1. Changes in Consumer Behavior Of Gen Y’ers in Covid-19 Pandemic
- Author:
- Cemal Aksoy and Ahu Ergen
- Publication Date:
- 12-2020
- Content Type:
- Journal Article
- Journal:
- AURUM Journal of Social Sciences
- Institution:
- Altinbas University
- Abstract:
- The economic challenges in different countries from past to present have global effects affecting the whole consumers. Today, especially young consumers are at the centre of the economy and understanding their consumer behaviour deeply in especially economically challenging days such as this pandemic of COVID-19 enables companies to make the right decisions. In this study, the effects of the economic challenges and the changes in the consumer behaviour of Generation Y’ers in the COVID-19 pandemic are examined both theoretically and practically. This study was conducted with 12 consumers from Generation Y living in Istanbul. The analysis shows that they prefer cheap and discounted products. They are more careful about spending money and they avoid extravagance. The results show that consumers are negatively affected by the economic consequences of COVID-19.
- Topic:
- Economics, Interview, COVID-19, Generation Y, and Consumer Behavior
- Political Geography:
- Turkey, Middle East, and Mediterranean