Article ID: | iaor20073185 |
Country: | Germany |
Volume: | 14 |
Issue: | 4 |
Start Page Number: | 435 |
End Page Number: | 454 |
Publication Date: | Dec 2006 |
Journal: | Central European Journal of Operations Research |
Authors: | Hofer Vera, Ladner Klaus |
Keywords: | marketing |
This paper deals with an experimental investigation of positioning new brands. For this purpose, a management game was carried out with students. The brands introduced in the cause of the game were analysed in respect to their positions in a two-dimensional feature space. We try to find out which of the two strategies, niche policy and imitation, is more frequently used in complex decision situations and if there is a difference in profits. Furthermore, we want to find out, whether differences of prices and advertising exist in our experiment depending on the positioning strategy used.