Bộ GIÁO DỤC VÀ ĐÀO TẠO ĐẠI HỌC KINH TÉ THÀNH PHÓ HÒ CHÍ MINH BÁO CÁO TÔNG KÉT ĐÈ TÀI NGHIÊN củư KHOA HỌC THAM GIA XÉT GIẢI THƯỞNG ‘’NHÀ NGHIÊN cứu TRẺ UEH” NĂM 2024 KOLS’ PERCEIVED PERSUASIVENESS: CONSUMER IMPULSE BUYING BEHAVIOR ON KOLS’ TIKTOK LIVE STREAMING COMMERCE Thuộc nhóm chuyên ngành: Marketing TP. Hồ Chí Minh, tháng 2/2024 Abstract The emergence of Key opinion leaders (KOLs) in the field of commerce live streaming has significantly improved customers' propensity for impulse purchases. Their characteristics and those of their live streams, particularly TikTok ones, are believed to have a positive influence on their perceived persuasiveness and thus impact consumers' preferences and buying behavior. Thanks to its captivating and visually appealing content, TikTok live streaming commerce has evolved into a preferred choice for companies seeking to expand their customer base and advertise their merchandise to a broader audience.
KOLs frequently partner with brands to provide limited-time offers, such as exclusive discounts or promotional codes, during their live streams. These special incentives arc designed to cultivate a sense of exclusivity and value for money, ultimately encouraging viewers to make impulsive purchases or else they will lose attractive deals due to limited numbers and time, which can be seen as FOMO effects. In this dissertation, we investigated the impact of KOLs' characteristics and those of TikTok live streaming commerce on consumers' impulse buying behavior under the moderating effects of FOMO and the liking cents-off of consumers. A structural equation model is employed to test the research framework with 172 users who have experienced shopping during a KOLs' TikTok live stream in Ho Chi Minh City.
Our theme is to identify and evaluate the persuasiveness of KOLs that affect customers' impulse purchase intentions on TikTok live streaming commerce. The factors, including KOLs’ characteristics, characteristics of KOLs' TikTok live streaming commerce, FOMO and liking cents-off promotions, are conducted under in-depth investigation. After that, both qualitative and quantitative methods are applied to analyze the data collected from in-depth interviews and online surveys. In terms of qualitative approaches, we held in-depth interviews with 6 students from multiple universities in Ho Chi Minh City.
In terms of quantitative methods, we conducted an online survey with a sample size of 165 students living in Ho Chi Minh City. With this report, we look forward to contributing our findings to further studies and recommending some potential methods to improve KOLs' persuasiveness during their live streaming commerce on the TikTok platform. Keywords: TikTok Live Streaming Commerce, KOLs ’ characteristics, KOLs' Persuasiveness, Impulse buying, FOMO, Cents-off. Table of contents Abstract.
List of abbreviations. List of tables. List of figures.1 Research background and statement of the problem.2 Scope of study. 3 CHAPTER 02: LITERATURE REVIEW AND HYPOTHESIS DEVELOPMENT.1 Key Opinion Leaders (KOL) Characteristics.1 Key Opinion Leaders.2 Characteristics of KOLs’ Live Streaming Commerce.4 Liking Cents-off.7 Prior Relevant Studies.8 Research framework and hypothesis development.1 Characteristics of KOL on KOLs' persuasiveness.2 Characteristics of KOLs' live-streaming commerce on perceived persuasiveness.3 Perceived persuasiveness to impulse buying.4 The moderating effect of liking cents-off on customers' impulse buying 16 2.5 The moderating effect of FOMO on customers' impulse buying.9 summarV ••••••••••••■•••••••••••••■••••••••••••••••■••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 18 CHAPTER 03: RESEARCH METHODOLOGY.4 Data analysis process.1 Descriptive statistics analysis.3 Assessing Cronbach’s Alpha coefficient.4 Assessing Composite Reliability.5 Assessing Convergent Validity.6 Assessing Discriminant Validity.5 Assessing Structural Model.1 Assessing collinearity of the independent variables.2 Relationship in structural model.3 Assessing Coefficient of Determination (R2).4 Assessing Effect Size 12.5 Assessing the relevance of Ọ2.
33 CHAPTER 04: DATA ANALYSIS AND RESULTS.2 Summary of key findings.1 Key Opinion Leaders (KOL) Characteristics.2 Characteristics of KOLs’ TikTok Live Streaming Commerce.3 Liking cents-off & FOMO.1 Assessment of measurement scales.2 Assessment of structural model. 50 CHAPTER 5: DISCUSSION AND CONCLUSION. TRANSCRIPT OF IN-DEPTH INTERVIEW. QUESTIONNAIRE - VIETNAMESE VERSION.
BOOTSTRAPPING RESULTS FOR HYPOTHESIS TESTING87 List of abbreviations ATT: Attractiveness AVE: Average variance extracted CMB: Common method bias CR: Composite reliability EXP: Expertise FOMO: Fear of missing out HTMT: Helerotrait-Monotrait ratio IB: Impulse buying I: Interactivity KOL: Key opinion leader LCO: Liking cents-off POP: Popularity PP: Perceived persuasiveness TRU: Trustworthiness VIF: Variance inflation factor VV: Vividness WOM: Worth of mouth List of tables Table 2.1 Prior relevant study Table 3.1 Measurement scale Table 3.