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Information Journal Paper

Title

THE IMPACT OF CONSUMERS CURRENCY PERCEPTION ON PRICE SENSITIVITY

Pages

  119-137

Abstract

 Customers are increasingly confronting with foreign markets through internet and tourism. So they are challenged to evaluate prices in different currencies. They are familiar with the products prices but they are engaged in a perceptual process while they are evaluating prices in different currencies. In this research customer CURRENCY perception and the price sensitivity are considered. The customer price sensitivity in different currencies would be measured through a PRICING model. Questionnaire was applied as data gathering tool. The results showed customers experience perceptual bias when evaluating prices same in real value and different in nominal value and nominal value affects the customers purchase attitude. This bias reflects as the customer price sensitivity is less in low denomination CURRENCY. Findings have important implications for PRICING in regional markets, internet market, and also in tourism industry for customers and international companies.

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    Cite

    APA: Copy

    NAZARI, MOHSEN, GHODS ELAHI, AHMAD, & SHAHRIVARI, SHAHRZAD. (2013). THE IMPACT OF CONSUMERS CURRENCY PERCEPTION ON PRICE SENSITIVITY. NEW MARKETING RESEARCH JOURNAL, 3(1 (8)), 119-137. SID. https://sid.ir/paper/194626/en

    Vancouver: Copy

    NAZARI MOHSEN, GHODS ELAHI AHMAD, SHAHRIVARI SHAHRZAD. THE IMPACT OF CONSUMERS CURRENCY PERCEPTION ON PRICE SENSITIVITY. NEW MARKETING RESEARCH JOURNAL[Internet]. 2013;3(1 (8)):119-137. Available from: https://sid.ir/paper/194626/en

    IEEE: Copy

    MOHSEN NAZARI, AHMAD GHODS ELAHI, and SHAHRZAD SHAHRIVARI, “THE IMPACT OF CONSUMERS CURRENCY PERCEPTION ON PRICE SENSITIVITY,” NEW MARKETING RESEARCH JOURNAL, vol. 3, no. 1 (8), pp. 119–137, 2013, [Online]. Available: https://sid.ir/paper/194626/en

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