A provider-cost patron-effort schema for classifying products
Article Abstract:
Since the commodity-oriented thinkers of marketing's early history, marketers have sought a valid schema for classifying products. Currently, the marketing literature is dominated by two types of schemata for classifying products: product-based and consumer cost-based. Despite marketing tenets such as 'exchange is the focal notion of marketing' and 'good marketing theory integrates the perspectives of firms and consumers,' non existing schema embodies either exchange or a dual firm consumer perspective. After reviewing the existing classificational schemata, one such schema is proposed and evaluated. The two classifying dimensions of this schema are providers' relative variable costs (PRVC) and patrons' relative effort (PRE). Crossing high and low levels of PRVC and PRE yields four product categories: low cost effort, patron-effort heavy, provider-cost heavy, and high cost effort. (Reprinted by permission of the publisher.)
Publication Name: Journal of the Academy of Marketing Science
Subject: Business
ISSN: 0092-0703
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Automatic Dialers Ring-Up Time and Cost Savings
Article Abstract:
Automatic dialers can save time and money for direct marketers. They can store numbers of frequently dialed numbers. Usually, automatic dialers are stand-alone devices, not connected to computers. Dialing speed, ease of installation and price are all considerations before buying. Competition and improved technology have reduced prices for automatic dialers substantially. Divestiture of AT&T is expected to increase the effectiveness of automatic dialing.
Publication Name: Telemarketing
Subject: Business
ISSN: 0730-6156
Year: 1983
User Contributions:
Comment about this article or add new information about this topic:
The High Cost of Production
Article Abstract:
The cost of producing a television commercial continues to rise. Reasons for the rising prices are examined. Proper planning can help to keep costs down. Other methods to keep costs down are discussed.
Publication Name: Madison Avenue
Subject: Business
ISSN: 0024-9483
Year: 1984
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: A comparison of selected methods for forecasting monthly alfalfa hay prices. Sticky short-run prices and vertical pricing: evidence from the market for iceberg lettuce
- Abstracts: Considerations of cost trade-offs in insurance solvency surveillance policy
- Abstracts: The two-sided nature of a futures contract: its meaning and relevance to OTC derivatives. The ins and outs of calls and puts
- Abstracts: Qualitative recruitment report of the industry Working Party. Is the growing popularity of opera in Britain just another nineties media myth? Market research provides the answer
- Abstracts: The hardest sell: infomercial mavens say the big brands are coming. The ad budget: top 200 brands use all months to decide