restaurants especially face the problem that price promotions may not attract new customers because prospective customers might associate very low prices for unfamiliar food with a high functional risk....
Persistent link: https://www.econbiz.de/10008587200
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Pay what you want (PWYW) is a new participative pricing mechanism that delegates the whole price determination to the buyer. Previous research on PWYW suggests that the final prices paid are not only affected by consumer characteristics but also by varying conditions, such as social distance...
Persistent link: https://www.econbiz.de/10011155233
The distribution of the photovoltaic systems is faced with technological and economic problems, and the businesses and corporations feel burdened by the photovoltaic system's dubious economic value and high construction costs. Thus, not too many enterprises or private citizens have been...
Persistent link: https://www.econbiz.de/10008913762
Purpose The purpose of this paper is to compare the impact of different multi-unit promotions (MUPs) and a single-unit promotion (SUP) on store-level sales and consumer-level purchase probability and quantity decision. Design/methodology/approach The paper combines two empirical studies. Study 1...
Persistent link: https://www.econbiz.de/10014724588
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