Bricks or clicks? Factors influencing shopping behavior of
Generation Z

J 2024

Bricks or clicks? Factors influencing shopping behavior of Generation Z

KUNC, Josef; Markéta NOVOTNÁ; Vlastimil REICHEL; František KRIŽAN; Kristína BILKOVÁ et al.

Základní údaje

Originální název

Bricks or clicks? Factors influencing shopping behavior of Generation Z

Autoři

KUNC, Josef ; Markéta NOVOTNÁ ; Vlastimil REICHEL; František KRIŽAN a Kristína BILKOVÁ

Vydání

Equilibrium-Quarterly Journal of Economics and Economic Policy, Poland, Inst Economic Research-Poland, 2024, 1689-765X

Další údaje

Jazyk

angličtina

Typ výsledku

Článek v odborném periodiku

Obor

50204 Business and management

Stát vydavatele

Polsko

Utajení

není předmětem státního či obchodního tajemství

Odkazy

Odkaz na clanek

Impakt faktor

Impact factor: 6.200

Označené pro přenos do RIV

Ano

Kód RIV

RIV/00216224:14560/24:00136360

Organizační jednotka

Ekonomicko-správní fakulta

Klíčová slova anglicky

generation Z data security; online transactions; retailing; smart technologies; young consumers

Příznaky

Mezinárodní význam, Recenzováno

Změněno: 12. 9. 2024 13:03, Mgr. Alžběta Karolyiová

Anotace

V originále

Research background: Generation Z, a consumer base with significant global impact, strongly relies on smart devices, shaping their unique consumption patterns. As this demographic becomes increasingly influential, understanding their shopping behavior is crucial for effective retail marketing strategies. Purpose of the article: This article aims to evaluate the shopping behavior and habits of Generation Z, particularly focusing on the determinants that influence their choices, with a specific emphasis on the role of smart technology. The objective is to uncover insights that explain the relationship between smart device usage and shopping behavior, offering perspectives for retailers aiming to tailor their strategies to the preferences of this demographic. Methods: A survey conducted during the 2019/2020 season involved 1,756 respondents from the Czech Generation Z. To estimate the relationships between smart device usage and shopping behavior, the linear probability and the logit models were employed. Additionally, descriptive statistics provided a comprehensive overview of respondents’ preferences and habits. Findings & value added: The results indicate that while the average time spent on smartphones does not inherently correlate with an increased preference for online shopping, it does enhance the likelihood of engaging in online transactions. Contrary to expectations, brick-and-mortar stores remain competitive and are slightly more preferred than online shops among the Czech young generation. This preference is attributed to the tangible experience of touching products and immersing in the store's ambiance. Furthermore, a relationship emerges between concerns about data security and a reduced frequency of online shopping, emphasizing the need to address such apprehensions in marketing strategies. Overall, these findings provide insights into the nuanced shopping behaviors of Generation Z, with implications that extend beyond regional boundaries, guiding retailers in adapting and optimizing their approaches to meet the needs of this demographic.

Návaznosti

LX22NPO5101, projekt VaV

Název: Národní institut pro výzkum socioekonomických dopadů nemocí a systémových rizik (Akronym: SYRI)

Investor: Ministerstvo školství, mládeže a tělovýchovy ČR, Národní institut pro výzkum socioekonomických dopadů nemocí a systémových rizik, 5.1 EXCELES

Přiložené soubory

4_Novotna.pdf

Citovat

KUNC, Josef; Markéta NOVOTNÁ; Vlastimil REICHEL; František KRIŽAN a Kristína BILKOVÁ. Bricks or clicks? Factors influencing shopping behavior of Generation Z. Equilibrium-Quarterly Journal of Economics and Economic Policy. Poland: Inst Economic Research-Poland, 2024, roč. 19, č. 2, s. 521-548. ISSN 1689-765X. Dostupné z: https://doi.org/10.24136/eq.2999.

@article{2416138,
   author = {Kunc, Josef and Novotná, Markéta and Reichel, Vlastimil and Križan, František and Bilková, Kristína},
   article_location = {Poland},
   article_number = {2},
   doi = {https://doi.org/10.24136/eq.2999},
   keywords = {generation Z data security; online transactions; retailing; smart technologies; young consumers},
   language = {eng},
   issn = {1689-765X},
   journal = {Equilibrium-Quarterly Journal of Economics and Economic Policy},
   title = {Bricks or clicks? Factors influencing shopping behavior of Generation Z},
   url = {https://journals.economic-research.pl/eq/article/download/2999/2283/8684},
   volume = {19},
   year = {2024}
}

TY  - JOUR
ID  - 2416138
AU  - Kunc, Josef - Novotná, Markéta - Reichel, Vlastimil - Križan, František - Bilková, Kristína
PY  - 2024
TI  - Bricks or clicks? Factors influencing shopping behavior of Generation Z
JF  - Equilibrium-Quarterly Journal of Economics and Economic Policy
VL  - 19
IS  - 2
SP  - 521-548
EP  - 521-548
PB  - Inst Economic Research-Poland
SN  - 1689765X
KW  - generation Z data security
KW  - online transactions
KW  - retailing
KW  - smart technologies
KW  - young consumers
UR  - https://journals.economic-research.pl/eq/article/download/2999/2283/8684
N2  - Research background: Generation Z, a consumer base with significant global impact, strongly relies on smart devices, shaping their unique consumption patterns. As this demographic becomes increasingly influential, understanding their shopping behavior is crucial for effective retail marketing strategies. Purpose of the article: This article aims to evaluate the shopping behavior and habits of Generation Z, particularly focusing on the determinants that influence their choices, with a specific emphasis on the role of smart technology. The objective is to uncover insights that explain the relationship between smart device usage and shopping behavior, offering perspectives for retailers aiming to tailor their strategies to the preferences of this demographic. Methods: A survey conducted during the 2019/2020 season involved 1,756 respondents from the Czech Generation Z. To estimate the relationships between smart device usage and shopping behavior, the linear probability and the logit models were employed. Additionally, descriptive statistics provided a comprehensive overview of respondents’ preferences and habits. Findings & value added: The results indicate that while the average time spent on smartphones does not inherently correlate with an increased preference for online shopping, it does enhance the likelihood of engaging in online transactions. Contrary to expectations, brick-and-mortar stores remain competitive and are slightly more preferred than online shops among the Czech young generation. This preference is attributed to the tangible experience of touching products and immersing in the store's ambiance. Furthermore, a relationship emerges between concerns about data security and a reduced frequency of online shopping, emphasizing the need to address such apprehensions in marketing strategies. Overall, these findings provide insights into the nuanced shopping behaviors of Generation Z, with implications that extend beyond regional boundaries, guiding retailers in adapting and optimizing their approaches to meet the needs of this demographic.
ER  -

KUNC, Josef; Markéta NOVOTNÁ; Vlastimil REICHEL; František KRIŽAN a Kristína BILKOVÁ. Bricks or clicks? Factors influencing shopping behavior of Generation Z. \textit{Equilibrium-Quarterly Journal of Economics and Economic Policy}. Poland: Inst Economic Research-Poland, 2024, roč.~19, č.~2, s.~521-548. ISSN~1689-765X. Dostupné z: https://doi.org/10.24136/eq.2999.

Přehled o publikaci