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Estimating The Importance Of Shelf Space Configuration On Retailer'S Profit

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Author Info
Maud ROUCAN-KANE ()
Bobby MARTENS ()
Paul PRECKEL () (Department of Agricultural Economics, College of Agriculture, Purdue University)
Abstract

Retail shelf space allocation remains a central issue in grocery retailing. A literature review produced many studies on retail shelf space allocation, but none which evaluated shelf space allocation using three major factors at once: space, vertical height, and price. In this study, shelf space allocation was modeled from the perspective of a retailer maximizing profit using space, vertical height, and price. Using benchmarking, the results show how shelf configuration affects consumer demand and retailer profit. Parameters for the model were based on experience-based intuition. Although the initial results are not valuable at this point, the method and results create a rationale and motivation to gather primary data. Once primary data is collected, this methodology has important applications. First, it develops an understanding of which parameters are important in determining optimal shelf space configuration. Second, a properly specified model would determine retailer's profit for specific shelf level configurations.

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File URL: http://ageconsearch.umn.edu/bitstream/7330/2/wp070006.pdf
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Publisher Info
Paper provided by Purdue University, College of Agriculture, Department of Agricultural Economics in its series Working Papers with number 07-06.

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Length: 23 pages
Date of creation: 2007
Date of revision:
Handle: RePEc:pae:wpaper:07-06

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Related research
Keywords: shelf space allocation retail optimization grocery elasticity GAMS ketchup.

Find related papers by JEL classification:
C61 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Optimization Techniques; Programming Models; Dynamic Analysis
L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce

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This page was last updated on 2008-10-31.


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