IMPACTS OF FACTORS ON CUSTOMERS' DECISION TO BUY HYUNDAI CAR IN THE LOCATION OF BIEN HOA CITY
DOI:
https://doi.org/10.61591/jslhu.21.162Keywords:
Quyết định mua; Xe ô tô Hyundai; Mua xe ô tô.Abstract
The aim of this study is to identify and evaluate the factors that influence the decision to buy a Hyundai car among customers in Bien Hoa City. A qualitative study was conducted to review theories and previous studies on consumer behavior and purchasing decisions. The author proposes a research model consisting of 6 factors that influence the decision to buy a Hyundai car: Culture and Social Beliefs, Reference Group, Brand, Needs and Consumer Motivation, Perceptions of Car Features, and Perceptions of Economic Benefits. A quantitative study was conducted using direct interview techniques with 225 customers through a survey questionnaire. The results of the regression analysis show that there are 6 factors that affect the decision to buy a Hyundai car among customers in Bien Hoa, arranged in decreasing order of priority based on the standardized beta coefficient: Brand, Needs and Consumer Motivation, Culture and Social Beliefs, Perceptions of Economic Benefits, Reference Group, and Perceptions of Car Features. Based on the results of the analysis, the study proposes management implications to enhance customers' decision to buy a Hyundai car.
References
Kollat DT, Engel JF, Blackwell RD. Current problems in consumer behavior research. Journal of Marketing Research. 1970 Aug;7(3):327-32.
Howard JA, Sheth JN. The theory of buyer behavior. New York. 1969;63:145.
Nicosia FM, Wind Y. Emerging models of organizational buying processes. Industrial Marketing Management. 1977 Jan 1;6(5):353-69.
Bettman JR. Memory factors in consumer choice: A review. Journal of marketing. 1979 Mar;43(2):37-53.
Kotler P, Armstrong G, Saunders J, Wong V, Miquel S, Bigné E, Cámara D. Introducción al marketing. Pearson Prentice Hall; 2000.
Ferber R. The expanding role of marketing in the 1970s. Journal of Marketing. 1970 Jan;34(1):29-30.
Holbrook MB. Nostalgia and consumption preferences: Some emerging patterns of consumer tastes. Journal of Consumer research. 1993 Sep 1;20(2):245-56.
Tyebjee TT. Japan's joint ventures in the United States. Lexington, MA: Lexington Books; 1988.
Schmitt B. Experiential marketing. Journal of marketing management. 1999 Apr 1;15(1-3):53-67.
Limayem M, Hirt SG. Force of habit and information systems usage: Theory and initial validation. Journal of the Association for information Systems. 2003 Mar 1;4(1):3.
Chang T, Hsiao W. Consumers' automotive purchase decisions: The significance of vehicle-based infotainment systems. African Journal of Business Management. 2011 Jun 4;5(11):4152-63.
Soon WL, Luen WK, Siang JM. Hybrid Vehicle Adoption “A Conceptual Study. Journal of Education and Vocational Research. 2013 Jun 30;4(6):165-8.
Prieto M, Caemmerer B. An exploration of factors influencing car purchasing decisions. International Journal of Retail & Distribution Management. 2013 Sep 2;41(10):738-64.
Bargh JA. Losing consciousness: Automatic influences on consumer judgment, behavior, and motivation. Journal of consumer research. 2002 Sep 1;29(2):280-5.
Paredes GM. Consumer behavior in markets of durable experience goods. Unpublished manuscript, New York University. 2006.
Rani P. Factors influencing consumer behaviour. International journal of current research and academic review. 2014 Sep;2(9):52-61.
Maslow A, Lewis KJ. Maslow's hierarchy of needs. Salenger Incorporated. 1987;14(17):987-90.
Barley SR. Why the internet makes buying a car less loathsome: How technologies change role relations. Academy of Management Discoveries. 2015 Jun;1(1):5-35.
Hair JF. Anderson, RE/Tatham, RL/Black, WC (1998): Multivariate data analysis. PrenticeYHall, Upper saddle river, NJ. 2005.
Peterson RA. A meta-analysis of Cronbach's coefficient alpha. Journal of consumer research. 1994 Sep 1;21(2):381-91.