Final MT Report - Juhi Singh
Final MT Report - Juhi Singh
Final MT Report - Juhi Singh
Submitted By
JUHI SINGH
USN: 22MBAR0745
1
MENTOR CERTIFICATE
This is to certify that this Research report submitted to Faculty of Management Studies, CMS
Business School, JAIN (Deemed-to-be University), Bangalore, by Juhi Singh,
USN:22MBAR0745 is a record of research done on the topic “The impact of influencer
marketing on consumer behavior: an in-depth analysis of fashion industry”. This work
was done during the academic year 2023 - 24, under my guidance and supervision.
The manuscript has been submitted to plagiarism check by TURNITIN software. This research
report has not been submitted for the award of any Degree, Diploma, Associateship or
Fellowship or any other title in this University or any other University.
2
DECLARATION
I, hereby declare that this Master Thesis Report on “The impact of influencer marketing on
consumer behavior: an in-depth analysis of fashion industry” is prepared by me during the
academic year 2023 – 24 under the guidance of Dr. Trupti Dandekar, Associate Professor,
CMS Business School Jain (deemed-to-be University).
This report is not based on any previously submitted project for the award of Degree or
Diploma offered by any University. It is the result of my own effort.
Signature:
USN: 22MBAR0745
Semester: IV
Section: CM3
3
No Objection for Publication/IPR Processing
This is to certify that the Master Thesis Report titled “The impact of influencer marketing
on consumer behavior: an in-depth analysis of fashion industry” was completed by Ms. Juhi
Singh, USN:22MBAR0745 at Faculty of Management Studies, CMS Business School, JAIN
(Deemed-to-be University) under the supervision of Dr. Trupti Dandekar.
We have no objection if the University uses the contents for any kind of publication –
print/online, including but not limited to IPR-related processing in the future. We hereby
authorize the University authorities to take all decisions pertaining to the same and will abide
by their decisions.
Date: Signature:
4
ACKNOWLEDGEMENT
I wish to take this opportunity to express my gratitude to each one who helped me in the
completion of the work. I am very glad to express my gratitude to Dr. Harold Patrick, Dean,
CMS Business School, Jain (deemed-to-be University), for giving me this opportunity. I would
like to extend my gratitude to my internal guide Dr. Trupti Dandekar, Associate Professor, CMS
Business School, Jain (deemed-to-be University), for his valuable advice, suggestions, and
encouragement throughout the course of the work.
I am also thankful to all the respondents who have extended their cooperation in providing me
with the necessary data for completing this study on time.
Signature:
USN: 22MBAR0745
Semester: IV
Section: CM-3
5
Abstract
This master's thesis delves into the transformative role of influencer marketing within the
fashion industry, examining its repercussions on consumer behavior. In an era dominated by
social media, influencers have emerged as pivotal figures, shaping consumer preferences and
decisions. This research adopts a mixed-methods approach, combining quantitative analysis of
consumer purchasing patterns with qualitative insights from interviews with both influencers
and consumers. The study is grounded in established theories of marketing communications
and consumer behavior, while also drawing upon contemporary discussions around digital
culture and social media's persuasive power.
The findings reveal a nuanced landscape where influencer marketing not only significantly
impacts consumer purchase decisions but also reshapes the traditional dynamics of trust,
authenticity, and engagement within the fashion sector. Influencer credibility and the perceived
authenticity of content are identified as key determinants of effectiveness in influencer
marketing strategies. Additionally, the research highlights a paradigm shift towards a more
interactive and personalized consumer experience, facilitated by influencers' unique position
at the intersection of peer and marketer.
This thesis contributes to the academic discourse by offering a comprehensive analysis of the
mechanisms through which influencer marketing influences consumer behavior in the fashion
industry. It provides empirical evidence of the strategies' effectiveness and outlines the
implications for marketers aiming to leverage influencers in their campaigns. Furthermore, it
suggests areas for future research, particularly in the realm of ethical considerations and the
long-term sustainability of influencer marketing as a dominant force in consumer goods
industries.
Keywords: Influencer Marketing, Consumer Behavior, Fashion Industry, Social Media, Marketing Communications,
Consumer Engagement, Trust.
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Table of Contents
2.5 Methods for Data Collection & Variables of the Study .............................................................. 21
7
References............................................................................................................................................. 47
Appendix ............................................................................................................................................. 50
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List of Figures and Tables
Fig. 2 1 Research Model and Framework............................................................................... 21
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CHAPTER 1
INTRODUCTION AND
REVIEW OF
LITERATURE
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1.1 Rationale for the Study and Motivation
In recent years, social media influencers have become a significant player in the fashion
industry, impacting the purchasing behavior of consumers. This research paper aims to
investigate the impact of influencer marketing on consumer behavior in the fashion industry.
The paper will delve into the key psychological factors that influence the decision-making
process of consumers when influenced by social media influencers. Additionally, the paper will
explore how social media influencers affect brand loyalty and consumer trust in the fashion
industry. The study of these factors will provide valuable insights into the growing phenomenon
of influencer marketing and its implications for the fashion industry.
Social media influencers play a significant role in shaping consumer behaviors in the fashion
industry. Research indicates that influencers can influence the fashion style adopted by
consumers, especially among the younger demographic. Factors such as technical skills and
informativeness of influencers significantly impact counterfeit purchase intentions among the
young generation. Consumers' attitudes towards influencers positively influence brand
attitudes and purchase intentions, with perceived expertise and behavioral control playing
crucial roles. Moreover, the mediation of brand equity and attitude toward the influencer
enhances the positive influence of social media marketing activities and trust on purchase
intentions. Overall, influencers help create brand awareness, image, and familiarity, ultimately
leading to purchase intentions and customer loyalty.
Consumers trust social media influencers more than traditional advertising methods, making
them valuable assets to fashion brands. Influencers can create a sense of urgency and
exclusivity around certain products, leading to increased sales. However, authenticity and
transparency are important factors in the effectiveness of influencer marketing in the fashion
industry. The slow fashion community encourages ethical practices in the fashion industry and
shares news on policies, wages, bills, and changes needed to fix harmful effects caused by fast
fashion brands. Furthermore, social media has played a big role in promoting fashion trends
and designs. In fact, if a trend is not posted on social media, it won't become trendy. While
social media influences can have a positive impact on the industry, there is also a growing
concern that they have a detrimental impact on it as well. The increasing number of fast fashion
influencers has raised questions about the sustainability of the fashion industry. Nonetheless, it
is undeniable that social media influencers have a remarkable capacity to mold the choices and
purchasing decisions of individuals, making them a crucial factor in shaping trends and
promoting fashion brands in the industry.
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1.2. Statement of the Research Problem
This research aims to conduct a thorough investigation into the influence of social media on
consumer behaviour, particularly within the context of the fashion industry. It will focus on
understanding how social media influencers impact aspects such as customer behaviour and
purchase decision. In today's digitally connected world, where consumer loyalty plays a pivotal
role in business success and efficient customer engagement is a key competitive edge, it is
crucial to analyse how social media integration influences these crucial factors shaping
consumer behaviour.
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1.3. Review of Literature
According to Ki & Kim (2019), influencers play a significant role in the decision-making
process of their followers, who often base their decisions on the influencers' advice. Cosenza
et al. (2015) demonstrate that followers' perceptions of influencers' credibility strongly
influence their behavioural intentions, as they trust and act upon the information shared by
influencers on social media. Moreover, Ki and Kim (2019) suggest that when followers express
positive opinions about an influencer, they are more inclined to follow the influencer's
recommendations and share their content with others who may share similar interests.
Overall, influencer marketing, whether through social media influencers or VIs, plays a pivotal
role in shaping consumer behaviour and purchase decisions in the fashion industry. Over the
past two decades, digital marketing has revolutionized global marketing by leveraging various
electronic platforms such as social media, television, radio, SMS, email, search engines,
websites, mobile applications, electronic billboards, and social networking (Krishen et al.,
2021).
Therefore, the researcher posits that followers' perceptions of influencer credibility and
attitudes towards influencers positively influence their behavioural responses, including their
likelihood to engage with the influencer's content and recommendations.
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1.4. Identification of Research Gaps
Despite the burgeoning research on several gaps remain in understanding their impact on the
influencer marketing on consumer behaviour in fashion customer loyalty. These gaps offer
fertile ground for further investigation and provide direction for this present study.
Influencer Authenticity and Brand Alignment: There is a need for more detailed research into
how consumers perceive authenticity in influencer marketing campaigns and the importance
of alignment between the influencer's personal brand and the fashion brand’s identity. This
includes examining the impact of perceived authenticity on consumer trust and purchase
intentions.
Consumer Scepticism and Resistance: Few studies have focused on the reasons behind
consumer scepticism or resistance to influencer marketing in the fashion industry. Identifying
factors that contribute to negative perceptions can help brands and influencers craft more
effective and trustworthy campaigns.
Evolution of Influencer Marketing: With the rapid evolution of digital platforms and consumer
preferences, there is a need for ongoing research to keep pace with how these changes affect
influencer marketing strategies and their impact on consumer behaviour in the fashion industry.
Addressing these research gaps will not only contribute to the theoretical understanding of
influencer marketing on fashion industry but also offer practical guidance for businesses
seeking to leverage influencer marketing for enhancing customer trust and loyalty.
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1.5. Theoretical Underpinnings
1. Social Influence Theory: This component suggests that individuals' behaviours and decisions
are influenced by the actions and opinions of others, particularly those they perceive as
influential or authoritative. In the context of influencer marketing, consumers may be swayed
by the endorsements and recommendations of fashion influencers, leading to changes in their
purchasing behaviour.
2. Cognitive Dissonance Theory: This principle posits that individuals strive for consistency in
their beliefs and actions. When consumers encounter conflicting information about a product
or brand, such as mixed reviews from influencers, they may experience cognitive dissonance.
Understanding how this theory applies can help marketers address consumer doubts and
uncertainties.
3. Self-Concept Theory: This component focuses on how individuals perceive themselves and
their identity. In the context of fashion influencer marketing, consumers may align themselves
with influencers who embody their desired self-image or lifestyle. By leveraging this theory,
marketers can tailor their strategies to resonate with consumers' self-concepts.
The Theoretical Underpinnings theory can be applied in the fashion industry to analyse the
impact of influencer marketing on consumer behaviour. By understanding the social influence,
cognitive dissonance, and self-concept theories, marketers can develop more effective
strategies to engage with consumers and drive sales. For example, by collaborating with
influencers who align with a brand's values and target audience, marketers can create authentic
and compelling content that resonates with consumers on a deeper level.
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CHAPTER 2
RESEARCH
METHODOLOGY
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Chapter 2: Research Methodology
The scope of the study on the impact of influencer marketing on consumer behaviour, with a
specific focus on the fashion industry, encompasses several key areas to ensure a
comprehensive understanding of this phenomenon. This study aims to explore, analyse, and
quantify the multifaceted ways in which influencers affect consumer choices, perceptions, and
actions within the fashion sector.
Examination of the strategies employed by fashion influencers to engage with their audience
and the analysis of the types of content that resonate most effectively with consumers in the
fashion context. Along with the exploration of the role of social media platforms in facilitating
influencer marketing.
Investigation into how consumers interact with influencer content and the extent to which this
interaction influences their purchasing decisions and to study of consumer engagement metrics
such as likes, comments, shares, and the conversion rates from influencer promotions.
Analysis of the psychological mechanisms, including trust, credibility, and social identity
theory, which explain why and how influencer marketing impacts consumer behaviour.
Examination of the concept of parasocial interaction (PSI) and its effect on consumer trust and
loyalty towards fashion brands promoted by influencers.
Identification of key demographic segments (age, gender, socioeconomic status) that are most
susceptible to influencer marketing in the fashion industry and analyse how influencer
marketing effectiveness varies across different consumer segments.
Evaluation of the perceived authenticity and credibility of influencers and their impact on
consumer behaviour. The exploration of the impact of influencer marketing on consumer
behaviour in the fashion industry has garnered significant academic and practical interest.
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2.2 Research Objectives
A crucial objective is to analyse how consumers interact with influencer content and
the extent to which this interaction influences their purchasing decisions, brand loyalty,
and engagement with the fashion industry. This involves investigating consumer
engagement metrics and understanding the consumer journey from content exposure to
purchase decision. The goal is to quantify the direct and indirect effects of influencer
marketing on consumer behaviour, providing insights into how fashion brands can
optimize their influencer collaborations.
Another objective is to identify and analyse the key demographic segments most
affected by influencer marketing in the fashion industry. This includes studying how
influencer marketing effectiveness varies across different age groups, genders, and
socioeconomic statuses. The research aims to provide a nuanced understanding of
market segmentation, helping fashion brands tailor their influencer marketing strategies
to specific consumer demographics.
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2.3 Framing of Research Hypotheses
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2.4. Research Design
This study adopts a mixed-methods approach, incorporating both quantitative and qualitative
data sources. Quantitative data will be gathered through a non-experimental, cross-sectional
survey design utilizing Google Forms to examine the relationships between, understanding
influencer marketing dynamics, analysing consumer engagement and behaviour.
This approach enables the collection of numerical data from a large sample of participants and
facilitates the exploration of statistical relationships between variables. Additionally, secondary
data from relevant journals and books will be utilized to provide context and support for the
findings derived from the primary data.
The target population for this study consists of individuals who have been influenced by
influencers for making a purchase decision. A convenience sampling method will be employed
to recruit a sample of 200 respondents, ensuring representation across various demographics
and usage patterns.
The sample size is considered sufficient to provide adequate statistical power for the analyses
planned.
A structured questionnaire will be developed and administered via Google Forms to collect
primary data from participants. The questionnaire will include items measuring the following
variables:
Trust
Perceived Usefulness
Credibility
Mediating Variable
Attitude
Customer Behaviour
Additionally, secondary data will be collected from scholarly journals and books to
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2.5 Methods for Data Collection & Variables of the Study
The following actions are going to be undertaken during the data collection process:
3. Distribution of the questionnaire via Google Forms to the target sample, with appropriate
instructions.
6. Incorporation of secondary data from relevant journals and books to complement and
contextualize the primary data.
7. Integration of both primary and secondary data sources for comprehensive analysis and
interpretation.
2.5.2 Variables of the Study The study will investigate the following variables:
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Independent Variables
Trust: This refers to the customer's belief in the influencer's genuineness and
reliability.
Perceived Usefulness: This focuses on how valuable a customer perceives the
influencer's recommendations to be.
Credibility: This relates to the customer's perception of the influencer's expertise and
knowledge within the fashion domain.
Mediating Variable
Attitude: This represents the customer's overall feelings and opinions regarding the
influencer and their recommendations
Dependent Variable
Prior to participating in the study, every participant will provide informed consent. The
confidentiality and anonymity of participants' responses will be strictly maintained. The study
will comply with all applicable ethical guidelines for research involving human subjects.
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CHAPTER 3
DATA ANALYSIS AND
INTERPRETATION
23
3.1 Techniques for Data Analysis
The analysis of data collected from 200 respondents will be conducted using the Statistical
Package for the Social Sciences (SPSS) software. This section outlines the specific techniques
that will be employed to address the research objectives and hypotheses outlined in the study.
Regression Analysis: Regression analysis will be employed to examine the direct and
mediating effects of trust, perceived usefulness and customer expectations, and attitude
on customer behaviour. By analysing the relationships between independent variables
(influencer marketing) and the dependent variable (customer behaviour), while
controlling for potential confounding variables, this technique will provide valuable
insights into the determinants of consumer behaviour in the fashion industry.
Data Interpretation: Upon completion of the data analysis using SPSS, the findings will be
interpreted in relation to the research objectives and hypotheses. The results will be assessed
to determine the extent to which trust, credibility, perceived benefit, and attitude influence
consumer behaviour within the fashion industry.
Any significant relationships identified through statistical analysis will be discussed in detail,
highlighting their implications for theory, practice, and future research directions.
24
3.2 Hypothesis Testing and Methodology
The hypotheses investigated were formulated based on the research objectives and guided by
the theoretical framework. These hypotheses encompass the primary hypothesis along with
specific and integration hypotheses, aiming to explore the correlations between influencer-
related variables and consumer behavior within the fashion industry.
Hypothesis testing follows a structured approach geared towards scrutinizing the validity of
proposed relationships or assertions. The following steps will be undertaken to test the
hypotheses outlined in this study:
The null hypothesis (H0) posits that there exists no significant relationship between the
variables under scrutiny, while the alternative hypothesis (H1) suggests the presence of a
significant relationship. These hypotheses were formulated based on the research objectives
and theoretical frameworks.
The level of significance (α) denotes the threshold for refuting the null hypothesis. Typically,
a significance level of 0.05 is adopted, implying a 5% likelihood of Type I error.
Based on the nature of the hypotheses and the data amassed, suitable statistical tests were
chosen. These encompass regression analysis to explore direct and mediating effects, as well
as one-way ANOVA to compare consumer behavior across varying levels of influencer
marketing.
Data collection involved soliciting responses from 200 participants, and the gathered data will
be scrutinized employing the Statistical Package for the Social Sciences (SPSS) software.
Descriptive statistics, regression analysis, and ANOVA will be utilized to analyze the data and
assess the hypotheses.
After data analysis, the findings will be interpreted vis-à-vis the hypotheses under examination.
Statistical significance, effect sizes, and other pertinent metrics will be considered to ascertain
the validity of the hypotheses.
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Step 6: Draw Conclusions
Based on the results of hypothesis testing, conclusions will be drawn regarding the
relationships between influencer marketing-related variables and consumer behavior within the
fashion industry. The implications of the findings for theory, practice, and future research will
be discussed. By following these steps, the hypotheses derived from the research objectives will
be systematically tested, contributing to a deeper understanding of the impact of influencers on
consumer behavior and trust.
Data Interpretation
Descriptive Statistics
N Minim Maxim Mean Std. Deviation
um um
What is your age 200 1 4 2.27 1.122
group?
How often do you 200 1 4 2.39 1.074
engage with
influencer content
related to fashion?
What factors 200 1 4 2.35 .977
influence your
decision to follow a
fashion influencer?
How important is 200 1 4 2.37 .949
trust in an
influencer's
recommendations
when making a
fashion-related
purchase?
Do you believe that 200 1 4 2.59 .911
influencers genuinely
use the products they
promote?
How much does an 200 1 4 2.38 1.011
influencer's
credibility affect your
perception of the
brand they promote?
Have you ever 200 1 4 2.32 .972
purchased a fashion
26
item based solely on
an influencer's
recommendation?
How much do you 200 1 4 2.47 .942
rely on influencer
recommendations
when making
purchasing decisions
for fashion items
compared to
traditional
advertising?
How 2 are you to 200 1 4 2.35 .920
trust a fashion
influencer who
discloses sponsored
content?
Do you believe that 200 1 5 2.61 1.167
influencer marketing
has a significant
impact on your
purchasing decisions?
How often do you 200 1 4 2.37 .992
perceive fashion
influencers as being
authentic in their
content?
Do you think that the 200 1 4 2.18 .993
number of followers
an influencer has
affects their
credibility?
Do you think 200 1 4 2.58 1.005
influencers have a
significant impact on
shaping current
fashion trends?
Do you believe that 200 1 4 2.46 .993
influencer marketing
has changed your
purchasing behavior
in the fashion
industry?
27
How important is 200 1 4 2.68 1.032
transparency about
sponsored content in
influencer marketing
to you?
Do you think that 200 1 4 2.74 .899
influencer marketing
has made fashion
products more
accessible to
consumers?
Do you believe that 200 1 4 2.68 .966
influencer marketing
will continue to be a
significant factor in
shaping consumer
behavior in the
fashion industry in
the future?
Do you believe that 200 1 4 2.68 .962
influencer marketing
has led to an increase
in impulse purchases
in the fashion
industry?
How likely are you to 200 1 4 2.53 1.018
try a new fashion
brand recommended
by an influencer?
When an influencer 200 1 4 2.41 1.053
promotes a fashion
product, which factor
is most likely to
persuade you to make
a purchase?
Valid N (listwise) 200
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Interpretation
In this dataset of 200 respondents, the mean and standard deviation for each variable are as
follows:
Age Group
The respondents are categorized into four age groups, with an average group sitting at 2.27 out
of 4, suggesting a somewhat young demographic, though the spread indicates a mix of ages.
The mean score of 2.35 suggests that the decision to follow a fashion influencer is influenced
by moderately important factors, with a relatively tight distribution around the mean (std. dev.
= 0.977).
Importance of Trust
Trust in influencers' recommendations holds moderate importance (mean = 2.37) when making
fashion-related purchases, highlighting the role of credibility.
Perception of Genuineness
There is a slight inclination towards believing that influencers genuinely use the products they
promote (mean = 2.59), though scepticism exists.
29
Reliance on Recommendations vs. Traditional Advertising
The willingness to trust influencers who disclose sponsored content is moderate (mean = 2.35),
indicating that transparency is important but not the only factor in trustworthiness.
Authenticity Perception
Influencers are considered to have a significant impact on shaping current fashion trends
(mean = 2.58), highlighting their role in the fashion ecosystem.
There is a moderate belief that influencer marketing has changed purchasing behaviour within
the fashion industry (mean = 2.46), indicating its effectiveness but also hinting at consumer
awareness and selectivity.
Importance of Transparency
Transparency about sponsored content is notably important (mean = 2.68), reflecting a desire
for honesty in influencer marketing.
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Accessibility of Fashion Products
Influencer marketing is perceived to have made fashion products more accessible to consumers
(mean = 2.74), suggesting one of the positive impacts of influencer marketing.
Future Significance
A strong belief exists that influencer marketing will continue to be a significant factor (mean =
2.68), indicating its enduring impact on consumer behaviour.
Impulse Purchases
There's a moderate agreement that influencer marketing has led to an increase in impulse
purchases (mean = 2.68), highlighting potential concerns around consumer impulsivity and
marketing influence.
Respondents are moderately likely to try a new fashion brand recommended by an influencer
(mean = 2.53), showing the power of influencers in introducing and endorsing new brands.
The factor most likely to persuade purchase decisions when promoted by an influencer has a
moderate score (mean = 2.41), indicating a nuanced decision-making process influenced by
various factors.
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Table 3.2 One-way ANOVA
ANOVA
Sum of df Mean F Sig.
Squares Square
How often do you Between 55.628 3 18.543 20.743 .000
engage with Groups
influencer content Within 176.104 197 .894
related to fashion? Groups
Total 231.731 200
How important is Between 21.788 3 7.263 8.986 .000
trust in an influencer's Groups
recommendations Within 159.227 197 .808
when making a Groups
fashion-related Total 181.015 200
purchase?
Do you believe that Between 3.916 3 1.305 1.583 .195
influencers genuinely Groups
use the products they Within 162.443 197 .825
promote? Groups
Total 166.358 200
How much does an Between 15.749 3 5.250 5.450 .001
influencer's credibility Groups
affect your perception Within 189.753 197 .963
of the brand they Groups
promote? Total 205.502 200
Have you ever Between 9.037 3 3.012 3.316 .021
purchased a fashion Groups
item based solely on Within 178.943 197 .908
an influencer's Groups
recommendation? Total 187.980 200
How much do you Between 2.773 3 .924 1.051 .371
rely on influencer Groups
recommendations Within 173.326 197 .880
when making Groups
purchasing decisions Total 176.100 200
for fashion items
compared to
traditional
advertising?
How likely are you to Between 2.686 3 .895 1.056 .369
trust a fashion Groups
32
influencer who Within 166.936 197 .847
discloses sponsored Groups
content? Total 169.622 200
Do you believe that Between 12.416 3 4.139 3.120 .027
influencer marketing Groups
has a significant Within 261.315 197 1.326
impact on your Groups
purchasing decisions? Total 273.731 200
How often do you Between 7.636 3 2.545 2.665 .049
perceive fashion Groups
influencers as being Within 187.239 196 .955
authentic in their Groups
content? Total 194.875 199
Do you think that the Between 16.434 3 5.478 5.983 .001
number of followers Groups
an influencer has Within 180.382 197 .916
affects their Groups
credibility? Total 196.816 200
Do you think Between 6.029 3 2.010 2.013 .113
influencers have a Groups
significant impact on Within 196.697 197 .998
shaping current Groups
fashion trends? Total 202.726 200
Do you believe that Between 2.324 3 .775 .780 .506
influencer marketing Groups
has changed your Within 195.646 197 .993
purchasing behaviour Groups
in the fashion Total 197.970 200
industry?
How important is Between .986 3 .329 .304 .822
transparency about Groups
sponsored content in Within 212.636 197 1.079
influencer marketing Groups
to you? Total 213.622 200
Do you think that Between 1.453 3 .484 .594 .620
influencer marketing Groups
has made fashion Within 160.607 197 .815
products more Groups
accessible to Total 162.060 200
consumers?
Do you believe that Between 7.170 3 2.390 2.650 .050
influencer marketing Groups
33
will continue to be a Within 177.706 197 .902
significant factor in Groups
shaping consumer Total 184.876 200
behaviour in the
fashion industry in the
future?
Do you believe that Between 4.297 3 1.432 1.556 .201
influencer marketing Groups
has led to an increase Within 181.325 197 .920
in impulse purchases Groups
in the fashion Total 185.622 200
industry?
How likely are you to Between 4.029 3 1.343 1.297 .277
try a new fashion Groups
brand recommended Within 204.011 197 1.036
by an influencer? Groups
Total 208.040 200
When an influencer Between .706 3 .235 .209 .890
promotes a fashion Groups
product, which factor Within 221.841 197 1.126
is most likely to Groups
persuade you to make Total 222.547 200
a purchase?
Interpretation:
Engagement with influencer content: Highly significant (p < .000), indicating a strong
difference in engagement levels with influencer content among respondents.
Trust in recommendations: Also, significant (p < .000), showing that trust varies significantly
and is an important factor in influencer recommendations.
Genuineness in product use: Not significant (p = .195), suggesting that respondents do not
significantly differ in their belief about influencers genuinely using the products they promote.
Influencer's credibility and brand perception: Significant (p = .001), indicating that an
influencer's credibility importantly affects brand perception among respondents.
Purchasing based on recommendation: Significant (p = .021), showing that some
respondents are influenced to make purchases based solely on influencer recommendations.
Influencer recommendations vs. traditional advertising: Not significant (p = .371),
suggesting no significant difference in reliance on influencer recommendations over traditional
advertising.
34
Trust in influencers who disclose sponsored content: Not significant (p = .369), indicating
uniformity in trust levels towards influencers who disclose sponsored content.
Impact on purchasing decisions: Significant (p = .027), showing that influencer marketing
has a significant impact on some respondents' purchasing decisions.
Authenticity perception: Marginally significant (p = .049), indicating a slight variance in how
authentic respondents perceive influencers to be.
Influencers' followers and credibility: Highly significant (p = .001), suggesting a strong
belief that an influencer's number of followers affects their credibility.
Influence on fashion trends: Not significant (p = .113), suggesting a uniform opinion about
influencers' impact on fashion trends.
Change in purchasing behaviour: Not significant (p = .506), indicating that influencer
marketing hasn't significantly changed purchasing behaviour for the respondents.
Importance of transparency: Not significant (p = .822), showing a uniform response to the
importance of transparency in influencer marketing.
Accessibility of fashion products: Not significant (p = .620), indicating no significant
difference in opinions on whether influencer marketing has made fashion products more
accessible.
Future significance of influencer marketing: Marginally significant (p = .050), suggesting
some variance among respondents on the future impact of influencer marketing.
Increase in impulse purchases: Not significant (p = .201), showing uniform opinions on
whether influencer marketing has led to an increase in impulse purchases.
Likelihood to try new brands: Not significant (p = .277), indicating a consistent likelihood
among respondents to try new brands recommended by influencers.
Factors persuading purchases: Highly not significant (p = .890), suggesting that the factors
influencing purchases promoted by influencers are viewed uniformly.
35
Hypotheses Testing:
The F-value indicates that there is a significant difference between groups regarding the
influence of influencer credibility on consumer purchase intentions. With a p-value of 0.01,
this difference is statistically significant at the conventional significance level of 0.05.
Therefore, H1 is accepted.
The evidence suggests that there is a positive relationship between the perceived credibility of
fashion influencers and consumer purchase intentions for fashion products promoted by them.
The F-value indicates that there is no significant difference between groups regarding the
relationship between influencer authenticity and consumer engagement. With a p-value of 0.49,
this difference is not statistically significant at the conventional significance level of 0.05.
Therefore, H2 is rejected.
The evidence does not support the hypothesis that authenticity perceived in influencer content
positively affects consumer engagement with fashion brands, leading to higher levels of
interaction and conversion rates.
The F-value suggests that there is no significant difference between groups regarding the
mediating role of consumer perception in the relationship between influencer marketing
exposure and consumer behaviour. With a p-value of 0.49, this difference is not statistically
significant at the conventional significance level of 0.05. Therefore, H2 is rejected.
The evidence does not support the hypothesis that consumer perception of fashion influencers
as trendsetters mediates the relationship between influencer marketing exposure and consumer
behaviour, such as purchase intentions and brand preferences.
36
CHAPTER 4
FINDINGS AND
RECOMMENDATIONS
37
Chapter 4: Findings and Recommendations
The research aimed to investigate the determinants of customer loyalty within the fashion
industry, with a specific focus on the role of trust, credibility, and attitude. Data analysis
utilizing SPSS software involved various techniques, including descriptive statistics and one-
way ANOVA. The findings provide valuable insights into the factors influencing consumer
behaviour.
Descriptive Statistics
Descriptive statistics revealed moderate trust, credibility, attitude, and perceived usefulness
among the 200 respondents. Variability in perceptions and behaviours was observed across
these variables, indicating diverse experiences and preferences among the sampled population.
Hypotheses Testing
The statistical analysis supports the hypothesis that there is a positive relationship
between the perceived credibility of fashion influencers and consumer purchase
intentions for fashion products promoted by them. This finding indicates that when
fashion influencers are perceived as credible, consumers are more likely to be
influenced by their recommendations, leading to an increased intention to purchase the
promoted fashion products. This effect is statistically significant, suggesting a strong
influence of credibility in the influencer-consumer relationship within the fashion
industry.
The analysis does not support the hypothesis that authenticity perceived in influencer
content positively affects consumer engagement with fashion brands. This outcome
suggests that, within this dataset, the perceived authenticity of influencers does not
significantly impact the levels of interaction and conversion rates among consumers.
This finding could indicate that other factors may play more pivotal roles in driving
consumer engagement with fashion brands in the context of influencer marketing.
38
3. Mediating Role of Consumer Perception (H3)
The analysis does not support the hypothesis concerning the mediating role of consumer
perception of fashion influencers as trendsetters in the relationship between influencer
marketing exposure and consumer behaviour. This finding implies that, within the
context of this study, consumer perceptions of influencers as trendsetters do not
significantly mediate the effect of influencer marketing on behaviours such as purchase
intentions and brand preferences.
These findings suggest that while influencer marketing holds significant sway over consumer
behaviour within the fashion industry, consumers exhibit discernment and caution in their
interactions with influencer content. Brands and marketers should prioritize authenticity,
credibility, and transparency in influencer partnerships to build trust and foster positive
consumer relationships. Additionally, understanding the nuanced factors influencing consumer
decisions in the context of influencer marketing can inform more effective marketing strategies
tailored to consumer preferences and behaviours.
39
4.2 Theoretical Implications
The findings of this study carry several theoretical implications for the fields of fashion
industry, influencer marketing and consumer behaviour:
Contribution to Theory
Social Influence Theory: The study of influencer marketing within the fashion
industry contributes to our understanding of social influence theory. It highlights how
influencers, through their online presence and social capital, can sway consumer
perceptions, preferences, and purchasing behaviours. This theory emphasizes the
importance of social networks and interpersonal relationships in shaping consumer
behaviour within fashion communities.
40
Advancement of Knowledge
41
4.3 Managerial Implications
The findings of this study offer several practical implications for managers and decisionmakers
in the fashion industry seeking to impact consumer behaviour through influencer marketing:
Content Strategy
Managers can develop compelling content strategies that resonate with consumers and
drive engagement. By understanding consumer preferences, trends, and behaviours,
managers can tailor content to meet the diverse needs and interests of their target
audience, thereby maximizing the impact of influencer-led marketing initiatives.
Brand-Consumer Relationships
Campaign Evaluation
42
4.4 Limitations of the Study
Despite the valuable insights provided by this study, several limitations should be
acknowledged:
Sample Size and Generalizability: The study may have relied on a relatively small sample
size or specific demographic groups, limiting the generalizability of the findings to broader
populations within the fashion industry. Therefore, caution should be exercised when
extrapolating the results to different contexts or populations.
Cross-Sectional Design: The study may have employed a cross-sectional design, capturing
data at a single point in time. As a result, it may not have accounted for temporal changes or
causal relationships between influencer marketing and consumer behavior over time.
Longitudinal studies could offer deeper insights into the dynamics of these relationships.
Self-Reported Data and Social Desirability Bias: The reliance on self-reported data may
introduce social desirability bias, where respondents provide answers, they believe are socially
acceptable or desirable rather than reflecting their true opinions or behaviours. This could affect
the accuracy and reliability of the findings.
Contextual Factors: The study may not have fully accounted for contextual factors that could
influence the effectiveness of influencer marketing, such as cultural differences, industry
trends, or platform algorithms. These factors could moderate or mediate the relationship
between influencer marketing and consumer behaviour.
43
4.5 Conclusion
This research paper has provided a comprehensive exploration of the multifaceted impact of
influencer marketing on consumer behaviour within the fashion industry, with a focus on key
psychological factors including trust, credibility, attitude, and brand loyalty. Through an
extensive literature review and identification of research gaps, the study has uncovered
valuable insights into the underlying mechanisms that drive consumer decision-making in
response to influencer-led marketing campaigns.
Central to the findings is the recognition of the pivotal role that social media influencers play
in shaping consumer perceptions, attitudes, and purchasing decisions within the fashion sector.
These influencers wield significant influence over their followers, serving as trendsetters and
trusted sources of fashion advice. Moreover, the research underscores the critical importance
of authenticity, transparency, and alignment between influencers and fashion brands in
fostering consumer trust and engagement. While influencer marketing presents abundant
opportunities for brands to connect with their target audience and drive sales, challenges such
as ROI measurement and consumer scepticism must be navigated. Moving forward, addressing
these challenges and leveraging the identified theoretical underpinnings can aid marketers in
crafting more effective influencer marketing strategies, thereby maximizing its impact on
consumer behaviour and fostering sustainable growth in the competitive fashion landscape.
44
4.6 Scope for Future Research
Future research could build upon the findings of this study to further explore the dynamic
interplay between influencers and consumer behavior. Potential areas for future investigation
include:
45
Measurement and Metrics: Develop standardized measurement tools and metrics for
evaluating the effectiveness of influencer marketing campaigns. This could include
metrics for assessing reach, engagement, conversion rates, and return on investment
(ROI) specific to influencer-driven initiatives in the fashion industry.
46
REFERENCES
47
References
Bognar, Z. B., Puljic, N. P., & Kadezabek, D. (2019). Impact of influencer marketing on
consumer behaviour. Economic and Social Development: Book of Proceedings, 301-309.
Campbell, C., & Farrell, J. R. (2020). More than meets the eye: The functional components
underlying influencer marketing. Business horizons, 63(4), 469-479.
Chopra, A., Avhad, V., & Jaju, A. S. (2021). Influencer marketing: An exploratory study to
identify antecedents of consumer behavior of millennial. Business Perspectives and
Research, 9(1), 77-91.
Hussain, S., Melewar, T. C., Priporas, C. V., Foroudi, P., & Dennis, C. (2020). Examining the
effects of celebrity trust on advertising credibility, brand credibility and corporate credibility.
Journal of Business Research, 109, 472-488.
Kalu, F. (2019). The impact of social media influencer marketing on purchase intention from
an Irish male millennial’s perception: a case study of Irish fashion industry (Doctoral
dissertation, Dublin, National College of Ireland).
Khan, M. R., Iqbal, M., & Lodhi, A. J. (2021). Influencer Marketing in Instagram: Effects of
Promotional Posts on Purchasing Behaviour of Consumers. J. Pol. Stud., 28, 119.
Lou, C., & Yuan, S. (2019). Influencer marketing: How message value and credibility affect
consumer trust of branded content on social media. Journal of interactive advertising, 19(1),
58-73.
Nadanyiova, M., Gajanova, L., Majerova, J., & Lizbetinova, L. (2020, June). Influencer
marketing and its impact on consumer lifestyles. In Forum Scientiae Oeconomia (Vol. 8, No.
2, pp. 109-120).
Saima, & Khan, M. A. (2020). The effect of social media influencer marketing on consumers’
purchase intention and the mediating role of credibility. Journal of Promotion
Management, 27(4), 503-523.
48
Sweeney, J., & Swait, J. (2008). The effects of brand credibility on customer loyalty. Journal
of retailing and consumer services, 15(3), 179-193.
Vidani, J., & Das, S. G. (2021). A Review on Evolution of Social Media Influencer Marketing:
Reflection on Consumer Behaviour and Consumer's Decision-Making Process. Turkish Online
Journal of Qualitative Inquiry, 12(9).
49
APPENDIX
50
Appendix
Questionnaire
Part A
a) 18-24
b) 25-34
c) 35-44
d) 45 and above
a) Daily
b) Weekly
c) Monthly
d) Rarely
a) Content quality
b) Trustworthiness
c) Fashion sense
d) Celebrity status
a) Very important
b) Important
c) Somewhat important
d) Not important
51
5. Do you believe that influencers genuinely use the products they promote?
a) Always
c) Sometimes
d) Rarely/never
Part B
6. How much does an influencer's credibility affect your perception of the brand they
promote?
a) Significantly
b) Moderately
c) Slightly
d) Not at all
7. Have you ever purchased a fashion item based solely on an influencer's recommendation?
b) Yes, occasionally
c) No, never
d) Not sure
8. How much do you rely on influencer recommendations when making purchasing decisions
for fashion items compared to traditional advertising?
c) Equally on both
52
9. How likely are you to trust a fashion influencer who discloses sponsored content?
a) Very likely
b) Likely
c) Neutral
d) Unlikely
10. Do you believe that influencer marketing has a significant impact on your purchasing
decisions?
a) Strongly agree
b) Agree
c) Neutral
d) Disagree
e) Strongly disagree
11. How often do you perceive fashion influencers as being authentic in their content?
a) Always
c) Sometimes
d) Rarely/never
12. Do you think that the number of followers an influencer has affects their credibility?
a) Yes, significantly
d) Not sure
53
13. Do you think influencers have a significant impact on shaping current fashion trends?
a) Not at all
b) A little
c) Somewhat
d) A lot
14. Do you believe that influencer marketing has changed your purchasing behavior in the
fashion industry?
a) Not at all
b) A little
c) Somewhat
d) Significantly
15. How important is transparency about sponsored content in influencer marketing to you?
a) Not important
b) Somewhat important
c) Moderately important
d) Very important
16. Do you think that influencer marketing has made fashion products more accessible to
consumers?
a) Strongly disagree
b) Disagree
c) Agree
d) Strongly agree
54
17. Do you believe that influencer marketing will continue to be a significant factor in shaping
consumer behaviour in the fashion industry in the future?
a) Strongly disagree
b) Disagree
c) Agree
d) Strongly agree
18. Do you believe that influencer marketing has led to an increase in impulse purchases in
the fashion industry?
a) Strongly disagree
b) Disagree
c) Agree
d) Strongly agree
19. How likely are you to try a new fashion brand recommended by an influencer?
b) Slightly likely
c) Moderately likely
d) Very likely
20. When an influencer promotes a fashion product, which factor is most likely to persuade
you to make a purchase?
55
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The content of the chapters and the publications which have been excluded from the software
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