EXAMINING THE ANTECEDENTS OF CONSUMER BEHAVIOUR IN E-COMMERCE
DOI:
https://doi.org/10.55955/510002Keywords:
E-commerce, Consumer behavior, Threats, Consumer Trust, Customer SatisfactionAbstract
E-commerce is the practice of buying and selling goods or services through the internet, and it can take place among various parties. This paper examines the role of e-commerce in the current world and how it affects consumer behaviour and changes in purchasing patterns. Paper depicts the change in buying habits of the consumer and how the e-commerce has been dominantly replacing the traditional market. As e-commerce has developed, it has brought about a number of benefits for consumers, but it has also brought about a number of risks, this paper outlines these risks and discusses potential strategies for reducing them. A structured questionnaire was designed to understand how the consumer behavior is to understand how customer behavior is affected by elements like trust, security, consumer satisfaction, and risks of e-commerce. Primary data was collected from 295 people varying from different age groups, annual income, profession, gender and geographical area and convenience sampling technique was used to collect the data under the span of 45 days. The data indicate that there is a positive impact of e-commerce on consumer behaviour. E-commerce websites which offer more customer satisfaction, trust, and protection against e-commerce threats were able to draw in more customers. It was discovered that this industry has not yet been able to win over elderly customers, while those under 25 are the age group that purchases online the most. People choose to purchase more goods from the websites which has less history of fraud and are less vulnerable to the risks and threats associated with e-commerce. To attract customers, e-commerce employs marketing techniques including coupons, gifts, cashbacks, discounts, a broad selection of items, and home delivery. But any error from e-commerce end will replace satisfied customer switch back to traditional market. Also, the competitors are ready for overtaking one another. Consequently, trust and customer satisfaction are major asset for E-commerce to retain customer.
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