British Journal of Marketing Studies (BJMS)

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Examınıng Prıce Perceptıon And The Relatıonshıps Among Its Dımensıons Vıa Structural Equatıon Modelıng: A Research On Turkısh Consumers


Price is one of the most important marketplace cues that consumers use in their decision making. It is widely known that consumers react differently to price. Many researchers have noted that price has a complex structure. According to Lichtenstein et al (1993), there are multidimensional aspects of price cues and suggested several dimensions. The purpose of this study is to examine price perception and the relationships among its dimensions. In order to achieve this aim, a field research was conducted on sports shoe consumers in Turkey. 638 consumers voluntarily participated the survey. According to the findings, some of the relationships among the dimensions of price perception were significant. Besides, it was revealed that the most exploratory dimensions of price perception were value consciousness and price consciousness.

Keywords: Price Perception, Sports Shoe Consumers, Structural Equation Modeling

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