{"id":152084,"date":"2024-07-26T13:20:22","date_gmt":"2024-07-26T17:20:22","guid":{"rendered":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/?p=152084"},"modified":"2024-07-26T14:10:10","modified_gmt":"2024-07-26T18:10:10","slug":"wright-state-marketing-faculty-member-john-dinsmore-quoted-in-marketplace-story","status":"publish","type":"post","link":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/2024\/07\/26\/wright-state-marketing-faculty-member-john-dinsmore-quoted-in-marketplace-story\/","title":{"rendered":"Wright State marketing faculty member John Dinsmore quoted in &#8216;Marketplace&#8217; story on restaurant pricing"},"content":{"rendered":"<div id=\"attachment_152088\" style=\"width: 224px\" class=\"wp-caption alignright\"><a href=\"https:\/\/webapp2.wright.edu\/web1\/newsroom\/2024\/07\/26\/wright-state-marketing-faculty-member-john-dinsmore-quoted-in-marketplace-story\/13952-lisa-cooper-rscob-new-faculty-orientation-8-20-14-2\/\" rel=\"attachment wp-att-152088\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-152088\" class=\"size-medium wp-image-152088\" src=\"https:\/\/webapp2.wright.edu\/web1\/newsroom\/files\/2024\/07\/Dinsmore-John-13952_104-8-14-214x300.jpg\" alt=\"\" width=\"214\" height=\"300\" \/><\/a><p id=\"caption-attachment-152088\" class=\"wp-caption-text\">John Dinsmore, professor of marketing in Wright State&#8217;s Raj Soin College of Business.<\/p><\/div>\n<p>John Dinsmore, Ph.D., professor of marketing at Wright State University, was featured in an article about restaurant pricing in American Public Media&#8217;s &#8220;Marketplace.&#8221;<\/p>\n<p>Consumers may put more trust in restaurants with very specific prices, Dinsmore told &#8220;Marketplace.&#8221;<\/p>\n<p>Whether an item costs $10, $10.28 or $10.99,\u00a0 a customer will likely find it acceptable as long as it\u2019s within the price range they would expect to pay. Where pricing can go wrong is if restaurants \u201cviolate a sense of price fairness,\u201d Dinsmore said.<\/p>\n<p>\u201cConsumers are very fair-minded. They understand that businesses have to make money,\u201d he added.<\/p>\n<p>Read the article, &#8220;$10.24 for a burrito? Here\u2019s why some restaurants don\u2019t round up,&#8221; at <a href=\"https:\/\/www.marketplace.org\/2024\/07\/24\/10-24-for-a-burrito-heres-why-some-restaurants-dont-round-up\/\">marketplace.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>John Dinsmore, Ph.D., professor of marketing at Wright State University, was featured in an article about restaurant pricing in American Public Media&#8217;s &#8220;Marketplace.&#8221; Consumers may put more trust in restaurants with very specific prices, Dinsmore told &#8220;Marketplace.&#8221; Whether an item &hellip; <a href=\"https:\/\/webapp2.wright.edu\/web1\/newsroom\/2024\/07\/26\/wright-state-marketing-faculty-member-john-dinsmore-quoted-in-marketplace-story\/\" class=\"morelink\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":43,"featured_media":152090,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[730],"tags":[],"class_list":["post-152084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wright-state-in-the-news"],"_links":{"self":[{"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/posts\/152084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/comments?post=152084"}],"version-history":[{"count":4,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/posts\/152084\/revisions"}],"predecessor-version":[{"id":152097,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/posts\/152084\/revisions\/152097"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/media\/152090"}],"wp:attachment":[{"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/media?parent=152084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/categories?post=152084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/tags?post=152084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}