Consumers’ versatile buying behavior irrespective to high and low involvement products
The consumers of today are impulse and cautious buyers at the same time. This study basically comprehends the concept of non-linearity towards the consumer purchase behavior for either high or low involvement of products. The research was interesting to note the consumption patterns of different product classes. The peculiarity of this study found the same non-linearity wavelengths between the high and low involvement products’ that was shaped by the consumers buying intention and actions. ADF unit root test has justified this result with the mall intercept survey of 1700 respondents buying variety of high and low involvement products. According the many/ various marketing principle of high and low involvement grid, consumers have different behavior towards purchasing high and low involvement but this result signifies that the consumers’ purchase intention has become more cautious towards buying both kinds of products, which is due to the economic crises and recession. As the prices have hiked of all kinds of products, consumers while maintaining their lifestyle are attentive towards their expenses and convenience and specialty products. An alert for marketers to divest the old kind of consumer behavior and should focus on consumers’ vigilant behavior. Real-life marketing strategy is a sound strategy, which uses common-sense to analyze the environment. This helps the marketers to comprehend the similar non-linearity of high and low involvement products by ‘gut-reaction’, experience, rational and irrational processes to understand the consumer purchase and consumption to attain their satisfaction, retain them and also to keep the products revenue generation streamlined.
|Date of creation:||2012|
|Publication status:||Published in Science Series Data Report 2.4(2012): pp. 64-69|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Oliver, Richard L & Swan, John E, 1989. " Equity and Disconfirmation Perceptions as Influences on Merchant and Product Satisfaction," Journal of Consumer Research, Oxford University Press, vol. 16(3), pages 372-383, December.
- Muhammad Imtiaz Subhani & Amber Osman, 2011.
"A Study on the Association between Brand Awareness and Consumer/Brand Loyalty for the Packaged Milk Industry in Pakistan,"
South Asian Journal of Management Sciences (SAJMS), Iqra University,
Office of Research, Innovation & Commercialization (ORIC), Iqra University, vol. 5(1), pages 11-12, Spring.
- Subhani, Muhammad Imtiaz & Osman, Ms.Amber, 2009. "A Study On The Association Between Brand Awareness And Consumer/Brand Loyalty For The Packaged Milk Industry In Pakistan," MPRA Paper 21367, University Library of Munich, Germany, revised 12 Sep 2009.
- Subhani, Muhammad Imtiaz & Osman, Ms. Amber, 2011. "A study on the association between brand awareness and consumer/brand loyalty for the packaged milk industry in Pakistan," MPRA Paper 34801, University Library of Munich, Germany.
- Hasan, Syed Akif & Subhani, Muhammad Imtiaz & Raheem, Saquib, 2011. "Measuring Customer Delight: A Model for Banking Industry," MPRA Paper 34724, University Library of Munich, Germany. Full references (including those not matched with items on IDEAS)
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:37665. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter)
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.