Consumer responses to a price increase vs. a price decrease or a withdrawal of promotion.

Many past studies have investigated the impact of price cuts and promotions on consumers. In contrast, there have been relatively few studies done on consumer responses to price increases and withdrawals of promotion. Price increases and withdrawals of promotion are, however, important marketing act...

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Main Authors: Liau, Florence Ling Ying., Lin, Xiu Qin., Or, Wenhui.
Other Authors: Lim, Lewis Kui Suen
Format: Final Year Project
Published: 2008
Subjects:
Online Access:http://hdl.handle.net/10356/10420
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Institution: Nanyang Technological University
id sg-ntu-dr.10356-10420
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spelling sg-ntu-dr.10356-104202023-05-19T06:24:08Z Consumer responses to a price increase vs. a price decrease or a withdrawal of promotion. Liau, Florence Ling Ying. Lin, Xiu Qin. Or, Wenhui. Lim, Lewis Kui Suen Nanyang Business School DRNTU::Business::Marketing::Consumer behavior Many past studies have investigated the impact of price cuts and promotions on consumers. In contrast, there have been relatively few studies done on consumer responses to price increases and withdrawals of promotion. Price increases and withdrawals of promotion are, however, important marketing actions which help firms maintain or restore profitability in the midst of intense competition. Two issues are particularly worthy of attention: (1) Will a price increase so adversely affect consumer responses that it becomes challenging to implement? (2) Will a withdrawal of promotions of equivalent value produce a less adverse effect than an outright price increase? 2008-09-24T07:43:29Z 2008-09-24T07:43:29Z 2007 2007 Final Year Project (FYP) http://hdl.handle.net/10356/10420 Nanyang Technological University application/pdf
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
topic DRNTU::Business::Marketing::Consumer behavior
spellingShingle DRNTU::Business::Marketing::Consumer behavior
Liau, Florence Ling Ying.
Lin, Xiu Qin.
Or, Wenhui.
Consumer responses to a price increase vs. a price decrease or a withdrawal of promotion.
description Many past studies have investigated the impact of price cuts and promotions on consumers. In contrast, there have been relatively few studies done on consumer responses to price increases and withdrawals of promotion. Price increases and withdrawals of promotion are, however, important marketing actions which help firms maintain or restore profitability in the midst of intense competition. Two issues are particularly worthy of attention: (1) Will a price increase so adversely affect consumer responses that it becomes challenging to implement? (2) Will a withdrawal of promotions of equivalent value produce a less adverse effect than an outright price increase?
author2 Lim, Lewis Kui Suen
author_facet Lim, Lewis Kui Suen
Liau, Florence Ling Ying.
Lin, Xiu Qin.
Or, Wenhui.
format Final Year Project
author Liau, Florence Ling Ying.
Lin, Xiu Qin.
Or, Wenhui.
author_sort Liau, Florence Ling Ying.
title Consumer responses to a price increase vs. a price decrease or a withdrawal of promotion.
title_short Consumer responses to a price increase vs. a price decrease or a withdrawal of promotion.
title_full Consumer responses to a price increase vs. a price decrease or a withdrawal of promotion.
title_fullStr Consumer responses to a price increase vs. a price decrease or a withdrawal of promotion.
title_full_unstemmed Consumer responses to a price increase vs. a price decrease or a withdrawal of promotion.
title_sort consumer responses to a price increase vs. a price decrease or a withdrawal of promotion.
publishDate 2008
url http://hdl.handle.net/10356/10420
_version_ 1770565571527573504