Propensity to buy private label merchandise. Issue 1 (12th January 2015)
- Record Type:
- Journal Article
- Title:
- Propensity to buy private label merchandise. Issue 1 (12th January 2015)
- Main Title:
- Propensity to buy private label merchandise
- Authors:
- Beneke, Justin
Brito, Alex
Garvey, Kerry-Anne - Abstract:
- <abstract> <title> <x content-type="archive" xml:space="preserve">Abstract</x> </title> <sec> <title content-type="abstract-heading">Purpose</title> <p> – Establishing and/or developing a portfolio of private label brands (PLBs) is a strategic imperative for most retail chains. The purpose of this paper is to construct, and validate, a holistic conceptual model to investigate the effect of perceived product quality, relative price and risk on perceived product value and, ultimately, willingness to buy these brands. In addition to this, the study seeks to investigate the potential role of store image as an antecedent within the model. </p> </sec> <sec> <title content-type="abstract-heading">Design/methodology/approach</title> <p> – A survey of middle to upper income shoppers was administered in order to determine the magnitude of the above-mentioned effects. The study focused on the market segment of private label breakfast cereal consumers within South Africa. </p> </sec> <sec> <title content-type="abstract-heading">Findings</title> <p> – All relationships in the model were found to be significant at the 5 per cent level, except for store image on perceived risk. The strongest relationship, by some margin, was that between perceived value and willingness to buy PLBs. </p> </sec> <sec> <title content-type="abstract-heading">Practical implications</title> <p> – The myth that a powerful store image can necessarily mitigate high levels of consumer risk was dispelled. In general,<abstract> <title> <x content-type="archive" xml:space="preserve">Abstract</x> </title> <sec> <title content-type="abstract-heading">Purpose</title> <p> – Establishing and/or developing a portfolio of private label brands (PLBs) is a strategic imperative for most retail chains. The purpose of this paper is to construct, and validate, a holistic conceptual model to investigate the effect of perceived product quality, relative price and risk on perceived product value and, ultimately, willingness to buy these brands. In addition to this, the study seeks to investigate the potential role of store image as an antecedent within the model. </p> </sec> <sec> <title content-type="abstract-heading">Design/methodology/approach</title> <p> – A survey of middle to upper income shoppers was administered in order to determine the magnitude of the above-mentioned effects. The study focused on the market segment of private label breakfast cereal consumers within South Africa. </p> </sec> <sec> <title content-type="abstract-heading">Findings</title> <p> – All relationships in the model were found to be significant at the 5 per cent level, except for store image on perceived risk. The strongest relationship, by some margin, was that between perceived value and willingness to buy PLBs. </p> </sec> <sec> <title content-type="abstract-heading">Practical implications</title> <p> – The myth that a powerful store image can necessarily mitigate high levels of consumer risk was dispelled. In general, the results may be used to glean further insight into the consumer's approach to buying PLBs and shape brand managers' actions in building these brands. </p> </sec> <sec> <title content-type="abstract-heading">Originality/value</title> <p> – This study draws on the collective works of Beneke <italic>et al</italic>. (2013), Snoj <italic>et al.</italic> (2004) and Sweeney <italic>et al.</italic> (1999) in exploring this issue. However, the research advances the discussion by considering a low-involvement product category and the inclusion of an additional antecedent – store image.</p> </sec> </abstract> … (more)
- Is Part Of:
- International journal of retail & distribution management. Volume 43:Issue 1(2015)
- Journal:
- International journal of retail & distribution management
- Issue:
- Volume 43:Issue 1(2015)
- Issue Display:
- Volume 43, Issue 1 (2015)
- Year:
- 2015
- Volume:
- 43
- Issue:
- 1
- Issue Sort Value:
- 2015-0043-0001-0000
- Page Start:
- 43
- Page End:
- 62
- Publication Date:
- 2015-01-12
- Subjects:
- Retail trade -- Management -- Periodicals
Physical distribution of goods -- Management -- Periodicals
658.87 - Journal URLs:
- http://www.emeraldinsight.com/0959-0552.htm ↗
http://www.emeraldinsight.com/ ↗ - DOI:
- 10.1108/IJRDM-09-2013-0175 ↗
- Languages:
- English
- ISSNs:
- 0959-0552
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 4542.537800
British Library DSC - BLDSS-3PM
British Library STI - ELD Digital store - Ingest File:
- 3145.xml