The Determinants of Purchasing Private Label Products

Determinante kupovine trgovinske marke

Biljana Rabasović,

Ivana Marković,

Mlađen Vićentić

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Issue:

51/4

DOI number:

UDK 339:658.626

JEL classification:

M31, L81, D12, M39

Abstract

A private label is developed by a retailer with the aim to achieve the largest possible market share, to suppress manufacturer‘s brands, to increase the margin and to gain consumer loyalty. The subject of this paper is to analyze the determinants of purchasing private label products. The aim of this paper is to examine whether the economic situation perception, price sensitivity, quality perception and the sense of „smart shopping“ have an impact on the purchase of a private label products. Data were collected by personal interview method, via online survey 260 respondents were examined, and hypotheses were tested by regression analysis. The obtained results indicate that the price sensitivity and the smart shopping feeling have a positive statistical impact on the private label purchase, while in the case of the two remaining observed variables: perception of economic situation and quality, this impact is not statistically significant. The study is original while it identifies which determinants shape consumer behavior when it comes to buying a private label. As such, it can be useful for retailers to successfully develop and manage their own branded products.

Apstrakt

Trgovinsku marku razvija maloprodavac sa ciljem da ostvari što veći udeo na tržištu, potisne marke proizvođača, poveća maržu i zadobije lojalnost potrošača. Predmet rada je razmatranje determinanti kupovine proizvoda sa trgovinskom markom. Cilj rada je da se ispita da li ekonomska situacija, osetljivost na cene, percepcija kvaliteta i osećaj „pametne kupovine“ imaju uticaj na kupovinu trgovinske marke. Podaci su prikupljeni metodom ispitivanja, uz pomoć online ankete ispitano je 260 ispitanika, a hipoteze su testirane regresionom analizom. Dobijeni rezultati ukazuju da osetljivost na cene i osećaj pametne kupovine imaju statistički značajan uticaj na kupovinu trgovinske marke, dok kod preostale dve posmatrane varijable: percepcija ekonomske situacije i kvalitet, taj uticaj nije na statistički značajnom nivou. Studija je originalna po tome što identifikuje koje determinante oblikuju potrošačko ponašanje kada je u pitanju kupovina trgovinske marke. Kao takva, može biti korisna maloprodavcima da uspešno razvijaju i upravljaju proizvodima sa sopstvenom markom.

References