Title: The impact of livestream on the customer's buying intention in an emerging economy: the case of products endorsed by celebrity
Authors: Thanh-Binh Phung; Hoang Nguyen Dai; Doan Viet Phuong Nguyen
Addresses: University of Economics and Law, No. 669, Highway 1, Quarter 3, Linh Xuan Ward, Thu Duc City, Ho Chi Minh City, Vietnam; Vietnam National University Ho Chi Minh City, Quarter 6, Linh Trung Ward, Thu Duc City, Ho Chi Minh City, Vietnam ' University of Economics and Law, No. 669, Highway 1, Quarter 3, Linh Xuan Ward, Thu Duc City, Ho Chi Minh City, Vietnam; Vietnam National University Ho Chi Minh City, Quarter 6, Linh Trung Ward, Thu Duc City, Ho Chi Minh City, Vietnam ' University of Economics and Law, No. 669, Highway 1, Quarter 3, Linh Xuan Ward, Thu Duc City, Ho Chi Minh City, Vietnam; Vietnam National University Ho Chi Minh City, Quarter 6, Linh Trung Ward, Thu Duc City, Ho Chi Minh City, Vietnam
Abstract: Livestream e-commerce is a thriving industry where endorsement effectiveness is critical in the persuading process. However, there has been little research into the livestream e-commerce phenomenon and how online celebrities' characteristics influence customers' decisions. Based on the uses and gratifications theory, credibility and match-up hypothesis research, the study adopts a quantitative approach to collect survey data from 398 participants in Vietnam. Through that, the livestream e-commerce research paradigm was analysed using partial least squares structural equation modelling (PLS-SEM). The findings indicate that endorser-product and live content-product congruence have a beneficial impact on the endorser's attractiveness, trustworthiness, information quality and emotional experience. These variables, in turn, boost the customer's perceived value, which increases their buying intention. Additionally, endorsers' attractiveness has also been illustrated to reinforce the customers buying intention. From the results, several implications are suggested for marketers and online celebrities in order to enhance endorsement effectiveness.
Keywords: endorser; credibility; livestream; buying intention; match-up hypothesis.
DOI: 10.1504/IJBEM.2023.134082
International Journal of Business and Emerging Markets, 2023 Vol.15 No.4, pp.346 - 379
Received: 06 May 2022
Accepted: 12 Apr 2023
Published online: 10 Oct 2023 *