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Why do consumers buy impulsively during live streaming? A deep learning-based dual-stage SEM-ANN analysis
Journal of Business Research, Volume: 147, Pages: 325 - 337
Swansea University Author: Yogesh Dwivedi
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DOI (Published version): 10.1016/j.jbusres.2022.04.013
Abstract
The power of livestreaming commerce to rake in billions of revenues within hours has thrust this nascent commercial model into the global spotlight; that said, despite the prevalence of impulsive buying in livestreaming commerce, the existing knowledge regarding the phenomenon remains relatively sca...
Published in: | Journal of Business Research |
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ISSN: | 0148-2963 |
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Elsevier BV
2022
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URI: | https://cronfa.swan.ac.uk/Record/cronfa59790 |
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2022-11-21T16:36:54.7870759 v2 59790 2022-04-11 Why do consumers buy impulsively during live streaming? A deep learning-based dual-stage SEM-ANN analysis d154596e71b99ad1285563c8fdd373d7 0000-0002-5547-9990 Yogesh Dwivedi Yogesh Dwivedi true false 2022-04-11 BBU The power of livestreaming commerce to rake in billions of revenues within hours has thrust this nascent commercial model into the global spotlight; that said, despite the prevalence of impulsive buying in livestreaming commerce, the existing knowledge regarding the phenomenon remains relatively scarce. This research seeks to unravel the critical determinants that influence consumers’ impulsive buying in livestreaming. Grounded in the Stimulus-Organism-Response paradigm, a framework is proposed to elucidate the underlying mechanism on how parasocial interaction, social contagion, vicarious experience, scarcity persuasion, and price perception translate into impulsive buying urge and behaviour in livestreaming commerce via the cognitive-affective processing system. A self-administered online questionnaire survey was conducted with 295 respondents. The data collected was validated empirically through a multi-analytical hybrid structural equation modelling-artificial neural network (SEM-ANN) technique. The results reveal that parasocial interaction, vicarious experience, scarcity persuasion, and price perception can drive cognitive and affective reactions, which in turn, induce impulsive buying urge, subject to the boundary condition of impulsive buying tendency. In sum, the findings have drawn some insightful theoretical and practical implications that can facilitate the advancement of livestreaming commerce in the modern business arena. Journal Article Journal of Business Research 147 325 337 Elsevier BV 0148-2963 Livestreaming commerce, Impulsive buying, Parasocial interaction, Vicarious experience 1 8 2022 2022-08-01 10.1016/j.jbusres.2022.04.013 COLLEGE NANME Business COLLEGE CODE BBU Swansea University SU Library paid the OA fee (TA Institutional Deal) None 2022-11-21T16:36:54.7870759 2022-04-11T11:27:48.8490238 Faculty of Humanities and Social Sciences School of Management - Business Management Pei-San Lo 1 Yogesh Dwivedi 0000-0002-5547-9990 2 Garry Wei-Han Tan 3 Keng-Boon Ooi 0000-0002-3384-1207 4 Eugene Cheng-Xi Aw 5 Bhimaraya Metri 6 59790__23896__4b7c4380485246f1bb6d04f5412d5a23.pdf 59790.Proof.pdf 2022-04-20T14:14:58.9981277 Output 1642857 application/pdf Version of Record true © 2022 The Author(s). This is an open access article under the CC BY-NC-ND license true eng https://creativecommons.org/licenses/by-nc-nd/4.0/ |
title |
Why do consumers buy impulsively during live streaming? A deep learning-based dual-stage SEM-ANN analysis |
spellingShingle |
Why do consumers buy impulsively during live streaming? A deep learning-based dual-stage SEM-ANN analysis Yogesh Dwivedi |
title_short |
Why do consumers buy impulsively during live streaming? A deep learning-based dual-stage SEM-ANN analysis |
title_full |
Why do consumers buy impulsively during live streaming? A deep learning-based dual-stage SEM-ANN analysis |
title_fullStr |
Why do consumers buy impulsively during live streaming? A deep learning-based dual-stage SEM-ANN analysis |
title_full_unstemmed |
Why do consumers buy impulsively during live streaming? A deep learning-based dual-stage SEM-ANN analysis |
title_sort |
Why do consumers buy impulsively during live streaming? A deep learning-based dual-stage SEM-ANN analysis |
author_id_str_mv |
d154596e71b99ad1285563c8fdd373d7 |
author_id_fullname_str_mv |
d154596e71b99ad1285563c8fdd373d7_***_Yogesh Dwivedi |
author |
Yogesh Dwivedi |
author2 |
Pei-San Lo Yogesh Dwivedi Garry Wei-Han Tan Keng-Boon Ooi Eugene Cheng-Xi Aw Bhimaraya Metri |
format |
Journal article |
container_title |
Journal of Business Research |
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147 |
container_start_page |
325 |
publishDate |
2022 |
institution |
Swansea University |
issn |
0148-2963 |
doi_str_mv |
10.1016/j.jbusres.2022.04.013 |
publisher |
Elsevier BV |
college_str |
Faculty of Humanities and Social Sciences |
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Faculty of Humanities and Social Sciences |
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School of Management - Business Management{{{_:::_}}}Faculty of Humanities and Social Sciences{{{_:::_}}}School of Management - Business Management |
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description |
The power of livestreaming commerce to rake in billions of revenues within hours has thrust this nascent commercial model into the global spotlight; that said, despite the prevalence of impulsive buying in livestreaming commerce, the existing knowledge regarding the phenomenon remains relatively scarce. This research seeks to unravel the critical determinants that influence consumers’ impulsive buying in livestreaming. Grounded in the Stimulus-Organism-Response paradigm, a framework is proposed to elucidate the underlying mechanism on how parasocial interaction, social contagion, vicarious experience, scarcity persuasion, and price perception translate into impulsive buying urge and behaviour in livestreaming commerce via the cognitive-affective processing system. A self-administered online questionnaire survey was conducted with 295 respondents. The data collected was validated empirically through a multi-analytical hybrid structural equation modelling-artificial neural network (SEM-ANN) technique. The results reveal that parasocial interaction, vicarious experience, scarcity persuasion, and price perception can drive cognitive and affective reactions, which in turn, induce impulsive buying urge, subject to the boundary condition of impulsive buying tendency. In sum, the findings have drawn some insightful theoretical and practical implications that can facilitate the advancement of livestreaming commerce in the modern business arena. |
published_date |
2022-08-01T04:17:21Z |
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1763754158800764928 |
score |
11.036706 |