Affiliation:
1. PSG Institute of Management
2. Sri Ramakrishna College of Arts and Science
3. Acharya Bangalore B-School
Abstract
Abstract
Amid the fast-evolving landscape, characterized by the far-reaching impact of the Internet and rapid technological progress, consumer behaviors and needs are undergoing a significant transformation (Karenhka, 2013). This is particularly pronounced in India, with over 50% of the population aged under 25 and 65% under 35 (National Statistical Commission, 2017). The younger generation is growing up in a world saturated with technology, influenced by widespread Internet access, data abundance, and ongoing mobile innovations (Han Wai et al., 2016). Our research paper thoroughly investigates the impact of technological advancements on the diverse stages of the consumer buying process, including need recognition, information search, alternative evaluation, decision-making, and post-purchase behaviors. Based on the comprehensive reviews of literatures, empirical past analysis, and expert talks, the present study is rigorously analyzed, validated and formulated four hypotheses in different dimensions of consumer behavior. The research highlights the substantial influence of technological innovations on the consumer purchasing journey, emphasizing the importance for marketers to incorporate key disruptive technologies into their marketing strategies.
JEL Code: D12, O33, M31
Publisher
Research Square Platform LLC
Reference39 articles.
1. Interactive home shopping: consumer, retailer, and manufacturer incentives to participate in electronic marketplaces;Alba J;J Mark,2018
2. Impact of Innovations on consumers' behaviour: A case study of Pak Electron Limited;Awan AG;Eur J Bus Innov Res,2014
3. Principles of marketing management;Bagozzi RP;Sci Res Associates Publication,2016
4. Chaffey D, Ellis-Chadwick F, Johnston K, Mayer R (2016) Internet Marketing: Strategy Implement Pract 3(E):23–29
5. Complementarity, status similarity and social capital as drivers of alliance formation;Chung S;Strateg Manag J,2014