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http://dx.doi.org/10.11627/jkise.2019.42.3.157

Study of Importance Awareness of Domestic Car Consumer's Product Selection Criteria  

Lee, Taewon (Hanyang University Business School)
Publication Information
Journal of Korean Society of Industrial and Systems Engineering / v.42, no.3, 2019 , pp. 157-166 More about this Journal
Abstract
The study had subject to find out what factors Korean automobile consumer is considering in their decision to purchase cars in the situation of the growing competition in the domestic automobile market. In order to this end, the previous study was reviewed to select various factors considered in the process of buying cars. Based on this, Analytic Hierarchy Process was used to prioritize which factors were considered more important by consumers. In the result of study, we could find that performance had the highest priority, and the second ranking was the price. In contrast, image of brand and convenience of maintenance were shown to be relatively low in importance, ranking $3^{rd}$ and $4^{th}$, respectively. Beside, we could recognized the ranking of other detailed factors. This study has an academic implication in that it is able to grasp the latest tendency of consumers' purchase choice of car and to make conclusion by applying AHP analysis method to study of related subject. It also have practical significance that can be a basis for make sense what factors should be taken by the automobile industry to uprise the purchase of the consumers through the identification and preparation of the purchase selection criteria of domestic automobile buyers.
Keywords
Automobile Industry; Purchase Choice; Consumer's Recognition; AHP;
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