Unveiling Brand Convergence in Consideration Sets: The Effects of Purchase for Self or Others and Product Nature
Kikuchi Fumiaki ()
Additional contact information
Kikuchi Fumiaki: College of Business Administration, Tamagawa University, 6-1-1 Tamagawagakuen, Machida, Tokyo 194-8610, Japan
Review of Marketing Science, 2023, vol. 21, issue 1, 327-346
Abstract:
The creation of a consideration set, which constitutes a cluster of brands that a consumer contemplates buying from, plays a vital role in purchasing behavior. An understanding of its composition aids in the development of effective marketing strategies. However, existing research does not sufficiently explore brand convergence in the consideration set across consumers (BCCS). This study explored variations in BCCS according to whether the purchase is intended for self-use or as a gift, as well as the nature of the product (utilitarian or hedonic). A questionnaire survey involving 1219 participants provided data for empirical analysis. The findings revealed a higher BCCS for purchases made for self with respect to utilitarian products such as ballpoint pens, whereas hedonic products such as chocolates showed a higher BCCS when purchased for others than for self. These findings offer new insights into the underexplored area of BCCS; they suggest that desired assortment size should be tailored according to purchase intent and the nature of the targeted product (utilitarian or hedonic).
Keywords: consideration set; construal level theory; utilitarian products; hedonic products; consumer behavior (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:
Downloads: (external link)
https://doi.org/10.1515/roms-2023-0036 (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:bpj:revmkt:v:21:y:2023:i:1:p:327-346:n:12
Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/roms/html
DOI: 10.1515/roms-2023-0036
Access Statistics for this article
Review of Marketing Science is currently edited by Ram C. Rao
More articles in Review of Marketing Science from De Gruyter
Bibliographic data for series maintained by Peter Golla ().