Agricultural and Resource Economics Review · 2013 · 22 citations · 25 references
BusinessMarketingMarketing ManagementAgricultural MarketingMarket SegmentationMarketing StrategyConsumer Demand AnalysisConsumer TheoryDemand AnalysisFood Marketing EconomicsSegment EvaluationSegmentation StrategyConjoint AnalysisConsumer Food PreferencesFood Market SegmentationFruit DemandPeach ProductionPlastic Film PackagingPlastic Packaging MaterialsRetail Market Segmentation
Consumers in today's marketplace have seemingly endless choices with regards to produce. Peach growers and retailers in Ontario, Canada, have begun taking steps to increase demand for their products. This study investigates the impact of those strategies on the market. Using conjoint analysis and market simulations, we evaluate the peach market to identify key drivers of peach purchasing. The results indicate that the market is heterogeneous and that price, origin, and quality indicators are the most important drivers of purchases. Our simulations indicate that adoption of new plastic packaging by the industry is a viable strategy for increasing demand for local peaches.
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Information and Consumer Behavior
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