Exploring utilitarian and hedonic aspects of consumption at the Bottom of Pyramid

The number of researches about the Bottom of Pyramid has increased over the last decades; however, a discussion about its consumer habits is still necessary. Thus, this paper aims to investigate the behavior of consumers in informal markets, inherent to this segment. Specifically, this study explore...

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Detalhes bibliográficos
Autores: Gerhard, Felipe, Souza, Lucas Lopes Ferreira de, Peñaloza, Verónica, Denegri, Marianela
Formato: artículo
Estado:Versión publicada
Fecha de publicación:2017
País:Brasil
Recursos:Universidade Nove de Julho (UNINOVE)
Repositorio:REMark - Revista Brasileira de Marketing
Idioma:portugués
inglés
OAI Identifier:oai:https://periodicos.uninove.br:article/14224
Acesso em linha:https://periodicos.uninove.br/remark/article/view/14224
Access Level:acceso abierto
Palavra-chave:Trade Fairs; Low-Income Consumption; Hedonic Consumption; Utilitarian Consumption.
Descrição
Resumo:The number of researches about the Bottom of Pyramid has increased over the last decades; however, a discussion about its consumer habits is still necessary. Thus, this paper aims to investigate the behavior of consumers in informal markets, inherent to this segment. Specifically, this study explores the meanings attributed by consumers to attend a trade fair, through the lenses of hedonic and utilitarian buying values. Through the triangulation of two research methods, Birds Fair and its consumers (Brazil) were analyzed. The results highlight the fact that the Fair is constituted by the syncretism of non-homogenous groups of consumers, who have different reasons to visit it. Along with the central economic-utilitarian concept of low-prices, a hedonic-festive element arises as an essential attribute of the consumers behavior. In this sense, individuals make their purchases guided by a need for usefulness, but there is also pleasure in the activity of shopping itself.