Abstract

The paper sheds light on the use of a self-learning GNG neural network for identification and exploration of the purchasing behaviour patterns. The test has been conducted on the data collected from consumers aged 60 years and over, with regard to three product purchases. The primary data used to explore the purchasing behaviour patterns was collected during a survey carried out among the elderly students at the Universities of Third Age in Slovenia, the Czech Republic and Poland, in the years 2017–2018. Finally, a total of six different types of purchasing patterns have been identified, namely the ‘thoughtful decision’, the ‘sensitive to recommendation’, the ‘beneficiary, the ‘short thoughtful decision’, the ‘habitual decision’ and ‘multiple’ patterns. The most significant differences in the purchasing patterns of the three national samples have been identified with regard to the process of purchasing a smartphone, while the most repetitive patterns have been identified with regard to the purchasing of a new product. The results significantly support the GNG network’s validity for identification of consumer behaviour patterns. The application of this method allowed quick and effective to identify and segment consumers groups as well as facilitated the mapping of the differences among these groups and to compare the consumption behaviour expressed by consumers on different markets. The identified consumer purchase patterns may play a basic role for marketers to understand consumer behaviour and then propose tailored strategies in international marketing.

Highlights

  • Contemporary global society is different from all the previous generations

  • The most significant differences in the purchasing patterns of the three national samples have been identified with regard to the process of purchasing a smartphone, while the most repetitive patterns have been identified with regard to the purchasing of a new product

  • It is important to understand the behaviour patterns of older consumers, as well as the evaluation criteria that older people use in market decision-making processes, which enables for a general understanding of the broad changes in consumer behaviour observed in the silver market (Ong et al 2008)

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Summary

Introduction

Contemporary global society is different from all the previous generations This can be observed i.e. comparing the demographic structure of the world over the past hundred years. Current contemporary marketing strategies are developed based on in-depth and detailed research on consumer behaviour, substantially in the context of international marketing. Data collections are supported by the dynamic development of techniques and instruments dedicated, and managers have to cope with increasingly expansive multidimensional data sets Such a process leads to the necessity of using increasingly advanced analytical methods, especially when the goal is to obtain comparative results. Strong evidence shows that the GNG network appears to be an efficient tool for analysis of multidimensional data sets and applied for grouping, classifying and searching for different patterns widely (Decker and Monien 2003; Decker 2005; Migdał-Najman and Najman 2013; Najman et al 2018). Neural networks can, for example, predict the consumers’ shopping behaviour with greater accuracy than regression (Flynn et al 1995)

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