Literature Review on Factors Influencing Milk Purchase Behaviour

In today’s highly informed, competitive and saturated market, a key to success of any business depends on knowing consumer and his consumption patterns and recognizing and understanding factors influencing his decision-making for the purpose of developing an attractive offer of products, supporting...

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Main Authors: Klaudia Kurajdova, Janka Taborecka-Petrovicova
Format: Article
Language:English
Published: EconJournals 2014-12-01
Series:International Review of Management and Marketing
Online Access:https://econjournals.com/index.php/irmm/article/view/1029
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author Klaudia Kurajdova
Janka Taborecka-Petrovicova
author_facet Klaudia Kurajdova
Janka Taborecka-Petrovicova
author_sort Klaudia Kurajdova
collection DOAJ
description In today’s highly informed, competitive and saturated market, a key to success of any business depends on knowing consumer and his consumption patterns and recognizing and understanding factors influencing his decision-making for the purpose of developing an attractive offer of products, supporting services, communication means and other marketing tools that would fit like a glue to customer’s needs. Study of consumer behaviour belongs to a group of very wide and strong subjects of marketing attention and its examination requires ongoing approach. Milk, as one category of dairy products, belongs to the group of basic daily-consumed products characterized by relatively high purchase frequency. On the other hand, its production and consumption is experiencing certain negative trend in Slovakia what inevitably calls for a scientific attention and examination in order to reverse this unfavourable development having a negative impact on the milk companies in Slovakia. Therefore, we focus our attention on studying various factors influencing consumers when purchasing this specific product. Our research in this stage resulted in the compilation of literature review on factors influencing consumers when purchasing milk and determination of boundaries and guidelines for our future research activity. Keywords: consumer behaviour; factors influencing milk purchase behaviour; milk. JEL Classification: M31
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spelling doaj.art-8c6e0b0165a548e082441c08788b01e22023-02-15T16:10:35ZengEconJournalsInternational Review of Management and Marketing2146-44052014-12-0151Literature Review on Factors Influencing Milk Purchase BehaviourKlaudia KurajdovaJanka Taborecka-Petrovicova0Matej Bel University, Banska Bystrica In today’s highly informed, competitive and saturated market, a key to success of any business depends on knowing consumer and his consumption patterns and recognizing and understanding factors influencing his decision-making for the purpose of developing an attractive offer of products, supporting services, communication means and other marketing tools that would fit like a glue to customer’s needs. Study of consumer behaviour belongs to a group of very wide and strong subjects of marketing attention and its examination requires ongoing approach. Milk, as one category of dairy products, belongs to the group of basic daily-consumed products characterized by relatively high purchase frequency. On the other hand, its production and consumption is experiencing certain negative trend in Slovakia what inevitably calls for a scientific attention and examination in order to reverse this unfavourable development having a negative impact on the milk companies in Slovakia. Therefore, we focus our attention on studying various factors influencing consumers when purchasing this specific product. Our research in this stage resulted in the compilation of literature review on factors influencing consumers when purchasing milk and determination of boundaries and guidelines for our future research activity. Keywords: consumer behaviour; factors influencing milk purchase behaviour; milk. JEL Classification: M31 https://econjournals.com/index.php/irmm/article/view/1029
spellingShingle Klaudia Kurajdova
Janka Taborecka-Petrovicova
Literature Review on Factors Influencing Milk Purchase Behaviour
International Review of Management and Marketing
title Literature Review on Factors Influencing Milk Purchase Behaviour
title_full Literature Review on Factors Influencing Milk Purchase Behaviour
title_fullStr Literature Review on Factors Influencing Milk Purchase Behaviour
title_full_unstemmed Literature Review on Factors Influencing Milk Purchase Behaviour
title_short Literature Review on Factors Influencing Milk Purchase Behaviour
title_sort literature review on factors influencing milk purchase behaviour
url https://econjournals.com/index.php/irmm/article/view/1029
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