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Strategies to manage the risks faced by consumers in developing e-commerce
- Source :
- Insights into Regional Development, Insights into Regional Development, Entrepreneurship and Sustainability Center, 2020, 2 (4), pp.774-783. ⟨10.9770/ird.2020.2.4(4)⟩
- Publication Year :
- 2020
- Publisher :
- HAL CCSD, 2020.
-
Abstract
- International audience; The study investigates the management of risk in E-Commerce and what different barriers are faced by consumers during an uncertain and risky situation. The study utilizes both primary and secondary data in order to get reliable results. There are different risk factors that affect the purchasing behaviour of consumers who shop online. The consumer's perception of risk may be the result of all the emotional processes through which consumers recognize, organize and provide meaning to sensations received, such as the need for product quality, safety online and overall satisfaction. The primary data consists of a survey of online shoppers. The research data and questionnaire was administered to 972 internet users who are classed as experienced and avid users. The secondary data includes an analysis of the various theories of consumer behaviour, models of online adoption, risk factors to marketing and shopping online, models of the adoption of innovation and new ways of marketing and trade. Both techniques are utilized that would examine the relationship between perceived risk strategies and customer satisfaction as well as examined the customer involvement and propensity to take risk on existing relation of online shopping.
- Subjects :
- media_common.quotation_subject
E-commerce
010501 environmental sciences
01 natural sciences
risk management
perceived risk strategies
JEL: M - Business Administration and Business Economics • Marketing • Accounting • Personnel Economics/M.M3 - Marketing and Advertising/M.M3.M31 - Marketing
0502 economics and business
Quality (business)
Marketing
financial manager
Risk management
Consumer behaviour
0105 earth and related environmental sciences
media_common
business.industry
customer satisfaction
05 social sciences
JEL: G - Financial Economics/G.G3 - Corporate Finance and Governance/G.G3.G32 - Financing Policy • Financial Risk and Risk Management • Capital and Ownership Structure • Value of Firms • Goodwill
[SHS.ECO]Humanities and Social Sciences/Economics and Finance
Purchasing
Product (business)
Risk perception
customer involvement
JEL: Z - Other Special Topics/Z.Z3 - Tourism Economics/Z.Z3.Z33 - Marketing and Finance
Customer satisfaction
propensity to take risk
business
050203 business & management
Subjects
Details
- Language :
- English
- ISSN :
- 26690195
- Database :
- OpenAIRE
- Journal :
- Insights into Regional Development, Insights into Regional Development, Entrepreneurship and Sustainability Center, 2020, 2 (4), pp.774-783. ⟨10.9770/ird.2020.2.4(4)⟩
- Accession number :
- edsair.doi.dedup.....a3704a9f68bcc77f1ca92b87106d318f