Street Marketing: How Proximity and Context drive Coupon Redemption

Purpose - In 2009, U.S. coupons set a new record of 367 billion coupons distributed. Yet, while coupon distribution is on the rise, redemption rates remain below 1%. This article shows how recognizing context variables, such as proximity, weather, part of town and financial incentives interplay t...

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Bibliographic Details
Main Authors: Spiekermann, Sarah, Rothensee, Matthias, Klafft, Michael
Format: Others
Language:en
Published: Emerald 2011
Subjects:
Online Access:http://epub.wu.ac.at/3321/1/2011_Location_Coupons_as_uploaded.pdf
http://dx.doi.org/10.1108/07363761111143178