Healthy Skepticism Library item: 9609
Warning: This library includes all items relevant to health product marketing that we are aware of regardless of quality. Often we do not agree with all or part of the contents.
 
Publication type: Journal Article
Laroche M, Rosenblatt J, Wahler L, Bliemel F.
Economic considerations for dispensing pharmacists: the impact of price-quality evaluations on brand categorization.
J Pharm Mark Manage 1986 Fal; 1:(1):41-60
Abstract:
This paper examines consumer brand categorization in view of price-quality evaluations. In particular it examines the relationship of the Brisoux and Laroche (1980) brand categorization process and the Bliemel (1984) conceptualization of consumers’ price-quality evaluations, in a pharmaceutical marketing context. The findings suggest that: the Brisoux-Laroche conceptualization is supported in a pharmaceutical/industrial marketing scenario; and, the pharmacists’ categorization of brands (i.e., into the evoked, hold, foggy, and reject sets) can be partially explained as an outcome of a price-quality evaluation process.
The relationship of the Brisoux and Laroche (1980) brand categorization process and the Bliemel (1984) conceptualization of consumers’ price-quality evaluations in a pharmaceutical marketing context is examined. The findings suggest that the Brisoux-Laroche conceptualization is supported in a pharmaceutical/industrial marketing scenario; and the pharmacists’ categorization of prescription drug brands (i.e., into the evoked, hold, foggy, and reject sets) can be partially explained as an outcome of a price-quality evaluation process. It is concluded that the brand categorization process and the price-quality model can be applied to pharmacists in the case of prescription drugs.
Keywords:
Canada
Consumer Participation/economics*
Cost-Benefit Analysis
Decision Making*
Evaluation Studies
Humans
Models, Psychological
Prescriptions, Drug/standards*