When and how brands affect importance of product attributes in consumer decision process

Hyun Young Park (First Author), Sue Ryung Chang (Participant Author)

科研成果: 期刊稿件期刊论文

6 引用 (Web of Science)
266 下载量 (Pure)

摘要

Purpose This research investigates when and how brands influence attribute importance weights. Most past studies modelling consumer decision processes treated the brand of a product as an attribute parallel to the price, color or size of a product, and as a result, those studies assigned an equal (i.e. non-contingent) importance weight across brands for each attribute. In contrast, this study introduces a brand-contingent attribute-weighting process, in which brand is a higher-order construct that influences attribute importance. Design/methodology/approach This study presents a multi-level choice model in which the importance weight of an attribute can vary across brands. This study then estimates the model using real purchase data and survey data from an airline industry. Findings This study finds that attribute importance weights are contingent upon two aspects of a brand - the perceived relative position of the brand and consumers' brand usage experiences. Specifically, when consumers perceive a brand to be inferior to its competitors in a given attribute, they generally place greater weight on that attribute for that brand. In contrast, when consumers perceive a brand to be superior to its competitors in a given attribute, only consumers with extensive brand usage experiences place greater weight on that attribute for that brand. Practical implications The findings provide managerial insights on brand positioning and segmentation strategies using consumers' brand usage experiences. Originality/Value This study advances the literature on consumer decision processes by modeling an attribute-weighting process that is contingent upon brands. The present study models this process based on consumer behavior theories and estimates the model using real market data.
源语言英语
页(从-至)1-25
页数25
期刊European Journal of Marketing
56
13
DOI
出版状态已出版 - 19 12月 2022

Corresponding author email

hpark@ceibs.edu

Project sponsor

Other

Project name

CEIBS;;Yonsei University

Project No.

3HMJA;;2020-22-0394

关键词

  • Brand experience
  • Brands
  • Importance weight
  • Modeling consumer behavior
  • Negativity effect
  • Positioning

成果物的来源

  • ABDC-A*
  • SSCI
  • Scopus

指纹

探究 'When and how brands affect importance of product attributes in consumer decision process' 的科研主题。它们共同构成独一无二的指纹。

引用此