...Online Reviews: Do Consumers Use Them? Patrali Chatterjee, Rutgers University ABSTRACT The use of the WWW as a venue for voicing opinions, complaints and recommendations on products and firms has been widely reported in the popular media. However little is known how consumers use these reviews and if they subsequently have any influence on evaluations and purchase intentions of products and retailers. This study examines the effect of negative reviews on retailer evaluation and patronage intention given that the consumer has already made a product/brand decision. Our results indicate that the extent of WOM search depends on the consumer's reasons for choosing an online retailer. Further the influence of negative WOM information on perceived reliability of retailer and purchase intentions is determined largely by familiarity with the retailer and differs based on whether the retailer is a pure-Internet or clicks-and-mortar firm. Managerial implications for positioning strategies to minimize the effect of negative word-of-mouth have been discussed. Research on word of mouth (WOM) effects provides plenty of evidence that a satisfied customer may tell some people about his experience with a company, but a dissatisfied one will tell everybody he meets. Virtual communities with active members who provide evaluations and opinions on products and firms now provide a venue to tell the world and represent one of the fastest growing phenomena on the Web (Armstrong and Hagel 1996). It is...
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...| 一、简要流程 | | 1. 凭植入TPO 的托福课程的听课证号、身份证号和真实姓名登陆迅程TPO 网页; | | 2. 系统自动验证成功后即可看到“获得ETS 考试授权号authocode”链接,点击该链接后即可查看到自己的authcode(考试授权号); | | 3. 拿到authcode 后学生可以在家中任何时间进入ETS 的TPO 页面完成模考; | | 4. 进入ETS 的TPO 页面后的操作流程: | | (1)在主页面右下角‘If your employer or institution provided you with an authorization number, please enter it below’ | |框内输入TPO 授权号(注意:此授权号仅限单次使用,一旦输入进入注册,即视为使用),点击Submit; | | (2)进入注册页面,输入电子邮箱地址。如果之前已注册过TOEFL Practice Online 会员,则输入自己的密码;如果是第一次注册, | |请选取No,I am a new customer 选项。 点击Continue 进入下一页面; | | (3)点击Continue to the Practice Site 进入下一页面填写注册信息; | |...
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...Online Shopping vs. Traditional Shopping Wezley Singleton COM/155 Lee A. Fenstermaker III. Due Date: 22JUL2012 Online Shopping vs. Traditional Shopping As the years pass, technology seems to leap forward exponentially. The capabilities of the home computer have increased so much over the past few decades. Shopping is a ritual that every household in America practices. With the rise of the Internet, companies know the potential consumer base that awaits them. How did they tap into this consumer gold mine? By providing convenient shopping, where consumers can buy products with the click of a button. Online shopping is becoming a much more popular thing these days. With relatively new faces such as Amazon and eBay, and even old players like Wal-Mart and The Home Depot, online shopping is definitely an alternative to traditional shopping. But the question is, which one is more effective, both cost-wise and time-wise? This article will go over the benefits of online shopping vs. traditional shopping, so that you can make an informed decision when trying to decide where to shop. Online shopping, in most situations, is a much more cost and time effective way to shop for many products. It saves you time, money, and spares you of some stress. By the end of this essay, you will see why online shopping is clearly the best option when it comes to where you shop. Saving time is the point and goal of every piece of technology...
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...performed by Microsoft and Keller Fay Group. The study “Talk Track” was intended to measure the impact of the word of mouth both traditional and nontraditional forms. The research collected 24,724 interviews from participants ages 18-54 (Microsoft; Keller Fay Group, 2011). The study was self-reported with the participants using diaries to keep track of conversations concerning brands. Participants also completed online surveys that further detailed the word of mouth conversations. The independent variable in this experiment was the word of mouth, and the dependent variable was impact of the word of mouth on consumer brand values. The sample sizes of participants were: Adult Respondents 18-54 (Total Adults, n=24,724; MSN Audience, n=3,443; Yahoo! Audience, n=12,066; Facebook Audience, n=12,633; AOL Audience, n=3,228; Google Audience, n=13,067) (Microsoft; Keller Fay Group, 2011) The results of this research showed that the traditional word of mouth was a greater catalyst for buyer decision making. Despite the fact that participants were provided online...
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...Analysis of Effects of Source Credibility, Electronic Word-Of-Mouth, Website Quality, and Perceived Quality towards Buying Decision Yonatan Suganda, Wibawa Prasetya (Pembimbing) ABSTRAK Penelitian menjelaskan pengaruh electronic word-of-mouth, source credibility, website quality dan perceived quality terhadap buying decision. Metode penelitian yang telah dilakukan adalah metode kuantitatif. Analisis dilakukan dengan mengumpulkan data dari kuesioner dengan responden adalah konsumen Bhinneka.Com. Penelitian ini bersifat deskritif dan verikatif, sedangkan analisis berdasarkan pengolahan data menggunakan metode SEMdisertai implikasi teoritis dan implikasi manajerial. Perkembangan internet di Indonesia telah mendorong berkembangnya e-commerce di Indonesia. Menurut data yang dirilis biro riset Frost & Sullivan, bersama China, Indonesia menjadi negara dengan pertumbuhan pasar e-commerce terbesar di dunia dengan rata-rata pertumbuhan 17 persen tiap tahun. Melalui penelitian ini disimpulkan, bahwa variable electronic word-of-mouth dan variable perceived quality tidak berpengaruh terhadap buying decision. Variabel website quality dan variable source credibility mengukur hal yang sama sehingga membentuk variable baru yaitu variable website credibility yang berpengaruh signifikan terhadap buying decision. Penelitian ini juga menemukan bahwa variable perceived quality memiliki pengaruh negative terhadap buying decision Kata kunci: SEM, Confirmatory Factor Analysis, buying decision...
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...world of digitalization. Executive summary: Many marketers wonder about allocating marketing budgets to get the greatest return on advertising investment. This paper answers the question, if the investment in online advertising causes a decrease in popularity of TV advertising. It presents researches done to both online and TV advertising. The statistics speak strongly about the development of online advertising but there are also researches that show the positive impact of online world on the growth of TV channels. The big advantage of internet advertising is the possiblity of direct interaction with user. On the other side, television has a much greater impact on their publicity when it comes to brand advertising. The increase in online investments in fact did not cause a decrease in TV advertising investment and television is actually benefiting of the development of the digital world. Table of content: 1. Introduction………………………………………………………………….. 4 2. Less television in the era of digitalization…………………………………… 4 3. Innovation allows television thrive………………………………………….. 4 4. Power of online……………………………………………………………… 5 5.1. Modern word of mouth marketing……………………………………… 5 5.2. Shift of marketing spend from TV to online……………………………. 6 5. TV still on its leading position in advertising……………………………….. 6 6. Conclusion…………………………………………………………………… 8 1. Introduction Television is the medium that has proven itself most impactful...
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...ANELINA YASENOVA BAEVA ONLINE CONSUMER BEHAVIOR WEB EXPERIENCE ELEMENTS IN ONLINE CLOTHING MARKET September 2011 MASTER THESIS IN MARKETING ONLINE CONSUMER BEHAVIOR Web Experience Elements in Online Clothing Market Student: Anelina Yasenova Baeva Supervisor: Professor Doctor Arnaldo Fernandes Matos Coelho September, 2011 ONLINE CONSUMER BEHAVIOR – Web Experience Elements in Online Clothing Market Abstract Online shopping in EU has been shown to be a good potential market. Clothing represents a high percent of the individuals shopping. Buying clothes online gives customers the opportunity to find a great variety of products, customers can review a wide selection of products and find special offers with the best deals online. However, the tangible and intangible problems of clothing online shopping still exist and the online store retailers lack the customer knowledge in some extent. Therefore, the intention of the thesis is to explore customer behavior when purchasing clothing online through investigating the factors that can affect online consumer`s attitudes, intention and actual consumers` behavior. The study investigates the main web - experience factors that customer takes into consideration when purchasing clothes online. Yet, the most important online elements are categorized in two main groups: customer - oriented factors and technology - oriented factors. The autor used quantitave research in term of survey to analyze the consumer`s attitutes towards the web...
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...International Journal of E-Business Development (IJED) Attitudes toward Online Shopping: A Comparison of Online Consumers in China and the US * Department of Marketing, Howard University, 2600 6th Street, NW, Washington, DC 20059, USA Department of Marketing, The George Washington University, Funger 301D, 2201 G Street, NW, Washington DC, 20052, USA ^ Department of Marketing, Towson University, Stephens Hall 123, 8000 York Road, Towson, MD 21252, USA 1 gong.gw@gmail.com; 2maddox@gwu.edu; 3rstump@towson.edu market, one that is striving to transform its economy from being manufacturing-based to technology-based. The Chinese government has attached great importance to e-tailing in spurring economic growth and recently has released a series of policies to regularize and guide Internet and e-tailing development (6). Furthermore, China has overtaken Japan as the world's second-largest economy and is predicted to replace the US as the world's top economy in roughly a decade (12). Collectively, all of these factors bode well for an improving etailing environment in China. The focus of this study is to examine whether online consumers in China and the US share similar attitudes with regard to online shopping. While there is a wealth of research focusing on online shopping behaviour in Western countries, relatively little research has compared consumer attitudes toward online shopping across nations. Reflecting the call by Van Slyke, Belanger and Sridhar (13) for more cross-cultural...
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...anGo Market Analysis The goal of this market analysis is to determine the attractiveness of an online gaming market and to understand its evolving opportunities and threats as they relate to the strengths and weaknesses of CanGo. CanGo is a business that has developed in the last few years. Currently CanGo is facing two major challenges: 1) Getting a stable online gaming system up and running as soon as possible 2) Preparing for an anticipated record holiday season. Strengths: The base of CanGo is the difference between being successful, or failing with the new on-line gaming; some of their strengths are: 1) On-line gaming System project is likely to be quickest and easiest to implement. 2) An established online multimedia deliverable system. Opportunities: Globally online gaming is on the upswing and is seeing growth in many geographic regions throughout the world. In social, Where risk is low we must ignore these issues, and not be distracted by them because the return on the investment is consider high in this type of projects (on-line gaming system). One of the opportunities is that the Geographical market can cover many countries, therefore more users, for the on-line gaming project. Weaknesses: Lack of time to organize the project CanGo is trying to be ready for the near holiday season, and money/resources are in short supply. The management team appears to be unprepared and not very good leading their teams to success. To handle all of these...
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...OF FUTURE TECHNOLOGY is an e-learning center. They basically deal with i) Online prospectors ii) Online registrations iii) Online training iv) E-Certificate v) Online tutorials They have requested you to create a web site that will enable them to achieve their goal. Market the College to attract more students. Allow new entries to first years through on-line application and admission forms. Allow existing students in the college to register for the courses provided online Should be graphically inviting and easily navigable. Requirements : - Your website should: - ← Have a logo for the College. ← Create an on-line prospectus ← Create an on-line application form for new students. ← Create an on-line registration form and or admission form. ← Have tables for the courses offered and their fees ← Include relevant background colors or images. ← Make use of frames where applicable. ← Should have well organized links. Expectations: - i. Use all the elements you know to help you achieve your goals ii. Use any relevant graphics and animations which may be applicable to any particular solution you are providing to make your website attracting. iii. Be original and creative; remember the path least followed always leads to greater gains. iv. The student should be able to apply, register online. v. It should be easily navigable. Presentations will be held ONLY on 1st...
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...scope 8. Conclusion Social Networking A social network is a social structure made up of individuals (or organizations) called "nodes", which are tied (connected) by one or more specific types of interdependency, such as friendship, kinship, common interest, financial exchange, marketing communication etc. [pic] There are many SOCIAL NETWORKING SERVICES as online services platform, or site that focuses on building and reflecting of social networks or social relations among people, who, for example, share interests and/or activities. A social network service consists of a representation of each user (often a profile), his/her social links, and a variety of additional services. Most social network services are web-based and provide means for users to interact over the Internet, such as e-mail and instant messaging. Online community services are sometimes considered as a social network service, though in a broader sense, social network service usually means an individual-centred service whereas online community services are group-centred. Social networking sites allow users to share ideas, activities, events, and interests within their individual networks. The main types of social networking services are those that contain category places (such as former school year or classmates), means to connect with friends (usually with self-description pages), and a...
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...and Tables 1. Introduction 3 1.1 Aim 3 1.2 Background 3 1.3 Scope 4 1.4 Methodology 4 1.5 Plan 4 2. Findings and discussion 5 2.1 Overview of the problem 5 2.2 Causes 7 2.2.1 Behindhand internet security 7 2.2.2 Credit problem 8 2.2.3 Traditional ideas 10 3. Conclusion 12 4. Recommendations 13 4.1 Perfecting the internet security system 13 4.2 Improving the credit 13 4.3 Enhancing the education and advertising of e-business 14 List of Figures and Tables Table 1. The internet user growth rate from 2005 to 2008 5 Finger 1. Online payment user in 2008 6 Table 2. Malicious activity by country from 2008 to 2009 7 Figure 2. China’s e-business trust issues in 2006 9 Figure 3. The distribution of online payment users’ age 10 Figure 4. The distribution of population in China in 2007 11 1. Introduction 1.1 Aim The aim of this report is to investigate the causes of low development of e-business in China. The purpose is to provide recommendations to the Chinese Economic Research Centre and Chinese Government in order to improve this phenomenon. 1.2 Background Electronic business (E-business) is a new style of business model that is a commercial activity on the internet. In recent years, e-business is increasingly used. However, many problems also exist in e-business. This phenomenon...
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...What is BOA's motivation to offer mobile banking to its customers? What are the associated costs and risks to the bank? BA’s motivation is to offer mobile banking is to get more new customers and keep more existing customers. The bank wants to attract and retain customers to its bank buy offering them mobile banking services. The bank thinks that once a customer has their banking needs set up on their account such as mobile bill paying and other online transactions the customers will be less likely to transfer to another bank. The cost to the bank are about ten cents per transaction initially and then it will drop to about three or four cents per transaction when it is scaled. The cost to continue with the automated phone service is about thirteen cents per transaction and the cost of branch services are one dollar and thirty four cents per transaction. The risk to the bank are development costs which be between forty thousand and one hundrend thousand depending on how complex it is. Another ongoing risk is mobile and online security for...
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...is one of the largest online retailers in the world and was one of the first to sell goods over the internet. The effects of economic, cultural, trade environment and political and legal factors have varying influences upon Amazon’s international marketing mix. The economic impacts of market characteristics and competition are vital information for the growth of Amazon. Internet retailing industry will continue to see positive growth and expand. The online retailer industry sales increased by 14% compared to 2011 (Guardian, 2012). There has also been an increase in disposable income spent on online retailers over the last 5 years (Forbes, 2011). Both these market characteristics provide positive sign for potential market growth for Amazon and possibly indicate expansion in the future. There is a wide range of competition that Amazon faces from small companies such as dotcom businesses to larger ones such as EBay. First mover advantages is largely a function of technology, foresight and the ability to gain trade secrets ( Lieberman, 1988). A strong brand image and economies of scale in production are some of the positives as a result that Amazon has gained. There remains intense competitive rivalry, as search engines such as Google are becoming first choice for consumer when shopping on line. For Amazon, this increase in competition faced forces the business to expand its services to a broader market and strengthen its established markets. The online retailer industry is...
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...Technologies and online communities SCI105 Technologies and online communities What is the importance of social media in today’s society? How is it used and by whom? What would be the effect on society if social media were suddenly removed? Social media has gained importance by instantly connecting groups together to exchange thoughts and ideas on both current events and personal opinions. People can express their thoughts to anyone that chooses to log on and read what is posted. Given humans are social creatures this allows everyone to interact on a level that was previously unheard of and unimaginable. Nearly everybody has a Facebook account or follows Twitter and the numbers grow as more and more people gain comfort with the ability to converse online. It also allows a degree of anonymous contribution of thoughts and opinions that may not be otherwise accepted. In businesses, social media has allowed for transfer of information more rapidly and more widespread than previously available. Companies now are able to promote themselves more both within their area and outside the previous norm. In medicine for example, doctors can access information that they would have had to otherwise wait to be published in trade journals. This has been a boon to the medical community. Were social media to be removed, the effect on society would be one of immediate shock and similar to drug withdrawal. People have gotten hooked on the Internet and social media access very much like...
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