• DocumentCode
    3302946
  • Title

    Research on Price and Differentiation Game between Private Label and Manufacturer Brand

  • Author

    Ren, Fangxu

  • Author_Institution
    Sch. of Econ. & Manage., ZhongYuan Univ. of Technol., Zhengzhou, China
  • fYear
    2011
  • fDate
    19-21 May 2011
  • Firstpage
    1
  • Lastpage
    4
  • Abstract
    The literatures related to the price competition between private label (PL) and manufacturer brand are extremely fewer. Based on the Hotelling differentiation model, in the channel structure of the same manufacturer providing products for PL retailer and another retailer selling brand manufacturer, we established the price game model among two retailers and a manufacturer, discussed equilibrium problem of Cournot competition and Stackelberg competition between private label and manufacturer brand, and by comparing the two situations, we got a number of new conclusions: Stackelberg game situation is better than Cournot game for two products. However, at this time consumer´s interests are greatly damaged. The differentiation between private label and manufacturer brand would be useful to retailers and manufacturers.Because of retailers regarding PL as one of their differentiation strategies, this explained the reason that retailer develop own PL.
  • Keywords
    game theory; marketing; pricing; Cournot competition; Hotelling differentiation model; Stackelberg competition; differentiation game; differentiation strategy; manufacturer brand; price game model; private label; Barium; Correlation; Decision making; Games; Marketing and sales; Pricing; Production;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Computer and Management (CAMAN), 2011 International Conference on
  • Conference_Location
    Wuhan
  • Print_ISBN
    978-1-4244-9282-4
  • Type

    conf

  • DOI
    10.1109/CAMAN.2011.5778826
  • Filename
    5778826