The aim of this study was to 1) identify values developing consumer wellbeing, 2) examine the relationships among consumer wellbeing, perceived risk of new menu and new menu adopting intention, and 3) investigate the moderating roles of gender, advert...
The aim of this study was to 1) identify values developing consumer wellbeing, 2) examine the relationships among consumer wellbeing, perceived risk of new menu and new menu adopting intention, and 3) investigate the moderating roles of gender, advertising, and promotion in chain restaurant industry. The proposed model was empirically tested utilizing data collected from 433 patrons in chain restaurants. The result shows that both utilitarian value and hedonic value have positive impacts on customers` well-being perception. It was also revealed that well-being perception is the powerful factor enhancing a consumer`s new menu adopting intention as well as diminishing the perceive risk of new menu. More importantly, gender played a moderating role in the relationship between utilitarian value and well-being perception. The advertising with empathy significantly moderated the linkage between well-being perception and new menu adopting intention, and monetary promotion played a significant moderating role in the relationship between the perceived risk of new menu and new menu adopting intention. Based on the findings, theoretical and managerial implications were discussed.