The effect of marketing strategy on consumer sentiment, price sensitivity, and purchase intention, on national online shopping day: S-O-R model approach

Damar Sumeru, Tengku Ezni Balqiah

Abstract


This study examines the relationship between Consumer Sentiment, which is influenced by stimulus variables, namely Online Shopping Atmosphere, which includes Perceived Festival Entertaining (PFE), Perceived Mass Participation (PMP), Promotion Strategy, which contains Perceived Temptation of Price Promotion (PTPP), Perceived Categories Richness of Promotion (PCRP), moderated by Price Sensitivity, and influencing Consumer Purchase Intention at the National Online Shopping Day (Hari Belanja Online Nasional) festival in Indonesia. The population of the study consisted of 437 respondents who filled out an online questionnaire regarding their online shopping experience during National Online Shopping Day. In achieving the objectives of this study, structural equation modeling was used to analyze the data, and SmartPLS was used to examine the variables of stimuli, organisms, and those influencing the response variable, Consumer Purchase Intention. The results of this study determine whether the stimulus factor can affect Consumer Purchase Intention directly or indirectly so that this can be a consideration for e-commerce in Indonesia to create a marketing strategy that is in accordance with current market conditions.

Full Text:

PDF

References


Amoah, Felix & Marriott, Andrew. (2021). “Dimensions of online shopping experience and satisfaction: An application of Pine and Gilmore’s 4Es”. African Journal of Business and Economic Research (AJBER), Vol. 16, (Issue 1), June 2021 pp 117 – 137.

Ana Paula Graciola, Deonir De Toni, Vinicius Zanchet de Lima, Gabriel Sperandio Milan. (2018). “Does price sensitivity and price level influence store price image and repurchase intention in retail markets?”. Journal of Retailing and Consumer Services.

Kurtz, Boone. (2008). Contemporary Marketing., New York: Sount-West Cengage Learning.

Budianto, April. (2015). Manajemen Pemasaran. Ombak : Yogyakarta.

Changbao Lu, Qixia Qin, Yingying Lin. (2013). “Cognitive mechanism of consumer purchase decision in false promotion: An Emperical Study Based on time pressure and overconfidence”. Nankai management review, 2013, 16 (02): 92-103.

Charles W. Lamb, Joseph F. Hair, Carl Mcdaniel. 2001. Pemasaran. Edisi Pertama, Salemba Empat, Jakarta.

Chen, Chuanhong & Li, Xueyan. (2019). “Effects of Singles’ Day atmosphere stimuli and Confucian values on consumer purchase intention”.

Chen, Chuanhong & Li, Xueyan. (2020). “The effect of online shopping festival promotion strategies on consumer participation intention”.

Chenghui Wang, Jun Fan, Yanjing Song. (2018). “Analysis of the impact ofe- commerce shopping festival on consumers’ impulsive purchase behavior”.

Chia-Lin Hsu, Chi-Ya Chang, Chutinart Yansritakul. (2017). “Exploring purchase intention of green skincare products using the theory of planned behavior: Testing the moderating effects of country of origin and price sensitivity”. Journal of Retailing and Consumer Services.

Chinho, Lin & Lekhawipat, Watcharee. (2014). “Factors affecting online repurchase intention”.

Chou, Sheng-Fang, Horng, Jeou-Shyan, Liu, Chih-Hsing Sam, Lin, Jun-You. (2020). “Identifying the critical factors of customer behavior: An integration perspective of marketing strategy and components of attitudes”. Journal of Retailing and Consumer Services.

Civelek, Mustafa & Ertemel, Adnan. (2018). “The Role of Brand Equityand Perceived Value for Stimulating Purchase Intention in B2C e- commerce Web Sites”. Business and Economics Research Journal Vol. 10, No. 1, 2019, pp. 233-243

Eroglu, S.A, Machleit, K.A., Davis, L.M. (2003). “Empirical testing of a model of online store atmospherics and shopper responses, Psychol”. Market. 20 139–150.

Ferdinand. (2002). “Metode Penelitian Manajemen: Pedoman penelitianuntuk Skripsi, Tesis, dan Desertasi Ilmu Manajemen”. Semarang: Badan Penerbit Universitas Diponegoro.

Gangeshwer, D. K. (2013). E-Commerce or Internet Marketing: A Business Review from Indian Context. International Journal of u- and e-Service, Science, and Technology, (6)6, pp.187-194.

Goldsmith, Ronald E, Flynn, Leisa R, Kim, Daekwan. (2010). “Status Consumption and Price Sensitivity”. Journal of marketing theory and practice, 09/2010, Volume 18, Issue 4.

Hair Jr JF, Anderson RE, Tatham RL, Black WC (1998). “Multivariate data analysis”. New Jersey: Prentice-Hall

Heping He, Zhimin Zhou. (2013). “Research online shopping value based on consumer experience”. Business economy and management,2013 (03): 63 72

Honkanen a, Pirjo, Olsen, Svein Ottar, Verplanken, Bas, Huy Tuu, Ho. (2012). “Reflective and impulsive influences on unhealthy snacking. The moderating effects of food related self-control”.

Jacoby J. (2002). “Stimulus‐organism‐response reconsidered: an evolutionary step in modeling (consumer) behavior”. J. Consum. Psychol. 12 51–7.

J. Oh, S.S. Fiorito, H. Cho, C.F. Hofacker. (2008). “Effects of design factors on store image and expectation of merchandise quality in web-based stores”. J. Retailing Consum. Serv. 15 237–249.

Jianming Wang, Thuy Linh Pham, and Van Thac Dang. (2020). “Environmental Consciousness and Organic Food Purchase Intention: A Moderated Mediation Model of Perceived Food Quality and Price Sensitivity”. International Journal of Environmental Research and Public Health.

Jogiyanto, H.M (2007). Metode penelitian bisnis: Salah Kaprah dan PengalamanPengalaman. Yogyakarta: BPFE.

Khan, A., G. (2016). Electronic Commerce: A Study on Benefits and Challenges in an Emerging Economy. Global Journal of Management and Business Research: B Economics and Commerce, (16)1.

Kotler, Philip. (2011). Manajemen Pemasaran di Indonesia (edisi 1). Jakarta: Salemba Empat.

Kotler, P., & Armstrong, G. (2013). Principles of Marketing (16th Global Edition).

Kuncoro, Mudrajad. (2003). “Metode Riset untuk Bisnis & Ekonomi”. Jakarta: Erlangga.

Kurtz, Boone. (2008). Contemporary Marketing., New York: Sount-West Cengage Learning.

Leea, Stacy H.N., Chow, Pui-Sze. (2020). “Investigating consumer attitudes and intentions toward online fashion renting retailing”. Journal of Retailing and Consumer Services.

Leischnig, A., Schwertfeger, M. and Geigenmueller, A. (2011), “Shopping events, shopping enjoyment, and consumers’ attitudes toward retail brands – an empirical examination”, Journal of Retailing and Consumer Services, Vol. 18, pp. 218-223.

Leonidou, Constantinos N., Katsikeas, Constantine S., Morgan, Neil A. (2013). ““Greening” the marketing mix: do firms do it and does it pay off?”. Journal of the Academy of Marketing Science · March 2012

Levy, M., & Weitz, B. A. (2012). “Retailing Management Information Center”. New York: McGraw Hill Higher Education.

Mohammad Faryabi, Kousar Sadeghzadeh, & Mortaza Saed. (2012). “The Effect of Price Discounts and Store Image on Consumer’s Purchase Intention in Online Shopping Context Case Study: Nokia and HTC”. Journal of Business Studies Quarterly 2012, Vol. 4, No. 1, pp. 197-205

Muhammad Ashfaq, Jiang Yun, Abdul Waheed, Muhammad Shahid Khan, & Muhammad Farrukh. (2019). “Customers’ Expectation, Satisfaction, and Repurchase Intention of Used Products Online: Empirical Evidence from China”.

Oh, J., Fiorito, S.S., Cho, H., Hofacker, C.F. (2008). “Effects of design factors on store image and expectation of merchandise quality in web-based stores”. J. Retail. Consum. Serv. 15 (4), 237–249.

Olfat, M., Tabarsa, G.A., Ahmadi, S. and Shokouhyar, S. (2019), “Disclosing the bright side of SNs in the workplace”, Journal of Enterprise Information Management, Vol. 32 No. 3, pp. 390-412.

Oliver, R. L. (1980). “A Cognitive Model for The Antecedents and Consequences of Satisfaction”. Journal of Marketing Research. 460-469.

Ong, F.S., Khong, K.W., Faziharudean, T.M., Dai, X.. (2012). “Path analysis of atmospherics and convenience on flow: the mediation effects of brand affect and brand trust”. Int. Rev. Retail, Distrib. Consum. Res. 22 (3), 277–291.

Rajagopal. (2016). “Sustainable Growth in Global Market: Strategic Choices and Managerial Implication”. Palgrave Macmillan, London.

Richards, T.J., Gomez, M.I. and Pofahl, G. (2012), “A multiple-discrete/continuous model of price promotions”, Journal of Retailing, Vol. 88 No. 2, pp. 206- 225.

Ricky, Bayu & Haryanto, Budhi. (2016). Pengaruh Respon Emosional Positif Konsumen Pada Perilaku Pembelian Impulsif Dimoderasi Karakteristik Situasional. Jurnal Manajemen dan Kewirausahaan, Fokus Manajerial 2016 – Vol. 14 No.1 Hal. 1-14

Ronald E. Goldsmith & Stephen J. Newell. (1997). “Innovativeness and price sensitivity: managerial, theoretical and methodological issues”. Journal of Product & Brand Management, Vol. 6 Iss 3 pp. 163 – 174.

Sargam Bahl Walia, Harish Kumar, Naveen Negi. (2020). “Impact of brand

consciousness, perceived quality of products, price sensitivity and productavailability on purchase intention toward ‘green products”. International Journal of Technology Management & Sustainable Development Volume 19 Number 1.

Schmitt, Bernd. (2010). Experience Marketing: Concepts, Frameworks and Consumer Insights. Foundations and Trends in Marketing, Vol. 5, No. 2 (2010): 55-112.

Shahriari, S., Shahriari, M., Ggheiji, S. (2015). E-commerce and it impacts on global trend and market. International journal of research-Granthaalayah. (3)4, pp. 49-55.

Shang Qian, Jin Jia, Qiu Junping. (2020). “Utilitarian or hedonic: Event- related potential evidence of purchase intention bias during online shopping festivals”.

Solomon, Michael R. (2018). Consumer Behavior Buying, Having, and Being (12th Edition). England

Sugiyono. (2016). Metode Penelitian Kuantitatif, Kualitatif dan R&D. Bandung: PT Alfabet.

Suparno, Chandra. (2020). “Online purchase intention of halal cosmetics: S-O-R framework application”. Journal of Islamic Marketing Vol. 12 No. 9, 2021 pp. 1665-1681

Swastha, Basu. 2000. Azas-azas Marketing. Liberty. Yogyakarta.

Tjiptono, F. (2002). Strategi pemasaran (edisi I). Yogyakarta: Andi Offset.

Trévinal, Aurélia Michaud, Coupey, Karine Picot, and Stenger, Thomas. (2015). “The online shopping experience (OSE): Towards the development of a four-order hierarchical model”.

Wann-Yih Wu, Chia-Ling Lee, Chen-Su Fu, H dan Hong-Chun Wang. (2013). “How can online store layout design and atmosphere influence consumer shopping intention on a website?”. International Journal of Retail & Distribution Management. Vol. 42 No. 1, 2014 pp. 4-24.

Yang Liu, Qi Li, Meng Yin. (2018). “The Stimulating effect of online shopping festival atmosphere on consumers’ impulse shopping behavior”.

Yim, M.Y. (2017), “When shoppers don’t have enough self-control resources: applying the strength model of self-control”, Journal of Consumer Marketing, Vol. 34 No. 4, pp. 328-337

Zeithaml, V.A., Berry, L. and Parasuraman, A. (1993). The nature and determinants of customer expectations of service. Journal of the Academy of Marketing Science, Vol. 21, pp. 1-12.

Zeithaml, V. A, Bitner, M.J. & Gremler, D.D. (2007). Service Marketing. New York : MCGraw-Hill/Irwin.

Zhao, X. and Wan, H.L. (2017), “Drivers of online purchase intention on Singles’ Day: a study of Chinese consumers”, International Journalof Electronic Marketing and Retailing, Vol. 8 No. 1, pp. 1-20.

Zhao, Weihong & Zhong, Ting. (2020). “To buy or not to buy? Analysis of consumers’ purchase intention in the context of multiple shopping festival”. Internationl Conference on Wireless Communication and Smart Grid (ICWCSG).

Zhu, Wenlong, Yan, Ruzhen, Ding, Zhihui. (2020). “Analysing impulse purchasing in cross-border electronic commerce”. Journal of Industrial Management & Data Systems Vol. 120 No. 10, 2020 pp. 1959-1974

Zohra, Ghali & Toukabri, Maher. (2019). “The antecedents of the consumer purchase intention: Sensitivity to price and involvement in organic product: Moderating role of product regional identity”. Journal of Trends in Food Science & Technology, Vol. 90, August 2019, 28 Pages 175-179.




DOI: http://dx.doi.org/10.33021/icfbe.v3i1.3778

Refbacks

  • There are currently no refbacks.



Editorial Office:

Faculty of Business President University 
Jalan Ki Hajar Dewantara Mekarmukti
Cikarang Utara, Bekasi, Jawa Barat


Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.