TY - JOUR
T1 - Blind savings or unforeseen costs? How consumers perceive the benefits and risks of using opaque travel selling Web sites
AU - Chen, Hsiang Ting
AU - Yuan, Jingxue
N1 - Funding Information:
The research contained in the paper was sponsored by the Texas Tech University Internal Competitive Funding Opportunity to Advance Scholarship in the Creative Arts, Humanities and Social Sciences (FY2013 CAHSS Award).
Publisher Copyright:
© The Author(s) 2014.
PY - 2014/10/27
Y1 - 2014/10/27
N2 - Opaque selling Web sites are considered to provide deep discounted rates compared with a products’ market price. However, consumers have to endure several uncertainties that are associated with purchasing a product with an unknown identity. This article aims to identify how consumers assess the perceived benefits and risks when purchasing opaque travel products online and how they formulate risk reduction strategies in order to acquire desired outcomes. Two focus groups were conducted in April 2013 with a total of 12 participants. The analysis revealed low price, value-added deal, and enjoyment from playing with the bidding system as the main benefits. The main risks included insignificant value margin, uncertainty of product quality or performance, and potential hidden fees. The study defined the ‘intentional buying’ process and provided insight for hospitality and tourism suppliers to cautiously evaluate and target customers.
AB - Opaque selling Web sites are considered to provide deep discounted rates compared with a products’ market price. However, consumers have to endure several uncertainties that are associated with purchasing a product with an unknown identity. This article aims to identify how consumers assess the perceived benefits and risks when purchasing opaque travel products online and how they formulate risk reduction strategies in order to acquire desired outcomes. Two focus groups were conducted in April 2013 with a total of 12 participants. The analysis revealed low price, value-added deal, and enjoyment from playing with the bidding system as the main benefits. The main risks included insignificant value margin, uncertainty of product quality or performance, and potential hidden fees. The study defined the ‘intentional buying’ process and provided insight for hospitality and tourism suppliers to cautiously evaluate and target customers.
KW - Consumer bargaining behavior
KW - opaque travel selling Web sites
KW - perceived benefits
KW - perceived risks
UR - http://www.scopus.com/inward/record.url?scp=84908146426&partnerID=8YFLogxK
U2 - 10.1177/1356766714527966
DO - 10.1177/1356766714527966
M3 - Article
AN - SCOPUS:84908146426
SN - 1356-7667
VL - 20
SP - 309
EP - 322
JO - Journal of Vacation Marketing
JF - Journal of Vacation Marketing
IS - 4
ER -