Investigating the segment specific preferences for hedonic and utilitarian online-shop characteristics: the case of German online wine shops
Frank Habann,
Christopher Zerres and
Lukas Zaworski
International Journal of Internet Marketing and Advertising, 2018, vol. 12, issue 3, 255-269
Abstract:
Recently the market for grocery online-shopping is expanding. Therefore, this study analyse the influencing factors of online shoppers' preferences for online wine shops with an adaptive choice-based conjoint analysis (ACBC). As these factors in general differ for hedonic and utilitarian goods, we investigated what characteristics presented in the online-shop are most important to customers of a primarily hedonic product like wine. Surprisingly, respondents in general favoured utilitarian over hedonic characteristic levels. In addition, we identified two distinct customer groups by applying a preference-based market segmentation (CCEA). The price/efficiency-seeking group favoured utilitarian characteristics. The quality-seeking group favoured hedonic over utilitarian characteristics, but with a strong importance of some utilitarian website characteristics. Finally management implications are presented.
Keywords: online shopping behaviour; adaptive conjoint analysis; hedonic and utilitarian goods; preference-based market segmentation. (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijimad:v:12:y:2018:i:3:p:255-269
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