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consumerism of millennials?
Kojima, Yuji
Ceballos, Miguel
Presentation Outline
Problem
Conceptual Framework
Methodology
Presentation, Analysis and Interpretation of Data
Summary, Conclusion and Recommendations
How does online shopping affect
consumerism of millennials?
Conceptual Framework
Consumerism of
Online Shopping
Millennials
Independent
Dependent
Variable
Variable
Methodology
-Research Design
- Sampling Technique
- Research Intrument
- Data Gathering
Presentation Data
How often do
you shop online?
Presentation Data
What do you
usually buy online?
Presentation Data
Which method do
you spend more?
Presentation Data
What method of
shopping do you
prefer?
Data Analysis
offer to a majority of the population. Majority of the users of online shopping are millennials. The reason
behind this is because millennials are always connected to the internet. Furthermore, they are easily enticed
by almost anything that offers great convenience and great utility for them. Online shopping allows users to
shop and sell at a click of a button. In addition, they offer great variety when it comes to payment compared
to retail. Millennials are so drawn to online shopping because it gives them a sense of blind power. The
ability to control and search things available easily is a deal breaker. However, with compared to retail
shopping, online shopping leads to more impulse purchases. It is that blind power that also assists in
manipulating the consumerism of millennials. The ability to put to cart what is pleasing so easily not even
giving the customers time to think properly. Furthermore, the marketing strategies of companies who sell
the whole industry of online shopping is too enticing, especially for millennials. The
constant flux of wants for a millennial great enough that online shopping could easily
abuse it. With the great variety of product lines, great modes of payments, and constant
advertisements and deals online shopping offers, it is without a doubt the consumer
behavior of its users are affected. The amount of impulse purchases done through online
shopping is greater than that of retail because of the numerous factors only present in
online shopping.
Recommendations
Having concluded that online shopping does affect consumerism. It would be best to
look more into it and understand how the market works. It is imperative that this
issue be addressed, simply because this could lead to a greater issue. Online
shopping does have its pros and cons, and because of this we should be more aware
of this industry. This industry could turn its users into shopaholics and could make
the rich richer and the poor poorer. In the event that the research be expanded, we
fully grasp the effects of online shopping to consumerism as a whole, and not just of
a generation.