Effect of Purchase Type and Regulatory Focus on Consumers’ Decision Regret Intention

Li Qianqian,Deng Huimei

Journal of Marketing Science ›› 2022, Vol. 2 ›› Issue (1) : 104-122.

PDF(12056 KB)
PDF(12056 KB)
Journal of Marketing Science ›› 2022, Vol. 2 ›› Issue (1) : 104-122.
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Effect of Purchase Type and Regulatory Focus on Consumers’ Decision Regret Intention

  • Li Qianqian,Deng Huimei
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Abstract

Regret, as a post-purchase or post-decision experience, has attracted much attention because of its negative impact on consumer's well-being and post-purchase behaviors.  To reveal the occurrence mechanism of regret has important significance in reduceing consumer regret. However, existing literature is limited on the occurrence mechanism of decision regret and differences of purchase types.  Starting from types of purchase, based on decision justification theory, this paper studies how different purchase types ( material versus experiential) influence their respective regret types ( process or outcome) through decision - making styles ( analysis versus heuristic) , and investigates the influence of regulatory focus on this effect.  Three inter-group experiments show that experiential purchase brings heuristic decision - making tendency, which is more likely to produce decision process regret, while material purchase brings rational decision - making tendency, which is more likely to produce decision outcome regret.  Regulatory focus ( promotion versus prevention) moderates the relationships among purchase type, decision regrets and decision-making styles.  This study is of great significance for reducing consumers' post- purchase regret and guiding enterprises to formulate marketing strategies.

Key words

purchase type,decision regret,decision-making style, regulatory focus

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Li Qianqian,Deng Huimei. Effect of Purchase Type and Regulatory Focus on Consumers’ Decision Regret Intention[J]. Journal of Marketing Science. 2022, 2(1): 104-122
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