The Impact of Perceived Brand Globalness on Consumers' Willingness to Pay

Author(s)
Vasileios Davvetas, Christina Sichtmann, Adamantios Diamantopoulos
Abstract

This research replicates the study of Steenkamp, Batra, and Alden (2003) on perceived brand globalness (PBG) and provides a stringent test of their documented effects through (a) considering the impact of PBG on consumers' willingness to pay (WTP), and (b) experimentally manipulating brand globalness. Across four studies, the results suggest that consumers are willing to pay more for global brands as long as their globalness leads to a more favorable brand attitude. Testing a comprehensive set of consumer characteristics as moderators, we find that the increased tolerance towards global brand price premiums is robust across consumer segments.

Organisation(s)
Department of Accounting, Innovation and Strategy
Journal
International Journal of Research in Marketing
Volume
32
Pages
431-434
No. of pages
4
ISSN
0167-8116
DOI
https://doi.org/10.1016/j.ijresmar.2015.05.004
Publication date
12-2015
Peer reviewed
Yes
Austrian Fields of Science 2012
502052 Business administration
Keywords
ASJC Scopus subject areas
Marketing
Portal url
https://ucrisportal.univie.ac.at/en/publications/63551d69-a036-439b-b07b-d27520bba9ff