Consumer Decision Making: A Model of the Effects of Involvement, Source Credibility, and Location on the Size of the Price Difference Required to Induce Consumers to Change Suppliers: ABSTRACT

A model is presented for analyzing the effects of involvement, source credibility, and location on consumers' reactions to price changes. The model is based on a schema proposed by Jacoby and Olson (1977) to explain consumers' reactions to price. Evidence is presented that strongly indicat...

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Veröffentlicht in:Psychology & marketing 1992-05, Vol.9 (3), p.191
Hauptverfasser: Gotlieb, Jerry B, Schlacter, John L, St Louis, Robert D
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creator Gotlieb, Jerry B
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description A model is presented for analyzing the effects of involvement, source credibility, and location on consumers' reactions to price changes. The model is based on a schema proposed by Jacoby and Olson (1977) to explain consumers' reactions to price. Evidence is presented that strongly indicates that involvement, source credibility, and location importantly affect the size of the price change required to motivate consumers to switch suppliers.
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source Business Source Complete; Alma/SFX Local Collection
subjects Behavior
Consumers
Cost control
Credibility
Decision making
Hypotheses
Information sources
Marketing
Patronage
Prices
Suppliers
Variables
title Consumer Decision Making: A Model of the Effects of Involvement, Source Credibility, and Location on the Size of the Price Difference Required to Induce Consumers to Change Suppliers: ABSTRACT
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