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Battling Deceptive Pricing: How Revealing the "True Normal Price" Can Protect Consumers

Battling Deceptive Pricing: How Revealing the "True Normal Price" Can Protect Consumers

FromThe JM Buzz


Battling Deceptive Pricing: How Revealing the "True Normal Price" Can Protect Consumers

FromThe JM Buzz

ratings:
Length:
4 minutes
Released:
Jul 27, 2023
Format:
Podcast episode

Description

A new Journal of Marketing study proposes a requirement that sellers disclose "true normal prices" to help calm the out-of-control promotional pricing environment.

Read an in-depth recap of this research here: https://www.ama.org/2023/05/02/battling-deceptive-pricing-how-revealing-the-true-normal-price-can-protect-consumers/

Read the full Journal of Marketing article here: https://doi.org/10.1177/00222429231164640

Reference:  Richard Staelin, Joel E. Urbany, and Donald Ngwe, “Competition and the Regulation of Fictitious Pricing,” Journal of Marketing
Narrator: Elizabeth Ann Sismour
Acknowledgments: Aman Soni
Topics: fictitious pricing, competition, pricing regulation, consumer welfare, marketing, marketing research
Released:
Jul 27, 2023
Format:
Podcast episode

Titles in the series (67)

The JM Buzz discusses cutting-edge marketing research. In each episode, we outline a forthcoming article in Journal of Marketing, the premier scholarly journal in the marketing field. Enjoy! The JM Buzz is a production of the Journal of Marketing and is produced by University FM.