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http://dx.doi.org/10.13106/jafeb.2021.vol8.no1.443

Factors Influencing Youngsters' Consumption Behavior on High-End Cosmetics in China  

GILITWALA, Bhumiphat (MBA Special Track, Graduate School of Business (GSB), Assumption University)
NAG, Amit Kumar (Department of Commerce, The Bhopal School of Social Sciences (BSSS))
Publication Information
The Journal of Asian Finance, Economics and Business / v.8, no.1, 2021 , pp. 443-450 More about this Journal
Abstract
The paper investigates the factors that affect the decision of young Chinese consumers to buy high-end cosmetics. The study is based on the responses obtained by questionnaires from 400 respondents in Guangzhou, China. The information was collected and classified on the basis of gender, occupation, age and education in order to understand the main characteristics of the sample in a better way. The purposive, convenient and quota sampling techniques of non-probability sampling method were used. Besides this, the predictive test was carried out with 30 respondents to ensure the reliability and validity of the questionnaires. The data was put to descriptive statistical analysis and multiple regression analysis in order to verify the hypotheses. The data revealed that, while brand awareness does not affect the consumer attitude about the high-end cosmetics, other factors like product involvement, perceived quality, subjective norm, and word-of-mouth have significant effect on consumer's attitude and consumers' intention about high-end cosmetics. The findings of the study show that subjective norm, perceived value, word-of-mouth, and consumer attitude of cosmetic products highly affect consumers purchase intention of high-end cosmetic products. The research paper helps to form concrete and effective marketing strategy based on various aspects of consumer behavior for high-end cosmetics in China.
Keywords
Consumers' Attitude; Purchase Intention; Brand Awareness; Consumers Involvement; Perceived Quality; Subjective Norm; Perceived Value; Word-of-Mouth;
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