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Connor, John M.. |
This paper surveys developments in analytical models and empirical findings concerning the strategic use of manufacturers' coupons for U.S. grocery products. Traditional theories examine the horizontal effects of coupons as a strategy to charge various classes of consumers different prices. Recent developments focus on the use of coupons in manufacturer-retailer vertical competition. The paper provides data on trends in couponing: numbers, face values, redemption rates, total promotional costs, and international usage. The paper further analyses the effective price discounts provided by coupons across brands and segments of ready-to-eat cereals during 1992-1995. |
Tipo: Working or Discussion Paper |
Palavras-chave: Coupons; Sales strategies; Vertical competition; Food products; Ready-to-eat cereals.; Industrial Organization; Marketing. |
Ano: 1997 |
URL: http://purl.umn.edu/14344 |
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