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A Study on the Difference of Price Response in China: Focus on Tier 4 Cities
Journal of The Korea Society of Computer and Information
Abbr :
JKSCI
2018, 23(12), pp.227-232
Publisher : The Korean Society Of Computer And Information
Research Area : Computer Science
2018, 23(12), pp.227-232
Publisher : The Korean Society Of Computer And Information
Research Area : Computer Science
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The purpose of this study is to empirically measure the consumer response to mobile phone price changes in small and medium cities that have been alienated from Chinese marketing research. To do this, we measured price response through consumer survey based on conjoint analysis. The results of this study are as follows. First, it show a typical pattern in which the part-worth decreases as the price increases. This suggests that there is room for improvement in profitability through pricing strategy for small and medium cities. Second, the decrease of the utility value according to the price increase was different for each city. This implies that difference of price response by city should be used strategically when planning price tactics. This study has contributed to understanding the expansion of research subjects from large cities to small cities and the price response phenomenon of small cities. And it will provide basic data on price response to mobile phone marketers of small and medium cities.
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