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The Value of Unit Price Information

The Value of Unit Price Information When unit prices were posted on separate shelf tags in a supermarket, consumer expenditures decreased by 1%. When unit prices were displayed also on an organized list, consumer savings were 3%. In addition, the list format caused a 5% increase in the market shares of store brands. The benefits to both consumers and retailers justify the cost of providing unit price information on a widespread basis. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Marketing Research SAGE

The Value of Unit Price Information

Journal of Marketing Research , Volume 14 (2): 9 – May 1, 1977

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References (20)

Publisher
SAGE
Copyright
© 1977 American Marketing Association
ISSN
0022-2437
eISSN
1547-7193
DOI
10.1177/002224377701400207
Publisher site
See Article on Publisher Site

Abstract

When unit prices were posted on separate shelf tags in a supermarket, consumer expenditures decreased by 1%. When unit prices were displayed also on an organized list, consumer savings were 3%. In addition, the list format caused a 5% increase in the market shares of store brands. The benefits to both consumers and retailers justify the cost of providing unit price information on a widespread basis.

Journal

Journal of Marketing ResearchSAGE

Published: May 1, 1977

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