New scale reveals key factors driving consumer purchase decisions.
The article introduces a new scale called PERVAL, which measures how customers perceive the value of a product before and after purchase. The scale includes four dimensions: emotional, social, quality/performance, and price/value for money. The researchers found that all four dimensions significantly influence customers' attitudes and behaviors towards a product. The scale was tested in both pre-purchase and post-purchase situations and was found to be reliable and valid. This new scale can help companies understand what drives customers to buy products and can be used for further research in this area.