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Investigating consumer attitudes and intentions toward online fashion renting retailing
Affiliation:1. Department of Marketing, Aalto University, School of Business, P.O. Box 21210, Aalto, FI-00076 Helsinki, Finland;2. Faculty of Social Sciences, University of Tampere, 33014 Tampere, Finland;3. School of Management, University of New South Wales, Sydney, NSW 2052, Australia;1. Business Division, Institute of Textiles and Clothing, The Hong Kong Polytechnic University, Hung Hom, Kowloon, Hong Kong;2. School of Management, Hefei University, (No. 99, JinXiu Avenue), Hefei, Anhui 230601, China;1. Universidad Autónoma de Madrid, Madrid, Spain;2. Barcelona School of Management – Universitat Pompeu Fabra, Barcelona, Spain;1. Louisiana State University, Department of Textiles, Apparel Design, & Merchandising, College of Agriculture, 143 Human Ecology, Baton Rouge, LA 70803, United States;2. Oklahoma State University, Department of Design, Housing, & Merchandising, College of Human Sciences, 434A Human Sciences, Stillwater, OK 74078-6142, United States
Abstract:Due to growth of access-based consumption businesses, it is important to understand how consumers perceive online fashion renting services. Based on two theories, the Theory of Reasoned Actions and expectancy-value approach, this study aims to examine the influence of consumers' attitudes and subjective norms on their intentions to participate in online fashion renting, and to investigate behavioral beliefs that may cause them to form favorable intentions toward online renting. In order to do this, a total of 300 sample surveys were collected from U.S. consumers. To assess the respective measurement model, confirmatory factor analyses were performed, and a structural path analysis was performed to verify the hypothesized relationships. This study empirically asserts that attitudes and subjective norms are key predictors of consumers' intentions to participate in online fashion renting. Consumers' attitudes toward online fashion renting were determined by assessing their perceptions of its relative advantages, compatibility, ownership, and ecological value. While acknowledging the influence of subjective norms and previous fashion rental experience, online fashion rental platforms are also advised to engineer strategies to engage consumers in this practice and to encourage peer referrals. This study sheds light on the determining factors that shape consumers’ attitudes towards and intentions to participate in online fashion renting, from which appropriate business strategies could be devised to enhance consumer engagement and expand the online fashion rental market.
Keywords:Online fashion renting  Access-based consumption  Sharing economy  Consumer studies
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