Qualitative model of consumer behavior in the of durable goods market (household goods) based on value theory

Subject Areas : Financial Economics

Bahman Naghdi ¹ , Abdollah Naami ² , Naser Azad ³ , Mohammad Nasrollahniya ⁴

1 - Department Faculty Managemaent. University Tehran Barench.Iran
2 - Department of Business Management, South Tehran Branch, Islamic Azad University, Tehran, Iran.
3 - Department of Business Management, South Tehran Branch, Islamic Azad University, Tehran, Iran
4 - Assistant Professor, Department of Business Management, Islamic Azad University, South Tehran Branch, Tehran, Ira

Received: 2023-10-03 Accepted : 2023-12-05 Published : 2023-12-22

Keywords: Durable goods, Key words: Consumer Behavior, Value theory. jel classification: D1, D12, D18,

Abstract :

Abstract The present research aimed at designing an indigenous model of durable goods’ consumer behavior based on the value theory in a closed economy (under sanctions) using the grounded theory approach. In this regard, in-depth and semi-structured interviews along with targeted and snowball sampling method were employed. The research statistical population included marketing professors and experts as well as household appliances practitioners. Data analysis was undertaken using open, axial and selective coding method. In this way, a paradigm model including 10 main categories, 22 sub-categories, and 116 concepts was designed. Based on the model, shopping values were introduced as consumer behavior’s causal factors, cultural and social values along with personal (internal) and external factors were introduced as antecedents. The characteristics of the consumer market were also enumerated as intervening factors with some effects on Iranian consumers’ behavior. Improvement strategies were considered as ways which result in consumer decapitation phenomenon and consumer loyalty. The present research results can help producers and policy makers to understand Iranian consumer's behavior towards Iran-made durable goods, especially in household appliance industry, and to develop appropriate strategies for managing the market regarding sanctions and import prohibitions.

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