The theory of repurchase decision-making (TRD): Identifying the critical factors in the post-purchase decision-making process |
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Authors: | Heesup Han Kisang Ryu |
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Affiliation: | 1. Tourism Management, Dong-A University, Bumin-dong, 2 ga, 1 Bungi, Republic of Korea;2. Department of Food Service Management, College of Hospitality and Tourism Management, Sejong University, Gwang Gae to Building #612, 98 Gunja-Dong, Gwanjin-Gu, Seoul 143-747, Republic of Korea |
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Abstract: | A theory particularly designed to explain re-buying decision formation is lacking. This research developed and tested a theory of repurchase decision-making (TRD) that more comprehensively explains individuals’ post-purchase decision-making processes. Two studies were conducted in a full-service restaurant setting for the development of this theory. Specifically, important factors generating the repurchasing intention were identified through an exploratory qualitative approach in Study 1. In this qualitative approach, a new set of belief items and salient referents in a re-buying decision-making process were also identified. The proposed model merging the model of goal-directed behavior (MGB) with identified factors and belief constructs from Study 1 were tested in the second study. Our results demonstrated that incremental amounts of total variance in the re-buying decision were explained by the TRD. Newly integrated constructs in combination with the original variables in the MGB were found to play a critical role in the re-buying decision-making process. The implications of this study are presented and discussed. |
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Keywords: | Theory of repurchase decision-making Model of goal-directed behavior Decision-making Intention |
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