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Modeling preferences for common attributes in multicategory brand choice
The authors propose a multicategory brand choice model based on the conceptualization that the intrinsic utility for a brand is a function of underlying attributes, some of which are common across categories. The premise is that household preferences for attributes that are common across categories are likely to be correlated. The model that the authors develop projects the unobserved preferences for attributes to a lower dimensional space of unobserved factors. The factors are interpretable as household "traits" that transcend categories, and they can be used to predict preferences for attributes in new categories. The authors apply the proposed model to household panel data for three closely related snack categories and for two less-related food categories. The authors find strong correlations in preferences for product attributes such as brand names and low fat or fat free. This study demonstrates that these high correlations in product attribute preferences across categories are useful in targeting activities in existing and new categories.Printed Journal
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| PSB lt.dasar - Pascasarjana | 1 |
| Penerbit | : American Marketing Association |
|---|---|
| Edisi | - |
| Subjek | Brands Mathematical models Correlation analysis Product Choice Food products Preferences studies |
| ISBN/ISSN | 222437 |
| Klasifikasi | - |
| Deskripsi Fisik | - |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |