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Transcript of 11 4 版本BRM proposal
1
Business research methods
proposal
Factors Influencing Customers’
Purchase Intention for Clothing
Product
Group 2 Wang Qinchao 1130200112
( leader)
Bao Zhiyuan 1130200002
3
Content
1.Introduction
--------------------------------------
-----3
1.1 statement of
problem------------------------------------------
------3
1.2 objectives of
research-----------------------------------------
------4
4
2. Literature
review--------------------------------
-----5
2.1 Dependent variable--customers’ purchase
intention--------------5
2.2 independent variable--brand
awareness---------------------------5
2.3 independent variable-- perceived
quality--------------------------6
2.4 independent variable--perceived
value----------------------------7
2.5 independent variable--purchase
convenience---------------------8
5
3. Hypotheses-------------------------
--------------------9
4. Data
source--------------------------------
-------------12
5.
Methodology---------------------------
----------------12
5.1 measurement of
variables----------------------------------------
--12
6
5.2 hypothesis testing
model-------------------------------------------
12
5.3 pilot
test---------------------------------------------
-----------------14
5.4 limitations
-------------------------------------------------
-----------14
Topic:
7
Factors Influencing Customers’
Purchase Intention for Clothing
Product
1. Introduction 1.1 Statement of problem 王王王王(,1130200112)
Buyer market has become more prominent and has developed
a lot since 1979, which implies companies should lock the
targets toward consumers according to the demand of
consumers (Li, A.Y.2008). Recently, along with the rapid
development of economy and technology, whatever product
field or service field have to face fierce competition.
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How to attract customers and what is their actual needs
are the main parts of Marketing Department for a company.
Nowadays, some enterprise take efforts to increase the
profit by promoting the brand and price, but sometimes it
is not effective. There is likely to be effective in the
short term. We think there are some other significant
factors impact on customers’ purchase intention.
However, according to the literatures and researches in
terms of clothes purchase intention, we found that most
of them merely focus on the factors and the proportion
and weight of them. Few researches apply the results into
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a specific field and put forward the suggestions based on
the results. So we will choose a kind of product as our
target to research. Because there are many products we
used in our daily life. Among large majority of products,
we choose to research the clothes field. Several reasons
are followed to illustrate why we choose it and why it
motivates us to do the research.
Firstly, clothes are fundamental consumption for
everyone in the daily life. As people’s life become
better and better, they pay more attention to the
appearance. In the simple consumption process which most
10
of people have experienced, the factors impact on
purchase intention maybe not so simple. And people will
be interest in this topic because everyone is familiar
with it. At the same time, it means we can collect data
from our school’s students and it is help for our
research.
Secondly, there are a lot of people can not
consumption rationally maybe because they don’t know
specific factors impact on their purchase intention. This
research results can do favor with them.
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Moreover, there are many clothes brand companies want
to know how to be more attractive with customers so that
make more profit. Thus, making more companies earn much
more money and customers consumption rationally motivate
us to take it as the research target.
1.2 Objective of research 王王王王(,1130200112)
This study is mainly concerned with the following
research questions. What and how variables affect the
consumers' purchase intention in buying clothes? Are they
different from other products? The purpose of our
research is to find out what factors have positive or
12
negative effect on purchase intention. Through the data
analyze of variables based on research model or theory,
we can make a conclusion and give some suggestions to the
field that is involved in this research. In short, the
pivotal process is to collect and analyze data, finding
out the correlation among these variables to convince our
hypotheses. Through the outcome of our research, we will
give some suggestions to different kinds of clothing
brand companies based on their current situation in the
competitive environment.
2. Literature review
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2.1 Dependent variable--customers’ purchase
intention
王王王王(,1130200112)
Purchase intention is defined as the probability that
the consumer will purchase the product. According to
Theory of Planned Behavior (TPB), an individual’s
performance of a certain behavior is determined by his or
her intent to perform that behavior [3], [8], [9]. Intent
is itself informed by attitudes toward the behavior,
subjective norms about engaging in the behavior, and
perceptions about whether the individual will be able to
14
successfully engage in the target behavior (George, 2004)
[11], [28]. Purchase intention also can be classified as
one of the components of consumer cognitive behavior on
how an individual intends to buy a specific brand or
product. Laroche, Kim and Zhou (1996) said. Purchase
intention is important to companies marketing research(
Woodruff and Gardial 1996). On the whole, the study of
purchase intention was recognized to be important by
reason of its long term implications (Ritti & Silver,
1986)
15
2.2 Independent variable--brand awareness 王王王( ,
1130200112)
Ability of a retailer and consumer to organize and
recall a brand is known as brand awareness (Aaker, 1996).
Brand recall means when retailer as well as consumers
watch a manufactured goods set, they can evoke a product
name completely, and brand acknowledgment signify
retailer and customers also has capability to recognize a
brand when it is prompt. Hoeffler & Keller (2002)
identified intensity and width as measures of brand
awareness. If a product has brand concentration and size
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simultaneously, then firstly the retailer and then
consumers will think of a particular brand whenever going
for buying if product has huge awareness. Furthermore,
brand name is very important factor in building a image
of the brand (Davis, Golicic & Marquardt, 2008). A brand
name offers a character that will help retailer and
consumers to spot service providers and to expect the
outcomes of the service (Turley & Moore, 1995). Brand
consciousness will have an impact on buying purpose as
customers have a tendency to pay money for a known and
famous product (Keller, 1993; Macdonald & Sharp, 2000).
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Brand consciousness makes customers to be aware with a
product from a creation group line and then build an
intension of purchase (Percy & Rossiter, 1992). A product
with high brand awareness will obtain more retailers as
well as consumer fondness because it has increased market
share and quality belief attached with it (Dodds et al.,
1991). In a word, brand awareness is a key factor to
impact on customers’ purchase intention.
2.3 Independent variable-- perceived
quality
王王王王(,1130200112)
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Apparent excellence is a user verdict on the total
creation advantages and negativity towards quality of the
product (Dodds et al., 1991). Aaker (1991) dibates that
apparent eminence can prove the outstanding segregation
of a creation or a service and results in being most
preferred in consumers thinking. Manufacturers, retailer
and consumers have always different analysis on the
decision regarding the quality magnitude (Aaker,1996).
Though patrons have enough information, they may be
inadequate in point in time and stimulation to do added
decision, and in the closing stages they can only choose
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minor vital information and make any decision on quality
(Wan, 2006). Perceived quality can be influenced by
concerns such as past experience, education picked out
jeopardy and provisional variables such as purchase
cause, pay for state, occasion force, and community
settings of customers (Holbrook & Corfman, 1985).
Garretson and Clow (1999) propose that recognized class
will sway customer trade idea, and Monore (1990) shows
that chosen out quality will optimistically control
purchase intention.
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2.4 Independent variable--perceived value 王王王( ,
1130200112)
Prior research indicates that perceived value (i.e.,
the consumer’s perception of price) is formed based on
the actual (objective) price and the consumer’s reference
price (Winer 1986; Erickson and Johansson 1985). Zeithaml
(1988) defines perceived value as "the consumer's overall
assessment of the utility of a product based on
perceptions of what is received and what is given."
Monroe (1990) views customer value as "a consequence of
evaluating perceived quality and benefits in the product
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or service and perceived cost of acquiring and using
them." As such, value is defined as the trade-off between
benefits, i.e., the "get" component, and sacrifices,
i.e., the "give" component (Woodruff and Gardial 1996).
Several researchers have argued that the total perceived
value of a product being considered for purchase is
further broken down into two categories: acquisition
value and transaction value (Grewal, Monroe and Krishnan
1998; Lichtenstein, Netemeyer and Burton1990; Monroe
1990; Monroe and Chapman 1987; Thaler 1983, 1985; Urbany
etal. 1997). Acquisition value is the expected benefit to
22
be gained from acquiring the product compared to the net
cost of paying for it (Thaler 1985). It can be thought of
as the difference between the price one would pay for
acquiring a product of this quality and the current
price. Transaction value comes from the feeling of having
received a good bargain or deal, which is independent of
quality consideration (Thaler 1983, 1985). Buyers are
thought to experience pleasure from the fact they buy the
product at a price less than the regular price, and/or
less than the price of other similar products in the
store (or another store). The total value received by the
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purchaser is thought to be the sum of acquisition value
and transaction value, both of which are considered
antecedents to actual purchase behavior. So perceived
price has significant impact on customers’ purchase
intention.
2.5 Independent variable--purchase
convenience
王王王王(,1130200112)
Researchers agree that convenience has a major impact
on consumers´ buying decisions. Convenience can be
defined as the time and effort consumers use in
purchasing a product or service rather than a
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characteristic or attribute of a product (Brown, 1990).
The convenience orientation is manifested in the use of
various home-shopping modes and pick-up and delivery
services (Brown, 1990, Berry et al., 2002; Luqmani et
al., 1994). It is in the stages prior to purchase where
the consumer evaluates the different channels for
purchase, assessing the use of time, effort and waiting
time. This is why the consumer has assessed various
alternatives by which to make the purchase and seeks to
provide added value. This added value is that which is
considered convenience (Seiders et al., 2000). Thus,
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assuming that consumers will seek to optimize their
choices, the selection of choosing to use the Internet
over other traditional methods by the consumer is based
on the choice of that alternative which provides the
greatest perceived utility or net value. The choice may
differ from one consumer to another even for the same
product, and the same consumer may even make an
alternative choice for the same category of product that
might differ from an earlier choice. Likewise, the
assessment of perceived utility in the selection of a
channel will be determined by the subjective probability
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that the final outcome of the purchasing process
(Bhattacherjee, 2001) will increase when using that
distribution channel. This assessment of perceived
utility would be determined by all the attributes of the
total purchase experience including both the tangible and
the intangible attributes (waiting time, effort,
opportunity costs). Previous research has shown that
consumer trust of the Internet and specific websites is
fundamental to participating in online marketing (Ha and
Stoel, 2009; Pavlou and Fygenson, 2006). Purchasing
convenience becomes a major factor impact on purchase
27
intention.
3. Hypotheses
3.1 brand awareness 王王王王(,1130200033)
Brand awareness means the ability of potential buyers
to recognize or recall a brand in the certain products.
It relates to the associations of product category and
bra8nd . Brand awareness is divided into 3 distinct
levels , the lowest level of brand awareness is brand
recognition, which is determined by the memory test, such
as through the telephone survey, given a particular
product category of a series brand name, asked
respondents to answer which brand they've heard. Although
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it needs to make brand and product related, but this
connections do not need be very strong. Brand recognition
is the lowest level of brand awareness, but it is also
the most important. The first mention awareness is a
special state, which is the highest level of brand
awareness . Specifically, this means that the brand
status is higher than other brands in people’s heart. If
the enterprise has this brand awareness, it will have a
strong competitive advantage. Moreover, Reyne Rice (2012)
demonstrate that brand awareness had a positive
relationship with purchase intention and it also had an
29
influence at maintain the long term business. That means
consumers would like to buy the product that has high
degree of brand awareness Hence, we predicted that:
H1:brand awareness positively affects the
purchase intention.
3.2 perceived quality 王王王王(,1130200002)
According to Wang, M.(2007), consumers’ recognition
and purchase are the premises of selling’s success, and
are based on the perceptions of clothing’s quality. So we
can assume that clothing’s quality and consumer purchase
intention has a positive correlation. It means that the
30
clothing has better quality; consumers will have more
purchase intention.
H2. University student customers prefer the
clothing have good quality, which will
correspondingly enhance consumer purchase
intention.
3.3 perceived value 王王王王(,1130200150)
Kwom and Schumann (2001) reported that the results of
their experiment gave support for the concept that the
expected future price can influence perceived value and
customers’ purchase intention. So we can assume that the
31
student customers’ perceived value for the clothes can
have an effect on their decision, which means whether or
not they are willing to purchase the clothes.
Based on the real experience, if the perceived value
people have is close to the actual market price, it is
easier for them to accept the price and buy the goods.
The same logic can be used in this case. If the students
tend to accept the market price, they are more likely to
buy the clothes.
So according to the literature research and the real
experience, we assume that the perceived value of the
32
clothes can have an impact on the university student
customers’ purchase intention for the clothes.
H3: The perceived value of the clothes can have
an impact on the university student customers’
purchase intention for the clothes.
3.4 purchase convenience(王王王,1130200026)
According to Alicia and Roberta J(2011), under high
involvement, purchasing via the Internet offers
significant cost saving and time benefits to consumers,
the effect of Internet convenience on intention to
purchase via the Internet is positive. So we can assume
33
that purchase convenience and consumers’ purchasing
intention is positive.
H4: Customers prefer purchase clothes in
convenient way are provided to consumers of
loyalty program, which will correspondingly
enhance consumer loyalty.
4. Data source 王王王王(,1130200112)
We use the primary data provided by our questionnaire
and send the questionnaire through both computer and
paper directly to the respondents. During the research,
34
we use the convenience samples method (Cooper and
Schindler, 2011) to randomly choose 250 students in UIC
to ask them to do our questionnaire and collect 224 valid
questionnaires in total. Our respondents include 100
males and 124 females. Besides, we sent the
questionnaires through deferent channels: 30
questionnaires are from internet and 194 through paper.
The paper questionnaires were randomly sent to students
in F204, canteens and the library in UIC.
5. Methodology
5.1 measurement of variables(王王王,1130200150)
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We have done a self-administrated questionnaire about
this project. The questionnaires are focus on the
university students and distributed mainly to the
students who are studying in UIC and BNU. Also a part of
the questionnaires are sent through the internet to the
students in other universities. Totally we have
distributed 250 questionnaires, after excluding the
questionnaires with some error, which are the response
error and the participant error, only 224 questionnaires
are valuable.
5.2 hypothesis testing methods 王王王王(,130200002)
36
In this research, we will test whether brand
popularity, perceived quality, perceived price and
purchase convenience would affect consumers’ purchase
intention. According to the variables’ definitions and
measurements that we had mention before, here we could
establish the regression models below:
A multiple regression model with one dependence
variable (purchase intention) and four independence
variables (brand awareness, perceived quality, perceived
price and purchase convenience ). That is:
Y =β0 +β1 Bi + β2 PQi + β3 PPi + β4 PCi +εi
Bi = Brand awareness
37
PQi = Perceived quality
PPi = Perceived value
PCi = Purchase convenience
β0= Differential effects of factors other than brand
awareness, perceived quality, perceived price and
purchase convenience of clothing.
β1= Differential effect of Brand awareness of clothing
β2= Differential effect of Perceived quality of clothing
β3= Differential effect of Perceived value of clothing
β4= Differential effect of Purchase convenience of
clothing
εi = Random errors
To test the overall significance of the multiple
regression model we design the hypothesis as:
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H0: β1=β2=β3=β4=β5=β6=0
H1: At least one coefficient is different from zero.
5.3 pilot test (王王王,1130200033)
Before starting to ask UIC students to do our
questionnaire, we have a pre-test. We sent our
questionnaire to 20 persons to do first, and find the
problem in our questionnaire. We find that some students
said that there are some wordy questions that not easy to
understand in our questionnaire. Additionally, some of
the expression of some question may make them confuse.
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For these reasons, we decided to change some questions
and tell students what they need to do then make sure
they would like to do questionnaire.
5.4 limitations 王王王王(,1130200112)
The present study exist some limitations which we should
note in the future. Because of convenience and ease to
operate, the samples are selected using non-probability
procedure. Therefore, the sample may not fully represent the
entire consumers. Besides, this research conducted to
analysis the purchase intention for buying clothes, but most
questionnaire are written by the students in United
40
International College, therefore the age mainly focus on 18-
25. To some extent, it mainly shows the young generation's
idea rather than some middle age people. From the economic
perspective, comparing to the middle age people, young
generation has a relative low consumption ability which may
be influence the perceived value.Then, also because of the
source of sampling, more female consumers participate in
the study and thus were slightly over-represented in the
sample, and there are some personality difference may
conduct some errors into the results and conclusion.
However, we ignore this element. In term of variables
41
choosing, based on research related to purchase intention
before and some secondary data, we selected brand
awareness, perceived quality, perceived value and
purchase convenience as our variables contributes to
purchase intention, which means that some other variables
used to be researched but excluded in this research.