Importance of Price as a Benchmark in Shaping Purchasing Preferences Cover Image

Znaczenie ceny jako punktu odniesienia w kształtowaniu preferencji nabywczych
Importance of Price as a Benchmark in Shaping Purchasing Preferences

Author(s): Arkadiusz Stajszczak
Subject(s): Agriculture, Studies of Literature, Methodology and research technology, Marketing / Advertising
Published by: Instytut Badań Rynku, Konsumpcji i Koniunktur
Keywords: purchasing behaviours; theory of perspective; benchmark; price;

Summary/Abstract: An aim of considerations is a practical verification of one of the assumptions of the theory of perspective concerning the benchmark while making decisions. Initially, the author presented the impact of the way of presentation of information on the decisions being made. He paid a particular attention to the phenomenon of benchmark, its various criteria and price as the most quantifiable of them. Based on his own quantitative surveys in the market for pesticides, he showed an asymmetry of price preferences among Polish farmers, purchasers’ reluctance to incur higher expenses on the products being presented as more expensive, and the need for a considerable price discount for the products being presented as cheaper. This research article as well as authors’ surveys findings can be practically applied while positioning products and in marketing communication when constructing advertising messages. As the research methods there were applied: a quantitative survey, an analysis of secondary data, literature studies.

  • Issue Year: 354/2015
  • Issue No: 1
  • Page Range: 252-260
  • Page Count: 9
  • Language: Polish