Abstract

Purpose Time pressure may change how people behave. The multiplicity of options and the nature of the products, hedonic or utilitarian, might increase the complexity of the choice and alter the effects of time pressure. Combining both factors, the purpose of this paper is to verify the moderating role played by the nature of the products observing the relationship between interaction (time pressure × multiplicity of options) and choice delay. Design/methodology/approach A two-level factorial experimental design was applied (time pressure: with; without) × 2 (number of alternatives: two; six) × 2 (type of purchase: hedonic; utilitarian), with mixed design, considering the purchase delay a dependent variable. Findings The results signal that the nature of the products moderates the effects of the interaction between time pressure and choice overload in purchase delay. Utilitarian purchases are more susceptible to the effects of time pressure and options overload than hedonic purchases. Originality/value The interaction between time pressure and choice overload, researched in previous works, influences in different ways the purchase of utilitarian or hedonic products. This differentiation, taking into consideration the type of product, brings new perspectives on the purchase decision process and provides theoretical and practical information on the effects of information overload and time pressure over the consumer decision-making process.

Highlights

  • PurchaseThe accumulation of jobs and duties often leads to a lack of time for daily tasks

  • In order to check the manipulation of the time pressure, participants were asked how much time pressure they felt during the study

  • This study found that the type of consumption or purchase could moderate the effects of the interaction between time pressure and choice overload in the postponement of the purchase

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Summary

Introduction

PurchaseThe accumulation of jobs and duties often leads to a lack of time for daily tasks. Among the decision and many activities that may be affected by this lack of time are the matters of consumer behavior, such as the choice and acquisition of products and services. Time pressure is a purchase delay frequent restraint in daily decisions and consumers are affected by this limitation ( Javed & Javed, 2015; Madan, Spetch, & Ludvig, 2015). The combination of lack of time with choice overload might generate stress for the consumer, causing the decision to delay the purchase (Ackerman & Gross, 2003). This delay may be caused by the perception of lack of sufficient time to analyze the options and make the decision and by a feeling of loss, future regret and future regret over a quickly made choice

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