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Comparative Analysis of Private Labels—Private Labels from the Point of View of a Millennial Customer in Slovakia, Czech Republic and Hungary

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  • Ingrida Košičiarová

    (Department of Marketing and Trade, Faculty of Economics and Management, Slovak University of Agriculture in Nitra, 94911 Nitra, Slovakia)

  • Zdenka Kádeková

    (Department of Marketing and Trade, Faculty of Economics and Management, Slovak University of Agriculture in Nitra, 94911 Nitra, Slovakia)

  • Milan Džupina

    (Department of Mass Media Communication and Advertising, Faculty of Philosophy, Constantine the Philosopher University in Nitra, 94911 Nitra, Slovakia)

  • Ľubica Kubicová

    (Department of Marketing and Trade, Faculty of Economics and Management, Slovak University of Agriculture in Nitra, 94911 Nitra, Slovakia)

  • Marek Dvořák

    (Department of Trade and Finance, Faculty of Economics and Management, Czech University of Life Sciences Prague, 165000 Prague, Czech Republic)

Abstract

The present paper is focused on the issues of private labels, their establishment, perception and preference by selected groups of respondents, namely consumers under the age of 25 and also inhabitants of selected V4 countries (Slovakia, Hungary and Czech Republic). An anonymous questionnaire survey was chosen as the main research method. A total of 3038 respondents aged under 25 participated—1064 respondents were from Slovakia, 973 from Hungary and 1001 from Czech Republic. This research method was subsequently supplemented with selected statistical methods evaluated in the XL Stat statistical program, SAS Enterprise Guide 7.1 and SAS 9.4, where hypotheses were examined by Pearson’s Chi-Square Test, Mantel–Haenszel Chi-square test, Cramer’s V contingency coefficient, Pearson’s correlation coefficient, Friedman’s test, Kruskal–Wallis test, Correspondence analysis and Phi Coefficient. The results of the survey can be perceived more than positively as most of the respondents declared that they knew the concept of private labels; more than 80% of respondents buy them either regularly or sporadically; just over 32% of respondents explicitly prefer them in their purchases and in terms of the perception of the quality, almost 75% of respondents think the quality of private label products is comparable to that of traditional brands.

Suggested Citation

  • Ingrida Košičiarová & Zdenka Kádeková & Milan Džupina & Ľubica Kubicová & Marek Dvořák, 2020. "Comparative Analysis of Private Labels—Private Labels from the Point of View of a Millennial Customer in Slovakia, Czech Republic and Hungary," Sustainability, MDPI, vol. 12(23), pages 1-19, November.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:23:p:9822-:d:450324
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