Analysis on East Buy Online Shopping's Marketing Strategy of Live Streaming Based on Consumer Psychology

Research Article
Open access

Analysis on East Buy Online Shopping's Marketing Strategy of Live Streaming Based on Consumer Psychology

Xinyu Pan 1*
  • 1 Wenzhou-Kean University    
  • *corresponding author 1196990@wku.edu.cn
Published on 13 September 2023 | https://doi.org/10.54254/2754-1169/23/20230395
AEMPS Vol.23
ISSN (Print): 2754-1177
ISSN (Online): 2754-1169
ISBN (Print): 978-1-915371-89-8
ISBN (Online): 978-1-915371-90-4

Abstract

Nowadays, with the development of social network, live streaming has become one of the main ways of sales for some merchants, which has a great influence on consumers. East Buy online shopping as one of the broadcast studios rapidly is recognized by the public in recent years. The influence of its consumption strategy on consumer psychology can be analyzed as a typical case of live broadcasting. This paper will take East Buy online shopping as an example to explore marketing strategy of e-commerce live streaming based on consumer psychology, and mainly analyze the influence of the marketing strategy on consumers' consumption intention through a questionnaire survey. The results show that the quality of products is the primary factor that consumers consider, and the selection of anchors with excellent qualifications in East Buy online shopping studio also makes consumers more inclined to choose it. This study found that the main factor that affects consumers’ psychology is the price of goods. The excellent qualification of anchors in East Buy online shopping studio is also one of the important reasons why consumers are more inclined to choose it among most brands.

Keywords:

consumer psychology, e-commerce live streaming, marketing, questionnaire survey

Pan,X. (2023). Analysis on East Buy Online Shopping's Marketing Strategy of Live Streaming Based on Consumer Psychology. Advances in Economics, Management and Political Sciences,23,317-324.
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References

[1]. Luo, M.: Research on the influence of E-commerce live broadcast perceptual interaction on consumers' purchase intention. Inner Mongolia: Inner Mongolia University (2021).

[2]. Ye, S.: Research on influencing factors of consumer brand trust in E-commerce live streaming. Wuhan University (2022).

[3]. Lee, H., Yang, H.: Exploring user acceptance of streaming media devices: An extended perspective of flow theory. Information Systems and e-Business Management 16(1), 1-27(2018).

[4]. Tian, T., Wang, H.: The live marketing strategy of agricultural products from the rise of "Oriental Selection". Journal of Anhui Vocational and Technical College 21(3), 33-48(2022).

[5]. Xiang, M.X.: Live broadcast of "oriental selection”: Exploration on the approach of knowledge bringing goods. Audiovisual (9), 144-146(2022).

[6]. Benbasat, I., Cenfetelli, R.: The influence of e-commerce live streaming on lifestyle fit uncertainty and online purchase intention of experience products. (2019).

[7]. Zhou, X.J.: Research on the operation of network questionnaire survey platform Wenxing. Hunan: Hunan University (2020).

[8]. Li, T., Wang, R.: An empirical study on influencing factors of consumer satisfaction under live streaming delivery mode. Journal of Shanghai Commercial College 21 (5), 51-65(2020).

[9]. Li, M., Liu, B., Wei, J.F.: The influence of anchor characteristics on consumers' impulse purchase intention in e-commerce live broadcasting. Chinese Circulation Economy 36(4), 32-42(2022).

[10]. Frommeyer, B., Koch, J., Schewe, G.: Online shopping motives during the COVID-19 pandemic -- lessons from the crisis. Sustainability 12(24), 10247(2020).

[11]. Lin, L.M., Park, H.J.: The effects of matchups on the consumer attitudes toward internet celebrities and their live streaming contents in the context of product endorsement. Journal of Retailing and Consumer Services 52, 101934(2020).

[12]. Shao, Y.M.: Xinghualou food packaging design based on consumer psychology. Xi'an University of Technology (2019).

[13]. Asare, A.O., Clement Addo, P., Fang, J., Kulbo, N.B.: Customer engagement and purchase intention in live-streaming digital marketing platforms. Service Industries Journal 41, 1-20(2021).

[14]. Ali, T., Leng, J.: The Impact of Live Streaming Features on Consumers' Purchase Intention-the case of Agricultural Products. In 2022 IEEE 5th Advanced Information Management, Communicates, Electronic and Automation Control Conference (IMCEC), 1512-1517. IEEE, Chongqing (2022).


Cite this article

Pan,X. (2023). Analysis on East Buy Online Shopping's Marketing Strategy of Live Streaming Based on Consumer Psychology. Advances in Economics, Management and Political Sciences,23,317-324.

Data availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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About volume

Volume title: Proceedings of the 2023 International Conference on Management Research and Economic Development

ISBN:978-1-915371-89-8(Print) / 978-1-915371-90-4(Online)
Editor:Javier Cifuentes-Faura, Canh Thien Dang
Conference website: https://2023.icmred.org/
Conference date: 28 April 2023
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.23
ISSN:2754-1169(Print) / 2754-1177(Online)

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References

[1]. Luo, M.: Research on the influence of E-commerce live broadcast perceptual interaction on consumers' purchase intention. Inner Mongolia: Inner Mongolia University (2021).

[2]. Ye, S.: Research on influencing factors of consumer brand trust in E-commerce live streaming. Wuhan University (2022).

[3]. Lee, H., Yang, H.: Exploring user acceptance of streaming media devices: An extended perspective of flow theory. Information Systems and e-Business Management 16(1), 1-27(2018).

[4]. Tian, T., Wang, H.: The live marketing strategy of agricultural products from the rise of "Oriental Selection". Journal of Anhui Vocational and Technical College 21(3), 33-48(2022).

[5]. Xiang, M.X.: Live broadcast of "oriental selection”: Exploration on the approach of knowledge bringing goods. Audiovisual (9), 144-146(2022).

[6]. Benbasat, I., Cenfetelli, R.: The influence of e-commerce live streaming on lifestyle fit uncertainty and online purchase intention of experience products. (2019).

[7]. Zhou, X.J.: Research on the operation of network questionnaire survey platform Wenxing. Hunan: Hunan University (2020).

[8]. Li, T., Wang, R.: An empirical study on influencing factors of consumer satisfaction under live streaming delivery mode. Journal of Shanghai Commercial College 21 (5), 51-65(2020).

[9]. Li, M., Liu, B., Wei, J.F.: The influence of anchor characteristics on consumers' impulse purchase intention in e-commerce live broadcasting. Chinese Circulation Economy 36(4), 32-42(2022).

[10]. Frommeyer, B., Koch, J., Schewe, G.: Online shopping motives during the COVID-19 pandemic -- lessons from the crisis. Sustainability 12(24), 10247(2020).

[11]. Lin, L.M., Park, H.J.: The effects of matchups on the consumer attitudes toward internet celebrities and their live streaming contents in the context of product endorsement. Journal of Retailing and Consumer Services 52, 101934(2020).

[12]. Shao, Y.M.: Xinghualou food packaging design based on consumer psychology. Xi'an University of Technology (2019).

[13]. Asare, A.O., Clement Addo, P., Fang, J., Kulbo, N.B.: Customer engagement and purchase intention in live-streaming digital marketing platforms. Service Industries Journal 41, 1-20(2021).

[14]. Ali, T., Leng, J.: The Impact of Live Streaming Features on Consumers' Purchase Intention-the case of Agricultural Products. In 2022 IEEE 5th Advanced Information Management, Communicates, Electronic and Automation Control Conference (IMCEC), 1512-1517. IEEE, Chongqing (2022).