Influencers and the Purchase Decision: A Correlation in the Personal Care Products Sector

Authors

  • Mathews Isai Moreno-Lopez Business Faculty, Universidad Privada del Norte, Lima, Peru
  • Franklin Cordova-Buiza Research, Innovation and Social Responsibility Department, Universidad Privada del Norte, Lima, Peru / Faculty of Business Sciences, Universidad Continental, Huancayo, Peru
  • Camilo Mauricio Grillo-Torres Programa Mercadeo Digital, Corporación Universitaria de Asturias, Bogotá, Colombia
  • Wilver Auccahuasi Faculty of Business and Systems Engineering, Universidad Cientifica del Sur, Lima, Peru

DOI:

https://doi.org/10.34190/ecie.18.1.1352

Keywords:

Marketing, influencers, influencer marketing, personal care

Abstract

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.

Author Biographies

Mathews Isai Moreno-Lopez, Business Faculty, Universidad Privada del Norte, Lima, Peru

Mathews Isai Moreno-López has a degree in Administration and Marketing from Universidad Privada del Norte (UPN). He took part of the Marketing Protocol team of his University in 2016, 2017 and 2018; joint realizer of the first International Marketing Seminar (SIM) organized by UPN. In addition, he participated in the University CADE 2019. Thanks to the passion for the digital world, today he works in creative areas as a content creator, copywriter and trend hunter.

Franklin Cordova-Buiza, Research, Innovation and Social Responsibility Department, Universidad Privada del Norte, Lima, Peru / Faculty of Business Sciences, Universidad Continental, Huancayo, Peru

Franklin Cordova-Buiza has a master's in Administration with a mention in business management from the Universidad Nacional Mayor de San Marcos, Perú; Bachelor of Tourism Administration from the Universidad Nacional Mayor de San Marcos, Perú; Bachelor of Education at the San Ignacio de Loyola University, Perú; with Postgraduate Specialization in Marketing and Tourism Business Plans. University Professor, researcher and consultant; author of scientific articles related to tourism and marketing.

Wilver Auccahuasi, Faculty of Business and Systems Engineering, Universidad Cientifica del Sur, Lima, Peru

Wilver Auccahuasi Aiquipa is a Computer and Systems Engineer from the University of San Martin de Porres, with a Master's Degree in Bioethics from the University of Valencia, with a Master's Degree in Project Management from the Universidad Internacional Iberoamericana.

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Published

2023-09-18