Title of article :
S-shape relationship between customer satisfaction and willingness to pay premium prices for high quality cured pork products in Spain
Author/Authors :
Cotes-Torres، نويسنده , , Alejandro and Muٌoz-Gallego، نويسنده , , Pablo A. and Cotes-Torres، نويسنده , , José Miguel، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2012
Pages :
5
From page :
814
To page :
818
Abstract :
This paper explores 2 different probabilistic models explaining willingness to pay premium prices for high-quality cured products from the swine industry. Seven cured pork products (sausage, fuet, ham, loin, shoulder, salami and pepperoni) were studied in 9 food-stores in Valladolid, Spain. Consumers of the products were interviewed (686 completed surveys). It was found by using mixed effect statistical models that the relationship between willingness to pay a premium price and customer satisfaction had nonlinear behavior, following an S-shape with inverted slope which was the first empirical evidence of this type of behavior in meat products in real market conditions. It was also established that the interaction between satisfaction and current expenditure on the product was significant and indispensable for explaining consumersʹ willingness to pay premium price for cured pork products.
Keywords :
Agri-food marketing , Food manufacturers , Consumer behavior , Swine Industry , Agribusiness
Journal title :
Meat Science
Serial Year :
2012
Journal title :
Meat Science
Record number :
1490667
Link To Document :
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