Journal of the Korean Society of Costume (복식)
- Volume 51 Issue 8
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- Pages.61-75
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- 2001
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- 1229-6880(pISSN)
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- 2287-7827(eISSN)
The effects of price and brand on consumers evaluation of clothing - comparison before and after the IMF crisis in Korea -
가격과 상표가 의복의 평가에 미치는 영향 -경제위기 상황 전.후의 비교-
Abstract
This study is designed to compare the evaluations of university students on clothing before and after the IMF crisis in Korea. The conclusions of this study are as follows : First, consumers' perceived quality, value and purchase willingness on high price are raised after the IMF crisis in single cue context. Second. consumers' perceived quality, value and purchase willingness on famous brand are raised after the IMF crisis in single cue context. Third, brand has more effect on quality and purchase willingness than price after the IMF crisis. Fourth, consumers' perceived value and purchase willingness get based on the comparison of both pence and brand after the IMF crisis. Fifth, the highest purchase willingness of university students occurs in the multiple cue context of low price and famous brand both before and after the IMF crisis.