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Article
Regulatory Focus as a Predictor of Attitudes Toward Partitioned and Combined Pricing
Journal of Consumer Psychology
  • Kiljae Lee
  • Jungsil Choi, Cleveland State University
  • Yexin J. Li
Document Type
Article
Publication Date
1-1-2014
Keywords
  • Marketing
Disciplines
Abstract

Partitioned pricing is a widely used pricing strategy, but little is known about the buyer characteristics that influence its effectiveness. The current research contributes to the pricing literature by investigating the impact of regulatory focus on the perceived attractiveness of partitioned and combined pricing. In four studies, we hypothesized and found support for the idea that promotion focused individuals perceive partitioned prices to be more attractive than combined prices, while prevention focused individuals do not differentiate between the two pricing types. Our results also show that regulatory focus influences consumers' information processing style, which in turn leads to important differences in attitudes towards partitioned and combined pricing. Specifically, promotion focused consumers are more likely to engage in global processing and global processing is linked to preferences for partitioned (versus combined) prices.

DOI
10.1016/j.jcps.2014.01.001
Version
Postprint
Citation Information
Lee, K., Choi, J., Li, Y. J. (2014). Regulatory Focus as a Predictor of Attitudes Toward Partitioned and Combined Pricing. Journal of Consumer Psychology, 24(3), pp. 355–362.