Title: The effect of demographic characteristics on considerations of future consequences and compulsive buying and their interlinks
Authors: A.F.M. Jalal Ahamed
Addresses: School of Business, University of Skövde, Högskolevägen 8, SE-541 28 Skövde, Sweden
Abstract: This study aims to examine the impacts of demographic variables (gender, age, and income) on consideration of future consequences (CFCs) and compulsive buying tendencies (CBT). It also investigates if and to what extent the demographic characteristics might influence the effect of CFC on CBT. Data for this study were collected from 394 adult respondents using a self-administered survey. The structural equation model in AMOS reveals that consideration of future (CFC-F) has a significant negative effect on CBT, whereas consideration of immediate (CFC-I) has no significant effect. In addition, the multi-group analysis found that the influence of CFC on CBT does not change across genders, yet it varies with income and age differences. These novel insights into consumer behaviour have implications for both research and practice.
Keywords: Bangladesh; consideration of future; CFC-F; consideration of immediate; CFC-I; compulsive buying tendency; CBT; multi-group analysis.
DOI: 10.1504/IJBEM.2022.123873
International Journal of Business and Emerging Markets, 2022 Vol.14 No.3, pp.279 - 295
Received: 06 Mar 2021
Accepted: 10 Jun 2021
Published online: 04 Jul 2022 *