Differential Effects of the Valence and Volume of Online Reviews on Customer Share of Visits: The Case of US Casual Dining Restaurant Brands
Abstract
:1. Introduction
2. Conceptual Background
2.1. Online Reviews and eWOM
2.2. Customer Share
2.3. Hypotheses Development
3. Methods
3.1. Samples and Data
3.2. Operationalization and Measurement
3.3. Data Analysis
4. Results
4.1. Sample Characteristics
4.2. Descriptive Statistics
4.3. Hypotheses Testing
5. Conclusion and Implications
Author Contributions
Funding
Conflicts of Interest
References
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Freq. 1 | Pct. 2 | Freq. | Pct | ||
---|---|---|---|---|---|
Gender | Annual income | ||||
Male | 130 | 53.5 | Under $25,000 | 14 | 5.8 |
Female | 113 | 46.5 | $25,000–$39,999 | 27 | 11.1 |
Age | $40,000–$54,999 | 40 | 16.5 | ||
20–29 | 7 | 2.9 | $55,000–$69,999 | 33 | 13.6 |
30–39 | 30 | 12.3 | $70,000–$84,999 | 37 | 15.2 |
40–49 | 18 | 7.4 | $85,000–$99,999 | 27 | 11.1 |
50 or older | 188 | 77.4 | Over $100,000 | 65 | 26.7 |
Highest education obtained | |||||
Less than high school | 1 | 0.4 | |||
High school | 31 | 12.8 | |||
2-year college | 50 | 20.6 | |||
4 year college or university | 90 | 37.0 | |||
Postgraduate | 71 | 29.2 |
M | SD | 1 | 2 | 3 | 4 | 5 | 6 | 7 | |
---|---|---|---|---|---|---|---|---|---|
1. CSOV 1 | 25.33 | 21.19 | 1.00 | ||||||
2. eWOM Volume | 59.58 | 106.41 | 0.026 | 1.00 | |||||
3. eWOM Valence | 3.26 | 0.71 | 0.118 * | 0.244 ** | 1.00 | ||||
4. Avg. Check size | 32.11 | 36.53 | −0.020 | 156 * | 0.292 ** | 1.00 | |||
5. Frequency | 36.63 | 42.13 | 0.281 ** | −0.048 | -0.140 * | 0.070 | 1.00 | ||
6. Consideration Set | 6.98 | 3.84 | −0.269 ** | −0.034 | −0.011 | −0.070 | 0.225 | 1.00 | |
7. Preference | 4.79 | 1.36 | 0.076 | 0.162 * | 0.281 ** | 0.231 ** | 0.053 | −0.048 | 1.00 |
Model 1 | Model 2 | Model 3 | Model 4 | |
---|---|---|---|---|
Null Model | Null Model with Control Variables | Random Coefficient Regression Models | Random Coefficient Regression Models with Interaction Terms | |
Intercept | ||||
Intercept | 20.823 (1.359) | 14.320 (8.452) * | 14.057 (7.324) * | 13.765 (7.282) * |
Ave. Check size | −0.022 (0.035) | −0.035 (0.036) | ||
eWOM Valence | ||||
Intercept | 0.665 (1.758) | 2.108 (2.332) | 0.964 (2.414) | |
Avg. Check size | - | - | ||
eWOM Volume | ||||
Intercept | 0.008 (0.012) | 0.042 (0.021) ** | 0.045 (0.021) ** | |
Avg. Check size | - | - | ||
eWOM Valence * Avg. Check size | −0.165 (0.097) * | |||
eWOM Volume * Avg. Check size | 0.001 (0.001) | |||
Control | ||||
Average frequency of Dining-out | −0.204 (0.040) *** | −0.046 (0.035) | 3.783 (1.157) *** | |
Number of Restaurant in Consideration Set | −1.170 (0.318) ** | −1.371 (0.339) *** | −1.339 (0.3384) ** | |
Relationship Duration | 3.197 (1.103) ** | 4.006 (1.157) *** | 3.783 (1.157) *** | |
Restaurant Preference | 1.196 (0.171) *** | 0.959 (0.968) | 1.115 (0.968) | |
Variance Component | ||||
Intercept | 402.957 (39.816) | 389.377 (35.545) | 379.888 (34.679) | |
Level 1 | 13.0441 (20.591) | 11.209 (19.724) | - | |
Slope for valence | - | - | - | |
Slope for volume | - | - | - |
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Baek, J.; Choe, Y. Differential Effects of the Valence and Volume of Online Reviews on Customer Share of Visits: The Case of US Casual Dining Restaurant Brands. Sustainability 2020, 12, 5408. https://doi.org/10.3390/su12135408
Baek J, Choe Y. Differential Effects of the Valence and Volume of Online Reviews on Customer Share of Visits: The Case of US Casual Dining Restaurant Brands. Sustainability. 2020; 12(13):5408. https://doi.org/10.3390/su12135408
Chicago/Turabian StyleBaek, Jooa, and Yeongbae Choe. 2020. "Differential Effects of the Valence and Volume of Online Reviews on Customer Share of Visits: The Case of US Casual Dining Restaurant Brands" Sustainability 12, no. 13: 5408. https://doi.org/10.3390/su12135408
APA StyleBaek, J., & Choe, Y. (2020). Differential Effects of the Valence and Volume of Online Reviews on Customer Share of Visits: The Case of US Casual Dining Restaurant Brands. Sustainability, 12(13), 5408. https://doi.org/10.3390/su12135408