{"title":"菲律宾第12区购物市场基础设施千禧一代工人的细分与分析","authors":"Rean May C. Galang","doi":"10.5430/ijba.v13n6p1","DOIUrl":null,"url":null,"abstract":"Millennials are branded as the most powerful consumer segment. They can even spend their entire income to purchase goods or experiences. This changed when COVID-19 hammered the world. The enthusiastic shoppers became indifferent due to uncertainties. As consumers, including the most powerful consumer segment stopped behaving the way they used to, industries around the world continue to struggle, most especially non-essential retail sectors. This study aimed to provide retailers of shopping goods information about Millennials, their spending practices, the values they have, their attitude towards pandemic protocols, and their current lifestyle. Furthermore, as this group is highly heterogeneous, this study also provided retailers newly formed segments because of COVID-19. This study is a descriptive-correlational study. The data were gathered using a hybrid survey questionnaire distributed to infrastructure Millennial workers in Region 12. The main statistical tool used was hierarchical cluster analysis. The study concluded that there are three segments: The Balanced Workers, The Independent and Efficient Workers, and The Confident Workers. These segments have different characteristics in terms of spending, values, attitude, and lifestyles. It is recommended that shopping good retailers and marketing practitioners should adjust their marketing plans and strategies to address such changes in the buying behavior.","PeriodicalId":37182,"journal":{"name":"International Journal of Economics and Business Administration","volume":"33 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2022-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Segmentation and Profiling of Infrastructure Millennial Workers in Shopping Goods Market in Region 12, Philippines\",\"authors\":\"Rean May C. Galang\",\"doi\":\"10.5430/ijba.v13n6p1\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Millennials are branded as the most powerful consumer segment. They can even spend their entire income to purchase goods or experiences. This changed when COVID-19 hammered the world. The enthusiastic shoppers became indifferent due to uncertainties. As consumers, including the most powerful consumer segment stopped behaving the way they used to, industries around the world continue to struggle, most especially non-essential retail sectors. This study aimed to provide retailers of shopping goods information about Millennials, their spending practices, the values they have, their attitude towards pandemic protocols, and their current lifestyle. Furthermore, as this group is highly heterogeneous, this study also provided retailers newly formed segments because of COVID-19. This study is a descriptive-correlational study. The data were gathered using a hybrid survey questionnaire distributed to infrastructure Millennial workers in Region 12. The main statistical tool used was hierarchical cluster analysis. The study concluded that there are three segments: The Balanced Workers, The Independent and Efficient Workers, and The Confident Workers. These segments have different characteristics in terms of spending, values, attitude, and lifestyles. It is recommended that shopping good retailers and marketing practitioners should adjust their marketing plans and strategies to address such changes in the buying behavior.\",\"PeriodicalId\":37182,\"journal\":{\"name\":\"International Journal of Economics and Business Administration\",\"volume\":\"33 1\",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2022-11-21\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"International Journal of Economics and Business Administration\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.5430/ijba.v13n6p1\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Economics and Business Administration","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.5430/ijba.v13n6p1","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Segmentation and Profiling of Infrastructure Millennial Workers in Shopping Goods Market in Region 12, Philippines
Millennials are branded as the most powerful consumer segment. They can even spend their entire income to purchase goods or experiences. This changed when COVID-19 hammered the world. The enthusiastic shoppers became indifferent due to uncertainties. As consumers, including the most powerful consumer segment stopped behaving the way they used to, industries around the world continue to struggle, most especially non-essential retail sectors. This study aimed to provide retailers of shopping goods information about Millennials, their spending practices, the values they have, their attitude towards pandemic protocols, and their current lifestyle. Furthermore, as this group is highly heterogeneous, this study also provided retailers newly formed segments because of COVID-19. This study is a descriptive-correlational study. The data were gathered using a hybrid survey questionnaire distributed to infrastructure Millennial workers in Region 12. The main statistical tool used was hierarchical cluster analysis. The study concluded that there are three segments: The Balanced Workers, The Independent and Efficient Workers, and The Confident Workers. These segments have different characteristics in terms of spending, values, attitude, and lifestyles. It is recommended that shopping good retailers and marketing practitioners should adjust their marketing plans and strategies to address such changes in the buying behavior.