This study investigated a beef restaurant’s selection attributes using conjoint analysis in order to provide some useful information to marketers and managers. A total of 320 questionnaires were distributed to consumers who had visited the beef rest...
This study investigated a beef restaurant’s selection attributes using conjoint analysis in order to provide some useful information to marketers and managers. A total of 320 questionnaires were distributed to consumers who had visited the beef restaurant in October 2016, of which 284 were completed (96.9%). Statistical analyses of data were performed using SPSS/Windows 22.0 for descriptive statistics and conjoint analysis. The results of this study showed the relative importance and level of each attributes for selecting the beef restaurant. Price showed the greatest importance (34.86%), followed by origin (27.52%), service offering(25.72%) and variety of dish setting (11.90%). The optimum attribute combination was various dish setting (0.059); Korean beef (0.385); very high service level (-0.291); and price of 8,000 won (-0.782). The most preferred beef restaurant gained 37.6% potential market share from choice simulation. There were showed no major differences in importance of attributes based on the gender of respondents, however, there were difference related to age of respondents. For respondents in their 20s and more than 50s, the first consideration was price. Respondents in their 30s considered service method first and those in their 40s considered their origin first. In conclusion, this study contributes to the development of marketing plans based on a customer’s involvement level focusing on their primary selection criteria when choosing a beef restaurant. Additionally, marketers who manage the beef restaurants can estimate the market share of imaginary beef restaurants from these results.