Theodore Tarnanidis, Academic associate and lecturer, Ph.D. Marketing, Postdoc D.Sc, International Hellenic University, Department of Organisation Management, Marketing and Tourism, 17 Km Thessaloniki-Sindos, 57400, Greece, e-mail: tarnanidis@bua.teithe.gr
Research PaperVol 18, Issue 4, 2023 Marketing Science and Inspirations Journal Paper

Understanding reference points to make purchase decisions: overview, phases, and time-features

The findings show that consumers’ preferences for reference points are established and structured throughout the entire buying decision process, and can be modified based on potential signals and biased approaches. As a result, there are now many possibilities for casual modeling practice in the future.

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