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The influence of price changes on consumers' purchase decisions

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Resumo:The development of an effective pricing strategy requires the acquaintance of consumers’ price perception as well as the range of elements that influence the price sensitivity. This paper analyses the relationships between product features, individual characteristics and the level of price increase/decrease that induces the consumers to change their purchase decisions. The results of a dedicated survey show, that price sensitivity, individual preferences, type of product and direction of price change and individual characteristics of consumers (gender, age, professional situation) have a significant impact on a threshold at which people are willing to choose the less attractive, but cheaper alternative to their favorite product or give up the variety in consumption. From a consumer behavior perspective, these findings play a fundamental role in pricing.
Autores principais:Tulwin, Katarzyna
Assunto:Price sensitivity Purchase Decision making Consumer behavior
Ano:2014
País:Portugal
Tipo de documento:dissertação de mestrado
Tipo de acesso:acesso aberto
Instituição associada:Universidade Nova de Lisboa
Idioma:inglês
Origem:Repositório Institucional da UNL
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author Tulwin, Katarzyna
author_facet Tulwin, Katarzyna
author_role author
contributor_name_str_mv Martinez, Luis Manuel da Silva Pereira Fructuoso
RUN
country_str PT
creators_json_txt [{\"Person.name\":\"Tulwin, Katarzyna\"}]
datacite.contributors.contributor.contributorName.fl_str_mv Martinez, Luis Manuel da Silva Pereira Fructuoso
RUN
datacite.creators.creator.creatorName.fl_str_mv Tulwin, Katarzyna
datacite.date.Accepted.fl_str_mv 2014-05-01T00:00:00Z
datacite.date.available.fl_str_mv 2015-06-30T00:30:09Z
datacite.date.embargoed.fl_str_mv 2015-06-30T00:30:09Z
datacite.rights.fl_str_mv http://purl.org/coar/access_right/c_abf2
datacite.subjects.subject.fl_str_mv Price sensitivity
Purchase
Decision making
Consumer behavior
datacite.titles.title.fl_str_mv The influence of price changes on consumers' purchase decisions
dc.contributor.none.fl_str_mv Martinez, Luis Manuel da Silva Pereira Fructuoso
RUN
dc.creator.none.fl_str_mv Tulwin, Katarzyna
dc.date.Accepted.fl_str_mv 2014-05-01T00:00:00Z
dc.date.available.fl_str_mv 2015-06-30T00:30:09Z
dc.date.embargoed.fl_str_mv 2015-06-30T00:30:09Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv http://hdl.handle.net/10362/15070
dc.language.none.fl_str_mv eng
dc.rights.none.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.subject.none.fl_str_mv Price sensitivity
Purchase
Decision making
Consumer behavior
dc.title.fl_str_mv The influence of price changes on consumers' purchase decisions
dc.type.none.fl_str_mv http://purl.org/coar/resource_type/c_bdcc
description The development of an effective pricing strategy requires the acquaintance of consumers’ price perception as well as the range of elements that influence the price sensitivity. This paper analyses the relationships between product features, individual characteristics and the level of price increase/decrease that induces the consumers to change their purchase decisions. The results of a dedicated survey show, that price sensitivity, individual preferences, type of product and direction of price change and individual characteristics of consumers (gender, age, professional situation) have a significant impact on a threshold at which people are willing to choose the less attractive, but cheaper alternative to their favorite product or give up the variety in consumption. From a consumer behavior perspective, these findings play a fundamental role in pricing.
dirty 0
eu_rights_str_mv openAccess
format masterThesis
fulltext.url.fl_str_mv https://run.unl.pt/bitstreams/f1788f91-aaba-4d41-9c03-6d3d88d2b516/download
id run_3a4aae44fffdf8a2333d3eb4b2b72413
identifier.url.fl_str_mv http://hdl.handle.net/10362/15070
instacron_str unl
institution Universidade Nova de Lisboa
instname_str Universidade Nova de Lisboa
language eng
network_acronym_str run
network_name_str Repositório Institucional da UNL
oai_identifier_str oai:run.unl.pt:10362/15070
organization_str_mv urn:organizationAcronym:unl
person_str_mv Tulwin, Katarzyna
publishDate 2014
reponame_str Repositório Institucional da UNL
repository_id_str urn:repositoryAcronym:run
service_str_mv urn:repositoryAcronym:run
spelling engporThe development of an effective pricing strategy requires the acquaintance of consumers’ price perception as well as the range of elements that influence the price sensitivity. This paper analyses the relationships between product features, individual characteristics and the level of price increase/decrease that induces the consumers to change their purchase decisions. The results of a dedicated survey show, that price sensitivity, individual preferences, type of product and direction of price change and individual characteristics of consumers (gender, age, professional situation) have a significant impact on a threshold at which people are willing to choose the less attractive, but cheaper alternative to their favorite product or give up the variety in consumption. From a consumer behavior perspective, these findings play a fundamental role in pricing.application/pdfporThe influence of price changes on consumers' purchase decisionsTulwin, KatarzynaMartinez, Luis Manuel da Silva Pereira FructuosoHostingInstitutionOrganizationalRUNe-mailmailto:run@unl.ptrun@unl.ptURNurn:tid:2014760882015-06-30T00:30:09Z2014-052014-05-01T00:00:00ZHandlehttp://hdl.handle.net/10362/15070http://purl.org/coar/access_right/c_abf2open accessPrice sensitivityPurchaseDecision makingConsumer behavior651968 bytesliteraturehttp://purl.org/coar/resource_type/c_bdccmaster thesishttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://run.unl.pt/bitstreams/f1788f91-aaba-4d41-9c03-6d3d88d2b516/download
spellingShingle The influence of price changes on consumers' purchase decisions
Tulwin, Katarzyna
Price sensitivity
Purchase
Decision making
Consumer behavior
status SINGLETON
subject.fl_str_mv Price sensitivity
Purchase
Decision making
Consumer behavior
title The influence of price changes on consumers' purchase decisions
title_full The influence of price changes on consumers' purchase decisions
title_fullStr The influence of price changes on consumers' purchase decisions
title_full_unstemmed The influence of price changes on consumers' purchase decisions
title_short The influence of price changes on consumers' purchase decisions
title_sort The influence of price changes on consumers' purchase decisions
topic Price sensitivity
Purchase
Decision making
Consumer behavior
topic_facet Price sensitivity
Purchase
Decision making
Consumer behavior
url http://hdl.handle.net/10362/15070
visible 1