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Author : Yanhong Jin
Publisher :
ISBN 13 :
Total Pages : 270 pages
Book Rating : 4.:/5 (34 download)
Download or read book The Economics of a Money-back Guarantee in Retailing written by Yanhong Jin and published by . This book was released on 2004 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Yufei Huang
Publisher :
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.:/5 (13 download)
Download or read book Money-Back Guarantees in Distribution Channels written by Yufei Huang and published by . This book was released on 2019 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Allowing consumer returns via money-back guarantees (MBGs) is a common practice among retailers to encourage consumer purchases. Although the existing literature emphasizes the usefulness of MBGs, little is known about why retailers adopt different return policies and how their bargaining power with the upstream manufacturer impacts their return policies. To gain a better understanding, we examine retailers' MBG decisions with a stylized model. In our model, two retailers with different quality levels first decide whether to implement MBGs, then simultaneously bargain for wholesale prices with a manufacturer, and finally engage in price competition in the retail market. We adopt a multilateral bargaining framework, and we characterize sufficient conditions and explain the economic rationales for all possible equilibrium MBG outcomes. We further study the impact of the retailers' bargaining power on the manufacturer's and retailers' profits, as well as consumer surplus. We find that the retailers' (a)symmetric bargaining powers can lead to (a)symmetric MBG decisions and that the retailer with high bargaining power may refuse to implement an MBG if the manufacturer's reimbursement for the returned product is not large enough. Furthermore, while the manufacturer, the low-quality retailer, and the consumers always benefit from an MBG, the high-quality retailer benefits from an MBG only when his bargaining power is high and the low-quality retailer's bargaining power is low.
Author : Paul Henry Nystrom
Publisher :
ISBN 13 :
Total Pages : 424 pages
Book Rating : 4.:/5 (89 download)
Download or read book Economics of Retailing written by Paul Henry Nystrom and published by . This book was released on 1915 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Emek Basker
Publisher : Edward Elgar Publishing
ISBN 13 : 1783477385
Total Pages : 513 pages
Book Rating : 4.7/5 (834 download)
Download or read book Handbook on the Economics of Retailing and Distribution written by Emek Basker and published by Edward Elgar Publishing. This book was released on 2016-01-29 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook explores and critically examines current research in economics and marketing science on key issues in retailing and distribution. Providing a rich perspective for the discussion of public policy, contributions from several disciplines and continents range from the history of chains and the impact of multinational retailers on international trade patterns to US merger policy in the retail context, the rise of the Internet, and consumer-to-consumer sales. The chapters address methodological issues such as the structural estimation of entry games between retailers, productivity measurement when both inputs and output are not fully observable, and demand estimation with variable assortment. Policy issues explored include mergers, zoning, and the regulation of buyer power, while other chapters address some of the recent exciting developments in technology, retail formats, and data availability. The book goes on to study the changes in online retailing and ‘big data’, and to examine competition in specific retail sectors including gasoline stations, automobile dealerships, supermarkets, and ‘big box’ retail. This state-of-the-art Handbook is an essential reference for students and academics of economics and marketing science, and offers an outsider’s perspective to specialists in operations research, data analytics, geography, and sociology.
Author : Bruce McWilliams
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Offering Low Price Guarantees to Improve Customer Retention written by Bruce McWilliams and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Major retailers in the USA offer Money Back Guarantees (MBGs) under which they return money to dissatisfied customers. Some of these retailers also offer Low price Guarantees (LPGs) under which they promise to refund price differences if buyers find a lower price after purchase. Some researchers have argued that LPGs should be legally challenged because they limit price competition and contribute to higher prices. This paper shows that adding an LPG to an MBG can help improve economic efficiency as both retailer loss and customer hassle costs from excessive returns are reduced. This reduction serves as a counter argument against those who believe that LPGs should be prohibited.
Author : Roger R. Betancourt
Publisher : Edward Elgar Publishing
ISBN 13 : 1845423364
Total Pages : 256 pages
Book Rating : 4.8/5 (454 download)
Download or read book The Economics of Retailing and Distribution written by Roger R. Betancourt and published by Edward Elgar Publishing. This book was released on 2005-01-01 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book should become a standard reference in the field. . . It combines rigorous modeling with sophisticated econometrics and includes telling examples to illustrate general principles. Dennis C. Mueller, University of Vienna, Austria This book provides a uniform and coherent approach to the analysis of distribution systems in general and retail systems in particular. It develops the fundamentals of retail demand and supply, and demonstrates how the provision of distribution services is a principal determinant of economic outcomes in retail exchanges for both retailers and their customers, as well as for other agents such as suppliers and franchisors. The author integrates the existing literature with new applications to provide novel insights into the multi-product nature of retailing, the service aspects of packaging, and the evolution of retail formats such as supermarkets, non-store retailers (including the Internet) and shopping centers. He illustrates how the complementarity that underlies retail activities leads to lower average prices for customers. This integrative process also brings out the role of distribution services as mechanisms to exercise economic power. This is evident not only in channels of distribution but in the evolution of Wal-Mart and the development of franchise contracts. The author also identifies the crucial differences between the retailing of goods and the retailing of services. This impressive volume skilfully integrates conceptual, theoretical and empirical research to analyse critical issues in the economics of retailing and distribution. It will be required reading for academics and professional economists interested in industrial organization, marketing, applied microeconomics and business.
Author : Paul Henry Nystrom
Publisher :
ISBN 13 :
Total Pages : 424 pages
Book Rating : 4.:/5 (321 download)
Download or read book Economics of Retailing written by Paul Henry Nystrom and published by . This book was released on 1917 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Paul Henry Nystrom
Publisher :
ISBN 13 :
Total Pages : 428 pages
Book Rating : 4.:/5 ( download)
Download or read book Economics of Retailing written by Paul Henry Nystrom and published by . This book was released on 1920 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264028889
Total Pages : 114 pages
Book Rating : 4.2/5 (64 download)
Download or read book Supermarkets and the Meat Supply Chain The Economic Impact of Food Retail on Farmers, Processors and Consumers written by OECD and published by OECD Publishing. This book was released on 2006-09-21 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines the economic impacts of increasing retailer concentration on consumers, processors and farmers.
Author :
Publisher :
ISBN 13 :
Total Pages : 1406 pages
Book Rating : 4.:/5 (319 download)
Download or read book Advertising & Selling written by and published by . This book was released on 1928 with total page 1406 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 508 pages
Book Rating : 4.:/5 (6 download)
Download or read book The Inland Merchant written by and published by . This book was released on 1910 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : United States. Federal Trade Commission
Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.:/5 (31 download)
Download or read book Economic Report on Installment Credit and Retail Sales Practices of District of Columbia Retailers written by United States. Federal Trade Commission and published by . This book was released on 1968 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Nancy Georges
Publisher : BalboaPress
ISBN 13 : 1452503443
Total Pages : 144 pages
Book Rating : 4.4/5 (525 download)
Download or read book 7 Powerful Ways to Boost Retail Profits....In Any Economic Climate written by Nancy Georges and published by BalboaPress. This book was released on 2012-07-20 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nancy, The Retail Miss Fix-it, is a retail strategist and the brains behind Magnolia Solutions, a one stop shop offering retailers, brands, businesses and manufacturers a dedicated consultancy service designed to provide them with sound strategies and solutions to adapt their businesses for the new world. With more than 20 years hands on experience ranging from in-store management, customer service, marketing, training, promotions & events, product development, manufacturing and wholesaling Nancy wrote 7 Powerful Ways To Boost Retail Profifi ts, In Any Economic Climate to help retailers identify and develop the foundation needed to guarantee a profi table business. Working with retailers, wholesalers, brands, manufacturers & professionals to navigate the fast-paced, ever changing marketplace. Nancy strategically integrates and implements sound marketing solutions and retail practices via offline reality, websites, e-commerce and social media, arming them with the information and support they need to adapt and navigate their way through the new climate.
Author : J. Barry Smith
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 92 pages
Book Rating : 4./5 ( download)
Download or read book Modeling Economic Behavior in Peru's Informal Urban Retail Sector written by J. Barry Smith and published by World Bank Publications. This book was released on 1990 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: Small family business that operate outside the formal system comprise a large part of the economy in developing countries and more than half the Peruvian street vendors are women. This model of informal activity in Peru's urban areas elicits policy recommendations to improve productivity (especially women's) in the informal sector.
Author : United States. Federal Trade Commission. Bureau of Economics
Publisher :
ISBN 13 :
Total Pages : 408 pages
Book Rating : 4.:/5 (43 download)
Download or read book Economic Report on the Structure and Competitive Behavior of Food Retailing written by United States. Federal Trade Commission. Bureau of Economics and published by . This book was released on 1966 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : United States. Federal Trade Commission
Publisher :
ISBN 13 :
Total Pages : 396 pages
Book Rating : 4.3/5 (511 download)
Download or read book Economic Report on the Structure and Competitive Behavior of Food Retailing written by United States. Federal Trade Commission and published by . This book was released on 1969 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : United States. Federal Trade Commission
Publisher :
ISBN 13 :
Total Pages : 364 pages
Book Rating : 4.3/5 (91 download)
Download or read book Economic Inquiry Into Food Marketing: Concentration and integration in retailing written by United States. Federal Trade Commission and published by . This book was released on 1960 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt:
