Making sense of numbers: Effects of alphanumeric brands on consumer inference
Dengfeng Yan and
Rod Duclos
International Journal of Research in Marketing, 2013, vol. 30, issue 2, 179-184
Abstract:
This research examines when and how the presence of seemingly innocuous, non-diagnostic numbers in brand names (e.g., 7-UP) impacts consumers' judgments. Building on anchoring theory, our central proposition is that numbers contained in alphanumeric brand names can act as implicit anchors that subsequently bias (either upward or downward) consumers' assessment of a product's price, weight, volume, etc. We qualify this proposition, however, by showing that such anchoring effects occur primarily when (a) the numeric component of a name appears relevant to the judgment at hand and (b) consumers evaluate product attributes superficially (rather than systematically).
Keywords: Alphanumeric brand names; Anchoring; Heuristic processing (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (8)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ijrema:v:30:y:2013:i:2:p:179-184
DOI: 10.1016/j.ijresmar.2012.09.007
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