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Perceived Value
and Consumer
Behavior
Mary Hughes-Coleman
MSMK 620: Marketing Analytics
Bellevue University
Dr. Cronin-Gilmore
Hypothesis
 Perceived value will encourage
consumers to purchase festival
tickets more frequently.
Objectives
1. Identifying familiarity with City of Riverdale Events
2. Identifying consumer preferences at special events
3. Gathering consumers’ opinion and experiences from
previous events with the City of Riverdale
4. Consumer purchase behavior
5. Determining demographic Information to identify how
responses correlate with age, income and etc.
Identifying familiarity with
City of Riverdale Events
 Most respondents have attended a City of Riverdale food or
music festival in the past 5 years
 (yes = 60%, no = 40%)
Identifying familiarity with
City of Riverdale Events
 Word of mouth was the most popular method of how
consumers were informed about events (70%)
Identifying Consumer
Preferences at Special Events
 Most respondents prefer purchasing tickets in advance
 (yes = 55%, no = 45%)
Identifying Consumer
Preferences at Special Events
 Consumers typically attend events with 3-4 people (55%)
 Having a chair available in the amphitheater would add
value to ticket purchases (yes = 85%, no = 15%)
Identifying Consumer
Preferences at Special Events
 Given the choice, consumers would arrive to the festival during the small acts
(45%)
 Other options: as the show opened 40% and during the headliner’s set (15%)
Gathering Consumer’s Opinion
and Previous Experiences
 Respondents had neutral responses to adequate signage,
parking at festivals and convenient entrances
Consumer Purchase Behavior
 Using a rating scale to pinpoint features of
festivals in order of importance, respondents
chose the following order:
 Entertainment (63%)
 Value for money (58%)
 Speed of service (53%)
 Location (47%)
 Length of event (42%)
Consumer Purchase Behavior
 56% of respondents received excellent (5 star
rating) at the gate
Consumer Purchase Behavior
 67% of respondents were satisfied with the amount
of vendor offerings at the festival
Consumer Purchase Behavior
 Most respondents typically frequent between 0-5
(45%) and 6-10 (40%) vendors at a festival
Consumer Purchase Behavior
 80% of respondents chose food samples as the
added incentive to encourage ticket purchase
Consumer Purchase Behavior
 Respondents are most likely to
purchase festival tickets in advance
 Respondents also prefer to purchase
festival tickets online or in-person
Demographic Information
 Age: 40% of respondents are in the 25-34 age range
 Family size: 53% of respondents have a family size
of 1-2 members
 Income: the median income range is 55,000 -
64,999
 Live entertainment expenses monthly: 50% of
respondents spend $1 - $50
Summary
 The data collected from the survey leads to the
conclusion that perceived value will increase ticket
purchases. Respondents had positive responses to
incentives such as free samples, t-shirts and etc. The
overall festival experience including seating, vendor
offerings, entertainment and more contribute to the
perceived value of festival ticket purchases.

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Perceived Value and Consumer Behavior

  • 1. Perceived Value and Consumer Behavior Mary Hughes-Coleman MSMK 620: Marketing Analytics Bellevue University Dr. Cronin-Gilmore
  • 2. Hypothesis  Perceived value will encourage consumers to purchase festival tickets more frequently.
  • 3. Objectives 1. Identifying familiarity with City of Riverdale Events 2. Identifying consumer preferences at special events 3. Gathering consumers’ opinion and experiences from previous events with the City of Riverdale 4. Consumer purchase behavior 5. Determining demographic Information to identify how responses correlate with age, income and etc.
  • 4. Identifying familiarity with City of Riverdale Events  Most respondents have attended a City of Riverdale food or music festival in the past 5 years  (yes = 60%, no = 40%)
  • 5. Identifying familiarity with City of Riverdale Events  Word of mouth was the most popular method of how consumers were informed about events (70%)
  • 6. Identifying Consumer Preferences at Special Events  Most respondents prefer purchasing tickets in advance  (yes = 55%, no = 45%)
  • 7. Identifying Consumer Preferences at Special Events  Consumers typically attend events with 3-4 people (55%)  Having a chair available in the amphitheater would add value to ticket purchases (yes = 85%, no = 15%)
  • 8. Identifying Consumer Preferences at Special Events  Given the choice, consumers would arrive to the festival during the small acts (45%)  Other options: as the show opened 40% and during the headliner’s set (15%)
  • 9. Gathering Consumer’s Opinion and Previous Experiences  Respondents had neutral responses to adequate signage, parking at festivals and convenient entrances
  • 10. Consumer Purchase Behavior  Using a rating scale to pinpoint features of festivals in order of importance, respondents chose the following order:  Entertainment (63%)  Value for money (58%)  Speed of service (53%)  Location (47%)  Length of event (42%)
  • 11. Consumer Purchase Behavior  56% of respondents received excellent (5 star rating) at the gate
  • 12. Consumer Purchase Behavior  67% of respondents were satisfied with the amount of vendor offerings at the festival
  • 13. Consumer Purchase Behavior  Most respondents typically frequent between 0-5 (45%) and 6-10 (40%) vendors at a festival
  • 14. Consumer Purchase Behavior  80% of respondents chose food samples as the added incentive to encourage ticket purchase
  • 15. Consumer Purchase Behavior  Respondents are most likely to purchase festival tickets in advance  Respondents also prefer to purchase festival tickets online or in-person
  • 16. Demographic Information  Age: 40% of respondents are in the 25-34 age range  Family size: 53% of respondents have a family size of 1-2 members  Income: the median income range is 55,000 - 64,999  Live entertainment expenses monthly: 50% of respondents spend $1 - $50
  • 17. Summary  The data collected from the survey leads to the conclusion that perceived value will increase ticket purchases. Respondents had positive responses to incentives such as free samples, t-shirts and etc. The overall festival experience including seating, vendor offerings, entertainment and more contribute to the perceived value of festival ticket purchases.