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The Recent versus The Out-Dated: An Experimental Examination of the Time-Variant Effects of Online Consumer Reviews
Institution:1. Department of Marketing & Supply Chain Management, Fox School of Business, Temple University, 1801 Liacouras Walk, Philadelphia, PA 19122, United States;2. Information & Decision Sciences Department, Carlson School of Management, University of Minnesota, 321 19th Ave. S., Room 3-368, Minneapolis, MN 55455, United States;3. Department of Information Systems, W. P. Carey School of Business, Arizona State University, 300 E Lemon St, Tempe, AZ 85287, United States;4. Department of Marketing, Wisconsin School of Business, University of Wisconsin-Madison, United States
Abstract:Conventional wisdom suggests that the most recent online reviews may have a greater impact than out-dated online reviews on consumers’ purchase decisions because of their up-to-date nature. However, building on the theory of temporal distance and construal fit, this study proposes a new perspective, suggesting that the influence of online reviews posted at different times is a function of the timeframe for the consumers’ intended purchase. Four experiments demonstrate that although recent online reviews are more influential in shifting consumer preferences towards near-future consumption decisions, the relative influence of out-dated online reviews in shifting consumer preferences increases when consumers are making distant-future consumption decisions. This effect occurs because of a construal fit between the construal level of the online reviews posted at different times and that of the timeframe of consumers’ purchase decisions. The recent reviews are represented at a relatively lower construal level, with the low-level construal matching the timeframe of the near-future consumption decision. Out-dated reviews, however, are represented at a relatively higher construal level and match the timeframe of the distant-future consumption decision. This construal fit, in turn, enhances consumer engagement and consequently exerts a greater influence on consumer preferences.
Keywords:Online consumer reviews  Temporal distance  Construal level  Construal fit  Consumer engagement
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