Completion requirements
Read this study, which analyzes consumer intent to repurchase a smartphone. The intention was derived as social influence, consumer satisfaction, emotional loyalty, and habit.
Research Implication
Theoretical Implication
This
study introduced the TRA (Theory of Reasoned Action) and Heuristic
theory, which are effective theories to explain consumer behavior. The
results of this study seem to be very simple; however, this approach
studied consumer behavior from a different perspective than other
studies. The result of this study was a deviation from the rational
aspect of consumer behavior research on the premise of reason to the
irrational aspect based on emotion, highlighting the necessity of
expanding consumer behavior research. In other words, this is a novel
exploration not found in previous studies and is a meaningful research
result that can expand the scope of research with differentiation from
existing studies. However, it was not found that the heuristic variable,
a variable of irrational concept, plays an important role among the
variables of TRA. On the other hand, social influence was found to
affect consumer purchasing behavior. The concept of TRA is based on
rational reason, but the results of this study explain that the TRA
should be expanded. In other words, when social influence was added to
the existing TRA variables, it was found that a more explanatory
research model was completed through the ANN algorithm. This is the
result of the study that suggested the possibility of overcoming the
theoretical limitations of the TRA's lack of explanation ability by
measuring social influence variables as important variables among the
TRA's variables. In other words, this is an analysis result that can
infer the necessity of expanding the premise of rational reason as an
additional test result that effectively explains consumer choice
behavior.
Managerial Implication
So
far, companies only introduce a fragmented customer strategy, such as
purchasing products at discounted prices, when they repurchase the same
brand products as those used to date, to encourage customers to
repurchase. Today, however, customer tendencies and characteristics are
more diverse. Therefore, intention to repurchase should also be studied
from various perspectives.
This paper found
that consumer satisfaction, emotional loyalty, and social influence have
a direct impact on consumer intentions to repurchase a smartphone.
However, the effect of social influence on intention to repurchase was
found to be insignificant.
If the product is
expensive (like a smartphone), analysis showed that the consumer uses
the product and repurchases the product if satisfied. Therefore, in
order to motivate consumers to repurchase smartphones, companies should
provide consumers with positive information about any new features and
the utilization value of the smartphone. This information can enhance
the consumer's usability of the product, which positively affects
satisfaction with the product. Therefore, companies need to consider a
number of strategies to increase consumer intentions to repurchase
smartphones. Primarily, consumer satisfaction needs to be improved by
demonstrating differentiated functions of smartphones and the
convenience and services they provide. Information that can improve the
usability of the product, as well as information about its superior
quality, affects the satisfaction of consumers. This has a positive
effect on repurchase.
Therefore, companies need
to consider several strategies to enhance customer intention to
repurchase smartphones. Firstly, they might improve customer
satisfaction by enhancing the functions of smartphones and the
convenience and services that they provide. Secondly, it is necessary
for them to provide positive information to customers through social
influence such as word of mouth.
Differentiation from Previous Research
Previous
studies focused on models of repurchase intention using customer
loyalty and customer satisfaction as independent variables. Moreover,
several researchers identified satisfaction and attitude as major
antecedents of customer repurchase intention.
According to such research, satisfaction is the overall level of a
customer's pleasure and contentment resulting from experience with the
service. However, the precise relationship between customers' learned
dispositions and preferences for perceived alternatives remains unclear.
This
paper discussed consumer repurchase intention by considering social
influence, customer satisfaction, emotional loyalty, and customer habit.
Differences between past research and this paper include the following:
-
This study examined whether customer habits directly affect their repurchase intention;
-
Marketing strategies for repurchase customers can differ from those for other competitors;
-
This study involved analyzing factors of social influence that directly affect repurchase intention.