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NHH Brage
Master thesis . 2017
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The influence of price colour on price perception: a master thesis on behavioural pricing

Authors: Petrich, Dorian Alexander;

The influence of price colour on price perception: a master thesis on behavioural pricing

Abstract

It is well known in marketing that colour imposes an important influence on human behaviour. However, only little research has been dedicated to the influence of price colour on price judgement for non-discounted prices. Within the framework of this master thesis, two experiments are conducted and analysed, one with a focus on offline distribution (retail store setting) and one paying special attention to online channels. The influence of red or blue coloured prices is evaluated with regards to perceived price, perceived value, and purchase intention. Price and value are shown to be perceived significantly better if coloured prices are used. This fact holds true for the offline and, frequently, the online setting as well as for red and for blue price colour. The effects are more common for low involvement products compared to high involvement offerings. Furthermore, the results indicate that priming the respective colour enhances the influence of coloured prices. Limitations as well as theoretical and practical implications are discussed and further research directions are suggested.

nhhmas

Country
Norway
Related Organizations
Keywords

marketing, brand management

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Green