Effects of Product Categories on Consumers’ Spending in Multiple Retail Formats: An Abstract

Zhang, Q and Gangwar, M and Ratchford, B (2017) Effects of Product Categories on Consumers’ Spending in Multiple Retail Formats: An Abstract. In: Academy of Marketing Science Annual Conference. (Submitted)

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Abstract

In this study, we propose a multivariate tobit model to examine the effects of different types of frequently purchase products on consumers’ spending in retail formats. There is a rich marketing literature that studies the determinants of consumers’ purchases in the stores that belong to the same retail format (e.g., Bell & Lattin, 1998; Bodapati & Srinivasan, 2006; Briesch, Chintagunta, & Fox, 2009). However, there is little empirical research that addresses the issue of consumers’ patronage for retail formats. Among the few studies that explicitly model consumers’ retail format patronage behavior (e.g., Bhatnagar & Ratchford, 2004; Fox, Montgomery, & Lodish, 2004), the focus has been on the impact of overall store characteristics, such as store price and assortment indices, which are constructed based on information of a number of categories, to represent the attractiveness of a shopping basket of a consumer.

Affiliation: Indian School of Business
ISB Creators:
ISB CreatorsORCiD
Gangwar, Mhttp://orcid.org/0000-0003-0661-5922
Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Demographic Information,Household Income, Marketing Strategy, Consumer Spending
Subjects: Marketing
Depositing User: Mohan Dass
Date Deposited: 10 Apr 2019 11:57
Last Modified: 10 Apr 2019 11:57
URI: http://eprints.exchange.isb.edu/id/eprint/795
Publisher URL: https://link.springer.com/chapter/10.1007/978-3-31...
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