Gijsenberg, Maarten J.; Heerde, Harald J. van; Dekimpe, … - 2012
marketing mix instruments, advertising and price, over the business cycle. Analyses are based on 163 branded products in 37 …. Consumers are shown to be more price sensitive during contractions. In addition, spending patterns will be less consistent … involvement was shown to be an influential moderator of the final effect of advertising, price and carry-over effects on sales …