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Saturday, 19 November 2016
Effects of perceived product quality and Lifestyles of Health and Sustainability (LOHAS) on consumer price preferences for children's furniture in China
Published Date January 2016, Vol.22:52–67, doi:10.1016/j.jfe.2015.12.004 Author
Minli Wan a,,,
Anne Toppinen b,
aSchool of Foreign Languages, Jiangxi University of Finance and Economics, 330032 Nanchang, China
bDepartment of Forest Sciences, University of Helsinki, Helsinki, Finland
Received 27 January 2015. Accepted 17 December 2015. Available online 2 February 2016. Abstract The effects of perceived product quality and orientation toward Lifestyles of Health and Sustainability (LOHAS) on consumer price preferences were studied with the use of survey data of the children's furniture market in two metropolitan cities of China: Shanghai and Shenzhen. Based on the results from a factor analysis and logistic regression, consumers’ perceived product quality of children's furniture was identified as a four-dimensional construct: ‘supplier attributes’, ‘extended product attributes’, ‘basic product attributes’ and ‘environmental quality attributes’. Consumer price preferences were discovered to be negatively influenced by ‘basic product attributes’, but positively influenced by consumer orientation towards LOHAS, gender and education level. In conclusion, China's children's furniture market presents a high-end niche segment with growth potential for both furniture producers and wood material suppliers. JEL classification M20 Keywords
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