Marketing Mix Factors Affecting the Decision to Buy Condominiums in Pattaya After the COVID-19 Crisis is Over

Main Article Content

Supatkhem Pinakase
Korneak Karnjanapokin

Abstract

The objectives of this research are as follows: 1) to study marketing factors; 2) to study the decision-making behavior regarding condominium purchases in Pattaya City; and 3) to study the marketing mix factors affecting the decision to buy condominiums in Pattaya after the COVID-19 crisis. A mixed-methods research approach was utilized, incorporating quantitative methods with 400 questionnaires and qualitative methods with structured interviews. Statistical analysis techniques included mean calculation, percentage distribution, standard deviation, and multiple regression analysis. The research findings indicate that: 1) Marketing factors encompass product, price, place, promotion, people, process, and physical evidence factors, with an overall perception level rated as high (equation = 4.15, SD = 0.072). 2) Condominium purchasing decision-making behavior in Pattaya City includes problem awareness, data acquisition, evaluating alternatives, making decisions, and evaluation after the decision, with the highest overall perception level (equation = 4.23, SD = 0.288). 3) The marketing mix factors affecting the decision to buy condominiums in Pattaya after the COVID-19 crisis include process, physical evidence, people, promotion, place, and price, accounting for 69.6% of the variance. Therefore, the research hypotheses are accepted.

Article Details

How to Cite
Pinakase, S., & Karnjanapokin, K. (2024). Marketing Mix Factors Affecting the Decision to Buy Condominiums in Pattaya After the COVID-19 Crisis is Over. Rajapark Journal, 18(59), 345–365. Retrieved from https://so05.tci-thaijo.org/index.php/RJPJ/article/view/274149
Section
Research Article

References

Barwise, P. (2020). Marketing Bible, Marketer's Toolkit (P. Tangjakwaranon, Trans.). Green Wive.

Boonkum, K., & Charutawephonnukul, P. (2021). Brand equity and service marketing mix factor influencing the decision to purchase oriental princess of consumer in Bangkok. Journal of Rangsit Graduate Studies in Business and Social Sciences, 8(1), 1-18. https://rsujournals.rsu.ac.th/index.php/jdbs/article/view/2065

Boonyarasri, S. (2018). Factors affecting consumers’ decision making and behavior on purchasing house brand products of siam makro public company limited in Prachuap Khiri Khan Province. Journal of Management Science Nakhon Pathom Rajabhat University, 4(2), 113–124. https://doi.org/10.14456/jmsnpru.2017.21

Chon Buri Provincial Land Office, Bang Lamung Branch. (2022). Report summarizing information regarding condominium sales registration. https://www.dol.go.th/chonburi/Pages/banglamung.aspx

Chotpittayanon, N. (2017). Market management. Suan Sunandha Rajabhat University.

Department of Disease Control, Ministry of Public Health. (2022). Coronavirus disease situation report 2019: No. 731. https://ddc.moph.go.th/viralpneumonia/file/situation/situation-no731-070165.pdf

Fueangchotikarn, J., Yawila, L., & Sitthiuam, R. (2020). The marketing mix affecting the buying decision process on facebook online of people in Phitsanulok. Humanities and Social Sciences Journal of Graduate School, Pibulsongkram Rajabhat University, 14(1), 121-228. https://so01.tci-thaijo.org/index.php/GraduatePSRU/article/view/163900

Godin, S. (2023). This is marketing (Building a great brand doesn't have to please everyone), (S. Pengpraderm, Trans.). Heart Work.

Issara, T. (2018). Principles of marketing (Product of marketing). Rajamangala University of Technology Lanna Nan.

Kahapana, N (2021, July 2). Thailand reports on the condominium market in the Pattaya area. Knight Frank. https://thailandpropertynews.knightfrank.co.th

Kast, F. E., & Rosenzweig, J. F. (1974). Organization and management. McGrew-Hill.

Klinchuanchun, P. (2021, March 18). Industry Outlook 2021-2023: Housing in Upcountry (6 Major Provinces). Krungsri Research.

https://www.krungsri.com/th/research/industry/industry-outlook/real-estate/housing-in-upcountry/io/io-housing-in-upcountry-21

Limpremwattana, V., & Larinthar, A. (2018). The component of market factors and decision of buying behavior of consumer’s condominium in Bangkok. Payap University Journal, 28(1), 137-149. https://doi.org/10.14456/pyuj.2018.14

Manprasert, S. (2022). Impact of COVID-19 on the Thai economy and SME entrepreneurs. Krungsri Plearn Plearn. https://www.krungsri.com/th/plearn-plearn/covid19-newnormal-with-sme

Marangkun, W. (2018). Principles of marketing. JJ-JinJin Net and Copy Center.

Nukulsomprathana, P. (2021, Oct 7). Consumer buying process. Popticles.com. https://www.popticles.com/marketing/consumer-buying-process/

Opaswittayarak, P. (2022). Consumer behavior and service marketing mix in purchasing condominiums in Samut Prakan Province. Journal of Management Science Thonburi Rajabhat University, 4(1), 17-32. https://so10.tci-thaijo.org/index.php/msdru/article/view/130

Pathumsoot, S. (2018). Marketing mix and purchasing behavior of small personal cars of consumers in Suphan Buri Province. Journal of Management Science Nakhon Pathom Rajabhat University, 5(1), 1-13. https://doi.org/10.14456/jmsnpru.2018.1

Ployphan, P. (2015). Decision making. Department of Lands, Ministry of Interior.

Pochai, D. (2019). Marketing factors that affect the decision to consume premium fruits: A case study of consumers in Ban Pong District, Ratchaburi Province[Master's thesis, Silpakorn University].

Real Estate Information Center. (2022, August 5). Real estate in Chonburi: Sending a signal of recovery. https://reic.or.th/News/RealEstate/456091

Smithikrai, C. (2019). Consumer behavior (7th ed.). Chulalongkorn University.

Wongwanich, K., & Karnjanapokin, K. (2021). Marketing mix factors influencing to the decision-making behavior in choosing to study in Master of Business Administration of the Master's Degree Students, Ramkhamhaeng University. The Journal of Development Administration Research, 11(1), 13-25. https://so01.tci-thaijo.org/index.php/JDAR/article/view/244112

Yaipairoj, N. (2020). Digital marketing concept & case study (7th ed.). IDC Premier Company Limited.

Yamane, T. (1973). Statistic: An introductory analysis (3rd ed.). Harper and Row.