Effect of Religiosity on Consumer Decision-making: A Serial Mediation Model

IF 2.5 Q3 BUSINESS FIIB Business Review Pub Date : 2023-09-02 DOI:10.1177/23197145231188624
Swati Saini, Rajiv Ranjan Kumar
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Abstract

Religiosity is the spine behind a consumer’s mental makeup, directing towards a core need to explore the effect of religiosity on a consumer’s decisions. The study aims at analysing the path between consumers’ religious commitment (RC) and their quality conscious decision-making (QCDM) through fashion conscious and price conscious decisions as serial mediators. The sample was collected from 400 respondents belonging to the Hindu religion in India. Data were analysed and hypotheses were tested for probable relationships using structural equation modelling (SEM) and bootstrapping through the PROCESS macro. The study reflected a positive relationship between RC (intrapersonal) and QCDM. Fashion conscious and price conscious decision-making serially mediated the path between RC and QCDM. The results clearly indicate that religiously committed consumers are fashion conscious, price conscious and quality conscious. Religiosity should be strongly taken into consideration by the companies while analysing consumers’ decision-making processes, as religion is the backbone for all major judgements. This research highlights the path along which a religious consumer’s decision moves. The findings can be incorporated into business strategies for better understanding of consumers.
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宗教信仰对消费者决策的影响:一个串行中介模型
宗教信仰是消费者心理构成背后的支柱,指向探索宗教信仰对消费者决策影响的核心需求。本研究旨在通过时尚意识和价格意识决策作为连续中介,分析消费者的宗教承诺(RC)与质量意识决策(QCDM)之间的路径。该样本是从印度印度教的400名受访者中收集的。使用结构方程建模(SEM)和通过PROCESS宏引导对数据进行分析,并测试假设的可能关系。该研究反映了RC(内省)和QCDM之间的积极关系。时尚意识和价格意识的决策在RC和QCDM之间连续地起着中介作用。研究结果清楚地表明,虔诚的消费者具有时尚意识、价格意识和质量意识。在分析消费者的决策过程时,公司应该强烈考虑宗教信仰,因为宗教是所有重大判断的支柱。这项研究强调了宗教消费者的决策走向。这些发现可以被纳入商业战略,以更好地了解消费者。
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来源期刊
CiteScore
5.40
自引率
11.50%
发文量
68
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