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Indian Journal of Marketing

ISSN: 0973-8703 Frequency: Monthly Peer Review: Double-blind Published since: 1968 Language: English
A publication of AMCPL
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New Delhi, India
Indexed in: Scopus Q3 UGC-CARE Group II ABDC: C Google Scholar J-Gate NAAS NISCAIR Crossref

Original Article

Open Access Original Article

Underlying Dimensions of Purchase Decision Process for Consumer Durables: A Confirmation of the Customer - Value Hierarchy Model

Rajesh Matai1Anil K. Bhat2

1 Assistant Professor, Department of Management, Faculty Division-I, Birla Institute of Technology and Science (BITS), Pilani - 333031, Rajasthan

2 Professor, Department of Management, Faculty Division-I, Birla Institute of Technology and Science (BITS), Pilani - 333031, Rajasthan

Volume 43
Issue 5
Pages 16–23
Year 2013
Abstract

The purpose of this study was to find out the dimensions (factors) that customers use in deciding about purchasing a consumer durable, more specifically, a color television. A thirteen item questionnaire was used to elicit responses from 100 potential customers in the city of Jaipur. Factor analysis (data reduction technique) was applied on the collected data. It resulted in the emergence of five factors viz. Core Features; Reliability and Cost; Ease of Operation; Memory, Aesthetic, and Response features; Brand Performance and New features. This seems to confirm the customer - value hierarchy model of five product levels namely Core Benefit, Basic Product, Expected Product, Augmented Product, and Potential Product as these levels match with the earlier five factors presented in the research study. The implication of this study is the continued relevance of looking at a consumer durable as a five layered product offering.

Keywords Factor Analysis Customer-Value Hierarchy Five Product Levels Consumer Durables
How to Cite

Rajesh Matai, Anil K. Bhat (2013). Underlying Dimensions of Purchase Decision Process for Consumer Durables: A Confirmation of the Customer - Value Hierarchy Model. Indian Journal of Marketing, 43(5), 16–23. https://doi.org/10.17010/ijom/2013/v43/i5/36383

References
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