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McKenna Griffin
on Nov 24, 2024

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Researchers find that promotions such as price discounts, rebates, coupons, and loyalty rewards are more effective for hedonic purchases than for utilitarian purchases.

Hedonic Purchases

Purchases made for pleasure and enjoyment rather than practical reasons.

Utilitarian Purchases

Buying goods or services based on their practical use and functionality rather than their aesthetic or emotional appeal.

  • Identify the mechanisms behind promotional strategies and their effectiveness based on the type of purchase.
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Nathan OkuraNov 30, 2024
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