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Broadening the Scope of Reference Price Advertising Research
Oleh:
Howard, Daniel J.
;
Kerin, Roger A.
Jenis:
Article from Journal - ilmiah internasional
Dalam koleksi:
Journal of Marketing (EBSCO) vol. 70 no. 4 (Okt. 2006)
,
page 185-204.
Topik:
PRICE
;
price
;
advertising
;
consumer shopping
;
involvement
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ94.10
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
The current understanding of reference pricing requires broadening to reflect contemporary advertising practices and shopping behavior. A content analysis of 13,594 newspaper retail advertisements reveals that it is uncommon for reference pricing to be used alone in advertisements : 87,2% of the advertisements featuring reference pricing also include limited time availability (i.e. three days only) or sale announcements in the headline or copu. Using dual process theories of persuasion as a conceptual framework, the authors conduct three field experiments that compare the conditions under which tht use of limited time availability and sale announcements in advertisements compare the conditions under which the use of limited time availability and sale announcements in advertisements that feature reference prices affects consumer price perceptions and store shopping intentions. The findings yield three insights for reference price advertising. First : reference pricing results in favourable price perceptions and store shopping intentions only when consumers are shopping for a product. Second : when consumers are shopping for a product, reference pricing paired with limited time availability results in more favorable price perceptions and store shopping intentions than the use of either techniques alone. Third : the use of sale announcements and limited time availability in reference price advertisements has a favorable effect on price perceptions and store shopping intentions when consumers are not shopping for a product.
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