Perceived Risk as a Factor in Buying Foreign Clothes

Lumpkin, James R.; Crawford, John; Kim, Gap

doi:10.1080/02650487.1985.11105058

Cited by 53 publications

(31 citation statements)

References 19 publications

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“…In addition, a number of researchers demonstrated that some developed countries enjoy a positive COM effect on their products (Cattin, Jolibert, & Lohnes, 1982;Darling & Wood, 1989;Gaedeke, 1973;Papadopoulos, Heslop, & Beracs, 1990), whereas others, such as Khanna (1986) and Krishnakumar (1974), have discovered that lessdeveloped countries suffer a negative influence from COM identification. However, the significance of the COM effect does not seem to be universal, as many researchers indicated that the effect depends on the type of country (Cattin et al, 1982;Nagashima, 1970), the type of product/product category (Bannister & Saunders, 1978;Kaynak & Cavusgil, 1983;Lumpkin, Crawford, & Kim, 1985;Roth & Romeo, 1992), and the type of consumer (Anderson & Cunningham, 1972;Eroglu & Machleit, 1988;Wall, Heslop, & Hofstra, 1988).…”

Section: Country-of-origin Literaturementioning

confidence: 97%

The Korean versus American marketplace: Consumer reactions to foreign products

Ulgado

Lee

1998

Psychol. Mark.

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Section: Country-of-origin Literaturementioning

confidence: 97%

The Korean versus American marketplace: Consumer reactions to foreign products

Ulgado

Lee

1998

Psychol. Mark.

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“…Examples of the adapted CETSCALE items were: 'English/Hungarian people should, first and foremost, visit art exhibitions by English/Hungarian artists rather than foreign artists', 'I always prefer to support English/Hungarian art over foreign art', 'A real English person/Hungarian should always place English/Hungarian art above foreign art' and 'Visiting art exhibitions on show by foreign artists is unpatriotic'. 'Intention to visit' was assessed via an adaptation of an item suggested by Lumpkin et al (1985). Thus, respondents indicated the extent to which they agreed or disagreed with the statement 'If an exhibition featuring well-known artists from just my own country were to be mounted in the near future in my local area I would probably visit it'.…”

Section: Methodsmentioning

confidence: 99%

Ethnocentric tendencies amongst arts audiences

Kottász

Bennett

2006

J of Philanthropy and Mktg

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*According to empirical research, the most regular consumers of art are well-to-do, welleducated members of the social elite who, as a socio-demographic group, would not be expected to exhibit ethnocentric tendencies. Yet, curators of arts institutions and art critics have long been concerned that ethnocentrism does exist amongst visitors to museums and art galleries. This paper reports the findings of a study that investigated the ethnocentric tendencies of arts audiences in Hungary (where, allegedly, individuals are more inclined to exhibit ethnocentric bias) and England (where the opposite is said to be true). The research examined whether ethnocentrism significantly impacted upon perceptions of artworks from (i) a visitor's own country, (ii) a culturally similar and (iii) a culturally dissimilar country. Intentions to attend art exhibitions featuring artists from these countries were then explored. The empirical analysis confirmed that individuals who exhibited ethnocentric tendencies did in fact overvalue the quality of artworks from their home country. Moreover, ethnocentrism within the Hungarian (but not the English) sample had a significant impact on intentions to visit particular types of exhibition.

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“…For products coming from industrialized countries, consumers in the industrialized country show a favorable attitude towards "Made in" products when the products come from their own home country [33]. The effect is opposite for consumers of developing countries, where the "foreign" product is perceived as being of greater quality and is, therefore, viewed positively [34,35]. The COO theories are closely related to risk perception and prejudices.…”

Section: Country Of Originmentioning

confidence: 99%

“…The COO theories are closely related to risk perception and prejudices. According to Hampton [15] and Lumpkin [35], when consumers in industrialized countries purchase a product of their own country of origin, a low risk is perceived during the decision-making process. The effect is an overestimation of the quality of domestic products and an underestimation in the case of foreign products [36].…”

Section: Country Of Originmentioning

confidence: 99%

Are Consumers Willing to Pay More for a “Made in” Product? An Empirical Investigation on “Made in Italy”

et al. 2017

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Abstract:The paper aims to explore consumer behavior towards "Made in" products in order to determine the associated quality and value-attributes related to the purchasing intention of consumers. In particular, the article presents the comments and results deriving from an empirical investigation on "Made in Italy". The research questions addressed are: (1) Does recognition really exist in terms of qualitative characterization of "Made in Italy" products? And if yes; (2) Does willingness to pay a "premium price" for such products exist in quantitative terms? The study is characterized by two phases. From a theoretical standpoint, the main literature on the topic is presented through the identification and deepening of the scientific strand of reference, such as the Country of Origin, the Country Image and the Brand Image, placing them in a broader context on Willingness to Pay. From an experimental standpoint, the research group investigates the existence and the type of relationship between the perception of quality and the willingness to pay for "Made in Italy" products. The summarized main findings show (1) "Made in Italy" is well established as a conceptual category in the minds of consumers; and (2) there is a significant "premium price" recognized by consumers for "Made in Italy" in the three sectors analyzed (food, fashion and furnishings). The "premium price" is not homogeneously recognized for the various product sectors analyzed, although for all the sectors the most commonly encountered value is relative to 10-30%.

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Perceived Risk as a Factor in Buying Foreign Clothes

Cited by 53 publications

References 19 publications

The Korean versus American marketplace: Consumer reactions to foreign products

The Korean versus American marketplace: Consumer reactions to foreign products

Ethnocentric tendencies amongst arts audiences

Are Consumers Willing to Pay More for a “Made in” Product? An Empirical Investigation on “Made in Italy”

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