Investigation on Festival Consumption Promotion Mechanism in the Post-Pandemic Period: The Case of the Qingdao International Beer Festival
Abstract
:1. Introduction
2. Literature Review
2.1. Relationship between Familiarity and Overall Festival Image
2.2. Relationships between Overall Festival Image, Perceived Value and Overall Satisfaction
2.3. Relationships between Perceived Value, Overall Satisfaction and Loyalty Intention
2.4. Moderating Role of Visitor Involvement
3. Methodology
3.1. Study Context: The Qingdao International Beer Festival
3.2. Measurements
3.3. Data Collection and Sample Characteristics
4. Results
4.1. Common Method Variance
4.2. Measurement Model Analysis
4.3. Structural Equation Modeling
4.4. Moderation Analysis
4.5. Identification of Causal Recipes
4.6. Necessary Condition Analysis
5. Conclusions
5.1. Theoretical Implications
5.2. Social Implications
5.3. Managerial Implications
6. Limitations and Future Research
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Data Availability Statement
Conflicts of Interest
Appendix A
Appendix B
References
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Scale Items | Loading | α | KMO | Skewness (Std. Error) | Kurtosis (Std. Error) |
---|---|---|---|---|---|
Destination familiarity | 0.818 | 0.849 | |||
DF1—My familiarity with Qingdao made me more aware of the Qingdao International Beer Festival. | 0.909 | 0.164 (0.135) | −0.772 (0.268) | ||
DF2—My familiarity with Qingdao let me know more information about the Qingdao International Beer Festival. | 0.932 | −0.086 (0.135) | −0.339 (0.268) | ||
DF3—My experience with Qingdao made me feel interested in attending the Qingdao International Beer Festival. | 0.796 | 0.004 (0.135) | −0.794 (0.268) | ||
Product familiarity | 0.786 | 0.845 | |||
PF1—My familiarity with Tsingtao Beer made me more aware of the Qingdao International Beer Festival. | 0.841 | 0.263 (0.135) | −0.667 (0.268) | ||
PF2—My familiarity with Tsingtao Beer encouraged me to get to know the Qingdao International Beer Festival better. | 0.929 | −0.031 (0.135) | −0.533 (0.268) | ||
PF3—My recognition of Tsingtao Beer has made me more eager to attend the Qingdao International Beer Festival. | 0.867 | 0.158 (0.135) | −0.856 (0.268) | ||
Overall festival image | 0.913 | 0.869 | |||
OFI1—My overall image of the Qingdao International Beer Festival is positive. | 0.891 | −0.493 (0.135) | −0.149 (0.268) | ||
OI2—My overall image of the Qingdao International Beer Festival is preferable. | 0.910 | −0.527 (0.135) | −0.378 (0.268) | ||
OI3—The overall image I have of the Qingdao International Beer Festival is favorable. | 0.870 | −0.470 (0.135) | −0.350 (0.268) | ||
Perceived value | 0.883 | 0.836 | |||
PV1—Attending the Qingdao International Beer Festival is worth the price. | 0.831 | −0.147 (0.135) | −0.583 (0.268) | ||
PV2—Compared to other festivals, attending the Qingdao International Beer Festival is a good deal. | 0.904 | −0.078 (0.135) | −0.644 (0.268) | ||
PV3—Attending the Qingdao International Beer Festival offers a good value for the money. | 0.892 | −0.078 (0.135) | −0.613 (0.268) | ||
Overall satisfaction | 0.888 | 0.852 | |||
OS1—Overall, I am satisfied with my travel experience to the Qingdao International Beer Festival. | 0.912 | −0.295 (0.135) | −0.317 (0.268) | ||
OS2—My decision to attend the Qingdao Beer Festival was a great choice. | 0.895 | −0.268 (0.135) | −0.468 (0.268) | ||
OS3—As a whole, I have really enjoyed myself while attending the Qingdao International Beer Festival. | 0.894 | −0.334 (0.135) | −0.412 (0.268) | ||
Re-patronage intention | 0.830 | 0.821 | |||
RPI1—I will attend the Qingdao International Beer Festival again in the near future. | 0.979 | −0.277 (0.135) | −0.698 (0.268) | ||
RPI2—I am willing to attend the Qingdao International Beer Festival again in the near future. | 0.945 | −0.187 (0.135) | −0.872 (0.268) | ||
RPI3—I plan to attend the Qingdao International Beer Festival again in the near future. | 0.885 | −0.442 (0.135) | −0.607 (0.268) | ||
Recommendation intention | 0.889 | 0.839 | |||
RCI1—I will report positive experiences about the Qingdao International Beer Festival to others. | 0.846 | −0.170 (0.135) | −0.950 (0.268) | ||
RCI2—I will recommend the Qingdao International Beer Festival to family/friends/others. | 0.949 | −0.233 (0.135) | −0.836 (0.268) | ||
RCI3—I will encourage family/friends/relatives to attend the Qingdao International Beer Festival. | 0.916 | −0.162 (0.135) | −0.917 (0.268) | ||
Visitor involvement | 0.818 | 0.812 | |||
VI1—Attending the Qingdao International Beer Festival is somewhat of a pleasure to me. | 0.847 | −0.354 (0.135) | 0.095 (0.268) | ||
VI2—Attending the Qingdao International Beer Festival interests me a lot. | 0.898 | −0.159 (0.135) | −0.286 (0.268) | ||
VI3—I am deeply absorbed in the Qingdao International Beer Festival. | 0.812 | −0.009 (0.135) | −0.567 (0.268) |
Variable | Category | Distribution | Valid Percentage |
---|---|---|---|
Gender | Male | 196 | 59.8 |
Female | 132 | 40.2 | |
Age | Mean | 32.5 | |
Educational background | Bachelor’s degree | 150 | 45.6 |
Master’s degree | 77 | 23.5 | |
Three-year college degree | 54 | 16.6 | |
Doctorate or above | 47 | 14.3 | |
Occupation type | Company staff | 131 | 39.9 |
Civil servants or institution workers | 71 | 21.7 | |
Students | 54 | 16.3 | |
Others | 72 | 22.1 | |
Average monthly income | Under 2000 RMB | 40 | 12.2 |
2001–4000 RMB | 52 | 15.8 | |
4001–6000 RMB | 73 | 22.4 | |
Over 6001 RMB | 163 | 49.6 | |
Accommodation | Hotels | 153 | 46.7 |
Guesthouses | 130 | 39.6 | |
Others | 45 | 13.7 | |
Length of stay | Day trip | 68 | 20.7 |
1 night | 116 | 35.4 | |
2–3 nights | 125 | 38.2 | |
More than 3 nights | 19 | 5.7 | |
Visit purpose | Entertainment and relaxation | 202 | 61.6 |
Family togetherness | 120 | 36.6 | |
Others | 6 | 1.8 | |
Visit(s) frequency | 1 time | 215 | 65.6 |
2–4 times | 80 | 24.3 | |
Over 4 times | 33 | 10.1 | |
Visit time | 1st–29th festival (before 2019) | 168 | 51.2 |
30th–32nd festival (from 2020 to 2022) | 58 | 17.6 | |
33rd festival (only 2023) | 102 | 31.2 |
Total Variance Explained | ||||||
---|---|---|---|---|---|---|
Component | Initial Eigenvalues | Extraction Sums of Squared Loadings | ||||
Total | % of Variance | Cumulative % | Total | % of Variance | Cumulative % | |
1 | 13.950 | 24.911 | 24.911 | 13.950 | 24.911 | 24.911 |
Constructs | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
---|---|---|---|---|---|---|---|---|
1. Destination familiarity | 0.912 | 0.570 b | 0.173 | 0.172 | 0.177 | 0.165 | 0.187 | 0.262 |
2. Product familiarity | 0.755 a | 0.911 | 0.195 | 0.207 | 0.221 | 0.208 | 0.245 | 0.187 |
3. Overall festival image | 0.416 | 0.442 | 0.920 | 0.719 | 0.755 | 0.539 | 0.661 | 0.513 |
4. Perceived value | 0.415 | 0.455 | 0.848 | 0.908 | 0.821 | 0.584 | 0.663 | 0.555 |
5. Overall satisfaction | 0.421 | 0.470 | 0.869 | 0.906 | 0.928 | 0.667 | 0.774 | 0.630 |
6. Re-patronage intention | 0.406 | 0.456 | 0.734 | 0.764 | 0.817 | 0.942 | 0.750 | 0.445 |
7. Recommendation intention | 0.432 | 0.495 | 0.813 | 0.814 | 0.880 | 0.866 | 0.931 | 0.534 |
8. Visitor involvement | 0.512 | 0.507 | 0.716 | 0.745 | 0.794 | 0.667 | 0.731 | 0.889 |
AVE | 0.776 | 0.774 | 0.793 | 0.768 | 0.811 | 0.844 | 0.818 | 0.728 |
Mean | 4.97 | 4.98 | 5.54 | 5.18 | 5.38 | 5.70 | 5.54 | 5.18 |
Standard deviation | 1.118 | 1.090 | 1.188 | 1.118 | 0.998 | 0.988 | 1.077 | 1.015 |
Goodness-of-fit statistics for the measurement model: χ2 = 539.117, df = 220, χ2/df = 2.451; p < 0.001, RMSEA = 0.065; CFI = 0.963; IFI = 0.964; TLI = 0.954. |
Hypothesis | Coefficient | t-Value | 95% CIs (Lower–Upper Bounds) | Supported |
---|---|---|---|---|
H1: Destination familiarity → Overall festival image | 0.446 | 3.005 * | (0.235; 0.638) | YES |
H2: Product familiarity → Overall festival image | 0.432 | 2.870 * | (0.226; 0.597) | YES |
H3: Overall festival image → Perceived value | 0.827 | 15.244 *** | (0.557; 0.882) | YES |
H4: Overall festival image → Overall satisfaction | 0.420 | 5.781 *** | (0.260; 0.509) | YES |
H5: Perceived value → Overall satisfaction | 0.537 | 6.996 *** | (0.336; 0.691) | YES |
H6: Perceived value → Re-patronage intention | 0.319 | 3.327 *** | (0.210; 0.513) | YES |
H7: Perceived value → Recommendation intention | 0.341 | 3.478 *** | (0.215; 0.526) | YES |
H8: Overall satisfaction → Re-patronage intention | 0.702 | 7.014 *** | (0.476; 0.870) | YES |
H9: Overall satisfaction → Recommendation intention | 0.619 | 6.157 *** | (0.425; 0.753) | YES |
Total variance explained: R2 for overall festival image = 0.730; R2 for perceived value = 0.684; R2 for overall satisfaction = 0.838; R2 for re-patronization intention = 0.982; R2 for recommendation intention = 0.873 | ||||
Goodness-of-fit statistics for the structural model: Χ2 = 296.563, df = 179, χ2/df = 1.657; p < 0.001, RMSEA = 0.045; CFI = 0.979; IFI = 0.979; TLI = 0.975. |
On | ||||
---|---|---|---|---|
Indirect Effect of | Perceived Value | Overall Satisfaction | Re-Patronage Intention | Recommendation Intention |
Destination familiarity | 0.369 ** | 0.386 ** | 0.389 ** | 0.365 ** |
Product familiarity | 0.357 ** | 0.373 ** | 0.376 ** | 0.353 ** |
Overall festival image | - | 0.444 ** | 0.871 ** | 0.817 ** |
Perceived value | - | - | 0.377 ** | 0.332 ** |
Paths | High Group | Low Group | ||||
---|---|---|---|---|---|---|
(n = 227, Mean = 5.63) | (n = 101, Mean = 4.16) | Baseline Model | Nested Model | |||
β | t-Values | β | t-Values | (Freely Estimated) | (Equally Restricted) | |
H10a: DF→ OFI | 0.629 | 8.616 *** | 0.459 | 4.212 *** | χ2 (358) = 696.443 | χ2 (359) = 697.639 |
H10b: PF→ OFI | 0.444 | 6.191 *** | 0.591 | 4.997 *** | χ2 (358) = 696.443 | χ2 (359) = 697.892 |
H10c: OFI → PV | 0.732 | 9.687 *** | 0.775 | 6.844 *** | χ2 (358) = 696.443 | χ2 (359) = 696.510 |
H10d: OFI → OS | 0.491 | 5.643 *** | 0.291 | 2.087 *** | χ2 (358) = 696.443 | χ2 (359) = 696.870 |
H10e: PV → OS | 0.497 | 5.427 *** | 0.576 | 3.906 *** | χ2 (358) = 696.443 | χ2 (359) = 698.384 |
H10f: PV → RPI | 0.177 | 1.223 | 0.579 | 3.850 *** | χ2 (358) = 696.443 | χ2 (359) = 702.224 |
H10g: PV → RCI | 0.187 | 1.306 | 0.608 | 4.020 *** | χ2 (358) = 696.443 | χ2 (359) = 703.191 |
H10h: OS → RPI | 0.815 | 5.223 *** | 0.463 | 3.256 *** | χ2 (358) = 696.443 | χ2 (359) = 700.936 |
H10i: OS → RCI | 0.713 | 4.715 *** | 0.333 | 2.416 *** | χ2 (358) = 696.443 | χ2 (359) = 700.881 |
Baseline model goodness-of-fit indices: χ2 = 696.443, df = 358, χ2/df = 1.945; p < 0.001, RMSEA = 0.054; CFI = 0.930; IFI = 0.931; TLI = 0.918. | ||||||
Chi-square difference test: | ||||||
Δx2 (1) = 1.960, p > 0.05 H10a: not supported | ||||||
Δx2 (1) = 1.449, p > 0.05 H10b: not supported | ||||||
Δx2 (1) = 0.067, p > 0.05 H10c: not supported | ||||||
Δx2 (1) = 0.427, p > 0.05 H10d: not supported | ||||||
Δx2 (1) = 1.941, p > 0.05 H10e: not supported | ||||||
Δx2 (1) = 5.781, p < 0.05 H10f: supported (groups are different at the model level) | ||||||
Δx2 (1) = 6.748, p < 0.01 H10g: supported (groups are different at the model level) | ||||||
Δx2 (1) = 4.493, p < 0.05 H10h: supported (groups are different at the model level) | ||||||
Δx2 (1) = 4.438, p < 0.05 H10i: supported (groups are different at the model level) |
Causal models for high re-patronage intention | |||
A. RPI = f (DF, PF, OFI, PV, OS, VI) | |||
Raw coverage | Unique coverage | Consistency | |
M 1: DF*PF*OFI*PV*OS | 0.605 | 0.055 | 0.970 |
M 2: DF*OFI*PV*OS*VI | 0.596 | 0.046 | 0.974 |
Solution coverage: 0.651 | |||
Solution consistency: 0.969 | |||
Causal models for low re-patronage intention | |||
~A. RPI = f (DF, PF, OFI, PV, OS, VI) | |||
M 1: ~DF*~PF*~OFI*~PV*~OS | 0.595 | 0.365 | 0.965 |
M 2: DF*PF*~OFI*~PV*~OS*~VI | 0.297 | 0.067 | 0.937 |
Solution coverage: 0.662 | |||
Solution consistency: 0.954 |
Causal models for high recommendation intention | |||
B. RCI = f (DF, PF, OFI, PV, OS, VI) | |||
Raw coverage | Unique coverage | Consistency | |
M 1: DF*PF*OFI*PV*OS | 0.567 | 0.049 | 0.970 |
M 2: DF*OFI*PV*OS*VI | 0.558 | 0.039 | 0.972 |
Solution coverage: 0.607 | |||
Solution consistency: 0.963 | |||
Causal models for low recommendation intention | |||
~B. RCI = f (DF, PF, OFI, PV, OS, VI) | |||
M 1: ~DF*~PF*~OFI*~PV*~OS | 0.621 | 0.379 | 0.945 |
M 2: DF*PF*~OFI*~PV*~OS*~VI | 0.312 | 0.069 | 0.923 |
Solution coverage: 0.690 | |||
Solution consistency: 0.933 |
Antecedent Conditions | Outcome Conditions | |||
---|---|---|---|---|
RPI | RCI | |||
Con. | Cov. | Con. | Cov. | |
DF | 0.824 | 0.755 | 0.801 | 0.783 |
~DF | 0.478 | 0.491 | 0.485 | 0.532 |
PF | 0.783 | 0.774 | 0.779 | 0.821 |
~PF | 0.513 | 0.487 | 0.511 | 0.518 |
OFI | 0.948 | 0.892 | 0.898 | 0.873 |
~OFI | 0.471 | 0.453 | 0.483 | 0.495 |
PV | 0.847 | 0.876 | 0.800 | 0.883 |
~PV | 0.503 | 0.458 | 0.522 | 0.507 |
OS | 0.956 | 0.885 | 0.907 | 0.890 |
~OS | 0.483 | 0.440 | 0.497 | 0.483 |
VI | 0.777 | 0.771 | 0.765 | 0.810 |
~VI | 0.541 | 0.512 | 0.550 | 0.556 |
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© 2024 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).
Share and Cite
Zheng, X.; Chi, X. Investigation on Festival Consumption Promotion Mechanism in the Post-Pandemic Period: The Case of the Qingdao International Beer Festival. Sustainability 2024, 16, 6286. https://doi.org/10.3390/su16156286
Zheng X, Chi X. Investigation on Festival Consumption Promotion Mechanism in the Post-Pandemic Period: The Case of the Qingdao International Beer Festival. Sustainability. 2024; 16(15):6286. https://doi.org/10.3390/su16156286
Chicago/Turabian StyleZheng, Xinjie, and Xiaoting Chi. 2024. "Investigation on Festival Consumption Promotion Mechanism in the Post-Pandemic Period: The Case of the Qingdao International Beer Festival" Sustainability 16, no. 15: 6286. https://doi.org/10.3390/su16156286
APA StyleZheng, X., & Chi, X. (2024). Investigation on Festival Consumption Promotion Mechanism in the Post-Pandemic Period: The Case of the Qingdao International Beer Festival. Sustainability, 16(15), 6286. https://doi.org/10.3390/su16156286