Key Factors for Involvement Degree and Perceived Value in Consumers’ Purchase Intention in Unpacked Stores
Abstract
:1. Introduction
- Discuss the current environmental management issues facing unpacked stores;
- Understand the development context and dimensions of unpacked stores through expert interviews;
- Explore the model relationship between the involvement degree and the perceived value of consumers’ purchase intentions in unpacked stores through structural equation modeling;
- Explore the relationship and influencing factors of the involvement degree on the perceived value;
- Develop the elements of promoting and marketing unpacked stores by operators in the future;
1.1. Research Dimensions
1.1.1. Involvement Degree
1.1.2. Perceived Value
2. Materials and Methods
2.1. Expert Review Method
2.2. Structural Equation Modeling
3. Results
3.1. Verification of Normality
3.2. Verification of Offending Estimate
3.3. Verification of Fit
3.4. Verification of Convergent Validity
3.5. Verification of Discriminant Validity
3.6. Verification of Parameter Estimates
3.6.1. In Terms of the Involvement Degree Dimension
3.6.2. In Terms of Perceived Value Dimension
3.6.3. In Terms of Purchase Intention Dimension
3.7. Verification of Impact Effect
4. Discussion
4.1. Key Elements and Suggestions for Unpacked Stores Provided by Experts
4.2. Impact of Involvement Degree on Consumers’ Purchase Intentions
4.3. Impact of Perceived Value on Consumers’ Purchase Intentions
4.4. Limitations
4.5. Recommendations
5. Conclusions
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Acknowledgments
Conflicts of Interest
References
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Number | Interviewee | Organization | Relevant Experience/Research Field |
---|---|---|---|
A | Huang, founder | Unpacked store—unpackaged.u | Founder of the store, unpackaged.u |
B | Yang, founder | Sustainable Grocery Store—Housekeeping | Founder of Housekeeping |
C | Huang, Assistant Professor | Department of Communication Design China University of Technology | User and consumer psychology, creative marketing, content marketing, cultural and creative business management, innovation, and entrepreneurship |
Key Outline | Elements Summarized | |
---|---|---|
1 | Features of unpacked stores |
|
2 | Problems faced |
|
3 | Consumer demand |
|
4 | Promotion elements for unpacked stores |
|
Region | Taiwan |
---|---|
Age | over 18 (19–25 28%; 26–35 14%; 36–45 23%; Over 46 28%) |
People (N) | 342 (male 45% female 55%) |
Education | below high school 20%; university 35%; above graduate school 45% |
Marital | married 44%; unmarried 56% |
Salary (month) | below 10,000 18%; 10,000–30,000 29%; 30,000–60,000 39%; over 60,000 14% |
Questionnaire | on-lines, social-media channels |
(1) Involvement degree | |
---|---|
a1 | I think it is important to buy goods at an unpacked store. |
a2 | I think it is interesting to buy goods at an unpacked store. |
a3 | I think it is exciting to buy goods at an unpacked store. |
a4 | I think it means a lot to me to buy goods at an unpacked store. |
a5 | I think it is appealing to buy goods at an unpacked store. |
a6 | I think it is fascinating to buy goods at an unpacked store. |
a7 | I think it is valuable to buy goods at an unpacked store. |
a8 | I think it is engaging to buy goods at an unpacked store. |
a9 | I think it is needed to buy goods at an unpacked store. |
(2) Perceived value | |
Emotional value | |
b1_1 | I think it feels great to buy goods at an unpacked store. |
b1_2 | I think it will bring me a pleasant feeling if I buy goods at an unpacked store. |
b1_3 | I think I will take the initiative to buy goods at an unpacked store if I need to buy something. |
Quality value | |
b2_1 | I think the quality of the goods provided by unpacked stores is excellent. |
b2_2 | I think the quality of the goods provided by unpacked stores is above a certain level. |
b2_3 | I think the quality of the goods provided by unpacked stores is stable. |
Social value | |
b3_1 | I think it will improve my social status if I buy goods at an unpacked store. |
b3_2 | I think it will enhance my distinctive image if I buy goods at an unpacked store. |
b3_3 | I think I will gain more recognition from others if I buy goods at an unpacked store |
Price value | |
b4_1 | I think the prices of the goods sold in unpacked stores are reasonable. |
b4_2 | I think that if I buy goods at an unpacked store, the cost-effectiveness would be in line with my expectations. |
b4_3 | I think it is worth the money if I buy goods at an unpacked store. |
(3) Purchase intention | |
c3_1 | I am willing to go to unpacked stores to buy goods. |
c3_2 | I will give priority to shopping at unpacked stores when I need to buy something. |
c3_2 | I am willing to recommend unpacked stores to others. |
Statistical Verification Value | Standard Value | Original Result | Bootstrap Corrected Result | Fit Judgment | |
---|---|---|---|---|---|
Absolute goodness-of-fit indices | χ2(p ≥ α value) | The smaller, the better | 537.872 (p = 0.000) | 136.980 (p = 0.000) | Not meeting the standard value |
χ2/df | <3 | 5.325 | 1.356 | Meeting the standard value | |
GFI | >0.9 | 0.813 | 0.953 | Meeting the standard value | |
AGFI | >0.9 | 0.748 | 0.936 | Meeting the standard value | |
RMR | <0.08 | 0.040 | 0.040 | Meeting the standard value | |
SRMR | <0.08 | 0.057 | 0.057 | Meeting the standard value | |
RMSEA | <0.08 | 0.113 | 0.032 | Meeting the standard value | |
Incremental goodness-of-fit indices | NFI | >0.9 | 0.875 | 0.968 | Meeting the standard value |
NNFI | >0.9 | 0.876 | 0.990 | Meeting the standard value | |
CFI | >0.9 | 0.896 | 0.991 | Meeting the standard value | |
RFI | >0.9 | 0.852 | 0.962 | Meeting the standard value | |
IFI | >0.9 | 0.896 | 0.991 | Meeting the standard value | |
Parsimony goodness-of-fit indices | PNFI | >0.5 | 0.737 | 0.815 | Meeting the standard value |
PGFI | >0.5 | 0.604 | 0.707 | Meeting the standard value | |
CN | >200 | 80 | 313 | Meeting the standard value |
Dimension | Observed Variable | M | SD | SK | KU | SFL(t) | SE | SMC | EV | α | CR | AVE |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Involvement degree | Involvement degree | 0.923 | 0.895 | 0.590 | ||||||||
a1 | 3.839 | 0.863 | −0.643 | 0.816 | 0.714 (14.994) * | 0.184 | 0.510 | 0.364 | ||||
a2 | 4.009 | 0.764 | −0.924 | 1.767 | 0.73 (15.464) * | 0.161 | 0.533 | 0.271 | ||||
a3 | 3.640 | 0.858 | −0.217 | −0.043 | 0.828 (18.562) * | 0.171 | 0.685 | 0.231 | ||||
a4 | 4.199 | 0.786 | −1.055 | 1.911 | 0.595 (11.837) * | 0.176 | 0.354 | 0.398 | ||||
a5 | 3.713 | 0.890 | −0.659 | 0.519 | 0.863 (19.816) * | 0.173 | 0.744 | 0.202 | ||||
a6 | 3.558 | 0.850 | −0.226 | 0.113 | 0.843 (19.084) * | 0.168 | 0.711 | 0.208 | ||||
a7 | 4.029 | 0.795 | −0.858 | 1.440 | 0.672 (13.82) * | 0.173 | 0.452 | 0.346 | ||||
a8 | 3.556 | 0.881 | −0.221 | 0.159 | 0.849 (19.348) * | 0.173 | 0.722 | 0.215 | ||||
a9 | 3.833 | 0.838 | −0.368 | 0.027 | 0.685 (14.17) * | 0.181 | 0.470 | 0.371 | ||||
Perceived value | Emotional value | 0.835 | 0.857 | 0.668 | ||||||||
b1_1 | 3.798 | 0.776 | −0.466 | 0.615 | 0.857 (19.223) * | 0.154 | 0.735 | 0.159 | ||||
b1_2 | 3.693 | 0.812 | −0.407 | 0.574 | 0.84 (18.547) * | 0.164 | 0.706 | 0.193 | ||||
b1_3 | 3.535 | 1.006 | −0.512 | −0.180 | 0.751 (15.816) * | 0.213 | 0.563 | 0.441 | ||||
Quality value | 0.921 | 0.924 | 0.802 | |||||||||
b2_1 | 3.576 | 0.886 | −0.180 | −0.109 | 0.856 (19.413) * | 0.174 | 0.732 | 0.210 | ||||
b2_2 | 3.553 | 0.942 | −0.289 | −0.210 | 0.932 (22.412) * | 0.175 | 0.869 | 0.116 | ||||
b2_3 | 3.544 | 0.927 | −0.195 | −0.339 | 0.897 (20.995) * | 0.177 | 0.804 | 0.168 | ||||
Social value | 0.899 | 0.899 | 0.748 | |||||||||
b3_1 | 2.959 | 1.052 | 0.157 | −0.493 | 0.854 (18.983) * | 0.211 | 0.730 | 0.298 | ||||
b3_2 | 3.202 | 1.090 | −0.134 | −0.584 | 0.872 (19.686) * | 0.216 | 0.760 | 0.284 | ||||
B3_3 | 3.266 | 1.046 | −0.177 | −0.523 | 0.869 (19.522) * | 0.208 | 0.754 | 0.268 | ||||
Price value | 0.909 | 0.909 | 0.769 | |||||||||
b4_1 | 3.480 | 0.859 | 0.077 | −0.244 | 0.846 (18.983) * | 0.171 | 0.716 | 0.209 | ||||
b4_2 | 3.558 | 0.860 | −0.098 | −0.372 | 0.873 (19.969) * | 0.168 | 0.762 | 0.176 | ||||
b4_3 | 3.523 | 0.834 | −0.105 | 0.173 | 0.91 (21.389) * | 0.158 | 0.828 | 0.119 | ||||
Purchase intention | Purchase intention | 0.850 | 0.855 | 0.663 | ||||||||
c1 | 3.930 | 0.789 | −0.987 | 1.775 | 0.792 (16.997) * | 0.164 | 0.628 | 0.231 | ||||
c2 | 3.582 | 0.968 | −0.563 | 0.005 | 0.795 (17.07) * | 0.201 | 0.633 | 0.343 | ||||
c3 | 3.857 | 0.828 | −0.813 | 1.134 | 0.855 (19.036) * | 0.166 | 0.730 | 0.184 | ||||
Mardia | 219.130 | p (p + 2) = 624 | 0.962 |
Dimension | Number of Items | Correlation Coefficient | |||||
---|---|---|---|---|---|---|---|
A | B | C | D | E | F | ||
Involvement degree | 9 | 0.759 | |||||
A. Emotional value | 3 | 0.966 | 0.817 | ||||
B. Quality value | 3 | 0.670 | 0.712 | 0.896 | |||
C. Social value | 3 | 0.565 | 0.597 | 0.622 | 0.865 | ||
D. Price value | 3 | 0.708 | 0.742 | 0.780 | 0.713 | 0.877 | |
E. Purchase intention | 3 | 0.866 | 0.889 | 0.718 | 0.567 | 0.768 | 0.815 |
Parameter | Standardized Regression Weighting Coefficient | Standard Deviation | t Value | Error Variance | Squared Multiple Correlations | ||
---|---|---|---|---|---|---|---|
Involvement degree | -> | a1 | 0.720 * | 0.183 | 15.144 | 0.358 | 0.519 |
Involvement degree | -> | a2 | 0.724 * | 0.162 | 15.256 | 0.277 | 0.524 |
Involvement degree | -> | a3 | 0.826 * | 0.171 | 18.489 | 0.232 | 0.683 |
Involvement degree | -> | a4 | 0.590 * | 0.177 | 11.694 | 0.401 | 0.348 |
Involvement degree | -> | a5 | 0.864 * | 0.173 | 19.839 | 0.201 | 0.746 |
Involvement degree | -> | a6 | 0.843 * | 0.168 | 19.084 | 0.208 | 0.711 |
Involvement degree | -> | a7 | 0.668 * | 0.173 | 13.681 | 0.350 | 0.446 |
Involvement degree | -> | a5 | 0.852 * | 0.172 | 19.437 | 0.211 | 0.727 |
Involvement degree | -> | a9 | 0.686 * | 0.181 | 14.177 | 0.370 | 0.471 |
Perceived value | -> | b1 | 0.925 * | 0.102 | 11.302 | 0.082 | 0.856 |
Perceived value | -> | b2 | 0.756 * | 0.111 | 9.599 | 0.311 | 0.572 |
Perceived value | -> | b3 | 0.621 * | 0.116 | 8.559 | 0.575 | 0.385 |
Perceived value | -> | b4 | 0.769 * | 0.103 | 9.667 | 0.250 | 0.592 |
Purchase intention | -> | c1 | 0.790 * | 0.126 | 8.262 | 0.234 | 0.623 |
Purchase intention | -> | c2 | 0.803 * | 0.153 | 8.508 | 0.332 | 0.645 |
Purchase intention | -> | c3 | 0.850 * | 0.140 | 8.390 | 0.190 | 0.723 |
Involvement degree | -> | Perceived value | 0.930 * | 0.270 | 9.363 | 0.049 1 | 0.864 3 |
Involvement degree | -> | Purchase intention | 0.028 | 0.391 | 0.192 | 0.054 2 | 0.860 3 |
Perceived value | -> | Purchase intention | 0.901 * | 0.198 | 4.476 |
Latent Independent Variable | Latent Dependent Variable | Direct Effect | Indirect Effect | Overall Effect | Is the Hypothesis Established |
---|---|---|---|---|---|
Involvement degree | Purchase intention | 0.028 | 0.838 * (0.930 * 0.901) | 0.866 | H1 is not established H4 is established |
Perceived value | 0.901 * | — | 0.901 | H4 is established | |
Involvement degree | Perceived value | 0.930 | — | 0.930 | H4 is established |
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Tu, J.-C.; Lo, T.-Y.; Sie, Y.-J.; Kao, T.-F. Key Factors for Involvement Degree and Perceived Value in Consumers’ Purchase Intention in Unpacked Stores. Sustainability 2021, 13, 12563. https://doi.org/10.3390/su132212563
Tu J-C, Lo T-Y, Sie Y-J, Kao T-F. Key Factors for Involvement Degree and Perceived Value in Consumers’ Purchase Intention in Unpacked Stores. Sustainability. 2021; 13(22):12563. https://doi.org/10.3390/su132212563
Chicago/Turabian StyleTu, Jui-Che, Ting-Yun Lo, Yi-Jing Sie, and Tsai-Feng Kao. 2021. "Key Factors for Involvement Degree and Perceived Value in Consumers’ Purchase Intention in Unpacked Stores" Sustainability 13, no. 22: 12563. https://doi.org/10.3390/su132212563
APA StyleTu, J. -C., Lo, T. -Y., Sie, Y. -J., & Kao, T. -F. (2021). Key Factors for Involvement Degree and Perceived Value in Consumers’ Purchase Intention in Unpacked Stores. Sustainability, 13(22), 12563. https://doi.org/10.3390/su132212563