Consumer Loyalty in the Swedish Pharmaceuticals Market
David Granlund () and
Niklas Rudholm ()
Additional contact information
David Granlund: Department of Economics, Postal: Umeå University, SE-901 87 Umeå, Sweden and The Swedish Retail Institute (HUI), Regeringsgatan 60, SE-103 29 Stockholm, Sweden
Niklas Rudholm: Department of Economics, Postal: Dalarna University, SE-781 88 Borlänge, Sweden and The Swedish Retail Institute (HUI), Regeringsgatan 60, SE-103 29 Stockholm, Sweden
No 17, HUI Working Papers from HUI Research
Abstract:
The purpose of this paper is to test if consumer loyalty is stronger toward brand name prharmaceutical products and branded generics as compared to "true" generics in the Swedish pharmaceutical market. The results show that consumers are equally loyal toward brand name pharmaceuticals and branded generics, while substantially less loyal toward generics. The results thus seem to give support to the idea that brand name recognition is important in creating consumer loyalty toward pharmaceutical products.
Keywords: Brand loyalty; Branded generics; Parallel import; Generic competition (search for similar items in EconPapers)
JEL-codes: D12 I11 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2008-06-09
New Economics Papers: this item is included in nep-com, nep-hea and nep-mkt
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)
Published as Granlund, David and Niklas Rudholm, 'The Prescribing Physician’s Influence on Consumer Choice Between Medically Equivalent Pharmaceuticals' in Review of Industrial Organization, 2012, pages 207-222.
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:huiwps:0017
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