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Generic drugs in times of economic crisis: Are there changes in consumer purchase intention?

Vinicius Lins Ferreira, Pereira da Veiga, Cássia Rita, Claudineia Kudlawicz-Franco, Priscila Scalercio, Yohanna Ramires, Roberto Pontarolo, Denise Maria W. Carvalho and Claudimar Pereira da Veiga

Journal of Retailing and Consumer Services, 2017, vol. 37, issue C, 1-7

Abstract: This research aims to investigate the moderating role of an economic crisis in the consumer purchase intention toward generic drugs (GDs), and it uses a quantitative questionnaire survey to collect data through face-to-face interviews and robust statistical analyses. The results reinforce the idea that price is a fundamental element in building pharmaceutical product value. In situations of limited resources, the cost savings from generic drugs represent a strong appeal to consumers' experience of GDs and closes the perceived quality gap between the brand name and the generic products. This research highlights two main contributions, and its findings provides managerial and political implications.

Keywords: Purchase intention; Shopping attitude; Perceived quality, Past experience, Brazilian drug consumers (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:joreco:v:37:y:2017:i:c:p:1-7

DOI: 10.1016/j.jretconser.2017.02.008

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