Premium private label: how product value, trust and category involvement influence consumers willingness to buy
Autor: | Giuseppe Bertoli, Marta Imperato, Bruno Giuseppe Busacca |
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Rok vydání: | 2020 |
Předmět: |
PREMIUM PRIVATE LABELS
UTILITARIAN VAUE HEDONIC VALUE TRUST INVOLVEMENT INVOLVEMENT HEDONIC VALUE Store loyalty Brand Private Label Premium private label hedonic product functional product Brand Private Label Premium private label 05 social sciences functional product Advertising General Medicine PREMIUM PRIVATE LABELS Competitive advantage UTILITARIAN VAUE Private label hedonic product 0502 economics and business Value (economics) Product value 050211 marketing Business TRUST 050203 business & management |
Zdroj: | Italian Journal of Marketing. 2020:143-161 |
ISSN: | 2662-3331 2662-3323 |
DOI: | 10.1007/s43039-020-00012-7 |
Popis: | Premium private labels (PPLs) are applied to products with distinctive features with prices equal, and sometimes even higher, than those of the category leaders. The objective of the retailers is to obtain, in the minds of consumers, the same positioning of national brands. So, PPLs are becoming more and more crucial for competitive advantage and store loyalty. Starting from this evidence, this paper aims to contribute to the advancement of knowledge on the subject, analyzing the impact of consumer trust in retailer, consumer involvement and product value on consumer willingness to buy PPLs. Data for hypotheses testing were collected through a 2 × 2 × 2 experiment between subjects, in which different groups of consumers were randomly exposed to different experimental conditions. Results show that: (a) consumer trust in retailer positively influences consumer’s willingness to buy in case of products with hedonic value; (b) consumer involvement has a significant main effect and there is a significant two-way interactions between trust and involvement; (c) when consumer trust in retailer is low, non-involved consumers show a greater willingness to buy the PPL for products with utilitarian rather than hedonic value. |
Databáze: | OpenAIRE |
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