{"title":"Impact of brand name and pricing on Kazakhstan Gen Z consumer behavior","authors":"Rajasekhara Mouly Potluri, Zhanaidar Zulpaidar, Sultanamir Kurmangazin","doi":"10.21511/im.20(3).2024.06","DOIUrl":null,"url":null,"abstract":"The objective of the research is to examine the impact of brand name and pricing on Kazakhstan Gen Z consumers’ buying behavior, spending patterns, and other buying motives. Adopting a quantitative approach, the study administers a structured questionnaire following a comprehensive analysis of the relevant literature and gleaned responses from 300 Generation Z consumers after checking the reliability and validity of the instrument using Cronbach’s alpha. The selected hypotheses were tested using the Karl Pearson coefficient of correlation, which revealed that brand name significantly impacts Kazakh women, and price greatly influences both genders. The results observed that price has the most significant effect on the buying behavior of female and male Gen Z consumers in Kazakhstan, with 25 and 28 percent, respectively. Brand name and authenticity considerably influence female consumers, with 16 and 15 percent, whereas innovation, technology, and customization, with 20 and 14 percent, influence male consumers. The significant influence of branding and pricing on the buying behavior of Kazakhstan Gen Z customers is displayed, and the findings provide a focal context for developing marketing plans in this first-of-its-kind research article.","PeriodicalId":37060,"journal":{"name":"Innovative Marketing","volume":null,"pages":null},"PeriodicalIF":1.2000,"publicationDate":"2024-07-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Innovative Marketing","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.21511/im.20(3).2024.06","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 0
Abstract
The objective of the research is to examine the impact of brand name and pricing on Kazakhstan Gen Z consumers’ buying behavior, spending patterns, and other buying motives. Adopting a quantitative approach, the study administers a structured questionnaire following a comprehensive analysis of the relevant literature and gleaned responses from 300 Generation Z consumers after checking the reliability and validity of the instrument using Cronbach’s alpha. The selected hypotheses were tested using the Karl Pearson coefficient of correlation, which revealed that brand name significantly impacts Kazakh women, and price greatly influences both genders. The results observed that price has the most significant effect on the buying behavior of female and male Gen Z consumers in Kazakhstan, with 25 and 28 percent, respectively. Brand name and authenticity considerably influence female consumers, with 16 and 15 percent, whereas innovation, technology, and customization, with 20 and 14 percent, influence male consumers. The significant influence of branding and pricing on the buying behavior of Kazakhstan Gen Z customers is displayed, and the findings provide a focal context for developing marketing plans in this first-of-its-kind research article.
本研究旨在探讨品牌名称和定价对哈萨克斯坦 Z 世代消费者购买行为、消费模式和其他购买动机的影响。研究采用定量方法,在对相关文献进行综合分析后,发放了一份结构化问卷,并在使用克朗巴赫α检验了问卷的可靠性和有效性后,收集了 300 名 Z 世代消费者的回复。利用卡尔-皮尔逊相关系数对所选假设进行了检验,结果表明,品牌名称对哈萨克妇女的影响很大,而价格对男女两性的影响都很大。结果显示,价格对哈萨克斯坦女性和男性 Z 世代消费者的购买行为影响最大,分别为 25%和 28%。品牌名称和真实性对女性消费者的影响较大,分别占 16%和 15%,而创新、技术和定制对男性消费者的影响分别占 20%和 14%。本文显示了品牌和定价对哈萨克斯坦 Z 世代消费者购买行为的重大影响,其研究结果为制定营销计划提供了重点背景。