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Cited by 334

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The Value of Unit Price Information

Russo, J. Edward·1977·Journal of Marketing Research

Abstract

When unit prices were posted on separate shelf tags in a supermarket, consumer expenditures decreased by 1%. When unit prices were displayed also on an organized list, consumer savings were 3%. In addition, the list format caused a 5% increase in the market shares of store brands. The benefits to both consumers and retailers justify the cost of providing unit price information on a widespread basis.

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Metadata

Authors
Russo, J. E.
Venue
Journal of Marketing Research
Published
1977-05
Volume
14
Issue
2
Pages
193-201
ISSN
  • 0022-2437 (ISSN-L)
  • 1547-7193
OpenAlex
W2018909423
Cited by
334
References
0
FWCI
15.04
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: The Value of Unit Price Information. https://app.cochat.ai/papers/10.1177/002224377701400207
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Russo, J. E. (1977). The Value of Unit Price Information. Journal of Marketing Research. https://doi.org/10.1177/002224377701400207

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.