Consumer decision-making across modern and traditional channels: E-commerce, m-commerce, in-store
This study investigates the effect of media richness on consumer decision-making and channel choice, and grounds the investigation in media richness theory, task-media fit hypotheses and cognitive cost (behavioral decision theory). Findings from three experiments provide evidence that consumers pref...
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Veröffentlicht in: | Decision Support Systems 2014-05, Vol.61, p.34-46 |
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Format: | Artikel |
Sprache: | eng |
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Zusammenfassung: | This study investigates the effect of media richness on consumer decision-making and channel choice, and grounds the investigation in media richness theory, task-media fit hypotheses and cognitive cost (behavioral decision theory). Findings from three experiments provide evidence that consumers prefer channels with medium (e.g., e-commerce) and high (e.g., in-store) media richness for carrying out complex decision-making tasks. Findings reveal that consumers are likely to undertake simple decision-making tasks on channels that incorporate low (e.g., m-commerce) levels of media richness. Findings also demonstrate that product type moderates the effect of media richness on perceived channel-task fit, post-purchase evaluation, and channel choice. These insights should prove helpful to managers in managing content across different channels.
•We investigate the effect of media richness on consumer decision-making and channel choice.•This study presents related predictions based on media richness theory, task-media fit and cognitive cost.•Consumers prefer channels with medium and high media richness for complete decision-making tasks.•Consumers are unlikely to use channels with low media richness for complete decision-making tasks.•Product type moderates the effect of media richness on perceived channel-task fit, and channel choice. |
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ISSN: | 0167-9236 1873-5797 |
DOI: | 10.1016/j.dss.2014.01.008 |