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Customer Confusion in Online Shopping Adhiraj | Ashesh | Bhairavi | Inderjit | Prateek | Rakesh | Vishrut Group - 2

consumer confusion in e-commerce

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Customer Confusion in Online ShoppingAdhiraj | Ashesh | Bhairavi | Inderjit | Prateek | Rakesh | VishrutGroup - 2

AGENDAE-Commerce Industry on an upturnE-commerce Modes and EnablersDimensions and Consequences of Customer ConfusionPost purchase satisfactionResearch objectivesResearch Problem & VariablesResearch method, Sample Design and Data Collection

E-commerce-Industry on an upturn

E-commerce Modes and Enablers

Factors for Consumer Confusion

Conflicting reviews by past owners of productsLarge price variations across various websitesFrequent fluctuations occur in price of the productLarge number of alternative products availableReported features different for the same product across websitesShipping charges varying across websitesImages of the same product varying across websitesDiffering return policies across websites

Post purchase satisfaction

Post Purchase satisfaction is governed by the Quality of the product arrivedCustomer is not satisfied if the product arrived doesnt meet the description in the websiteCustomer is not satisfied if the website doesnt provide decent after sales serviceCustomer is not satisfied if he does not like the price he paid for the product

Research Objectives and Question

Research Problem & VariablesResearch Problem:Lack of sufficient data that deeply analyses the factors contributing to consumer confusion in online buying and the impact of consumer confusion on final purchase . Variables:Independent: Conflicting reviews, Price variations across websites, Price fluctuation on a website, Large Number of alternatives, Different features/Specifications, Different Shipping Charges, Non-uniform images, Conflicting return terms and conditionsDependent 1: Purchase DecisionDependent 2: Post Purchase satisfaction

Research method and Sample DesignSample:Age: 16-45 yearsProfession: Students, Corporate Employees, Self Employed, Home makersAll are e-commerce users

Questionnaire

Research Hypothesis-Purchase Decision

Hypothesis TestingCoefficientsStandard Errort StatP-valueLower 95%Upper 95%Lower 95.0%Upper 95.0%Intercept-0.703080.481116-1.461360.148328-1.66240.256234-1.66240.256234Conflicting Reviews0.1885490.0823472.2896880.0250150.0243540.3527440.0243540.352744Price Variation across websites0.2433580.0825562.9478130.0043280.0787470.407970.0787470.40797Price fluctuation on a website0.1894070.0733952.5806460.011930.0430610.3357540.0430610.335754Large variety0.0894580.0671461.332280.187029-0.044430.223344-0.044430.223344Conflicting Terms and Conditions0.0747550.0745951.0021410.319679-0.073980.223494-0.073980.223494Different shipping charges0.1271290.0721941.7609460.082553-0.016820.271079-0.016820.271079Non-uniform images0.0737380.0691341.0665990.289766-0.064110.211588-0.064110.211588Different features/specifications0.2257990.0692923.2586670.0017190.0876350.3639630.0876350.363963

CoefficientsStandard Errort StatP-valueLower 95%Upper 95%Lower 95.0%Upper 95.0%Intercept0.0605540.3608890.1677920.86719887-0.658370.779481-0.658370.779481Conflicting reviews0.2162030.0817322.6452640.0099386520.0533840.3790220.0533840.379022Price variation across websites0.3251860.0745194.3637884.02641E-050.1767360.4736360.1767360.473636Price fluctuation on a website0.1853770.0741352.5005430.0145837320.0376930.3330610.0376930.333061Different features/specifications0.2470260.0680393.6306780.0005140870.1114870.3825660.1114870.382566

Research Hypothesis-Post Purchase Satisfaction

CoefficientsStandard Errort StatP-valueLower 95%Upper 95%Lower 95.0%Upper 95.0%Intercept4.4153670.8004515.5160965.30222E-072.8193126.0114212.8193126.011421Conflicting Reviews0.081630.1370040.595820.553189994-0.191550.354808-0.191550.354808Price Variation across websites-0.392360.137351-2.856650.00561195-0.66623-0.11849-0.66623-0.11849Price fluctuation on a website-0.006650.122111-0.054470.956717585-0.250130.236831-0.250130.236831Larrge variety-0.018160.111714-0.162570.871319469-0.240910.204591-0.240910.204591Conflicting Terms and Conditions0.0576260.1241070.4643220.643837701-0.189840.305088-0.189840.305088Different shipping charges0.0491290.1201120.4090250.683752576-0.190370.288624-0.190370.288624Non-uniform images-0.120340.115021-1.046280.298980377-0.349690.109001-0.349690.109001Different features/specifications0.1953520.1152841.6945340.09454629-0.034520.425221-0.034520.425221

Hypothesis Testing

Conclusion

Referenceshttp://www.ey.com/Publication/vwLUAssets/Rebirth_of_e-Commerce_in_India/$FILE/EY_RE-BIRTH_OF_ECOMMERCE.pdfhttp://www.pwc.in/en_IN/in/assets/pdfs/publications/2015/ecommerce-in-india-accelerating-growth.pdfDimensions and consequences of customer e-confusion in online buying behaviour-Kurt Matzlera Sonja Bidmona Rita Faullanta Marliese Fladnitzera Martin WaigunybSPOILED FOR CHOICE: CONSUMER CONFUSION IN INTERNET-BASED MASS CUSTOMIZATION-Kurt Matzler*, Martin Waiguny**, Johann Fller*** Diagnosing Consumer Confusion and Sub-Optimal Shopping Effort: Theory and Mortgage-Market Evidence By Susan E. Woodward and Robert E. Hall