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Potential market segments for genetically modified food: Results from cluster analysis.

Authors :
Kaye-Blake, William
O'Connell, Anna
Lamb, Charles
Source :
Agribusiness; Oct2007, Vol. 23 Issue 4, p567-582, 16p, 4 Charts
Publication Year :
2007

Abstract

The commercial success of genetically modified (GM) food may be improved with appropriately targeted marketing. To that end, data from a survey of supermarket shoppers in New Zealand were analysed with a cluster analysis. A six-cluster solution found three clusters with positive intentions to purchase GM apples and three clusters with negative intentions. Positive intentions appeared to result from either price sensitivity or a desire to obtain a premium product. Negative intentions were especially strong in one cluster but appeared to be partially counteracted in two other clusters by offering respondents a specific benefit from gene technology. These results suggest that GM food may benefit from appropriate marketing to specific consumer segments. [EconLit classification: D120, M310]. © 2007 Wiley Periodicals, Inc. Agribusiness 23: 567–582, 2007. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
07424477
Volume :
23
Issue :
4
Database :
Complementary Index
Journal :
Agribusiness
Publication Type :
Academic Journal
Accession number :
26961407
Full Text :
https://doi.org/10.1002/agr.20134