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Business Commons

Open Access. Powered by Scholars. Published by Universities.®

Florida International University

2009

Buyers remorse

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Full-Text Articles in Business

The Influence Of Purchase Confidence On Information Source Selection: Implications For Hospitality Industry, Nelson Barber, Tim Dodd Jan 2009

The Influence Of Purchase Confidence On Information Source Selection: Implications For Hospitality Industry, Nelson Barber, Tim Dodd

Hospitality Review

Whether the product of choice is a restaurant, vacation resort or hotel, it is important for hospitality marketers to understand how consumers treat purchase decisions and the influence purchase confidence and situation play on that decision. This study investigated the role purchase confidence plays with knowledge in the selection of sources of information during purchase decisions. The results indicate sources of information are perceived differently by consumers and depending on the purchase situation, subjective knowledge is influenced by purchase confidence affecting the source of information considered when making a purchase decision. The results also indicated that those with high purchase …