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Full Paper - ANZMAC

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1. Extended product conceptualisation: the “delivered” products (and services),<br />

the consumption situation and the consumer, altogether, give gestalt to the<br />

travel experience.<br />

2. Consumers may express their desired level of the attributes or characteristics<br />

of all three domains associated with the relevant alternatives (Spreng,<br />

MacKenzie and Olshavsky 1996). The product domains may have positive or<br />

negative instrumentalities: benefits sought or inconveniences avoided.<br />

3. These evaluative criteria (benefits, disadvantages) are applicable to a<br />

particular product class (e.g. holiday trips) within which product alternatives<br />

can be evaluated.<br />

4. These criteria are dependent from more abstract cognitive levels such as<br />

personal values, motives and the static-dynamic orientation (Wicklund 1986;<br />

Gnoth et al. 1998).<br />

5. Give and get components, both, contribute to a perceived overall value that<br />

differentiates according to the source of contribution (product, situation,<br />

customer) and the product alternative (Woodruff 1997).<br />

6. Combined together, these three value components yield a preference for a<br />

particular alternative. In general, the product with the highest preference<br />

ranking will be chosen. Of course, unforeseen obstacles, personal (time<br />

restrictions, sickness) or supply side factors (unavailability) may bias the link<br />

between preference order and buying act.<br />

Figure 1: Holiday Preference Model<br />

Values<br />

Motives<br />

Static/<br />

dynamic<br />

orientation<br />

Inconveniences<br />

avoided<br />

Benefits<br />

sought<br />

Instrumentality<br />

Product<br />

attributes<br />

Situation<br />

attributes<br />

Consumer<br />

attributes<br />

strength of belief<br />

expectations<br />

Product<br />

value<br />

Situation<br />

value<br />

Consumer<br />

value<br />

Preferences<br />

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