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Article

Sustainable Brand Resilience: Mitigating Panic Buying through Brand Value and Food Waste Attitudes Amid Social Media Misinformation

by
Athanasios Poulis
1,*,
Prokopis Theodoridis
2 and
Evi Chatzopoulou
1
1
Department of Tourism Management, University of Patras, 26504 Patras, Greece
2
School of Social Sciences, Hellenic Open University, 26335 Patras, Greece
*
Author to whom correspondence should be addressed.
Sustainability 2024, 16(15), 6658; https://doi.org/10.3390/su16156658 (registering DOI)
Submission received: 18 June 2024 / Revised: 19 July 2024 / Accepted: 31 July 2024 / Published: 3 August 2024
(This article belongs to the Special Issue Sustainable Food Marketing, Consumer Behavior and Lifestyles)

Abstract

This study investigates the relationship between user-generated content on social media and panic buying, with a focus on how attitudes towards food waste and brand value act as moderating variables. Using Partial Least Squares Structural Equation Modeling (PLS-SEM), data from an online survey with 370 responses were analyzed. The findings show that user-generated content significantly contributes to the dissemination of inaccurate information, which in turn triggers panic buying. However, the impact of inaccurate information on panic buying is moderated by consumer attitudes towards food waste and brand value. Specifically, consumers with negative attitudes towards food waste and high brand trust are less likely to engage in panic buying when exposed to misinformation. These results suggest that promoting responsible consumption and leveraging brand value can mitigate the adverse effects of misinformation during crises. This study contributes to sustainability by providing insights into developing strategies for retailers and policymakers to manage consumer behavior, emphasizing the importance of accurate information and brand communication in reducing panic buying tendencies.
Keywords: brand value; panic buying; social media misinformation; food waste attitudes; crisis consumer behavior; sustainable consumption brand value; panic buying; social media misinformation; food waste attitudes; crisis consumer behavior; sustainable consumption

Share and Cite

MDPI and ACS Style

Poulis, A.; Theodoridis, P.; Chatzopoulou, E. Sustainable Brand Resilience: Mitigating Panic Buying through Brand Value and Food Waste Attitudes Amid Social Media Misinformation. Sustainability 2024, 16, 6658. https://doi.org/10.3390/su16156658

AMA Style

Poulis A, Theodoridis P, Chatzopoulou E. Sustainable Brand Resilience: Mitigating Panic Buying through Brand Value and Food Waste Attitudes Amid Social Media Misinformation. Sustainability. 2024; 16(15):6658. https://doi.org/10.3390/su16156658

Chicago/Turabian Style

Poulis, Athanasios, Prokopis Theodoridis, and Evi Chatzopoulou. 2024. "Sustainable Brand Resilience: Mitigating Panic Buying through Brand Value and Food Waste Attitudes Amid Social Media Misinformation" Sustainability 16, no. 15: 6658. https://doi.org/10.3390/su16156658

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