Choice-Based Conjoint Analysis of the Local Coupon Preferences of Millennials

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Abstract

This article explores the local coupon preferences of the 18-29-year old market. Choice-based conjoint analysis was used to determine Millennials' local coupon needs and preferences. From this data, three need-based segments were identified and discussed. The findings indicate that while overall, millennials are resistant to receiving coupons for local businesses through their cell phones, there is one segment that is receptive to this method of coupon delivery method.

Original languageEnglish
Pages (from-to)240-249
Number of pages10
JournalJournal of Promotion Management
Volume20
Issue number2
DOIs
StatePublished - Mar 2014

Keywords

  • choice-based conjoint analysis
  • discount
  • local coupons
  • segmentation

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