Template-Type: ReDIF-Paper 1.0 Author-Name: Sloot, L.M. Author-Name-Last: Sloot Author-Name-First: Laurens Author-Name: Verhoef, P.C. Author-Name-Last: Verhoef Author-Name-First: Peter Author-Person: pve19 Author-Name: Franses, Ph.H.B.F. Author-Name-Last: Franses Author-Name-First: Philip Hans Author-Person: pfr226 Title: The impact of brand and category characteristics on consumer stock-out reactions Abstract: We develop two models to test hypotheses on the specific impact of brand and category characteristics on consumer stock-out responses. Our empirical results show that both characteristics are important determinants. Consumers are more product loyal in hedonic product groups than in utilitarian product groups and consumers are more brand loyal to high equity brands than to low equity brands. Brand loyalty is especially strong for high equity brands in hedonic product groups. Our study also confirms findings from prior research on OOS reactions. Theoretical and managerial implications of the findings of the study are discussed. Creation-Date: 2002-11-25 File-URL: https://repub.eur.nl/pub/257/erimrs20021125174407.pdf File-Format: application/pdf Series: RePEc:ems:eureri Number: ERS-2002-106-MKT Classification-JEL: C44, M, M31, M39 Keywords: brand management, consumers, fast moving consumer goods, marketing-models, retailing Handle: RePEc:ems:eureri:257