Mark-down pricing: An empirical analysis of policies and revenue potential at one apparel retailer

Mark-down pricing: An empirical analysis of policies and revenue potential at one apparel retailer

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Article ID: iaor20061948
Country: United Kingdom
Volume: 1
Issue: 2
Start Page Number: 139
End Page Number: 160
Publication Date: Jul 2002
Journal: Journal of Revenue and Pricing Management
Authors: , ,
Keywords: commerce
Abstract:

The results of an analysis of sales and price data from a speciality retailer of women's apparel are reported. The data set contains 184 styles sold during the Spring 1993 season. A demand model similar to those in the existing literature is hypothesised, fitted to the data, and then analysed to obtain estimates of revenues under various pricing policies. Both full information and adaptive policies are considered.

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