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The New Consumer: A Typology of Consumer Reactions to the COVID-19 Crisis

In: Consumption, Production, and Entrepreneurship in the Time of Coronavirus

Author

Listed:
  • Jan-Hendrik Bucher

    (University of St. Gallen)

  • Matthias Fuchs

    (HES-SO University of Applied Sciences and Arts Western Switzerland)

  • Johanna Gollnhofer

    (University of St. Gallen)

  • Birte Karoline Manke

    (University of St. Gallen)

  • Hannah Leimert

    (University of St. Gallen)

  • Marco Vario

    (University of St. Gallen)

  • Torsten Tomczak

    (University of St. Gallen)

Abstract

The COVID-19 crisis is disrupting and changing the lives of consumers in dramatic ways. Research and businesses face the challenge of responding to an unprecedented situation. Drawing on a three-step empirical study design, this study identifies how consumers in Germany and Switzerland reacted to financial and non-financial constraints imposed by the COVID-19 crisis. Building on these findings, we typologize consumer reactions to the COVID-19 crisis. Based on this in-depth analysis of consumer reactions, this study provides guidance to researchers and businesses during volatile times of the COVID-19 crisis.

Suggested Citation

  • Jan-Hendrik Bucher & Matthias Fuchs & Johanna Gollnhofer & Birte Karoline Manke & Hannah Leimert & Marco Vario & Torsten Tomczak, 2022. "The New Consumer: A Typology of Consumer Reactions to the COVID-19 Crisis," Springer Books, in: Elena Gallitto & Marta Massi & Paul Harrison (ed.), Consumption, Production, and Entrepreneurship in the Time of Coronavirus, chapter 0, pages 39-56, Springer.
  • Handle: RePEc:spr:sprchp:978-3-030-93169-8_3
    DOI: 10.1007/978-3-030-93169-8_3
    as

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