E-COMMERCE AND IT'S INFLUENCE IN CHANGING IN PURCHASING
BEHAVIOR OF MODERN CONSUMERS
In partial fulfillment of the requirements in the course
Marketing Research 1
Submitted by:
Gonzalvo, Grace,
Jamelarin, Carolyn,
Javelosa, Trisha Mae,
Laidan, Julian Moises,
Mendoza, Nikki Ann,
Ratilla, Joyce Ann,
Rayala, Christian,
Serenilla, Airene C.
Submitted to:
DR. FERDINAND J. PIANO
Research Professor
OCTOBER 2022
INTRODUCTION
JAMELARIN & SERENILLA
The term "e-commerce," also referred to as "electronic commerce"
or "internet commerce," describes the process of buying and selling goods or
services through the internet while transmitting funds and data. With an
optimized and well-developed website, you can't only achieve these
pretensions but also give your guests round the timepiece, accessible service,
which can help your business. Ecommerce offers businesses a wide range of
openings, from marketing openings to increasing your product's capacities to
generating further deals.
In the last few years since the announcement of the pandemic,
e-commerce has become the predominant. Online buying was already starting
to overtake traditional retail shopping as customers' preferred method of
shopping, and this trend further grew during the global pandemic. These
changes in shopping are being driven by developments in ecommerce.
Consumers no longer need to leave their homes to shop. Ecommerce has
totally changed the way that customers purchase by putting the shopping
experience at their fingertips on desktop and mobile devices. This article
explores the most significant ways that e-commerce has altered consumer
purchasing behavior. The ability for consumers to purchase whenever and
from anywhere has had the most impact on consumer purchasing behavior.
They are no longer restricted to purchasing within store hours. While it has
long been possible to do research and shop online, the availability of mobile
has elevated ecommerce to a new level because customers may utilize the
device at any stage of the sales cycle.
Consumer behavior today is characterized by independence.
Customers prefer to do their web research before choosing a product,
bypassing salespeople entirely. This implies that social media influencers with
large followings who work in the digital sphere can swiftly ascertain the brands
that their fans favor.
The evolution of sophisticated software and computerized hardware
over the past two decades has had an impact on how businesses operate in
today's fiercely competitive and complex global markets. Kotler and Armstrong
(2010) hold the opinion that companies initially started offering a brick and
mortar system in which customers were given the choice between going to the
store or making purchases online from the official websites of the company,
starting from traditional shops where consumers had to go physically for
making purchases. Kotler and Armstrong (2010) examined the rise of internet
enterprises without any sort of physical presence in the form of stores; Valvi
and West (2012) expanded on this. Not only has there been a change in how
businesses operate, but there has also been a change in how consumers look
for, evaluate, compare, and buy goods and services. Instead of physically
visiting businesses to examine things and make purchasing decisions as was
once the case, people can now explore, compare, and buy products online
from the comfort of their homes thanks to the present market.
(Jarvenpaa and Todd, 1996; Chang and Kannan, 2006) said, “These
studies examined the online behavior of consumers in numerous dimensions
and postulated perceptions behind online shopping behavior and attributes.”
Thus, (Park and Kim, 2003) discuss consumer information process styles and
online store layouts. Moreover, (Karahanna et al., 1999; Limayem et al., 2001;
Foucault and Scheufele, 2002) talked about behavioral and normative beliefs
about technology adoption. Furthermore, (Jarvenpaa et al., 1999; Akhlaq and
Ahmed, 2015; Haider and Nasir, 2016; Pappas, 2016) tackled risks related to
online shopping. Lastly, (Van der Heijden et al., 2003; Prashar et al., 2015)
said about technology-oriented factors affecting online purchase intention.
In general, past research' implications tended to fall into two
categories: (A) "product and shopping characteristics" that are
customer-specific, and (B) "technical attributes" that are the website- and
technology-specific. To get insights into how consumers behave when making
purchases online, no study to date has merged attributes of both the
"customer-specific" and "technology-specific" dimensions into a unified
framework. Thus, it's important to address the underpinning causes that may
impact consumers' opinions to make purchases online. Based on these
considerations, the current study suggests a thorough framework that takes
into account all the variables influencing consumers' online purchasing
decisions during the pandemic.
The Technology Acceptance Model (TAM) (Davis, 1989), which is an
extension of the Theory of Planned Behavior (TPB), serves as the theoretical
foundation for this study in this regard (Ajzen, 1985). As the current study
explores an online consumer's buying behavior, it tends to forecast how
consumers' perceived benefits, perceived ease of use, perceived enjoyment,
and social influence have an impact to shape consumers' intention and
behavior to make an online purchase.
REFERENCES:
ORIGINAL RESEARCH article:
Front. Psychol., (10 August 2022) Sec. Organizational Psychology
https://doi.org/10.3389/fpsyg.2022.919334
Edited by Abdul H. Pitafi, Sir Syed University of Engineering and Technology,
Pakistan https://www.frontiersin.org/articles/10.3389/fpsyg.2022.919334/full
CHANGED CONSUMER BEHAVIOUR
Written by ESW | Feb 15, 2022
https://esw.com/blog/how-ecommerce-has-changed-consumer-behaviour/
BACKGROUND OF THE STUDY
RAYALA & GONZALVO & RATILLA
This study shows the influencing power of E-commerce on the
buying behaviour and pattern of customers and how it has changed and
advanced. Over the last two decades E-commerce has advanced in such a
way that it has spread into almost the whole world. The rise of E-commerce
was seen as a great opportunity to enhance business and adapted by most of
the businesses. This adaptation brought revolution in the consumer buying
behavior and it has been observed that most of the people switched to online
shopping and the businesses have altered their strategies to advance their
marketing ways in order to increase their sales in this category. Mostly all the
electronic systems were made for one purpose i.e. to save time and be
efficient (Turban et al., 2002).
The main aim of businesses in adapting E-commerce is to provide ease to
people so that they won’t have to go to any physical stores and everything
comes in handy and they govern most of their purchases by their
fingertips. Most of the famous industries and firms are now made available on
the Internet as they have observed the demands of the consumers. Only
physical stores are not enough for the businesses now, their online presence
is equally valuable which also includes their official websites and the services
that they are capable of providing. Furthermore, E-commerce is a tool by
which the firms have the capability to save time and increase their profit
margin and by simplifying the purchase process a business can rise as more
advanced and revolutionized.
E-commerce has not only changed the purchasing pattern of the customers
but also their perception, perspective and attitudes in shopping. Even in the
area of health and digital technology. It is now an essential component which
demands a lot of focus by the businesses and to blend in and be prominent
and dominant in the social environment. Also, in the supply chain of company
and electronic data interchange it plays a significant role. This study shows
how e-commerce strengthens the communities and influences their
standpoints by introducing promotions, marketing methods, created value and
reliability. In this study, by attaining the outlooks of individuals, the extent of
effect of E-commerce would be identified upon consumers, stakeholders and
businesses. Delone and Mclean (2004) states that, the businesses invests so
much in E-commerce so it is necessary that the impact on consumers would
be at large. Grandon (2004) discusses the impact of E-commerce by stating
that it is a combination of business and electronic which aims at success and
requires additional management.
Consumers have grown accustomed to internet shopping and receiving
packages delivered to their home from anywhere in the world in recent years.
A social media campaign is defined as an integrated marketing approach that
uses more than two social media sites to reinforce or help a business's
purpose. According to Khan et al. (2020), campaigns frequently deviate from
standard social media metrics because of an increase in focusing, targeting,
and reviewing. A social media strategy, whether on Instagram or Facebook,
must, nevertheless, focus on a specific business goal. Consumer behavior
nowadays is characterized by autonomy. Consumers prefer to explore the
things they require online and choose the best option without contacting a
salesperson. This implies that social media influencers with a large following
may simply determine which items their followers use. Therefore, detailed
product information and improved service attracts more and more people who
have changed their consumer behavior from the traditional mode to rely on
internet shopping.
E-commerce refers to any sort of business or transaction that involves
the transmission of data through the Internet. It is a business technique that
allows companies to do transactions online. Businesses have established a
market presence as a result of e-commerce. Their present market position has
increased as a result of their ability to give great services at low prices.
E-commerce has improved the efficiency of the supply chain for products and
services. Every day, many individuals engage in e-commerce by purchasing
something online. Over the last few years, electronic commerce has risen in
popularity and profitability. Organizations are increasingly undertaking more
online operations and concentrating electronic sales. However, many
developing countries lag behind developed ones in terms of e-commerce
infrastructure. Because everyone in every country owns a Smartphone or a
tablet, e-commerce is becoming more popular and the growth of worldwide
e-commerce is bringing website happiness to customers. People are focusing
on numerous websites on social media in order to focus on new consumer
potential.
E-commerce influences customer purchasing behavior in a
variety of ways. E-commerce has a substantial influence on customer
behavior, according to the study. Customers now have more shopping
alternatives, and they are more convenient. Due to a lack of time, many
individuals choose to buy products and services online, which has boosted the
trend of online sales. Professionals and working individuals do not have time
to go to the market, therefore they obtain their needed services from their
home or workplace. They appreciate internet shopping because of its various
advantages.
APA REFERENCE:
Business Bliss Consultants FZE. (November 2018). Impact of E-Commerce on
Consumer Buying Behaviour. Retrieved from
https://ukdiss.com/examples/impact-e-commerce-consumer-buying-behaviour.
php?vref=1
Global Journal of Management and Business Studies. ISSN 2248-9878
Volume 3, Number 2 (2013), pp. 131-138
© Research India Publications
http://www.ripublication.com/gjmbs.htm
https://www.ripublication.com/gjmbs_spl/gjmbsv3n2spl_09.pdf
E-Commerce
Article Shared by Ruhaniika S
https://www.economicsdiscussion.net/business/e-commerce/31868
STATEMENT OF THE PROBLEM
MENDOZA & JAVELOSA & LAIDAN
STATEMENT OF THE PROBLEM
This study was conducted to determine the demographic profile of modern
consumers around the areas of Makati and Taguig City, and the influence of
E-Commerce in changing the purchasing behavior of those modern
consumers. Specifically, it sought answers to the following questions:
1.) What is the demographic profile of the modern consumers around the
areas of Makati and Taguig City in terms of the following:
1.1 Age
1.2 Gender
1.3 Occupation
1.4 Source of income
1.5 Purchase History
1.6 Favorite Online Store
2.) Did the modern customers in Makati and Taguig benefit from the usage of
E-commerce?
3.) Does E-commerce have some potential risks that could possibly cause an
inconvenience to the modern clients in Makati and Taguig?
4.) Did E-commerce affect the purchasing behaviors of the modern customers
in Makati and Taguig?
5.) Is there an extensive relationship between E-Commerce and the
purchasing behavior of the modern customers in Makati and Taguig?
6.) Do all the modern customers in Makati and Taguig have the same
purchasing behaviors?
7.) How does e-commerce rate its influence on changing buying behavior of
modern consumers?
8.) How E-Commerce changed the way consumers make their purchase
decisions?