This study aims to compare life style of baby-boom generation in Korea that is a central generation of the aging age and is the pre-elderly with their consumer values and consumer behaviors. Their life style and consumer behaviors deserve to be analyz...
This study aims to compare life style of baby-boom generation in Korea that is a central generation of the aging age and is the pre-elderly with their consumer values and consumer behaviors. Their life style and consumer behaviors deserve to be analyzed, considering that the scale of their group and purchasing power are big.
In this study, therefore, baby-boom generation was divided into groups according to their life style factors using VALS which is a value measure of life style, and then, general characteristics of each group and difference between consumer values and consumer behaviors were verified based on Cohort's generation study. From the results verified, consumptive and marketing implications were suggested along with general properties of Korean baby-boom generation.
This study was carried out about for a month from the end of March in 2010 aiming at 450 people in baby-boom generation in Kang-nam and Kang--buk area, Seoul, and of them, 350 of questionnaires were collected to be used for this study. In order to analyze collected data, frequency analysis, factor analysis, reliability analysis, cluster analysis, cross-tabulation analysis, one-way ANOVA analysis and post-hoc test were performed using SPSS for Window 17.0 program.
Then, Korean baby-boom generation was classified into five groups according to its factors using VALS and they were named as status-oriented, innovators, makers, believers and neutral-life seeker. First of all, for status-oriented group, among many consumer values, brand pursuit had effect on conspicuous and enjoyable clothing consumer behavior, sociality pursuit had effect on dietary life consumer behavior, social residental environment pursuit had effect on dwelling life consumer behavior and entertainment pursuit had highly effect on leisure life consumer behavior. For innovators, among consumer values, individual pursuit, well-bing pursuit. social residental environment pursuit and health activity pursuit were the biggest factors in respectively, environment-friendly clothing consumer behavior, dietary life consumer behavior, dwelling life consumer behavior and leisure life consumer behavior. In makers' group, practicality pursuit and realistic residental environment pursuit were the biggest factors in respectively, practical dietary life consumer behavior and dwelling life consumer behavior. In believers' group, every factor was low in consumer value, foodㆍclothingㆍshelter and leisure consumer behavior. Lastly, for neutral-life seekers, they were analyzed to be the average group, since they had the average values in consumer value, foodㆍclothingㆍshelter and leisure consumer behavior.
From those results as above, it seems that baby-boom generation has high intellectual pursuit, while it pursues pleasure less than it. Especially, it is supposed that status-oriented, innovators and makers have a variety of life styles in the same baby-boom generation, since they showed interesting characteristics. In addition, by promoting consumer values and designing life concretely in each sector of consumption, it can propose marketing implications which meet various needs of baby-boom generation with high consumption scale. In conclusion, it is expected that the findings of this study will provide considerably important information for further researches to understand life style of baby-boom generation.
Key word: baby-boom generation, life style, VALS, life style pattern, consumer value, clothing consumer behavior, dietary life consumer behavior, dwelling life consumer behavior, leisure life consumer behavior, Korean baby-boom generation.