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Decision-making Styles in Purchasing Sport Products: An International Comparison Between American and Korean College Students

In: Sport as a Business

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  • Sungwon Bae

Abstract

Sports globalization is impacting the importation and exportation of sports apparel and equipment on a national and international scale. According to reported Street & Smith’s Sports Business Journal, the sport industry ranked as a top fourth industry in the United States which equaled approximately US$300,000 million in sales during 2006.1 In comparison, it revealed that South Korea had nearly US$130,000 million of sports business in 2002 (Park et al., 2004). Of the entire amount about US$26,000 million, representing 17 percent were derived from sales of sport apparel and equipment in 2002. Thus, it appears that the sports industry represents a significant and expanding consumer product market for both the United States and South Korea.

Suggested Citation

  • Sungwon Bae, 2011. "Decision-making Styles in Purchasing Sport Products: An International Comparison Between American and Korean College Students," Palgrave Macmillan Books, in: Harald Dolles & Sten Söderman (ed.), Sport as a Business, chapter 2, pages 35-52, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-30663-9_3
    DOI: 10.1057/9780230306639_3
    as

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