DOI QR코드

DOI QR Code

Effect of Fashion Product Popularity and Type on Purchase Intention in China's Open Market

중국 오픈마켓 패션상품의 인기도와 유형이 구매의도에 미치는 영향

  • Wenke Sang (Dept. of Overseas Business, NAAHGA Co., Ltd.) ;
  • Yang-Suk Ku (Dept. of Clothing & Textiles, Kyungpook National University) ;
  • Hyun-Hee Park (Dept. of Fashion Design, Kyungpook National University/Center for Beautiful Aging)
  • 상원커 ((주)나아가 해외사업부) ;
  • 구양숙 (경북대학교 의류학과) ;
  • 박현희 (경북대학교 패션디자인 전공/장수생활과학연구소)
  • Received : 2024.01.08
  • Accepted : 2024.01.29
  • Published : 2024.04.29

Abstract

This study aims to explore the influence of product popularity signals on purchase intention in China's open market, with a focus on understanding the interaction effect of fashion product types. The popularity signals were measured through sales volume and review volume. For the experiment, a 2 (sales volume: high vs low) × 2 (review volume: high vs low) × 2 (fashion product type: trend vs basic) factorial design was employed. The findings of this study are summarized as follows. First, sales volume and review volume, as signals of the popularity of fashion products, did not appear to have a direct effect on purchase intention. Second, the impact of fashion product popularity on purchase intention was found to be contingent on the type of fashion product. When purchasing trendy fashion products, purchase intention was found to be higher under low popularity conditions compared to high popularity conditions. When purchasing basic fashion products, purchase intention was found to be higher under high popularity conditions compared to low popularity conditions. These findings contribute valuable insights for developing marketing strategies that leverage popularity signals for fashion products in China's open markets. Furthermore, the study improves understanding of online fashion product purchasing behavior among Chinese consumers.

Keywords

References

  1. Ahn, K., Hwang, S. J., & Jung, C. J. (2018). Fashion marketing(4th ed.). Paju: Soohaksa.
  2. Archak, N., Ghose, A., & Ipeirotis, P. G. (2011). Deriving the pricing power of product features by mining consumer reviews. Management Science, 57(8), 1485-1509. doi:10.1287/mnsc.1110.1370
  3. Agnihotri, A., & Bhattacharya, S. (2016). Online review helpfulness: Role of qualitative factors. Psychology & Marketing, 33(11), 1006-1017. doi:10.1002/mar.20934
  4. Baek, H., Ahn, J., & Choi, Y. (2012). Helpfulness of online consumer reviews: Readers' objectives and review cues. International Journal of Electronic Commerce, 17(2), 99-126. doi:10.2307/41739513
  5. Biswas, D., & Biswas, A. (2004). The diagnostic role of signals in the context of perceived risks in online shopping - Do signals matter more on the web?" Journal of Interactive Marketing, 18(3), 30-45. doi:10.1002/dir.20010
  6. Bronner, F., & de Hoog, R. (2011). Vacationers and eWOM: Who posts, and why, where, and what?. Journal of Travel Research, 50(1), 15-26. doi:10.1177/0047287509355324
  7. Chang, Y., & Yi, C. (2014). A cross-cultural study on the effects of social popularity and deal scarcity on consumers' purchase behavior. PACIS 2014 proceedings, pp. 305.
  8. Chevalier, J. A., & Mayzlin, D. (2006). The effect of word of mouth on sales: Online book reviews. Journal of Marketing Research, 43(3), 345-354. doi:10.1509/jmkr.43.3.345
  9. Chintagunta, P. K., Gopinath, S., & Venkataraman, S. (2010). The effects of online user reviews on movie box office performance: Accounting for sequential rollout and aggregation across local markets. Marketing Science, 29(5), 944-957. doi:10.2139/ssrn.1331124
  10. Cheung, C. M., Xiao, B. S., & Liu, I. L. (2014). Do actions speak louder than voices? The signaling role of social information cues in influencing consumer purchase decisions. Decision Support Systems, 65, 50-58. doi:10.1016/j.dss.2014.05.002
  11. Dean, D. H. (1999). Brand endorsement, popularity, and event sponsorship as advertising cues affecting consumer pre-purchase attitudes. Journal of Advertising, 28(3), 1-12. doi:10.1080/00913367.1999.10673585
  12. Do, K. E.(2008). A study of process which the popular fashion style has been spreading to the public: On the basis of celebrity. Journal of the Korean Society of Design Culture, 14(3), 182-190.
  13. Duan, W., Gu, B., & Whinston, A. B. (2008). The dynamics of online word-of-mouth and product sales: An empirical investigation of the movie industry. Journal of Retailing, 84(2), 233-242. doi:10.1016/j.jretai.2008.04.005
  14. Engel, J. F., & Blackwell, R. D. (1990). Consumer behavior. New York: The dryden press.
  15. Huang, S., & Lee, M.(2023). The effects of review quantity and review similarity on Chinese consumers' perceived product popularity and purchase intention. Journal of the Korea Contents Association, 23(9), 407-418. doi:10.5392/JKCA.2023.23.09.407
  16. Jeon, K. Y. (2019). A study on the influence of Internet news articles and comments on product attitude, purchasing intention and word of mouth: Focusing on regulatory focus and involvement. [Doctoral dissertation, Kookmin University. Riss. https://www.riss.kr/link?id=T15372501
  17. Jeong, H. J., & Kwon, K. N. (2012). The effectiveness of two online persuasion claims: Limited product availability and product popularity. Journal of Promotion Management, 18(1), 83-99. doi:10.1080/10496491.2012.646221
  18. Kim, D. K. (2013). A study on the impact of sports brand flagship store's experiences on brand equity and purchase intention. [Master's thesis, Sungkyunkwan University. Riss. https://www.riss.kr/link?id=T13075016
  19. Kim, G. Y., Chang, Y. H., Lee, S. M., & Park, M. C. (2012). Determinants of consumers' impulsive buying behavior: Focus on users of social commerce. Entrue Journal of Information Technology, 11(3), 71-88.
  20. Kim, M. S., & An, S. K. (2010). Brand awareness, attributes and purchase behaviors for luxury products in the age of McLuxury. The Research Journal of the Costume Culture, 18(1), 133-149. doi:10.29049/rjcc.2010.18.1.133
  21. Kim, S. U., Park, C. Y., & Lee S. H. (2013). A study on classifying and comparing effects of online trustmarks: Focusing on signaling theory. Journal of Product Research, 31(1), 1-15. doi:10.36345/kacst.2013.31.1.001
  22. Kirmani, A., & Rao, A. R. (2000). No pain, no gain: A critical review of the literature on signaling unobservable product quality. Journal of Marketing, 64(2), 66-79. doi:10.1509/jmkg.64.2.66.18000
  23. Ko, S. H., & Kim, E. Y. (2014). Effects of marketing strategy on brand attitude, store effect, and store loyalty: A comparison between global and Korean SPA brands. Fashion & Textiles Research Journal, 16(3), 386-395. doi:10.5805/SFTI.2014.16.3.386
  24. Kumar, N., & Benbasat, I. (2006). Research note: The influence of recommendations and consumer reviews on evaluations of websites. Information Systems Research, 17(4), 425-439. doi:10.1287/isre.1060.0107
  25. Kumar, M., & Garg, N. (2010). Aesthetic principles and cognitive emotion appraisals: How much of the beauty lies in the eye of the beholder?. Journal of Consumer Psychology, 20(4), 485-494. doi:10.1016/j.jcps.2010.06.015
  26. Lee, B. R. (2010). A comparison of customer preference between domestic brands and licensed brands: Based on utilitarian products and hedonic products. [Master's thesis, Ajou University] Riss. https://www.riss.kr/link?id=T12158901
  27. Lee, I. (2016). The effect of popularity cue on purchase intention: The moderating role of product types and self-brand connection with perceived similarity as a mediating role. [Master's thesis, Seoul National University] Riss. https://www.riss.kr/link?id=T14066728
  28. Lee. T. M., & Kim, D. W. (2008). Consumers' cognitive, affective and behavioral responses to hit product awards as extrinsic cue: The moderating role of product involvement and product type. Korean Journal of Marketing, 23(4), 71-103.
  29. Lee, Y. (2004). Fashion and basic apparel goods in merchandising process(part I): Concept of fashion and basic apparel goods. Journal of the Korean Society of Clothing and Textiles, 28(2), 280-291.
  30. Li, H., Fang, Y., Wang, Y., Lim, K. H., & Liang, L. (2015). Are all signals equal? Investigating the differential effects of online signals on the sales performance of e-marketplace sellers. Information Technology & People, 28(3), 699-723. doi:10.1108/ITP-11-2014-0265
  31. Liu, Y. (2006). Word of mouth for movies: Its dynamics and impact on box office revenue. Journal of Marketing, 70(3), 74-89. doi:10.1509/jmkg.70.3.74
  32. Lu, X., Ba, S., Huang, L., & Feng, Y. (2013). Promotional marketing or word-of-mouth? Evidence from online restaurant reviews. Information Systems Research, 24(3), 596-612. doi:10.2139/ssrn.2272131
  33. McCracken, G. (1986). Culture and consumption: A theoretical account of the structure and movement of the cultural meaning of consumer goods. Journal of Consumer Research, 13(1), 71-84.
  34. Myers, J. R., & Sar, S. (2013). Persuasive social approval cues in print advertising: Exploring visual and textual strategies and consumer self-monitoring. Journal of Marketing Communications, 19(3), 168-181. doi:10.1080/13527266.2011.581303
  35. National Bureau of Statistics (2023, August 22). 2022年国内电子商务平台交易额43.8万亿元 同比增长3.5% [The transaction volume of domestic e-commerce platforms reached 43.8 trillion yuan in 2022, a year-on-year increase of 3.5%] 观点网. [Viewpoint Network]. Retrieved October 22, 2023, from https://baijiahao.baidu.com/s?id=1774895007150783746&wfr=spider&for=pc
  36. Ou, C. X., & Chan, K. C. (2014). Developing a competitive edge in electronic markets via institutional and social based quality signaling mechanisms. Information & Management, 51(5), 532-540. doi:10.1016/j.im.2014.04.002
  37. Park, D. H., Lee, J., & Han, I. (2007). The effect of on-line consumer reviews on consumer purchase intention: The moderating role of involvement. International Journal of Electronic Commerce, 11(4), 125-148. doi:10.2753/JEC1086-4415110405
  38. Park, H. H. (2021). Analysis of sales information of secondhand clothing goods on the C2C secondhand trading platform - Focusing on content analysis using NVivo. The Korean Fashion and Textile Research Journal, 23(3), 358-369. doi:10.5805/SFTI.2021.23.3.358
  39. Rindova, V. P., & Petkova, A. P. (2007). When is a new thing a good thing? Technological change, product form design, and perceptions of value for product innovations. Organization Science, 18(2), 217-232. doi:10.1287/orsc.1060.0233
  40. Schmitt, B., & Alex, S. (1996). Marketing aesthetics. NY: The Free Press.
  41. Siering, M., Muntermann, J., & Rajagopalan, B. (2018). Explaining and predicting online review helpfulness: The role of content and reviewer-related signals. Decision Support Systems, 108, 1-12. doi:10.1016/j.dss.2018.01.004
  42. Snyder, C. R., & Fromkin, H. L. (1977). Abnormality as a positive characteristic: The development and validation of a scale measuring need for uniqueness. Journal of Abnormal Psychology, 86(5), 518-527. doi:10.1037/0021-843X.86.5.518
  43. Taylor, V.A. & Bearden, W. (2002), The effects of price on brand extension evaluations: The moderating role of extension similarity. Journal of the Academy of Marketing Science, 30(2), 131-140. doi:10.1177/03079459994380
  44. Tsao, W., Hsieh, M., Shih, L., & Lin, T. M. (2015). Compliance with eWOM: The influence of hotel reviews on booking intention from the perspective of consumer conformity. International Journal of Hospitality Management, 46, 99-111. doi:10.1016/j.ijhm.2015.01.008
  45. van Herpen, E., Pieters, R., & Zeelenberg, M. (2009). When demand accelerates demand: Trailing the bandwagon. Journal of Consumer Psychology, 19(3), 302-312. doi:10.1016/j.jcps.2009.01.001
  46. Viglia, G., Furlan, R., & Ladron-de-Guevara, A. (2014). Please, talk about it! When hotel popularity boosts preferences. International Journal of Hospitality Management, 42, 155-164. doi:10.1016/j.ijhm.2014.07.001
  47. Wells, J. D., Parboteeah, V., & Valacich, J. S. (2011). Online impulse buying: understanding the interplay between consumer impulsiveness and website quality. Journal of Association for Information Systems, 12(1), 32-56. doi:10.17705/1jais.00254
  48. Zhang, K. Z., Zhao, S. J., Cheung, C. M., & Lee, M. K. (2014). Examining the influence of online reviews on consumers' decisionmaking: A heuristic-systematic model. Decision Support Systems, 67, 78-89. doi:10.1016/j.dss.2014.08.005