Individual cultural factors affecting new product accepting behavior: the case of electronic market in Vietnam

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13 tháng 05 năm 2019
Author: Duong Kim Thanh, Tran Huu Ai
Abstract: Today individualized  culture  playes  an  important  role  in  promoting  acceptance  consumer behavior  towards new  electronic  products  in Vietnam.  The  article  explores  the influence of individual cultural  factors on the consumer accepting behavior. 600 questionnaires in total were distributed  among  the  people  residing in  HCM  city,  Vietnam.  A  structural  equation model  (SEM)  is  used  toanalyze  their  consumer  behavior  in  relation  to new  electronic products’ acceptance. According to the analysis of personal factors, fear of risk, innovation and collectiveness significantly influence the consumer acceptance behavior.
Keywords: new   product   acceptance, consumer, behavior,  individuality, collectivity, compliance, electronic products, Vietnam.