Pensions for Singles and Couples

Retirement policies often seek to set pensions at levels that enable single and married pensioners to have the same standard of living. The existing literature on consumer equivalence scales provides little assistance in reaching this policy objective, as the estimated scales are both imprecise and reliant upon strong and opaque assumptions. This paper proposes an alternative modeling strategy which has low data requirements and involves the use of detailed, but transparent, assumptions about the extent of joint consumption of particular commodities. These assumptions are embedded in an economic model of household consumption and combined with household expenditure data to calculate consumer equivalence scales. It is estimated that, in 2003–04, Australian couples of Age Pension age who owned their own home needed expenditures between 1.32 and 1.60 times that of a single person. These scales were lower than those used in the pension system.     

Historical research in marketing theory and practice: a review essay

Abstract

This paper reviews 30 years of interdisciplinary scholarship that deals with marketing history or the history of marketing thought. We have ranged across the humanities and social sciences to review the very best scholarship that these domains have produced which speaks to issues likely to concern the readers of the Journal of Marketing Management (JMM). These domains include: the history of marketing management, history of market research, history of market segmentation, product management history, retailing and channels history, promotion history, advertising history, the history of marketing thought, and marketing and the management of subjectivity, among others. Given obvious page limitations we have nevertheless tried to appeal to the paradigmatic span of the readers of the JMM. With this in mind, we have critically reviewed material that will be of interest to managerially oriented academics, as well as those who subscribe to consumer culture theoretics and critical marketing studies.     

Food Labels’ Impact Assessment on Consumer Purchasing Behavior in Malaysia

The purpose of this study is to validate the impact of food labels among Malaysian consumers using an extended theory of planned behavior model (TPB). In doing so, the study assessed the direct and indirect effect of food labeling on consumer intention to purchase or otherwise the food products of interest. A stratified random sampling technique was adopted in selecting 2,014 consumers in Klang Valley, Malaysia. The results of structural equation modeling supported the adequacy of the proposed model. This study contributes to and extends the understanding of food labeling and purchasing behavior, identifying the rationales for purchasing of food products with labels that contains information such as halal logo, ingredients, and nutritive value.     

Consumers’ Preferences and Attitudes Toward Local Food Products

In recent years, consumers’ interest in local food has significantly increased. Several studies in the agricultural economics and marketing literature have analyzed mainly consumers’ preferences for local food products. In this study, we perform a consumer segmentation with regard to consumer behavior toward local food. We collected data from a survey conducted during summer 2010 in Naples, South Italy. Consumer segments were identified taking account of five aspects: (1) food consumption styles; (2) perception of local food; (3) purchasing motives; (4) perceived quality of local food; and (5) sociodemographic characteristics. They could be profiled as ethnocentric consumers, environmentalists, strict localists, and quality labeling oriented.     

Reaching the U.S. Hispanic Wine Market: Highlighting the Opportunities

With over 50 million Hispanics living in the United States commanding 1.2 trillion dollars in purchasing power, Hispanic wine consumers may comprise a lucrative market for the saturated wine industry. Yet the wine industry has largely ignored consumers who do not fit the profile of its traditional demographic base. This study aims to fill a gap in the existing body of knowledge on Hispanic consumers of wine. Building on acculturation theory, the current study investigates predominant attitudes, opinions, and interests of the Hispanic consumer relating to wine consumption. The results of three focus groups indicate that the core cultural values of family, food, and social interaction are critical factors in developing an interest in wine among Hispanic wine consumers. Levels of acculturation also play a significant role in wine consumption among Hispanic consumers. Special attention should be addressed to younger, more acculturated consumers, as they are not only the primary consumers of wine but also advocates for wine for their parents and other groups of consumers.     

The brand authenticity continuum: strategic approaches for building value

This article empirically examines the value derived by consumers through their use and consumption of authentic brands and the indirect value attributable to a brand. Our findings provide an understanding of the drivers of value along an authenticity continuum. We demonstrate that authenticity cues of quality commitment, heritage and sincerity have differential effects on a brand’s position along the authenticity continuum and consequently, authenticity strategies. This paper discusses implications where initially, brands move along the continuum with internally driven strategies (germination, cultivation and consolidation). However, to attain very high levels of authenticity, brands pursue an externally driven strategy (preservation) that acknowledges external stakeholder roles in the creation of very highly authentic brands. Directions for future research are also discussed.     

Are consumers more rational and informed purchasers during recession periods? The role of Private Labels and retailing strategies

This paper aims to investigate how economic crisis changes consumer behaviour and mass retailers’ strategies, the interrelationship of these changes, and how Private Labels (PLs) can influence and be used in this process. The authors analysed data collected from 535 consumers and carried out statistical processing (ANOVA, cluster, etc.) to detect changes in the selection of the retailer, potential variations in the selected brand for various categories of food and non-food products, changes in preparation activities and behaviours prior to and during the purchase (leaflets, internet, promotions, coupons, etc.). Results indicate that consumers have noticeably moved to discount and ELP-based retailers, to PL products, increased the use of Internet to prepare and make purchases and, furthermore, they feel good with the decisions they’ve taken even after the recession, and want to continue doing so. The rising sales of discounters and PLs confirm that economic crisis boosts changes both in consumer behaviour and the retailing sector. Findings highlight the importance of some retailers’ strategies to face adverse economic situations and how PLs can be used as game-breakers, as they are preferred by consumers in these situations.     

Determinants for store-switching in shopping for fresh produce: investigating the mediating role of consumer way of life

The present study addresses store-switching behavior regarding shopping for fresh produce. In particular, the study highlights the role played by a consumer way of life associated with fresh food consumption and explains how it has a mediating effect on consumer intention to switch food stores. A sample consisting of 252 respondents was obtained from the Israeli Arab community. The empirical results of the study indicate that way of life factors have a mediating effect on the influence of store outputs on consumer emotions and behavior intention, thus low outputs for fresh produce will lead to store-switching. However, the findings reveal that dissatisfied consumers may not consider switching due to switching barriers which moderate the influence of perceived dissatisfaction on store-switching. Implications for food retail providers are identified, together with a discussion of the study’s limitations and avenues for future research.     

A segmentation of Turkish consumers based on their motives to visit shopping centres

This paper aims to contribute to the literature by providing a segmentation of Turkish consumers based on their motives for visiting shopping centres. First, we identified the motives that Turkish consumers had for visiting shopping centres and then we used those motives to segment consumers. Data were collected through a survey from 390 participants living in the six largest cities in Turkey. First, the results showed that Turkish consumers had five groups of motives when it comes to visiting shopping centres. The results of a two-step cluster analysis used for segmentation revealed four distinct segments of Turkish shopping centre visitors. Those segments were named as serious consumers, recreational consumers, enthusiast consumers, pragmatic consumers. These findings suggest that Turkish shopping centre managers need to recognize that Turkish consumers are not a homogeneous unit when it comes to visiting shopping centres. Finally, academic and managerial implications of our findings are discussed.     

提高城乡居民收入与扩大内需关系的探讨——以山西为例

在国内外经济态势发生变化的新形势下,适时调整和增加居民收入,理顺消费体制,改善消费环境,既是当前扩大内需的重要内容,也是国民经济长期持续快速发展的立足点。分析山西居民收入的现状及存在的问题,探讨提高居民收入与扩大内需的关系,有利于进一步完善提高居民收入的相应措施,从而扩大内需,拉动经济增长。