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Consumers' Preference of Rice Brands in Korea AgEcon
Kim, Sounghun; Son, Eun-Young; Park, Sungho.
This paper conducts several analyses to discuss about consumers' preference of rice brands and suggest a way to reduce the number that currently stands at about 1,700 in the Korean market. With data collected from 358 survey respondents, a conjoint analysis was conducted to identify consumers' preferences of Korean rice in regard to such aspects as producing area, brand, category, and price. We particularly focused on analyzing the consumers' preference of rice brands, with some scenarios to decrease the number of brands. The paper also estimated the virtual market shares of rice brands. As results of the analyses, the paper shows that the grouping of individual rice brands in a city or county under one representative brand is the most preferred by Korean...
Tipo: Journal Article Palavras-chave: Korean rice brands; Conjoint analysis; Virtual market share; Agribusiness; Consumer/Household Economics; Crop Production/Industries; Farm Management; Marketing.
Ano: 2009 URL: http://purl.umn.edu/90688
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The Paradox of Choice: Why More is Good & Too Much is Terrible AgEcon
Lewis, Daniel; Allender, William J.; Richards, Timothy J.; Hamilton, Stephen F.; Park, Sungho.
Please contact William Allender (William.Allender@asu.edu) for a copy of the manuscript that goes with this poster.
Tipo: Presentation Palavras-chave: Consumer Search; Product Variety; Discrete Choice Models; Preference for Variety.; Consumer/Household Economics; Demand and Price Analysis; Marketing.
Ano: 2012 URL: http://purl.umn.edu/124485
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