Monday, December 23, 2019
Consumer Buying Behaviour And E Commerce - 2283 Words
A Critical review of Singh, S. and Sinha, P. (2013). Consumer Buying Behaviour and E-Commerce ââ¬â An Indian Perspective. JOAMS, 1(2), pp.250-254. Indian consumer is becoming more refined than ever and now prepared to disburse money on brands, quality and convenience, which is a result of rising urbanization, ascending incomes and escalating desire for a better life. Advancement, acceptance and growth of Internet made way for e-commerce as a satisfying substitute to brick and mortar outlets. This journal article seeks to understand Indian B2C online market especially from the consumersââ¬â¢ viewpoint. In doing so, the paper paid attention upon the success factors, which can be stated as a gap in the Indian market, fulfillment of which hasâ⬠¦show more contentâ⬠¦The authors also zoomed into the fact of Indian hesitation to purchase products without touch and feel inspection without paying heed to the e-retailers already sorted solution to this problem ââ¬â Cash On delivery. The major reason which is compelling the hesitated Indian customers to get out of the risk factor and go e-shopping is cash-on-delivery wherein the consumer can see the product, be sure of the purchase and then pay cash on the door ââ¬Å"(Business today, Feb 16 2014)â⬠The authors stated product offerings, convenience, cost saving and richness of information as critical reasons that makes Indian consumers go shopping online derived on the basis of literature review and study of market statistics through case study. However an in-depth research was required to analyze the factors affecting the online consumerââ¬â¢s behavior. The efforts of e-marketers which can influence the outcome of the virtual interaction and buying process by focusing their marketing efforts on elements shaping the customerââ¬â¢s virtual experience, the Web experience, were not concentered upon. ââ¬Å"Efthymios Constantinides, (2004), Influencing the online consumer s behavior: the Web experience, Internet Research, Vol. 14 Iss 2 pp. 111 ââ¬â 126â⬠Lastly,Show MoreRelatedE Commerce, B2b And B2c1301 Words à |à 6 PagesI. Introduces the E-commerce, B2B and B2C 1. E-commerce E-commerce stands for Electronic commerce and it is the process of buying, selling or exchanging products, service or information across the Internet. E-commerce not only buying and selling of products and service, but also servicing customer, collaborating with business partners, and conducting electronic transactions within an organisation. 2. B2B e-commerce B2B stands for Business-to-Business, which is the transactions between businessesRead MoreThe Impulse Of An Impulse Purchase Decision843 Words à |à 4 Pagesconsumerââ¬â¢s mind. Generally, impulsivity is a personality trait with negative connotations as in most cases impulsive behaviour leads to rushed decisions without the individual realising the effect that their decision may have. It is useful to explore how impulse buying behaviour has risen and become a norm in the modern era with all but a few retailers targeting certain products at the consumer who is vulnerable to act impulsively. In terms of where these goods are usually found, it is usually just beforeRead MoreInfluence Of Multichannel Selling Strategies Towards Consumer Buying Behaviour Essay1545 Words à |à 7 PagesTitle ââ¬Å"Influence of Multichannel Selling Strategies Towards Consumer Buying Behaviourâ⬠Introduction The research dissertation that is proposed throughout this paper brings an indication towards the topic of multichannel enhancement. The topic has seen a major shift in how consumers are using the multichannel environment to purchase more and more than ever before (Jones, 2013). The retail environment has evolved with this consumer shift, in becoming more dynamic towards the customerââ¬â¢s needs and creatingRead MoreFrom Predictive Analytics to Predictive Buying: Amazon Case Study1259 Words à |à 5 PagesPredictive Buying- Making Business Sense - Amazon Introduction Did you know that your choices and urges follow a pattern that can be predicted by science? 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The function of multiple-channel retail, also commonlyRead MoreThe Impact Of Technology On Consumer Behavior1364 Words à |à 6 PagesTechnology on Consumer Behavior Dismary Munoz-Castillo Consumer Behavior (BUS235) ââ¬Æ' The Influence of Technology on Consumer Behavior The implementation of new technologies, such as the Internet, mobile phones, social media, and customer relationship management systems, allow customers to have full access to detailed product information and prices, compare products against other competitors, and ultimately make a purchase decision in an easier way. Even better, from the comfort of their home, consumers areRead MoreGlobal C Suite Programme On Corporate Executives Essay1475 Words à |à 6 Pagesunderstand their customers (IBM Global Business Services, 2014). According to the study, only sixteen percent of top corporate executives (CEOs, CFOs, COOs and other C-level executives) in New Zealand believe that they understand their clients or consumers. The figure is relatively low if compared to the global total of thirty-five percent considering the advance economy of the country. The article also pointed out that significant efforts will be made to improve New Zealandââ¬â¢s overall percentageRead MoreE-Tailing1230 Words à |à 5 PagesThe eââ¬âtailing business sector is described as ââ¬Å"the selling of retail goods electronically over the internetâ⬠(DMS Retail, 2011, p.2). Information technology in the e-tail business sector is developing with â⬠the emergence of standardized Web 2.0 technology and open source software packages, shopping cart and e-tail e-commerce tools have become cheaper, more powerful, standardized and chock-full of all kinds of interactive, multichannel and multimedia featuresâ⬠(E-Commerce Times, 2007, p.1). MajorRead MoreConsumer Behavior Influenced By Reverse Logistics Essay1883 Words à |à 8 PagesTerm Paper Title: Consumer behaviour influenced by Reverse Logistics Abstract As in todayââ¬â¢s dynamic market, every firm is trying to expand their customer base by targeting new customers as well as retain their existing customers. The revolution of e-commerce players into the market has created a huge competition in the retail market and every player is working on developing new strategies to differentiate their products and services. And as a consumer, we have a lot of options to evaluate or decide
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