PROFILES AND PREFERENCES OF ON-LINE MILLENIAL SHOPPERS IN BULGARIA

This research seeks to develop a better understanding of the factors affecting on-line purchasing behavior among Generation Y (Gen Y) consumers in Bulgaria. Also called millenials and born between the mid-1970s and late 1990s, this generation is especially active online and will be a dominant influ...

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Main Authors: Patricia R. Loubeau, Robert Jantzen, Elitsa Alexander
Format: Article
Language:English
Published: Faculty of Economics, University of Tuzla 2014-05-01
Series:Economic Review
Subjects:
Online Access:https://www.er.ef.untz.ba/index.php/er/article/view/150
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author Patricia R. Loubeau
Robert Jantzen
Elitsa Alexander
author_facet Patricia R. Loubeau
Robert Jantzen
Elitsa Alexander
author_sort Patricia R. Loubeau
collection DOAJ
description This research seeks to develop a better understanding of the factors affecting on-line purchasing behavior among Generation Y (Gen Y) consumers in Bulgaria. Also called millenials and born between the mid-1970s and late 1990s, this generation is especially active online and will be a dominant influence shaping e-commerce. An empirical study was conducted based on a written survey of a sample consisting of 367 high school and university students in Bulgaria. The most important reason why Bulgarian young people shop online is the pursuit of unique products not locally available, followed by convenience and better pricing, and their favorite category of internet purchases is “Apparel and Accessories.” Bulgarian millennials are using the internet to shop for trendy fashion and to obtain a variety of brands that are unavailable locally. Like other regions of the world, concern about financial transactions security is a major barrier limiting the willingness to shop on-line in Bulgaria. Unlike other markets where online music purchases are growing, high levels of digital piracy in Bulgaria strongly discourage Bulgarian students from purchasing music online. One limitation of this study arises because of its reliance on a convenience sample of students from medium sized cities in Southern Bulgaria. Further research employing stratified random sampling across Bulgaria is needed to assess whether the findings are broadly generalizable for the Gen Y population.
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spelling doaj-art-606539f9e87b4908974b39ce849af59c2025-02-11T00:33:17ZengFaculty of Economics, University of TuzlaEconomic Review1512-89622303-680X2014-05-01121PROFILES AND PREFERENCES OF ON-LINE MILLENIAL SHOPPERS IN BULGARIAPatricia R. Loubeau0Robert Jantzen1Elitsa Alexander2Hagan School of Business, Iona College, USADepartment of Economics, Iona CollegeInstitute for Media and Communications Management, University of St. Gallen This research seeks to develop a better understanding of the factors affecting on-line purchasing behavior among Generation Y (Gen Y) consumers in Bulgaria. Also called millenials and born between the mid-1970s and late 1990s, this generation is especially active online and will be a dominant influence shaping e-commerce. An empirical study was conducted based on a written survey of a sample consisting of 367 high school and university students in Bulgaria. The most important reason why Bulgarian young people shop online is the pursuit of unique products not locally available, followed by convenience and better pricing, and their favorite category of internet purchases is “Apparel and Accessories.” Bulgarian millennials are using the internet to shop for trendy fashion and to obtain a variety of brands that are unavailable locally. Like other regions of the world, concern about financial transactions security is a major barrier limiting the willingness to shop on-line in Bulgaria. Unlike other markets where online music purchases are growing, high levels of digital piracy in Bulgaria strongly discourage Bulgarian students from purchasing music online. One limitation of this study arises because of its reliance on a convenience sample of students from medium sized cities in Southern Bulgaria. Further research employing stratified random sampling across Bulgaria is needed to assess whether the findings are broadly generalizable for the Gen Y population. https://www.er.ef.untz.ba/index.php/er/article/view/150on-line shoppingGeneration Yconsumer behaviorEastern Europe
spellingShingle Patricia R. Loubeau
Robert Jantzen
Elitsa Alexander
PROFILES AND PREFERENCES OF ON-LINE MILLENIAL SHOPPERS IN BULGARIA
Economic Review
on-line shopping
Generation Y
consumer behavior
Eastern Europe
title PROFILES AND PREFERENCES OF ON-LINE MILLENIAL SHOPPERS IN BULGARIA
title_full PROFILES AND PREFERENCES OF ON-LINE MILLENIAL SHOPPERS IN BULGARIA
title_fullStr PROFILES AND PREFERENCES OF ON-LINE MILLENIAL SHOPPERS IN BULGARIA
title_full_unstemmed PROFILES AND PREFERENCES OF ON-LINE MILLENIAL SHOPPERS IN BULGARIA
title_short PROFILES AND PREFERENCES OF ON-LINE MILLENIAL SHOPPERS IN BULGARIA
title_sort profiles and preferences of on line millenial shoppers in bulgaria
topic on-line shopping
Generation Y
consumer behavior
Eastern Europe
url https://www.er.ef.untz.ba/index.php/er/article/view/150
work_keys_str_mv AT patriciarloubeau profilesandpreferencesofonlinemillenialshoppersinbulgaria
AT robertjantzen profilesandpreferencesofonlinemillenialshoppersinbulgaria
AT elitsaalexander profilesandpreferencesofonlinemillenialshoppersinbulgaria