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An Empirical Analysis Of Retail Pricing Strategies From An Operations Perspective
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Book Synopsis An Empirical Analysis of Retail Pricing Strategies from an Operations Perspective by : Ilyoung Jung
Download or read book An Empirical Analysis of Retail Pricing Strategies from an Operations Perspective written by Ilyoung Jung and published by . This book was released on 2014 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: Retail pricing strategies are a critical component of retail business decision making. In many business environments, the retailers' efforts such as promotions, discounts and markdowns are often used to stimulate consumer demand. This research is motivated by the strong belief that pricing policies are today, more than ever before, fundamental and critical to the daily operations of retail industry. The reason is probably because price is one of the most effective variables that managers can manipulate to encourage or discourage demand in the short run. One of the most powerful and effective strategic tools in retailing is pricing, for which the options available to retailers range from the everyday low price (EDLP) to promotional or high-low (Hi-Lo) strategies. The dissertation consists of three essays. The first essay examines the relationship between promotional prices and retail sales with the EDLP and Hi-Lo pricing strategies. The second essay identifies the elements of pricing decisions with store level data under different pricing strategies. The third essay performs to measure and compare the efficiency of both pricing strategies of retail chains according to different types of competition.
Book Synopsis The Expert Guide to Retail Pricing by : Kiran Gange
Download or read book The Expert Guide to Retail Pricing written by Kiran Gange and published by Taylor & Francis. This book was released on 2023-07-07 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: Going under the hood of retail strategy, this book provides in-depth coverage of how retailers can leverage the latest in data analytics and technology to improve profitability and customer value through pricing. Retail pricing is not about dollars, pounds or euros, but the value a customer associates with a product, which can and does change over time. To maximize revenues and profits, pricing must be dynamic, strategic, and in today’s hyper-connected and -competitive world, scientific. Using technology to gather customer insights and create data-driven pricing approaches can also enhance the customer experience, improve vendor management, help monitor competitors, and ensure market efficiency – including the much-needed reduction of waste in the food sector. This book uses case studies from around the globe to illustrate the evolution of retailing and offers takeaways with each chapter to enable retailers to manage the future of pricing. Retail and pricing managers, retail sector consultants, and students of sales and marketing will welcome this book’s innovative solutions to one of bricks-and-mortar retailing’s most critical challenges.
Book Synopsis Retail Pricing Strategies and Market Power by : Gordon Mills
Download or read book Retail Pricing Strategies and Market Power written by Gordon Mills and published by Melbourne Univ. Publishing. This book was released on 2002 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study of retail pricing strategies presents information on the practices used in a variety of sectors, such as supermarkets, banks and airlines. His analysis rests on several basic concepts which are introduced in the book.
Download or read book Prices written by Almarin Phillips and published by University of Pennsylvania Press. This book was released on 2016-11-11 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sixteen essays in this collection are organized around five themes. The first group is concerned with the pricing implications of recent developments in the theory of the firm. The subject of the second group is wage-price guidelines, in theory and practice. The third set deals with pricing in regulated industries, with special attention to marginal cost pricing. Marketing models and empirical studies of pricing behavior are considered in the fourth set of essays. And the final group, closely related to this, deals with the rationality properties of business pricing decisions and the implications of pricing practices for antitrust enforcement. If a common view on pricing emerges from these provocative and timely papers; it is that an eclectic approach to pricing theories, policies, and practices appears at this stage to be appropriate, since neither neoclassical theory nor recent amendments, extensions, or alternatives to it appear individually rich enough to embrace the full range of variety that pricing behavior affords.
Download or read book Retail Pricing written by Harry Nyström and published by . This book was released on 1970 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fixing Prices written by Franck Cochoy and published by Edward Elgar Publishing. This book was released on 2023-07-01 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shedding light on a range of price fixing mechanisms and price display technologies, this incisive book offers a clear overview of the retail price setting, posting and adjusting processes. Based on a detailed study of a century of pricing practices in the US retail sector, it explores the anthropology and sociology of valuation practices by concentrating on the way prices are fabricated.
Book Synopsis Retail Price-promotion Decisions and Competition by : André Bonfrer
Download or read book Retail Price-promotion Decisions and Competition written by André Bonfrer and published by . This book was released on 1992 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Retail Pricing in the Italian Grocery Industry by : Monica Giulietti
Download or read book Retail Pricing in the Italian Grocery Industry written by Monica Giulietti and published by . This book was released on 1995 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis EDLP Versus Hi-Lo Pricing Strategies in Retailing by : Sabine El Husseini
Download or read book EDLP Versus Hi-Lo Pricing Strategies in Retailing written by Sabine El Husseini and published by Schriften zu Marketing und Handel. This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work examines the topic of EDLP versus Hi-Lo pricing strategies in retailing. Based on a comprehensive conceptual examination of pricing strategies in retailing, the author conducted two large-scale empirical studies about the impact of the retailer's pricing strategy on store performance.
Book Synopsis Handbook on the Economics of Retailing and Distribution by : Emek Basker
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.
Book Synopsis Research Perspectives on Retail Pricing by : Louis P. Bucklin
Download or read book Research Perspectives on Retail Pricing written by Louis P. Bucklin and published by . This book was released on 1998 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Research Perspectives on Retail Pricing by :
Download or read book Research Perspectives on Retail Pricing written by and published by . This book was released on 1998 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Conflict of Price Differentiation and Price Fairness by : Luisa Domanska
Download or read book The Conflict of Price Differentiation and Price Fairness written by Luisa Domanska and published by GRIN Verlag. This book was released on 2019-01-11 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2018 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7, Cologne Business School Köln, language: English, abstract: The thesis describes the conflict of price differentiation strategies and the consumers' perception of price fairness in different manners. By that, the role of a price is explained in detail in the role of marketing, as well as it's role in behavioral economics regarding price fairness. Different examples, being a highly discussed topic in the current state of the art, are brought together to demonstrate the variety of this price policy. Uber, the haircutting industry as well as typical gender-based pricing or emergency situations represent crucial practices that are discussed in regard of moral and ethical limitations in terms of price fairness. Finally, the work aims to understand the limitations on price differentiation in the context of price fairness and tries to answer questions as: When is price differentiation acceptable for consumers and when should firms reconsider differential price strategies due to a perceived abuse of trust, anger or similar emotions of targeted customers? For that, an empirical social research is considered to bring first and secondary data together, and to enable the defintion of those limitations to become a little clearer.
Book Synopsis An Empirical Analysis of Retail Market Structure by : Si Chen
Download or read book An Empirical Analysis of Retail Market Structure written by Si Chen and published by . This book was released on 2020 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Practical Pricing Strategies for Retail Stores by : Laurence Wile Jacobs
Download or read book Practical Pricing Strategies for Retail Stores written by Laurence Wile Jacobs and published by . This book was released on 1975 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Empirical and Analytical Analysis of Nonlinear Pricing Strategies by : Ping Xiao
Download or read book Empirical and Analytical Analysis of Nonlinear Pricing Strategies written by Ping Xiao and published by . This book was released on 2008 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Optimal Pricing Strategies for Retailers by : William M. Kawashima
Download or read book Optimal Pricing Strategies for Retailers written by William M. Kawashima and published by . This book was released on 1991 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt:
