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A Conjoint/Logit Analysis of Nursery Stock Purchases
Published online by Cambridge University Press: 10 May 2017
Abstract
Product attributes that determine nursery-stock sales from wholesalers to retail garden centers and landscapers were studied. Conjoint analysis was used to obtain data on buyer preferences. The data were analyzed using ordinary least squares and logit procedures to determine the attributes that are preferred by buyers. It was determined that good- to excellent-quality stock, offerings with a full line of additional plants, taller plants, and cash discounts are desirable attributes. Quality is the dominant attribute affecting preferences. Packaging the preferred attributes together significantly increases the probability of a plant being purchased by buyers.
- Type
- Articles
- Information
- Northeastern Journal of Agricultural and Resource Economics , Volume 19 , Issue 1 , April 1990 , pp. 49 - 58
- Copyright
- Copyright © 1990 Northeastern Agricultural and Resource Economics Association
Footnotes
This work was supported by the Storrs Agricultural Experiment Station, Storrs, CT. The helpful comments of R. L. Leonard, two of the Journal's reviewers, and several other individuals are greatly appreciated.
References
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