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The Influence of the Inconsistent Color Presentation of the Original Price and Sale Price on Purchase Likelihood

Retailers like to use different colors to present the sale price and original price when they are presenting a promotion price. How does the inconsistent color presentation of the prices influence consumers’ purchase likelihood? The extant research does not consider this question. This article will...

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Autores principales: Liang, Shichang, Dong, Xuebing, Yan, Yanling, Chang, Yaping
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Frontiers Media S.A. 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8005512/
https://www.ncbi.nlm.nih.gov/pubmed/33790827
http://dx.doi.org/10.3389/fpsyg.2021.603754
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author Liang, Shichang
Dong, Xuebing
Yan, Yanling
Chang, Yaping
author_facet Liang, Shichang
Dong, Xuebing
Yan, Yanling
Chang, Yaping
author_sort Liang, Shichang
collection PubMed
description Retailers like to use different colors to present the sale price and original price when they are presenting a promotion price. How does the inconsistent color presentation of the prices influence consumers’ purchase likelihood? The extant research does not consider this question. This article will address this question. Drawing on incongruence theory and the persuasion knowledge model (PKM), this article proposes that when the color of the sale price is inconsistent (vs. consistent) with that of the original price, consumers show less preference for the sale price. The reason is that consumers perceive the price as being less trustworthy, which leads to a lower purchase likelihood. Furthermore, this effect is affected by the brand awareness of products. Specifically, when products are less-known brands, the inconsistent (vs. consistent) colors of the sale price and original price will lead to a lower purchase likelihood. In contrast, when products are well-known brands, the inconsistent (vs. consistent) colors of the sale price and original price will lead to a high purchase likelihood. In this article, four studies are used to verify these hypotheses, and implications of theory and practice of the present research are discussed.
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spelling pubmed-80055122021-03-30 The Influence of the Inconsistent Color Presentation of the Original Price and Sale Price on Purchase Likelihood Liang, Shichang Dong, Xuebing Yan, Yanling Chang, Yaping Front Psychol Psychology Retailers like to use different colors to present the sale price and original price when they are presenting a promotion price. How does the inconsistent color presentation of the prices influence consumers’ purchase likelihood? The extant research does not consider this question. This article will address this question. Drawing on incongruence theory and the persuasion knowledge model (PKM), this article proposes that when the color of the sale price is inconsistent (vs. consistent) with that of the original price, consumers show less preference for the sale price. The reason is that consumers perceive the price as being less trustworthy, which leads to a lower purchase likelihood. Furthermore, this effect is affected by the brand awareness of products. Specifically, when products are less-known brands, the inconsistent (vs. consistent) colors of the sale price and original price will lead to a lower purchase likelihood. In contrast, when products are well-known brands, the inconsistent (vs. consistent) colors of the sale price and original price will lead to a high purchase likelihood. In this article, four studies are used to verify these hypotheses, and implications of theory and practice of the present research are discussed. Frontiers Media S.A. 2021-03-15 /pmc/articles/PMC8005512/ /pubmed/33790827 http://dx.doi.org/10.3389/fpsyg.2021.603754 Text en Copyright © 2021 Liang, Dong, Yan and Chang. http://creativecommons.org/licenses/by/4.0/ This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
spellingShingle Psychology
Liang, Shichang
Dong, Xuebing
Yan, Yanling
Chang, Yaping
The Influence of the Inconsistent Color Presentation of the Original Price and Sale Price on Purchase Likelihood
title The Influence of the Inconsistent Color Presentation of the Original Price and Sale Price on Purchase Likelihood
title_full The Influence of the Inconsistent Color Presentation of the Original Price and Sale Price on Purchase Likelihood
title_fullStr The Influence of the Inconsistent Color Presentation of the Original Price and Sale Price on Purchase Likelihood
title_full_unstemmed The Influence of the Inconsistent Color Presentation of the Original Price and Sale Price on Purchase Likelihood
title_short The Influence of the Inconsistent Color Presentation of the Original Price and Sale Price on Purchase Likelihood
title_sort influence of the inconsistent color presentation of the original price and sale price on purchase likelihood
topic Psychology
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8005512/
https://www.ncbi.nlm.nih.gov/pubmed/33790827
http://dx.doi.org/10.3389/fpsyg.2021.603754
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