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Article

Exploring the economic value of wine attributes and consumer choice behavior using choice experiment data: A case study of the UK wine market

Details

Citation

Jeon C, Campbell D & Kim S (2025) Exploring the economic value of wine attributes and consumer choice behavior using choice experiment data: A case study of the UK wine market. Journal of Tourism Studies, 37 (2), pp. 89-112. https://doi.org/10.21581/jts.2025.5.37.2.89

Abstract
This study investigates consumer decision-making and estimates willingness to pay for various wine attributes in the UK market using data from a choice experiment. An online survey of 1,402 respondents yielded 14,020 choice observations. Results from a conditional logit model reveal that consumers are more likely to purchase and are willing to pay more for wines that are lower in price, higher in alcohol content, sweeter, organically produced, and full-bodied. Additionally, when more alternatives with detailed attribute information are presented, the likelihood of choosing the ‘no-purchase’ option decreases. However, increased information complexity also raises cognitive effort and decision time, leading to a notable decline in the selection of newly introduced alternatives. These findings underscore the importance of the information search process in consumer decision-making. The study offers valuable insights into UK wine consumer preferences, providing practical guidance for producers aiming to enhance product-market alignment, increase sales, and refine marketing strategies for premium segments.

Keywords
UK wine market; Choice experiments; Consumer decision-making behavior; Wine attributes; Willingness to pay

Journal
Journal of Tourism Studies: Volume 37, Issue 2

StatusPublished
Publication date31/05/2025
Date accepted by journal22/05/2025
PublisherInstitute of Tourism Research, Hanyang University
ISSN1226-8054

People (2)

Professor Danny Campbell

Professor Danny Campbell

Professor, Economics

Dr Sungkyung Kim

Dr Sungkyung Kim

Lecturer in Sport Management, Sport