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Identifying the Relative Influence of the Product- related Attributes on Consumer's Choice (CROSBI ID 672901)

Prilog sa skupa u zborniku | izvorni znanstveni rad | međunarodna recenzija

Mjeda, Trina ; Tomiša, Mario ; Kurečić, Petar Identifying the Relative Influence of the Product- related Attributes on Consumer's Choice // Economic and social development / Ibrahimov, Muslim ; Aleksic, Ana ; Dukic, Darko (ur.). 2019. str. 1434-1439

Podaci o odgovornosti

Mjeda, Trina ; Tomiša, Mario ; Kurečić, Petar

engleski

Identifying the Relative Influence of the Product- related Attributes on Consumer's Choice

Under a dynamic and volatile changes that affect the marketplace, consumers face trade- offs in their buying decision on a daily basis. In such turbulent economic environment, producers are also facing a challenge by constantly developing and innovating their products, in order to satisfy much more demanding consumers who are seeking for extra benefits. In line with consumer's choice being a complex process affected by consumer's socio- demographic, economic and behavioral determinants, there is a set of several intrinsic and extrinsic product- related attributes that influence forming expectations during the purchase decision process. Since consumers' perceptions of product quality changes over time as a result of new information, increased competition or changing expectations, marketers need to have insights on consumer behavior to properly anticipate and respond market challenges. Understanding the process of forming expectations can provide guidelines to marketers and brand experts to identify the key parameters for developing a more efficient and focused product strategy. This study aims to investigate the relative importance of the selected extrinsic product attributes, since a better and more comprehensive understanding of trends in consumers' buying behavior and product attributes that mostly affect their buying decisions can enhance the product placement process. The research findings will result in several contributions, with respect to future marketing communications, product positioning and further scientific research.

branding ; buying behavior ; consumers' choice ; product attributes ; purchase decision

nije evidentirano

nije evidentirano

nije evidentirano

nije evidentirano

nije evidentirano

nije evidentirano

Podaci o prilogu

1434-1439.

2019.

objavljeno

Podaci o matičnoj publikaciji

37th International Scientific Conference on Economic and Social Development – "Socio-Economic Problems of Sustainable Development” Proceedings

Ibrahimov, Muslim ; Aleksic, Ana ; Dukic, Darko

Varaždin: Varazdin Development and Entrepreneurship Agency / Azerbaijan State University of Economics (UNEC) / University North, Koprivnica, Croatia / Faculty of Management University of Warsaw, Warsaw, Poland / Faculty of Law, Economics and Social Sciences Sale -

1849-7535

Podaci o skupu

37th International Scientific Conference on Economic and Social Development

predavanje

14.02.2019-15.02.2019

Baku, Azerbajdžan

Povezanost rada

Trošak objave rada u otvorenom pristupu

Ekonomija, Informacijske i komunikacijske znanosti

Indeksiranost