How Does Local–Global Identity Affect Price Sensitivity?
Material type: TextDescription: 62-79. pSubject(s): In: FRAZIER GARY L. JOURNAL OF MARKETINGSummary: The authors propose that when consumers’ local identity is accessible, they are less likely to be price sensitive because of a sacrifice mindset. Six studies using divergent measures of the independent and dependent variables as well as diverse samples (students and nonstudents, U.S. and Chinese residents, primary and secondary data) produce consistent results. Furthermore, the authors demonstrate the mediating role of a sacrifice mindset by both measuring and manipulating this construct; they also identify boundary conditions of the association between a consumer’s local identity and price sensitivity. Previous research has shown that consumers with a local identity display lower price sensitivity to brands with a local origin. In contrast, the results from this research show that consumers with a local identity display lower price sensitivity even to products with an ambiguous origin. Firms using a globalization strategy can try to activate consumers’ local identity to make them less price sensitive to their brands, without having to position the brands as local.Item type | Current library | Call number | Vol info | Status | Date due | Barcode | Item holds | |
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Journal Article | Main Library | Vol 81, No 3/ 5557312JA4 (Browse shelf(Opens below)) | Available | 5557312JA4 | ||||
Journals and Periodicals | Main Library On Display | JRNL/GEN// Vol 81, No 3 (Browse shelf(Opens below)) | Vol 81, No 3 (01/09/2017) | Not for loan | 5557312 |
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Vol 81, No 3/ 5557312JA1 How Well Does Consumer-Based Brand Equity Align with Sales-Based Brand Equity and Marketing-Mix Response? | Vol 81, No 3/ 5557312JA2 Online Relationship Formation. | Vol 81, No 3/ 5557312JA3 The Service–Profit Chain: A Meta-Analytic Test of a Comprehensive Theoretical Framework | Vol 81, No 3/ 5557312JA4 How Does Local–Global Identity Affect Price Sensitivity? | Vol 81, No 3/ 5557312JA5 Provision of Optional Versus Standard Product Features in Competition | Vol 81, No 3/ 5557312JA6 Savoring an Upcoming Experience Affects Ongoing and Remembered Consumption Enjoyment | Vol 81, No 3/ 5557312JA7 Does It Pay to Recall Your Product Early? An Empirical Investigation in the Automobile Industry |
The authors propose that when consumers’ local identity is accessible, they are less likely to be price sensitive because of a sacrifice mindset. Six studies using divergent measures of the independent and dependent variables as well as diverse samples (students and nonstudents, U.S. and Chinese residents, primary and secondary data) produce consistent results. Furthermore, the authors demonstrate the mediating role of a sacrifice mindset by both measuring and manipulating this construct; they also identify boundary conditions of the association between a consumer’s local identity and price sensitivity. Previous research has shown that consumers with a local identity display lower price sensitivity to brands with a local origin. In contrast, the results from this research show that consumers with a local identity display lower price sensitivity even to products with an ambiguous origin. Firms using a globalization strategy can try to activate consumers’ local identity to make them less price sensitive to their brands, without having to position the brands as local.
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