


Volume 16 No 5 (2018)
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Impact of Country of Origin and Brand Logo on the Acceptance of Luxury Price Based on Brain Evoked Potential Analysis
Ying Cheng , Tianhua Wang
Abstract
In order to reveal the Brain evoked potential analysis neuro-mechanism of the impact of external clues on
consumers' acceptance of luxury price through the use event-related potentials (ERPs), this paper took the
consumers’ purchase of luxury goods as background to simulate the shopping scenario of luxury goods through
experiments. The event-related potential (ERP) method was used to record the brain electrical activities of the
subjects during the decision-making process. This study designed experiment 1 and 2 to examine the impact of the
clue of single-double country of origin and the existence of brand logo on the acceptance of luxury price. Studies
have shown that the clue of single country of origin are more conducive to consumers’ acceptance than the clue of
double country of origin; the logo design are also more conducive to consumers’ acceptance of price.
Keywords
Brain Evoked Potential Analysis, Consumer, Country of Origin, Brand Logo
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