Influence of the cognitive bias Loss Aversion in the purchase decision process in the perfume direct sales channel Other Languages

ID:
70132
Abstract:
Objective – To verify if the cognitive bias “loss aversion” increases sales in the direct sales channel as observed in traditional retail. Method - A quantitative approach was used, with a causal method and experimental nature in two field experiments, the population consisted of 2,308 resellers who work in the beauty and personal care sector of a well-known Brazilian cosmetics brand, during the experiments retailers' purchase data after activation by mobile marketing with different gain and loss frameworks, for the same communication, the first experiment focused on financial stimulus and the second on hedonic attributes of the products. Main results – Evidence of better sales performance was found when communication arouses the feeling of loss, however t,he Mann-Whitney statistical procedure did not find the necessary significance to support and validate the influence on sales of the loss aversion bias in the direct sales channel. Theoretical contributions – The present work contributes to the evolution of knowledge and potential applications of cognitive biases, the basis of behavioral economics, expanding the scope of the influence of perspective theory on consumer decision making. Relevance – Contributes to the direct sales channel, an important sector of the economy but lacking in scientific research, with a better understanding of the decision-making process of its consumers, helping companies to develop more efficient communication for their target audience.
ABNT Citation:
SUZART, F.; SARFATI, G. Influência do viés cognitivo Aversão à Perda no processo de decisão de compra no canal de venda direta de perfumaria . Revista de Administração da Unimep, v. 19, n. 13, p. 241-262, 2022.
APA Citation:
Suzart, F., & Sarfati, G. (2022). Influência do viés cognitivo Aversão à Perda no processo de decisão de compra no canal de venda direta de perfumaria . Revista de Administração da Unimep, 19(13), 241-262.
Permalink:
https://www.spell.org.br/documentos/ver/70132/influence-of-the-cognitive-bias-loss-aversion-in-the-purchase-decision-process-in-the-perfume-direct-sales-channel/i/en
Document type:
Artigo
Language:
Português