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Author:

Shah, Sayed Kifayat (Shah, Sayed Kifayat.) | Tang, Zhongjun (Tang, Zhongjun.)

Indexed by:

Scopus

Abstract:

This study explores the influence of anchoring price (ANE) on consumer behavior using a quantitative research method. An online survey was piloted, yielding 246 useable responses from 4G and 5G users in China. SmartPLS 3.00 was used to analyze the data, and the assumptions were assessed using the partial least squares-based structural equation modeling (PLS-SEM) technique. The empirical findings reveal that the anchoring price (ANE) component partially mediates the connections between purchase intention (CPI) and behavior (CPB) of 5G technology items. This is the first study to investigate the impact of anchoring price (ANE) on intention-behavior relationships. Manufacturers and marketers of 5G technology goods that want to influence positive changes in consumer behavior should look into the study's findings and implications.

Keyword:

anchoring price consumer behavior 5G technology PLS-SEM approach

Author Community:

  • [ 1 ] [Shah, Sayed Kifayat]Beijing Univ Technol, Coll Econ & Management, Beijing, Peoples R China
  • [ 2 ] [Tang, Zhongjun]Beijing Univ Technol, Coll Econ & Management, Beijing, Peoples R China

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Source :

INTERNATIONAL JOURNAL OF INNOVATION AND TECHNOLOGY MANAGEMENT

ISSN: 0219-8770

Year: 2022

Issue: 01

Volume: 20

Cited Count:

WoS CC Cited Count:

SCOPUS Cited Count: 3

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 11

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