Back to Search
Start Over
A new geographical pricing model within the principle of geomarketing-mix
- Source :
- Recherche et Applications en Marketing (English Edition), Recherche et Applications en Marketing (English Edition), SAGE Publications, 2020, 35(3) 29– 51
- Publication Year :
- 2020
- Publisher :
- HAL CCSD, 2020.
-
Abstract
- International audience; This article introduces a new model which aims at spatially optimizing the price of a product or service by considering supply and demand features, including their geographical location. Introducing the concept of a geomarketing-mix, factorial analysis and fuzzy clustering can be employed to automatically detect business and strategic opportunities. The method is applied to the French secondhand car market. By so doing, it is possible, first, to identify geographic areas that are typical of a certain supply and, second, to specify the optimal prices and types of vehicles for sale in these areas in view of a given marketing strategy.
- Subjects :
- IRG_AXE3
Supply and demand
0502 economics and business
optimized location models
morphological analysis
Product (category theory)
algorithm pricing
050207 economics
Location
Geomarketing
pricing strategy
Industrial organization
geomarketing-mix
Marketing
Service (business)
Geographical pricing
big data in marketing
05 social sciences
artificial intelligence
spatial clustering
Spatial clustering
[SHS.GESTION]Humanities and Social Sciences/Business administration
050211 marketing
Business
[SHS.GESTION] Humanities and Social Sciences/Business administration
geopricing
Subjects
Details
- Language :
- English
- ISSN :
- 20515707
- Database :
- OpenAIRE
- Journal :
- Recherche et Applications en Marketing (English Edition), Recherche et Applications en Marketing (English Edition), SAGE Publications, 2020, 35(3) 29– 51
- Accession number :
- edsair.doi.dedup.....9a5b8ee3d9e7314f4b73a3e445556bdc