A study on the differences in buying behaviour between teenagers and their parents.

We are interested in understanding the way teenagers acquire skills, knowledge and attitudes relevant to their functioning as consumers. There are two aspects to consumer socialisation : • First, we are interested in establishing who are the main external sources of influences. These external sou...

Full description

Saved in:
Bibliographic Details
Main Authors: Koh, Kelvin Leong Poh., Then, Linda Ai Ling., Ng, Veronica Lay Wah.
Other Authors: Tan Kai Guan, Clement
Format: Final Year Project
Language:English
Published: 2013
Subjects:
Online Access:http://hdl.handle.net/10356/51226
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Nanyang Technological University
Language: English
Description
Summary:We are interested in understanding the way teenagers acquire skills, knowledge and attitudes relevant to their functioning as consumers. There are two aspects to consumer socialisation : • First, we are interested in establishing who are the main external sources of influences. These external sources of influences help reduce consumers feeling of uncertainty when they purchase a product for the first time or make a purchase that could have major consequences. External search often begins with an intimate primary groups such as family members or close friends. The secondary groups often consulted are colleagues, neighbours, and/or sales persons. • Secondly, we would look at the teenagers’ development as consumers. We had found at what age and for what product categories are they most capable of making purchase decisions. Furthermore, we have looked at the intergenerational influences that occured when teenagers and their parents made purchase decisions. All these findings are then related to the marketing system in the Singapore context.