Premium drinking spring water provides higher quality or service than
regular drinking spring water, and it is functional water that contains more
nutrients, such as minerals and oxygen, than ordinary drinking spring water.
While it is 2 to 3, and up ...
Premium drinking spring water provides higher quality or service than
regular drinking spring water, and it is functional water that contains more
nutrients, such as minerals and oxygen, than ordinary drinking spring water.
While it is 2 to 3, and up to 20 times more expensive than regular drinking
water, the demand for it is rapidly increasing in line with the interest in
healthy living and diet.
This study aims to examine the attributes that consumers consider when
purchasing premium drinking spring water, and to provide directions to
companies and consumers by confirming the connection to behavioral
intentions through product attributes, perceived value, and brand experiences.
As such, this study identifies the influence relationship of the selection
attributes of premium drinking spring water (price, advertising effect, country
of origin, ingredient, and taste) on the value perception, brand experiences,
and behavioral intentions of consumers, and classifies the extrinsic and
intrinsic properties of premium drinking spring water to verify how much
value perception and brand experiences affect behavioral intentions according
to the type of suitability. Accordingly, in order to carry out the empirical study,
a sample of consumers in their 20s or older who have purchased and used the
proposed premium drinking spring water within the last 3 months was selected
as the subjects of the survey, and a preliminary survey (Naver Survey) was
conducted, and subsequently, the instant survey was conducted followed by an
analysis through the survey.
The results of the study are as follows: Firs, it was confirmed that price had
a positive (+) effect on the perceived value. Second, the advertising effect
was confirmed to have a positive (+) effect on the perceived value. Third, it
was confirmed that price had a positive (+) effect on brand experiences.
Fourth, the advertising effect was confirmed to have a positive (+) effect on
brand experiences. Fifth, it was confirmed that taste had a positive (+) effect
on perceived value. Sixth, perceived value was confirmed to have a positive
(+) effect on behavioral intentions.Seventh, it was confirmed that brand
experiences had a positive (+) effect on behavioral intentions.
The main implications and significance of this study through these research
results are as follows.
First, it is meaningful in that it expanded the study, which was limited to
regular drinking spring water, to premium drinking spring water. In addition,
the brand of premium drinking spring water is used as data for a company's
target marketing to help with brand marketing, and it is meaningful in
providing strategic implications so that the company can have a continuous
competitive advantage in business management. For consumers, it is
meaningful in that it provides practical assistance in selecting premium
drinking spring water by informing them of the country of origin, content of
ingredients, source of water, and the type of water when choosing premium
drinking spring water.
Through this study, by utilizing it to understand the effect of the selection
attributes of premium drinking spring water on consumers, it is deemed that it
provided the basic data that can be used to build the brand asset of premium
drinking spring water in the future, as well as the strategic implications that
will help establish a sustainable competitive advantage in the drinking spring
water market.