Hostname: page-component-cd9895bd7-fscjk Total loading time: 0 Render date: 2024-12-25T22:48:43.940Z Has data issue: false hasContentIssue false

The Effect of Price on Coupon Redemption: A Case Study of Florida Orange Juice Industry Coupon Programs

Published online by Cambridge University Press:  28 April 2015

Jonq-Ying Lee*
Affiliation:
Florida Department of Citrus and Assistant Professor, Food and Resource Economics Department, University of Florida, Gainesville

Extract

The distribution of coupons offering customers a reduction in the regular purchase price has become an important element of the marketing strategy for many consumer package goods and services. The distribution of manufacturers' cents-off coupons has increased from an estimated 35.7 billion coupons in 1975, to 90.6 billion coupons in 1980, representing an increase of more than 150 percent. In addition, there has been an upward trend in percent of households using coupons, from 65 percent in 1975, to 76 percent in 1980. More than 95 percent of the coupon users bought food items with them in 1980 (A. C. Nielsen Company).

Type
Research Article
Copyright
Copyright © Southern Agricultural Economics Association 1982

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

A.C. Nielsen Company. NCH Reporter, Number 3, 1980.Google Scholar
Bowman, Russ. “Advice of Redeeming Value.” Advertising Age, May 4, 1981, pp. 58, 59.Google Scholar
Chow, Gregory C.Test of Equality between Sets of Coefficients in Two Linear Regression.Econometrica 28(1960:591605.CrossRefGoogle Scholar
Fuller, Wayne and Batiese, George E.. “Transformations for Estimation of Linear Models with Nested-Error Structure.J. Amer. Statis. Assoc. 68(1973):626–32.CrossRefGoogle Scholar
Haugh, Louis J.How Coupons Measure Up.” Advertising Age, June 8, 1981, pp. 5863.Google Scholar
Hoch, Irving. “Estimation of Production Function Parameters Combining Time-Series and Cross-Section Data.Econometrica 30(1962):3453.CrossRefGoogle Scholar
Johnson, Paul R.Some Aspects of Estimating Statistical Cost Functions,J. Farm Econ. 46 (1964): 179–87.CrossRefGoogle Scholar
Kmenta, JanElements of Econometrics. New York: Macmillan Co., 1971.Google Scholar
Maddala, G. S.The Use of Variance Components Model in Pooling Cross-Section and Time Series Data.Econometrica 39(1971):341–58.CrossRefGoogle Scholar
Marketing Research Corporation of America. Consumer Purchases and Average Prices, selected issues.Google Scholar
Mundlak, Yair. “Empirical Production Function Free of Management Bias.J. Farm Econ. 43 (1961):4456.CrossRefGoogle Scholar
NPD Research Inc. NPD Purchase Data. December 1977 to January 1981.Google Scholar
Telser, L. G.Another Look at Advertising and Concentration,J. Industrial Economics. 18(1969): 8594.CrossRefGoogle Scholar
Wallace, T. D. and Hussian, Ashiq. “The Use of Error Components Models in Combining Cross Section with Time Series Data.Econometrica 37(1969):5572.CrossRefGoogle Scholar
Ward, Ronald W. and Davis, James E.. “Coupon Redemption,J. Adver. Res. 18(1978a):5158.Google Scholar
Ward, Ronald W. and Davis, James E.. “A Pooled Cross-Section Time Series Model of Coupon Promotions.Amer. J. Agr. Econ. 60(1978b):393401.CrossRefGoogle Scholar