Özyeğin Üniversitesi, Çekmeköy Kampüsü Nişantepe Mahallesi Orman Sokak 34794 Çekmeköy İstanbul

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22.03.2024 - 22.03.2024

İşletme Fakültesi Pazarlama Semineri | Doç. Dr. Kunter Gunasti | Washington State University

Özyeğin Üniversitesi
Orman Sk
Nişantepe Mahallesi, Çekmeköy, İstanbul 34794

Tarih: 22.03.2024
Zaman: 13:30-15:00
Yer: AB2 G12

Konuşmacı: Dr. Kunter Gunasti, Associate Professor of Marketing Washington State University

Başlık: The Sign of Attribute Relationships Influences: Product Valuation and Preference via Perceived Relationship Magnitude

Özet: Marketers often have the chance to frame the sign of a relationship between product attributes. For example, battery capacity of used electric vehicles (EVs) is equivalently stated in terms of their remaining or degraded battery percentages, which are positively and negatively related to price, respectively. A relationship’s sign is logically independent of its magnitude. Yet, results from six studies showed that a relationship’s magnitude was perceived as larger (i.e., having a steeper slope) when its sign was positive versus negative. The effect arose regardless of objective relationship magnitude, representation of relationship data, and independently of perceived causal strength or scale-compatibility effects. The larger perceived relationship magnitude between price and battery capacity when it was described in terms of remaining (vs. degraded) battery increased willingness-to-pay and preference for an EV with better battery capacity. Termed relationship-sign framing, this novel framing effect has cost-effective and actionable implications for managers and consumers.