Online Consumer Behavior - E-Commerce - Lecture Slides, Slides of Fundamentals of E-Commerce

E-Commerce is a growing and dynamic field. It is of special concern for the IT students. Following are the fundamental aspects of these Lecture Slides : Online Consumer Behavior, Contributions, Web Science, Electronic Markets, Behaviordecision Making, Information Search, Perceptions, Technology Acceptance, Preferences, Purchasing Process

Typology: Slides

2012/2013

Uploaded on 07/30/2013

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Understanding What Consumers
Do Online
Contributions of consumer behavior
research to web science
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Understanding What Consumers

Do Online

Contributions of consumer behavior

research to web science

Online Consumer Behavior

Decision Making

Electronic Markets Bidding

Mind-set/Goals

Information Search

Technology Acceptance Model

Flow

E-Service Quality

Online trust

Purchasing Process

Privacy Concerns

Buyers vs.

Non-Buyers

Cross- Channel

Loyalty Shopping

Perceptions of online

advertising

Preferences

Consumer Behavior 2.

• Relationships

– With companies/products/brands

– Other consumers

– Technology

• Relationship Qualities

• Ending relationships: Defriending, Quitter

• Relationship outcomes

– Influence

– Empowerment

– Identity/Status (see Klout)

Friends with Benefits

• More than half of online shoppers who use

social media choose to engage with brands on

the sites by friending or following them.

• Most are friends with only a few companies.

• Reasons for Friending/Following:

64 62 35 30

0 10 20 30 40 50 60 70

Learn about specials, sales, etc. Learn about new… Entertainment Company culture, environmental…

% of Respondents

Trust in CGM Continued

I trust comments/materials posted by other travelers more than evaluations provided in formal travel reviews, articles, guidebooks…

I feel more comfortable basing my pleasure trip decisions on 1 review from someone I know and trust than on 100 reviews from strangers

% of Online Travelers Who Strongly/ Somewhat Agree

Trust in Marketers

How suspicious are you that marketers post positive comments/materials about their own product/service under the guise of being a consumer?

Extremely suspicious Very suspicious Somewhat suspicious Not too suspicious Not suspicious at all

Trust in Providers

CGM providers have effective mechanisms in place to

spot and eliminate false comments

Yes No

% of Online Travelers

Trust in Website Types

Personal Websites

Sharing Websites (Youtube, etc.)

Social Networking Sites

Personal Blogs

Tourism Bureau Website

Third Party (TripAdvisor, etc.)

Company Websites

Twitter

Travel Agency

% of Online Travelers Who Rate as Very or Extremely Credible

How would you rate the credibility of comments/materials posted on the following Websites?

Types of Companies Befriended

0,0% 20,0% 40,0% 60,0% 80,0%

Hotel Travel Agency Airline/rental car Attractions/theme park Museum Restaurant DMO Travel Community (TripAdvisor) Other

% of Facebook Users Who Befriended a Travel Company

What types of travel-related companies are you a fan of…?

Company Friendships

0,0% 20,0% 40,0% 60,0% 80,0%

Commented on a company post

Shared a post with others

"Liked" a post

Invited others to become fans

Downloaded an application

Posted something on the company wall

Participated in a discussion

% of Facebook Users Who Befriended a Travel Company

Have you done any of the following on the travel company fan page?

Internet Tribes

• Rituals, language, emotional bond

• RV travelers

Consumer Research

• Surveys, interviews, focus groups (offline &

online)

• Choice modeling

• Experiments

• Clickstream analysis

• Text mining

• Netnography

• Surveybots

• MRI

Deviant Behaviors

• Copyright infringements

• False identities (Catfish)

• Porn, drugs, student papers, university

degrees

• Stalking, Bullying – connected to purchase of

apps, devices, etc.

• Addiction