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The Impact of Producers’ Cognitive Styles on their Purchasing Behavior

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  • Feeney, Roberto
  • Accursi, Federico
  • Clay, Pablo Mac

Abstract

This paper inquires on the impact of cognitive styles over the decision-making process producers perform while making input and capital equipment purchases. We will question if Argentine farmers with diverse cognitive styles have different purchasing behaviors when buying the inputs they use in their farming operations. Cognitive styles express differences in the way decision-makers process information and organize knowledge. Results show that different segments of producers have distinctive purchasing behaviors. Specifically, analytic-oriented producers tend to focus more on product performance and less on the relationship with suppliers when buying their inputs. They also tend to be loyal to input brands, they rely less on dealers/retailers and salespeople, and they are willing to change suppliers more often than other producers. Intuitive-oriented producers value more the relationship with the supplier and are interested in contacting the salesperson if they need a product. While balanced-oriented producers declare to be less loyal to brands but are more stable in terms of not changing input suppliers frequently. This characterization of producers has important business implications, since identifying and segmenting the different types of producers with different cognitive styles and distinctive buying profiles is a key aspect of the strategic marketing plan of any company in the input markets. To our knowledge, this is the first paper on the topic of cognitive styles of Argentine producers and their impact on their purchasing behaviors.

Suggested Citation

  • Feeney, Roberto & Accursi, Federico & Clay, Pablo Mac, 2019. "The Impact of Producers’ Cognitive Styles on their Purchasing Behavior," International Journal on Food System Dynamics, International Center for Management, Communication, and Research, vol. 10(05), December.
  • Handle: RePEc:ags:ijofsd:345350
    DOI: 10.22004/ag.econ.345350
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    References listed on IDEAS

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    1. Maarten Kool & Matthew T. G. Meulenberg & Douwe-Frits Broens, 1997. "Extensiveness of farmers' buying processes," Agribusiness, John Wiley & Sons, Ltd., vol. 13(3), pages 301-318.
    2. Roucan-Kane, Maud & Alexander, Corinne E. & Boehlje, Michael & Downey, W. Scott & Gray, Allan W., 2011. "Large Commercial Producer Market Segments for Agricultural Capital Equipment," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 14(4), pages 1-18, November.
    3. Harbor, Anetra L. & Martin, Marshall A. & Akridge, Jay T., 2006. "Assessing Agricultural Input Brand Loyalty Among U.S. Mid-Size and Commercial Producers," 2006 Annual meeting, July 23-26, Long Beach, CA 21460, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Daniel Kahneman, 2003. "A Psychological Perspective on Economics," American Economic Review, American Economic Association, vol. 93(2), pages 162-168, May.
    5. repec:eme:jadeep:jadee-02-2015-0013 is not listed on IDEAS
    6. Christopher W. Allinson & John Hayes, 1996. "The Cognitive Style Index: A Measure of Intuition‐Analysis For Organizational Research," Journal of Management Studies, Wiley Blackwell, vol. 33(1), pages 119-135, January.
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    1. Niavis, Spyros & Kyrgiakos, Leonidas-Sotirios & Kleisiari, Christina & Vlontzos, George, 2020. "What Drives Farmers’ Decisions to Invest? The Role of Research Engagement, Information Collection and Type of Farm," International Journal on Food System Dynamics, International Center for Management, Communication, and Research, vol. 11(03), September.

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