Article ID Journal Published Year Pages File Type
1023133 Transportation Research Part E: Logistics and Transportation Review 2015 19 Pages PDF
Abstract

•A method which can combine two data sets with maximum convergent validity is verified.•A model is proposed to estimate attributes importance to prospects purchase intention.•The listening gap between customers and managers of container shipping firms is almost closed.•Freight and discount, personal selling and word of mouth are the most important attributes.

This paper estimates the relationship of attributes importance (AI) to prospect purchase intention by closing the listening gap between customers and managers of container shipping companies. A proposition of minimum cross entropy is proposed to find a solution to the problem with maximum convergent validity, and this proposition is used to estimate AI, in which both opinions about AI of customers and managers of container shipping companies are included. Results indicate that price, discount, personal selling, and word of mouth, are the most important attributes to prospect purchase intention, within the industry. In addition, managerial implications are also discussed.

Related Topics
Social Sciences and Humanities Business, Management and Accounting Business and International Management
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