Abstract

The main aim of this research is ascertaining impact of demographic factors, i.e. age, gender, income and education on consumer ethnocentrism. Concept of consumer ethnocentrism, which represents customer's attitude to buy domestic products, plays an important role in modern business conditions, which is characterized by expressed complexity, unpredictability and uncertainty of business market. Knowing the impact of demographic factors on consumers purchasing habits can facilitate the process of creating multinational business strategy and performing the process of segmentation, targeting and positioning. Respecting the main goal of this paper, the research was conducted on the territory of Republic of Serbia on a sample of 545 respondents. Results of the research showed that there is statistic positive relation between age and consumer ethnocentrism, negative relation between income, education and consumer ethnocentrism and absence of difference in consumer ethnocentrism level between males and females.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.