Strategies
The secret to in-store displays: Where to place discounted products relative to regularly priced products to maximize sales
The key question is: Do price promotions on some products differentially impact demand for other products depending on their relative locations within a display? This new study concludes that the answer is yes.
Strategies
Renting out your place? Human connection key to a successful holiday rental
Warmth, friendliness and a sense of belonging, or the “homely” side of the experience, strengthen guest loyalty, making them more likely to return to the same host. However, these feelings alone didn’t necessarily make guests more likely to recommend the property to others.
BizNews
In-aisle store displays might crowd shoppers and reduce overall sales
Retailers might seek strategies to boost product exposure without also increasing crowding – especially for cart shoppers who may experience greater crowding effects – and that excessive use of in-aisle fixtures will likely dampen sales at the aggregate level rather than increasing it.
BizNews
Structure of online reviews shapes their helpfulness
Reviews that grow increasingly positive are most helpful to readers, while those that turn negative are least helpful. For average-rated products, progressively negative trajectories enhance helpfulness, whereas reviews that start negative and grow positive are least effective.
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BizNews3 weeks agoLong-serving CEOs may weaken innovation, study finds
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Ethical Biz3 weeks agoCanon Marketing Philippines leads Brigada Eskwela to help prepare Lagro High School for new school year
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BizListing3 weeks agoHow Charlie sells wanton with nostalgia
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BizListing2 weeks agoStill developing its approaches? Checking out The Beef Deli in Malolos, Bulacan
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BizNews2 weeks agoOffice owners or managers, take note: Increased risk of bullying in open-plan offices
