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      할인크기와 조절초점에 따른 팽창가격할인 효과에 관한 비교분석 = Comparative Analyses on the Effects of Tensile Price Discounts by Discount Size and Regulatory Focus

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      This study analyzed the effects of tensile price reduction type, discount size and consumers` regulatory focus on various types of consumer responses. Minimum discount announcement provides more specific information about the products to be discounted and thus minimum discount claims can be perceived more attractive. Recognizing these phenomena, we proposed differential effects of tensile price reductions by discount size and regulatory focus. We proposed four hypotheses based on prior studies about framing effects and regulatory focus. We propose 1) main effects of discount type, 2) main effects of discount size, 3) interaction effects between discount type and discount size and 4) interaction effects between discount type and regulatory focus. To test these research hypotheses, this study conducted experimental designs. Two hundred fifty undergraduate students were assigned to one of the six experimental groups. Discount type(minimum discount, range discount, and maximum discount) and discount size(10-40% discount, 40-70% discount) were manipulated as between-subject factors. In addition, ten items were developed to measure participants` regulatory focus. We classified participants into prevention focus or promotion focus based on their responses to regulatory goal. We attempted to provide more specific information about price reductions by naming the products to be discounted at the advertisements. We asked the participants to review the price reduction claims carefully and measured their evaluations. Dependent variables were perceived savings, attitude toward the deal and purchase intention of discount claims. Referring to prior research, we developed nine items to measure the dependent variables. Seven point differential semantic type scales were used to measure the nine items. Hypotheses relating to the dependent variables of perceived savings, attitude toward the deal and purchase intention were examined by ANOVAs followed by contrast between treatment groups. First, we confirmed the effects of tensile price reductions. Perceived savings, attitude toward the deal and purchase intention became higher when advertisements claimed a maximum or a range level of savings than when those claimed a minimum level of savings. Second, we found significant main effects of discount size. As expected, larger discount size led consumers to evaluate the discount claims more favorably. Third, we found significant interaction effects between discount claim types and discount size. When small size of discount range were announced we found significant differences in consumer evaluations between discount claim types(minimum discount < range discount < maximum discount). These results reconfirmed prior studies about tensile pice reductions. On the contrary, there were no significant differences between discount claim types when large size of discount range were announced. Forth, we found significant interaction effects between discount type and regulatory focus confirming regulatory fit effects. The results of this study contribute to the literature as the first attempt to examine the effects of tensile price reductions for specific brands. The results of our study also suggest that consumers` reactions to tensile price claims are affected by the discount size and consumers` regulatory focus. We summarized the study results and discussed the managerial implications for store managers. We also indicated the limitations of this study, and suggested the future research directions.
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      This study analyzed the effects of tensile price reduction type, discount size and consumers` regulatory focus on various types of consumer responses. Minimum discount announcement provides more specific information about the products to be discounted...

      This study analyzed the effects of tensile price reduction type, discount size and consumers` regulatory focus on various types of consumer responses. Minimum discount announcement provides more specific information about the products to be discounted and thus minimum discount claims can be perceived more attractive. Recognizing these phenomena, we proposed differential effects of tensile price reductions by discount size and regulatory focus. We proposed four hypotheses based on prior studies about framing effects and regulatory focus. We propose 1) main effects of discount type, 2) main effects of discount size, 3) interaction effects between discount type and discount size and 4) interaction effects between discount type and regulatory focus. To test these research hypotheses, this study conducted experimental designs. Two hundred fifty undergraduate students were assigned to one of the six experimental groups. Discount type(minimum discount, range discount, and maximum discount) and discount size(10-40% discount, 40-70% discount) were manipulated as between-subject factors. In addition, ten items were developed to measure participants` regulatory focus. We classified participants into prevention focus or promotion focus based on their responses to regulatory goal. We attempted to provide more specific information about price reductions by naming the products to be discounted at the advertisements. We asked the participants to review the price reduction claims carefully and measured their evaluations. Dependent variables were perceived savings, attitude toward the deal and purchase intention of discount claims. Referring to prior research, we developed nine items to measure the dependent variables. Seven point differential semantic type scales were used to measure the nine items. Hypotheses relating to the dependent variables of perceived savings, attitude toward the deal and purchase intention were examined by ANOVAs followed by contrast between treatment groups. First, we confirmed the effects of tensile price reductions. Perceived savings, attitude toward the deal and purchase intention became higher when advertisements claimed a maximum or a range level of savings than when those claimed a minimum level of savings. Second, we found significant main effects of discount size. As expected, larger discount size led consumers to evaluate the discount claims more favorably. Third, we found significant interaction effects between discount claim types and discount size. When small size of discount range were announced we found significant differences in consumer evaluations between discount claim types(minimum discount < range discount < maximum discount). These results reconfirmed prior studies about tensile pice reductions. On the contrary, there were no significant differences between discount claim types when large size of discount range were announced. Forth, we found significant interaction effects between discount type and regulatory focus confirming regulatory fit effects. The results of this study contribute to the literature as the first attempt to examine the effects of tensile price reductions for specific brands. The results of our study also suggest that consumers` reactions to tensile price claims are affected by the discount size and consumers` regulatory focus. We summarized the study results and discussed the managerial implications for store managers. We also indicated the limitations of this study, and suggested the future research directions.

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      참고문헌 (Reference)

      1 유창조, "제품계열에 대한 팽창가격할인 효과에 관한 실증분석" 한국마케팅학회 25 (25): 145-162, 2010

      2 전승우, "정치적 이념성향이 정치광고의 광고태도형성에 미치는 영향 : 조절초점의 역할을 중심으로" 한국방송광고공사 25 (25): 252-283, 2008

      3 여준상, "자기조절초점과 제품유형이 비교 광고 노출에 따른 소비자 반응에 미치는 영향" 한국방송광고공사 9 (9): 95-118, 2007

      4 서찬주, "신제품의 소비자권장가격이 소비자 내부준거가격에 미치는 영향" 16 (16): 1-24, 2001

      5 조남기, "소비자의 팽창가격할인광고에 대한 반응에 있어서 준거가격 및 준거 프레임의 영향" 12 (12): 123-144, 1997

      6 김경미, "소비자의 조절초점과 팽창가격 할인광고의 효과" 한국마케팅학회 23 (23): 197-218, 2008

      7 나준희, "소비자의 조절적 동기와 광고의 제시유형이 제품태도에 미치는 영향" 한국광고학회 16 (16): 263-283, 2005

      8 이미영, "브랜드 확장제품에 대한 태도에서 광고유형과 조절적 동기의 효과 연구" 한국방송광고공사 (74) : 61-87, 2007

      9 이진용, "가격정책의 공정성에 대한 소비자 판단에 관한 연구" 11 (11): 77-103, 1996

      10 하영원, "가격 정보의 시간적 분리 프레이밍이 소비자의 구매 의도에 미치는 영향" 한국소비자학회 13 (13): 7-164, 2002

      1 유창조, "제품계열에 대한 팽창가격할인 효과에 관한 실증분석" 한국마케팅학회 25 (25): 145-162, 2010

      2 전승우, "정치적 이념성향이 정치광고의 광고태도형성에 미치는 영향 : 조절초점의 역할을 중심으로" 한국방송광고공사 25 (25): 252-283, 2008

      3 여준상, "자기조절초점과 제품유형이 비교 광고 노출에 따른 소비자 반응에 미치는 영향" 한국방송광고공사 9 (9): 95-118, 2007

      4 서찬주, "신제품의 소비자권장가격이 소비자 내부준거가격에 미치는 영향" 16 (16): 1-24, 2001

      5 조남기, "소비자의 팽창가격할인광고에 대한 반응에 있어서 준거가격 및 준거 프레임의 영향" 12 (12): 123-144, 1997

      6 김경미, "소비자의 조절초점과 팽창가격 할인광고의 효과" 한국마케팅학회 23 (23): 197-218, 2008

      7 나준희, "소비자의 조절적 동기와 광고의 제시유형이 제품태도에 미치는 영향" 한국광고학회 16 (16): 263-283, 2005

      8 이미영, "브랜드 확장제품에 대한 태도에서 광고유형과 조절적 동기의 효과 연구" 한국방송광고공사 (74) : 61-87, 2007

      9 이진용, "가격정책의 공정성에 대한 소비자 판단에 관한 연구" 11 (11): 77-103, 1996

      10 하영원, "가격 정보의 시간적 분리 프레이밍이 소비자의 구매 의도에 미치는 영향" 한국소비자학회 13 (13): 7-164, 2002

      11 Wang, Jing, "The Role of Regulatory Focus in Preference Construction" 28 : 28-38, 2006

      12 Pham, Michel T., "Rethinking Regulatory Engagement Theory" 19 (19): 115-123, 2009

      13 Pham, Michel T, "Regulatory Focus, Regulatory Fit, and the Search and Consideration of Choice Alternatives" 37 (37): 626-640, 2010

      14 Crowe, Ellen, "Regulatory Focus and Strategic Inclinations: Promotion and Prevention in Decision-Making" 69 (69): 117-132, 1997

      15 Kahneman, Daniel, "Prospect Theory: An Analysis of Decision Under Risk" 47 : 263-291, 1979

      16 Lockwood, Penelope, "Motivation by Positive or Negative Role Models: Regulatory Focus Determines Who Will Best Inspired" 83 : 854-864, 2002

      17 Heath, Timothy B., "Mental Accounting and Changes in Price: The Frame Dependence of Reference Dependence" 22 (22): 90-97, 1995

      18 Armstrong, Gary, "Marketing: An Introduction" Pearson Education International 2009

      19 Tversky, Amos, "Loss Aversion in Riskless Choice: A Reference Dependent Model" 106 (106): 1039-1061, 1981

      20 Aaker, Jennifer L., "I Seek Pleasures and We Avoid Pains: The Role of Self-Regulatory Goals in Information Processing and Persuasion" 28 : 33-49, 2001

      21 Zhu, Tui, "Exploring the Cognitive Mechanism that Underlies Regulatory Focus Effects" 34 (34): 89-96, 2007

      22 Higgins, E. Tory, "Emotional Responses to Goal Attainment: Intensity of Regulatory Focus as Moderator" 72 (72): 515-525, 1997

      23 Fraccastoro, Katherine, "Effective Use of Advertisements Promoting Sale Prices" 10 (10): 61-70, 1993

      24 Idson, Lorraine Chen, "Distinguishing Gains from Nonlosses and Losses from Nongains: A regulatory Focus Perspective on Hedonic Intensity" 36 : 252-274, 2000

      25 Bisvas, Abhijit, "Consumer Perceptions of Tensile Price Claims in Advertisement: An Assessment of Claim Types across Different Discount Levels" 21 (21): 217-229, 1993

      26 Mazumdar, Tridib, "Consumer Evaluations of Multiple Versus Single Price Change" 20 (20): 441-450, 1993

      27 Higgins, E. Tory, "Beyond Pleasure and Pain" 52 (52): 1280-1300, 1997

      28 Mobley, Mary F., "An Investigation of Individual Responses To Tensile Price Claims" 15 (15): 273-279, 1988

      29 Biswas, Abhijit, "An Experimental Assessment of Effects of Associated with Alternative Tensile Price Claims" 29 (29): 65-73, 1994

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