Effects of the New Coronavirus Pandemic in Romania: Changes in Buying and Consumer Behavior

Marketing theory and practice demonstrate that the success of a business is conditioned by the correct identification and even anticipation of consumer needs and motivations, as basic elements of buying and consumer behavior. Understanding consumer behavior is an ongoing concern, but it is never sim...

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Main Author: Mariana Jugănaru
Format: Article
Language:English
Published: Ovidius University Press 2020-01-01
Series:Ovidius University Annals: Economic Sciences Series
Subjects:
Online Access:http://stec.univ-ovidius.ro/html/anale/RO/2020/Section%204/19.pdf
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author Mariana Jugănaru
author_facet Mariana Jugănaru
author_sort Mariana Jugănaru
collection DOAJ
description Marketing theory and practice demonstrate that the success of a business is conditioned by the correct identification and even anticipation of consumer needs and motivations, as basic elements of buying and consumer behavior. Understanding consumer behavior is an ongoing concern, but it is never simple or easy to achieve. Practice shows that companies can face, at certain times, changes in consumer buying behavior, without them having any intervention. These changes can represent opportunities or real threats to their work. This paper contains a theoretical component, which emphasizes the importance of knowing consumer behavior in order to ensure the success of any activity, and a practical component. The case study presented is a recent example of changing consumer behavior, generated by the new Coronavirus pandemic, and the effect materialized in increasing sales, without any marketing effort from the analyzed company.
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spelling doaj.art-9eb9a496f5f04707bf33aead6e63cc562022-12-21T23:51:34ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272393-31272020-01-01XX1682687Effects of the New Coronavirus Pandemic in Romania: Changes in Buying and Consumer BehaviorMariana Jugănaru0“Ovidius” University of ConstantaMarketing theory and practice demonstrate that the success of a business is conditioned by the correct identification and even anticipation of consumer needs and motivations, as basic elements of buying and consumer behavior. Understanding consumer behavior is an ongoing concern, but it is never simple or easy to achieve. Practice shows that companies can face, at certain times, changes in consumer buying behavior, without them having any intervention. These changes can represent opportunities or real threats to their work. This paper contains a theoretical component, which emphasizes the importance of knowing consumer behavior in order to ensure the success of any activity, and a practical component. The case study presented is a recent example of changing consumer behavior, generated by the new Coronavirus pandemic, and the effect materialized in increasing sales, without any marketing effort from the analyzed company.http://stec.univ-ovidius.ro/html/anale/RO/2020/Section%204/19.pdfcoronavirus pandemicbehavior changeeconomic and social effects
spellingShingle Mariana Jugănaru
Effects of the New Coronavirus Pandemic in Romania: Changes in Buying and Consumer Behavior
Ovidius University Annals: Economic Sciences Series
coronavirus pandemic
behavior change
economic and social effects
title Effects of the New Coronavirus Pandemic in Romania: Changes in Buying and Consumer Behavior
title_full Effects of the New Coronavirus Pandemic in Romania: Changes in Buying and Consumer Behavior
title_fullStr Effects of the New Coronavirus Pandemic in Romania: Changes in Buying and Consumer Behavior
title_full_unstemmed Effects of the New Coronavirus Pandemic in Romania: Changes in Buying and Consumer Behavior
title_short Effects of the New Coronavirus Pandemic in Romania: Changes in Buying and Consumer Behavior
title_sort effects of the new coronavirus pandemic in romania changes in buying and consumer behavior
topic coronavirus pandemic
behavior change
economic and social effects
url http://stec.univ-ovidius.ro/html/anale/RO/2020/Section%204/19.pdf
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