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Low prices are just the beginning Price image in retail management

By: Contributor(s): Material type: Mixed materialsMixed materialsPublication details: 2013Description: 1-20Subject(s): NLM classification:
  • 658.87
In: JOURNAL OF MARKETINGMSummary: Recent managerial evidence and academic research has suggested that consumer decisions are influenced not only by the prices of individual items but also by a retailer's price image, which reflects a consumer's impression of the overall price level of a retailer. Despite the increasing importance of price image in marketing theory and practice, existing research has not provided a clear picture of how price images are formed and how the imfluence consumer behavior.
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Recent managerial evidence and academic research has suggested that consumer decisions are influenced not only by the prices of individual items but also by a retailer's price image, which reflects a consumer's impression of the overall price level of a retailer. Despite the increasing importance of price image in marketing theory and practice, existing research has not provided a clear picture of how price images are formed and how the imfluence consumer behavior.

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