IDEAS home Printed from https://ideas.repec.org/p/ags/saea16/230289.html
   My bibliography  Save this paper

Home Cooking and Willingness to Pay: Local Blueberry Pancake, Muffin, and Banana Bread Mixes in a Take-and-Bake Experiment

Author

Listed:
  • Ilunga, Yves T.
  • Woods, Timothy A.
  • Batte, Marvin
  • Zarebanadkoki, Samane

Abstract

This article explores measurable factors that influence consumers’ willingness to pay for locally produced blueberry mixes: Pancake mix, Muffin mix and Banana Bread mix. The innovative aspect of this study is the experiential take-and-bake experiment survey used in order to evaluate consumers’ willingness to pay for the product. A survey, along with two of the three recipes – dry mixes to be combined with locally grown frozen fruit - was distributed to potential consumers at diverse locations of study. Participants were instructed to prepare the products at home, sample the prepared product and then evaluate the product and process. Sensory and preparation experience attributes for each recipe were considered as potential variables influencing overall WTP, including previous cooking experience for similar products, watching the Food Network, and related shopping choices. The post-preparation survey used a payment card approach to elicit WTP for each product tried as well as the hypothetical third product not tried. A total of 101 out of 102 participants (99.01%) completed the process and returned the survey. Average WTP for the blueberry pancake mix was $3.45, muffin mix $3.25, and the banana-blueberry bread $3.39. The estimate regression of Censored Tobit model of WTP suggests Trial of one product out of three is significant and Age of participant also is significant. The positive correlation of some variables estimate Trial, Baking of Blueberries Experience, Education, Income, Gender (Male), and Watching Food Network showed that these factors have positive effect on WTP for some products. The paper develops the WTP models and also examines the experience versus the hypothetical effects on stated WTP. The results provide some measure of market opportunity, suggest positioning strategies, and also suggest strong returns to home trial marketing incentives for these products.

Suggested Citation

  • Ilunga, Yves T. & Woods, Timothy A. & Batte, Marvin & Zarebanadkoki, Samane, 2016. "Home Cooking and Willingness to Pay: Local Blueberry Pancake, Muffin, and Banana Bread Mixes in a Take-and-Bake Experiment," 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas 230289, Southern Agricultural Economics Association.
  • Handle: RePEc:ags:saea16:230289
    DOI: 10.22004/ag.econ.230289
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/230289/files/DraftHomecooking%20and%20Willingnesstopay.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.230289?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Community/Rural/Urban Development; Consumer/Household Economics; Marketing;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:saea16:230289. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/saeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.