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Author:Mitchell, V.
McGoldrick, M.
Title:Consumers' risk-reduction strategies: a review and synthesis
Journal:International Review of Retail, Distribution and Consumer Research
1996 : JAN, VOL. 6:1, p. 1-33
Index terms:RISK
BRAND CHOICE
CONSUMER CHOICE
Language:eng
Abstract:The concept of perceived risk is fundamental to the understanding of consumer choice behaviour, be that the choice between products, brands, stores or non-store alternatives. Previous reviews of perceived risk have given little attention to the issue of risk-reduction. This is especially surprising, given the importance of these strategies within the brand or store choice process. This paper identifies thirty-seven risk-reduction strategies (RRS), based upon a review of over one hundred articles; evidence is presented for eighteen of the most commonly used strategies.
SCIMA record nr: 147254
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