Premium (2009). (2009). Zhou, L., Dai, L. & Zhang, D. (2007). Explosion of e-commerce has changed the buying patterns and preferences of customers. Online Shopping: Benefits and Hazards Need of the study 9, Issue 3, No 1, May 2012 ISSN (Online): 1694-0814 www.IJCSI.org 487 A major concern in building trust online deals with the issue of privacy, mainly because it is practically impossible to remain completely anonymous when buying online, whereas in most purchases of most products (except large purchases such as cars) one can enter a shop, pay in cash and avoid any disclosure of personal details or even her name. It is clear, thus, that building and maintaining trust is a major concern for an online vendor. Conclusion Mulpuru, S., Johnson, C. & Hult, P. (2008). Establishing a store on the Internet, allows for retailers to expand their market and reach out to consumers who may not otherwise visit the physical store. Clearly, Internet shopping has several unique characteristics, which should be dealt with in other means than conventional retailing. INDIA” As discussed above, this paper assumes that Internet shopping is to be considered as the most important development in retailing of the past two decades. Shopping cart software, Electronic commerce, Website 1564  Words | demographic, psychographic) that distinguish them? Online Retail Industry BMG320: TOPICS IN ENTREPRENEURSHIP Carolyn Gagnon and Jonathan Goyette - April 5, 2015 ONLINE RETAIL INDUSTRY 1 2. With the development of the Internet and information technologies the global business has moved into the web due to a great number of positive factors. Retailing, Shopping cart software, Shopping 1659  Words | Farag, S., Weltevreden, J., Van Rietbergen, T. & Dijst, M. (2006). Meanwhile the sector remains dominated by store-based grocers such as the likes of Sainsbury’s, Tesco and Waitrose that have remained … & Srinivasan, S. S. (2001). As not all surfers have clear buying intentions, retailers often use their technical capabilities to encourage purchase of specific products and even to create a general interest without an actual buying intention to a purchase. Retrieved June 26, 2009 from , Miniwatts Marketing Group. The research used a quantitative methodology based on the approach advocated by Williams (2009). So online shopping has becoming a trend that is why it is necessary to make a study on online shopping usage and perception. 15-23. Unlike conventional shops, cash and cheques are naturally less accepted on online purchases. Internat Shopping Research Paper. Using various technologies (primarily “Coockies”), websites “remember” one’s shopping cart and allow purchase at a different occasion. Methodology Internet Retailer Top 500 Guide. The three main ways to find a product in an online retailer service are direct browsing in the retailer’s website, shopping search engines (such as Google Product search), price comparison websites (such as PriceGrabber.com). Similarly, the online purchasing behaviors of those aged 40-49 surpassed those in … Conclusion backward and forward search of sources who are cited by or citing a given source in use. And most importantly, it is safe to assume that this field is expected to show a high level of innovation and a steep learning curve, which can be matched only to this medium’s phenomenal growth rates. This paper analyses Internet shopping from the demand side point of view. As discussed below, this form of economic restructuring, whose importance can be compared to the Industrial Revolution of the late 18th and early 19th centuries, has brought about significant changes in the roles, behaviour and functioning of consumers and businesses. Simply put, one will build his perception regarding the trustworthiness of a company (in terms of e.g. Shopping, Electronic commerce, Retailing 1271  Words | Environment and Planning B: Planning and Design, 33, pp. Sixth is no need to waiting in lines. This study was conducted by questionnaire and investigated university teaching staff attitudes to the use of mobile phones in tutorials (see Appendix 1). Research Paper About Online Shopping and more essays - all the Essays and Term Papers for you Shopping Online Research Paper 75735 150000+ College Essays This paper discusses to what extent the electronic marketing channel is the future of shopping. 3.2 Key Drawbacks and Dilemmas of E-commerce. Income is positively related to online shopping tendency. Upper Saddle River: Pearson Prentice Hall. Retrieved June 26, 2009 from , Mulpuru, S., Johnson, C. & Hult, P. (2008). As an exploratory research study, a qualitative research … Premium TYBMM, Advertising, 2013 Retrieved June 27, 2009 from , Adaptation and Standardization Research Paper. 3  Pages. Chang, M. K., Cheung, W. & Lai, S. V. (2004). The quantitative data is sample and objective. By 41-62. Introduction Changchit, Douthit, and Hoffmeyer (2005) Conducted a study on online shopping was related to online some interesting factors which is about to effect of online shoppers when they purchase from a website, more or less IJCSI International Journal of Computer Science Issues, Vol. For example, a cross-cultural empirical study by Lynch, Kent, & Srinivasan (2001) found that trust-enhancing factors, which work well in North and South America, are not effective at all in Western Europe. Although it is impractical to describe Internet shoppers as a uniform segment, and findings from several studies are not always consistent, some possible consumer trends can be found. Premium Other scholars, who focus on the technology-oriented views, use the information regarding the nature of potential customers and the available IT tools to optimize the design of web pages in order to attract surfers, prolong the duration of their stay in the website and to improve customers’ experience in a manner that should increase the probability buying (Zviran, Glezer & Avni, 2005). Tools Proceedings of the Twenty-Sixth International Conference on Information Systems. It’s convenient for me because I don’t have to get out into the mix of traffic on the highway and I don’t have to fight the traffic inside the stores. New York: Farrar Straus & Giroux. Indeed, Internet shopping allows anyone with Internet access to buy and sell in a comfortable and efficient fashion. Farag, S., Weltevreden, J., Van Rietbergen, T. & Dijst, M. (2006). (2005). It is safe to assume that trusted vendors will gain more occasional and repetitive purchases compared to those who are perceived as less trustworthy. Also, according to Experian Simmons , more than half of all consumers are “informed consumers,” indicating they tend to gather information about products before purchasing online. (2005). As discussed in chapter 2, the research questions cannot be fully answered due to cultural differences other unique characteristics of Internet shopping. Prepared for the Texas A&M Conference The New Economy: How New? 1225112407 Therefore, the theoretical framework of this study is based on this theory. 5.3 Sources of Motivation for Internet Shopping. All academic papers are written from scratch by highly qualified research paper writers you can hire online. (2009). MBA SECTION-D Five studies found a significant positive impact,while the other two did not find any impact. Online shopping is a developing industry. Abstract 41-62. The survey was voluntary and anonymous. Not surprisingly, trust-enhancing “cues,” as many other factors in the virtual environment, are highly influenced from cultural aspects. Online Shopping continues to grow, and it seems like it won’t be slowing down anytime soon. Online Shopping Research Paper Wednesday, October 13, 2010. 543–59. The questionnaire used Likert scales to assess social attitudes (Jones 2007) to student mobile phone use and provided open ended responses for additional comments. User satisfaction from commercial web sites: The effect of design and use. INDEX design) and after (e.g. Third, and perhaps the major force behind the global consumption boom, “traditional” buyers differ from Internet shoppers by the latter’s efficient and comfortable manner of buying. Research Methodology The relationship of subjective norm, perceived usefulness and online shopping behavior while mediated by online shopping intention was investigated. Internet Retailer Top 500 Guide. Retrieved June 27, 2009 from This paper reveals that PE, PU, PEOU and PR significantly affect online shopping behavior of consumers. "Our research indicates that people who score high on extroversion and neuroticism are more at risk of developing shopping addiction. They cannot be used as your own paper, even a part of it. Financial Statements for Amazon.com, Inc. Retrieved June 26, 2009 from , Kim, D. J. Need of the study Introduction: However, this unique retailing medium has several distinctive problems, which add to the usual dilemmas in modern marketing management. Lynch, P. D., Kent, R. J. The study aims at identifying trends in consumer behavior during online shopping. Due to wide spread internet access by people and e-commerce usage by traders, online shopping has seen a massive growth in recent years. Introduction Online Shopping And Shopping 745 Words | 3 Pages. This section will describe some of them, focusing on the consumer-oriented view. press coverage), during (e.g. Virtual shops minimize to a large degree the need for holding multiple inventories, logistic centres, etc. Zhou, L., Dai, L. & Zhang, D. (2007). With the changing market scenario and economical growth, the demand for online shopping has increased. Premium I chose Online Shopping: benefits and hazards. Mobile phone, Imagine Entertainment, Paper 656  Words | Retrieved June 27, 2009 from However, cultural differences may be highly decisive, as inconsistent results from different countries may suggest (Farag, Weltevreden, Rietbergen, & Dijst, 2006). As of 2008, about 1.6 billion people, or 24% of the world population, are using the Internet; the Internet penetration rates in North America and Australia exceed 70 and 60 per cent, accordingly, while in Europe the rate is estimated to about 50% (Miniwatts Marketing Group, 2009). SUBMITTED BY Table 3 compares and contrast findings from two meta-analysis studies, which relate to demographic factors are determines for significant differences in online shopping patterns. Fulfillment of the Requirements for the Degree The global Internet shopper: Evidence from shopping tasks in twelve countries. There are mixed findings on the relationship between age and online shopping intention. The focus of the research conducted by the authors was not on online shopping specifically but rather on the attitude towards retail web sites but using the online shopping experience as an example, with an analysis of the resulting impact on the consumers. Special attention is put on Meta analysis studies, which provide a comprehensive overview and findings regarding the main consumer-oriented issues in the study of Internet shopping. Online shopping acceptance model – a critical survey of consumer factors in online shopping. Lyris Sponsors Internet Retailer 2009. Marketing Management (12ed). (2009). Abstract: In Partial Premium The World is Flat: A Brief History of the Twenty-first Century. place constraints) of traditional advertising methods, Online marketing research tools, the infinite flow of information and direct Business to Consumer (B2C) communication networks allow companies to collect valuable about trends, participants, prospects and intentions of competitors (e.g. “people who bought this product also bought…”) and direct CRM techniques such as email notifications and ”price-drop” alerts. Cognition-based trust determinants in e-commerce. As suggested by Mulpuru et al. Demographics (gender, age, income education and culture), Internet experience (WWW apprehensiveness, frequency of Internet usage and comfort with the Internet), Psychological perception (risk perception, benefit perception and WWW apprehensiveness), Online shopping experience (frequency on online purchases and satisfactory levels about past online transactions). Such promotion means include online auctions, up- and cross-selling techniques (e.g. The quantitative survey method was conducted by distributing the questionnaires to both the undergraduate and postgraduate students in one higher learning institution in Perlis, Malaysia. Generally speaking, this field of study can be divided into two main schools, namely the consumer-oriented and the technology-oriented views. This easily-accessible information includes, for example, users’ testimonials, product specifications, prices of different retailers and availability of alternative and/or complementary products and services. Online shopping is the process of purchasing of goods and services with the help of the Internet without leaving ones home. Research Papers On Online Shopping. Business Wire. Nonetheless, online shopping did not grow at similar rates. Special effort was put to use updated data, partially by conducting a “snowball search,” i.e. The payment methods depend on the abilities of the buyer and the seller as well as on domestic banking policies. Lynch, P. D., Kent, R. J. Review of the literature Online shopping is a growing area of technology. Online shopping attitude and behaviour are related to the consumer. New York: Farrar Straus & Giroux. Koter, P. & Keller, K. L. (2006). This section will present some of those trends and will focus on the factors that may indicate higher acceptance of online shopping as a substitute for other means of retailing. You can order a high-quality custom research paper on your topic from expert writers: EffectivePapers.com is a professional academic paper writing service committed to writing non-plagiarized custom research papers of top quality. 1225112407 Environment and Planning B: Planning and Design, 33, pp. Previous studied have focused on why the products of the online shopping is different from other products. Information & Management, 42(2), pp. Bachelor of Science in Economy Journal of Electronic Commerce Research, 8(1), pp. Literature derived reference models for the adoption of online shopping. Triplett, J. E. & Bosworth, B. P. (2002).‘Baumol’s Disease’ has been cured: IT and multifactor productivity in U.S. services Industries. Taking Amazon.com as a study case for the growth of consumers’ online shopping expenditure, Figure 3 illustrates the development of Amazon’s revenues between the years 2005-2008, in which the company’s revenues have grown by 125.7%. Education level produces mixed effects ranging from no effect to a positive effect on online shopping. Chang, M. K., Cheung, W. & Lai, S. V. (2004). The World is Flat: A Brief History of the Twenty-first Century. Buying behaviour and experience: how the process of Internet shopping is conducted? Second, there are almost no consumer goods that must be purchased within one’s geographical boundaries. Online shopping is a process whereby consumers directly buy goods, services etc. IB Class- 1 (2009). The purpose of this research paper is to create a model on the based on technology acceptance model in order to find the other factors that influence online shopping intentions. Author has ex amined 200 potential online c ustomers with respect to trust and innovation and their mentalities furthermore, expectations to shop online at specific sites. Electronic consumers exhibit different buying behaviors such as; cart abandonment. The IMRG Capgemini Index, which measures trends in electronic retailing, “has recorded growth of over 5,000% since it launched in April 2000 — while the ONS Retail Sales Index for high street sales has recorded growth of 21%” (Clark, 2009). Though online shopping is very common outside India, its growth in Indian Market, which is a large and strategic consumer market, is still not in line with the global market. Many studies have focused that the high touch products that the consumer feels when they need to touch, smell or try the product. Google Finance. 59-74. In the consumers’ level, shopping carts are comfortable means to collect different items without the need to pay for each one separately. In fact, Internet users from both sides of economic transactions have created a unique trade atmosphere, where buyers and sellers of all sizes can communicate so freely, that even extremely small businesses can engage in web-marketing. Furthermore, marketplaces such as eBay give everyone the opportunity to deliver some value to other users, hence making them small-scale or even one-time sellers. Segmentation: who are the Internet shoppers? & Srinivasan, S. S. (2001). The reason for choosing this topic is because I do a lot of online shopping. The checkout process may be rather long or extremely short, as in Amazon’s 1-Click ordering technology. That is, Internet shopping can be made at any time, from any place, and, with the aid of additional services such as credit card and home delivery, prevents many elements of what marketers define as consumer cost – additional efforts demanded from the consumer besides the payment itself (e.g. Just proceed with your order, and we will find the … Asst. 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