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How surface texture affects consumers' willingness to pay: Evidence from smartphone covers.

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Area of Science:

  • Consumer Behavior
  • Sensory Marketing
  • Behavioral Economics

Background:

  • Limited research on tactile impressions' impact on consumer valuation.
  • Prior studies focused on visual and auditory cues.
  • Surface texture's commercial relevance in product valuation is underexplored.

Purpose of the Study:

  • Investigate tactile impressions' effect on willingness to pay (WTP) for smartphone covers.
  • Analyze WTP variations across different surface textures and reference prices.
  • Examine demographic, socioeconomic, and behavioral factors influencing consumer valuation.

Main Methods:

  • Survey data from 387 mall respondents evaluating four smartphone cover textures.
  • Two reference price conditions (100 yen and 1,000 yen) were applied.
  • Ordinary Least Squares (OLS) regression analyzed consumer characteristics and WTP.

Main Results:

  • Willingness to pay (WTP) increased with higher reference prices (price anchoring effect).
  • Men, unmarried individuals, and those with hyperbolic discounting showed higher WTP for specific textures.
  • Risk preference, smartphone usage, and impatience did not significantly predict WTP.

Conclusions:

  • Firms can leverage textured products for premium pricing strategies.
  • Sensory marketing, like in-store trials, can enhance consumer engagement with textured products.
  • Study integrates tactile marketing with behavioral economics, highlighting sensory cues and time preferences in valuation.