GROWTH ANALYSIS OF CHINESE LIQUOR LISTED COMPANIES BASED ON PRINCIPAL COMPONENT ANALYSIS

Jun Luo; Xiaoyu Shi; Jingwei Liu

doi:10.22437/jbsmr.v7i1.29350

Authors

Jun Luo Moutai Institute
Xiaoyu Shi Department of Business Administration, Moutai Institute, Renhuai, China
Jingwei Liu Department of Business Administration, Moutai Institute, Renhuai, China

DOI:

https://doi.org/10.22437/jbsmr.v7i1.29350

Keywords:

consumer perceived value, livestream purchase intention, online word-of-mouth, Chinese liquor

Abstract

Online shopping has been increasingly popular in recent years due to the spread of the Internet, and the livestream sector has increased. Many traditional companies, such as Chinese liquor enterprises, tried to engage in livestreaming to keep pace with their new customers. The overall perceived valueâ€™s impact on user behavior has been examined in social commerce research, but the livestream context has received less attention. This study proposed and empirically tested a theoretical model, considering online word-of-mouth, and investigated the effect of consumer perceived value on livestream purchase intention of Chinese liquor. The findings demonstrate that online word-of-mouth serves as a mediator between the three dimensions of perceived value - functional, emotional, and social value - and livestream purchase intentions of Chinese liquor.

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