Peer Influence and Adolescent Spending: Insights into High School Students’ Buying Behavior

Authors

  • GERARDO ASI ADVENTIST UNIVERSITY OF THE PHILIPPINES ACADEMY
  • Koji Kharyll O Anaya Adventist University of the Philippines

https://doi.org/10.35974/isc.v11i4.3599

Keywords:

Peer Influence, Implicit Peer Pressure, Impulsive Buying Behavior

Abstract

This study investigates the impact of implicit peer pressure on impulsive buying behavior among senior high school students in the Philippines, addressing a gap in existing research. Impulse buying, characterized by spontaneous and unplanned purchases, can significantly affect financial stability, especially among adolescents influenced by their peers. Employing a descriptive-correlational approach, the researchers collected data from 108 students at a faith-based institution using a survey. Analysis revealed a weak positive correlation (r = 0.273) between implicit peer pressure and impulsive buying, suggesting that while peer pressure has some impact, it is relatively minor. The study highlights the need for comprehensive educational programs that address various factors influencing consumer behavior, including peer pressure, financial literacy, and marketing strategies. The results indicate that while implicit peer pressure contributes to impulsive buying, other factors likely play a more significant role. Educators and parents should focus on promoting informed decision-making and critical thinking about purchasing influences. Future research should explore additional variables to gain a more nuanced understanding of impulsive buying behavior.

Article Metrics

Downloads

Download data is not yet available.

References

Ajzen, I. (1985). From intentions to actions: A theory of planned behavior. In J. Kuhl & J. Beckmann (Eds.), Action control: From cognition to behavior (pp. 11-39). Springer. https://doi.org/10.1007/978-3-642-69746-3_2

Beatty, S. E., & Ferrell, M. E. (1998). Impulse buying: Modeling its precursors. Journal of Retailing, 74(2), 169-191. https://doi.org/10.1016/S0022-4359(99)80092-X

Borromeo, E., Cai, G. A., & Etrata, A. (2022). Factors affecting impulse purchasing of Filipino consumers in convenience stores. International Journal of Management Studies, 3(2). https://doi.org/10.5555/ijosmas.v3i2.121

Brown, A., Smith, J., & Johnson, R. (2022). The impact of social media on impulsive buying among adolescents. Journal of Adolescent Psychology, 45(3), 217-232. https://doi.org/10.31580/ijer.v2i2.907

Chang, L. Y., Lim, P. M., Teo, Y. Y., Yau, Y. Y., & Yeoh, Y. L. (2019). Spending behaviour among university students: Case of Universiti Tunku Abdul Rahman (Kampar) (Doctoral dissertation). UTAR. http://eprints.utar.edu.my/id/eprint/3918

Desai, A. (2020). Impulse buying demographic aspect. Journal of Management Research and Analysis, 5(3), 236–238. https://doi.org/10.18231/2394-2770.2018.0037

Efendi, R., Indartono, S., & Sukidjo, S. (2019). The mediation of economic literacy on the effect of self-control on impulsive buying behaviour moderated by peers. International Journal of Economics and Financial Issues. https://www.econjournals.com/index.php/ijefi/article/view/7738

Ekeng, A. B., Lifu, F. L., & Asinya, F. A. (2012). Effect of demographic characteristics on consumer impulse buying among consumers of Calabar Municipality, Cross River state. Academic Research International, 3(2), 568-574. https://www.semanticscholar.org/paper/effect-of-demographic-characteristics-on-consumer-Ekeng-Lifu/fe39b40788d5f6f4474df9ccaa17d532cba1e9aa

Fishbein, M., & Ajzen, I. (1975). Belief, attitude, intention, and behavior: An introduction to theory and research. Addison-Wesley. https://www.researchgate.net/publication/233897090_Belief_attitude_intention_and_behaviour_An_introduction_to_theory_and_research

Gantulga, U., & Dashrentsen, D. (2023). Factors influencing impulsive buying behavior. Zeszyty Naukowe Wyższej Szkoły Humanitas, 24(1), 9–25. https://doi.org/10.5604/01.3001.0053.4041

Ghani, U., & Jan, F. A. (2011). An exploratory study of impulse buying behaviour of urban consumers in Peshawar. International Conference on Business and Economics, 1, 157-159. https://www.semanticscholar.org/paper/An-Exploratory-Study-of-the-Impulse-Buying-of-Urban-Ghani/a1eadffa5a8798cdc1d850dba50ce382ec096864

Gulati, S. (2017). Impact of peer pressure on buying behaviour. Zenodo. https://doi.org/10.5281/zenodo.820988

Harpepen, A. (2022). Pengaruh iklan, diskon dan teman sebaya terhadap impulse buying dalam pembelian produk fashion. Al-Intaj, 8(1), 36. https://ejournal.uinfasbengkulu.ac.id/index.php/Al-Intaj/article/viewFile/2768/2328

Kim, J. (2003). College students’ apparel impulse buying behaviors in relation to visual merchandising (Master’s thesis). University of Georgia. https://getd.libs.uga.edu/pdfs/kim_jiyeon_200308_ms.pdf

Kumar, D. S., Sudin, H., Othman, J., & Salehuddin, S. (2022). The influence of spending behaviour among university students in Malaysia. Asian Journal of Accounting and Finance, 4(3), 30-43. https://doi.org/10.55057/ajafin.2022.4.3.3

Kusmaharani, A. S., & Halim, R. E. (2020). Social influence and online impulse buying of Indonesian indie cosmetic products. Jurnal Ilmiah Manajemen, 10(2), 237. https://doi.org/10.22441/mix.2020.v10i2.007

Luo, H., Chen, J., Li, S., Nie, Y., & Wang, G. (2021). Social exclusion and impulsive buying among Chinese college students: The mediating role of self-esteem and the moderating role of risk preference. International Journal of Environmental Research and Public Health, 18(21), 11027. https://doi.org/10.3390/ijerph182111027

Mowen, J. C., & Minor, M. (1995). Consumer behavior (4th ed.). Prentice Hall.

National Institutes of Health. (2022). The power of peers: Who influences your health? NIH News in Health. https://newsinhealth.nih.gov/2021/09/power-peers

Notario, K. J. (2022). How peer pressure affects our personal finance. Rat Race Running. https://ratracerunning.com/how-peer-pressure-affects-your-personal-finance/

Putra, M. F. G., Moeljadi, & Mugiono. (2020). The role of negative affect in mediating the effect of susceptibility to interpersonal influence towards the urge to buy impulsively in millennials: A case study on second wave coffee shops in Malaysia. South East Asia Journal of Contemporary Business, Economics and Law, 23(1), 221-236. https://seajbel.com/wp-content/uploads/2021/01/SEAJBEL23-258.pdf

Saxena, S. (2023, October). Peer pressure: Types, examples, & how to respond. Choosing Therapy. https://www.choosingtherapy.com/peer-pressure/

Siff, L. (2018). Peer pressure. Organization for Autism Research. https://researchautism.org/college/peer-pressure/?fbclid=IwAR1olrH2uLrtZx9fj1dBiXj6-7Tr3TjqjwjvQDA_J9KjjpQrfFNhFi-LsZA#

Smith, J., & Johnson, R. (2023). Peer pressure and impulsive buying: A longitudinal study on senior high school students. Journal of Youth Studies, 18(2), 134-149. https://doi.org/10.29322/IJSRP.9.01.2019.p8541

Thürmer, J. L., Bieleke, M., Wieber, F., & Gollwitzer, P. M. (2020). If-then plans help regulate automatic peer influence on impulse buying. European Journal of Marketing, 54(9), 2079-2105. https://doi.org/10.1108/EJM-05-2018-0341

Winingsih, E., Setyawati, D., & Afidah, K. (2018). Analysis of peer’s influence on academic procrastination. In Proceedings of the 1st International Conference on Educational Sciences, 2017 (Vol. 2, pp. 289-293). https://www.scitepress.org/Papers/2017/70493/70493.pdf

Wu-Chung, W., & Tzung-Cheng, H. (2010). The effect of purchasing situation and conformity behavior on young students' impulse buying. African Journal of Business Management, 4(16), 3530-3540. https://www.semanticscholar.org/paper/The-effect-of-purchasing-situation-and-conformity-Wu-Huan/de43799823ea07c469f52c179a05d6eceb56c987

Downloads

Published

2024-10-23

How to Cite

ASI, G., & Anaya, K. K. O. (2024). Peer Influence and Adolescent Spending: Insights into High School Students’ Buying Behavior. 11th International Scholars Conference, 11(4), 1180-1189. https://doi.org/10.35974/isc.v11i4.3599