Is it Impossible for Generation Z to Engage in Mindful Consumption Behaviour While Experiencing Fomo?
DOI:
https://doi.org/10.21512/tw.v25i2.11962Keywords:
fear of missing out, FOMO, social media fatigue, mindfulness, mindful consumption behaviourAbstract
FOMO is often employed as an effective marketing strategy to increase excessive consumption behavior among Generation Z. However, over-reliance on FOMO strategies poses a threat to marketers, as excessive exposure to information on social media can lead to social media fatigue, which may hinder the development of mindful consumption behaviour. This research aimed to examine the relationship between fear of missing out (FOMO), social media fatigue (SMF), mindfulness, and mindful consumption behaviour (MCB) in Generation Z. This research adopted an empirical approach through quantitative analysis. The proposed theoretical model was empirically tested using primary data collected by a self-designed structured questionnaire. The research sample comprised individuals aged between 13 and 25, as this demographic is the most active user on social media. The model was empirically tested using structural equation modelling applied through partial least squares (PLS) software. The findings reveals the significance of FOMO in influencing social media fatigue, mindfulness, and mindful consumption behaviour in Generation Z. FOMO is confirmed as a predictor of consumption behavior, specifically mindful consumption behavior. Also, FOMO is found to have a significant correlation with social media fatigue, which is due to the excessive exposure to various information on social media by Generation Z.
Plum Analytics
References
Alfina, Hartini, S., & Mardhiyah, D. (2023). FOMO related consumer behaviour in marketing context: A systematic literature review. Cogent Business & Management, 10(3). https://doi.org/10.1080/23311975.2023.2250033.
Argan, M., & Tokay-Argan, M. (2018). Fomsumerism: A Theoretical Framework. International Journal of Marketing Studies, 10(2), 109-117. https://doi.org/10.5539/ijms.v10n2p109.
Argan, M., & Argan, M. T. (2019). Toward a new understanding of FOMO: “Fomsumerism.” Pazarlama Teorisi ve Uygulamaları Dergisi, 5(2), 277-302.
Argan, M., Argan, M. T., Aydınoğlu, N. Z., & Özer, A. (2022). The delicate balance of social influences on consumption: A comprehensive model of consumer-centric fear of missing out. Personality and Individual Differences, 194. https://doi.org/10.1016/j.paid.2022.111638.
Arnaz-Pamberton, E. (2019, May 29). Generation of Mindfulness. Wellingtone. https://wellingtone.co.uk/generation-of-mindfulness/
Aurel, J. G., & Paramita, S. (2021). FOMO and JoMO phenomenon of active millennial Instagram users at 2020 in Jakarta. Proceedings of the International Conference on Economics, Business, Social, and Humanities (ICEBSH 2021), 570, 722-729. https://doi.org/10.2991/assehr.k.210805.114.
Berthon, P., Pitt, L., & Campbell, C. (2019). Addictive de-vices: A public policy analysis of sources and solutions to digital addiction. Journal of Public Policy and Marketing, 38(4), 451-468. https://doi.org/10.1177/0743915619859852.
Brown, K. W., & Ryan, R. M. (2003). The benefits of being present: Mindfulness and its role in psychological well-being. In Journal of Personality and Social Psychology, 84(4), 822-848. https://doi.org/10.1037/0022-3514.84.4.822.
Dogan, V. (2019). Why do people experience the fear of missing out (FOMO)? Exposing the link between the self and the FOMO through self-construal. Journal of Cross-Cultural Psychology, 50(4), 524-538. https://doi.org/10.1177/0022022119839145.
Fornell, C., & Larcker, D. F. (1981). Evaluating structural equation models with unobservable variables and measurement error. Journal of Marketing Research, 18(1), 39-50. https://doi.org/10.2307/3151312.
Geiger, S. M., Fischer, D., Schrader, U., & Grossman, P. (2020). Meditating for the Planet: Effects of a mindfulness-based intervention on sustainable consumption behaviors. Environment and Behavior, 52(9), 1012-1042. https://doi.org/10.1177/0013916519880897.
Good, M. C., & Hyman, M. R. (2020). ‘Fear of Missing Out’: Antecedents and Influence on purchase likelihood. Journal of Marketing Theory and Practice, 28(3), 330-341. https://doi.org/10.1080/10696679.2020.1766359.
Gupta, S. (2019). Mindful Consumption - Antecedents, Consequences And Marketing Implications [Dissertation, University of Delhi]. https://ssrn.com/abstract=3983195
Gupta, S., & Verma, H. (2019). Mindful consumption behaviour: Scale development and validation. Asian Journal of Multidimensional Research (AJMR), 8(5), 271-278. https://doi.org/10.5958/2278-4853.2019.00200.3.
Gupta, S., & Verma, H. V. (2020). Mindfulness, mindful consumption, and life satisfaction: An experiment with higher education students. Journal of Applied Research in Higher Education, 12(3), 456-474. https://doi.org/10.1108/JARHE-11-2018-0235.
Hattingh, M., Dhir, A., Ractham, P., Ferraris, A., & Yahiaoui, D. (2022). Factors mediating social media-induced fear of missing out (FOMO) and social media fatigue: A comparative study among Instagram and Snapchat users. Technological Forecasting and Social Change, 185. https://doi.org/10.1016/j.techfore.2022.122099.
Herabadi, A. G. (2003). Buying impulses: A study on impulsive consumption. [Doctoral Thesis, University of Nijmegen]. Radboud Repository. https://repository.ubn.ru.nl/bitstream/handle/2066/19379/19379.pdf?sequence=1
Hodkinson, C. (2019). ‘Fear of Missing Out’ (FOMO) marketing appeals: A Conceptual Model. Journal of Marketing Communications, 25(1), 65-88. https://doi.org/10.1080/13527266.2016.1234504.
Jin, Y., Zhang, M., Wang, Y., & An, J. (2020). The relationship between trait mindfulness, loneliness, regulatory emotional self-efficacy, and subjective well-being. Personality and Individual Differences, 154. https://doi.org/10.1016/j.paid.2019.109650.
Kang, I., He, X., & Shin, M. M. (2020). Chinese consumers’ herd consumption behavior related to Korean luxury cosmetics: The mediating role of fear of missing out. Frontiers in Psychology, 11, 1-13. https://doi.org/10.3389/fpsyg.2020.00121.
Kang, I., & Ma, I. (2020). A Study on bandwagon consumption behavior based on fear of missing out and product characteristics. Sustainability (Switzerland), 12(6). https://doi.org/10.3390/su12062441.
Kilburn, E. (2019, January 28). Envy and FOMO on social media: How to escape the cycle. Welldoing. https://welldoing.org/article/escaping-fomo-social-media-escape-the-cycle
Kotler, P. (2021, January 29). Mindful Consumption and Production. Medium. https://4pkotler.medium.com/mindful-consumption-and-production-6f780e4df3e7
Kumar, R., Prabha, V., Kumar, V., & Saxena, S. (2023). Mindfulness in marketing & consumption: A review & research agenda. Management Review Quarterly, 74, 977-1001. https://doi.org/10.1007/s11301-023-00323-x.
Li, Y., Wei, L., Zeng, X., & Zhu, J. (2021). Mindfulness in ethical consumption: The mediating roles of connectedness to nature and self-control. International Marketing Review, 38(4), 756-779. https://doi.org/10.1108/IMR-01-2019-0023.
Logan, K., Bright, L. F., & Grau, S. L. (2018). “Unfriend Me, Please!”: Social media fatigue and the theory of rational choice. Journal of Marketing Theory and Practice, 26(4), 357-367. https://doi.org/10.1080/10696679.2018.1488219.
Milne, G. R., Ordenes, F. V., & Kaplan, B. (2020). Mindful consumption: Three consumer segment views. Australasian Marketing Journal, 28(1), 3-10. https://doi.org/10.1016/j.ausmj.2019.09.003.
Przybylski, A. K., Murayama, K., Dehaan, C. R., & Gladwell, V. (2013). Motivational, Emotional, and Behavioral Correlates of Fear of Missing Out. Computers in Human Behavior, 29(4), 1841-1848. https://doi.org/10.1016/j.chb.2013.02.014.
Rautela, S., & Sharma, S. (2022). Fear of missing out (FOMO) to the joy of missing out (JOMO): Shifting dunes of problematic usage of the internet among social media users. Journal of Information, Communication and Ethics in Society, 20(4), 461-479. https://doi.org/10.1108/JICES-06-2021-0057.
Rosenberg, E. L. (2005). Mindfulness and Consumerism. In T. Kasser & A. D. Kanner (Eds.), Psychology and Consumer Culture: The Struggle for a Good Life in a Materialistic World (pp. 107-125). American Psychological Association. https://doi.org/10.1037/10658-007.
Sermboonsang, R., Tansuhaj, P. S., Silpakit, C., & Chaisuwan, C. (2020). Mindfulness-based transformational learning for managing impulse buying. Journal of Education for Business, 95(2), 129-137. https://doi.org/10.1080/08832323.2019.1618233.
Sheth, J. N., Sethia, N. K., & Srinivas, S. (2011). Mindful Consumption: A customer-centric approach to Sustainability. Journal of the Academy of Marketing Science, 39(1), 21-39. https://doi.org/10.1007/s11747-010-0216-3.
Tan, Y., Gong, Y., Xie, J., Li, J., & Liu, Y. (2022). More mindfulness, less conspicuous consumption? Evidence from middle-aged chinese consumers. Journal of Retailing and Consumer Services, 69. https://doi.org/10.1016/j.jretconser.2022.103096.
Tandon, A., Kaur, P., Dhir, A., & Mäntymäki, M. (2020). Sleepless due to social media? Investigating problematic sleep due to social media and social media sleep hygiene. Computers in Human Behavior, 113. https://doi.org/10.1016/j.chb.2020.106487.
Tandon, A., Dhir, A., Islam, N., Talwar, S., & Mäntymäki, M. (2021). Psychological and behavioral outcomes of social media-induced fear of missing out at the workplace. Journal of Business Research, 136, 186-197. https://doi.org/10.1016/j.jbusres.2021.07.036.
Utami, S. N., & Gischa, S. (2023, January 2). Jangan Tertukar, Ini Pengertian Generasi X, Z, Milenial, dan Baby Boomers. Kompas. https://www.kompas.com/skola/read/2021/04/17/130000069/jangan-tertukar-ini-pengertian-generasi-x-z-milenial-dan-baby-boomers
Xiao, L., & Mou, J. (2019). Social Media fatigue-technological antecedents and the moderating roles of personality Traits: The case of WeChat. Computers in Human Behavior, 101, 297-310. https://doi.org/10.1016/j.chb.2019.08.001.
Yiğit, M. K. (2020). Consumer mindfulness and impulse buying behavior: Testing moderator effects of hedonic shopping value and mood. Innovative Marketing, 16(4), 24-36. https://doi.org/10.21511/im.16(4).2020.03.
Zhang, J., Jiang, N., Turner, J. J., & Pahlevan-Sharif, S. (2022). The impact of scarcity on consumers’ impulse buying based on the S-O-R theory. Frontiers in Psychology, 13. https://doi.org/10.3389/fpsyg.2022.792419.
Zhu, X., & Bao, Z. (2018). Why people use social networking sites passively: An empirical study integrating impression management concern, privacy concern, and SNS fatigue. Aslib Journal of Information Management, 70(2), 158-175. https://doi.org/10.1108/AJIM-12-2017-0270.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Alfina; Marisya Mahdia Khoirina, Nova Ridho Sisprasojo, Angela Ayu Kusumaning Ratri
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Authors who publish with this journal agree to the following terms:
a. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License - Share Alike that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
b. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
c. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
USER RIGHTS
All articles published Open Access will be immediately and permanently free for everyone to read and download. We are continuously working with our author communities to select the best choice of license options, currently being defined for this journal as follows: Creative Commons Attribution-Share Alike (CC BY-SA)