Point-of-Sale Marketing Mix and Brand Performance – The Moderating Role of Retail Format and Brand Type

2018 ◽  
Author(s):  
Pranav Jindal ◽  
Ting Zhu ◽  
Pradeep K. Chintagunta ◽  
Sanjay K. Dhar
2018 ◽  
Vol 40 ◽  
pp. 82-90 ◽  
Author(s):  
Sonia Vilches-Montero ◽  
Nik Mohd Hazrul Nik Hashim ◽  
Ameet Pandit ◽  
Renzo Bravo-Olavarria

2017 ◽  
Vol 63 (3) ◽  
pp. 637-667 ◽  
Author(s):  
Aruna Ranganathan

Using ethnographic, experimental, and survey data from a handicraft cluster in southern India, this paper reports on a study of when and why people who identify with their work might sacrifice financial rewards in their economic decisions. Based on findings from ethnographic fieldwork, I hypothesize that the monetary value that individuals who identify with their work seek for their output depends on their audience: when they encounter discerning audiences, who are knowledgeable about and appreciative of their work, they underemphasize financial gains; transactions with non-discerning audiences, however, result in a focus on monetary rewards. I propose that the mechanism underlying this behavior is product attachment: people who identify with their work develop affection for the output of their labor and prefer to transact with audiences who will take care of their products beyond the point of sale, even if doing so results in lower monetary rewards. I substantiate this theory with a field experiment by demonstrating that handicraft artisans in India who identify with their work sell their products at different prices to discerning and non-discerning groups of buyers. This paper contributes to our understanding of economic decision making in the context of meaningful work by highlighting the moderating role of audiences and uncovering the mechanism of product attachment.


2020 ◽  
Vol 84 (3) ◽  
pp. 122-141
Author(s):  
Vardit Landsman ◽  
Stefan Stremersch

This article examines the effects of collective layoff announcements on sales and marketing-mix elasticities, accounting for supply-side constraints. The authors study 205 announcements in the automotive industry using a difference-in-differences model. They find that, following collective layoff announcements, layoff firms experience adverse changes in sales, advertising elasticity, and price elasticity. They explore the moderating role of announcement characteristics on these changes and find that collective layoff announcements by domestic firms and announcements that do not mention a decline in demand as a motive are more likely to be followed by adverse marketing-mix elasticity changes. On average, sales for the layoff firm in the layoff country are 8.7% lower following a collective layoff announcement than their predicted levels absent the announcement. Similarly, advertising elasticity is 9.8% lower and price elasticity is 19.2% higher than absent the announcement. Conversely, layoff firms typically decrease advertising spending in the country where collective layoffs have occurred, yet they do not change prices. These findings are relevant to marketing managers of firms undergoing collective layoffs and to analysts of collective layoff decisions.


2019 ◽  
Vol 95 (2) ◽  
pp. 130-143 ◽  
Author(s):  
Douglas E. Hughes ◽  
Keith A. Richards ◽  
Roger Calantone ◽  
Brian Baldus ◽  
Richard A. Spreng

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Danny Claro ◽  
Valter Afonso Vieira ◽  
Raj Agnihotri ◽  
Rafael Serer

Purpose As manufacturers and retailers aim to increase return on marketing investments, value- vs experience-related trade promotions gain attention. These two trade promotions become complicated in the presence of different retail format strategies (generalist vs specialist) and channel structures (direct to retailer vs distributors). Building on trade promotion literature, this study aims to show the main effect of value-related and experience-related trade promotions on retailers’ sales and the moderating role of different retail strategies and channel structures. Design/methodology/approach The authors use unique panel data from 8 personal care brands with 1,920 observations to test the hypotheses. The authors investigate how consumer goods manufacturer sells products using different channels structures and retail strategies. Estimated panel regressions provide the empirical evidence and robustness analyzes provide extra confidence to the findings. Findings Results reveal higher retail sales when the manufacturer invests in value-related trade promotions rather than experience-related trade promotions. The results also demonstrate how the manufacturer successfully invests in trade promotion by adequately accounting for channel structure and retail strategy. While temporary price reduction’s positive effect on retail sales is enhanced in generalist retailers (e.g. supermarket stores), shelf display’s positive impact is enhanced in specialist retailers (drug stores). Research limitations/implications The authors used unique panel data accounting for 15 months, limiting the findings. The results supported the investment allocation decisions in each period. However, future research may evaluate the effectiveness over a longer period and thoroughly address each investment’s seasonal effects. Practical implications The authors unveil how retailers achieve higher sales with value-related trade promotions when compared to experience-related trade promotions. The authors also shed light on the way manufacturers design their relationships with generalist and specialist retailers by working in direct and indirect channels. Trade promotions yield better results when the direct channel structure couples with a retailer’s generalist strategy. Originality/value The empirical findings help manufacturers achieve success in trade promotions by developing an equitable evaluation to contrast value- and experience-related promotions accounting for generalist and specialist retail strategies and direct and indirect channels.


2017 ◽  
Vol 31 (2) ◽  
pp. 131-141 ◽  
Author(s):  
Maria-Eugenia Ruiz-Molina ◽  
Irene Gil-Saura ◽  
David Servera-Francés

Purpose This work aims to attempt an in-depth study of the link between relationship benefits and store loyalty, examining the moderating role of the retailer’s degree of innovation in these relations. Design/methodology/approach An equations model has been contrasted based on 820 valid individual structured questionnaires administered to consumers of 13 trade names in four retail distribution sectors (food, textile, electronics and household goods). Findings The results provide evidence of the positive influence of relationship benefits on store loyalty and in particular the benefits stemming from trust. The links between social and special treatment benefits in relation to loyalty are, however, significantly stronger in the less innovative establishments. Research limitations/implications This paper provides evidence of the moderating role of innovation on the relationship between social benefits and special treatment benefits and loyalty. Practical implications Technology may be used as a differentiation tool. The retailer should concentrate its investments on information and communications technology solutions that contribute to enhance the customer experience at the point of sale without neglecting the social dimension to increase the benefits of trust and ultimately, customer loyalty. Originality/value The paper provides an in-depth examination of the retail innovation variable which is scarcely analysed in the literature, offering support for the idea that innovation at the point of sale plays a moderating role in the links between relational benefits and customer loyalty.


Crisis ◽  
2020 ◽  
Vol 41 (2) ◽  
pp. 82-88 ◽  
Author(s):  
Bob Lew ◽  
Ksenia Chistopolskaya ◽  
Yanzheng Liu ◽  
Mansor Abu Talib ◽  
Olga Mitina ◽  
...  

Abstract. Background: According to the strain theory of suicide, strains, resulting from conflicting and competing pressures in an individual's life, are hypothesized to precede suicide. But social support is an important factor that can mitigate strains and lessen their input in suicidal behavior. Aims: This study was designed to assess the moderating role of social support in the relation between strain and suicidality. Methods: A sample of 1,051 employees were recruited in Beijing, the capital of China, through an online survey. Moderation analysis was performed using SPSS PROCESS Macro. Social support was measured with the Multidimensional Scale of Perceived Social Support, and strains were assessed with the Psychological Strains Scale. Results: Psychological strains are a good predictor of suicidality, and social support, a basic need for each human being, moderates and decreases the effects of psychological strains on suicidality. Limitations: The cross-sectional survey limited the extent to which conclusions about causal relationships can be drawn. Furthermore, the results may not be generalized to the whole of China because of its diversity. Conclusion: Social support has a tendency to mitigate the effects of psychological strains on suicidality.


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