Skip to main content
Top
Published in: Marketing Letters 2/2015

01-06-2015

When deal depth doesn't matter: How handedness consistency influences consumer response to horizontal versus vertical price comparisons

Authors: Michael J. Barone, Keith B. Lyle, Karen Page Winterich

Published in: Marketing Letters | Issue 2/2015

Log in

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

The current research introduces a new moderator to the price comparison literature by considering how the processing of regular and sale price information may be grounded in the degree to which consumers are consistent-handed (CHs) or inconsistent-handed (ICHs) in performing manual tasks. Because vertically presenting regular and sale price information facilitates calculation of savings, vertical price comparisons should be processed more fluently than horizontal comparisons. However, this fluency difference should asymmetrically affect ICHs and CHs. Prior research has indicated that ICHs are more cognitively flexible than CHs. Here, ICHs expressed more favorable purchase intentions with greater deal depth for both vertical and horizontal price comparisons, possibly because their greater cognitive flexibility enabled them to process price comparisons effectively regardless of presentation layout. Conversely, possibly due to lower cognitive flexibility, CHs exhibited purchase intentions that were sensitive to differences in deal depth when presented with more fluent vertical price comparisons, but not less fluent horizontal comparisons. These findings are replicated across two experiments relying on different participant populations.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Literature
go back to reference Annett, M. (1970). A classification of hand preference by association analysis. British Journal of Psychology, 61, 303–321.CrossRef Annett, M. (1970). A classification of hand preference by association analysis. British Journal of Psychology, 61, 303–321.CrossRef
go back to reference Arning, L., Ocklenburg, S., Schulz, S., Ness, V., Gerding, W. M., Hengstler, J. G., et al. (2013). PCSK6 VNTR polymorphism is associated with degree of handedness but not direction of handedness. PLoS ONE, 8(6), e67251. doi:10.1371/journal.pone.0067251.CrossRef Arning, L., Ocklenburg, S., Schulz, S., Ness, V., Gerding, W. M., Hengstler, J. G., et al. (2013). PCSK6 VNTR polymorphism is associated with degree of handedness but not direction of handedness. PLoS ONE, 8(6), e67251. doi:10.​1371/​journal.​pone.​0067251.CrossRef
go back to reference Casasanto, D. (2009). Embodiment of abstract concepts: good and bad in right- and left-handers. Journal of Experimental Psychology General, 138(3), 351–367.CrossRef Casasanto, D. (2009). Embodiment of abstract concepts: good and bad in right- and left-handers. Journal of Experimental Psychology General, 138(3), 351–367.CrossRef
go back to reference Casasanto, D., & Chrysikou, E. G. (2011). When left is ‘right’: motor fluency shapes abstract concepts. Psychological Science, 22(4), 419–422.CrossRef Casasanto, D., & Chrysikou, E. G. (2011). When left is ‘right’: motor fluency shapes abstract concepts. Psychological Science, 22(4), 419–422.CrossRef
go back to reference Chandrashekaran, R. (2004). The influence of redundant comparison prices and other price presentation formats on consumers' evaluations and purchase intentions. Journal of Retailing, 80, 53–66.CrossRef Chandrashekaran, R. (2004). The influence of redundant comparison prices and other price presentation formats on consumers' evaluations and purchase intentions. Journal of Retailing, 80, 53–66.CrossRef
go back to reference Choi, P., & Coulter, K. S. (2012). It's not all relative: the effects of mental and physical positioning of comparative prices on absolute versus relative discount assessment. Journal of Retailing, 88(4), 512–527.CrossRef Choi, P., & Coulter, K. S. (2012). It's not all relative: the effects of mental and physical positioning of comparative prices on absolute versus relative discount assessment. Journal of Retailing, 88(4), 512–527.CrossRef
go back to reference Christman, S. D. (2013). Individual differences in personality as a function of degree of handedness: Consistent-handers are less sensation seeking, more authoritarian, and more sensitive to disgust. Laterality: Asymmetries of Body, Brain, and Cognition, In press. Christman, S. D. (2013). Individual differences in personality as a function of degree of handedness: Consistent-handers are less sensation seeking, more authoritarian, and more sensitive to disgust. Laterality: Asymmetries of Body, Brain, and Cognition, In press.
go back to reference Christman, S. D., Propper, R. E., & Dion, A. (2004). Increased interhemispheric interaction is associated with decreased false memories in a verbal converging semantic associates paradigm. Brain and Cognition, 56, 313–319.CrossRef Christman, S. D., Propper, R. E., & Dion, A. (2004). Increased interhemispheric interaction is associated with decreased false memories in a verbal converging semantic associates paradigm. Brain and Cognition, 56, 313–319.CrossRef
go back to reference Christman, S. D., Henning, B. R., Geers, A. L., Propper, R. E., & Niebauer, C. L. (2008). Mixed-handed persons are more easily persuaded and are more gullible: interhemispheric interaction and belief updating. Laterality: Asymmetries of Body, Brain, and Cognition, 13, 403–426. Christman, S. D., Henning, B. R., Geers, A. L., Propper, R. E., & Niebauer, C. L. (2008). Mixed-handed persons are more easily persuaded and are more gullible: interhemispheric interaction and belief updating. Laterality: Asymmetries of Body, Brain, and Cognition, 13, 403–426.
go back to reference Christman, S. D., Sontam, V., & Jasper, J. D. (2009). Individual differences in ambiguous figure perception: degree of handedness and interhemispheric interaction. Perception, 38, 1183–1198.CrossRef Christman, S. D., Sontam, V., & Jasper, J. D. (2009). Individual differences in ambiguous figure perception: degree of handedness and interhemispheric interaction. Perception, 38, 1183–1198.CrossRef
go back to reference Cohen, J. (1987). Statistical power analysis for the behavioral sciences. Hillsdale, NJ: Lawrence Erlbaum Associates. Cohen, J. (1987). Statistical power analysis for the behavioral sciences. Hillsdale, NJ: Lawrence Erlbaum Associates.
go back to reference Coulter, K. S., & Norberg, P. A. (2009). The effects of physical distance between regular and sale prices on numerical difference perceptions. Journal of Consumer Psychology, 19, 144–157.CrossRef Coulter, K. S., & Norberg, P. A. (2009). The effects of physical distance between regular and sale prices on numerical difference perceptions. Journal of Consumer Psychology, 19, 144–157.CrossRef
go back to reference Dehaene, S. (1992). Varieties of numerical abilities. Cognition, 44, 1–42.CrossRef Dehaene, S. (1992). Varieties of numerical abilities. Cognition, 44, 1–42.CrossRef
go back to reference Dragovic, M. (2004). Categorization and validation of handedness using latent class analysis. Acta Neuropsychiatrica, 16, 212–218.CrossRef Dragovic, M. (2004). Categorization and validation of handedness using latent class analysis. Acta Neuropsychiatrica, 16, 212–218.CrossRef
go back to reference Edlin, J. M., & Lyle, K. B. (2013). The effect of repetitive saccade execution on the attention network test: enhancing executive function with a flick of the eyes. Brain and Cognition, 81, 345–351.CrossRef Edlin, J. M., & Lyle, K. B. (2013). The effect of repetitive saccade execution on the attention network test: enhancing executive function with a flick of the eyes. Brain and Cognition, 81, 345–351.CrossRef
go back to reference Elder, R., & Krishna, A. (2012). The ‘visual depiction effect’ in advertising: facilitating embodied mental simulation through product orientation. Journal of Consumer Research, 38(6), 988–1003.CrossRef Elder, R., & Krishna, A. (2012). The ‘visual depiction effect’ in advertising: facilitating embodied mental simulation through product orientation. Journal of Consumer Research, 38(6), 988–1003.CrossRef
go back to reference Grewal, D., Monroe, K. B., & Krishnan, R. (1998). The effects of price-comparison advertising on buyers' perceptions of acquisition value, transaction value, and behavioral intentions. Journal of Marketing, 62(2), 46–59.CrossRef Grewal, D., Monroe, K. B., & Krishnan, R. (1998). The effects of price-comparison advertising on buyers' perceptions of acquisition value, transaction value, and behavioral intentions. Journal of Marketing, 62(2), 46–59.CrossRef
go back to reference Jasper, J. D., Barry, K., & Christman, S. D. (2008). Individual differences in counterfactual production. Personality and Individual Differences, 45, 488–492.CrossRef Jasper, J. D., Barry, K., & Christman, S. D. (2008). Individual differences in counterfactual production. Personality and Individual Differences, 45, 488–492.CrossRef
go back to reference Kim, J., Allen, C. T., & Kardes, F. R. (1996). An investigation of the mediational mechanisms underlying attitudinal conditioning. Journal of Marketing Research, 33(August), 318–326.CrossRef Kim, J., Allen, C. T., & Kardes, F. R. (1996). An investigation of the mediational mechanisms underlying attitudinal conditioning. Journal of Marketing Research, 33(August), 318–326.CrossRef
go back to reference Krishna, A. (2009). Behavioral pricing. In V. R. Rao (Ed.), Handbook of pricing research in marketing (pp. 76–90). Northampton, MA: Edward Elgar.CrossRef Krishna, A. (2009). Behavioral pricing. In V. R. Rao (Ed.), Handbook of pricing research in marketing (pp. 76–90). Northampton, MA: Edward Elgar.CrossRef
go back to reference Krishna, A., Briesch, R., Lehmann, D. R., & Yuan, H. (2002). A meta-analysis of the impact of price presentation on perceived savings. Journal of Retailing, 78(2), 101–118.CrossRef Krishna, A., Briesch, R., Lehmann, D. R., & Yuan, H. (2002). A meta-analysis of the impact of price presentation on perceived savings. Journal of Retailing, 78(2), 101–118.CrossRef
go back to reference Lyle, K. B., & Grillo, M. C. (2013). Consistent-handed individuals are more authoritarian. Laterality: Asymmetries of Body, Brain, and Cognition. In press. Lyle, K. B., & Grillo, M. C. (2013). Consistent-handed individuals are more authoritarian. Laterality: Asymmetries of Body, Brain, and Cognition. In press.
go back to reference Lyle, K. B., & Martin, J. M. (2010). Bilateral saccades increase intrahemispheric processing but not interhemispheric interaction: implications for saccade-induced retrieval enhancement. Brain and Cognition, 73, 128–134.CrossRef Lyle, K. B., & Martin, J. M. (2010). Bilateral saccades increase intrahemispheric processing but not interhemispheric interaction: implications for saccade-induced retrieval enhancement. Brain and Cognition, 73, 128–134.CrossRef
go back to reference Lyle, K. B., Logan, J. M., & Roediger, H. L., III. (2008a). Eye movements enhance memory for individuals who are strongly right-handed and harm it for individuals who are not. Psychonomic Bulletin and Review, 15, 515–520.CrossRef Lyle, K. B., Logan, J. M., & Roediger, H. L., III. (2008a). Eye movements enhance memory for individuals who are strongly right-handed and harm it for individuals who are not. Psychonomic Bulletin and Review, 15, 515–520.CrossRef
go back to reference Lyle, K. B., McCabe, D. P., & Roediger, H. L., III. (2008b). Handedness is related to memory via hemispheric interaction: evidence from paired associate recall and source memory tests. Neuropsychology, 22, 523–530.CrossRef Lyle, K. B., McCabe, D. P., & Roediger, H. L., III. (2008b). Handedness is related to memory via hemispheric interaction: evidence from paired associate recall and source memory tests. Neuropsychology, 22, 523–530.CrossRef
go back to reference Lyle, K. B., Hanaver-Torrez, S. D., Hackländer, R. P., & Edlin, J. M. (2012). Consistency of handedness, regardless of direction, predicts baseline memory accuracy and potential for memory enhancement. Journal of Experimental Psychology. Learning, Memory, and Cognition, 38, 187–193.CrossRef Lyle, K. B., Hanaver-Torrez, S. D., Hackländer, R. P., & Edlin, J. M. (2012). Consistency of handedness, regardless of direction, predicts baseline memory accuracy and potential for memory enhancement. Journal of Experimental Psychology. Learning, Memory, and Cognition, 38, 187–193.CrossRef
go back to reference Meier, B. P., Schnall, S., Schwarz, N., & Bargh, J. A. (2012). Embodiment in social psychology. Topics in Cognitive Science, 4(4), 1–12.CrossRef Meier, B. P., Schnall, S., Schwarz, N., & Bargh, J. A. (2012). Embodiment in social psychology. Topics in Cognitive Science, 4(4), 1–12.CrossRef
go back to reference Oppenheimer, D., Meyvis, T., & Davidenko, N. (2009). Instructional manipulation checks: detecting satisficing to increase statistical power. Journal of Experimental Social Psychology, 45, 867–872.CrossRef Oppenheimer, D., Meyvis, T., & Davidenko, N. (2009). Instructional manipulation checks: detecting satisficing to increase statistical power. Journal of Experimental Social Psychology, 45, 867–872.CrossRef
go back to reference Prichard, E., Propper, R. E., & Christman, S. D. (2013). Degree of handedness, but not direction, is a systematic predictor of cognitive performance. Frontiers in Psychology, 4(9). Prichard, E., Propper, R. E., & Christman, S. D. (2013). Degree of handedness, but not direction, is a systematic predictor of cognitive performance. Frontiers in Psychology, 4(9).
go back to reference Reber, R., & Schwarz, N. (1999). Effects of perceptual fluency on judgments of truth. Consciousness and Cognition, 8(3), 338–342.CrossRef Reber, R., & Schwarz, N. (1999). Effects of perceptual fluency on judgments of truth. Consciousness and Cognition, 8(3), 338–342.CrossRef
go back to reference Schwarz, N. (2012). Feelings-as-information theory. In P. A. M. Van Lange, A. Kruglanski, & E. T. Higgins (Eds.), Handbook of theories of social psychology (pp. 289–308). Thousand Oaks, CA: Sage.CrossRef Schwarz, N. (2012). Feelings-as-information theory. In P. A. M. Van Lange, A. Kruglanski, & E. T. Higgins (Eds.), Handbook of theories of social psychology (pp. 289–308). Thousand Oaks, CA: Sage.CrossRef
go back to reference Shobe, E. R., Ross, N. M., & Fleck, J. I. (2009). Influence of handedness and bilateral eye movements on creativity. Brain and Cognition, 71, 204–214.CrossRef Shobe, E. R., Ross, N. M., & Fleck, J. I. (2009). Influence of handedness and bilateral eye movements on creativity. Brain and Cognition, 71, 204–214.CrossRef
go back to reference Thomas, M., & Morwitz, V. (2009). Hueristics in numerical cognition: implications for pricing. In V. R. Rao (Ed.), Handbook of pricing research in marketing (pp. 132–149). Northampton, MA: Edward Elgar.CrossRef Thomas, M., & Morwitz, V. (2009). Hueristics in numerical cognition: implications for pricing. In V. R. Rao (Ed.), Handbook of pricing research in marketing (pp. 132–149). Northampton, MA: Edward Elgar.CrossRef
go back to reference Tsai, C. I., & McGill, A. L. (2011). No pain, no gain? How fluency and construal level affect consumer confidence. Journal of Consumer Research, 37(5), 807–821.CrossRef Tsai, C. I., & McGill, A. L. (2011). No pain, no gain? How fluency and construal level affect consumer confidence. Journal of Consumer Research, 37(5), 807–821.CrossRef
Metadata
Title
When deal depth doesn't matter: How handedness consistency influences consumer response to horizontal versus vertical price comparisons
Authors
Michael J. Barone
Keith B. Lyle
Karen Page Winterich
Publication date
01-06-2015
Publisher
Springer US
Published in
Marketing Letters / Issue 2/2015
Print ISSN: 0923-0645
Electronic ISSN: 1573-059X
DOI
https://doi.org/10.1007/s11002-013-9276-8

Other articles of this Issue 2/2015

Marketing Letters 2/2015 Go to the issue