Does the introduction of the Euro have an effect on subjective hypotheses about the price-quality relationship?

Publikation: Beiträge in ZeitschriftenZeitschriftenaufsätzeForschungbegutachtet

Authors

Product prices are often considered to be an indicator for quality. In our experiment we focussed on the question if consumers' hypotheses can be biased by exchanging the digits on price displays due to currency changes. We found that high numbers in a price expressed in terms of a currency with a relatively low value (German Mark) lead to a higher perceived quality level than an equivalent price expressed in terms of relatively high listed currency (Euro). Contrary to our expectations we could not prove that this effect is stronger for premium than for low‐budget products.
OriginalspracheEnglisch
ZeitschriftJournal of Consumer Behaviour
Jahrgang5
Ausgabenummer3
Seiten (von - bis)204-210
Anzahl der Seiten7
ISSN1472-0817
DOIs
PublikationsstatusErschienen - 17.06.2006
Extern publiziertJa

DOI