The influence of signal attributes on the willingness to pay for pasture-raised beef

Authors

  • Escola Superior de Agricultura Luiz de Queiroz, Universidade de São Paulo
  • Escola Superior de Agricultura Luiz de Queiroz, Universidade de São Paulo
  • Universidade Estadual Paulista Julio de Mesquita Filho
  • Escola Superior de Propaganda e Marketing

DOI:

https://doi.org/10.1108/RAUSP-02-2019-0020

Keywords:

Experiment, Consumer, Beef, International marketing, Attributes

Abstract

Purpose

This study aims to identify the marginal impact of introducing a signal attribute of pasture-raised beef on consumer willingness to pay (WTP) for other independent attributes.

Design/methodology/approach

The study is divided into two steps. The first, qualitative, consisted of investigating the values consumers have regarding beef production. To this end, 52 interviews with Brazilian and US consumers were conducted using laddering. In the second, quantitative, six experiments, (face to face and online) with 267 consumers of beef were performed.

Findings

As a result, the main value found for the Brazilians was security, while for the Americans was self-direction. For consumers, the WTP for animal welfare was the most important in the choice experiments where this information was present.

Originality/value

These findings offer an alternate beef differentiation, enabling it to be sold with higher added value by integrating these.

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Published

2021-02-23

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