Journal of Scientific Papers

ECONOMICS & SOCIOLOGY


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ISSN 2071-789X

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  • General Founder and Publisher:

     
    Centre of Sociological Research

     

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    University of Szczecin (Poland)

    Széchenyi István University, (Hungary)

    Mykolas Romeris University (Lithuania)

    Alexander Dubcek University of Trencín (Slovak Republic)


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Customer age as a determinant of preferences for information sources: Empirical analysis of a case from Central Europe

Vol. 15, No 2, 2022

František Pollák

 

Institute of Technology and Business in České Budějovice,

České Budějovice, Czech Republic

E-mail: frantisek.pollak@mail.vstecb.cz 

ORCID 0000-0001-6346-8629

 

Customer age as a determinant of preferences for information sources: Empirical analysis of a case from Central Europe

 

Peter Markovič

 

University of Economics in Bratislava,

Bratislava, Slovak Republic

E-mail: peter.markovic@euba.sk 

ORCID 0000-0003-3870-8082


 

Abstract. The issue of finding effective approaches to marketing communications has been the subject of interest for the academic community as well as marketing managers for several decades. This study presents the results of an empirical analysis concerning the preferences of more than 5,000 Central Europeans aimed at identifying the customers´ preferred way of obtaining information depending on their age. The results of the analysis suggest that younger customers prefer online media, while middle-aged and older customers tend to prefer traditional information sources. The scientific contribution of the study is mainly in the results of cluster analysis, where we discover interesting mergers of customer clusters with a combination of preferentially similar age groups of customers. These newly discovered clusters can serve as a guide for more effective targeting of marketing communication to optimize the use of corporate resources and increase the overall competitiveness of companies operating in the Central European market.

 

Received: July, 2021

1st Revision: April, 2022

Accepted: May, 2022

 

DOI: 10.14254/2071-789X.2022/15-2/18

JEL ClassificationL26, M31, O30

Keywords: marketing communication, customer, efficiency, competitiveness, innovation