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Journal of Marketing Research 2005

Ruminating about Placebo Effects of Marketing Actions

Baba Shiv1; Ziv Carmon2; Dan Ariely3

1 Stanford University · 2 Institut National de Statistique et d'Economie Appliquée · 3 Massachusetts Institute of Technology

Abstract

In Shiv, Carmon, and Ariely (2005) , the authors demonstrate that marketing actions such as price promotions and advertising evoke consumer expectations, which can alter the actual efficacy of the marketed product, a phenomenon they call ”placebo effects of marketing actions.” In this rejoinder, they build on the preceding commentaries and refine their framework to account more fully for factors that may influence this placebo effect, and they describe directions for further research in this new topic area.

DOI
10.1509/jmkr.2005.42.4.410
Sources
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