ISSN: 0186-1042 ISSN-e: 2448-8410
Factors of retro product purchase and segmentation of potential retro market
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Keywords

retro product
reasons to purchase
factor analysis
market segmentation

How to Cite

Buitrago Vera, J. M., Clemente Ricolfe, J. S., & Emper, E. S. (2013). Factors of retro product purchase and segmentation of potential retro market. Accounting & Management, 58(1). https://doi.org/10.1016/S0186-1042(13)71204-X

Abstract

This paper aims to analyze the behavior of potential retro products buyers. A bibliographical review has allowed defining the motives to buy this type of products. However, it should be emphasized that there is scarcely any quantitative information on the reasons to purchase and the segmentation of the potential retro product market. Using the data collected by means of a survey, a factor analysis and a cluster analysis have been performed. As a result, there are three factors of retro product purchase: characteristics of product, present differentiation feelings and past feelings. Furthermore, the existence of two differentiated segments has been detected: emotive consumer and commercial consumer
https://doi.org/10.1016/S0186-1042(13)71204-X
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