Evaluating promotional pricing effectiveness using convenience store daily sales data

N Phumchusri, W Kosawanitchakarn… - Journal of Revenue and …, 2023 - Springer
One of the activities that can grab customers attention and rise sales for convenience stores
is promotional pricing strategy. Our study aims to examine the effects of promotional pricing …

Price promotion optimization model for multiperiod planning: a case study of beauty category products sold in a convenience store chain

N Phumchusri, T Chewcharat… - Journal of Revenue and …, 2024 - Springer
Pricing strategy is vital in the retail sector as prices play an important role in driving revenues
and profits. However, few studies have been conducted on retail promotion optimization …

Duration of price promotion and product profit: An in-depth study based on point-of-sale data

Z Li, K Yada, Y Zennyo - Journal of Retailing and Consumer Services, 2021 - Elsevier
Anecdotal evidence has shown that retail price promotions can help small and medium-
sized retailers enhance their sales, and thus profits. However, most marketing managers …

An analysis of retail promotional pricing effectiveness using agent-based modeling

C Binsriavanich, N Phumchusri - Journal of Revenue and Pricing …, 2024 - Springer
In contemporary urban contexts, retail establishments have emerged as essential
components of city life, engaging in fierce competition to capture consumer attention and …

Identifying the underlying structure of demand during promotions: A structural equation modelling approach

U Ramanathan, L Muyldermans - Expert systems with applications, 2011 - Elsevier
It is widely recognized that promotions enhance product sales. Other factors such as
seasonality, special days, customer preferences and economic factors may also have an …

The effect of sales promotions intensity on volume and variability in category sales of large retailers

Ö Zeybek, B Ülengin - Journal of Marketing Analytics, 2022 - Springer
Marketing is a system and operational process which includes various interconnected
subsystems, harmonising with contributor elements to reach maximum efficiency. In this …

Using daily store-level data to understand price promotion effects in a semiparametric regression model

MP Martínez-Ruiz, A Mollá-Descals… - Journal of Retailing and …, 2006 - Elsevier
Though it has been widely reported in the marketing literature that temporary price discounts
generate substantial short-term sales increase, the shape of the deal effect curve constitutes …

Identifying demand factors for promotional planning and forecasting: A case of a soft drink company in the UK

U Ramanathan, L Muyldermans - International journal of production …, 2010 - Elsevier
In recent years, promotions have become a common practice in many retail outlets. Usually
these promotions are planned collaboratively by manufacturers and retailers, who jointly …

How Can Price Promotions Make Consumers More Interested? An Empirical Study from a Chinese Supermarket

J Niu, S Jin, G Chen, X Geng - Sustainability, 2024 - mdpi.com
Price promotions are commonly employed to enhance supermarket performance and the
sustainable development of the retail industry, yet their effectiveness may vary among …

How do price promotions affect customer behavior on retailing platforms? Evidence from a large randomized experiment on Alibaba

DJ Zhang, H Dai, L Dong, F Qi… - Production and …, 2018 - journals.sagepub.com
With the explosion of available data about customers' purchases, browsing habits, and
mobile locations, a growing number of retailers have begun to use dynamic pricing as a …