Literature DB >> 33315890

Investigating 'Fear of Missing Out' (FOMO) as an extrinsic motive affecting sport event consumer's behavioral intention and FOMO-driven consumption's influence on intrinsic rewards, extrinsic rewards, and consumer satisfaction.

Jeeyoon Kim1, Younghan Lee2, Mi-Lyang Kim3.   

Abstract

This study posits that Fear of Missing Out (FOMO) can function as an extrinsic motive stimulating sport event consumption by inducing consumers to overcome leisure constraints. Also, FOMO-driven consumption is proposed to affect consumption experience for being grounded on extrinsic than intrinsic rewards. In Study 1, the moderation of FOMO between intrapersonal and structural constraints and sport media viewing intention are tested. In Study 2, the relations among FOMO-driven consumption, intrinsic rewards (i.e., enjoyment), extrinsic rewards (i.e., social adherence), and consumer satisfaction are assessed. Study 1 results support the notion that FOMO can boost sport media viewing intention through two mechanisms: by directly stimulating intention and by lifting the negative effect of constraints on intention. In Study 2, FOMO-driven consumption shows a stronger link to extrinsic than intrinsic rewards, extrinsic reward is marginally but negatively associated with intrinsic reward, and intrinsic reward is a stronger predictor of satisfaction. Overall, FOMO is identified as a meaningful extrinsic motive for sport event consumption though its effects on consumer satisfaction are arguable. Implications for FOMO-driven marketing are discussed.

Entities:  

Year:  2020        PMID: 33315890     DOI: 10.1371/journal.pone.0243744

Source DB:  PubMed          Journal:  PLoS One        ISSN: 1932-6203            Impact factor:   3.240


  1 in total

1.  The Continued Use of Social Commerce Platforms and Psychological Anxiety-The Roles of Influencers, Informational Incentives and FoMO.

Authors:  Jinjie Li; Jiayin Qi; Lianren Wu; Nan Shi; Xu Li; Yuxin Zhang; Yinyin Zheng
Journal:  Int J Environ Res Public Health       Date:  2021-11-22       Impact factor: 3.390

  1 in total

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