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