Consumers wine preferences according to purchase occasion: Personal consumption and gift-giving

•Consumers value brand and designation of origin for their personal consumption.•Consumers’ value organic status and brand in a gift-giving scenario.•Demand for wine is less reactive to price changes in a gift-giving scenario.•We found three groups of consumers: brand follower, organic supporter, an...

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Published inFood quality and preference Vol. 71; pp. 270 - 278
Main Authors Boncinelli, Fabio, Dominici, Andrea, Gerini, Francesca, Marone, Enrico
Format Journal Article
LanguageEnglish
Published Elsevier Ltd 01.01.2019
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Abstract •Consumers value brand and designation of origin for their personal consumption.•Consumers’ value organic status and brand in a gift-giving scenario.•Demand for wine is less reactive to price changes in a gift-giving scenario.•We found three groups of consumers: brand follower, organic supporter, and unyielding. We tested the hypothesis that individuals may act differently when buying a bottle of wine for themselves than they do when buying wine as a gift. Using a between-subject design, we estimated the differences in consumer preference for these two occasions. We conducted a choice experiment on 618 Italian wine consumers and included the attributes of price, geographical indication (i.e. IGT, DOC, or DOCG), organic claim, and brand (i.e. famous producer or a non-famous producer). By applying an error component random parameters logit model, we detected relevant differences between the two scenarios in terms of the relative importance of the studied attributes. The gift-giving scenario was further investigated using a latent class model, which identified three segments of consumers; we profiled these according to personal attitudes and wine knowledge. Our results show a relevant heterogeneity among consumers’ preferences for the gift-giving scenario, with geographical indication having a low impact and brand and organic claim playing a pivotal role. This study provides relevant insights for winemakers and retailers regarding diversifying marketing strategies.
AbstractList •Consumers value brand and designation of origin for their personal consumption.•Consumers’ value organic status and brand in a gift-giving scenario.•Demand for wine is less reactive to price changes in a gift-giving scenario.•We found three groups of consumers: brand follower, organic supporter, and unyielding. We tested the hypothesis that individuals may act differently when buying a bottle of wine for themselves than they do when buying wine as a gift. Using a between-subject design, we estimated the differences in consumer preference for these two occasions. We conducted a choice experiment on 618 Italian wine consumers and included the attributes of price, geographical indication (i.e. IGT, DOC, or DOCG), organic claim, and brand (i.e. famous producer or a non-famous producer). By applying an error component random parameters logit model, we detected relevant differences between the two scenarios in terms of the relative importance of the studied attributes. The gift-giving scenario was further investigated using a latent class model, which identified three segments of consumers; we profiled these according to personal attitudes and wine knowledge. Our results show a relevant heterogeneity among consumers’ preferences for the gift-giving scenario, with geographical indication having a low impact and brand and organic claim playing a pivotal role. This study provides relevant insights for winemakers and retailers regarding diversifying marketing strategies.
We tested the hypothesis that individuals may act differently when buying a bottle of wine for themselves than they do when buying wine as a gift. Using a between-subject design, we estimated the differences in consumer preference for these two occasions. We conducted a choice experiment on 618 Italian wine consumers and included the attributes of price, geographical indication (i.e. IGT, DOC, or DOCG), organic claim, and brand (i.e. famous producer or a non-famous producer). By applying an error component random parameters logit model, we detected relevant differences between the two scenarios in terms of the relative importance of the studied attributes. The gift-giving scenario was further investigated using a latent class model, which identified three segments of consumers; we profiled these according to personal attitudes and wine knowledge. Our results show a relevant heterogeneity among consumers’ preferences for the gift-giving scenario, with geographical indication having a low impact and brand and organic claim playing a pivotal role. This study provides relevant insights for winemakers and retailers regarding diversifying marketing strategies.
Author Boncinelli, Fabio
Marone, Enrico
Dominici, Andrea
Gerini, Francesca
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  surname: Dominici
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  givenname: Francesca
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  givenname: Enrico
  surname: Marone
  fullname: Marone, Enrico
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Keywords Organic wine
Inferred valuation
Gift giving
Latent class model
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Snippet •Consumers value brand and designation of origin for their personal consumption.•Consumers’ value organic status and brand in a gift-giving scenario.•Demand...
We tested the hypothesis that individuals may act differently when buying a bottle of wine for themselves than they do when buying wine as a gift. Using a...
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crossref
elsevier
SourceType Aggregation Database
Enrichment Source
Index Database
Publisher
StartPage 270
SubjectTerms attitudes and opinions
consumer preferences
Gift giving
Inferred valuation
Latent class model
logit analysis
marketing strategies
Organic wine
prices
protected designation of origin
purchasing
wines
Title Consumers wine preferences according to purchase occasion: Personal consumption and gift-giving
URI https://dx.doi.org/10.1016/j.foodqual.2018.07.013
https://www.proquest.com/docview/2131881455
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