scholarly journals The Effect of Product Type on Consumer Preferences for Website Content Elements: An Empirical Study

2010 ◽  
Vol 16 (1) ◽  
pp. 139-170 ◽  
Author(s):  
Tibert Verhagen ◽  
Jaap Boter ◽  
Thomas Adelaar
2010 ◽  
Vol 17 (7) ◽  
pp. 472-487 ◽  
Author(s):  
Tsan-Ming Choi ◽  
Na Liu ◽  
Shuk-Ching Liu ◽  
Joseph Mak ◽  
Yeuk-Ting To

2011 ◽  
Vol 14 (4) ◽  
pp. 443-459 ◽  
Author(s):  
Christian Schlereth ◽  
Bernd Skiera ◽  
Agnieszka Wolk

Metered pricing plans for services enable companies to increase their profits. Yet measuring consumer preferences for different forms of metered pricing is difficult, because metered prices simultaneously influence three consumer decisions: to purchase the service, to choose a particular pricing plan, and to use a particular quantity. These decisions strongly influence the number of customers that use the service, their usage, and profit. This article develops and validates augmented conjoint analysis methods that capture the interplay among these three decisions and allow for predicting the effects that different metered pricing plans have on consumer behavior and company’s profit. The empirical study reveals that the optimal two-part pricing plan yields 36–49% higher profits than optimal pay-per-use or flat rate pricing plans. Consumers' reactions to changes in metered pricing plans are very heterogeneous. The fixed fee of a two-part pricing plan strongly influences the number of subscribers but hardly influences their usage. In contrast, changes in marginal prices strongly affect consumers' usage but not their subscription. Data collected through ranking- and choice-based conjoint analysis yield comparable willingness-to-pay estimates and substantially outperform contingent valuation. Market researchers should also use pricing plan formats instead of usage formats to elicit the preferences for two-part pricing plans.


2020 ◽  
Vol 122 (7) ◽  
pp. 2341-2358 ◽  
Author(s):  
Tatiana Drugova ◽  
Kynda R. Curtis ◽  
Sherzod B. Akhundjanov

PurposeThis paper examines determinants of consumer interest in organic versions of wheat products by analyzing differences in selected factors among groups of consumers, distinguished by their likelihood of purchasing organic wheat products. The analysis is performed for bread and cookies to examine whether the findings are different for virtue and vice food categories.Design/methodology/approachA consumer survey was conducted across the western United States in 2017. Latent class modeling is used to identify groups of “very likely,” “likely” and “unlikely” consumers of organic wheat products, based on preferences for organic wheat products and attitudes toward organics in general.FindingsConsumer preferences and willingness to pay (WTP) for organic foods depend on product type. Additionally, significant differences are found across consumer groups—regardless of product type—in the importance they place on labels and product characteristics, WTP, reasons for (not) purchasing organic products and consumption limitations.Research limitations/implicationsThe group of organic consumers may be underrepresented in the sample. In addition, since actual behavior was not observed—respondents provided only stated preferences or responses to hypothetical questions—the results should be interpreted carefully.Originality/valueFew studies have examined preferences for organic wheat products across consumer groups. This study is also the first to examine the connection between wheat/gluten intolerance/avoidance and preference for organic versions of wheat products. Finally, this study adds to the limited literature on consumer preferences for organic virtue and vice food products.


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