"Determinants of shopping centre preferences:Cali, Colombia"

The tendency to choose a shopping centre has motivated the interest in the development of this study, which aims to identify the factors of commercial attraction (place of residence, socio-economic level, transport system and reasons for visit) that determine preferences when going to a shopping cen...

Full description

Autores:
Álvarez-Cano, Ana Milena
Carrillo Rodríguez, Lilian Andrea
Ospina Galindez, Johann Alexis
Tipo de recurso:
Article of investigation
Fecha de publicación:
2022
Institución:
Universidad Autónoma de Occidente
Repositorio:
RED: Repositorio Educativo Digital UAO
Idioma:
spa
OAI Identifier:
oai:red.uao.edu.co:10614/15853
Acceso en línea:
https://hdl.handle.net/10614/15853
https://red.uao.edu.co/
Palabra clave:
Determinants
Preferences
Shopping centres
Generalised linear model
Multinomial logit
Rights
openAccess
License
Derechos reservados - Mahendra Patidar, 2022
Description
Summary:The tendency to choose a shopping centre has motivated the interest in the development of this study, which aims to identify the factors of commercial attraction (place of residence, socio-economic level, transport system and reasons for visit) that determine preferences when going to a shopping centre. This study focuses on the five main shopping centre in the city of Cali, Colombia. Since most previous studies on this topic conducted in this region are limited to a qualitative scope, this study has a quantitative focus. Methodology: A survey of 516 people was carried out at consumers´ homes, and a generalised linear model with multinomial logit was adjusted. Findings: Socio-economic level, educational level, marital status, distance and leisure are determinants of visitors' shopping centre preferences. These results are expected to help the entrepreneurs across these businesses upon implementing marketing strategies that are targeted to specific market segments that allow the strengthening of their natural market and to attract a potential market. These findings could be used in other types of business, research and by academics in the retail and marketing research areas