Abstract
The place of a person in a particular society is largely defined by what and how theypurchase. This process is easily perceived by the reference group. Social group determines the motivationof a young person when they buy some kinds of goods. In this regard, a problem of social audiencemanagement through specific consumption and purchase models arises.The aim of the present study is modeling the purchasing process of goods that have a certain socialstatus on the youth market: mobile phones (smartphones) and fitness bracelet (trackers). The object ofstudy is the young audience; the subjects are the motives and determinants of consumer behavior duringdecision-making, and the principles of demand formation.Students of the Economics Faculty of the Peoples’ Friendship University of Russia (RUDN), Moscow,conducted the study of consumer behavior in April-May 2018. In-depth interviews and questionnaireswere used as methods of research.The following models of the consumer behavior processes were used: Stimulus-Organism-ResponseModel of Decision Making, the Foote, Cone and Belding Model, the Howard-Sheth model, andO’Shaughnessy studies.The results of the modeling process are the basis for creating marketing communication with consumerson a commercial basis and may be of interest to manufacturers and sellers of this type of productsin Russia.
Cite
CITATION STYLE
Yampolskaya, D. (2019). FEATURES OF CONSUMER BEHAVIOR WHEN BUYING SOCIALLY IMPORTANT GOODS. Journal of Economic Research & Business Administration, 130(4), 76–87. https://doi.org/10.26577/be-2019-4-e7
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