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Brand Choice and Loyalty

Evidence from Swiss Car Registration Microdata

Beat Meier

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Springer Fachmedien Wiesbaden img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Werbung, Marketing

Beschreibung

By analyzing a large car registration dataset, Beat Meier shows various aspects of consumer behavior in the context of durable goods. He thereby isolates various influences on purchase decisions, e.g. the brand owned before, the price, and demographic variables. Furthermore, he investigates the short-term effects of tax incentives and reputation shocks on brand choice and brand loyalty. The dataset used is very unique and allows a longitudinal examination of the cars owned by a person. This permits to gain insights on consumer behavior of durable goods that are relatively expensive and bought infrequently.

 

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Schlagwörter

Brand Choice, Markov chains, Choice modeling, Consumer Behavior, Purchase behavior, Empirical marketing, Evidence from Swiss Car Registration Microdata, Influences of Demographic Factors, Loyalty, Effects of Incentives on Purchase Behavior, Formation of Brand Loyalty over Time