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Where You Shop Affects How You Choose: Retailer Price Image and the Importance of Enriched versus Comparable Attributes

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  • Jeffrey S. Larson
  • Ryan Hamilton
  • Jeffrey R. Parker

Abstract

This research documents a novel influence of retailer price image (RPI): its effect on what consumers choose within the retailer. Because a high RPI is associated with a high likelihood of finding lower prices elsewhere, we propose that shopping at a retailer with a high RPI, relative to a low RPI, increases the salience of the option to defer choice (i.e., to leave the retailer and search elsewhere). We further propose that the increased salience of the no-choice option alters the importance consumers place on enriched attributes (e.g., brand, unique design) versus comparable attributes (e.g., megapixels, number of settings) when choosing an option (i.e., when they do not defer). The findings of seven experiments show that high-RPI settings increase the relative importance of enriched attributes, thereby making options dominating on enriched attributes more likely to be chosen in high-RPI settings than in low-RPI settings.

Suggested Citation

  • Jeffrey S. Larson & Ryan Hamilton & Jeffrey R. Parker, 2021. "Where You Shop Affects How You Choose: Retailer Price Image and the Importance of Enriched versus Comparable Attributes," Journal of the Association for Consumer Research, University of Chicago Press, vol. 6(1), pages 130-141.
  • Handle: RePEc:ucp:jacres:doi:10.1086/710249
    DOI: 10.1086/710249
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    Cited by:

    1. Stephan Zielke & Deonir Toni & José Afonso Mazzon, 2023. "Cognitive, emotional and inferential paths from price perception to buying intention in an integrated brand price image model," SN Business & Economics, Springer, vol. 3(1), pages 1-25, January.
    2. Daniel Sheehan & Ryan Hamilton & Ramnath K Chellappa, 2022. "When Is HILO Low? Price Image Formation Based on Frequency versus Depth Pricing Strategies [The Influence of Prior Beliefs, Frequency Cues, and Magnitude Cues on Consumers’ Perceptions of Comparati," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 49(4), pages 543-560.

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