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Value Measurement For New Product Category: A Conjoint Approach To Eliciting Value Structure, Roland Helmut Heger
Value Measurement For New Product Category: A Conjoint Approach To Eliciting Value Structure, Roland Helmut Heger
Dissertations and Theses
Ability to measure value from the customer's point of view is central to the determination of market offerings: Customers will only buy the equivalent of perceived value, and companies can only offer benefits that cost less to provide than customers are willing to pay. Conjoint analysis is the most popular individual-level value measurement method to determine relative impact of product or service attributes on preferences and other dependent variables. This research focuses on how value measurement can be made more accurate and more reliable by measuring the relative influence of selected methodological variations on performance in prediction and on stability …