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WTP consumer's key factors for local and regional newspaper print subscription plans

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  • Saavedra, José Luis
  • González, Ana Karina

Abstract

This paper examines what predictors of consumer's willingness to pay (WTP) are relevant for local and regional newspaper subscription plan in developing countries. Three studies were conducted to determine the WTP key factor of consumers. The first study revealed people bought newspaper as a routine and they were not willing to consider other distribution alternatives. Additionally, as customers considered that the cover price paid for a single newspaper was insignificant they had no reason to accept discounts in subscription offers. The second study evidenced that three factors would influence consumer's WTP when it comes to newspaper subscription plan: Reason to buy (discount price and expectations), Loyalty (brand, place, and vendor) and behavioral actions (buying and reading habits, good quality of printing, and others products involved). The third study revealed that two of three studied components, reason to buy and loyalty had a fundamental impact on consumer decision-making. The final studied component, behavioral actions had lower prevalence. The practical implications of these findings were discussed.

Suggested Citation

  • Saavedra, José Luis & González, Ana Karina, 2015. "WTP consumer's key factors for local and regional newspaper print subscription plans," Journal of Retailing and Consumer Services, Elsevier, vol. 27(C), pages 164-169.
    • Handle: RePEc:eee:joreco:v:27:y:2015:i:c:p:164-169
    DOI: 10.1016/j.jretconser.2015.06.007
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    References listed on IDEAS

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    Cited by:

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    2. Alenka Lena Klopcic & Jana Hojnik & Stefan Bojnec & Drago Papler, 2020. "Global Transition to the Subscription Economy: Literature Review on Business Model Changes in the Media Landscape," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 18(4 (Winter), pages 323-348.

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