JITSS (Journal of Innovation and Trend in Social Sciences)
Vol. 2 No. 3 (2026): JITSS (Journal of Innovation and Trend in Social Sciences)

The Power of Buyers Beyond Capitalism

Ibrahim, Nur Aifiah Binti (Unknown)



Article Info

Publish Date
28 Apr 2026

Abstract

This study examines buyer power beyond conventional price-based mechanisms, positioning buyers as collective and ethical agents who shape market outcomes. Drawing on perspectives from capitalism, sustainability, and consumer collectivism, the research explores how demographic characteristics, brand loyalty, life-stage dynamics, and evaluative behaviours influence purchasing decisions and customer satisfaction. Using a quantitative methodology, survey and company data were analysed through descriptive statistics, regression analysis, and chi-square tests. The findings show that age, spending level, brand loyalty, and product ratings significantly predict customer satisfaction, while purchasing preferences vary systematically across life stages. Young single couples and retirees tend to favour mainstream offerings, whereas family groups are more budget-oriented, reflecting differing social responsibilities and financial constraints. These patterns demonstrate that buyer power operates not only through purchasing capacity but also through shared values, feedback mechanisms, and collective behaviour. Overall, the study highlights buyers as socially situated actors whose choices influence pricing strategies, competition, and long-term market sustainability beyond narrow capitalist interpretations.

Copyrights © 2026






Journal Info

Abbrev

jitss

Publisher

Subject

Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences

Description

JITSS is a peer-reviewed journal published by Asosiasi Asesmen Pendidikan (AAP). Established in 2024, JITSS is committed to publishing articles that cover a wide array of topics within the social sciences. It aims to highlight the latest and most significant developments in fields such as ...