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Subjective Well-Being Enhances Experiential Perceptions
Hyewon Oh1, Joseph K Goodman2, Dan R Schley3
1Stevens Institute of Technology, Hoboken, NJ, USA.
None:
The experiential advantage refers to the well-being people derive from experiences over material goods. This research took a psychological needs approach and tested whether well-being predicts seeing purchases and products as being able to offer experiences. Five studies, using trait and state measures of well-being and sampling people in Asia and North America, supported this hypothesis. Controlled studies found that people higher in trait well-being viewed purchases as more experiential (Studies 1 and 5). Momentary well-being, whether measured or manipulated, showed a similarly positive impact of higher well-being on experiential perceptions (Studies 2-4). The effect was specific to perceptions of the experiential nature of products, not their materiality, and was most consistent for the positive affect component of well-being. Combined with prior findings, results suggest a self-reinforcing, benevolent cycle: experiences improve well-being, and well-being orients people to the experiential, need-satisfying aspects of products, which may then further support well-being.
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