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Factors influencing lack of middle class comsumer participation in luxury purchases on black friday

Mini Dissertation (MBA)--University of Pretoria, 2019.

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Other Authors: Smith, Sean
Format: Thesis
Language:English
Published: University of Pretoria 2020
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access_status_str Open Access
author2 Smith, Sean
author_browse Smith, Sean
author_facet Smith, Sean
collection Thesis
dc_rights_str_mv © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Mini Dissertation (MBA)--University of Pretoria, 2019.
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:37:56.779Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2020
publishDateRange 2020
publishDateSort 2020
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/73939 Factors influencing lack of middle class comsumer participation in luxury purchases on black friday Smith, Sean ichelp@gibs.co.za Zulu, Nelisa UCTD Mini Dissertation (MBA)--University of Pretoria, 2019. This paper determined factors that influenced lack of middle class consumer engagement in Black Friday to purchase luxury goods. Black Friday, a relatively new phenomenon in South Africa, significantly contributes to retailer profitability and economic growth and stability. The Theory of Planned Behaviour (TPB) and the Engel, Kollat and Blackwell (EKB) model of consumer behaviour were utilised in this research to determine the information processing, decisional and external factors that negatively influenced consumers’ purchase intentions and behaviour on Black Friday. Data was collected using 14 semi-structed interviews with middle class consumers who satisfied the qualifying criteria and had not participated in Black Friday to purchase luxury goods. The study found that factors that negatively influenced the middle class consumer sample groups participation in Black Friday included a negative attitude, low social norms and low perceived behavioural control, which negatively influenced their purchase intentions and decision to engage in Black Friday to purchase luxury goods. Additionally, factors including customer experience, lack of convenience, accessibility and retailer disingenuity were identified as moderators of behaviour on Black Friday. The study contributes to the literature of consumer behaviour on Black Friday in South Africa, by identifying strategies that retailers can adopt to overcome the barriers to participation. ms2020 Gordon Institute of Business Science (GIBS) MBA 2020-04-06T09:59:52Z 2020-04-06T09:59:52Z 2020/04/01 2019 Mini Dissertation Zulu, N 2019, Factors influencing lack of middle class comsumer participation in luxury purchases on black friday, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/73939> http://hdl.handle.net/2263/73939 en © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Factors influencing lack of middle class comsumer participation in luxury purchases on black friday
title Factors influencing lack of middle class comsumer participation in luxury purchases on black friday
title_full Factors influencing lack of middle class comsumer participation in luxury purchases on black friday
title_fullStr Factors influencing lack of middle class comsumer participation in luxury purchases on black friday
title_full_unstemmed Factors influencing lack of middle class comsumer participation in luxury purchases on black friday
title_short Factors influencing lack of middle class comsumer participation in luxury purchases on black friday
title_sort factors influencing lack of middle class comsumer participation in luxury purchases on black friday
topic UCTD
url http://hdl.handle.net/2263/73939