PREDICTING CONSUMER’S PERCEPTIONS IN ON-LINE SHOPPING 2 Predicting Consumer’s Perceptions in On-line Shopping Research question/ hypotheses The main research question guiding the study conducted in the article is ‘what are the various perceptions of consumers in regard to online marketing?’ The hypotheses being tested in the study are: H1: Perceived risk will have a negative impact on the customer’s intention to shop online. H2: Perceived usefulness will have a positive impact on the customer’s intention to shop online. H3: Perceived ease of use will have a positive impact on the customer’s intention to shop online. H4: Perceived enjoyment will have a positive impact on the customer’s intention to shop online. Summary of the study In the recent days, technological advancement in the world has led to significant changes in the business world (Picot-Coupey, Huré, Cliquet & Petr, 2009). There is introduction of complex algorithms that contribute greatly to the advancement. The technology introduced has brought about a positive influence on the businesses and enabled easier management. Data management and storage sectors have been greatly improved. Communication is now efficient with video-conferencing often utilized to achieve the business goals put in place. Business cost has also decreased due to subsequent reduction in the production cost and marketing. One thing that stands out in the technology advancement sector of business is the economic globalization. It can be defined as the increased international trade, capitalism, and
PREDICTING CONSUMER’S PERCEPTIONS IN ON-LINE SHOPPING 3 movement of goods without limitations of boundaries with subsequent interdependence and liberalization of markets. In particular, E-business is one of the sectors that have shown much capability in expanding businesses. It involves the use of internet resources to carry out businesses (Mandilas et al., 2013). E-commerce is a sub-branch that involves the buying and selling of the goods using the internet with the transfer of money and data execution utilizing the same method. As a result, this study aims at researching on the various perceptions of consumers in regard to online shopping. Significance of study E-commerce despite being an area identified to have much success has not been explored by many. Statistical evidence of the success rate of the specialized market is limited this far. The numbers of online shopping platforms keep increasing every day. However, clear distinct information of the well fair of the market is yet to be documented. As discussed by Watson (2013), studies conducted in in regard to online marketing indicate that the online retail market will overtake the brick and mortar retail system. The brick and mortar refers to the traditional retailing that entails having a business having a physical presence in a structure in order to provide a face-to-face customer experience in selling products and providing services (Schramm-Klein et. al, 2007). Due to the rapid growth of the retail sector, the consumer behavior patterns have not been understood. It is quite important to know what exactly spikes the customers with formulation of clear do’s and don’ts in the online business. This study is based on getting a side-to-side view of the consumer behavioral patterns when it comes to the acquisition of online shopping habits. The comparison will be between UK online consumers and those in France. Their perceptions and expectations will be fully analyzed. The analysis will give an idea of what the online shoppers look for when they use the retail
PREDICTING CONSUMER’S PERCEPTIONS IN ON-LINE SHOPPING 4 method and this will enable the company to formulate achievable objectives that will lead to the top-notch establishment of online retail presence. Objectives of study I.To have a demographic comparison of the effectiveness of online retail market for the consumers II.To determine the undertakings of online retail marketers those are not liked by customers III.To analyze the factors those promote online shopping tendencies A qualitative research design is adopted for the purposes of studying the perceptions of consumers in this study. The researchers use this design since it is effective given the nature of the study. Sampling of the data in this research study is carried with so much significance. On the same note, the population under this research is sampled in Greece whereby the total target population is 600 but only 124 individuals are used as the sample population. Mails are used as the primary data collection instrument. I believe that the research design used in the study was appropriate. This is because it ensures that the researchers were able to sample the entire target population making it easy to generalize results without bias. In any given study, ethical considerations are very crucial. This is because they help in maintaining the credibility of a study. Additionally, ethics are incorporated in this study to ensure that data collected is not edited or tampered with. As a result, the study is ethically sound. References Mandilas, A., Karasavvoglou, A., Nikolaidis, M., & Tsourgiannis, L. (2013). Predicting consumer's perceptions in on-line shopping.Procedia Technology,8, 435-444.
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PREDICTING CONSUMER’S PERCEPTIONS IN ON-LINE SHOPPING 5 Picot-Coupey, K., Huré, E., Cliquet, G., & Petr, C. (2009). Grocery shopping and the Internet: exploring French consumers' perceptions of the ‘hypermarket’and ‘cybermarket’formats.The International Review of Retail, Distribution and Consumer Research,19(4), 437-455. Schramm-Klein, H., Swoboda, B., & Morschett, D. (2007). Internet vs. brick-and-mortar stores- analysing the influence of shopping motives on retail channel choice among internet users. Journal of Customer Behaviour, 6(1), 19-36. Watson, L. (2013) Slimfone bly koop-koning. Sake Rapport. 18 August 2013