Cargando…

The boomerang effect of zero pricing: when and why a zero price is less effective than a low price for enhancing consumer demand

Prior literature has demonstrated the power of zero pricing to boost consumer demand, but the current research shows a novel “boomerang effect”: a zero (vs. low, nonzero) price can lower demand when the offer comes with high incidental costs (e.g., the time cost in commuting to an offline class; the...

Descripción completa

Detalles Bibliográficos
Autores principales: Fan, Xiaomeng, Cai, Fengyan Cindy, Bodenhausen, Galen V.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8852885/
https://www.ncbi.nlm.nih.gov/pubmed/35194264
http://dx.doi.org/10.1007/s11747-022-00842-1