“…Price promotions are special low‐price offers initiated by manufacturers or distributors to stimulate demand (Gerstner & Hess, ). In general, receiving a price discount offer leads consumers to buy more (Schindler, ; Schindler, Lala, & Grussenmeyer‐Corcoran, ; Vicdan, Chapa, & de los Santos, ). More specifically, price promotions can have an impact on decisions about when, what, and how much to buy (Chen, Monroe, & Lou, ; Davis, Inman, & McAlister, ; Inman & McAlister, ; Inman, McAlister, & Hoyer, ).…”