Articles
FRAMEWORK FOR THE ANALYSIS OF CONSUMER CHOICE BEHAVIOUR REGARDING CUT FLOWERS AND POT PLANTS
Stages that may be distinguished are: determination of the budget share that will be spent on each product class, the choice of a product category within a product class and the choice of a specific brand or variety within a product category.
In each of these stages many factors may influence consumer choice behaviour.
This paper discusses in which part of the flower and plant buying households a multistage choice process can be assumed.
Subsequently, a mathematical model will be proposed and discussed for each phase in the choice process.
The data were obtained from a consumer panel and only those households belonging to a panel for a period of two years were selected.
These households were then used to form a sample of 1000 households.
In this way it was possible to base the analysis in each particular phase of the choice process on cross-section data, time-series data and on a pooling of cross-section and time-series data.
The analysis can also b performed on the whole market as well as on particular market segments, which means that potential advantages of market segmentation can be evaluated.
