Open Journal of Business and Management

Volume 8, Issue 6 (November 2020)

ISSN Print: 2329-3284   ISSN Online: 2329-3292

Google-based Impact Factor: 1.13  Citations  

Albanian Consumer Perception of Domestically Produced Goods: The Impact of Country of Origin and Consumer Ethnocentrism

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DOI: 10.4236/ojbm.2020.86158    605 Downloads   2,067 Views  Citations
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ABSTRACT

Nowadays, the rapid development of technology has revolutionized global business. These changes in computer and communication technologies have made it possible for businesses to directly reach customers anywhere in the world. Therefore, economies of many countries are based on international trade. The traditional way of dealing with costumers, markets and workplaces is not enough for today’s institutions and business organizations to succeed in this century. The purpose of this research is testing the effect of country of origin (COO) on Albanian consumers purchasing preferences and to measure consumer ethnocentrism in Albanian market. This study tried to investigate the influence of COO and consumer ethnocentrism in a multi-dimensional context, taking the consideration for the effect of different factors such as price, brand cues and costumer experience in purchase decision of good in Albanian market. The hypotheses are examined with data assembled from 278 Albanian consumers. There were four product preferences attributes in survey questionnaire: product origin, brands, consumer experience and price. As result of study, the effect of ethnocentrism was found as important factor that affects Albanian consumer’s product evaluations and their purchase intentions. In addition, in Albanian marketplace, country of origin has great impact regarding the evaluations of foreign goods.

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Brucaj, S. (2020) Albanian Consumer Perception of Domestically Produced Goods: The Impact of Country of Origin and Consumer Ethnocentrism. Open Journal of Business and Management, 8, 2545-2558. doi: 10.4236/ojbm.2020.86158.

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