EDLP versus Hi-Lo Pricing Strategies in Retailing
Literature Review and Empirical Examinations in the German Retail Market
Summary
Excerpt
Table Of Contents
- Cover
- Title Page
- Copyright
- About the Author
- About the Book
- This eBook can be cited
- Geleitwort des Herausgebers
- Preface
- Table of contents
- List of Abbreviations
- List of Symbols
- List of Figures
- List of Tables
- 1 Introduction
- 1.1 Problem background
- 1.2 Research questions and outline
- 2 Pricing Strategy in Retailing – A literature review
- 2.1 Introduction
- 2.1.1 Problem background and relevance of subject
- 2.1.2 Goals and structure of the paper
- 2.2 Theoretical foundations of the pricing strategy in retailing
- 2.3 Definition of the pricing strategy in retailing
- 2.4 Review of the research on pricing strategy in retailing
- 2.4.1 Results of conceptual papers
- 2.4.2 Results of empirical papers
- 2.4.2.1 Determinants of pricing strategy in retailing
- 2.4.2.1.1 Market and consumer factors
- Main results
- Further results
- 2.4.2.1.2 Retailer factors
- Main results
- Further results
- 2.4.2.1.3 Competitor factors
- 2.4.2.1.4 Manufacturer and brand factors
- 2.4.2.2 Research on the outcomes of pricing strategy in retailing
- 2.4.2.2.1 Retailer outcomes
- 2.4.2.2.2 Customer outcomes
- 2.5 Implications
- 2.5.1 Directions for future research
- 2.5.2 Managerial implications
- 2.6 Conclusion
- 3 Don’t get Stuck in the Middle! An Examination of Pure versus Hybrid Pricing Strategies in Retailing
- 3.1 Introduction
- 3.2 Conceptual framework and hypotheses
- 3.2.1 Qualitative pre-study
- 3.2.2 Developing the focal construct: comparing literature and field perspectives
- 3.2.3 The effects of pricing strategy alignement
- 3.2.4 Moderating effects
- 3.2.4.1 Market factors
- 3.2.4.2 Store factors
- 3.2.4.3 Competitive factors
- 3.3 Method
- 3.3.1 Empirical context and data
- 3.3.2 Measures
- 3.3.2.1 Focal construct: pricing strategy alignment
- 3.3.2.2 Performance variables
- 3.3.2.3 Moderating variables
- 3.4 Results
- 3.4.1 Analysis approach
- 3.4.2 Additional analysis
- 3.5 Discussion of results
- 3.5.1 Theoretical implications
- 3.5.2 Managerial implications
- 3.5.3 Limitations and need for further research
- 4 Price Promotion Activity at the Category Level: Less is More?
- 4.1 Introduction
- 4.2 Method
- 4.2.1 Data
- 4.2.2 Measures
- 4.2.2.1 Price promotion activity
- 4.2.2.2 Productivity of the sales area
- 4.3 Analysis
- 4.4 Results
- 4.4.1 Recommendation: No price promotion activity
- Chocolate/Cereal bars
- Auto dish
- 4.4.2 Recommendation: High price promotion activity
- Brandy/Cognac
- Heavy Duty Detergents
- Shower gel
- Shampoo
- 4.4.3 Recommendation: Low price promotion activity
- Margarine
- Cream cheese
- Chocolate
- Juices
- Roasted coffee
- Yoghurt
- Pralines
- Dog food
- Ham and sausage
- Soups and stews
- Salty snacks
- Air freshener
- Rice
- 4.4.4 Recommendation: Medium price promotion activity
- Bathroom tissue
- Soft drinks
- Total hand & body care
- Toothpaste
- Ketchup
- Spirituous beverages
- Fruit gums
- Cereals
- Liquors
- Instant/convenience food
- Sparkling wine/champaign
- Sweet spread
- Frozen pizza
- Deodorants
- 4.4.5 Recommendation: Low or high price promotion activity
- 4.4.6 Summary of recommendations
- 4.5 Discussion
- 5 Conclusion
- Appendix
- Expert Interview Guidelines
- References
AIC |
Akaike's Information Criterion |
ANOVA |
Analysis of Variance |
BIC |
Bayesian Information Criterion |
BP |
Buying Power |
C |
Customer’s perspective |
CEO |
Chief Executive Officer |
cf. |
Confer (compare) |
Comp |
Competitive Intensity |
Disc |
Discounter (vs. Non-Discounter) |
Dr. |
Doktor |
Dr. rer. pol. |
Doctor rerum politicarum |
EDFP+ |
Every Day Fair Price Plus |
EDLP |
Every Day Low Price |
EDLPP |
Every Day Low Purchase Price |
Eds |
Editors |
e.g. |
Exempli gratia (for example) |
etc. |
Et cetera (and so on) |
G |
Gramm |
GfK |
Gesellschaft für Konsumforschung |
Hi-Lo |
High-Low (Pricing Strategy) |
HLM |
Hierarchical Linear Modeling |
HLP |
High-Low Pricing |
i.e. |
Id est (for example) |
JBR |
Journal of Business Research |
JM |
Journal of Marketing |
JPBM |
Journal of Product and Brand Management |
JR |
Journal of Retailing |
JRCS |
Journal of Retailing and Consumer Services ← XV | XVI → |
M |
Mean |
MANOVA |
Multivariate Analysis of Variance |
MS |
Marketing Science |
p. |
Page |
PD |
Population Density |
PPA |
Price Promotion Activity |
Prof. |
Professor |
PROMO |
Promotional Pricing Strategy |
PSA |
Pricing Strategy Alignment |
QME |
Quantitative Marketing and Economics |
R |
Retailer’s perspective |
SD |
Standard Deviation |
SDSQM |
Sales Dollars per Squaremeter |
SEM |
Structural Equations Modeling |
SKU |
Stock Keeping Unit |
SVSQM |
Sales Volume per Squaremeter |
Details
- Pages
- XXI, 127
- Publication Year
- 2014
- ISBN (PDF)
- 9783653034509
- ISBN (MOBI)
- 9783653995732
- ISBN (ePUB)
- 9783653995749
- ISBN (Hardcover)
- 9783631643570
- DOI
- 10.3726/978-3-653-03450-9
- Language
- English
- Publication date
- 2014 (April)
- Keywords
- Price Promotion Activity EDLP Hi-Lo hybrid pricing strategies Preispolitik store level
- Published
- Frankfurt am Main, Berlin, Bern, Bruxelles, New York, Oxford, Wien, 2014. 150 S.
- Product Safety
- Peter Lang Group AG