TITLE

Souvenir Purchase Decision: Effects from Online Availability

AUTHOR(S)
Abendroth, Lisa J.
PUB. DATE
January 2009
SOURCE
Advances in Consumer Research - Asia-Pacific Conference Proceedi;2009, Vol. 8, p237
SOURCE TYPE
Conference Proceeding
DOC. TYPE
Article
ABSTRACT
The growing presence of Internet commerce is changing the retail landscape in more ways than one. Shopping in one's home region, consumers typically have plenty of opportunities to frequent both physical and online stores. However, when shopping in a distant location, consumers face a different situation. Typically, the purchase opportunity is limited to the time spent at the destination, and during that time consumers only frequent physical stores. However, retailers in tourist destinations are increasingly developing websites that extend the purchase opportunity to well beyond the trip's end. While this may be perceived as providing convenience to travelers, retailers also hope that it will increase sales, as tourists may make additional purchases after they've returned home. However, it is not clear that adding a website is always beneficial. The goal of this research is to examine how changing the nature of the purchase opportunity by mentioning a website affects decision-making while on vacation and again after returning home. Research on souvenirs has found that tourists are more likely to purchase items that are evaluated highly on unique or aesthetic properties (Kim and Littrell 2001). Research also finds that tourists are motivated not to go home empty handed (Tumbat 2003). But perhaps there is also something inherently different about the purchase situation at vacation destinations. Specifically, if souvenirs are only available at the destination, that limitation might affect the way tourists process information when making a purchase decision. Limiting a purchase opportunity to one's time at a destination can be viewed as a type of scarcity, and as such can be expected to increase the perceived value of an item (Cialdini 1993). However, in addition to monetary value, souvenirs also have reminder value (Love and Sheldon 1998; Tumbat 2003). Because making an item available anywhere at anytime should weaken the association between the item and the destination, I predict that reminder value should be greater when an item can only be purchased at the destination. I further expect this increase in reminder value to heighten purchase intentions just as monetary value does in other scarcity contexts. Tourists may also perceive a forfeiture situation when the purchase opportunity is limited to a specific time and place. As a result, nonpurchase may lead to feelings of loss and regret (Abendroth and Diehl 2006). While loss aversion may play a role in the initial purchase decision, nonpurchases tend to be regretted more than purchases after the opportunity has passed, reversing the omission bias. If and when a later purchase opportunity arises, I predict that the intensity of long-term regret associated with nonpurchase should lead to greater purchase intentions. I also expect that reactance caused by the earlier limitation may lead consumers to pursue limited items with greater determination. Two experiments were conducted using scenarios to simulate a souvenir purchase decision on a trip to Hawaii. I manipulated item type (Hawaiian-styled coral or classic-styled pearl necklace) and website availability (presence or absence of a website for later purchase), and then measured purchase intent, attitudes toward the souvenir, and regret. The findings indicate that purchase limitation increased initial purchase intent by increasing the souvenir's reminder value, regardless of item type, while the item's monetary value was unaffected by the temporal limitation. This finding is significant for two reasons. Within the scarcity literature, it suggests that a new and qualitatively different type of valuation exists and is affected by scarcity. Within the souvenir literature, it identifies a mechanism -- limiting purchase to the location -- for increasing an item's reminder value.…
ACCESSION #
43492289

 

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