The Biggest Bang for the Buck: Valuation of Various Components of a Regional Promotion Campaign by Participating Restaurants

This study examined how various components of the Certified South Carolina campaign are valued by participating restaurants. A choice experiment was conducted to estimate the average willingness to pay (WTP) for each campaign component using a mixed logit model. Three existing campaign components—Labeling, Multimedia Advertising, and the ‘‘Fresh on the Menu’’ program—were found to have a significant positive economic value. Results also revealed that the type of restaurant, the level of satisfaction with the campaign, and the factors motivating participation significantly affected restaurants’ WTP for the campaign components.

Bosch, Darrell J.
Marchant, Mary A.
McKenzie, Andrew M.
Paudel, Krishna P.
Issue Date:
May 01 2014
Publication Type:
Journal Article
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Published in:
Journal of Agricultural and Applied Economics, 46, 2
Page range:
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JEL Codes:
C40; M31; M38

 Record created 2017-04-01, last modified 2020-10-28

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