Research of Female Consumer Behavior in Cosmetics Market Case Study of Female Consumers in Hsinchu Area Taiwan. Research of Female Consumer Behavior in Cosmetics Market Case Study of Female Consumers in Hsinchu Area Taiwan.

Research of Female Consumer Behavior in Cosmetics Market Case Study of Female Consumers in Hsinchu Area Taiwan‪.‬

iBusiness 2010, Dec, 2, 4

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Publisher Description

1. Introduction The rapidly changing social situation in the latter part of the 20th century, such as revolutionary movement for women's equal rights, significantly affects the women consumer behaviors as well as improves their social status. The female consumers hold a different view about applying cosmetics ever since, in other words, they consider wearing cosmetics not only for enhancing self-confidence but also is a form to express social politeness. According to the data provided by Industrial Technology Research Institute, as much as US$ 0.1548 billion is worth the global cosmetics market in 2001, and the sum is expected to soar to US$0.1817 billion in 2008 (i.e., NT$ 6.3595 billion) [1]. As indicated in the World Market for Cosmetics and Toiletries, a comprehensive analysis of the cosmetics and toiletries market offered by Euro monitor International in June 2007, covering 52 countries of global 95% GDP, and the global market size is expected to reach US$ 0.23 billion in 2009, while Asia would become the largest cosmetics market in the whole world from 2011 to 2013. In the meantime, the lifestyle and taste for fashion of women consumers will turn to far more diversified along with the constant market expansion. Lifestyle is definitely an important factor for studying consumer behavior; according to the lifestyle concept presented by Lazer [2], the lifestyle concept may facilitate revealing the potential consumer behavior, in addition, the Means-End Chain (MEC) offered by Gutman [3], the theory the most used for analyzing the association between product and customer in the marketing documentation. The major methods for measuring lifestyle frequently used in the market at present include Values and Lifestyle Survey (VALS) and AIO scale (Activity, Interests, Opinion Inventory). The Means-End Chain (MEC) theory presented by Gutman [3], is extensively applied for exploring consumer behavior, and explicitly defining the structure among three levels, namely, product attributes, purchase result, as well as outcome produced by individual value. The theory is based on the final value status desired by value concept of consumer behavior, not only for determining which benefit perception among benefit variables of a certain product could better satisfy the value demand of consumer, but also for assisting manufacturer to recognize the benefit characteristics provided by various products fabricated, in order to reach the sales volume target and realize which type of product or service can best satisfy consumer demands. Since the majority of cosmetics customers are female, who are therefore the target interviewees of questionnaire designed by this study, besides, the association between different lifestyle and product attribute, result and final value would be further investigated.

GENRE
Computing & Internet
RELEASED
2010
1 December
LANGUAGE
EN
English
LENGTH
14
Pages
PUBLISHER
Scientific Research Publishing, Inc.
SIZE
191.5
KB

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