Effect size measurement in functional milk product marketing

The paper presents the application possibility of “Effect size” and Cohen’s-d index in the case of introduction of new milk products on the market. The field and online survey were used to establish the potential interest of final consumers for new functional food product of dairy company in Sloveni...

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Main Authors: Karmen Pažek, Črtomir Rozman, Jernej Turk, Darja Majkovič, Sebjan Hari, Matej Kolenko, Sašo Pamič, Jernej Prišenk
Format: Article
Language:English
Published: Croatian Dairy Union 2011-12-01
Series:Mljekarstvo
Subjects:
Online Access:http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=112026
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author Karmen Pažek
Črtomir Rozman
Jernej Turk
Darja Majkovič
Sebjan Hari
Matej Kolenko
Sašo Pamič
Jernej Prišenk
author_facet Karmen Pažek
Črtomir Rozman
Jernej Turk
Darja Majkovič
Sebjan Hari
Matej Kolenko
Sašo Pamič
Jernej Prišenk
author_sort Karmen Pažek
collection DOAJ
description The paper presents the application possibility of “Effect size” and Cohen’s-d index in the case of introduction of new milk products on the market. The field and online survey were used to establish the potential interest of final consumers for new functional food product of dairy company in Slovenia - milk with phytosterols additives. Two techniques possibilities of Cohen-d index were calculated; manual and using the Cohen’s-d calculator. Further, the application is focused on two main questions in survey regarding observed problem: 1) Would you buy milk with phytosterols additives, which scientifically proven lowers concentration of cholesterol in blood? 2) Would you pay for it at a higher price? The sample includes 419 surveys, 150 surveys were conducted on field (control group) and 269 surveys were provided online (experimental group). The Cohen’s-d index (d) results show by using manual and Cohen’s-d calculator for both groups “small” effect (d=0.35, i.e. d=0.34 ), and “zero or near zero” effect (d=0.15, i.e.= 0.15) when deciding to buy new milk product.
format Article
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institution OA Journals
issn 0026-704X
1846-4025
language English
publishDate 2011-12-01
publisher Croatian Dairy Union
record_format Article
series Mljekarstvo
spelling doaj-art-8510065e2000426cb6e3d04ec5f781e42025-08-20T01:58:36ZengCroatian Dairy UnionMljekarstvo0026-704X1846-40252011-12-01614341347Effect size measurement in functional milk product marketingKarmen PažekČrtomir RozmanJernej TurkDarja MajkovičSebjan HariMatej KolenkoSašo PamičJernej PrišenkThe paper presents the application possibility of “Effect size” and Cohen’s-d index in the case of introduction of new milk products on the market. The field and online survey were used to establish the potential interest of final consumers for new functional food product of dairy company in Slovenia - milk with phytosterols additives. Two techniques possibilities of Cohen-d index were calculated; manual and using the Cohen’s-d calculator. Further, the application is focused on two main questions in survey regarding observed problem: 1) Would you buy milk with phytosterols additives, which scientifically proven lowers concentration of cholesterol in blood? 2) Would you pay for it at a higher price? The sample includes 419 surveys, 150 surveys were conducted on field (control group) and 269 surveys were provided online (experimental group). The Cohen’s-d index (d) results show by using manual and Cohen’s-d calculator for both groups “small” effect (d=0.35, i.e. d=0.34 ), and “zero or near zero” effect (d=0.15, i.e.= 0.15) when deciding to buy new milk product.http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=112026effect sizeCohen’s-d indexfunctional foodmilk
spellingShingle Karmen Pažek
Črtomir Rozman
Jernej Turk
Darja Majkovič
Sebjan Hari
Matej Kolenko
Sašo Pamič
Jernej Prišenk
Effect size measurement in functional milk product marketing
Mljekarstvo
effect size
Cohen’s-d index
functional food
milk
title Effect size measurement in functional milk product marketing
title_full Effect size measurement in functional milk product marketing
title_fullStr Effect size measurement in functional milk product marketing
title_full_unstemmed Effect size measurement in functional milk product marketing
title_short Effect size measurement in functional milk product marketing
title_sort effect size measurement in functional milk product marketing
topic effect size
Cohen’s-d index
functional food
milk
url http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=112026
work_keys_str_mv AT karmenpazek effectsizemeasurementinfunctionalmilkproductmarketing
AT crtomirrozman effectsizemeasurementinfunctionalmilkproductmarketing
AT jernejturk effectsizemeasurementinfunctionalmilkproductmarketing
AT darjamajkovic effectsizemeasurementinfunctionalmilkproductmarketing
AT sebjanhari effectsizemeasurementinfunctionalmilkproductmarketing
AT matejkolenko effectsizemeasurementinfunctionalmilkproductmarketing
AT sasopamic effectsizemeasurementinfunctionalmilkproductmarketing
AT jernejprisenk effectsizemeasurementinfunctionalmilkproductmarketing