• Title/Summary/Keyword: Product Benefit

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Applying Innovative Model and Optimize Business Management for Product Market

  • liao, Shih-chung
    • Journal of Distribution Science
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    • v.11 no.3
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    • pp.13-22
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    • 2013
  • Purpose - Product purpose for optimal values solution for synthesize evaluative criteria and optimize product design values. In addition, product designer has to consider the product design to conform to project, laws and regulations, authentication, from the product design stage. Research design, data, methodology - How to use an evaluative criteria model's imprecise market data by evaluative criteria research design; product mapping relationships between design parameters and customer requirements using product predicted value method. An evaluative criteria model and their associated criteria status, product evaluative criteria model of results. Results - Therefore, after the enterprise product design project analysis, effectiveness and the customer degree of satisfaction must be appraised to obtain the maximum value for the benefit on behalf of the implementation goals, the promotion product level and market competition strength. Conclusions - In multi criterion decision making (MCDM), using its searching software capacity to obtain the optimal solution.

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A Study on the affecting factors of Smart banking usage in terms of user's benefits and personalization (사용자 편익과 맞춤화가 스마트뱅킹 이용에 미치는 영향 연구)

  • Jun, Byoungho
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.12 no.4
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    • pp.135-143
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    • 2016
  • The purpose of this study is to investigate the user's attitude and usage of smart banking application in terms of user's benefits and personalization. While the prior researches on mobile banking adoption focus on the characteristics of service itself, this paper intends to investigate the smart banking application in terms of user's benefits, which are personal value consumers attach to the product or service attributes. Based on prior studies functional benefits, social benefits, experiential benefits, and personalization are identified as affecting factors of the user's attitude and usage of smart banking application. According to the results of multiple regression analysis, all benefit factors(functional benefit, experimental benefit, social benefit) and personalization were found to be significantly related to the user's attitude. Users' attitude on smart banking was found to be significantly related to the real usage as well. This paper has value in that it investigates the attitude and usage of smart banking in terms of benefits.

Consumer Attitude toward the Retail Sales : More than Price Benefits (점포세일에 대한 소비자태도)

  • 박경애;허순임
    • Journal of the Korean Society of Clothing and Textiles
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    • v.27 no.6
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    • pp.635-642
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    • 2003
  • The purposes of this study were to explore the consumer attitude toward the retail sales, to examine the relationships between the sale attitude and the price-related variables(i.e., price consciousness, sales proneness, and value consciousness), and to examine the effects of the sale attitude and the price-related variables on the perceived price value during the retail sales. Data were collected from 790 undergraduate students using the two types of questionnaires representing the sale and non-sale situations, and 776 responses were analyzed. Factor analysis of the sale attitude extracted five dimensions including price benefit, limited product assortment, impulse buying, low service quality, and disordered store atmosphere. The price benefit and the impulse buying factors were related with all the 3 price-related variables, and all the sale attitude factors were related with the value consciousness. The price benefit and the impulse buying factors positively affected the perceived price value under the sale situation.

A Cost-benefit Analysis of Developing Project for Lime Mineral on the Basis of Case Study (석회석광산 개발사업의 비용-편익분석 -사례 중심으로-)

  • Kwack, Tae-Won;Kim, Hong-Kyun
    • Environmental and Resource Economics Review
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    • v.15 no.4
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    • pp.713-740
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    • 2006
  • In this paper, we examine what factors should be considered in cost-benefit analysis of a resource-developing project as cos and benefit item. According to this study, the reduction in forest product value and the reduction in function to clean air pollution should be included as a environmental cost. However, the reduction in recreation function and function in cleaning water need not to be included. We also calculated a cost-benefit of developing project for lime mineral of A company by applying these factor just mentioned. This paper concluded that the net benefit of this project is positive and the range of the value is from 689,900million won to 1,784,000million won.

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A Study on the Health Benefits Labeling for Livestock Products (축산물의 유용성 표시에 대한 고찰)

  • Jang, Ae-Ra;Chae, Hyun-Seok;Yoo, Young-Mo;Ham, Jun-Sang;Jeong, Seok-Geun;Lee, Seung-Gyu;Ahn, Chong-Nam;Kim, Dong-Hoon;Lee, Sung-Ki;Lee, Eui-Soo
    • Food Science of Animal Resources
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    • v.29 no.5
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    • pp.599-611
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    • 2009
  • This article concerns the labeling guideline for health benefits of livestock products. In recent years, livestock products with health benefits have emerged as a key market for livestock product industries. However, the current labeling regulation for functional foods severely prohibits livestock product industries from attaching most of the health benefits claims to the products. Also, manufacturers have some difficulties in labeling the health benefits of certain livestock products because of a lack of guidelines on health benefit claims for livestock products. Therefore, some livestock product industries and scientists have strongly demanded a revision of labeling regulation, Appended Chart No. 14 provided by Article 52 (2) of Enforcement Regulation of the Processing of Livestock Products Act, so they could mark the health benefits on their products. To support the 'revision of labeling regulation', the goals of this article were as follows; 1) to assess the current situation on nutrition labeling and nutrition claims on foods, 2) to determine the current situation on health claim regulatory systems used in foreign countries (CODEX, USA, Japan, EU, and Australia/New Zealand), 3) to assess the current situation on the health claim or health benefit claim regulations for functional foods, conventional foods, and livestock products in Korea, and 4) to determine the need for complement in health benefit claim for livestock products. In conclusion, guidelines for the use of health benefit claims on livestock products should be prepared as soon as possible and the guidelines should be viable and easy for manufacturers and control authorities to understand. Also, nutrient profiles should be developed to identify whether the livestock products are eligible to bear health benefit claims and to help consumers make the right choices.

Study on Korean SMEs' Brand Luxuriousness Building (마케팅 믹스를 활용한 한국 중소기업의 브랜드 명품성 구축에 대한 연구)

  • Koh, InKo
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.13 no.6
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    • pp.1-14
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    • 2018
  • As interest and consumption of luxury goods have become more popular, luxury goods market is growing rapidly. Consumers can acquire psychological satisfaction with material abundance by purchasing and using luxury goods. Also, from the view of corporations, luxury goods have price inelastic characteristics, so they can enjoy price premium and it is good to produce good performance. That is the reason why they should pay much attention to securing luxuriousness. This study examined the establishment of brands luxuriousness in Korean SMEs. First, it examined the world market of luxury goods industry and the present condition of Korean market. Then it identified the constituents of luxuriousness by examining the prior studies and related literatures, and designed a research model based on the theoretical grounds to suggest the methods of brand luxuriousness building of Korean SMEs. Luxuriousness can be defined as the attribute of product that distinguishes luxury goods from other products by consumers' perceptions, and the factor that provides situational benefits that motivate consumers' purchasing behavior. In this study, I identified the sub-dimensions of luxuriousness according to whether there are product related attributes and consumers' benefit in consideration of the problems of existing studies. Product related luxuriousness are classified into superiority(functional benefit) and scarcity(experiential benefit), while non-product related luxuriousness are classified into differentiation(symbolic benefit) and traditionality(exclusive benefit). The following are the ways to build brand luxuriousness. First, company can use product factors. High quality, excellent design, high recognized brand with strong, favorable and unique images can enhance the luxuriousness of brand. Second, company can use price factors. Consumers tend to perceive luxury goods as high-priced items, so lowering the price of product can undermine the luxuriousness of product. Third, company can use distribution factors. It is effective for making consumers to perceive the differentiation and scarcity of luxuriousness through limited distribution channel. In addition, store atmosphere suitable for luxury brands should be created. Fourth, company can use promotion factors. The more consumers are exposed to advertisements, the more positive attitudes toward luxury brands are made, and consumers recognize luxuriousness higher. Price promotion negatively affects consumers' perception of luxuriousness. Fifth, company can use corporate factors. Consumer evaluations of products are influenced not only by the product attributes but also by the corporate association and corporate image surrounding the product. Considering the existing researches, it is possible to enhance the brand luxuriousness through high corporate competence and good corporate reputation. In order to increase the competence of the enterprise, it is useful to approach multidimensionally in relation with the knowledge creation capability. In corporate reputation, the external stakeholders' reputation is important, but the internal members' reputation is also important. Korean SMEs will be able to build brand luxuriousness by establishing marketing strategies as above and/or mix(integrate) them according to the situation.

A Study on Product Attributes Information Search Patterns and Search Outcomes (제품속성별 정보탐색유형과 탐색성과에 관한연구)

  • 채정숙
    • Journal of Families and Better Life
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    • v.14 no.3
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    • pp.91-108
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    • 1996
  • The major purpose of this study was to find the influencing factors in explaining search patterns of product attributes in formation and to find if significant differences exist in search outcomes by search patterns. The data for this study were collected in a survey and the final sample consisted of 327 respondents purchased refrigerator 340 purchased bed. The important findings of this study are as follows: First the variables related to search cost-benefit play an important role in identifying search patterns for each of product attributers. The findings of this study provide some implications regarding consumer education programs and consumer information providing policies.

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The Role of Online Product Information in the Relationship between Quality, Preference and Customer's Purchase Intention (품질, 취향 및 소비자 구매 의도 간의 관계에 있어 온라인 상품 정보의 역할)

  • Lee, Jung;Lee, Jae-Nam
    • Journal of Information Technology Services
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    • v.8 no.2
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    • pp.205-228
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    • 2009
  • This paper examines how online product information changes the customers' purchase intentions from subjectivity-objectivity dichotomy perspective. Quality and Preference are proposed as product evaluation criteria and their marginal changes with product information differentiation are hypothesized. An experimental survey was conducted to 57 subjects and the hypotheses were partially supported through PLS path comparison method. The study contributes to IS research by proposing a simple and effective product evaluation framework and by abstracting the impact of product information from other factors. Finally, we suggest the utilization of product information with the optimization of the cost-benefit structure between information and purchase intention.

An Benefit-cost Analysis of the Cleaning Device for Photovoltaic Power Generation Systems in Buildings (건축물에 설치된 태양광발전설비를 위한 세척장치의 편익-비용 분석)

  • Kim, Jae-Yeob;Won, Jongsung
    • Journal of the Korea Institute of Building Construction
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    • v.16 no.6
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    • pp.587-594
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    • 2016
  • This study aims to analyze the benefit-cost of the cleaning device for photovoltaic power generation systems in buildings in order to check its economic feasibility. A product, which has similar characteristics to the ultrasound-based cleaning device and is widely used in South Korea, was selected to compare with the benefit-cost value of the ultrasound-based cleaning device in this study. In order to quantitatively and qualitatively analyze benefit and cost aspects of the two products, categories and evaluation factors of each aspect as well as evaluation criteria were identified. Based on the identified evaluation factors and criteria, this study conducted face-to-face interviews with 15 experts to measure weights of benefit and cost aspects of the products. As the results, the total benefit weight of the ultrasound-based cleaning device was larger than its total cost weight since the benefit-cost value was greater than 1, which was 1.6 times of that of to compared product. Therefore, from the economic perspective, it is worth to develop the cleaning device for photovoltaic power generation systems applying ultrasound technology.

Perceived Risks and Benefits to Natural Dyeing Product -The Role of Product Knowledge- (천연염색 의류제품에 대한 지각된 위험과 혜택 -천연염색 제품지식에 따른 차이-)

  • Hong, Hee-Sook;Hong, Byung-Sook
    • Journal of the Korean Society of Clothing and Textiles
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    • v.32 no.9
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    • pp.1343-1355
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    • 2008
  • This study examined the influences of product knowledge(subject knowledge, purchase experience and information search) on perceived risks and benefits to natural dyeing product. Data were collected from a total of 213 Korean females ranging from 20 to 50 years old who know natural dyeing product through online survey. There were significant differences between(or among) groups with different levels of subject knowledge, purchase experience and information search in several types of perceived risks and benefits to natural dyeing product. Consumers with high knowledge of natural dyeing product perceived several types of risks lower than consumers with low knowledge but they perceived several types of benefits higher than consumers with low knowledge.