An Investigation of the Relationship between Unplanned Buying and Post-purchase Regret

Abstract

The purpose of this study is to investigate the association of unplanned buying with post-purchase regret moderated by consumer-family income and gender as well as the association of both sales promotion and bank- card payment with unplanned buying in the Saudi market. Drawing on unplanned buying and post-purchase literature the study tested a model of post-purchase regret. A survey was conducted among Saudi consumers of retail stores in Riyadh Saudi Arabia. A convenience sample of 927 respondents was taken for data collection among them 903 were finalized for analysis. The study concluded that there is a positive relationship between unplanned buying and post-purchase regret. An increased association of unplanned buying with post-purchase regret has been found among low-income earners and male consumers. Furthermore bank-card payment but not sales promotion has a significant association with unplanned buying. Practically consumers and marketers can benefit from the results and recommendations of this study both avoiding the bad consequences of post-purchase regret. Self-awareness of the factors that cause regret may turn consumers to be more rational in their future buying decisions. Marketers' perceptions of those factors may also be helpful in setting marketing strategies towards their target markets; satisfying and retaining consumers. The original contribution of this study comes from a lack of research in the Middle East on unplanned buying post-purchase regret and their relationship antecedents. [ABSTRACT FROM AUTHOR]