Consumer Preferences for Imported Kona Coffee in South India: A Latent Class Analysis
Jyotsna Krishnakumar and
Catherine Chan-Halbrendt
International Food and Agribusiness Management Review, 2010, vol. 13, issue 4, 19
Abstract:
Considering India as a potential export market for 100% Kona coffee, this study explores consumer preferences for imported, specialty, high-end Kona coffee in South India. Conjoint choice experiment with latent class analysis is used and results indicate that India offers an export market potential for Kona coffee, provided it caters to consumer preferences. Results show a significant preference for strong taste. The relative importance of price is lower than taste but majority are also adverse to higher prices. However,15% of the sample population does not care about price but does care about taste, indicating the possibility of a high-end niche market segment. Based on the results, marketing strategies and policy recommendations have been suggested.
Keywords: Agribusiness (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ifaamr:96334
DOI: 10.22004/ag.econ.96334
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