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Understanding Patronage Behavior Among Tourists in Shopping Malls in Malaysia Using the Experience Economy Framework

In: Proceedings of the 12th International Conference on Business, Accounting, Finance and Economics (BAFE 2024)

Author

Listed:
  • Wai Kheong Chin

    (Quest International University)

  • Abdul Raheem Mohamad Yusof

    (Quest International University)

  • Khong Loong Jeffrey Yee

    (Quest International University)

Abstract

The experience economy stands out as a mega trend because of its worldwide impact and researchers have studied this idea across diverse industries such as retail and tourism. When more and more people are concerned about experiential consumption, traditional business approaches that focus heavily on the product itself rather than on customer needs or experiences, and their accompanying strategies have become less effective. Therefore, companies including retail stores and malls must create their own unique transformational experiences to keep the customers happy. Due to advancement of technology and changing consumer preference, new related variables should be examined so that their impact on patronage behavior can be known. This paper proposed the use of the extended Pine and Gilmore’s experience economy framework to investigate patronage behavior among Tourists in shopping malls in Malaysia.

Suggested Citation

  • Wai Kheong Chin & Abdul Raheem Mohamad Yusof & Khong Loong Jeffrey Yee, 2025. "Understanding Patronage Behavior Among Tourists in Shopping Malls in Malaysia Using the Experience Economy Framework," Advances in Economics, Business and Management Research, in: Abdelhak Senadjki & Fanyu Chen & William Keng Soon Choo & Voon Hsien Lee & Chooi Yi Wei (ed.), Proceedings of the 12th International Conference on Business, Accounting, Finance and Economics (BAFE 2024), pages 448-461, Springer.
  • Handle: RePEc:spr:advbcp:978-94-6463-666-6_27
    DOI: 10.2991/978-94-6463-666-6_27
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