IDEAS home Printed from https://ideas.repec.org/a/arh/jpopec/v5y2021i2p16-28.html
   My bibliography  Save this article

Evaluation of consumer behaviour on the Internet under the conditions of pandemic shock based on search activity in the luxury segment

Author

Listed:
  • Valentina V. Gerasimenko

    (Lomonosov Moscow State University, Moscow, Russia)

  • Ekaterina Golovanova

    (L'Oréal, Moscow, Russia)

Abstract

The article provides an overview and assessment of consumer trends that emerged during the COVID-19 pandemic from both a global and local perspective (Russia). The authors investigate perception of change and adaptive consumer behaviour, as well as the tactical capabilities of luxury brands interested in expanding the market while maintaining a premium brand with its values and history. First of all, the market in the luxury segment is shown through the lens of changes that have arisen in consumer behaviour in connection with the development of digital technologies. Taking this factor into account, the authors study the reactions of consumer behaviour that appeared in the new pandemic reality, and with the use of statistics of search queries based on Google and Yandex data, they show how global trends are manifested in the Russian market. The study reveals that against the background of global trends in consumer behaviour there was a more significant adaptation of the Russian population to new conditions, and in some cases specificity of consumer behaviour manifested itself in the local market at different stages of the dynamics of coronavirus spread. Based on the analysis of new trends, recommendations are given on what technologies luxury brands can use in the conditions of pandemic decline in the Russian market to match consumer requests in new realities. The research may be of interest to marketing and management professionals, as well as researchers in this field of sociology and industry management.

Suggested Citation

  • Valentina V. Gerasimenko & Ekaterina Golovanova, 2021. "Evaluation of consumer behaviour on the Internet under the conditions of pandemic shock based on search activity in the luxury segment," Population and Economics, ARPHA Platform, vol. 5(2), pages 16-28, June.
  • Handle: RePEc:arh:jpopec:v:5:y:2021:i:2:p:16-28
    DOI: 10.3897/popecon.5.e63315
    as

    Download full text from publisher

    File URL: https://populationandeconomics.pensoft.net/article/63315/
    Download Restriction: no

    File URL: https://libkey.io/10.3897/popecon.5.e63315?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arh:jpopec:v:5:y:2021:i:2:p:16-28. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Teodor Georgiev (email available below). General contact details of provider: https://populationandeconomics.pensoft.net/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.