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Impact of the Internet on shopping
Online shopping vs offline
Customer relationship management theory
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Online Shopping Intention
Salisburyet al., 2001 explain that online purchase intention as a construct that provide the strength of customer intention to purchase on internet. When evaluating online consumer behavior it is observed online purchase intention is more applicable measure of intent to use web site (Pavlou2003). Further pavlou define purchase intention dependent on many factors. For the promotion of online purchase intention in consumers, online retailers will need to emphasis on these factors to enhance online purchases.
Customer Orientation
In a study which was conducted in UK and Italy shows that customer attitude toward internet shopping depends on understanding of retailer and consumer experience with online
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Further, the risky nature of online shopping required trust and risk play significant roles in completing online transactions (Pavlou, 2003). Jarvenpaa and Tractinsky (1999) says that trust play positive role towards the success of online transactions. Online trust more needed when customer share financial information and personal data for making a purchase online (Egger, 2006). Teo and Liu (2007) states, Online trust is centered on the perception of the risks or benefits of the online transaction. Number of studies has find that the more customer online trust the higher the number of online purchase intention (Verhagen et al., 2006; McKnightet al., 2002; Lim et al., 2006; Ling et al., 2010). Therefore, we …show more content…
Customer beliefs in framework of intention to shop online as “the extent to which a consumer believes that people who are important to him/her would recommend that the consumer engages in online shopping” (Vijayasarathy 2004). Tan et al (2007) divided subjective norms in two types, namely peer influence (friends and family) and external influence (mass medium, popular press and news reports). Foucault and Scheufele, (2002) define several consumers choose not to shop online if their friends or family do not suggest and encourage them to make purchases online. Thus, the following hypothesis is
Prendergast, G., Ko, D., & Siu Yin V., Y. (2010). Online word of mouth and consumer purchase intentions. International Journal Of Advertising, 29(5), 687-708
Based on these concerns, retailers in the international marketplace have their work cut out for them. But through proper education of consumers, and the ever-expanding growth of the infrastructure in many countries, the future seems to be leaning heavily towards using the Internet for many needs.
In today’s world, a Smartphone has become essential part of daily life. There was a time when transactions happened through barter system. Thereafter was the emergence of notes and coins. And presently, the world is moving towards the “Digital Wallet”. Due to technology, mobile users can use their Smartphone to make money transactions or payments by using applications installed in their phone. Digital wallet system is an essential part of electronic commerce. E-commerce provides the capability of trading on the internet. A digital wallet is a virtual service used as a substitute for physical cash. The present study tries to study the various factors that can affect a consumer’s
According to Degado and Aleman, (2001, European journal of marketing), brand trust includes brand reliability and brand intention. Bran reliably represents consumer belief that brand will deliver the value it promises, and brand intent refers to the temperament of the brand to put the consumer’s interest as the primary consideration. Growing researches about e commerce has noted the influence of web environment on trust and purchasing decision. This article regards brand affect as positive emotions and effective commitment which associates with brand feeling and concept of emotional bonding. Researchers have conducted various studies in order to understand the dominant factors that best fits with the selection of brand by the consumer and how the e-environment and its features effect the loyalty of customers and brand. Study states that privacy and security are highly correlated (Ha, H. Y., 2004 Factors influencing consumer perception of brand trust online “journal of product and brand management”, )as the consumers have to give their personal information, open online accounts, give their bank details, etc. they are worried that their transactions can be traced by other user and online viruses could affect their transaction. Researchers than framed hypothesis on brand and e- environment to find the relationship between the brand and online portals or website. Outcome was that he brand
Businesses use the media to convince consumers to buy their products. Since the start of mass media, companies have used communication to broadcast to large numbers of people about their product (Shah). Companies spend a great amount of money to encourage people to buy their product, by winning them over (Shah). The media provides information, rates, and suggests new products and services such as movies, computers, restaurants, books, fashion items, and more (Rinallo and Basuroy). Back in the days where brands had to buy advertising or secure media placements are gone. Today it is becoming really hard to know the difference between the role of marketer and publisher. This gives the chance for companies to become satisfied conservators, making their own items on their websites for their businesses (“Media Influence”). More and more people are considering traditional advertisements as untrustworthy; in fact, 75% of people do not think traditional advertisements are true. Companies uses online advertisements to influence people to buy their product. People today are trying to make more informed buying choices, using all the information they can find online. A person’s online experience can influence them to shop at a particular store; in fact, 91% of people shop at stores because of reviews online (Peneycad). People spend a large amount of time researching products before they decide to buy them. 86% of people use search engines to research products. 62% of people who research products online buy products in the store. People who research services and products online are more likely to make a buying decision (Peneycad). 78% of people are influenced by post from companies on social media websites. 72% of people are trusting of online recommendations of products. Peneycad mentions,“This means 72% of people trust complete strangers just as [much] as people they know when it comes to making a purchase decision (Peneycad 2).
The Internet is rapidly becoming widespread and widely used as a tool for globalization across the world. As the Internet became more easily accessible by most people in the world, the web is bringing significant implications and changes to the way we live, including the way we shop. There is a rapid growth with e-commerce and moving businesses onto the web and retail success is no longer about stores and shopping centers. In developed countries, about two thirds of the population have access to the Internet making the option of online shopping is easily accessible to most people (Valerio). With the ease of shopping in your own home there are many benefits of doing your shopping online. Consumers can easily compare prices online, there is a larger range of products on the web, you can save time by having your shopping delivered right to your doorstep and it also overcomes physical barriers. Over the last decade online shopping has challenged and replaced the traditional means of physically going into shops as the digital world has provided customers with further convenience, flexibility and comfort from shopping from your own home.
In this essay, I will discuss the effects of peer pressure on consumer’s purchase behavior.
In today’s era “INTERNET” is playing a significant role in our daily life. People can walk through the internet to one who is actually living on the different side of the planet, can send mails round the clock, search information & even buy things online. With this invention of internet there is a shift in traditional way of shopping. Now there is no need to open a physical store. One can be active at any time and place and purchase products and services. The number of users of internet is increasing day by day which means that online shopping is increasing. Various characteristics of online shopping is making it more convenient for the customers, as compared to traditional way of shopping such as the ability to view and purchase goods and
Many used to be afraid of entering any personal information into the web. After individuals became more comfortable, online shopping was the next trend that everybody wanted to try. Consumes began to change their habits of visiting the mall more than twice a month to grab necessities or even to look around stores and the products; to sitting at home staring at a computer screen shopping in all the online businesses that exists. Like traditional shopping, online shopping has its benefits including: better prices, a variety of choices, saving time and money, no crowds and its convenient. But to every advantage there are disadvantages including: privacy and security, trying clothing items on, and questions that can’t always be answered right then. Now that online shopping exists and becoming more popular, malls need to start reinventing
The primary objective of this project is to study the importance of Online shopping. The importance of the online shopping is to determine through two important factors. The first important factor is to know customer perception about online shopping. The second major factor is to find out the factors influencing the customers to go on online shopping.
Emergence of the New Digital Consumer: A Study towards the Online Purchase Intention of the Mauritian Consumers.
We are swayed by marketing. Marketing is very highly mentioned when it comes to consumer behavior. As Americans, we are all guilty of being persuaded by consumers through advertising and marketing daily. Anytime an individual chooses to shop online, they notice all of the advertising on display. Most of the time, those advertisements will get us to buy things
Customers bicker back and forth on which shopping experience is better, online or in stores. A lot of customers have a type of shopping that is more convenient, and others rather stay away from in store shopping. Shopping used to be a hassle in the stores but with the newer technology shopping in the stores is so much easier than it used to be. A lot of people have thought about shopping on the internet, but people do not understand all the downfalls that come with it. The shopping experience is a type of opinion where customers debate whether they enjoy online or offline shopping, people always look at how quick and easy shopping is. Americans should continue to shop offline due to businesses improving shopping experiences, safer for customers, and can save time in the long run.
Following research study shows the trend of increased interest among people for online shopping and whether online shopping websites are effecting the sales of conventional retail store or not.