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Hypothesis Testing & Retail Audit. In Consumer Behavior 06.01.2014. Laura Brosch, Iris Kaiser, Tanvi Sharma. H1: Type of mall does not affect CDM styles. Factor loadings : N umerical values indicating strength & direction of a factor on a measured valuable (item )
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Hypothesis Testing & Retail Audit In Consumer Behavior 06.01.2014 Laura Brosch, Iris Kaiser, Tanvi Sharma
H1: Type of mall does not affect CDM styles Factorloadings:Numericalvaluesindicatingstrength & directionof a factor on a measuredvaluable (item) Indicatehowstronglythefactorinfluencesthemeasured variable (item) Source: M. Rahn: Factor Analysis: A Short Introduction, Part 1. URL: http://www.theanalysisfactor.com/factor-analysis-1-introduction/, [30.11.2013]
CDM stylesarefoundtobeindependentof different shoppingcontexts
Consumer observation • Purchase I) E-Book Reader • Purchase II) runningshoes
Information search • Evaluation of alternatives Purchase I) E-Book reader Impact ofrankings • Brochure • Flyers • Contactingserviceassistant • E-Book orTablet? • Criteria: • Price • Handling • Recommendationby a friend via phone-call
Customer profile: „Book lover“ • Age: 24-30 • Occupation: Student • Income level: max. 12.000 €/ year • Location: Berlin • Habits andlikes: reading, middle- expenseentertainment, middletechnicalaffinity • Decision style: priceconscious/ valueformoney • Repurchasepossibility: middle(~ in 2 years)
Evaluation of alternatives • Information search • Information search Purchase II) runningshoes • Contactingserviceassistant 3 times • 3 different models • Criteria: • Design • Quality • Perfect fit • - Check via phone
Customer Profile„The sportyfashionconscious“ • Age: 22 - 25 • Occupation: Student • Income level: 12.000 €/ year • Location: Berlin • Habits andlikes: fashionconscious, sporty, strivingforthenewest • Decision style: noveltyandfashionconscious, high qualityconscious • Repurchasepossibility: high (half a year – 1 year)
Source: http://goo.gl/N3NXgO Hypothesis Testingon IMM Monkeys Weare all collaboratingnegotiators!! YAY!! H1: 70% ofthefemalestudentsofour IMM classhave a collaboratingnegotiationstyle Well 70% ofgirls in thismasterusuallyarecollaborating…
Hypothesis Testingon IMM Monkeys H2:The likelihood of choosing negotiation tactic 1 (making an opening demand that is far greater than what one really hopes to settle for) is irrespective of negotiating styles.