Abstract
This study aimed to identify a new framework for consumer perceived value (CPV) and evaluate the dynamics of relative importance of different dimensions of CPV in the context of mobile marketing. Laddering interviews were conducted to capture the essence of CPVs, and then text-mining techniques were applied to extract key consumer values from the interviews. Six dimensions of CPV, namely, design, emotional, functional, monetary, guarantee, and social, were identified. The construct validity of these six dimensions was demonstrated through a rigorous sorting process. A best–worst scaling (BWS) survey was then implemented based on these six value dimensions to investigate consumers’ preference for each dimension in three critical decision-making phases of mobile marketing campaigns. Statistical analysis of the BWS data showed that significant dynamic differences exist among these six value dimensions in each phase. Gender difference and consumer heterogeneity were also presented. Theoretical and managerial implications were discussed.
Original language | English |
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Pages (from-to) | 70-86 |
Number of pages | 17 |
Journal | Journal of Retailing and Consumer Services |
Volume | 48 |
Early online date | 21 Feb 2019 |
DOIs | |
Publication status | Published - May 2019 |
Funding
This work was supported by the Chinese Ministry of Education Key Research Institute of Humanities and Social Sciences Project (grant number 16YJC630038 ) and partly supported by the National Natural Science Foundation of China (grant numbers 71502132 and 71602009 ). Appendix A
Keywords
- Consumer perceived value
- Mixed method
- Mobile marketing
- Value dimensions
- WeChat official account