Attractiveness of discount rate versus limited quantity: The moderating effect of temporal distance
Purpose - This paper aims to examine how the temporal distance can influence the effect of the scarcity message. To demonstrate this effect, the authors use the limited-quantity flash sales and compare two types of mixed promotion method comprising discount rate and limited quantity. Design/methodol...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Emerald Publishing
2017-01-01
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Series: | Asia Pacific Journal of Innovation and Entrepreneurship |
Subjects: | |
Online Access: | https://www.emeraldinsight.com/doi/pdfplus/10.1108/APJIE-12-2016-001 |
Summary: | Purpose - This paper aims to examine how the temporal distance can influence the effect of the scarcity message. To demonstrate this effect, the authors use the limited-quantity flash sales and compare two types of mixed promotion method comprising discount rate and limited quantity. Design/methodology/approach - The results of the experiment reveal that consumers in the temporally distant condition have a relatively high-level construal of the limited-quantity flash sales and are more likely to value desirability (discount rate) over feasibility (limited quantity). Findings - When the expected value is identical, consumers prefer limited-quantity flash sales with smaller limited quantity but higher discount rates. However, consumers in the temporally near condition have a relatively low-level construal of the limited-quantity flash sales and are more likely to value feasibility (limited quantity) over desirability (discount rate). Originality/value - When the expected value is identical, consumers prefer limited-quantity flash sales with lower discount rates but larger limited quantity. |
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ISSN: | 2071-1395 2398-7812 |