TY - GEN
T1 - Influencers and the Purchase Decision
T2 - 18th European Conference on Innovation and Entrepreneurship, ECIE 2023
AU - Moreno-Lopez, Mathews Isai
AU - Cordova-Buiza, Franklin
AU - Grillo-Torres, Camilo Mauricio
AU - Auccahuasi, Wilver
N1 - Publisher Copyright:
© 2023 Academic Conferences and Publishing International Limited. All rights reserved.
PY - 2023
Y1 - 2023
N2 - Nowadays, influencers have become a fundamental part of innovative marketing strategies in global brands and companies. Since the emergence of social networks, they have become more relevant in these virtual spaces where Millennials have become the main protagonists, causing personal care brands to direct their efforts towards these new strategies. Within this context, the objective of this research is to determine whether there is a relationship between influencers and the decision to purchase products in the personal care market through the social network Instagram, in Lima, the capital of Peru. The research is applied with a quantitative approach, correlational in scope and non-experimental in nature. The survey was used as a research technique and the questionnaire as a data collection instrument with Likert scale questions, to assess reliability a Cronbach's Alpha of 0.810 was obtained, the sample consisted of young people aged 18 to 25 years and the fieldwork was conducted through social networks. The results show a significant correlation between influencers and the decision to purchase personal care products, with a Spearman's Rho of 0.309. In addition, it was also revealed that 38% of the respondents considered that a large number of followers was not enough to determine the credibility of an influencer. Finally, it was possible to verify that the alternative hypotheses were accepted and that there is indeed a relationship between influencers and the purchase decision. It can be concluded that influencers are considered an important source of information, they determine the purchase decision in well-positioned companies and enterprises, but this depends a lot on the impact of their speech; it is also concluded that many speeches reduce their relevance because they do not feel sincere and show only the purpose of selling.
AB - Nowadays, influencers have become a fundamental part of innovative marketing strategies in global brands and companies. Since the emergence of social networks, they have become more relevant in these virtual spaces where Millennials have become the main protagonists, causing personal care brands to direct their efforts towards these new strategies. Within this context, the objective of this research is to determine whether there is a relationship between influencers and the decision to purchase products in the personal care market through the social network Instagram, in Lima, the capital of Peru. The research is applied with a quantitative approach, correlational in scope and non-experimental in nature. The survey was used as a research technique and the questionnaire as a data collection instrument with Likert scale questions, to assess reliability a Cronbach's Alpha of 0.810 was obtained, the sample consisted of young people aged 18 to 25 years and the fieldwork was conducted through social networks. The results show a significant correlation between influencers and the decision to purchase personal care products, with a Spearman's Rho of 0.309. In addition, it was also revealed that 38% of the respondents considered that a large number of followers was not enough to determine the credibility of an influencer. Finally, it was possible to verify that the alternative hypotheses were accepted and that there is indeed a relationship between influencers and the purchase decision. It can be concluded that influencers are considered an important source of information, they determine the purchase decision in well-positioned companies and enterprises, but this depends a lot on the impact of their speech; it is also concluded that many speeches reduce their relevance because they do not feel sincere and show only the purpose of selling.
KW - Marketing
KW - influencer marketing
KW - influencers
KW - personal care
UR - http://www.scopus.com/inward/record.url?scp=85178097877&partnerID=8YFLogxK
M3 - Contribución a la conferencia
AN - SCOPUS:85178097877
T3 - Proceedings of the European Conference on Innovation and Entrepreneurship, ECIE
SP - 651
EP - 659
BT - Proceedings of the 18th European Conference on Innovation and Entrepreneurship, ECIE 2023
A2 - Moreira, Fernando
A2 - Moreira, Fernando
A2 - Jayantilal, Shital
PB - Academic Conferences and Publishing International Limited
Y2 - 21 September 2023 through 22 September 2023
ER -