TCM Published

Embed Size (px)

Citation preview

  • 8/10/2019 TCM Published

    1/37

    Tan J & Freathy J (2011) Consumer Decision Making and

    Store Patronage eha!iour in Traditiona" Chinese Medicine

    (TCM) #a""s in Singa$ore%Journal of Retailing and

    Consumer Services% 1 (')% $$ 2*2+2

    This is the peer reviewed version of this article

    NOTICE: this is the authors version of a work that was acceted for u!lication in Journal of Retailing

    and Consumer Services" Changes resulting from the u!lishing rocess# such as eer review# editing#corrections# structural formatting# and other $ualit% control mechanisms ma% not !e reflected in this

    document" Changes ma% have !een made to this work since it was su!mitted for u!lication" &

    definitive version was su!se$uentl% u!lished inJournal of Retailing and Consumer Services# '(O)*+# ISS , -./**01 2OI: htt$,--d.doiorg-10101/-retconser201102002

    1

  • 8/10/2019 TCM Published

    2/37

    Consumer Decision Making and

    Store Patronage Behaviour in Traditional Chinese Medicine

    (TCM) Halls in Singapore

    By

    Jaclyn Pit Ting Tan

    and

    Paul !reathy"

    *contact author

    Institute for Retail Studies Temasek Business SchoolUniversity of Stirling Temasek PolytechnicScotland 21 Tampines venue 1!"# $% Singapore &2#'&'

    Tel( )$$ 1'+ $+'$1,e-mail(./p/freathy0stir/ac/uk

    2

    mailto:[email protected]:[email protected]
  • 8/10/2019 TCM Published

    3/37

    Consumer Decision Making and Store Patronage Behaviour in

    Traditional Chinese Medical Halls in Singapore

    #$stract

    This paper eamines ho patronises Traditional 3hinese 4edicine 5T346 halls inSingapore and for hat purpose/ 7uantitative study of $,, respondents identifiesthat T34s are used primarily for the improvement of health and ell 8eing ratherthan the treatment of more serious medical conditions/ 9hile the patronage of T34stores is not restricted to the 3hinese population: traditional 4om-and-Pop outletshave come under increasing pressure from ne market entrants/ 9hen choosing aT34 outlet: customers consider price and 7uality to 8e important factors hile trustin the store keeper as also identified as a key determinant of store choice/

    %ey&ords

    Traditional 3hinese 4edicine ;alls3onsumer BehaviourStore 3hoice 3riteria

  • 8/10/2019 TCM Published

    4/37

    Consumer Decision Making and Store Patronage Behaviour in

    Traditional Chinese Medical Halls in Singapore

    ' ntroduction

    Traditional 3hinese medicine 5T346 is one the most idely practiced traditional

    medicine systems in the orld 5=uncan and >ertefeuille 2,,

  • 8/10/2019 TCM Published

    5/37

    not only operates a chain of modern retail outlets 8ut also has research facilities and a

    num8er of private clinics/

    The aim of this paper is to provide a 8etter understanding of ho uses T34 halls in

    Singapore and to provide an insight into their 8uying 8ehaviour/ It ill look at the

    type of products purchased and customer?s rationales for using T34 products/ The

    research ill then attempt to ascertain the most critical store attri8utes hen selecting

    an outlet and comment on likely future changes in the T34 market/

    In order to achieve these outcomes: the paper is divided as follos: first a revie of

    the consumer decision making process and store patronage theories helps provide a

    conceptual frameork for this paper/ This ill 8e folloed 8y a 8rief overvie of the

    structure of the T34 industry/ fter detailing the methodology: the paper provides an

    empirical section that outlines the findings of the research/ !inally a series of

    conclusions are dran/

    * Buyer $ehaviour and patronage theories

    Santesmases 51##+6 noted the compleity of 8uying 8ehaviour ith numerous internal

    and eternal varia8les influencing the decision to purchase/ 4oreover it as

    identified that decision making varied according to product type ith different

    products carrying different levels of risk/ 3onsumer 8ehaviour therefore re7uires an

    understanding of the actions directly involved in o8taining: consuming: and disposing

    of products and services: including the decision processes that precede and follo

    these actions 5Fngel et al: 2,,,6/

    &

  • 8/10/2019 TCM Published

    6/37

    Broadly there are to approaches for analysing consumer 8uying decisions/

    Psychological modelsconcentrate upon psychological and cognitive processes such as

    motivation and need recognition/ They focus upon the motives for 8uying and the

    process of learning and attempt to eplain ho perceptions: 8eliefs: attitudes and the

    8uying situation: affect consumer 8ehaviour/ Psychological models also dra upon an

    understanding of sociological models and vie consumer 8ehaviour in the contet of

    factors such as culture: social class: family: and lifestyle 5rmstrong et al 2,,'6/

    second approach to understanding consumer decision making vies the process in

    terms of a se7uence of cognitive stages that involves information search: alternative

    evaluation: purchase decision and outcome evaluation 5Schiffman and "anuk 1##$H

    Solomon 1##+6/ 3onsumer decision-making is therefore depicted as 8eing 8oth

    multi-staged and comple ith several factors triggering pro8lem recognition 8efore

    initiating a se7uence of actions to reach an outcome of satisfaction or dissatisfaction

    53o et al: 1#

  • 8/10/2019 TCM Published

    7/37

    @ne eakness of consumer decision making models is that they do not consider ho

    consumers evaluate different service channels 5Fhren8erg 1##6/ In the contet of this

    study: it is important to understand the reasons and varia8les that affect T34

    customer store choice selection/ s such: it remains relevant to also eamine 8riefly

    the literature on store patronage 8ehaviour/

    Store image is 8elieved to have strong influence on the consumer?s choice of retail

    store/ 4artineau 51#&6 purported that a store is defined in the shopper?s mind: partly

    8y its functional 7ualities and partly 8y an aura of psychological attri8utes/ %ind7uist

    51#'$6 shares a similar vie and descri8es store choice as a com8ination of tangi8le

    and intangi8le factors that reflect consumer attitudes toards individual stores/ eal

    et al 51###6 and 4ay 51#16 further suggested that retailers should 8e concerned not

    only ith their on image: 8ut also the image of their mall J precinct as consumers

    may make their patronage decisions 8ased on the shopping environs as ell as the

    individual store/

    >isser and du Pree 52,,16 note that shopping orientation is a comple and

    multidimensional concept that is etremely difficult to define/ s Shim and

    "otsiopulos 51##26 state(

    A//researchers have investigated various relationships among factors influencing 8othshopping orientations and patronage 8ehaviour: and their findings appear to 8einconsistentC 5p/$#6/

    lthough comple: a num8er of previous retail and marketing studies have identified

    several consumer oriented store attri8utes as 8eing potentially significant for the

    consumer?s evaluation of stores/ They include merchandise assortment and 7uality:

    '

  • 8/10/2019 TCM Published

    8/37

    customer service: store lay-out: convenience: cleanliness and atmosphere 54aursky

    K Laco8y 1#+H %evy K 9eit 2,,1 and Blackell et al/ 2,,16/ eal et al 51###6 for

    eample identified the dimensions considered critical in influencing store choice

    5Ta8le 16/

    Ta$le ' a$out here

    9hile many attri8utes are important to customers: advocators of determinant

    attri8utes theory like 4yers and lpert 51#+6 and rnold et al 51#

  • 8/10/2019 TCM Published

    9/37

    The diagnosis of a patient?s condition in T34 consists of three activities( an etensive

    intervie: pulse diagnosis: and a tongue eamination/ The prescriptions are made up

    of her8s that are derived from plant: animal: and mineral su8stances/ Patients have to

    8oil the com8inations of her8s and then allo the concoction to simmer for hours

    8efore drinking/ The strength of T34 lies in its gentle: gradual remedies and is aimed

    at evaluating and improving the physical: mental: spiritual and social circumstances of

    the patient 5Sivin 1#'6/

    traditional D4om-and-Pop? T34 hall is typically a shop-house that provides these

    her8al remedies to customers/ Patients seek advice from the Dpharmacist? on dosages

    and the duration of treatments/ The pharmacist then picks the appropriate her8al mi

    for customers to take home and 8oil/ In addition: a T34 hall sells Dover the counter?

    medicines for minor aliments such as flu: fever as ell as ellness improvement

    products such as 8ird nests and cordyceps2/

    Traditional T34 halls in Singapore are mainly family run and are passed don

    through the generations/ It is a male oriented industry that operates on an apprentice -

    master relationship ith the son learning from the father/ 9hile still operating in

    many pu8lic housing areas: this form of T34s has 8een in decline for a num8er of

    years/ @ne reason has 8een: that for the past three decades Singapore Novernment

    policies have favoured a 9estern 8ased healthcare system and vieed T34 as a

    secondary form of treatment for the 3hinese population/

    Novernment 8acked schemes in the 1#,s such as 4edisave: 5a compulsory savings

    programme 8ased on a payroll levy6 and 4edishield 5an insurance scheme6 ensured

    23ordyceps is a genus of fungi that includes a8out $,, descri8ed species/

    #

  • 8/10/2019 TCM Published

    10/37

    that every Singaporean had access to 8asic medical care irrespective of their socio-

    economic status 5Puay and Tang 2,,$H Reisman 2,,+6/ 9hile 9estern treatments

    received su8stantial funding and investment: the same support as not etended to

    T34/ There ere no su8sides from the Novernment for individuals seeking

    healthcare through T34 and medical notes from T34 practitioners ere not

    recognised 8y employers/ =espite this: traditional 3hinese medicine still managed to

    maintain a loyal folloing/ By the end of the 1#,s: there ere tenty si T34

    clinics and an estimated 1,,, T34 practitioners distri8uted throughout the island

    5Geoh 2,,

  • 8/10/2019 TCM Published

    11/37

    evidence confirming the 8eneficial effects of its flagship products/ It also introduced

    ne product formulas in capsule forms: modernised its image: set up a chain of stores

    in shopping malls and engaged in sales promotions/ This approach as soon adopted

    8y other T34 companies such as ;ock ;ua: E T P and Bee?s Brands/

    In the ake of this modernisation programme many of the traditional 4om-and-Pop

    T34 halls struggled to survive/ In the late 1##,s: the Novernment introduced a

    support programme that assisted shop oners to retire or restructure their 8usiness/

    Those ho gave up their 8usiness received an e gratia payment of SO+,:,,,

    5;ousing =evelopment Board official e8site6/ This initiative as a catalyst that sa

    the num8er of traditional T34 halls fall from ,, in 1##+ 54inistry of ;ealth

    e8site6 to approimately 1, in 2,, 5Singapore Gello Pages 2,,6/

    9hile there has 8een a decline in the num8er of 4om-and-Pop outlets: there has also

    8een a num8er of ne entrants into the T34 market/ t the premium end of the

    healthcare sector: the market is dominated 8y T34 companies from 3hina/ These

    have 8een esta8lished in colla8oration ith local hospitals: for eample: 4a "ang

    T34 4edical Nroup has

  • 8/10/2019 TCM Published

    12/37

    , Hypotheses and Methodology

    Based upon the previous discussions a num8er of hypotheses may 8e formulated/

    Niven the emphasis placed upon 9estern medicine 8y the Singapore Novernment: it

    is likely that(

    H1: Individuals will display a preference for Western health care formats when

    seeking treatment for a serious illness and this preference will be displayed amongst

    all respondents regardless of socio demographic background.

    In contrast T34s provide the opportunity for individuals to seek traditional

    treatments for relatively minor ailments/ 4oreover as the literature suggest: they are

    mostly fre7uented 8y older: loer income consumers/ Therefore it may 8y

    hypothesised that(

    H2: Individuals seeking treatment for minor ailments will use a variety of health care

    formats and the pattern of usage will vary by socio demographic background/

    Previous research has suggested that T34 outlets in Singapore have traditionally

    8een independently oned: family 8usinesses linked closely to the local community/

    4any T34 practitioners are knon on a personal level and their advice is valued and

    trusted 8y consumers/ s a conse7uence personal relationships appear to 8e of

    primary importance hen choosing a T34 outlet/ Therefore(

    12

  • 8/10/2019 TCM Published

    13/37

    H !he choice and patronage of !"# halls will be primarily based upon relational

    factors such as the knowledge displayed by store staff and the reputation of the

    practitioner.

    The literature also suggests that the T34 market continues to evolve ith the entry of

    ne: modern chains entering the sector/ Small independent halls have come under

    significant competitive pressures from larger multiple outlet retailers/ These ne

    market entrants are typically located in shopping malls: operate from modernised

    premises and provide ne and innovative products/ Therefore(

    H$ %espondents will perceive differences in the product offer and the levels of service

    provided in !"# halls depending upon the store format.

    Secondary data for this research encompassed reports ritten 8y medical practitioners

    on the healthcare system of Singapore: the histories of 3hinese and 9estern hospitals:

    as ell as statistics from the Singapore =epartment of Statistics and the ;ousing and

    =evelopment Board/

    To fully understand consumer patronage 8ehaviour ithin T34 stores: the first stage

    of the empirical research sought to gain a supply side perspective/ series of

    eploratory intervies ere held ith practitioners from the T34 industry/ The

    o8.ective of these discussions as to 8etter understand the issues involved in running

    and managing a T34 outlet as ell as informing the 7uantitative research that

    su8se7uently folloed/ Three oners of 4om-and-Pop stores ere intervieed:

    together ith managers from four national T34 organisations/ In addition: a store

    1

  • 8/10/2019 TCM Published

    14/37

    manager of a ;ealth and Beauty outlet and the 3ountry 4anager of a 9estern

    pharmacy chain ere also intervieed/

    The net stage of the research involved a survey of $,, respondents ith racial and

    age distri8utions similar to that of the Singaporean population/ The age: ethnic group:

    occupation: marital status: average household monthly income: education level:

    pattern of drug use 5self medication: T34 clinics: estern doctors etcH6: ependiture

    per trip: information sources: preferences and reasons for choice of format ere noted/

    3onstruct validity as also taken into consideration through the use of dimensions

    studied in previous 8ehavioural research/ !orty 7uestionnaires ere initially piloted

    ith relevant amendments 8eing made prior to the main distri8ution/

    9hile the ma.or users of T34s are 3hinese Singaporeans: reports note that other

    races also patronie these outlets 5The Sunday Times: 2< 4arch 2,,6/ The research

    therefore did not focus eclusively upon any one ethnic group/ team of intervieers:

    made up of the four main races in Singapore ere engaged as intervieers for this

    study/ ll of them ere 8i-lingual 5proficient in Fnglish and their mother tongues6

    and some ere also fluent in local dialects/ 9hile all ere eperienced in market

    research methods: in order to minimie intervie error: specific training as provided

    8efore the survey/ !ace to face intervies ere conducted over a three eek period in

    ugust at ton centres and shopping malls/ To minimie sampling 8ias: every tenth

    person as intervieed until the re7uired num8er as reached/ =ata ere coded and

    entered into SPSS 5v1+/,6 and in order to lessen processing errors: data entry as

    undertaken 8y to persons/

    1$

  • 8/10/2019 TCM Published

    15/37

    The main limitation of this research is the limited industry information and academic

    literature on T34/ Important varia8les may not have 8een documented/ In addition

    hile it is recognised that there are differing levels of compleity in consumer

    decision making: the study does not differentiate 8eteen etended: limited and

    routine decision making/ The risk involved in 8uying a her8al drink may 8e different

    from that of 8uying generic her8s/

    - !indings

    The first stage of the research as to determine a profile of ho fre7uented T34

    outlets/ The survey revealed that '

  • 8/10/2019 TCM Published

    16/37

    manufacturers such as Brand?s 5the oldest supplier of chicken essence in Singapore6

    offer a range of products that are certified A;alalC/

    The analysis also shoed that shopping at T34 outlets as not as popular amongst

    the under

  • 8/10/2019 TCM Published

    17/37

    ;aving esta8lished a profile of the T34 consumer: the net stage of the research

    sought to identify the main purposes for using a T34 outlet/ In particular it asked

    respondents here they ould seek medical help from if they ere seriously ill or if

    they suffered from minor aliments 5Ta8les < and $6/

    Ta$les + and , a$out here

    If seriously ill: the overhelming respondents 5#/+M6 either preferred to use 9estern

    medicines or to see 8oth a 3hinese and 9estern doctor at the same time/ o

    respondent elected to use a T34 and hen cross ta8ulated against the socio

    demographic varia8les of gender: race age: marital status: occupation: housing type

    and income: no significant relationship as identified

  • 8/10/2019 TCM Published

    18/37

    choice as still the 9estern clinics 5&,M6: they ere more likely to use T34 halls for

    self medicating medicine 52M6 rather than a 9estern pharmacy 51/M6/ @nly $/1M

    of the over &,s chose to visit 3hinese clinics hen they suffered from minor aliments/

    @verall the results demonstrate that hen Singaporeans fall sick: regardless of the

    seriousness of the illnesses: the ma.ority ould seek help from a 9estern hospital:

    clinic or pharmacy/ Such findings are unsurprising and affirm that 9estern medicine

    is the primary form of health care in Singapore/

    The net stage of the research as to identify the most popular products purchased

    from T34 outlets/ lmost

  • 8/10/2019 TCM Published

    19/37

    The findings also identified that 4om-and-Pop halls ere a8le to differentiate

    themselves from the modern T34 stores ith 2$M of respondents using these

    traditional outlets for Dspecial prescriptions for illness? 5typically a her8al mi6/ In

    contrast only 2/1M of respondents cited this as the main product they 8ought from

    modernised T34 halls/ Interestingly: the study also highlighted that only 2/'M of

    T34 customers had never shopped at a 4om-and-Pop outlet 8efore 5all ere in the

    2,-2# years age group6/

    The net stage of the research eamined hich factors respondents considered

    important hen choosing a specific T34 outlet 5Ta8le '6/

    Ta$le / a$out here

    T34 customers rated Staff "noledge: Quality of 4erchandise and 4erchandise

    Prices 5scored $/22: $/21 and

  • 8/10/2019 TCM Published

    20/37

    eigenvalues greater than one ere etracted and accounted for M of the variance/

    scree test further suggested that these components ere meaningful/

    Ta$le 0 a$out here

    9hile relational issues and the reputation of the T34 ere 8oth identified as 8eing

    important store choice factors: the research also highlighted the importance of

    operational attri8utes such as price: product range: display and store location/ This

    ould suggest that in order to remain competitive T34 stores need to develop a

    reputation for trust and professionalism hile at the same time maintaining a

    competitively priced and appropriate product range/

    Niven the competitiveness of the T34 industry and the increasing num8er of ne

    market entrants: the research eamined customers? perceptions of the different T34

    formats 5Ta8le #6/ In particular: the research sought to identify hether respondents

    perceived differences in the products and services offered 8y 4om and Pop and ne

    modernised T34 halls/

    The findings illustrate that modernised T34 halls ere perceived as 8etter in si out

    of the ten attri8utes: hile for three factors the ma.ority of respondents felt there as

    no difference/ 4om-and-Pop T34 outlets ere considered 8etter in only one

    attri8ute - 4erchandise Prices 5value for money6/

    Ta$le 1 a$out here

    2,

  • 8/10/2019 TCM Published

    21/37

    . Discussion and Conclusions

    @ver the last to decades: Singaporeans have itnessed the closure of numerous

    4om-and-Pop oned T34 halls/ =ue to the Novernment?s promotion of 9estern

    medical care since the 1#,s: T34 is no longer considered the primary form of health

    care for the 3hinese population/ 4oreover: the introduction of shopping malls in

    Singapore has changed the 8uying ha8its of consumers ho prefer to shop in air-

    conditioned centres rather than in local housing estates/ t the same time hoever:

    there has 8een a successful introduction of modernised T34 stores ith updated

    practices and procedures/ =espite changes in the eternal environment therefore:

    T34 continues to en.oy a certain level of popularity in Singapore/

    The use of T34 ould appear to cut across gender: age and income/ The research

    identified slightly more female than male customers in most of the demographic

    categories/ The ma.ority of T34 customers ere over

  • 8/10/2019 TCM Published

    22/37

    users as having specific demographic characteristics. !or eample: respondents ere

    more likely to 8e older 5over the age of &,6 ith an income under O

  • 8/10/2019 TCM Published

    23/37

    AThe oner of the T34 shop ill not cheat me/ I am assured of the 7uality of the

    product as e have lived in the same neigh8ourhood for over 2, years/C

    These findings ould suggest that T34 decision making is trust orientated and that

    the level of trust placed in individual halls is still sufficiently important to affect store

    choice/ This finding ould seem to indicate that an offer 8ased upon price alone

    ould 8e insufficient in the Singaporean T34 market/ ny value proposition ould

    need to 8e accompanied 8y a reputation for trustorthiness on the part of the retailer/

    Therefore the hypothesis(

    H !he choice and patronage of !"# halls will be primarily based upon relational

    factors such as the knowledge displayed by store staff and the reputation of the

    practitioner.

    is partly supported as the research identified that hile relational factors remain

    important: store choice cannot 8e divorced from other operational criteria such as

    range: 7uality and price/

    The third and final finding dran from the research as that respondents did perceive

    differences 8eteen traditional and modern T34 halls/ 9hile the product mies ere

    seen to 8e similar and 8oth formats competed for customers in the to most popular

    product categories 5tonics and her8al drinks6: the ma.ority of respondents considered

    the modernised outlets to stock 8etter 7uality merchandise and offer a ider range of

    products in a more physically attractive environment/ The research also identified

    that despite the poor physical image of many 4om-and-Pop stores: a num8er of T34

    2

  • 8/10/2019 TCM Published

    24/37

    shoppers did epress a preference for these outlets: most nota8ly: older T34

    customers ho placed less importance on aesthetic factors/ The fourth hypothesis

    ould therefore appear to 8e supported/

    H$ %espondents will perceive differences in the product offer and the levels of service

    provided in !"# halls depending upon the store format.

    !inally: 8y understanding the 8ehaviour: store choice criteria and epectations of

    respondents in Singapore: it is possi8le to comment upon the future challenges and

    threats to the traditional T34 hall/ @ne of the distinctive features that differentiate

    4om-and-Pop stores from that of more modern outlets is the provision of specialised:

    hand-picked her8al prescriptions/ 9hile some modern T34 stores also offer this

    service: it has remained a core strength of the more traditional outlet/ ;oever: as

    Schaum8urg 52,,'6 notes: many Singaporeans are no more concerned ith

    convenience and value and these traits ould seem to have etended to the T34

    market/ Some 3hinese clinics have recognised this and have 8egun to offer a 8reing

    service that removes the need to ait for her8al remedies to 8e picked: mied and

    cooked at home/

    The study also noted that T34 halls face competition from a num8er of ne market

    entrants/ 9estern pharmacies: supermarkets and convenience stores have all 8egun to

    stock T34 products and although the range is currently limited 5primarily essences

    and tonics6 the category as a hole is seen as having significant groth potential/ In

    discussions ith the 3ountry 4anager of one chain of 9estern pharmacies: it as

    noted that the company intended to increase its range of 3hinese health products/

    2$

  • 8/10/2019 TCM Published

    25/37

    Similarly the Store 4anager of a ;ealth and Beauty retailer mentioned that T34

    products have 8ecome etremely popular in certain 8ranches and demand as 8eing

    closely monitored/ T34 outlets may therefore face increased competition from these

    channels in the coming decade/

    In conclusion therefore: this study has provided an understanding of consumer

    8ehaviour ith respect to T34 in Singapore/ It has identified ho purchases from

    these outlets and the types of products that are 8ought/ 4oreover it has detailed the

    reasons hy individuals choose one type of T34 retailer over the other and

    commented upon the nature of competition ithin the sector/

    2&

  • 8/10/2019 TCM Published

    26/37

    2e3erences

    rmstrong: N/: "otler: P/:da Silva: N/: 2,,'/ 4arketing( n introduction( n sianPerspective: Prentice ;all: Singapore

    rnold: S/L/: @um: T/;/: Tigert: =/L/: 1#

  • 8/10/2019 TCM Published

    27/37

    %ee: T/%/ 2,,+/ 3omplementary and lternative 4edicine: and Traditional 3hinese4edicine( Time for 3ritical Fngagement: nnals cademy of 4edicine:

  • 8/10/2019 TCM Published

    28/37

    Shen: "/G/: 3hu S/S/: 3hoo P/%/: 2,,&/ Regulatory 3ontrol of 3hinese Proprietary4edicines in Singapore: ;ealth Science uthority: Singapore: 1' 526 pp 1

  • 8/10/2019 TCM Published

    29/37

    Ta8le 1/ 3ritical Store ttri8utes

    Dimension o3 Store

    mage

    Components

    4erchandise Quality: selection: style :price

    Service %ay-8y-plan: sales personnel: easy return: credit:delivery

    3lientele 3ustomers

    Physical facilities 3leanliness: store layout: shopping ease: attractiveness

    3onvenience %ocation: parking

    Promotion dvertising

    Store tmosphere 3ongeniality: fun: ecitement: comfort

    Institutional Store reputation

    Post transaction Satisfaction

    Source( eal et al 51###6

    2#

  • 8/10/2019 TCM Published

    30/37

    Ta8le 2( Profile of respondents: T34 shoppers

    Characteristics Category TCM Shoppers4

    Pro3ile

    (n)

    TCM Shoppers4

    Pro3ile

    (5)Nender 4ale 122 $1/

    !emale 1', &/2

    ge 1# K 8elo $, 1

  • 8/10/2019 TCM Published

    31/37

    Ta8le < Preferred ;ealthcare !ormat 5Serious Illnesses6

    Serious llness 6 Percentage 2anking

    9estern 3linic J 9estern ;ospital 2

  • 8/10/2019 TCM Published

    32/37

    Ta8le &( 3hi S7uared test for significance: preferred format for minor illnesses

    >aria8le >alue sig 3ramers >

    Nender 1,/ /,1

  • 8/10/2019 TCM Published

    33/37

    Ta8le +/ 4ost fre7uently purchased product category

    Mom7and Pop

    TCM Halls

    5 Modernised

    TCM Halls

    5 8estern

    Pharmacy

    5

    Product

    category

    Tonic

  • 8/10/2019 TCM Published

    34/37

  • 8/10/2019 TCM Published

    35/37

    Ta8le / Principal 3omponent nalysis for Store 3hoice !actors$

    3omponent !actors !actor loading

    @perations

    =isplays allo Brosing /'#$%ocated in Shopping 3entres /'1

    Range of 4erchandise /+##

    ;aving 4any @utlets /&'

    4erchandise Prices /$1

    Reputation

    3lass of 3lientele /'+$

    Store Reputation /'

  • 8/10/2019 TCM Published

    36/37

    Ta8le #( Respondents perception of T34 8y format

    TCM Halls

    Mom7and7

    Pop

    5

    Modernised

    5

    6o

    di33erence

    5

    4erchandise prices 5value for 4oney6 .,, 21/# 1

  • 8/10/2019 TCM Published

    37/37

    !igure ' Singapore TCM Market Structure

    @riginal !ormats e Fntrants

    T34;ospitals K3linics

    T34 !ree3linic

    "ong 9ai Shui ;ospital3hung ;a 4edical InstitutionBuddhist !ree 3linicsThe Pu8lic !ree 3linicThye ;a "an ;opsitalumerous Individual 3linics

    T34 outletslocated in

    ;=B estates

    umerous independent retailers

    Provision Shopsselling medical

    oils: tonicsand essences

    T34 3linicsin colla8orationith 9esternhospitals

    Bao Ehong Tong K SingaporeNeneral ;ospitalTong Ren Tang K leandra;ospitalFu Gan Sang K 3hangi Neneral;ospital3hung ;a 4edical K 3hangiNeneral ;ospital

    T34 3hainclinics4a "uang ;ealthcare Nroup

    3hien Qi Tao

    Fu Gan Sang;ock ;ua

    ETPBees? Brand

    T34 3hains locatedIn shopping malls

    9estern Pharmacies

    Selling T34packaged products

    Nuardian PharmacyUnity TU3 ;ealthcare

    N3ature?s !arm

    9atson Pharmacy

    Supermarkets and3onvenience storesselling medical oil Kessence of chicken

    Supermarkets(Niant

    3old StorageTU3 !airPrice

    3arrefourShop SaveSheng Siong

    3onvenience Stores(3heers

    '-Fleven