Figure 2From “What is a price promotion?”
A price promotion record
Write down the offer, the baseline, the expected source of sales, buyers' expectations, rivals' response and the read-out before the deal runs.
Figure 2A price promotion record
Source: Author's decision worksheet. The offer and expectations fields follow Kalwani and Yim (1992), pp. 91, 94 and 98; the source field follows Pauwels et al. (2002), pp. 422 and 436 to 437; the rivals field follows Ailawadi et al. (2001), p. 49; the read-out field follows Pauwels et al. (2002), p. 437. The fields are reader inputs; no company data is supplied.

From the essay
Pricing & revenue architecture
What is a price promotion?
A price promotion is a temporary price cut announced to buyers. It lifts sales at once, and buyers who see it often may buy the brand less without it.
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