Assortment Variety: Attribute -- Versus Product Based
                    
                        
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منابع مشابه
Variety : Attribute - versus Product - Based
Retailers need to decide on the content and structure of their product assortments, and thereby on the degree of variety that they offer to their customers. This paper compares measures of assortment variety and relates them to underlying variety components. We conceptualize assortment variety from a product and an attribute perspective, compare extant measures of assortment variety, and examin...
متن کاملAssortment: an Attribute-based Approach
Most supermarket categories are cluttered with items or SKUs (stock-keeping units) that differ very little at the attribute level. Previous research has found that reductions (up to 54%) in the number of low-selling SKUs need not affect perceptions of variety, and therefore sales, significantly. In this research, we analyze data from a natural experiment conducted by an online grocer in which 9...
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In recent years, interest in category management has surged, and as a consequence, large retailers now systematically review their product assortments. Variety is a key property of assortments. Assortment variety can determine consumers’ store choice and is only gaining in importance with today’s increasing numbers of product offerings. To support retailers in managing their assortments, insigh...
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We study the use of variety and quality of a product line as strategic tools, and specifically the link between quality and the composition of product assortments. We observe that individual stores offer assortments such that the same ice cream flavors from brands within the same quality tier do not appear on store shelves at the same time. This suggests that retailers may use flavor selection ...
متن کاملProduct Assortment Competition with the Decoy Effect
The fraction of customers who choose a particular item from among a set of available items can be increased significantly by the inclusion of a related inferior (and apparently irrelevant) item in the choice set. This violation of the independence from irrelevant alternatives and the regularity properties is called the decoy effect, dominance effect, or attraction effect. The decoy effect is on...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2001
ISSN: 1556-5068
DOI: 10.2139/ssrn.246956