Marketing Science 1984
Variety Seeking Through Brand Switching
Abstract
A concept of variety seeking behavior is modeled as a stochastic brand choice model. The model yields a measure of variety seeking for each individual consumer. Panel data for 28 products are analyzed for each household and the possibility of market segmentation by variety seeking behavior is explored.
- DOI
- 10.1287/mksc.3.1.1
- Sources
- openalex