The influence of sustainable promotion strategies on online shopping consumer decision-making from the perspective of behavioral economics
DOI:
https://doi.org/10.61173/ghb4a523Keywords:
Behavioral Economics, Sustainable promotion strategies, Consumer decision-making, green consumption, e-commerce platformsAbstract
From the perspective of behavioral economics, this report focuses on the Tmall platform to explore the impact of sustainable promotion strategies on consumer decision-making behaviors on e-commerce platforms. Firstly, the research analyzed the existing research status through a literature review, then collected the behavioral data of consumers in promotion activities through a questionnaire survey, and conducted model analysis combined with behavioral economics theory to evaluate the effect of promotion strategies. The purpose of the study is to reveal the mechanism of different promotion strategies in the consumer decision-making process and to provide substantive recommendations for optimizing the promotion strategies of e-commerce platforms to enhance the user experience, promote green consumption, and promote the sustainable development of e-commerce platforms. The research results can provide theoretical support and practical guidance for e-commerce platforms and policymakers in promoting sustainable consumption.References
Carrington, M.J., Neville, B.A., Whitwell, G.J. (2014) Lost in translation: Exploring the ethical consumer intention–behavior gap. Journal of Business Research, 67: 2759–2767.
Chen, Y.S., Chang, C.H. (2013) Towards green trust: The influences of green perceived quality, green perceived risk, and green satisfaction. Management Decision, 51: 63–82. Demarque, C., Charalambides, L., Hilton, D.J., Waroquier, L. (2015) Nudging sustainable consumption: The use of descriptive norms to promote a minority behavior in a realistic online shopping environment. Journal of Environmental Psychology, 43: 166–174.
Han, S., Gupta, S., & Lehmann, D. R. (2001). Consumer price sensitivity and price thresholds. Journal of Retailing, 77(4), 435–456.
Kahneman, D., Tversky, A. (1979) Prospect theory: An analysis of decision under risk. Econometrica, 47(2): 263–292.
Menegaki, A.N., Tiwari, A.K. (2023) Willingness to Pay for New Technologies and Environmental Technologies in Hotels: A Multinomial Logit Approach. Journal of the Knowledge Economy.
Peschel, A.O., Grebitus, C., Steiner, B., Veeman, M. (2016) How does consumer knowledge affect environmentally sustainable choices? Evidence from a cross-country latent class analysis of food labels. Appetite, 106: 78–91.
Thaler, R.H. (1985) Mental accounting and consumer choice. Marketing Science, 4: 199–214.
Trevisan, E. (2016). The Irrational Consumer. Routledge.
Walker, E., Rahman, A. (2024) Behavioral Economics in Pricing Strategies: A Review of Prospect Theory and Loss Aversion in Consumer Markets. Business, Marketing, and Finance Open, 1(1): 52–62.
White, K., Habib, R., & Hardisty, D. J. (2019). How to SHIFT Consumer Behaviors to be More Sustainable: A Literature Review and Guiding Framework. Journal of Marketing, 83(3), 22-49.
Downloads
Published
Issue
Section
License
Copyright (c) 2024 by the authors.

This work is licensed under a Creative Commons Attribution 4.0 International License.
