Session
Management, Business and Economics
Description
This article deals with the observed changes in consumer spending in a region of Albania following the fall in market sales prices. The paper focuses on the statistical study of a local consumer system. In the meantime, we are striving for greater recognition. Respectively in a more generalized and mathematical perspective, the generalized customer or consumer is the user and consumer as the behavioral agent. The purpose of the paper is to identify the best or most appropriate model for the behavioral profile according to the profile determined by the inductive analysis of the variables themselves. For this reason, part of the purpose of the paper is to construct the behavioral profile ie what are the most characteristic variables and the factor group profile. In the region where the study was conducted, it has been found that the price reductions drive costs, which in turn shows that the consumer behaves as a minimalist buyer, in response to high prices rather than budgetary constraints.
This supports the view that consumers in this region are primarily rational consumersç It was then found that the most pronounced effect relates to average consumer spending suggesting marketing activity referring to this category of consumers.
Keywords:
Probitmodel, Behavioralmodels, Factoranalysis.
Session Chair
Ylber Limani
Session Co-Chair
Nehat Dobratiqi
Proceedings Editor
Edmond Hajrizi
ISBN
978-9951-550-19-2
First Page
144
Last Page
153
Location
Pristina, Kosovo
Start Date
26-10-2019 3:15 PM
End Date
26-10-2019 3:30 PM
DOI
10.33107/ubt-ic.2019.356
Recommended Citation
Kushta, Elmira and Memaj, Fatmir, "Cost analysis on Cost of Consumers in Terms of Small markets. (Case study, Vlora)" (2019). UBT International Conference. 356.
https://knowledgecenter.ubt-uni.net/conference/2019/events/356
Included in
Cost analysis on Cost of Consumers in Terms of Small markets. (Case study, Vlora)
Pristina, Kosovo
This article deals with the observed changes in consumer spending in a region of Albania following the fall in market sales prices. The paper focuses on the statistical study of a local consumer system. In the meantime, we are striving for greater recognition. Respectively in a more generalized and mathematical perspective, the generalized customer or consumer is the user and consumer as the behavioral agent. The purpose of the paper is to identify the best or most appropriate model for the behavioral profile according to the profile determined by the inductive analysis of the variables themselves. For this reason, part of the purpose of the paper is to construct the behavioral profile ie what are the most characteristic variables and the factor group profile. In the region where the study was conducted, it has been found that the price reductions drive costs, which in turn shows that the consumer behaves as a minimalist buyer, in response to high prices rather than budgetary constraints.
This supports the view that consumers in this region are primarily rational consumersç It was then found that the most pronounced effect relates to average consumer spending suggesting marketing activity referring to this category of consumers.