D 2019

The Ratio of Sense and Sensibility in Decision Buying Process of Millennials in Czech Republic

BRACINÍKOVÁ, Veronika and Kateřina MATUŠÍNSKÁ

Basic information

Original name

The Ratio of Sense and Sensibility in Decision Buying Process of Millennials in Czech Republic

Authors

BRACINÍKOVÁ, Veronika (703 Slovakia, belonging to the institution) and Kateřina MATUŠÍNSKÁ (203 Czech Republic, guarantor, belonging to the institution)

Edition

Karviná, 2nd International conference on Decision making for Small and Medium-Sized Enterprises, p. 42-51, 10 pp. 2019

Publisher

SU Opava, OPF Karviná

Other information

Language

English

Type of outcome

Stať ve sborníku

Field of Study

50204 Business and management

Country of publisher

Czech Republic

Confidentiality degree

není předmětem státního či obchodního tajemství

Publication form

electronic version available online

RIV identification code

RIV/47813059:19520/19:A0000030

Organization unit

School of Business Administration in Karvina

ISBN

978-80-7510-339-0

UT WoS

000519107000006

Keywords in English

Millennials; generation; sense; sensibility;brand

Tags

Reviewed
Změněno: 7/5/2020 12:28, Miroslava Snopková

Abstract

V originále

The generations, located on the market, dispose of many characteristics, by which they are distinguished from the others. These characteristics or the different perceptions of concerns are the consequence of the era and environment, in which they were growing up. There are many opinions of the authors about every generation, but Millennials protrude a bit. This generation is specific because of its thinking of the brands. The members of this generation tend to be loyal customers in the case when the company fulfils their wishes. From this point of view there is need to find out if the Millennials are oriented more to the functions or the emotional aspects of the brands. According to these findings the companies can choose the right way of communication with this target group. Questionnaire as the primary research technique was used to investigate if the Millennials are more influenced by the sense or sensibility in the decision buying process. The influence of these aspects on motivation for purchasing distinguishes according to different demographic factors.