2020
DOI: 10.21272/mmi.2020.1-16
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Consumer Behaviour of Seniors on the Cow’s Milk Market in Slovakia: Silver Persuading Techniques

Abstract: Seniors are usually perceived as an unattractive segment, mostly due to their limited spending power. In Slovakia, the number of seniors has continuously been increasing. The population has been growing older. In Europe, more than a quarter of the population is expected to be aged 65 years or older by 2050. That is the main reason why we have to understand the consumer behaviour and decision-making processes of senior consumers. The presented paper deals with the consumer behaviour of seniors on the Slovak mar… Show more

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Cited by 4 publications
(3 citation statements)
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“…The milk market is characterized by seasonal fluctuations in the purchase volume in particular months (Olszańska and Dittrichová, 2016). Krivosikova et al (2020) support the idea that the changing consumption patterns in milk market determine enterprises part of the global value chain to consider consumer preferences in order to meet the market demands efficiently and rapidly. Enterprises active in the milk market are competitive and give thoughts to many KPIs when elaborating strategies: production, marketing, financing etc.…”
Section: Literature Reviewmentioning
confidence: 90%
“…The milk market is characterized by seasonal fluctuations in the purchase volume in particular months (Olszańska and Dittrichová, 2016). Krivosikova et al (2020) support the idea that the changing consumption patterns in milk market determine enterprises part of the global value chain to consider consumer preferences in order to meet the market demands efficiently and rapidly. Enterprises active in the milk market are competitive and give thoughts to many KPIs when elaborating strategies: production, marketing, financing etc.…”
Section: Literature Reviewmentioning
confidence: 90%
“…The nowadays market environment is principally characterized by the globalization, development of the market environment, intensifying competition, increasing concentration and internationalization, as well as increasing pressure on market players. The quality of managers in a network of companies with foreign capital participation, their ability to adapt to different cultures and environments, as well as their ability to properly address their subordinates come to the forefront [19,20,[99][100][101][102][103][104][105][106][107][108][109][110].…”
Section: Methodsmentioning
confidence: 99%
“…For both academicians and practitioners, the elderly/ageing market is still in the initial stage of more comprehensive knowledge. In recent years, the number of studies on the elderly and their consumption behaviour from various perspective and different sectors has been steadily increasing worldwide (Angell, et al 2012;Moschis 2012;Steffen et al 2012;Köroglu 2014;Roy 2017;Tańska et al 2017;Bae et al 2018;Ford et al 2019;Fregolente et al 2019;Jimon et al 2019;Kim and Jin 2019;Krivosikova et al 2020;Moschis et al 2020). Elderly consumers present unique characteristics caused by physical and psychological ageing what can result in changes in their desires and demands (Kohlbacher and Herstatt 2011).…”
Section: Consumer Behaviour Patternsmentioning
confidence: 99%