Abstract
We consider a differential game model for a marketing channel formed by one manufacturer and one retailer. The latter sells the manufacturer's product and may also introduce a private label at a lower price than the manufacturer's brand. The aim of this paper is twofold. We first assess in a dynamic context the impact of a private label introduction on the players' payoffs. If this is beneficial for the retailer to propose his brand to consumers and detrimental to the manufacturer, we wish then to investigate if a cooperative advertising program could help the manufacturer to mitigate the negative impact of the private label.
Keywords
- Game Model
- Dynamic Game
- Brand Image
- Private Label
- Store Brand
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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Karray, S., Zaccour, G. (2005). A Differential Game of Advertising for National and Store Brands. In: Haurie, A., Zaccour, G. (eds) Dynamic Games: Theory and Applications. Springer, Boston, MA. https://doi.org/10.1007/0-387-24602-9_11
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DOI: https://doi.org/10.1007/0-387-24602-9_11
Publisher Name: Springer, Boston, MA
Print ISBN: 978-0-387-24601-7
Online ISBN: 978-0-387-24602-4
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