Health-Nutrients and Origin Awareness: Implications for Regional Wine Market-Segmentation Strategies Using a Latent Analysis
Abstract
:1. Introduction
2. Materials and Methods
2.1. Selection of Attributes and Assignment of Levels
2.2. Choice of an Experimental Design and Construction of Choice Set
2.3. Social-Choice Survey and Data Collection
2.4. Measurement of Consumers’ Preferences
2.4.1. Econometric Data Analysis
= Prob (Vni + ɛni > Vnj + ɛnj) ∀j ≠ i
= Prob (ɛnj − ɛni < Vni − Vnj) ∀j ≠ i
2.4.2. Willingness-to-Pay (WTP)
3. Results
3.1. Consumers’ Cluster Profiles: Market-Segmentation
3.2. Consumers’ Preferences for Attributes: Multinomial Logit and Latent Class Models
3.3. Consumers’ Willigness-to-Pay
4. Discussion
4.1. Health-Nutrients
4.2. Origin of Cultivars Grapes
4.3. Segments Characterisitcs
4.4. Strengths of the Study, Its Limitations and Directions for Future Research
5. Conclusions
Supplementary Materials
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Data Availability Statement
Acknowledgments
Conflicts of Interest
Appendix A. Domina Apulia Project at a Glance
Appendix B. Sampling of Respondents
References
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Attributes | |||
---|---|---|---|
Price in EUR (Bottle of 750 mL) | Intrinsic Information for the Origin of Grapes (Apulia Region) | Intrinsic Information for Health & Nutrition | |
Levels of attributes | 2.5 | Not present on the bottle | Not present on the bottle |
7.5 | |||
10 | Present on the bottle | Present on the bottle | |
15 | (Wine made with Apulian vine grapes: Negroamaro, Primitivo, Bombino nero, Uva di Troia, Notardomenico or Susumaniello) | (Wine with high antioxidant properties due to the presence of high content of polyphenols, specific process and selected yeast strains capable of preserving them) |
Attribute | Option A | Option B | Option C |
---|---|---|---|
Origin of grapes Code: Local | Present on the bottle | Not present on the bottle | Neither A nor B I will not pay a premium price for additional information/labelling strategies (No buy) |
Health-nutrients Code: Health | Not Present on the bottle | Present on the bottle | |
Price (EUR) | 10 EUR/bottle | 10 EUR/bottle | |
Which option do you prefer? | □ | □ | □ |
Multinomial Logit | 2-Class | 3-Class | 4-Class | 5-Class | 6-Class | |
---|---|---|---|---|---|---|
Log likelihood | −3345.69 | −3085.01 | −2978.48 | −2854.1 | −2815.03 | −2788.48 |
CAIC | 6699.40 | 6198.00 | 6005.00 | 5776.10 | 5718.10 | 5685.00 |
BIC | 3362.02 | 3142.16 | 3076.45 | 2992.84 | 2994.63 | 3008.90 |
R2Adj | 0.121 | 0.199 | 0.225 | 0.257 | 0.266 | 0.272 |
Average classes probabilities | 100% | 66% | 66% | 42% | 41% | 40% |
34% | 15% | 15% | 17% | 14% | ||
18% | 17% | 23% | 17% | |||
25% | 8% | 4% | ||||
11% | 19% | |||||
6% |
KERRYPNX | MNL | 4-LCM | ||||||||
---|---|---|---|---|---|---|---|---|---|---|
Class 1 | Class 2 | Class 3 | Class 4 | |||||||
Coef. | [z-Value] | Coef. | [z-Value] | Coef. | [z-Value] | Coef. | [z-Value] | Coef. | [z-Value] | |
Class probability | - | 42 | 15 | 17 | 25 | |||||
Price | −0.17 *** | −22.41 | −0.37 *** | −14.48 | −0.24 *** | −7.32 | −0.09 *** | −3.62 | −0.08 *** | −3.73 |
Local | 1.17 *** | 21.20 | 2.81 * | 16.54 | 0.69 *** | 2.79 | 0.47 *** | 3.51 | 0.94 | 4.58 |
Health | 0.14 *** | 2.62 | −0.27 *** | −1.94 | 2.66 *** | 8.63 | −0.46 *** | −3.63 | 0.24 *** | 1.36 |
No buy | 0.49 *** | 6.21 | 1.25 *** | 4.86 | 0.98 *** | 2.93 | 2.73 *** | 8.12 | −1.54 *** | −6.13 |
Co-variates | ||||||||||
Constant | - | −2.95 ** | −2.04 | −4.26 ** | −2.32 | 0.56 | 0.38 | - | - | |
Age | - | −0.01 | −0.81 | −0.04 ** | −2.20 | −0.50 *** | −3.18 | - | - | |
Education 1 | - | 0.17 *** | 3.19 | 0.22 *** | 2.64 | 0.02 | 0.50 | - | - | |
Autochtone 2 | - | 0.92 *** | 3.65 | 0.34 | 1.11 | 0.57 * | 1.89 | - | - | |
Oxidation 3 | - | 0.04 | 0.20 | 0.96 *** | 3.45 | 0.20 | 0.89 | - | - | |
Model statistics | ||||||||||
LL Function | −3346 | −2854 | ||||||||
Pseudo-R2 | 0.12 | 0.26 | ||||||||
Observations | 3512 | 3512 | ||||||||
Respondents | 439 | 439 |
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Petrontino, A.; Frem, M.; Fucilli, V.; Tricarico, G.; Bozzo, F. Health-Nutrients and Origin Awareness: Implications for Regional Wine Market-Segmentation Strategies Using a Latent Analysis. Nutrients 2022, 14, 1385. https://doi.org/10.3390/nu14071385
Petrontino A, Frem M, Fucilli V, Tricarico G, Bozzo F. Health-Nutrients and Origin Awareness: Implications for Regional Wine Market-Segmentation Strategies Using a Latent Analysis. Nutrients. 2022; 14(7):1385. https://doi.org/10.3390/nu14071385
Chicago/Turabian StylePetrontino, Alessandro, Michel Frem, Vincenzo Fucilli, Giovanni Tricarico, and Francesco Bozzo. 2022. "Health-Nutrients and Origin Awareness: Implications for Regional Wine Market-Segmentation Strategies Using a Latent Analysis" Nutrients 14, no. 7: 1385. https://doi.org/10.3390/nu14071385
APA StylePetrontino, A., Frem, M., Fucilli, V., Tricarico, G., & Bozzo, F. (2022). Health-Nutrients and Origin Awareness: Implications for Regional Wine Market-Segmentation Strategies Using a Latent Analysis. Nutrients, 14(7), 1385. https://doi.org/10.3390/nu14071385