Journal article
Are Men Seduced by Red? The Effect of Red Versus Black Prices on Price Perceptions
Journal of retailing, v 89(2)
Jun 2013
Abstract
[Display omitted]
► Male consumers perceived greater savings when prices were presented in red than when presented in black. ► Effect of red abated when the level of involvement in the task was high. ► Men expressed more positive emotions toward retail ads when prices were presented in red. ► Women appeared to be naturally inclined toward greater elaboration of the ad and showed greater price recall.
Although the use of color in promotional ads is ubiquitous in the market, little is known about the impact of color on price perception. This research reports findings from four studies that assessed the impact of red on consumers’ perceptions of savings. These studies reveal that the effect of red versus black prices on perception of savings is moderated by gender. Male consumers perceived greater savings when prices were presented in red than when presented in black (studies 1a and 1b). The effect persists in a multi-ad context (study 2). However, this effect of red abated when the level of involvement in the task was high (study 3). Women appeared to be naturally inclined toward greater elaboration of the ad and showed greater price recall. Theoretical and practical implications are discussed.
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Details
- Title
- Are Men Seduced by Red? The Effect of Red Versus Black Prices on Price Perceptions
- Creators
- Nancy M. Puccinelli - Oxford Institute of Retail Management, Saïd Business School, Oxford University, Park End Street, Oxford OX1 1HP, UKRajesh Chandrashekaran - Fairleigh Dickinson UniversityDhruv Grewal - Babson CollegeRajneesh Suri - Drexel University
- Publication Details
- Journal of retailing, v 89(2)
- Publisher
- Elsevier
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Bennett S. LeBow College of Business
- Web of Science ID
- WOS:000319177900001
- Scopus ID
- 2-s2.0-84876713238
- Other Identifier
- 991019167743404721
InCites Highlights
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- Collaboration types
- Domestic collaboration
- International collaboration
- Web of Science research areas
- Business