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Original scientific article

THE INFLUENCE OF SOCIAL MEDIA ADVERTISING ON CONSUMER BUYING BEHAVIOUR: A STUDY OF URBAN MILLENNIALS WITH REFERENCE TO THE E-COMMERCE INDUSTRY

By
C. Nandan Orcid logo ,
C. Nandan
Contact C. Nandan

Research Scholar, Department of Commerce and Management, Dayananda Sagar University , Bangalore, Karnataka , India

Suresh Ranganathan Orcid logo ,
Suresh Ranganathan

Guide & Professor, Marketing and Retail Management, Department of Commerce and Management, Dayananda Sagar University , Bangalore, Karnataka , India

Karthik Reddy Orcid logo ,
Karthik Reddy

Assistant Professor, Department of Management Studies, Nitte Meenakshi Institute of Technology (NMIT), Nitte (Deemed to be University) , Bangalore, Karnataka , India

S. Ramesh Babu Orcid logo ,
S. Ramesh Babu

Associate Professor, Department of MBA, KL Business School, Koneru Lakshmaiah Education Foundation , Guntur, Andhra Pradesh , India

M. Krishnamoorthi Orcid logo ,
M. Krishnamoorthi

School of Commerce, Accounting and Finance, Kristu Jayanti University , Bengaluru, Karnataka , India

Venkata Raghu Babu Nallamalli Orcid logo ,
Venkata Raghu Babu Nallamalli

Associate Professor & Training and Placement Officer, Department of Management Studies, RISE Krishna Sai Prakasam Group of institutions , Andhra Pradesh , India

S. Mahabub Basha Orcid logo
S. Mahabub Basha

Assistant Professor, Department of Management, International Institute of Business Studies , Bangalore , India

Abstract

The proposed research explores the effects of social media advertisement on consumer purchasing behavior in the Indian e-commerce market among urban millennials. It was done in a quantitative and explanatory manner where primary data was gathered on 372 millennials in Bengaluru, as frequent users of e-commerce websites such as Amazon, Flipkart, Myntra, Nykaa, and Ajio. Social Media Advertising (SMA), Consumer Engagement (CE), Trust and Attitude (TA), and Buying Behavior (BB) are measured using validated scales. The data was analysed by means of SPSS 29 and AMOS 31.0 by means of Confirmatory Factor Analysis (CFA) and Covariance-Based Structural Equation Modeling (CB-SEM) by the Maximum Likelihood Estimation. The measurement model was found to be highly reliable and convergent (Cronbach 0.84-0.87/CR 0.88-0.91/ AVE was found to be greater than 0.60). Structural results revealed that social media advertisement has a great impact on consumer engagement (β = 0.38, p = 0.001) and the formation of trust/attitude (b = 0.41, p = 0.001). Moreover, CE (β = 0.36, p < 0.001) and TA (β=0.42, p < 0.001) have a positive effect on the purchasing behavior, which substantiates the mediating position of CE and TA. The analysis of bootstrapping (5,000 resamples) showed that there are significant indirect effects of SMA on buying behavior via CE (β = 0.214, 95% CI: (0.109252). The model accounted for 61 % of the extent of buying conduct (R 2 = 0.61), and it has strong fit figures (2/df = 2.28; RMSEA = 0.047; CFI = 0.95; TLI = 0.94; GFI = 0.92; AGFI = 0.91). The findings confirm the Theory of Planned Behaviour and Social Exchange Theory, which can be used by managers to put in place trust and engagement-based strategies in an effort to improve millennial buying behaviour.

Citation

This is an open access article distributed under the  Creative Commons Attribution Non-Commercial License (CC BY-NC) License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. 

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