Information Usefulness and Attitude Formation a Double-Dependent Variable Model (DDV) to Examine the Impacts of Online Reviews on Consumers

Information Usefulness and Attitude Formation a Double-Dependent Variable Model (DDV) to Examine the Impacts of Online Reviews on Consumers

Jinting Lu, Haiqing Bai
Copyright: © 2021 |Pages: 22
DOI: 10.4018/JOEUC.20211101.oa29
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Abstract

With the popularity of online shopping, a large body of studies have paid much attention to the factors influencing consumers’ information seeking and assessing. However, theoretical development and empirical testing are still not enough to explain this phenomenon, that is, during the information seeking and assessing process, what factor play a decisive role is a question needed to be deeply explored. This study, thus, aim to understand the impact of the attributes of online reviews on consumer. In addition, we find that review volume (RV: a heuristic factor) have direct impacts on perceived usefulness (PU) and attitudes (ATT), while source credibility (SC: another heuristic factor) only influences the perceived usefulness (PU), but no effects on attitudes (ATT). As for the moderating effects, perceived social-psychological risk (PSR) moderates the effects of both reviews volume (RV) and source credibility (SC) on perceived usefulness and attitudes. We explored the reasons underlying those findings , and also discuss implications for both researchers and practitioners.
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1. Introduction (Or Motivation For The Study)

With the popularity of online shopping, information seeking plays an important role in the online purchase decision-making process (Hussain et al., 2018; Luo, Luo, & Bose, 2018; C.-C. Teng, Lu, & Huang, 2018). Online reviews form a critical and unavoidable facet of e-commerce, these reviews have a significant impact on consumers purchase decisions as well as the amount of money spent by consumers (Wu, Ngai, Wu, & Wu, 2020). Many studies have paid much attention to consumers’ response to online reviews, few researches pay attention to an integrated effect of characteristics of reviews and consumers. Thus, drawing on the dual of process theory (DPT), this study investigated the influence of online reviews from three aspects: information source, information itself and information receiver. Specifically, content and review picture represent information source, while we choose four attributes of online reviews confirmed by other studies: content quality and picture quality, review volume and source credibility, to see how they affect consumers’ perceived usefulness and attitudes. Furthermore, the usefulness of online reviews also depends on information receiver who are seeking useful information. In this study, perception of social-psychological risks is viewed as a comprehensive index representing the characteristics of information receiver.

To sum, this study adopts a comprehensive approach and theories to analyze the online reviews’ effects on consumer, proposes and empirically tests a comprehensive double dependent variable-DDV model, and presents some managerial and theoretical implications.

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