Economics at your fingertips  

Eco-Labeling and Retailer Pricing Strategies: The U.K. Haddock Market

Dengjun Zhang (), Geir Sogn-Grundvåg (), Frank Asche () and James A. Young ()
Additional contact information
Dengjun Zhang: Business School, University of Stavanger, Stavanger 4036, Norway
Geir Sogn-Grundvåg: The Norwegian Institute of Food, Fisheries and Aquaculture Research (Nofima), Tromsø 9291, Norway
James A. Young: Marketing and Retail Division, University of Stirling, Stirling FK9 4LA, UK

Sustainability, 2018, vol. 10, issue 5, 1-13

Abstract: In attempts to differentiate their store imagery, grocery retailers frequently introduce new products, which are often rich in extrinsic attributes such as claims regarding healthiness and environmental sustainability. This paper explores retailers’ pricing strategies for product attributes of haddock in the United Kingdom. The results show that retailers’ pricing strategies vary, in particular for extrinsic product attributes such as eco-labels and country-of-origin. The high price premium generated from the most advocated eco-labels and an emphasis upon promotion strategies appear to play a role in the success of high-end retailers, and may have implications for any heightened competitive responses by larger retail chains in the future.

Keywords: product differentiation; retail pricing; hedonic price model; sustainability; eco-labels; haddock (search for similar items in EconPapers)
JEL-codes: Q Q0 Q2 Q3 Q5 Q56 O13 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (application/pdf) (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Sustainability is currently edited by Prof. Dr. Marc A. Rosen

More articles in Sustainability from MDPI, Open Access Journal
Bibliographic data for series maintained by XML Conversion Team ().

Page updated 2019-04-16
Handle: RePEc:gam:jsusta:v:10:y:2018:i:5:p:1522-:d:145717