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Online marketplace: student consumer strategies

Author

Listed:
  • Novgorodtseva, Anastasia N.

    (Ural Federal University named after the first President of Russia B.N. Yeltsin)

  • Tomyuk, Olga N.

    (Ural State Law University)

  • Dyachkova, Margarita A.

    (Ural State Pedagogical University)

  • Piankova , Maria P.

    (University named after the first President of Russia B.N. Yeltsin)

Abstract

Introduction. The Internet is becoming a part of everyday life; it is in this space that communication, purchases, and payment for various services are carried out. Young people are the most dynamic social group that has long mastered the Internet market with its advantages, namely, comparing prices, book products, and buy at discounts. Materials and methods. The quantitative data collection method is used for studying young people’s consumer strategies in the Internet market and understand the prevalence of online shopping practices. This task led to the application of the survey and the analysis of the data obtained. Comprehension of values and behavioral practices in consumer groups (generally active experts, partially active experts, passive experts) is based on a qualitative strategy in the form of semi-formalized interviews. Research results, their discussion. The factors of the popularity of the Internet market among students have been determined: activity on the Internet and social networks, attractive prices for goods, an expanded range of goods; it was found that such categories of goods as tickets, music, software, and food delivery are frequently purchased via the Internet; it was revealed that the frequency of online purchases varies from “once every six months” to “once every 1-3 months”, while a purchase does not always accompany a visit to an online store. The survey showed that the most preferable for young people are such services, Internet catalogs, the possibility of placing a preliminary order, booking goods with subsequent self-pickup. Conclusions. The study made it possible to establish a trend towards increasing online purchases among students in the Internet market as a consumer platform with new consumption practices.

Suggested Citation

  • Novgorodtseva, Anastasia N. & Tomyuk, Olga N. & Dyachkova, Margarita A. & Piankova , Maria P., 2020. "Online marketplace: student consumer strategies," Economic Consultant, Roman I. Ostapenko, vol. 32(4), pages 41-53.
  • Handle: RePEc:ris:statec:0073
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    References listed on IDEAS

    as
    1. Sana Azar & Shamila Nabi Khan & Junaid Shavaid, 2015. "Familiarity with Online retailing," Journal of Developing Areas, Tennessee State University, College of Business, vol. 49(6), pages 133-144, Special I.
    2. A. Seetharaman & Indu Niranjan & A.S. Saravanan & Dinakaran Balaji, 2017. "A Study of the Moderate Growth of Online Retailing (Ecommerce) In the UAE," Journal of Developing Areas, Tennessee State University, College of Business, vol. 51(4), pages 397-412, October-D.
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      Keywords

      online market; online trade; online buyers; online consumption strategies; consumer behavior in the online environment; online shopping;
      All these keywords.

      JEL classification:

      • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing

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