Transcript Document
Group 4 – Hung Wing Shan (13007017) Tang Mei Ling (13007025) Tsang Wing Shan (13007386) Wong Sze Ching (13006274) Agenda 1. Introduction 1.1 Keywords definition 1.2 Research objectives & rationale 3-13 2. Research method 2.1 Model 2.2 Questionnaire 2.3 Data analysis and results 14-37 3. Findings 3.1 Measurement Model 3.2 Structural Model 38-48 4. 49-52 Conclusion 4.1 Discussion 4.2 Limitations & future research direction 4.3 Implications 4.4 Recommendations 2 1.1 Keywords definition 1.2 Research objectives & rationale 3 1.1 Keywords definition Electronic word-of-mouth (eWOM) • An electronic form of interpersonal noncommercial communication among acquaintances Online consumer reviews • Purchasing experience (opinion and experience related to products) shared to electronic media by consumers 4 1.1 Keywords definition Electronic marketing (e-Marketing) • Application of marketing principles and techniques via electronic media and more specifically the Interne • e-Marketing, Internet marketing and online marketing, are frequently interchanged Public good • Characterized as “a shared resource from which every member of a group may benefit, regardless of whether or not they personally contribute to its provision, and whose availability does not diminish with use” 5 1.1 Keywords definition Reputation • Often cited as an of information sharing behavior • Share and contribute knowledge in order to gain an informal recognition Reciprocity • Conceived as a benefit for individuals to engage in social exchange • When information providers do not know each other, the kind of reciprocity that is relevant is called “generalized” exchange , and the person who offers help to others is expecting returns in the future Sense of belonging • Sense of emotional involvement with the group • When people identify themselves as part of the community and align their goals with those of the community, they will treat other members as their kin and they will be willing to do something beneficial to/for others that are not necessarily beneficial 6 1.1 Keywords definition Enjoyment of helping • An altruistic factor to explain individuals' willingness to share knowledge in electronic networks of practice or online social spaces • Obtain intrinsic enjoyment and satisfaction Moral obligation • Derived from principlism • Commitment to online communities conveys a sense of duty or obligation to help others on the basis of shared membership Knowledge self-efficacy • Personal judgment of one's capability to execute actions required for designated types of performances • Served as a self-motivator for knowledge contribution in online platforms 7 1.2 Objectives & Rationale Objective 1.2 Objectives & Rationale Rationale Objective 1.2 Objectives & Rationale Rationale 2.1 Model 2.2 Questionnaires 2.3 Research Method 11 2.1 Model Fig. 1. Research model – A model of antecedents to eWOM intentions in online consumer-opinion platforms 12 2.1.1 The antecedent variables 4 Theoretical perspectives • • • • Egoistic motivation H1 & H2 Collective motivation H3 Altruistic motivation H4 Principlistic motivation H5 Knowledge self-efficacy H6 13 1. Egoistic motivation 2.1.2 Relationships among key components Egoistic • Ultimate goal: increase own welfare • Aim at: tangible or intangible returns after sharing information • Social exchange theory 14 1. Egoistic motivation 2.1.2 Relationships among key components Reputation Reputation +ve Consumer’s eWOM intention • H1: The perception of the opportunity to enhance one's own reputations is positively related to one's eWOM intention Reciprocity Reciprocity +ve Consumer’s eWOM intention • H2: The perception of the opportunity for reciprocity is positively related to one's eWOM intention 15 2. Collective motivation 2.1.2 Relationships among key components Collectivism • Ultimate goal: increase group/collective welfare • One contributes for benefiting the whole group rather than personal return • Social identity theory Sense of belonging Sense of belonging +ve Consumer’s eWOM intention • H3: The opportunity for the sense of belonging is positively related to one's eWOM intention 16 3. Altruistic motivation 2.1.2 Relationships among key components Altruism • Ultimate goal: increase welfare ≥ 1 individuals other than oneself • Willing to volunteer themselves contribute knowledge without expecting direct rewards in return Enjoyment of helping Enjoyment of helping +ve Consumer’s eWOM intention • H4: The opportunity to realize personal enjoyment is positively related to one's eWOM intention 17 4. Principlistic motivation 2.1.2 Relationships among key components Principlism • Ultimate goal: uphold some moral principle • Normative commitment more likely to feel obliged to help others by contributing knowledge • Willing to contribute knowledge to the well being of the organization Moral obligation Moral obligation +ve Consumer’s eWOM intention • H5: The opportunity to feel a moral obligation is positively related to one's eWOM intention 18 5. Knowledge self-efficacy 2.1.2 Relationships among key components Self-efficacy • Personal judgment of one's capability to execute actions required for designated types of performances Knowledge self-efficacy Knowledge selfefficacy +ve Consumer’s eWOM intention • H6: The degree of perceived knowledge selfefficacy is positively related to one's eWOM intention 19 2.2 Questionnaires 2.2 Questionnaires 2.3 Research Method Sample of online consumer-opinion platform - OpenRice.com Share information about 15,000 restaurant in HK & Macau In terms of food type, location, price and no. of like 2.3 Research Method Sample frame: who have used OpenRice.com Posted an invitation message on Facebook group Offer an entry in a lottery for supermarket vouchers increase response rate Total :203 questionnaires - Female: 57% Male: 43% - 67% aged 21-25 - 78% education level of university or above Measures : Seven-point Likert scale 3.1 Measurement Model 3.2 Structural Model 24 Data analysis and results The Partial Least Squares (PLS) method Suitable for the focus on theory development Two-step analytical approach Psychometric assessment of measurement scales Evaluate the structural model 3.1 Measurement Model The convergent validity • The composite reliability (CR) ≥ 0.70 • The average variance extracted (AVE) ≥ 0.50 • All item loadings > 0.707 CRs ranging from 0.89 to 0.96 AVEs ranging from 0.67 to 0.93 Item loadings > 0.707 Satisfied Discriminant validity • Low correlations between the measure of interest and the measure of other constructs • Square root of AVE > the correlations Square root of AVE of each construct > the correlations 3.2 Structural model Assessed by the test of the hypothesized effects Examination of the 𝑅 2 value Explain a substantial amount of the variance 1. Explain 69% of the variance in consumers eWOM intention 2. Reputation, sense of belonging, enjoyment of helping Significant antecedents 4.1 Discussion 4.2 Limitations & future research direction 4.3 Implications 4.4 Recommendations 32 4.1 Discussion 33 4.1 Discussion - Significant related antecedents Sense of belonging (Most significant) • Essential ingredient Foster loyalty and citizenship • ↑ Belonging to Openrice.com ↑ citizenship intentions (e.g. share dining experiences) Enjoyment of helping others • Write about dinning experiences Enjoyment of helping other community members • Save other from –VE experiences Reputation (marginally significant) • Spread eWOM Desire to alter reputation • Enormous potential for scale and reach • Contribute dinning experience Want to be viewed as an expert 34 4.1 Discussion-Not Significant related antecedents Reciprocity • Opinion help to judge whether restaurants are worth visiting Lead to a future request for knowledge being met Not influence the intention to use a knowledge mechanism • Informal consumer-based community members may have sense of belonging Convey a sense of duty / obligation to help others Voluntary basis – right to decide whether to leave comment Moral obligation More impact if obligation is in explicit terms Knowledge self-efficacy Diner’s Opinion: based on service quality they received/no thorough understanding about the restaurants 35 4.2 Limitations & future research direction Consumer engagement in eWOM Relatively new & Limited attention in scholarly literature Only explains key motives (4 perspectives of social psychology literature) • Include other related variables account for unexplained variance Only focused on : Spread +VE eWOM • Explore motives that drive to spread –VE eWOM Sample size relatively small & mostly students • More diverse sample: Different age / usage experience Single questionnaire – bias • Use different research methods to test the model 36 4.3 Implications Contributing ways: 1. Explore how and why consumers are willing to spread eWOM (i.e. intentions) ∵Most existing eWom studies Focus on the impact of eWOM 2. Demonstrate relative importance of various antecedent factors Provided empirical support of social factor Gain theoretical foundation from social psychology literature and social cognitive theory 37 4.4 Recommendations Enhance Sense of belonging Allow to create own personal profile Enjoyment of helping others Add friends & direct communication Reputation Mechanism: identify and inform member’s contribution of providing useful suggestion Chat function: allow readers to show appreciation fore useful reviews Reputation tracking scheme: recognize contributors - Also include membership length and status 38 Q&A 39