discussion of a new study titled “Store Choice and Shopping Behavior: How Price Format Works.”; Research on retailing typically attributes the success of a store to its location. At the same time, marketing experts have focused a great deal of attention on the role of pricing in store performance, but without considering location. In this recent study, Bell, Ho and Tang provide managers with a new shopping framework that takes both criteria into account.
Content: Article
Authors: Christopher Tang, David Bell, Teck-Hua Ho
Source: Knowledge@Wharton
Subjects: Industry Specific, Pricing
Industry: Retail
Authors: Christopher Tang, David Bell, Teck-Hua Ho
Source: Knowledge@Wharton
Subjects: Industry Specific, Pricing
Industry: Retail
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read the analysis and see how simple but accurate it is – my favorite record store is a HILO but I also shop in bulk through BMG’s catalog, which is an EDLP. Great article.