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Type: Journal article
Title: Branding fresh food: Who is willing to pay more for beef?
Author: Morales, L.
Griffith, G.
Wright, V.
Fleming, E.
Umberger, W.
Hoang, N.
Citation: Acta Alimentaria, 2017; 46(4):395-402
Publisher: Akadémiai Kiadó
Issue Date: 2017
ISSN: 0139-3006
Statement of
L.E. Morales, G. Griffith, V. Wright, E. Fleming, W. Umberger, N. Hoang
Abstract: Retail beef markets not offering objective grade indicators in-store leave consumers uncertain about the quality of beef they purchase. The introduction of fresh brands can better meet consumers’ expectations. Willingness-to-pay for ‘ideal’ quality cuts represents the maximum premiums brands could achieve. Using Australian consumers’ survey data, the maximum premiums are modelled using zero-inflated negative binomial models. Results indicate that buyer’s characteristics and perceptions about product attributes influence the premiums for high-quality beef that consumers are willing to pay for a cut considered ‘ideal’, indicating the maximum premium that brands could achieve in relevant segments. The premiums indicate there is substantial potential for beef cuts that reduce purchase risk by more assuredly meeting buyer’s preferences in Australia.
Keywords: Fresh beef; consistent high-quality; branded food; willingness-to-pay
Rights: Copyright status unknown
RMID: 0030067229
DOI: 10.1556/066.2016.0015
Appears in Collections:Global Food Studies publications

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