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Understanding the customer psychology of impulse buying during COVID-19 pandemic: implications for retailers.
- Source :
- International Journal of Retail & Distribution Management; 2021, Vol. 49 Issue 3, p377-393, 17p
- Publication Year :
- 2021
-
Abstract
- Purpose: During COVID-19 pandemic, the use of social media enhances information exchange at a global level; therefore, customers are more aware and make backup plans to take optimal decisions. This study explores the customer psychology of impulse buying during COVID-19 pandemic. Design/methodology/approach: The researcher, being a social constructionist, aims at understanding social patterns in impulsive buying strategies during COVID-19 pandemic. Forty UK consumers were participated using the telephonic interview method with the purpose to maintain social distancing practices. Findings: Results revealed that vulnerable group of people, fear of illness, fear of empty shelves, fear of price increase and social inclination to buy extra for staying at home, increased panic impulsive buying behaviour among customers. Many people socially interpreted the evidence of death rate and empty shelves, which led to more disinformation, rumours and sensationalism, which increased customers' impulsive buying behaviour. Finally, risk of going outside, COVID-19 outbreak among employees of local retail stores, and health professionals' recommendations to stay at home, led to impulsive buying behaviour. Originality/value: This study has constructed a research framework of customer psychology of impulse buying based on the results of this study and fear and perceived risk theories. The study also explains how the fear of fear, risk perception and conformist tendency enhanced impulsive buying during COVID-19 pandemic. This study has discussed specific implications for retailers. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 09590552
- Volume :
- 49
- Issue :
- 3
- Database :
- Complementary Index
- Journal :
- International Journal of Retail & Distribution Management
- Publication Type :
- Academic Journal
- Accession number :
- 148716825
- Full Text :
- https://doi.org/10.1108/IJRDM-08-2020-0317