Browse > Article
http://dx.doi.org/10.9708/jksci.2021.26.02.213

The Effect of Product Price and Image Effect on Consumers Product Evaluation and Intention to Purchase  

Zhang, Jin-Zi (Dept. of Global Business, Kyonggi University)
Abstract
With the continuing development of the global economy, the scale of international production and management of companies is expanding rapidly nowadays. As a result, it is increasingly important for multinational companies to establish appropriate marketing strategies for products in order to successfully enter overseas markets. When consumers evaluate the quality of products from various countries, they depend heavily on the image of the product as well as the price of the product. Therefore, this study aim to find out how the price, country image, brand image and country of origin image affect on consumer product evaluation and purchase intention. Based on these concepts, the significance of this study is helping local companies make more appropriate marketing strategies by understanding the importance of price and image of a product to companies and knowing more accurate recognition in Korea and Korean-made products of Chinese consumers. The results of this study which used AMOS model showed that 1) The country image and country of origin image for a product had a positive effects on product quality, 2) The price and country image of a product had a positive effects on service quality, 3) And evaluation of product had a positive effects on purchase intention. Based on these results, we made some proposals and presented the future research directions according to the limitations.
Keywords
Country of origin image; Brand image; Country image; Evaluation of product; Purchase intention;
Citations & Related Records
연도 인용수 순위
  • Reference
1 Minho Lee, "The Effect of Country Image, Country-of-Origin Image and Brand Image of Import Product on Product Estimation Between Conclusion and Non-conclusion Countries of FTA with Korea," Korea Customs Society, Vol. 13, No. 3, pp. 173-192, Aug. 2012.
2 Moontae Kim, "Differences in Product Characteristics in terms of the Impact of Brand Origin on Brand Performance," Management & Information Systems Review, Vol. 39, No. 2, pp. 113-126, June 2020. DOI: 10.29214/damis.2020.39.2.007   DOI
3 Parasuraman, A., V. A. Zeithaml, and L. L. Berry, "SERVQUAL: a multiple item scale for measuring customer perceptions of service quality," Journal of Retailing, Vol. 64, No. 1, pp. 12-40, Nov. 1988.
4 Sanghoon Kim, Hyunjung Park, "Effects of Country of Manufacture and Country of Brand on Consumers' Quality Perception and Purchase Intention," Marketing Research, Vol. 25, No. 2, pp. 19-40, June 2010.
5 Sangmin Nam, "The moderating role of manufacture origin image, brand globalness and conspicuous consumption in country of origin effects: focused on BMW, made in China" Journal of Koreanisch Deutsche Gyengsangnongchon, Vol. 37, No. 1, pp. 23-43, March 2019. DOI: 10.18237/KDGW.2019.37.1.023   DOI
6 Schooler, R. D. "Product Bias in the Central American Common Market," Journal of Marketing Research, Vol. 2, No. 4, pp. 394-397, Nov. 1965. DOI: 10.2307/3149486   DOI
7 Yoojae Lee, Sunah Ra, "The Relative Effects of Three Dimensions of Service Quality on CS: A Comparative Study of Existing vs. Potential Customers," Marketing Research, Vol. 18, No. 4, pp. 67-98, Dec. 2003.
8 Yoonseo Park, Seung-In Lee, Liu Yang, "A Study on the Joint Effect on Country-of-Origin and Brand Image on Consumer Evaluation of products: Focusd on the Differences Between Korean and Chinese Consumers," International Review, Vol. 14, No. 4, pp. 33-69, Dec. 2010. DOI: 10.21739/IBR.2010.12.14.4.33   DOI
9 Youngsoo Huh, Chuljae Choi, "Structural Causal Relationships Among Brand Image, Brand Familiarity, Brand Knowledge, Perceived Risk, Trust and Purchase Intention and Mediating Role of Perceived Risk in Life Insurance Service," Journal of The Korean Management Association, Vol. 29, No. 8, pp. 1285-1311, Aug. 2016. DOI: 10.18032/kaaba.2016.29.8.1285   DOI
10 Yukyung Jung, Minjung Kim, Seoho Shin, "Effect of the country-of-origin, brand image, product evaluation on the coffee speciality stores," Tourism Leisure Research, Vol. 23, No. 5, pp. 191-310, July 2011.
11 Ze Gao, Jaeyeon Sim, Xuan Liao, "Empirical Study on the Impact of China Mobile Phone Market Origin Image on Consumers' Purchasing Intention," Journal of the Korea Convergence Society, Vol. 10, No. 11, pp. 101-109, Nov. 2019. DOI: 10.15207/JKCS.2019.10.11.101   DOI
12 Zeithaml, V., M. J. Bitner, Services Marketing, Irwin/McGraw-Hill, New York, 2002.
13 Byungil Hwang, "Effects of country-origin dimension on product evaluation and buying intention," Advertising Study, Vol. 10, No. 1, pp. 135-153, March 1999.
14 Aaker, D.A., "Marketing brand equity: Capitalizing on the value of a brand name," The free press, 1991.
15 Agarwal, S. and Teas, R.K. "Perceived Value: Mediating Role of Perceived Risk," Journal of Marketing, Vol. 9, No. 4, pp. 1-14, 2001.
16 Ahnah Son, "The Effects of Price, Brand Image and Origin Image on the Will to Purchase," Modern Business, pp. 30-31, 2007.
17 Chao Paul. "Partitioning Country of Origin Effects: Consumer Evaluations of a Hybrid Product," Journal of International Business Studies, Vol. 24, No. 2, pp. 291-306, June 1993. DOI: 10.1057/palgrave.jibs.8490851   DOI
18 Cronin, J.J. Jr. and S. A. Taylor, "Measuring service quality: a re-examination and extension," Journal of Marketing, Vol. 56, pp. 55-68, 1992.   DOI
19 Devaraj, S. Matta, K. Conlon, E., "Product and service quality: The antecedents of customer loyalty in the automotive industry," Production and Operations Management, Vol. 10, No. 4, pp. 424-439, Dec. 2001.   DOI
20 Hankyung Jung, Inkyu Song, "Effects of Country Image and Brand Image on Purchasing Intention," The Society of Convergence Knowledge Transactions, Vol. 7, No. 1, pp. 1-7, Jan. 2019.   DOI
21 Hoon Kim, Shuhuai Miao, "Effects of Chinese Consumers' Patriotism on the Purchase Intention of Foreign Products," The Society of Chinese Studies, Vol. 90, No. 90, pp. 193-224, Nov. 2019. DOI: 10.36493/JCS.90.7   DOI
22 Kotler, P. "Analysis, Planning, Implementation and Control, N. J., Prentice Hal," Marketing Management, 1997.
23 Huber Joel and John McCann, "The impact of inferential beliefs on product evaluation," Journal of Marketing Research, Vol. 19, No. 3, pp. 324-333, Aug. 1982. DOI: 10.2307/3151566   DOI
24 Jaewoo Kim, "The Research on the Analysis of National Image and Purchase Intention: Automobiles and Electronices device in Turkey," Journal of International Trade and Insurance, Vol. 21, No. 3, pp. 117-127, June 2020. DOI: 10.22875/jiti.2020.21.3.008   DOI
25 Jeangyeun Yun, Taeyoo Chun, Jaelyong Kim, Nohyun Park, "The Effects of Shopping Motivation and Quality Attributes on Customer Satisfaction, Trust and Loyalty of DIY Online Shopping Mall," Korea Logistics Review, Vol. 30, No. 3, pp. 45-56, June 2020. DOI: 10.17825/klr.2020.30.3.45   DOI
26 Kumyoung Kim, Lijie Feng, "The Effects of Korean National Image on Product Evaluation and Purchasing Intentions: Focused on Cosmetic Users of Chinese Tourists," Journal of Tourism & Leisure Research, Vol. 31, No. 7, pp. 97-114, July 2019. DOI: 10.31336/JTLR.2019.7.31.7.97   DOI
27 Liyi Chen, "Study on the Influence of Moderating Variables on Country of Origin Effect : Focused on Product Involvement and Brand Familiarity," 2013.
28 Fishbein, M. and Ajzen, I., Belief, Attitude, Intention, and Behavior: An Introduction to Theory and Research, Reading, MA: Addison-Wesley, 1975.
29 Martin Ingrid M. and Sevgin Eroglu, "Measuring a multi-dimensional construct: Country image," Journal of Business Research, Vol. 28, No. 3, pp. 191-210, Nov. 1993. DOI: 10.1016/0148-2963(93)90047-S   DOI