Understanding the psychological mechanisms and moderating effects of fear of mising out in Vietnamese shopping malls
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Received March 2, 2025;Accepted October 24, 2025;Published November 27, 2025
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Author(s)Nguyen Duy PhuongLink to ORCID Index: https://orcid.org/0009-0003-0815-9956
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Bui Thanh KhoaLink to ORCID Index: https://orcid.org/0000-0002-9878-2164
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DOIhttp://dx.doi.org/10.21511/im.21(4).2025.13
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Article InfoVolume 21 2025, Issue #4, pp. 175-186
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234 Downloads
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Creative Commons Attribution 4.0 International License
Type of the article: Research Article
Abstract
Consumer Fear of Missing Out (FOMO) has emerged as a pervasive psychological driver of purchasing decisions. In today’s experience-driven retail environment exemplified by Vietnam’s rapidly expanding modern shopping malls, FOMO may prompt consumers to buy impulsively and unplanned. However, most FOMO research focuses on online or social media contexts, leaving its role in offline retail underexplored. This study fills that gap by examining how FOMO influences shoppers’ psychological states and subsequent buying behaviors in Vietnamese malls. We conducted a structured questionnaire survey of 428 mall patrons in Ho Chi Minh City in 2024, and analyzed the data using Structural Equation Modeling (SEM). The results confirm that FOMO significantly heightens consumers’ financial risk-taking, emotional arousal, and reduced self-control. In turn, these states strongly predict purchase behaviors: risk-taking drives impulsive and repeat shopping, emotional arousal fuels impulse, and repeat buying, and diminished self-control leads to unplanned spending. Notably, the strength of these effects varies by consumer segment and context: younger, more tech-savvy shoppers and those in high-end malls showed stronger FOMO effects, and frequent shoppers were especially susceptible. These findings extend FOMO theory into physical retail and offer practical insight: marketers can leverage FOMO cues but must do so ethically, as this tactic powerfully drives consumption. The study concludes that FOMO is a key stimulus in malls, calling for future research to examine its long-term impact and boundary conditions.
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JEL Classification (Paper profile tab)M37, D12, L81, C38
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References21
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Tables5
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Figures1
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- Figure 1. Proposed research model of FOMO’s effects on consumer shopping behavior
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- Table 1. Confirmatory Factor Analysis and Reliability assessment (N = 428)
- Table 2. SEM results and hypothesis testing
- Table 3. Moderating effects via multi-group SEM
- Table A1. Model fit summary
- Table C1. Demographic characteristics
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Conceptualization
Nguyen Duy Phuong, Bui Thanh Khoa
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Data curation
Nguyen Duy Phuong, Bui Thanh Khoa
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Formal Analysis
Nguyen Duy Phuong, Bui Thanh Khoa
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Funding acquisition
Nguyen Duy Phuong, Bui Thanh Khoa
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Investigation
Nguyen Duy Phuong, Bui Thanh Khoa
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Methodology
Nguyen Duy Phuong, Bui Thanh Khoa
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Project administration
Nguyen Duy Phuong, Bui Thanh Khoa
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Resources
Nguyen Duy Phuong, Bui Thanh Khoa
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Software
Nguyen Duy Phuong, Bui Thanh Khoa
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Supervision
Nguyen Duy Phuong, Bui Thanh Khoa
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Writing – original draft
Nguyen Duy Phuong, Bui Thanh Khoa
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Writing – review & editing
Nguyen Duy Phuong, Bui Thanh Khoa
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Validation
Bui Thanh Khoa
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Visualization
Bui Thanh Khoa
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Conceptualization
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Short video marketing factors influencing the purchase intention of Generation Z in Vietnam
Thi Thuy An Ngo
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Phu Quach
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Thanh Vinh Nguyen
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Anh Duy Nguyen
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Thi Minh Nguyet Nguyen
doi: http://dx.doi.org/10.21511/im.19(3).2023.04
Innovative Marketing Volume 19, 2023 Issue #3 pp. 34-50 Views: 8963 Downloads: 2488 TO CITE АНОТАЦІЯIn the digital age and technological advancements, short video platforms have become essential tools for online sales and marketing. In addition, shopping through short video marketing has gained significant attention, especially among Generation Z, as it brings unique and novel shopping experiences. The primary goal of this study is to explore the factors of short video marketing that influence the purchase intentions of Generation Z consumers in Vietnam. To conduct this study, a quantitative approach was employed, utilizing a 5-point Likert scale questionnaire administered online through a non-probability sampling method. The sample comprised 350 respondents aged between 16 and 26 from Vietnam, representing Generation Z, who made purchases through short video marketing. The relationships among various variables were analyzed using Structural Equation Modeling (SEM). The study’s results demonstrated a positive, significant, and direct relationship between all factors of short video marketing, including interesting content, perceived usefulness, scenario-based experience, user interaction, perceived enjoyment, and involvement of celebrities and consumer brand attitude. Among these factors, perceived usefulness is the most influential factor on customer brand attitude. In addition, the study revealed that consumer brand attitude, acting as a mediating variable, had a positive and significant impact on consumers’ purchase intentions. Based on the findings, the study suggested strategies for businesses to enhance the quality and content on short video platforms, thereby improving the effectiveness of their marketing strategies.
Acknowledgment
The authors express a sincere gratitude to all the participants who generously took part in this research study. -
The processing of advertising: does a consumer’s level of materialism make a difference?
Steven Lysonski , Srinivas Durvasula , Ruth Rayner doi: http://dx.doi.org/10.21511/im.13(1).2017.02Innovative Marketing Volume 13, 2017 Issue #1 pp. 11-23 Views: 6253 Downloads: 1428 TO CITE АНОТАЦІЯMaterialism has been given great attention in the consumer behavior literature. How materialistic tendencies are shaped by advertising has also been documented. Yet, the impact of consumers’ materialism on their perceptions of ads is not clearly understood. The goal of this research is to examine the relationship between an individual’s materialism and his/her perceptions of various kinds of advertising. Using four specific advertising appeals (i.e., interpersonal, prestige/status, achievement, and appearance-related), attitudes toward the ad, and thoughts elicited by the advertisement were measured and compared across high and low materialism groups. Significant differences were found between respondents from the two groups with respect to the evaluation of each type of appeal. When prestige/status, achievement, and appearance-related appeals were used in advertising, they were evaluated more favorably by consumers with high levels of materialism than by consumers with low levels of materialism. In contrast, advertising that used an interpersonal appeal was viewed more favorably by consumers with low levels of materialism. The results of this research provide implications for marketers on three perspectives: the furthering of our conceptualization of the materialism construct, the design of promotional communication for specific target markets, and the public policy dimension of targeting consumers more vulnerable to certain appeals.
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Influencer marketing’s impact on credibility and purchase intention: A study on University of Bisha students in Saudi Arabia
Mudathir Saad
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Abdelrehim Awad
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Adel Fathy Aziz
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Talaat Rashad Shma
doi: http://dx.doi.org/10.21511/im.21(1).2025.26
Innovative Marketing Volume 21, 2025 Issue #1 pp. 326-337 Views: 5989 Downloads: 2142 TO CITE АНОТАЦІЯThis study holds significance due to the increasing impact of influencer marketing on consumer behavior, particularly among the youth demographic in Saudi Arabia. This study aims to examine how influencer marketing influences perceived credibility and purchase intention, emphasizing the roles of transparency and cultural factors in shaping consumer behavior.
A descriptive-analytical method was utilized, the research was conducted at University of Bisha, incorporating a structured survey to gather data from 384 university students, both male and female. The sample was meticulously chosen to embody the characteristics of young consumers, a group recognized for its significant involvement with social media channels and vulnerability to influencer marketing tactics. The findings indicate that the traits of influencers play a crucial role in boosting purchase intention (β = 0.42, p < 0.001). Furthermore, the influence of brand credibility on purchase intention is significant (β = 0.51, p < 0.001), and it serves as a partial mediator in the connection between influencer characteristics and purchase intention (indirect effect = 0.27, p < 0.001). The results underscore Snapchat’s prominence as the leading platform among participants, illustrating its significance for focused influencer marketing initiatives. Marketers are advised to prioritize transparent and authentic collaborations with influencers to strengthen brand credibility and foster consumer trust. Emphasizing partnerships with influencers whose values align with students’ interests on Snapchat will enhance engagement and drive purchasing behavior. This information provides actionable direction for marketers aiming to enhance their influencer marketing approaches, cultivating enduring consumer confidence and sustainable brand development among younger demographics.

