| Literature DB >> 35401287 |
Jinyuan Guo1, Lei Li2.
Abstract
The popularity of social media, such as WeChat and Weibo in China, has provided an opportunity to develop social commerce. Although shopping through social commerce platforms is widely favored by consumers, the factors affecting consumers' decision-making behavior in the social commerce environment remain unclear. Therefore, from the perspective of the stimulus-organism-response (SOR) theory, we construct a consumer repurchase decision model in the social commerce environment and analyze the influencing mechanism of social commerce features (interactivity, recommendations, and feedback) on perceived value (utilitarian value and hedonic value) and consumers' repurchase intention. The empirical results found that social commerce features are positively related to the generation of perceived value, which in turn drives consumers to form repurchase intentions. We also found some mediating effects of perceived value. The study's conclusions clarify the intrinsic influence mechanism of social commerce features on consumers' perceived value and repurchase intentions. In addition, it can provide some theoretical guidance for future research and business.Entities:
Keywords: feedback; hedonic value; interactivity; recommendations; social commerce; utilitarian value
Year: 2022 PMID: 35401287 PMCID: PMC8990309 DOI: 10.3389/fpsyg.2021.775056
Source DB: PubMed Journal: Front Psychol ISSN: 1664-1078
The difference between e-commerce and social commerce.
| E-commerce | Social commerce | References | |
|---|---|---|---|
| Scope | Product-centric and users search and purchase products online based on the information provided by the company | Customer-centric and companies provide online communities that support social connections to motivate users to shop |
|
| Business objective | Through associated search, simplifying purchases, and recommendation strategies based on consumption records to maximize consumer stickiness and shopping efficiency | Aims to achieve social goals, establish a relationship network with customers, share information, and promote member collaboration and value co-creation |
|
| Customer connection | Customers usually interact with e-commerce platforms independently of other customers | Customers join an online community that supports social connections and encourage conversations between customers and customers and between customers and sellers |
|
| System interaction | One-way browsing is almost always provided, where little information from the customer is fed back to the business or other customers | More social, interactive, and collaborative ways have been developed to enable customers to fully express themselves and share information with other customers and businesses |
|
Figure 1Research model.
Sample statistical characteristics (N = 514).
| Attributes | Options | Frequency | Percentage (%) |
|---|---|---|---|
| Gender | Male | 214 | 41.634 |
| Female | 300 | 58.366 | |
| Age | ≤19 | 4 | 0.778 |
| 20–29 | 218 | 42.412 | |
| 30–39 | 229 | 44.553 | |
| 40–49 | 49 | 9.533 | |
| 50–59 | 13 | 2.529 | |
| ≥60 | 1 | 0.195 | |
| Education | Junior high school | 4 | 0.778 |
| High school | 25 | 4.864 | |
| Associate degree | 59 | 11.479 | |
| Bachelor’s degree | 388 | 75.486 | |
| Master’s degree or higher | 38 | 7.393 | |
| Average monthly income (RMB) | <1,000 | 5 | 0.973 |
| 1,000–3,000 | 33 | 6.420 | |
| 3,000–5,000 | 134 | 26.070 | |
| 5,000–7,000 | 143 | 27.821 | |
| 7,000–9,000 | 104 | 20.233 | |
| >9,000 | 95 | 18.482 |
Results of reliability and convergent validity analysis.
| Factor | Item | Standard loading | VIF | Weight | CR | Cronbach’s | AVE |
|---|---|---|---|---|---|---|---|
| Interactivity (IA) | IA1 | 0.831 | 1.063 | 0.691 | 0.765 | 0.703 | 0.621 |
| IA2 | 0.742 | 1.063 | 0.574 | ||||
| Recommendations (RD) | RD1 | 0.678 | 1.295 | 0.286 | 0.811 | 0.718 | 0.518 |
| RD2 | 0.752 | 1.346 | 0.370 | ||||
| RD3 | 0.783 | 1.381 | 0.400 | ||||
| RD4 | 0.660 | 1.200 | 0.326 | ||||
| Feedback (FB) | FB1 | 0.616 | 1.050 | 0.445 | 0.713 | 0.709 | 0.512 |
| FB2 | 0.730 | 1.060 | 0.565 | ||||
| FB3 | 0.671 | 1.076 | 0.467 | ||||
| Utilitarian value (UV) | UV1 | 0.752 | 1.291 | 0.398 | 0.809 | 0.711 | 0.514 |
| UV2 | 0.681 | 1.248 | 0.317 | ||||
| UV3 | 0.702 | 1.264 | 0.338 | ||||
| UV5 | 0.731 | 1.330 | 0.339 | ||||
| Hedonic value (HV) | HV1 | 0.749 | 1.387 | 0.339 | 0.831 | 0.729 | 0.552 |
| HV2 | 0.691 | 1.291 | 0.311 | ||||
| HV5 | 0.765 | 1.428 | 0.347 | ||||
| HV6 | 0.763 | 1.422 | 0.348 | ||||
| Repurchase intention (RI) | RI1 | 0.758 | 1.226 | 0.445 | 0.808 | 0.710 | 0.584 |
| RI2 | 0.783 | 1.314 | 0.434 | ||||
| RI3 | 0.752 | 1.258 | 0.429 |
p < 0.05.
p < 0.01.
p < 0.001.
Results of discriminant validity analysis.
| Factor | IA | HV | UV | FB | RD | RI |
|---|---|---|---|---|---|---|
| IA |
| |||||
| HV | 0.382 |
| ||||
| UV | 0.419 | 0.619 |
| |||
| FB | 0.354 | 0.268 | 0.389 |
| ||
| RD | 0.309 | 0.480 | 0.377 | 0.176 |
| |
| RI | 0.404 | 0.584 | 0.661 | 0.414 | 0.417 |
|
Diagonally arranged values (the bold values) are the square roots of average variance extracted (AVE); off-diagonal values represent the correlation coefficients.
Figure 2Hypothesis testing results (*p < 0.05; **p < 0.01; ***p < 0.001).
Mediating effects tests.
| IV | M | Mediation test (ab) | Full/Partial mediation test (c′) | Type of mediation | ||||
|---|---|---|---|---|---|---|---|---|
| 2.5% lower bound | 97.5% upper bound | Zero included? | 2.5% lower bound | 97.5% upper bound | Zero included? | |||
| IA | UV | 0.122 | 0.222 | NO | 0.034 | 0.160 | NO | Partial |
| IA | HV | 0.055 | 0.137 | NO | 0.034 | 0.160 | NO | Partial |
| RD | UV | 0.123 | 0.235 | NO | 0.068 | 0.212 | NO | Partial |
| RD | HV | 0.061 | 0.169 | NO | 0.068 | 0.212 | NO | Partial |
| FB | UV | 0.132 | 0.256 | NO | 0.133 | 0.288 | NO | Partial |
| FB | HV | 0.051 | 0.128 | NO | 0.133 | 0.288 | NO | Partial |
IV, independent variable; M, mediator. a, b, c and c′ are path coefficients, respectively.