Consumers can be provided with information in either an attribute- or an alternative-based way. We consider the literature on information presentation through the theoretical lenses of the Construal Level Theory. We propose and find that providing product-related information in an attribute- rather than an alternative-based way shifts choices. The attribute-based pattern leads to high construal levels and choices driven by desirability-related, high-level attributes (e.g., design). But when the same information is acquired following the alternative-based pattern, it leads to low construal levels and choices driven by feasibility-related, low-level attributes (e.g., price). As a consequence, choice shares for products whose strength lies in convenience and other feasibility-related features are boosted by the presentation of alternative-based information. Conversely, choice shares for products whose strength lies in design and other desirability-related features are increased by the presentation of attribute-based information. We further find that consumers acquiring information in an alternative-based way envision consumption much closer in the future than those acquiring information in an attribute-based way. Finally, we find that attribute-based information leads to more clicking.

Gabriele Pizzi, Daniele Scarpi, Gian Luca Marzocchi (2014). Showing a tree to sell the forest: The impact of attribute- and alternative-based information presentation on consumers’ choices. JOURNAL OF ECONOMIC PSYCHOLOGY, 42, 41-51 [10.1016/j.joep.2013.12.001].

Showing a tree to sell the forest: The impact of attribute- and alternative-based information presentation on consumers’ choices

PIZZI, GABRIELE;SCARPI, DANIELE;MARZOCCHI, GIAN LUCA
2014

Abstract

Consumers can be provided with information in either an attribute- or an alternative-based way. We consider the literature on information presentation through the theoretical lenses of the Construal Level Theory. We propose and find that providing product-related information in an attribute- rather than an alternative-based way shifts choices. The attribute-based pattern leads to high construal levels and choices driven by desirability-related, high-level attributes (e.g., design). But when the same information is acquired following the alternative-based pattern, it leads to low construal levels and choices driven by feasibility-related, low-level attributes (e.g., price). As a consequence, choice shares for products whose strength lies in convenience and other feasibility-related features are boosted by the presentation of alternative-based information. Conversely, choice shares for products whose strength lies in design and other desirability-related features are increased by the presentation of attribute-based information. We further find that consumers acquiring information in an alternative-based way envision consumption much closer in the future than those acquiring information in an attribute-based way. Finally, we find that attribute-based information leads to more clicking.
2014
Gabriele Pizzi, Daniele Scarpi, Gian Luca Marzocchi (2014). Showing a tree to sell the forest: The impact of attribute- and alternative-based information presentation on consumers’ choices. JOURNAL OF ECONOMIC PSYCHOLOGY, 42, 41-51 [10.1016/j.joep.2013.12.001].
Gabriele Pizzi;Daniele Scarpi;Gian Luca Marzocchi
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11585/345715
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