Always on your mind? - investigating consideration sets and private labels at the retailer and category level
Author(s)
Stoppacher, Lukas
Foscht, Thomas
Eisingerich, Andreas
Schloffer, Judith
Type
Journal Article
Abstract
The consideration set has been widely studied as a consumer tool to simplify purchase decisions. However, important questions remain about how a retailer’s private label strategy may impact consumers’ consideration sets. In the present study, we employ the Associative Network Theory of Memory as a theoretical foundation and examine how private label consideration at the retailer level may affect consumers’ decision-making at the product category level. Results from two empirical studies indicate that a higher number of private labels considered at the retailer level enhances consideration set heterogeneity at the category level. Critically, this stimulated heterogeneity further increases the purchase probability of private labels in consumers’ consideration sets. This chain of effect also adds explanatory power to the impact of private label attitude on private label purchase probability through serial mediation. Consequently, retailers are encouraged to dilute consumers’ consideration sets by constructing and communicating a diverse private label portfolio.
Date Issued
2024-10-01
Date Acceptance
2024-04-15
Citation
International Review of Retail, Distribution and Consumer Research, 2024, 34 (5), pp.646-668
ISSN
0959-3969
Publisher
Taylor and Francis Group
Start Page
646
End Page
668
Journal / Book Title
International Review of Retail, Distribution and Consumer Research
Volume
34
Issue
5
Copyright Statement
© 2024 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.
This is an Open Access article distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives License
(http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any med ium, provided the original work is properly cited, and is not altered, transformed, or built upon in any way. The terms on which this article
has been published allow the posting of the Accepted Manuscript in a repository by the author(s) or with their consent.
This is an Open Access article distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives License
(http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any med ium, provided the original work is properly cited, and is not altered, transformed, or built upon in any way. The terms on which this article
has been published allow the posting of the Accepted Manuscript in a repository by the author(s) or with their consent.
Identifier
https://www.tandfonline.com/doi/full/10.1080/09593969.2024.2345122
Publication Status
Published
Date Publish Online
2024-04-24