Impulse Buying Behaviour of Generation Y in Fashion Retail

Nasreen Khan, Lai Hui Hui, Tan Booi Chen and Hong Yong Hoe

International Journal of Business and Management, 2015, vol. 11, issue 1, 144

Abstract: Since the past two decades, Generation Y consumers have become global marketers’ interest due to their spending power and high likely to engage in impulse buying behaviour. Very little research investigates the impulse buying behaviour of Generation Y and existing research do not look into the possible factors of impulse buying behaviour as an integrative approach. The main objective of the research is to integrate all the possible factors with its dimensions and examine its simultaneous relationship with impulse buying behaviour. A survey questionnaire was administered to convenient sample of 250 Generation Y consumers of fashion apparel. The results show that demographic factor (gender) has the strongest impact on impulse buying behaviour, followed by situational and personal factors. Interesting finding is that demographic factor (income); situational factor (social influence) and personal factor (extraversion) do not stimulate impulse buying behaviour of Generation Y. These findings may enable global marketers to develop an effective market segmentation strategy.

Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ibn:ijbmjn:v:11:y:2015:i:1:p:144

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