DOI QR코드

DOI QR Code

A Study on Factors Affecting Purchase Intention and Price Sensitivity Analysis of Korean Shine-muscat for Consumers in Beijing China

중국 북경 소비자의 샤인머스캣 구매의향 결정요인 및 가격민감도 분석

  • 이정명 (경북대학교 농업경제학과) ;
  • 김승규 (경북대학교 농업경제학과) ;
  • 최세현 (부산대학교 식품자원경제학과)
  • Received : 2020.02.14
  • Accepted : 2020.05.06
  • Published : 2020.05.31

Abstract

The objective of this study is to analyze factors affecting purchase intention and conduct price sensitivity analysis of Korean Shine-muscat for Chinese consumers. Logit model has been set up to find purchase intention with survey data which was conducted in Beijing China. The results show that the high-income, unmarried consumers are more sensitive to the price of Korean Shine-muscat than low-income, married consumers, but have higher purchase intention. Also, consumers who perceive Korea positively and those who prefer Korean dramas are more sensitive to the price but have higher purchase intention. Consumers with a high monthly purchase frequency of Shine-muscat have higher purchase intention of Korean Shine-muscat, but are more sensitive to the price. The results of this study can be utilized as basic information for promoting the export of Korean Shine- muscat to China.

Keywords

References

  1. Gabor, A. and C. W. J. Granger. 1966. Prices as an Indicator of Quality: Report on an Inquiry. Economica. 33: 43-70. https://doi.org/10.2307/2552272
  2. Ha, D. J., S. Y. Lee, and Y. B. Jo. 2014. A Study on Price Sensitivity and Purchasing Attribute of Chinese Cabbage. J. of Agricultural Extension & Community Development. 21(2): 81-99. https://doi.org/10.12653/jecd.2014.21.2.0081
  3. Jeon, H. J. 2011. Chapter 15. China's Agricultural Import and Export System and Our Export Expansion Plan. J. of Korea Rural Economic Institute: 371-407.
  4. Kim, T. K., J. H. Cho, and U. S. Gim. 2012. An Analysis of Importance-Performance and Preference on the Attributes of Korean Apples for Korean Residents in the U.S. The J. of the Korean Society of International Agriculture. 24(3): 265-271.
  5. Korea Agricultural Trade Information. 2017. Chinese Fruit Import Status. KATI. Seoul.
  6. Korea Rural Economic Institute. 2019. Agriculture Observation (Fruits). 10.
  7. Kotler, P. and K. Keller. 2008. Marketing Management 13th ed. Prentice Hall. New Jersey.
  8. Lee S. W., S. H. Min, J. Y. Park, and S. D. Yun. 2005. The Practice on Logit & Probit Model. Pakyoungsa. Seoul.
  9. Lewis, R. and S. Shoemaker. 1997. Price-Sensitivity Measurement: A Tool for the Hospitality Industry. Cornell Hotel and Restaurant Administration Quarterly. 38(2): 44-54. https://doi.org/10.1016/S0010-8804(97)81475-9
  10. McCall, M. and C. L. Bruneau. 2010. Value, Quality, and Price Knowledge as Predictors of Restaurant Price Sensitivity. Journal of Foodservice Business Research. 13(4): 304-310. https://doi.org/10.1080/15378020.2010.524533
  11. Pyeon, J. E. 2015. A Study on Factors affecting Purchase Decision and Willingness to Pay for Imported Agrifood in China - focused on Beijing, Shanghai, Guangzhou, and Qingdao. Seoul National University.
  12. Rural Development Administration. 2017. Analysis of Chinese Consumers' Preference on Korean Grapes. 1-101.
  13. Travers, K. 1983. PSM: A New Technique for Determining Consumer Sensitivity to Pricing. Plog Research, Los Angeles.
  14. Woo, S. G., N. So, and H. S. Ko. 2018. Study on Chinese Consumers' Awareness of Korean Grape. The J. of the Korean Society of International Agriculture. 30(4): 320-327. https://doi.org/10.12719/KSIA.2018.30.4.320