Is having accurate knowledge necessary for implementing safe practices?: A consumer folk theories-of-mind perspective on the impact of price
Document Type
Article
Publication Date
1-1-2016
Publication Title
European Journal of Marketing
Volume
50
Issue
2017-05-06
First page number:
1073
Last page number:
1093
Abstract
PurposeThe purpose of this research is to increase consumer safety by providing insights about the linkage between consumer knowledge, price perception and safety intentions. Drawing from the expanded societal view of marketing, this model aims to further understanding of the connection between consumer education and safety from a folk theories-of-mind perspective. Design/methodology/approachThis paper utilizes a phased, mixed-methods and interdisciplinary approach which blends transportation research and marketing. First, a qualitative inquiry of 151 comments regarding child safety seats was conducted. Next, using the key themes and concepts, a quantitative model was derived and a proposed structural equation model on a sample of 217 respondents was tested. FindingsAlthough consumers understand the importance of child safety seats and the ample potential harms associated with their misuse, this paper contributes to existing literature by showing that a high perceived price can offset potential experience with them, attitude toward them and future use of them. Practical implicationsIntegrated marketing campaigns to increase safety practices regarding child safety can be framed from a “cost of a life” rather than a “cost of a seat” perspective. Originality/valueThis research contributes by highlighting the importance of perceived price as it weighs against safety in a quantitative model, showing that consumer education can increase usage intentions for critical products and offering a mixed-methods, interdisciplinary approach to reduce framing biases and address a topic of significant societal concern. © 2016, © Emerald Group Publishing Limited.
Keywords
Behavioural sciences; Consumer behaviour; Consumer research; Knowledge; Pricing; Safety
Language
English
Repository Citation
Krishen, A.,
Agarwal, S.,
Kachroo, P.
(2016).
Is having accurate knowledge necessary for implementing safe practices?: A consumer folk theories-of-mind perspective on the impact of price.
European Journal of Marketing, 50(2017-05-06),
1073-1093.
http://dx.doi.org/10.1108/EJM-01-2015-0027