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A Study of the Factors that Influence Consumer Attitudes Toward Beef Products Using the Conjoint Market Analysis Tool AgEcon
Mennecke, Brian; Townsend, Anthony M.; Hayes, Dermot J.; Lonergan, Steven.
This study utilizes an analysis technique commonly used in marketing, the conjoint method, to examine the relative utilities of a set of beef steak characteristics considered by a national sample of 1,432 U.S. consumers, as well as additional localized samples representing undergraduate students at a business college and in an animal science department. The analyses indicate that among all respondents, region of origin is by far the most important characteristic; this is followed by animal breed, traceability, the animal feed used, and beef quality. Alternatively, the cost of cut, farm ownership, the non-use of growth promoters, and whether the product is guaranteed tender were the least important factors. Results for animal science undergraduates are...
Tipo: Working or Discussion Paper Palavras-chave: Conjoint market analysis; Consumer preferences; Country of origin; Steak quality; Traceability; Transactions costs; Food Consumption/Nutrition/Food Safety; Livestock Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/18539
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Radio Frequency Identification Tagging as a Mechanism of Creating a Viable Producer's Brand in the Cattle Industry AgEcon
Mennecke, Brian; Townsend, Anthony M..
This manuscript reports on a project to examine the feasibility of extensive radio frequency identification (RFID) tagging to determine product provenance in the meat production industry. The investigators examined existing technologies and meat production processes as well as emerging technologies in RFID tagging to assess the potential of RFID technologies for provenance assurance. While RFID technologies hold tremendous promise for traceability, the current state of the technology and production process creates challenges for effectively creating full traceability. However, RFID holds tremendous potential for improving processing throughput, which will help make RFID-based traceability more attractive for adoption by meat processors.
Tipo: Working or Discussion Paper Palavras-chave: Brand marketing; Provenance assurance; Radio frequency identification (RFID); Traceability; Food Consumption/Nutrition/Food Safety; Marketing.
Ano: 2005 URL: http://purl.umn.edu/18687
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U.S. Consumers’ Valuation of Quality Attributes in Beef Products AgEcon
Abidoye, Babatunde O.; Bulut, Harun; Lawrence, John D.; Mennecke, Brian; Townsend, Anthony M..
A sample of U.S. consumers were surveyed in a choice based experiment in the Fall of 2005 and Spring 2006 to elicit consumers’ preferences for quality attributes in beef products. Based on the resulting data, a random coefficients logit model is estimated, and consumers’ willingness to pay for these quality attributes in beef products is obtained. The results indicate that consumers have strong valuation for traceability, grass-fed, and U.S. origin attributes in a standard rib-eye steak and are willing to pay a premium for these attributes.
Tipo: Journal Article Palavras-chave: Choice experiment; Conjoint analysis; Quality attributes; Random parameters; Consumer/Household Economics; Marketing; Q10; Q1.
Ano: 2011 URL: http://purl.umn.edu/100645
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