Mediating effect of perceived risk on familiarity and purchase intention: an empirical analysis for private label apparels
Asia-Pacific Journal of Business Administration
ISSN: 1757-4323
Article publication date: 28 November 2024
Abstract
Purpose
The current study aims to analyze the mediating role of perceived risk from private label apparels in between the familiarity and consumer purchase intention (PI).
Design/methodology/approach
Exploratory factor analysis and structural equation modeling techniques were utilized for evaluating the relationship between different constructs. Participants were given the opportunity for expressing their degree of approval or disapproval using a series of statements using a five-point Likert scale. For the purpose of the survey, a total of 400 participants were selected.
Findings
The finding highlights the mediating role of perceived risk between familiarity and PI of consumers toward private label apparels. When there is a mediator, the direct influence of familiarity on PI is absorbed.
Originality/value
This research aims to offer an understanding of buyer preferences in developing markets as well as providing suggestions for retailers and marketers on how to successfully promote and position private label apparel in such an environment through investigating the importance of familiarity with private label apparel. While doing so, it develops the premise that familiarity with private label apparel directly impacts perceived risk while indirectly impacting PI of consumers towards private label apparel.
Keywords
Acknowledgements
The authors wish to thank all participants for their involvement in this research and colleagues as well as attendees at conferences for comments on earlier drafts of this manuscript.
Citation
Gandhi, M. and Ubba, S. (2024), "Mediating effect of perceived risk on familiarity and purchase intention: an empirical analysis for private label apparels", Asia-Pacific Journal of Business Administration, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/APJBA-04-2024-0178
Publisher
:Emerald Publishing Limited
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