Exploring e-deal proneness: the interplay of price consciousness and anticipatory regret

Purpose: This research investigates the factors influencing consumers' intention to purchase e-deals from group buying websites, focussing on e-deal proneness, price consciousness and anticipatory regret. Design/methodology/approach: Three studies (n = 539) were conducted using data collected f...

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Main Authors: Cheah, Isaac, Shimul, Anwar Sadat, 't Hart, B.
Format: Journal Article
Published: 2024
Online Access:http://hdl.handle.net/20.500.11937/96361
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author Cheah, Isaac
Shimul, Anwar Sadat
't Hart, B.
author_facet Cheah, Isaac
Shimul, Anwar Sadat
't Hart, B.
author_sort Cheah, Isaac
building Curtin Institutional Repository
collection Online Access
description Purpose: This research investigates the factors influencing consumers' intention to purchase e-deals from group buying websites, focussing on e-deal proneness, price consciousness and anticipatory regret. Design/methodology/approach: Three studies (n = 539) were conducted using data collected from an online consumer panel and tested via structural equation modelling and PROCESS macro in SPSS. Findings: The findings suggest that subjective norms, perceived behavioural control and attitudes positively influence consumers' e-deal purchase intention. Additionally, price consciousness amplifies the relationship between consumers' e-deal proneness and purchase intention, and price-conscious respondents are more likely to have the intention to buy e-deals when faced with some form of anticipatory regret. Practical implications: Based on the research findings, practitioners are advised to prioritise social norms and entertainment value when promoting the attractiveness of e-deals, using strategies such as social media and influencer marketing. Brands should also emphasise the value of e-deals by showcasing comparative price savings and discounts to motivate consumers to buy. Originality/value: This paper addresses an interesting and practical issue related to the effects of group buying websites, focussing on e-deal proneness, price consciousness and anticipatory regret.
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institution Curtin University Malaysia
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spelling curtin-20.500.11937-963612025-01-09T03:07:29Z Exploring e-deal proneness: the interplay of price consciousness and anticipatory regret Cheah, Isaac Shimul, Anwar Sadat 't Hart, B. Purpose: This research investigates the factors influencing consumers' intention to purchase e-deals from group buying websites, focussing on e-deal proneness, price consciousness and anticipatory regret. Design/methodology/approach: Three studies (n = 539) were conducted using data collected from an online consumer panel and tested via structural equation modelling and PROCESS macro in SPSS. Findings: The findings suggest that subjective norms, perceived behavioural control and attitudes positively influence consumers' e-deal purchase intention. Additionally, price consciousness amplifies the relationship between consumers' e-deal proneness and purchase intention, and price-conscious respondents are more likely to have the intention to buy e-deals when faced with some form of anticipatory regret. Practical implications: Based on the research findings, practitioners are advised to prioritise social norms and entertainment value when promoting the attractiveness of e-deals, using strategies such as social media and influencer marketing. Brands should also emphasise the value of e-deals by showcasing comparative price savings and discounts to motivate consumers to buy. Originality/value: This paper addresses an interesting and practical issue related to the effects of group buying websites, focussing on e-deal proneness, price consciousness and anticipatory regret. 2024 Journal Article http://hdl.handle.net/20.500.11937/96361 10.1108/APJML-05-2023-0459 fulltext
spellingShingle Cheah, Isaac
Shimul, Anwar Sadat
't Hart, B.
Exploring e-deal proneness: the interplay of price consciousness and anticipatory regret
title Exploring e-deal proneness: the interplay of price consciousness and anticipatory regret
title_full Exploring e-deal proneness: the interplay of price consciousness and anticipatory regret
title_fullStr Exploring e-deal proneness: the interplay of price consciousness and anticipatory regret
title_full_unstemmed Exploring e-deal proneness: the interplay of price consciousness and anticipatory regret
title_short Exploring e-deal proneness: the interplay of price consciousness and anticipatory regret
title_sort exploring e-deal proneness: the interplay of price consciousness and anticipatory regret
url http://hdl.handle.net/20.500.11937/96361