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In the context of market globalization, furniture manufacturers attempt to differentiate their products to attain competitive advantages. Mass customization is one strategy enabling such differentiation. This study measured, through a choice-based conjoint analysis, the value that US American consumers assign to the availability of customization when buying furniture. Roughly 50% of consumers’ product choice is driven by price, 20% by product customization, 20% by delivery time, and 10% by the time needed to customize the product. Thus, while there is a customer segment driven by price, there also is a segment, consisting mainly of females, that values product customization.
© 2011 Department of Forest Economics, Swedish University of Agricultural Sciences, Umeå, Sweden. Published by Elsevier GmbH. All rights reserved
2011
Department of Forest Economics, Swedish University of Agricultural Sciences, Umeå, Sweden. Published by Elsevier GmbH
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