Most of the catalogue retailers during the 2007 Christmas season offered buyers price reductions,coupons,two-for-one buying opportunities and/or free delivery.This is because these catalogue retailers operate in:

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Catalogue retailers are typically characterized by monopolistic competition, in which firms differentiate their products through marketing, service, and other features. As a result, price discounts and other promotional offers are often used to attract customers and increase sales. This is in contrast to pure competition, in which firms sell identical products and have no control over prices, or an oligopoly, in which a few large firms dominate the market and can coordinate prices and reduce competition. Cross-market competition, which occurs when firms compete in different markets or industries, is not relevant to the description of catalogue retailers.

Most of the Catalogue Retailers During the 2007 Christmas Season