The influence of perceived value on purchase intention in social commerce context
Abstract
Purpose
The purpose of this paper is to examine the effects of perceived benefits, i.e. utilitarian value, hedonic value and social value, as well as perceived risk, on purchase intention in social commerce context.
Design/methodology/approach
To cast light on the factors motivating users’ intention to purchase in the context of social commerce, data of 277 users of social commerce in China were collected via an online survey.
Findings
Results show that satisfaction significantly and positively affects users’ purchase intention in social commerce context. In addition, utilitarian, hedonic and social values have significant and positive impacts on satisfaction and purchase intention; and utilitarian value is found to be the most salient factor influencing purchase intention, while hedonic value has the greatest effect on satisfaction. Moreover, perceived risk significantly and negatively affects satisfaction.
Originality/value
Extant research on social commerce has mainly focused on investigating how the general perceived value affects user behavior, but has less considered different dimensions of perceived value. Moreover, prior studies have explored the roles of utilitarian and hedonic values on user behavior; however, there is a lack of research on the effect of social value. The current study attempts to fill these research gaps.
Keywords
Acknowledgements
This work was supported by grants from the National Natural Science Foundation of China (71403301), the Fundamental Research Funds for the Central Universities (16WKPY35) and Program of National Natural Science Fund (71271099).
Citation
Gan, C. and Wang, W. (2017), "The influence of perceived value on purchase intention in social commerce context", Internet Research, Vol. 27 No. 4, pp. 772-785. https://doi.org/10.1108/IntR-06-2016-0164
Publisher
:Emerald Publishing Limited
Copyright © 2017, Emerald Publishing Limited