Now showing 1 - 6 of 6
  • Publication
    Consumers' Emotions about Getting a Discount and their Likelihood to Return at Regular Prices
    (EMAC European Marketing Academy, 2013-06-04) ;
    Discounts are an important strategic tool for service marketers to attract new customers or to entice them to use their service during off-peak times. To establish long-term relationships it is crucial for firms to understand when and why these customers are willing to return at regular prices. Using a discrete emotions approach, we propose that this depends on the specific positive emotion elicited by this price situation. The results of a field study with 803 customers indicate that the distinct agency attributions associated with getting a discount trigger different emotions (pride, gratitude, relief, surprise) that distinctively affect post-purchase intentions.
  • Publication
    Emotional Effects of Purchase Price-Reference Price Divergence
    (Association for Consumer Research, 2012-10-05) ;
    This research investigates consumers' discrete emotional responses to discrepancies between the actual price paid versus their maximum willingness to pay or the price they expected to pay. We report evidence that divergence from these different reference prices trigger specific emotions, which in turn distinctively affect consumers' behavioral intentions
  • Publication
    In what condition is a price increase perceived as fair? : An empirical investigation in the cable car industry
    This paper investigates the concept of customers' perceived price fairness in the context of different price increase conditions. Several tourism service industries seem reluctant to systematically vary or occasionally rise prices, mostly because of potential negative consumer responses. Previous studies in behavioral pricing confirm that a price increase may be perceived as highly unfair and, with this, may lead to negative consequences for the firm. However, there is some evidence that not all price increase events are perceived equally and that consumers' fairness perception depends on the situational conditions of the respective price event. Drawing on the principle of dual entitlement and attribution theory, the results of a standardized survey with 1530 cable car customers in Switzerland reveal that cost-based reasons seem to legitimate a price increase, rather than excess demand conditions. Still, within cost conditions, an increase in internally controllable costs is perceived as a less fair reason for raising prices as opposed to an exogenously caused and uncontrollable cost increase. Interestingly, increasing prices without any communicated reason is perceived as the most unfair condition, indicating the crucial role of price communication.
  • Publication
    Predicting Online Travel Purchases: The Case of Switzerland
    This paper examines why and under what conditions prospective travelers complete their bookings through online services compared to other methods. The study is based on a repre-sentative survey within 1,898 Swiss households. The results show that the likelihood of book-ing online increases if someone is drawn to a website to gather information in the first place, and if the product sold through the website is transparent and well-understood (either per se or because the customer is familiar with the product), or if any other booking-related communication would impose a financial charge, independent of the socio-demographic background of the prospective traveler
  • Publication
    Health travel motivations and activities : The Swiss case
    (Travel & Tourism Research Association, 2008-06-17) ; ;
    This study investigates predictors (stated motivation and reported leisure activities) of health travel as opposed to a control group incorporating all other travel of the Swiss resident population, a well matured market. An a-priori segmentation of more than 11,000 trip cases (health travel as opposed to non health travel) was chosen as means of methodological concept, and stepwise logistic regression of 25 types of motivations and 72 types of activities towards group membership served as means of analysis. There appears to be a mature perception of health travel in the developed Swiss market, comprising rewarding elements of beauty, indulgence, and regeneration combined with demanding elements such as (challenging and stimulating) sports, including mountain biking, hiking, and golf.
  • Publication
    Perceived Price Fairness of Price Discrimination in the Restaurant Industry: The Case of Switzerland
    This paper discusses the concept of perceived price fairness and its application to demand-based price systems in the restaurant industry. Although the service literature suggests applying a demand-based instead of a cost-based pricing approach, price discrimination is underused in today's restaurant industry - mainly due to a fear of potential price unfairness perception. This paper offers some innovative price systems and empirically tests their fairness perception on Swiss restaurant guests. Results indicate that (1) price discrimination based on output is perceived as fairer than based on time, (2) for attributes that increase perceived value, a price premium is considered fair.