EconPapers    
Economics at your fingertips  
 

Uncovering the critical drivers of tourists’ willingness to pay a premium for souvenirs: a mixed-method approach

Huili Yan, Luqing Wang, Hao Xiong and Yuzhi Wei

Current Issues in Tourism, 2024, vol. 27, issue 9, 1459-1476

Abstract: The emergence of the internet has expanded souvenir buying opportunities and provided cheaper and more convenient options, but why are tourists still willing to pay a premium for souvenirs at the destination? We explore a widespread but understudied phenomenon in society through a two-step mixed research approach. We first conduct exploratory research to explore the influencing factors and unknown psychological processes and build our theoretical model of willingness to pay a premium (WTPP) for souvenirs based on 26 respondents’ semi-structured interview data. The model was then tested using 503 survey data. The results reveal how the tourism experience presence, tourism experience enhancement, tourism experience attachment, and social relationship reciprocity affect the WTPP for souvenirs through emotional response. The conclusions enrich the research on the purchasing behaviour of souvenirs and provide practical implications for the marketing and design of souvenirs.

Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/13683500.2023.2213878 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:rcitxx:v:27:y:2024:i:9:p:1459-1476

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/rcit20

DOI: 10.1080/13683500.2023.2213878

Access Statistics for this article

Current Issues in Tourism is currently edited by Jennifer Tunstall

More articles in Current Issues in Tourism from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

 
Page updated 2025-03-20
Handle: RePEc:taf:rcitxx:v:27:y:2024:i:9:p:1459-1476