Why Do Retailers Advertise Store Brands Differently Across Product Categories?
Why Do Retailers Advertise Store Brands Differently Across Product Categories?
复制标题
为什么零售商对不同产品类别的商店品牌进行不同的广告?
DOI:
10.1111/joie.12178
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发表时间:
2019
期刊:
影响因子:
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通讯作者:
Griffith R
中科院分区:
文献类型:
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作者:
Griffith R
We provide new evidence on retailers’ pricing and advertising of store brands in the U.K. grocery markets. We analyse a simple Hotelling model in which retailers and manufacturers endogenously advertise their respective brands; we account for the impact of advertising on retailer–manufacturer bargaining and downstream competition. The model predicts that retailers advertise their store brands less when advertising is more rivalrous. We present empirical evidence consistent with this prediction. According to our model, aggregate consumer surplus can be higher with store brands than when they are absent from the market.
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DOI:
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