Theoretical and Applied Economics
No. 11 / 2013 (588)
Origin of the product and the buying decision
University of Agricultural Sciences and Veterinary Medicine, Bucharest
Costin LIANU
Ministry of Economy Commerce and Business Environment, Bucharest
Abstract. This article is arguing that Conjoint analysis may offer a solid framework, able to determine the influence of the origin of the product in the consumption decisions. After a research of this framework, an empirical research on wine is conducted. Research is suggesting that there is, for the wine, a certain influence of the origin of the product in the buying decision. Even more, it is not the real origin that counts but the perceived one. The way the consumers perceive a certain region, or country matters and Wine sellers should focus on this influence in their branding strategies.
Keywords: structure of preferences; origin of the product; wine; branding; Conjoint analysis.
Contents
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- A turnpike theorem involving a modified Golden Rule
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- General aspects regarding the evolution of GDP in Romania
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- Interday drifts in opening stock returns
Andrey KUDRYAVTSEV
- Entrepreneurship among higher education graduates in 13 European countries
Ana-Maria ZAMFIR
Eliza-Olivia LUNGU
Cristina MOCANU
- Innovative methods to analyze the stock market
in Romania. Studying the volatility of the Romanian
stock market with the ARCH and GARCH models
using the “R” software
Antoniade-Ciprian ALEXANDRU
Nicoleta CARAGEA
Ana-Maria DOBRE
- Anomalies on the capital markets from the former communist European countries
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- Prerequisites for modeling price and return data series
for the Bucharest Stock Exchange
Andrei TINCA
- Between fiscal discipline and economic recovery. The solutions problem
Anca Maria GHERMAN
George ŞTEFAN
- Origin of the product and the buying decision
Cristina VEITH
Costin LIANU