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Retailers introduce private labels in a category not only to gain profits directly from the private label but also to use as a strategic weapon to elicit concessions from the national brand manufacturers. The authors show that, in certain categories, the retailer can gain better terms of trade...
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Among the array of direct and indirect methods of motivation and control available to the sales manager is sales-force compensation. In this article, the authors summarize theoretical predictions from the economics, marketing, finance, and accounting literatures on the structure of optimal...
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Behavioral decision researchers have documented a number of anomalies that seem to run counter to established theories of consumer behavior from microeconomics that are often at the core of analytical models in marketing. A natural question therefore is how equilibrium behavior and strategies...
Persistent link: https://www.econbiz.de/10005716490
This article analyzes the equilibrium-pricing strategies of brands engaged in a pricing game. Each brand has a monopoly market (loyal consumers) and competes with others in a common market called brand switchers. In the case of a duopoly, it is shown that the behavior of the brand switchers...
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