2021
DOI: 10.30924/mjcmi.26.2.10
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The effect of hedonic value, utilitarian value, and customer satisfaction in predicting repurchase intention and willingness to pay a price premium for smartwatch brands

Abstract: The aim of this study is to examine the role of hedonic value (HV), utilitarian value (UV), and customer satisfaction (CS) in individuals' willingness to pay a price premium (WTP a price premium) and repurchase intention (RI) to smartwatches. This study is unique and important as it only deals with smartwatches, unlike other studies on wearable technology products that often focus on the general situation. The research sample includes smartwatch users aged 18 years and above. An online survey was used to colle… Show more

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Cited by 7 publications
(4 citation statements)
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“…In terms of research applications of HV, Voss et al (2003) measured HV with pairs of adjectives such as not fun/fun, dull/exciting, not delighting/delightful, not thrilling/thrilling and enjoyable/unenjoyable. HV was also adopted in the latest research together with UV to analyze new technology acceptance for online banking, online games, mobile wallets, premium smartwatches and AI assistants (Kaur and Arora, 2020; Sharma et al , 2020; Xavier and Zakkariya, 2021; Saygılı and Yalçıntekin, 2021; Yuan et al , 2022; Pandey et al , 2022)…”
Section: Literature Reviewmentioning
confidence: 99%
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“…In terms of research applications of HV, Voss et al (2003) measured HV with pairs of adjectives such as not fun/fun, dull/exciting, not delighting/delightful, not thrilling/thrilling and enjoyable/unenjoyable. HV was also adopted in the latest research together with UV to analyze new technology acceptance for online banking, online games, mobile wallets, premium smartwatches and AI assistants (Kaur and Arora, 2020; Sharma et al , 2020; Xavier and Zakkariya, 2021; Saygılı and Yalçıntekin, 2021; Yuan et al , 2022; Pandey et al , 2022)…”
Section: Literature Reviewmentioning
confidence: 99%
“…Voss et al (2003) measured UV using pairs of adjectives such as effective/ineffective, helpful/unhelpful, functional/nonfunctional, necessary/unnecessary and practical/impractical. UV was adopted in the latest research to analyze new technology acceptance for online shopping, mobile banking, online games, mobile wallets, premium smartwatches, mobile payment and AI assistants (Gong et al, 2013;Deb and Agrawal, 2017;Sharma et al, 2020;Xavier and Zakkariya, 2021;Saygılı and Yalc ¸ıntekin, 2021;Handarkho et al, 2021;Yuan et al, 2022). 5G service increased UV, such as larger data usage (Dano, 2019).…”
Section: Utilitarian Value (Usefulness)mentioning
confidence: 99%
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“…Tabel 4 mengutarakan hasil hipotesis 1 memiliki nilai p-value sejumlah 0.000 ≤ α 0.05 dan nilai estimate sejumlah 0.998 menunjukkan angka yang positif, maka dapat dikatakan H o ditolak dan H 1 didukung artinya utilitarian value memiliki pengaruh positif terhadap consumer satisfaction. Hasil penelitian ini sinkron dengan hasil penelitian sebelumnya yang digarap oleh Hsiao (2021) dan beberapa penelitian lain seperti Saygılı & Yalçıntekin (2021) serta BAKIRTAŞ et al, (2015) yang menyatakan bahwa utilitarian value berdampak positif terhadap consumer satisfaction, yakni semakin tinggi utilitarian value atau manfaat yang dirasakan maka semakin tinggi juga tingkat kepuasan yang dirasakan oleh konsumen saat menggunakan produk atau layanan tersebut.…”
Section: Pengujian Hipotesisunclassified