Effects of Consumer Consumption Value and Psychological Status on Cosmetics Repurchase Behavior in the COVID-19 Era

Abstract

Purpose: This study examines the effect of changes in the daily lives of cosmetic consumers resulting from COVID-19 on behavioral intention according to consumption value and analyzes the relationship among consumption value, purchase satisfaction, and repurchase intention of cosmetic consumers.Methods: In this study, a collected questionnaire was statistically processed to verify the established hypothesis, and through the data coding process, empirical analysis was performed using the SPSS (Statistical Package for Social Science) 22.0 program and Amos 21.0.Results: As a result of examining the effect of cosmetic shopping value on satisfaction and expected regret, based on the independent variable, rare consumption value (CR=5.199), hedonistic consumption value (CR=6.974), and functional consumption value (CR=4.214) on satisfaction, ethical consumption value (CR=15.628) and functional consumption value (CR=2.798) were found to affect the expected regret (<i>p</i><0.01). As a result of the hypothesis testing, the most influential section was the effect of satisfaction on repurchase (C.R.=27.117).Conclusion: This study analyzed the data of 1,059 people and confirmed the effect of the change in consumption value on consumer satisfaction as the center of consumption shifts rapidly from offline to online due to the influence of the untact era. It is thought that this understanding would be helpful in establishing effective strategic technology.