Factors Influencing Online Purchase Intention of Luxury Watches

Creators: Semenkin, Kirill and Knoedler, Luca and Martin, Lukas and Babko, Viyaleta and Kracklauer, Alexander
Title: Factors Influencing Online Purchase Intention of Luxury Watches
Item Type: Book Section
Page Range: pp. 96-103
Date: 2024
Divisions: Wirtschaftswissenschaften
Abstract (ENG): The rise of e-commerce and increased trust in online shops has led to the emergence of websites for purchasing luxury watches that were previously only available through certified dealers. In the past, luxury watches were seen as solely luxury and self-symbolic; however, now they are seen through a value-oriented perspective as an investment (Faschan et al., 2020). This research outlines a comprehensive model of factors influencing customers’ intention to buy luxury watches online. The theory of reasoned action model (TRA) was extended including trust as another predictor of the customers purchase intention and payment method as a possible moderator between the relationship of these factors. Results indicated that all TRA predictors affect the customers purchase intention of buying luxury watches online, except the factor perceived usefulness (PU). The payment method was discovered to have no direct moderation effect between the predicting factors.
Forthcoming: No
Language: English
Citation:

Semenkin, Kirill and Knoedler, Luca and Martin, Lukas and Babko, Viyaleta and Kracklauer, Alexander (2024) Factors Influencing Online Purchase Intention of Luxury Watches. In: Technology and Business Model Innovation: Challenges and Opportunities : Proceedings of the International Conference on Business and Technology (ICBT2023), Volume 1 / Alareeni, Bahaaeddin ; Hamdan, Allam (Eds). Cham: Springer, pp. 96-103. (Lecture Notes in Networks and Systems; 923). ISBN 9783031559112

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