DocumentCode
168231
Title
The Influence of Introduction Strategies for Product Upgrades on Consumer Involvement and Purchasing Decisions
Author
Ming Te Liu ; Pi Chu Wu
fYear
2014
fDate
10-12 June 2014
Firstpage
868
Lastpage
871
Abstract
In this study, we examined iPad users in order to explore companies´ introduction strategies for the product upgrades of consumer electronics. Introduction strategies for product upgrades comprise three variables: (1) creating a gap between the preannouncement and release date, (2) varying the time intervals between upgrades, and (3) controlling the number of upgrades. We simulated eight scenarios where companies´ introduction strategies for product upgrades were manipulated using these three variables. We discovered that introduction strategies have a significant influence on consumer involvement. Specifically, we found that involvement with products and purchasing situations has a significant positive influence on the purchasing decisions of first-time and return customers, and that advertisements had no significant influence on these same customers´ purchasing decisions. The experiment also indicated that the intervals between upgrades, the number of upgrades, and the gap between preannouncements and release dates indeed result in differential consumer involvement and purchasing decisions.
Keywords
consumer behaviour; consumer electronics; market opportunities; market research; purchasing; strategic planning; consumer electronics; consumer involvement; first-time customers; iPad users; preannouncement date; product upgrade introduction strategies; purchasing decisions; release date; return customers; Companies; Consumer electronics; Educational institutions; Industries; Production; Psychology; Tablet computers; Consumer electronics products; consumer involvement; introduction strategies; product upgrades; purchasing decision;
fLanguage
English
Publisher
ieee
Conference_Titel
Computer, Consumer and Control (IS3C), 2014 International Symposium on
Conference_Location
Taichung
Type
conf
DOI
10.1109/IS3C.2014.229
Filename
6846021
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