Positioning of new brands in an experiment

Positioning of new brands in an experiment

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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: ,
Keywords: marketing
Abstract:

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.

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