Economic inequality and its impact on consumer behavior: Insights from the muslim Banjar community

Hikam, Muhammad, Siswanto, Siswanto ORCID: https://orcid.org/0000-0003-0190-627X and Djalaluddin, Ahmad ORCID: https://orcid.org/0000-0001-7062-663X (2024) Economic inequality and its impact on consumer behavior: Insights from the muslim Banjar community. Al-Banjari : Jurnal Ilmiah Ilmu-Ilmu Keislaman, 23 (2). pp. 137-166. ISSN 2527-6778

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Abstract

Economic inequality significantly influences consumer behavior, especially within culturally unique communities like the Muslim Banjar community in South Kalimantan, Indonesia. This study aims to explore the psychological and cultural impacts of economic inequality on consumer preferences, particularly toward advertising appeals emphasizing personal control. Using experimental methods involving 653 participants across five studies, the research reveals that higher economic inequality evokes financial threatperceptions, reduces a sense of control, and increases preferences for empowerment-focused advertisements. The findings further indicate that cultural values, such as family solidarity and religious beliefs, moderate these effects, mitigating the adverse impacts of inequality. The implications suggest a dual approach in advertising strategies—emphasizing both personal and collective empowerment—to address consumer needs in economically unequal societies. These insights provide valuable guidance for marketers and policymakers in crafting culturally sensitive and effective interventions.Keywords: economic inequality, consumer behavior, advertising appeals, personal control, Muslim Banjar community, cultural values.

Item Type:	Journal Article
Keywords:	economic inequality; consumer behavior; advertising appeals; personal control; Muslim Banjar community; cultural values
Subjects:	14 ECONOMICS > 1401 Economic Theory > 140104 Microeconomic Theory
Divisions:	Graduate Schools > Magister Programme > Graduate School of Islamic Economics
Depositing User:	Dr. Ahmad Djalaluddin
Date Deposited:	13 Jan 2025 09:44

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