Abstract

This work identifies differences in the success factors of influencers given consumers’ consumption goals (hedonic vs. utilitarian). Although practitioners have complained about the lack of know-how regarding this issue, research on the topic remains scarce. Hypotheses on the differing relevance of the demographic similarity of influencers and consumers and of the factuality of influencers’ communication are verified through an empirical investigation. The scenario is consumers’ selection of a hotel for (1) a holiday (hedonic consumption goal) or (2) a professional/university seminar (utilitarian consumption goal). The results are analyzed by structural equation modeling and multigroup analysis. We generate some surprising results. Counterintuitively, demographic similarity is more important under utilitarian than hedonic conditions. Factuality seems equally important in both conditions. Explanations and implications of these findings are provided.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.