eWOM COMPONENTS AND CONSUMER PURCHASE INTENTION : A Case Study of Millennials from Pakistan

University essay from Umeå universitet/Företagsekonomi; Umeå universitet/Företagsekonomi

Abstract: Recent technological developments have changed the lifestyle of people around the world. The business sector is not an exception, and companies frequently adjust to such changes by investing in their online presence. Furthermore, the internet provides consumers with different channels to find and share their purchase experiences, and such digital interactions result in bringing forth the electronic word of mouth (eWOM). Although eWOM is an essential aspect of the overall marketing mix of modern firms, its research is heavily limited to the developed world. Thus, a qualitative study of 10 millennials from Pakistan was designed to understand how three eWOM components, i.e., Valence, Channels, and Length, affect consumer purchase intentions. The data was collected through semi-structured online interviews, and the findings show that each component has a significant impact on purchase intentions. The result confirms factors such as communicator credibility, trustworthiness, and Valence ratio as essential characteristics of the eWOM components. This study contributes to further understanding of global consumers and help companies to identify eWOM components useful for promoting and selling their products in the Pakistani market.

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