Filling in the blanks: Consumers want complete information to make choices

October 14, 2008

Most people don't like to make a purchase without complete information about the product they're buying. For example, if someone comparing wireless plans doesn't know the coverage area, she may be more likely to walk away from the purchase.

A new study in the Journal of Consumer Research examines the way consumers behave when information about a purchase is incomplete. Authors Kunter Gunasti and William T. Ross, Jr. (Pennsylvania State University) suggest that there are ways for marketers to reduce the number of customers who leave empty handed.

According to the authors, shoppers need to learn to make inferences about missing information. "This research demonstrates that both explicitly and implicitly prompting consumers to make inferences about the missing attributes reduces the tendency to defer choices and increases the likelihood that consumers will make a purchase decision," the authors explain. "In parallel, consumers who generate spontaneous inferences are also more likely to make a purchase decision."

In a series of studies, the researchers asked participants to make choices among health clubs, wireless service providers, and laptops. Some participants had complete information and others did not have access to certain attributes of the options, like the fees or contract areas for wireless plans. A striking 31 percent of people chose a "no-choice" option when information was missing. In subsequent studies, researchers asked some participants to fill in the blanks of missing attributes. Fewer of the people asked to make inferences selected "no choice."

"Marketers can easily apply these methods in many purchase contexts. For instance, when shopping in retail stores, consumers can be covertly prompted to make inferences by sales people or in-store displays, and this may decrease the probability that they leave the store without making a purchase decision," the authors conclude.

Source: University of Chicago


Rank 5 /5 (1 vote)
Relevant PhysicsForums posts

More news stories

A frank discussion of the power law and linking correlation to causation

(PhysOrg.com) -- Michael Stumpf a mathematics professor at Imperial College in London, and Mason Porter a lecturer at Oxford have teamed together to write and publish a perspective piece in Science regarding the in ...

Other Sciences / Mathematics

created Feb 10, 2012 | popularity 5 / 5 (5) | comments 11 | with audio podcast report

US workers are 'giving away the store,' costing firms billions

Nearly 70 percent of the nation's service employees give away free goods and services – from hamburgers to cable TV – costing companies billions of dollars a year, according to a groundbreaking study.

Other Sciences / Economics & Business

created Feb 09, 2012 | popularity 3 / 5 (5) | comments 11

Employers feel no love for unscrupulous practice of 'service sweethearting'

A new study led by two Florida State University marketing professors finds that some frontline service employees who are rewarded for hikes in customer loyalty and satisfaction also may engage in "service ...

Other Sciences / Economics & Business

created Feb 10, 2012 | popularity 3.3 / 5 (3) | comments 10

New insights into how to correct false knowledge

The abundance of false information available on the Internet, in movies and on TV has created a big challenge for educators.

Other Sciences / Social Sciences

created Feb 07, 2012 | popularity 4.9 / 5 (7) | comments 9 | with audio podcast

Neanderthal demise due to many influences, including cultural changes: study

As an ice age crept upon them thousands of years ago, Neanderthals and modern human ancestors expanded their territory ranges across Asia and Europe to adapt to the changing environment.

Other Sciences / Archaeology & Fossils

created Feb 07, 2012 | popularity 4.4 / 5 (5) | comments 8 | with audio podcast


Declining health-care productivity in England: Who says so?

Reports that the National Health Service in England has been declining in productivity in the last decade appear to have been accepted as fact. However, a Viewpoint published Online First by The Lancet disputes this. The Vi ...

Scientists discover molecular secrets of 2,000-year-old Chinese herbal remedy

For roughly two thousand years, Chinese herbalists have treated Malaria using a root extract, commonly known as Chang Shan, from a type of hydrangea that grows in Tibet and Nepal. More recent studies suggest that halofuginone, ...

New method to examine batteries -- MRI from the inside

There is an ever-increasing need for advanced batteries for portable electronics, such as phones, cameras, and music players, but also to power electric vehicles and to facilitate the distribution and storage of energy derived ...

Overeating may double risk of memory loss

New research suggests that consuming between 2,100 and 6,000 calories per day may double the risk of memory loss, or mild cognitive impairment (MCI), among people age 70 and older. The study was released today and will be ...

A mitosis mystery solved: How chromosomes align perfectly in a dividing cell

Although the process of mitotic cell division has been studied intensely for more than 50 years, Whitehead Institute researchers have only now solved the mystery of how cells correctly align their chromosomes during symmetric ...

Lab study raises questions over nano-particle impact

Tests involving chickens have raised questions about the impact on health from engineered nano-particles, the ultra-fine grains commonly used in drugs and processed foods, scientists said on Sunday.