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Do "Locally Made" Products Affect Price Perceptions? Not Always
Conference proceeding   Peer reviewed

Do "Locally Made" Products Affect Price Perceptions? Not Always

Rajneesh Suri, Mrugank Thakor and Umit Koc
Advances in Consumer Research, Vol.38
01 Jan 2011

Abstract

Local products Perceptions Prices Studies Willingness to pay
Little research has examined the effects of 'locally made' appeals on price perceptions. Based on cue-consistency and information integration theory, we find in two studies that motivated participants have higher willingness to pay, when the target is locally made rather than 'USA made', and also perceive a 'locally made' target to be less expensive under certain conditions.

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