Brief vs. Comprehensive Descriptions in Measuring Intentions to Purchase

J. Armstrong and Terry Overton

General Economics and Teaching from University Library of Munich, Germany

Abstract: In forecasting demand for expensive consumer goods, direct questioning of potential consumers about their future purchasing plans has had considerable predictive success [1, 2, 4]. Any attempt to apply such 'intention to purchase' methods to forecast demand for proposed products or services must determine some way to convey product information to the potential consumer [3]. Indeed, all the prospective consumer knows about the product or service is what he may infer from the information given to him by the researcher. This paper presents a study of the effect upon intention to purchase of this seemingly crucial element—the extent and type of description of the new service. How extensive must the description of the new service be in order to measure intention to purchase?

Keywords: forecasting; purchase intentions (search for similar items in EconPapers)
JEL-codes: A (search for similar items in EconPapers)
Pages: 9 pages
Date: 2005-02-11
New Economics Papers: this item is included in nep-cbe
Note: Type of Document - pdf; pages: 9
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Citations: View citations in EconPapers (1)

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Related works:
Working Paper: Brief vs. comprehensive descriptions in measuring intentions to purchase (1971)
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpgt:0502032

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