Effect of Online Shopping Trends on Consumer-Buying Behavior
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This research study focuses on the effect of online shopping trends on consumer-buying behavior, with a case study on Sainsbury's. It explores the impact on business profitability, strategies to improve online shopping trends, and the relationship between online shopping and consumer-buying behavior.
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Contents INTRODUCTION...........................................................................................................................3 LITERATURE REVIEW................................................................................................................4 RESEARCH METHODOLOGY....................................................................................................5 RESULT AND DISCUSSION........................................................................................................6 RECOMMENDATION.................................................................................................................11 CONCLUSION..............................................................................................................................11 REFERENCES..............................................................................................................................12 2
Topic- Effect of online shopping trends on consumer-buying behavior. A case study on Sainsbury’s. INTRODUCTION Online shopping is becoming consider as one of latest trends in nowadays and many people uses this medium for convenient shopping. In fact, it is one of the popular aspect of shopping among internet community. No matters electronics, online shopping, pets and other trends is becoming very popular with each passing days. There are hundreds of website and other smart application which are being created or deployed every year in order to cater this rising demand of comfortable shopping trends. In this research study, it is mainly focused on the online shopping trends which have led research believe that age is not only factor causes youth to turn into online shopping. There are different factors involved in marking online shopping and become consider the fastest growing market in global world. This research study will describe the significant affect of online shopping trends on the consumer-buying behaviour. Aim of research- To investigation on theeffect of online shopping trends on consumer-buying behavior. A case study on Sainsbury’s. Research Questions To determine the effect of online shopping trends on the business profitability as well as productivity. To identify the impact of online shopping on the consumer-buying behaviour. To examine the different strategies in order to improve online shopping trends and attract consumer-buying behaviour. Research Objectives What are effect of online shopping trends on the business profitability as well as productivity? What is the impact of online shopping on the consumer-buying behaviour? 3
What are different strategies in order to improve online shopping trends and attract consumer-buying behaviour? LITERATURE REVIEW Online Shopping Vasić,Kilibardaand Kaurin(2019) Through internet, it is conveniently purchase or buy a product as well as service online. Nowadays, it has been rapidly increasing the demand of online shopping,whichbecomeconsideraspopular. Theadvantageof onlineshopping isthat completely change the behaviour of consumers. It became easier for every potential consumers to compare product or service through online medium. The choice is become convenience, easier it is find online as desired product. Sometimes, it has been observed that online shopping provide more satisfaction to current modern days for consumers, who are seeking convenience & pace. As perIzogoand Jayawardhena(2018) there are various kind of online shopping tool or platform used by retailer in marketplace. In this way, it can easily attract the consumers in order to provide the best quality of product as well as service. Because of Covid-19, it has been increasing the demand of online shopping trends and also affect on the consumer-buying behaviour. Many clients are majorly influence with online shopping trends to buy a product or service. Customer-buying behaviour According toShokouhyar,Shokoohyarand Gupta(2021) consumer buying behaviour refers to the study of group, individual and organisations and processes as they can select, secure, protect and dispose of different items and services. It is very important to identify the satisfaction level of client and how online shopping directly impact on their purchasing power. In recently, it has been increasing the sales of product through E-commerce due to covid-19, which means that many people prefer to use online platform and then buy a specific product. Online selling is now as essential part of economy. All over the world, there had been an obvious thing and developing a lot of trust in consumers towards online shopping trends. 4
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As perJovanovićand Doljanica(2020) internet development has helped bring about increases the number of online consumers. There are various people feel so much hesitate because they are concerned about the related personal safety as well as privacy. Nowadays, online franchise & store are becoming more sophisticated online shopping because it continue to mark its existence in marketplace. Sometimes, it has shown that there is no specific dramatic resolution in every people who are trying to buy a product as well as service. Relationship between online shopping and Consumer-buying behaviour As perVijayalakshmi,Gurumoorthyand Praveenkumar(2020) Consumer relationship are becoming consider as one of the most significant aspect in maintaining trust while building a relation with online shopping trends. As far as fear for secure transaction is concerned, but different retailer should try to give the best opportunities where it is always keep secure sensitive information. This can possible when retailer follows a privacy policy whereas every staff members needs to be followed in proper manner. Ouyang,Huangand Wei(2021) said that Relationship between consumers and online shoppingwhichmeansthatestablishacommunicationwhilebuildingacoordinationor interaction. Retailer will use online shopping platform and give better experience so that potential consumers will integrate with new trends and feel as positive experience. Therefore, online shopping trends will be changing the consumer buying behaviour. Also people with time constraints prefer the online shopping technique or method. It is greater way to increase pressure or time on retailer. But some client who shop online regularly, of they do not plan ahead and likely to go for online shopping. RESEARCH METHODOLOGY Research method is based on the systematic approach in which gather, collect large relevant information in regards research topic (Doddsand Hess,2020). Methodology is all about the philosophical framework within which research will be conducted on the basis of requirements. It is one of the important aspect of researcher to use an appropriate methodology in identify the specific information and help a researcher to further analysing. 5
The research design is based on the blue print for fulfilling objective and identify the accurate answer. In this research study, it has been chosen descriptive research in order to identify accurate profile of an event or situation (Nayakand Singh,2021). This type of research design is helping to investigator to represent a clear picture of phenomena, which was used to collect a data. In research study, investigator has chosen simple random Sampling method in which selecting some of element from large population. The sample size is 30 consumers. On the other hand, there are two different research method applicable in any research study, but in this study, it has chosen qualitative method in which identify pre-existing theories to find accurate result. Data Collection method are based on the procedures that help for identifying the gather relevant information in different ways: primary and secondary (Zawacki-Richterand et.al., 2020).Inthisresearchstudy,researcherhaschosenprimarydatacollectionbyusing Questionnaires technique. In order to targeting the sample population such as consumers, identify their opinion in regards of online shopping trends. RESULT AND DISCUSSION In this research study, data analysis is based on the process or method of inspecting, cleaning, transforming and modelling data with specific goal of discovering use information. Afterwards, researcher can utilise this questionaries’ method to identify the opinion or view point of respondent in proper manner. In generally, it helps for research in analysing different pattern of observation through entire data collection phase. Theme: 1 Do you think that effect of perceived risk on the online buying behaviour Q1. Do you think that effect of perceived risk on the online buying behaviour FrequencyResponse Strongly agree Agree Strongly disagree disagree 8 6 7 5 6
Total30 Table -1 Figure1 Interpretation- From above analysis, it has been summarised about the effect of perceived risk on the online buying behaviour. Each and every respondents have been shared their opinion in regards of perceived risk which is majorly identified in online buying behaviour. On the basis of interpretation, It can be identified that 8 respondents are strongly agree, 6 respondents are agreed, 7 respondents are strongly disagree and 5 respondents are disagree. In this way, it has concluded that maximum respondent’s agree on the concept where identifying different risks in case, if retailer do not provide quick service in fast manner. Thus, it may create a negative impression which is directly affecting consumer-buying behaviour through online shopping. 7
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Theme: 2 Do you think that online shopping increases the demand of product and service among potential consumers in marketplace. Q2.Do you think that online shopping increases the demand of product and service among potential consumers in marketplace? FrequencyResponse Strongly agree Agree Strongly disagree disagree 10 7 5 4 Total30 Table: 2 Figure2 8
Interpretation- From above analysis, it has been summarised about theonline shopping in which increasing the demand of product and service among potential consumers in marketplace. This can possible when everyone uses online platform to purchase any kind of items and also doing comparison with same item into another brand. That’s why, most of people prefer to choose online shopping as best option. Nowadays, it has been already changed the consumer buying behaviour because of online shopping trends. These are always inspire or motivate people to purchase item accordingly. On the basis of interpretation, It can be identified that 10 respondents are strongly agree, 7 respondents are agreed, 5 respondents are strongly disagree and 4 respondents are disagree. In this way, it has concluded that maximum respondent’s agree on the concept, also sharing their opinion on the basis of experience. Theme: 3 Do you think that product awareness increases due to online shopping trends among consumers. Q 3. Do you think that product awareness increases due to online shopping trends among consumers? FrequencyResponse Strongly agree Agree Strongly disagree disagree 9 8 7 6 Total30 Table: 3 9
Figure3 Interpretation- In above chart, it has been concluded that product awareness increases because of online shopping trends, which means that every consumer will try to use new trends and then find out best options. That’s why, it has been examined that everyone uses online platform to purchase any kind of items and also doing comparison with same item into another brand. Nowadays, it has been already changing the consumer buying behaviour because of online shopping trends. These are always inspire or motivate people to purchase item accordingly. On the basis of interpretation,It can be identifiedthat 9 respondentsare strongly agree, 8 respondents are agreed, 7 respondents are strongly disagree and 6 respondents are disagree. In this way, it has concluded that maximum respondent’s agree on the concept, also sharing their opinion on the basis of experience. 10
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RECOMMENDATION In this study, it has been recommended that focus on the various kind of risk-reducing strategies and need to be developed by online retailer. Sainsbury’s retailer should start the online campaigns in order to educate the consumers in regards of online shopping trends. Therefore, it will help for changing their negative consumer-buying behaviour and help to increase the importance of online retailer in marketplace. On the other hand, it has been suggested that provide the guarantee mechanism for consumers in regards of product quality or service. This will help for inspiring or motivating the potential consumers towards online shopping trends. In this way, every consumer can feel safe, reliable online service and ensure that online product are received by the customers. CONCLUSION From above discussion, it has been concluded that online shopping trends effect on the consumer-buying behaviour. On the basis of data interpretation, it has been identified the opinion or view point of respondents, analysed that online shopping is become consider as one of the great opportunity for consumer to purchase an item. Examined the relationship between online buying consumer behaviour and online shopping trends. Through this study, it also established that consumer already taken to online purchasing as indicated 50% of respondents who had online purchasing experience. After successfully conducting the research, it has been generated an accurate result or outcome. On the basis of relevant factor that seems to be affecting the customer buying-behaviour towards online shopping trends. Apart from that, study suggests that retailer can induce consumer buying behaviour by using strategic approaches. In order to influencetowardsonlineplatformandestablishatransparentcommunicationwithgreat importance in current scenario. 11
REFERENCES Book and journals Vasić, N., Kilibarda, M. and Kaurin, T., 2019. The influence of online shopping determinants on customer satisfaction in the Serbian market.Journal of theoretical and applied electronic commerce research.14(2). pp.70-89. Izogo, E.E. and Jayawardhena, C., 2018. Online shopping experience in an emerging e-retailing market.Journal of Research in Interactive Marketing. Shokouhyar, S., Shokoohyar, S. and Gupta, V., 2021. Promoting fashion customer relationship managementdimensionsbasedoncustomertendencytooutfitmatching:mining customer orientation and buying behaviour.International Journal of Applied Decision Sciences.14(1). pp.1-23. Jovanović, S.V. and Doljanica, S., 2020 Social Media in Fashion Industry: Empirical Study of Customer Buying Behaviour. Vijayalakshmi, R., Gurumoorthy, T.R and Praveenkumar, K., 2020. Consumer buying behaviour through Online shopping application in fast moving Consumer goods.Asian Journal of Management.11(3). pp.315-320. Ouyang, Y., Huang, L. and Wei, Z., 2021, March. Research on the Influence Mechanism of Precision Marketing on Online Consumer Behaviour based on the ‘S–O–R’Paradigm and Eroglu’s (2001) Online Shopping Response Model: Take the TikTok platform as an example. In2021 2nd International Conference on E-Commerce and Internet Technology (ECIT)(pp. 218-223). IEEE. Dodds, S. and Hess, A.C., 2020. Adapting research methodology during COVID-19: lessons for transformative service research.Journal of Service Management. Nayak,J.K.andSingh,P.,2021.FundamentalsofResearchMethodologyProblemsand Prospects. SSDN Publishers & Distributors. 12
Zawacki-Richter, O. and et.al., 2020.Systematic reviews in educational research: Methodology, perspectives and application(p. 161). Springer Nature. 13
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Appendix Questionnaires- Q1. Do you think that effect of perceived risk on the online buying behaviour? Strongly Agree Agree Strongly Disagree Disagree Q2.Do you think that online shopping increases the demand of product and service among potential consumers in marketplace? Strongly Agree Agree Strongly Disagree Disagree Q 3. Do you think that product awareness increases due to online shopping trends among consumers? Strongly Agree Agree Strongly Disagree Disagree 15