Low-Income Consumer Behavior: A Literature Review

Objective: The objective of this literature review is to present the theoretical bases to describe, analyze, and interpret the factors associated with the behavior of low-income consumers. Theoretical Framework: The literature review addresses the concepts of consumer behavior, the factors that infl...

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Autores:
Contreras-Velásquez, Julio César
Riaño-Garzón, Manuel
Londoño, José Albán
Hernández Ramírez, Jose Antonio
Puente Castro, Raquel
González Parias, Carlos Hernán
Tipo de recurso:
Fecha de publicación:
2024
Institución:
Universidad Simón Bolívar
Repositorio:
Repositorio Digital USB
Idioma:
eng
OAI Identifier:
oai:bonga.unisimon.edu.co:20.500.12442/16234
Acceso en línea:
https://hdl.handle.net/20.500.12442/16234
https://doi.org/10.24857/rgsa.v18n10-033
Palabra clave:
Comportamiento del Consumidor
Consumidor de bajos ingresos
Mercados de Subsistencia
Factores psicosociales
Factores culturales
Factores sociales
Consumer Behavior
Low-income Consumer
Subsistence Markets
Psychosocial Factors
Cultural Factors
Social Factors
Comportamento do Consumidor
Consumidor de Baixa Renda
Mercados de Subsistência
Fatores Psicossociais
Fatores Culturais, Fatores Sociais
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openAccess
License
Attribution-NonCommercial-NoDerivs 3.0 United States
id USIMONBOL2_ccd49f7688f0d9baacdf13a5ef569f04
oai_identifier_str oai:bonga.unisimon.edu.co:20.500.12442/16234
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repository_id_str
dc.title.eng.fl_str_mv Low-Income Consumer Behavior: A Literature Review
dc.title.translated.spa.fl_str_mv Comportamiento del consumidor de bajos ingresos: una revisión a la literatura
dc.title.translated.por.fl_str_mv Comportamento do consumidor de baixa renda: uma revisão da literatura
title Low-Income Consumer Behavior: A Literature Review
spellingShingle Low-Income Consumer Behavior: A Literature Review
Comportamiento del Consumidor
Consumidor de bajos ingresos
Mercados de Subsistencia
Factores psicosociales
Factores culturales
Factores sociales
Consumer Behavior
Low-income Consumer
Subsistence Markets
Psychosocial Factors
Cultural Factors
Social Factors
Comportamento do Consumidor
Consumidor de Baixa Renda
Mercados de Subsistência
Fatores Psicossociais
Fatores Culturais, Fatores Sociais
title_short Low-Income Consumer Behavior: A Literature Review
title_full Low-Income Consumer Behavior: A Literature Review
title_fullStr Low-Income Consumer Behavior: A Literature Review
title_full_unstemmed Low-Income Consumer Behavior: A Literature Review
title_sort Low-Income Consumer Behavior: A Literature Review
dc.creator.fl_str_mv Contreras-Velásquez, Julio César
Riaño-Garzón, Manuel
Londoño, José Albán
Hernández Ramírez, Jose Antonio
Puente Castro, Raquel
González Parias, Carlos Hernán
dc.contributor.author.none.fl_str_mv Contreras-Velásquez, Julio César
Riaño-Garzón, Manuel
Londoño, José Albán
Hernández Ramírez, Jose Antonio
Puente Castro, Raquel
González Parias, Carlos Hernán
dc.subject.spa.fl_str_mv Comportamiento del Consumidor
Consumidor de bajos ingresos
Mercados de Subsistencia
Factores psicosociales
Factores culturales
Factores sociales
topic Comportamiento del Consumidor
Consumidor de bajos ingresos
Mercados de Subsistencia
Factores psicosociales
Factores culturales
Factores sociales
Consumer Behavior
Low-income Consumer
Subsistence Markets
Psychosocial Factors
Cultural Factors
Social Factors
Comportamento do Consumidor
Consumidor de Baixa Renda
Mercados de Subsistência
Fatores Psicossociais
Fatores Culturais, Fatores Sociais
dc.subject.keywords.eng.fl_str_mv Consumer Behavior
Low-income Consumer
Subsistence Markets
Psychosocial Factors
Cultural Factors
Social Factors
dc.subject.keywords.por.fl_str_mv Comportamento do Consumidor
Consumidor de Baixa Renda
Mercados de Subsistência
Fatores Psicossociais
Fatores Culturais, Fatores Sociais
description Objective: The objective of this literature review is to present the theoretical bases to describe, analyze, and interpret the factors associated with the behavior of low-income consumers. Theoretical Framework: The literature review addresses the concepts of consumer behavior, the factors that influence this behavior, such as psychological, social and cultural factors, and finally the low-income consumer. Method: A non-experimental design of bibliographic research allowed us to systematically review the constructs of consumer behavior, factors associated with consumption behavior, and low-income consumers. A total of 109 bibliographic references were consulted: 71 articles, 31 books, 5 research-results book chapters, and 2 reports. Results and Discussion: The review found that this market segment is heterogeneous due to sociocultural differences in the contexts where they reside. For poverty to be more attractive to the business sector, it is necessary that the proposed solution be sustainable; therefore, it must be profitable. The participation of the State is also important, responsible for the inclusion of public policies that encourage companies to incorporate low-income people as micro-entrepreneurs in their business model; one proposal would be to establish dignified and flexible forms of contracting. It is recommended that business schools include within the content of their undergraduate and graduate programs consumer behavior focused on low-income people, who make up the majority of the market in developing countries, in order to raise awareness among future professionals of the importance of including this segment in marketing strategies. Research Implications: The theoretical content found in the literature review will serve marketing managers to design strategies in the distribution and marketing processes that enable products to be introduced into the low-income consumer segment, as well as encouraging the scientific community from the business field to investigate this market segment. Originality/Value: The bibliographic study contributes to the marketing literature with an innovative approach, by addressing the low-income consumer, an object of study that is often excluded in the business sector, considering that they do not have purchasing power, but that in emerging markets represents the majority. of the population.
publishDate 2024
dc.date.issued.none.fl_str_mv 2024
dc.date.accessioned.none.fl_str_mv 2025-02-07T15:06:36Z
dc.date.available.none.fl_str_mv 2025-02-07T15:06:36Z
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dc.type.spa.spa.fl_str_mv Artículo científico
dc.identifier.issn.none.fl_str_mv 1981982X
dc.identifier.uri.none.fl_str_mv https://hdl.handle.net/20.500.12442/16234
dc.identifier.doi.none.fl_str_mv https://doi.org/10.24857/rgsa.v18n10-033
identifier_str_mv 1981982X
url https://hdl.handle.net/20.500.12442/16234
https://doi.org/10.24857/rgsa.v18n10-033
dc.language.iso.none.fl_str_mv eng
language eng
dc.rights.eng.fl_str_mv Attribution-NonCommercial-NoDerivs 3.0 United States
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dc.publisher.por.fl_str_mv ANPAD - Associacao Nacional de Pos-Graduacao e Pesquisa em Administracao
dc.source.por.fl_str_mv Revista de Gestão Social e Ambiental
dc.source.spa.fl_str_mv Vol. 18 No. 10 (2024)
institution Universidad Simón Bolívar
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spelling Contreras-Velásquez, Julio César3276787a-ab14-44bb-991a-8a512508d181600Riaño-Garzón, Manueld76c768a-f36e-46cd-b82e-3bd396b40b48600Londoño, José Albán22768610-cae6-4cd1-a5b1-85e87d5090db600Hernández Ramírez, Jose Antonio6000169a-e70a-43da-9173-9b749104ea3a600Puente Castro, Raquelf74a73f4-023c-44b1-8ca6-fab3a43742ca600González Parias, Carlos Hernán1f38dffa-5b0c-48b3-b1c8-b4b33bd8d33c6002025-02-07T15:06:36Z2025-02-07T15:06:36Z20241981982Xhttps://hdl.handle.net/20.500.12442/16234https://doi.org/10.24857/rgsa.v18n10-033Objective: The objective of this literature review is to present the theoretical bases to describe, analyze, and interpret the factors associated with the behavior of low-income consumers. Theoretical Framework: The literature review addresses the concepts of consumer behavior, the factors that influence this behavior, such as psychological, social and cultural factors, and finally the low-income consumer. Method: A non-experimental design of bibliographic research allowed us to systematically review the constructs of consumer behavior, factors associated with consumption behavior, and low-income consumers. A total of 109 bibliographic references were consulted: 71 articles, 31 books, 5 research-results book chapters, and 2 reports. Results and Discussion: The review found that this market segment is heterogeneous due to sociocultural differences in the contexts where they reside. For poverty to be more attractive to the business sector, it is necessary that the proposed solution be sustainable; therefore, it must be profitable. The participation of the State is also important, responsible for the inclusion of public policies that encourage companies to incorporate low-income people as micro-entrepreneurs in their business model; one proposal would be to establish dignified and flexible forms of contracting. It is recommended that business schools include within the content of their undergraduate and graduate programs consumer behavior focused on low-income people, who make up the majority of the market in developing countries, in order to raise awareness among future professionals of the importance of including this segment in marketing strategies. Research Implications: The theoretical content found in the literature review will serve marketing managers to design strategies in the distribution and marketing processes that enable products to be introduced into the low-income consumer segment, as well as encouraging the scientific community from the business field to investigate this market segment. Originality/Value: The bibliographic study contributes to the marketing literature with an innovative approach, by addressing the low-income consumer, an object of study that is often excluded in the business sector, considering that they do not have purchasing power, but that in emerging markets represents the majority. of the population.Objetivo: El objetivo de este manuscrito de revisión bibliográfica es exponer las bases teóricas que permiten describir, analizar e interpretar los factores asociados al comportamiento de consumidor de bajos ingresos. Marco Teórico: En la revisión de la literatura se abordan los conceptos de comportamiento del consumidor, los factores que influyen en este comportamiento, como los son los psicológicos, sociales y culturales, y por último el consumidor de bajos ingresos. Método: Se utilizó un diseño no experimental de investigación bibliográfica el cual posibilitó la revisión sistemática de los constructos comportamiento del consumidor, factores asociados al comportamiento de consumo y consumidor de bajos ingresos. Se consultaron un total de 109 referentes bibliográficos: 71 artículos, 31 libros, 5 capítulos de libro resultados de investigación y 2 informes. Resultados y Discusión: La revisión encontró que este segmento de mercado es heterogéneo debido a diferencias socioculturales de los contextos donde residen. Para que la pobreza sea más atractiva para el sector empresarial es necesario que la solución propuesta sea sostenible; por lo tanto, debe ser rentable. También es importante la participación del Estado, responsable de la inclusión de políticas públicas que alienten a las empresas a incorporar a las personas de bajos ingresos como micro-emprendedores en su modelo de negocio, una propuesta sería establecer formas dignas y flexibles de contratación. Se recomienda a las escuelas de negocios, incluir dentro del contenido de sus programas de pregrado y posgrado el comportamiento de consumidor enfocado a las personas de bajos ingresos, quienes conforman la mayoría del mercado en los países en desarrollo, con el fin de concientizar a los futuros profesionales de la importancia de incluir a este segmento dentro de las estrategias de marketing. Implicaciones de la investigación: El contenido teórico encontrado en la revisión bibliográfica servirá de base para que los directores de marketing diseñen estrategias en los procesos de distribución y comercialización que permitan introducir los productos en el segmento de consumidores de bajos ingresos, así como alentar a la comunidad científica del área de negocios a investigar este segmento de mercado. Originalidad/Valor: El estudio bibliográfico contribuye a la literatura del marketing con un enfoque innovador, al abordar al consumidor de bajos ingresos, objeto de estudio muchas veces excluido en el sector empresarial, al considerar que no tiene capacidad de compra, pero que en mercados emergentes representa la mayoría de la población.Objetivo: O objetivo desta revisão de literatura é apresentar as bases teóricas para descrever, analisar e interpretar os fatores associados ao comportamento dos consumidores de baixa renda.Referencial Teórico: A revisão de literatura aborda os conceitos de comportamento do consumidor, os fatores que influenciam esse comportamento, como os psicológicos, sociais e culturais, e por fim o consumidor de baixa renda.Método: Foi utilizado um desenho de pesquisa bibliográfica não experimental que possibilitou a revisão sistemática dos construtos comportamento do consumidor, fatores associados ao comportamento do consumidor e consumidores de baixa renda. Foram consultadas 109 referências bibliográficas: 7 artigos, 31 livros, 5 capítulos de livros, resultados de pesquisas e 2 relatórios.Resultados e Discussão: A revisão constatou que este segmento de mercado é heterogêneo devido às diferenças socioculturais nos contextos onde residem. Para que a pobreza seja mais atractiva para o sector empresarial, é necessário que a solução proposta seja sustentável; portanto, deve ser lucrativo. Também é importante a participação do Estado, responsável pela inclusão de políticas públicas que incentivem as empresasa incorporar pessoas de baixa renda como microempreendedores em seu modelo de negócios; uma proposta seria estabelecer formas de contratação dignas e flexíveis; Recomenda-se que as escolas de negócios incluam no conteúdo de seus programas de graduação e pós-graduação o comportamento do consumidor voltado para pessoas de baixa renda, que constituem a maior parte do mercado nos países em desenvolvimento, a fim de conscientizar os futuros profissionais sobre a importância de incluir esse segmento nas estratégias de marketing.Implicações da Pesquisa: O conteúdo teórico encontrado na revisão de literatura servirá aos gestores de marketing para desenharem estratégias nos processos de distribuição e marketing que possibilitem a introdução de produtos no segmentode consumo de baixa renda, bem como estimularão a comunidade científica da área empresarial a investigar esse mercado segmento.Originalidade/Valor: O estudo bibliográfico contribui para a literatura de marketing com uma abordagem inovadora, ao abordar oconsumidor de baixa renda, objeto de estudo muitas vezes excluído do setor empresarial, considerando que não possui poder de compra, mas que nos mercados emergentes representa o maioria. da população.pdfengANPAD - Associacao Nacional de Pos-Graduacao e Pesquisa em AdministracaoAttribution-NonCommercial-NoDerivs 3.0 United Stateshttp://creativecommons.org/licenses/by-nc-nd/3.0/us/info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2Revista de Gestão Social e AmbientalVol. 18 No. 10 (2024)Comportamiento del ConsumidorConsumidor de bajos ingresosMercados de SubsistenciaFactores psicosocialesFactores culturalesFactores socialesConsumer BehaviorLow-income ConsumerSubsistence MarketsPsychosocial FactorsCultural FactorsSocial FactorsComportamento do ConsumidorConsumidor de Baixa RendaMercados de SubsistênciaFatores PsicossociaisFatores Culturais, Fatores SociaisLow-Income Consumer Behavior: A Literature ReviewComportamiento del consumidor de bajos ingresos: una revisión a la literaturaComportamento do consumidor de baixa renda: uma revisão da literaturainfo:eu-repo/semantics/articleArtículo científicohttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_2df8fbb1Adkins, N. 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