The Impact of Scarcity of Medical Protective Products on Chinese Consumers’ Impulsive Purchasing during the COVID-19 Epidemic in China
Abstract
:1. Introduction
- To integrate relevant constructs from the theory of scarcity, S-O-R and bandwagon effect to develop multiple ways for explaining the scarcity effect on consumers’ impulsive purchasing;
- To find the influences of scarcity on impulsive purchasing by examining mediating ways such as fear of missing out and perception (perceived quality, perceived cost and perceived value);
- To examine the relationships between scarcity and perceived quality;
- To assess the mediating effect of perceived cost on the relationship between perceived quality and perceived value and the mediating effect of the fear of missing out on the relationship between scarcity and impulsive purchasing;
- To find the moderating effect of bandwagon on the relationship between scarcity and impulsive purchasing;
- To test the relationship between perceived value and impulsive purchasing.
2. Literature Review
2.1. Scarcity Model
2.2. S-O-R Model
2.3. Bandwagon Effect
2.4. Relationship between Scarcity and Perceived Quality
2.5. Relationship between Scarcity, Fear of Missing out and Impulsive Purchasing
2.6. Relationship between Perceived Quality, Perceived Cost and Perceived Value
2.7. Relationship between Scarcity, Bandwagon Effect and Impulsive Purchasing
2.8. Relationship between Perceived Value and Impulsive Purchasing
3. Research Methodology
3.1. Measurement and Scale
3.2. Sampling Design and Data Collection
4. Analysis and Discussion
4.1. Measurement Model
4.2. Structural Model
4.3. Discussion
5. Contributions
6. Limitation and Future Research
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Data Availability Statement
Conflicts of Interest
Appendix A
Construct | Measurement Items |
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Scarcity |
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Bandwagon |
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Perceived quality |
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Fear of Missing out |
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Perceived cost |
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Perceived value |
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Impulsive purchasing |
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Measure | Item | Frequency | Percent% |
---|---|---|---|
Gender | Male | 221 | 43.4 |
Female | 288 | 56.6 | |
Age | 25 and under | 138 | 27.1 |
26–35 | 220 | 43.2 | |
36–45 | 93 | 18.3 | |
46–55 | 43 | 8.4 | |
56 over | 15 | 2.9 | |
Occupation | Public official | 231 | 45.4 |
Unemployed | 40 | 7.9 | |
Retired | 12 | 2.4 | |
Student | 107 | 21 | |
Other | 119 | 23.4 | |
Income (RMB) | 2500 or less | 157 | 30.8 |
2501–3500 | 114 | 22.4 | |
3501–4500 | 91 | 17.9 | |
4501–5500 | 73 | 14.3 | |
5501–6500 | 31 | 6.1 | |
6501 and above | 43 | 8.4 | |
Education Level | High school (including technical secondary school) and lower | 97 | 19.1 |
College degree | 164 | 32.2 | |
Graduate degree | 205 | 40.3 | |
Postgraduate degree and higher | 43 | 8.4 | |
You are a medical worker | Yes | 41 | 8.1 |
No | 468 | 91.9 | |
Medical protective products are scarcity | Yes | 371 | 72.9 |
No | 138 | 27.1 | |
The high price of medical protective products | Yes | 392 | 77 |
No | 117 | 23 | |
Total | 509 | 100 |
Constructs | CA | CR | AVE | Discriminate Validity | ||||||
---|---|---|---|---|---|---|---|---|---|---|
FOMO | 0.873 | 0.922 | 0.797 | 0.893 | ||||||
Bandwagon | 0.880 | 0.918 | 0.736 | 0.576 | 0.858 | |||||
Impulsive Purchasing | 0.908 | 0.932 | 0.732 | 0.521 | 0.572 | 0.855 | ||||
Perceived Quality | 0.925 | 0.944 | 0.770 | 0.435 | 0.488 | 0.469 | 0.878 | |||
Perceived Cost | 0.900 | 0.930 | 0.770 | 0.527 | 0.510 | 0.557 | 0.456 | 0.878 | ||
Perceived Value | 0.830 | 0.888 | 0.666 | 0.537 | 0.599 | 0.509 | 0.541 | 0.555 | 0.816 | |
Scarcity | 0.880 | 0.912 | 0.675 | 0.492 | 0.525 | 0.493 | 0.515 | 0.639 | 0.535 | 0.822 |
Hypotheses | Path | Std. Beta (β) | t-Value | Result |
---|---|---|---|---|
H1 | Scarcity→Perceived quality | 0.515 | 12.390 | Supported |
H2 | Scarcity→Impulsive purchasing | Supported | ||
Total effect | 0.338 | 6.426 | ||
Direct effect | 0.224 | 4.003 | ||
Indirect effect | 0.082 | 3.003 | ||
H3 | Perceived quality→Perceived value | Supported | ||
Total effect | 0.541 | 13.547 | ||
Direct effect | 0.364 | 7.510 | ||
Indirect effect | 0.177 | 6.613 | ||
H4 | Moderating Effect 1→Impulsive purchasing | 0.136 | 3.679 | Supported |
H5 | Perceived value→Impulsive purchasing | 0.115 | 1.967 | Supported |
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Zhang, J.; Jiang, N.; Turner, J.J.; Pahlevan Sharif, S. The Impact of Scarcity of Medical Protective Products on Chinese Consumers’ Impulsive Purchasing during the COVID-19 Epidemic in China. Sustainability 2021, 13, 9749. https://doi.org/10.3390/su13179749
Zhang J, Jiang N, Turner JJ, Pahlevan Sharif S. The Impact of Scarcity of Medical Protective Products on Chinese Consumers’ Impulsive Purchasing during the COVID-19 Epidemic in China. Sustainability. 2021; 13(17):9749. https://doi.org/10.3390/su13179749
Chicago/Turabian StyleZhang, Jingjing, Nan Jiang, Jason James Turner, and Saeed Pahlevan Sharif. 2021. "The Impact of Scarcity of Medical Protective Products on Chinese Consumers’ Impulsive Purchasing during the COVID-19 Epidemic in China" Sustainability 13, no. 17: 9749. https://doi.org/10.3390/su13179749
APA StyleZhang, J., Jiang, N., Turner, J. J., & Pahlevan Sharif, S. (2021). The Impact of Scarcity of Medical Protective Products on Chinese Consumers’ Impulsive Purchasing during the COVID-19 Epidemic in China. Sustainability, 13(17), 9749. https://doi.org/10.3390/su13179749