1. Introduction
From the birth of the marketing concept in the 1950s, academics and businesses have sought to understand the processes and factors involved in meeting consumers’ wants and needs, i.e., delivering value to consumers. Much of this work is based on the cognition, affect, and behavior (CAB) model that assumes the consumption process is a causal flow from consumer cognition to consumer affect to consumer behavior, that is, cognition variables (information seeking) determine affective responses (state of predisposition) which in turn guide behavioral effects (the choice process and purchase). Since the 1980s, the experience-oriented consumption perspective has become more prominent. Experiential consumption is defined as the experiential, hedonic, esthetic, and subjective dimensions of consuming. New models developed emphasize the importance of consumption experiences and argue that the outcome of consumption is value. Many researchers today see a broad range of consumption that includes but goes far beyond brand choice and purchase behavior. The concept of experience becomes a key element in understanding consumer behavior, as well as a fundamental factor in today’s economy and the marketing of products and services. Consumers have become increasingly sophisticated and demanding with the availability and abundance of products, services, information, technology, as well as retail stores and channels. From the consumer’s viewpoint, obtaining value is a fundamental consumption goal and pivotal to all successful exchange transactions. In response, many retailers are seeking to turn shopping into a high-value pursuit and are highlighting consumer value as an important source of competitive advantage. Despite the importance of value in creating consumer shopping experiences, existing literature on shopping value is limited. Researchers have conceptualized consumer shopping value from different perspectives and disagree upon dimensions of shopping value. Therefore, an in-depth understanding of consumer shopping value is needed. This research seeks to understand consumer shopping value and its dimensions from a holistic view by connecting shopping motivations and processes to the ultimate outcome of shopping through exploring consumers’ shopping experiences in two major shopping contexts: department stores and mass merchandisers. Department stores and mass merchandisers are of interest because they have reigned as primary retailers in the U.S. and have had a significant impact on the retail marketplace due to their size, longevity, national profile and large number of consumers they serve. Department stores are large retail units which generally carry an extensive assortment of merchandise organized into separate departments.
1. IntroductionFrom the birth of the marketing concept in the 1950s, academics and businesses have sought to understand the processes and factors involved in meeting consumers’ wants and needs, i.e., delivering value to consumers. Much of this work is based on the cognition, affect, and behavior (CAB) model that assumes the consumption process is a causal flow from consumer cognition to consumer affect to consumer behavior, that is, cognition variables (information seeking) determine affective responses (state of predisposition) which in turn guide behavioral effects (the choice process and purchase). Since the 1980s, the experience-oriented consumption perspective has become more prominent. Experiential consumption is defined as the experiential, hedonic, esthetic, and subjective dimensions of consuming. New models developed emphasize the importance of consumption experiences and argue that the outcome of consumption is value. Many researchers today see a broad range of consumption that includes but goes far beyond brand choice and purchase behavior. The concept of experience becomes a key element in understanding consumer behavior, as well as a fundamental factor in today’s economy and the marketing of products and services. Consumers have become increasingly sophisticated and demanding with the availability and abundance of products, services, information, technology, as well as retail stores and channels. From the consumer’s viewpoint, obtaining value is a fundamental consumption goal and pivotal to all successful exchange transactions. In response, many retailers are seeking to turn shopping into a high-value pursuit and are highlighting consumer value as an important source of competitive advantage. Despite the importance of value in creating consumer shopping experiences, existing literature on shopping value is limited. Researchers have conceptualized consumer shopping value from different perspectives and disagree upon dimensions of shopping value. Therefore, an in-depth understanding of consumer shopping value is needed. This research seeks to understand consumer shopping value and its dimensions from a holistic view by connecting shopping motivations and processes to the ultimate outcome of shopping through exploring consumers’ shopping experiences in two major shopping contexts: department stores and mass merchandisers. Department stores and mass merchandisers are of interest because they have reigned as primary retailers in the U.S. and have had a significant impact on the retail marketplace due to their size, longevity, national profile and large number of consumers they serve. Department stores are large retail units which generally carry an extensive assortment of merchandise organized into separate departments.
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