Optimal pricing and promotional effort control policies for a new product growth in segmented market
Market segmentation enables the marketers to understand and serve the customers more effectively thereby improving company’s competitive position. In this paper, we study the impact of price and promotion efforts on evolution of sales intensity in segmented market to obtain the optimal pric...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
University of Belgrade
2015-01-01
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Series: | Yugoslav Journal of Operations Research |
Subjects: | |
Online Access: | http://www.doiserbia.nb.rs/img/doi/0354-0243/2015/0354-02431300035J.pdf |