Professional Documents
Culture Documents
1
INTRODUCTION
Impulse buying is defined as "an
unplanned purchase" that is characterized
by"(1) relatively rapid decision-making,
and (2) a subjective bias in favor of
immediate possession (Rook & Gardner,
1993, Rook, 1987; Rook & Hoch, 1985).
There are numerous factors which may
lead to consumers Impulse buying
decision.
2
INTRODUCTION
i. External Factor:
a. social,
b. marketing, and
c. situational factors
ii. Individual Factors :
Also influence the consumer decision making
process.
iii. Social factors :
Refer to geographic factors like culture, subculture,
social class, group, and family.
3
INTRODUCTION
Marketing factors :
Include product, price, placement, and promotion while physical
surroundings may also influence the consumer buying decision e.g.
Product display, product design, store design, in-store environment
and location.
Basically two types of motivations which effect the
consumer decision making process includes :
Utilitarian Motivation:
A consumer with utilitarian shopping motivations wants to attain a
useful value or fulfill an economic need (kim, 2006)
Hedonic Motivation:
As the behavior of a consumer seeking happiness, pleasure, fantasy
and arousal.
4
INTRODUCTION
In Pakistan young people are major part of
population but authors didnt focus on this
portion.
Some of studies have been conducted
covering external factors effecting impulse
buying while individual factors particularly
the hedonic needs of young consumers are
not discussed yet.
The research on university students who
make buying to satisfy their hedonic needs
will helps the retailers to attract their
customers using analytical data to lead them5
RESEARCH OBJECTIVES
The primary objective of research is to
analyze how hedonic needs of university
students effect their impulse buying.
Another objective of study is to review the
literature and reveal the gaps in the study
which are required to identify in context of
Pakistan.
To explore the mediating role of Impulse
buying tendency between hedonic motivation
and impulse buying decision of consumers.
6
RESEARCH OBJECTIVES
To find out the age and gender differences
which effect the buying decision of
university students in context of Pakistan.
To determine which of hedonic motivation
have strong effect on impulse buying
tendency to make final purchase.
7
SIGNIFICANCE OF STUDY
The understanding of impulse buying behavior
and its situation may benefit both marketers
and consumers.
For marketers:
Marketing strategies can be efficiently
developed and improved if marketers have
a thorough understanding of impulse buying
behavior (bayley&nancarrow,1998;crawford&
melewar,2003; xiao&nicholson,2011;tifferet&
herstein,2012)
8
SIGNIFICANCE OF STUDY
For consumers:
Impulse buying behavior could become tricky
and result in amount overdue (O'Quinn &
Faber,1989;wood, 1998;vohs&faber,2007).
Significance of impulse buying has been
recognized since many years ago and still
has a notable impact on our society and
consider as definite part of consumer
behavior.
9
SIGNIFICANCE OF STUDY
This research hopes to achieve the goal
of providing a distinguished and deeper
insight into the study of impulse buying,
especially regarding the hedonic influences
on impulse buying behavior.
The study also helps the retailers or sellers
to develop strategies by analyzing the
hedonic needs and age differences which
effect directly or indirectly on buying
decision of consumers including students.
10
LITERATURE REVIEW
Hedonic Shopping Motivation:
o Hedonic shopping motivations as the pleasurable
consumption of a product or service with an end-result
of satisfying emotions and fantasies rather than the
mere collection of goods. Assael (2004).
o Hedonic motivation is effected by emotions, adds that
hedonic needs are empirical and connected to emotions
and fantasies. Solomon (2013)
o Hedonic motivations as a consumer being motivated by
the anticipated pleasure that can be obtained when
seeking goods and services, or from the shopping
experience itself. Hoyer et al. (2013)
11
LITERATURE REVIEW
Adventure shopping:
o Adventure shopping as a consumer shopping
to have a feeling of being in another universe
and to feel a sense of adventure or
stimulation. Arnold and Reynolds (2003)
o Adventure shopping as a consumer being
excited to go shopping; shopping arouses
various senses, especially when consumers
are experiencing different environments. Kim
(2006)
12
LITERATURE REVIEW
Idea shopping:
o Evans et al. (2009) categorize consumers
attempting to keep up with new fashions and
trends and trying to find new products and
innovations as idea shoppers.
o Retailers targeting idea shoppers should
provide new and exciting products, as well as
a shopping experience that will arouse and
attract these shoppers. Cardoso and Pinto
(2010)
13
LITERATURE REVIEW
Social shopping
o Kim (2006) agrees by describing a retail
environment as a suitable place for
spending time with friends and family.
o Longing to communicate and to be in the
presence of other individuals, such as
other shoppers, friends or family is
defined as socializing. According to
Wagner and Rudolph (2010)
14
LITERATURE REVIEW
Role shopping:
o Arnold and Reynolds (2003), who state that
role shopping has an effect on a shoppers
emotional state, add that these shoppers
seek pleasure in finding the perfect gift for
others.
o Role shopping, or gift shopping, as
consumers representing a role. These roles
may include being a good friend or being a
good spouse. Wagner and Rudolph (2010)
15
LITERATURE REVIEW
Value shopping:
o To et al. (2007) identify value shoppers as
consumers connecting emotionally and
enjoying the process of negotiating with sales
people for the purpose of obtaining a bargain.
o Cardoso and Pinto (2010) advise retailers to
target these consumers by offering a good
price in accordance to the quality of the
product.
16
LITERATURE REVIEW
Impulse Buying Tendency
o Almost all unplanned buying is a result of
touching, hearing, smelling or tasting
some-thing on the premises of the store
(Underhill, 1999).
o The tendency for impulse buying is the
degree where consumer is likely to make
immediate, unintended and thoughtless
purchases (Sun et al., 2004)
17
LITERATURE REVIEW
Impulse Buying:
o Relying on the work of Iyer(1989),Kalla and Aurora
(2011) stated that all impulse buying is at least
unplanned, but all unplanned purchases are not
necessarily decided impulsively.
o Mihic and Kursan (2010a) find that there are no
statistically significant differences between males and
females regarding their impulse buying behavior while
Bellenger and colleagues (1978) find that younger
customers (customers younger than 35 years) are
more inclined toward impulse purchase behavior.
18
GAPS IN LITERATURE
All studies focused on individual
motivations but not researched in
context of students of Pakistani
Universities.
In Pakistan young people are major part
of population but authors didnt focus
on this portion in their research based
on consumers buying decision
especially impulse buying.
19
GAPS IN LITERATURE
However, some of studies have been
conducted covering external factors
effecting impulse buying while individual
factors particularly the hedonic needs of
young consumers are not discussed yet.
The University students impulse buying also
should be considered to develop marketing
strategies regarding consumer buying who
also have vast majority among young
people.
20
EXPLAINING RESEARCH PROBLEM
21
RESEARCH QUESTIONS
Does the hedonic shopping motivations
have any relationship with Impulse Buying
Tendency?
Does Impulse buying tendency mediates
the relationship between hedonic
shopping motivations and impulse buying?
Does demographic variables age and
gender moderates the direct relationship
of IBT and impulse buying decision?
22
RESEARCH QUESTIONS
Does hedonic shopping motivations
have any direct impact on consumer
impulse buying?
Does the demographic variables either
directly influence the Impulse Buying
Tendency or not?
23
CONSUMER BUYING DECISION
24
CONSUMER BUYING DECISION PROCESS
25
MODEL
Advent
ure Inco
Shoppi Age
Gratifica me
ng H1(
tion
Shoppin b) H8(a
H1( H7(a H8(
g H2(b a) )
) b)
Idea )
H2( H7(
Shoppi a) H3( b)
ng b)
H3(
a) Impulse
Impulse
Buying Impulse
Impulse
Buying
H4( Tendency Buying
Buying
Tendency
a) H5(a
Role H4( )
Shoppi b)
H5( H9(a
ng b) H9(
Social ) b)
H6(
Shoppi H6( b)
ng a)Value
Gend
Shoppi er
ng 26
METHODOLOGY
Research Design
Descriptive research design has been
used for this study.
Research Approach
For the purpose of this study, a
quantitative cross-sectional approach
was chosen.
27
METHODOLOGY
Target Population
In regard to this study, the target population was
universities students in Punjab between the ages of 18
to 40 with respect to their education level.
Sample
A sample of 350 students used for the study of six
different universities in central Punjab.
Sampling Method
For the purpose of this study, a non-probability
convenience sample of 350 students was taken from the
sampling frame of six universities recognized from HEC.
28
METHODOLOGY
Independent Variables
29
RESEARCH INSTRUMENTS
30
RESEARCH INSTRUMENTS
Value shopping is done to get products at bargain
prices and is measured with items like I enjoy
hunting for bargains when I shop.
Social shopping that measures the motivation of
consumers to shop socially It has items including I
enjoy socializing with others when I shop.
Idea shopping measures the motivation of
consumers to keep up with current fashion trends.
It is measured by items such as I go shopping to
see what new products are available.
31
RESEARCH INSTRUMENTS
Impulse Buying Tendency
Impulse buying tendencies of the consumers
were measured using the 20-item Impulse
buying tendency scale developed by
(Verplanken and Herabadi, 2001).
o Cognitive factors consists of items such as
if I buy something, I usually do that
spontaneously and I often buy things
without thinking.
32
RESEARCH INSTRUMENTS
o Affective component refers to emotions of
excitement, lack of independence and control. It is
more emotive in nature and has items such as I
sometimes cannot suppress the feeling of wanting
to buy something
Impulse Buying
The impulse buying scale, developed by Rook and
Fisher (1995), consist of seven items have been
used to measure the impulse buying using likert
scale of 6 disagree from strongly agree to strongly
disagree.
33
DIRECT EFFECTS OF INDEPENDENT ON DEPENDENT
VARIABLES
Hypothesi Relationship
s
H1(a) 0.04 0.22 Insignificant
40
o r
s F
n k i o n
a t
Th tten
A
41