Indian Journal of Economics and Development

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Consumer Well-Being-Contemporary Conceptualization


Affiliations
1 Department of Economics, SHSS, Galgotias University, 201309, India
 

Background/Objectives: The satisfaction one gets from different domains in life decides the overall quality of life of people. All the domains of life are important but consumer wellbeing has been considered as aprominent component that affects the Quality of Life. The objective of this paper is to present a new contemporary conceptualization of consumer well-being.

Methods/Statistical analysis: The exploratory research design is used to perform a qualitative research. This is a theoretical paper based on review of various conceptualizations of consumer well-being in existing literature.

Findings: Thorough analysis of literature on various perception and thoughts on consumer well-being has endorsed a more contemporary and general conceptualization.

Improvements/Applications: The new and contemporary conceptualization of consumer well-being offers a crucial footing for research on consumer behavior and satisfaction theories. It provides a vital foundation for empirical research on the topic.


Keywords

Consumer Well-Being, Consumer Happiness, Consumer Satisfaction, Contemporary Conceptualization.
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  • Consumer Well-Being-Contemporary Conceptualization

Abstract Views: 293  |  PDF Views: 336

Authors

Rimple Manchanda
Department of Economics, SHSS, Galgotias University, 201309, India

Abstract


Background/Objectives: The satisfaction one gets from different domains in life decides the overall quality of life of people. All the domains of life are important but consumer wellbeing has been considered as aprominent component that affects the Quality of Life. The objective of this paper is to present a new contemporary conceptualization of consumer well-being.

Methods/Statistical analysis: The exploratory research design is used to perform a qualitative research. This is a theoretical paper based on review of various conceptualizations of consumer well-being in existing literature.

Findings: Thorough analysis of literature on various perception and thoughts on consumer well-being has endorsed a more contemporary and general conceptualization.

Improvements/Applications: The new and contemporary conceptualization of consumer well-being offers a crucial footing for research on consumer behavior and satisfaction theories. It provides a vital foundation for empirical research on the topic.


Keywords


Consumer Well-Being, Consumer Happiness, Consumer Satisfaction, Contemporary Conceptualization.

References