Analysis of consumer behaviour from the point of view of marketing and happiness management during the Covid-19 pandimic

  1. Estela Núñez Barriopedro 1
  2. Azucena Penelas Leguía 1
  3. José María López Sanz 1
  4. Celia López Quintas 1
  1. 1 Universidad de Alcalá
    info

    Universidad de Alcalá

    Alcalá de Henares, España

    ROR https://ror.org/04pmn0e78

Book:
A thousand ways to understand happiness in the economy of the European Union's "Next generation" funds: a comprehensive vision under the lens of social marketing, history and happiness management

Publisher: Comares

ISBN: 978-84-1369-420-7

Year of publication: 2022

Pages: 149-164

Type: Book chapter

Sustainable development goals

Abstract

In recent times we are experiencing a process of digital transforrnation and increased use ofInforrnation and Cornmunication Technology (ICT) that has been accelerated by the COVID 19 pandemic. In turn, home confinement has led consumers to adopt new forrns of consumption through digital channels and companies to reinvent themselves by having to make a greater diversity of distribution channels available to consumers. In this new context, the main objective of this paper is to analyse consumer behaviour in a period of pandemic and confinement in the consumption of durable goods and the extent to which it is influenced by their personal economic situation. To this aim, a correlational study has been carried out using data from the Centro de Investigaciones Sociológicas (CIS) survey on the Consumer Confidence Index (CCI) in a sample of2,200 Spaniards during the month of Apri12020, the period ofhome confinement due to the first wave ofthe pandemic. ANOVA analysis is used to compare the variation in the consumption of durable goods with respect to the variables savings, household economic situation and income. The main results are that there is a positive relationship between income, savings and consumption. However, there is no significant relationship between the current economic situation in the consumer's household and consumption, most of them perceiving a more pessimistic situation than in the pre-pandemic periodoAmong the implications of this work is a caIl for institutions to promote policies that encourage savings and household wealth, which contributes to the weIl-being of citizens and their happiness by keeping consumer confidence índices stable in times of crisis.