Free Essay

Survey M Commerce

In:

Submitted By divyawalia
Words 5623
Pages 23
A Report on
Customer Attitude Towards M‐Commerce in B2B
Submitted to
Ms. Priya S
Senior HR
Mydeals247
At
Mydeals247
Bangalore, Karnataka
Prepared by
Anumeha
PGDM 2014‐16
IIM Rohtak

Acknowledgement
I would like to express my heartfelt gratitude to all the employees of Mydeals247, who constantly made me feel at home, even though my training span was for only two months. I would also like to profusely thank all the members of the Business
Develpoment Team for being kind enough to answer my queries whenever I approached them. I would like to specially extend my thankfulness to Mr. Venu G.
Somineni for motivating us constantly during these two mots of internship. I would like to thank Mr. Panchseheel and Mr. Rafique for taking pains in helping me grasp the existing work processes and at the same time making the environment cheerful to learn in. I would also like to particularly mention Mr. Aneef and Ms. Anjali for being kind enough to always offer a helping hand and a cheerful smile. Last, but far from least, I would like to profusely thank Ms. Priya S, for offering his constant guidance and motivation which helped me complete this internship programme with a gain in knowledge and experience and in a timely manner.

Contents
E‐ Commerce Industry in India
Trends in B2B eCommerce
Concerned Challenges
Company Profile
Buyer and Seller Deal
Objective Of The Study
Scope Of The Study
Mydeals247 Mobile Application
Introduction
Approach To The Problem
Introduction 1
Approach to the problem
 RQ/Hypothesis/conceptual framework
Research Design
 Nature/design of research
 Data and Data collection tools
 Population and Sample
Fieldwork
Data Analysis, Results and Discussion
 Statistical analysis techniques
 Results R
Recommendations
Limitations and Caveats

Conclusion
Bibliography
Questionnaires

E‐ Commerce Industry in India
India is a country with booming economy, rapid growth of internet penetration, and a market of 1.2 billion. It’s also a place where consumers have a lot to gain from not going to the stores. A shopping trip can mean being packed into trains like sardines, navigating streets jammed with stalls and cow herds, or haggling with aggressive rickshaw drivers. The city centers are chaotic, and the contents of a shopping list are distributed over dozens of different stores or street stands. It seemed the perfect place to build a robust online economy. Current study shows that India will have 450
Mn smart phone users and close to 100 Mn 3G users by 2015. But we are still struggling with Infrastructure and bandwidth (High speed Internet).
Electronic commerce, commonly known as e‐commerce or eCommerce, is trading in products or services using computer networks, such as the Internet. eCommerce consists of three major categories
1. Business to Business (B2B) eCommerce: is growing at a rate of 30% per year without any fanfare.
2. Business to Consumer (B2C) eCommerce: is far behind B2B, but is growing at a rate of 60% per year and expected to catch up with B2B Commerce by 2015.
3. Consumer to Consumer (C2C) eCommerce: is still in a nascent stage, probably because of lack of trust among both buyers and sellers.
B2B eCommerce is on the rise and shifting at break‐neck speed. In the past, B2B companies relied on offline resources to drive sales efforts and influence buyer behaviour. Today, B2B customers are more tech savvy, using multiple digital channels to research and purchase. As buyer demographics shift, this trend will only pick up the pace.
There are about a dozen major players in the B2B scene in India. India’s top B2B
Websites are as follows:













mJunction.com
Indiamart.com
TradeIndia.com
India.Alibaba.com
Tatab2b.com
Made‐from‐India.com
B2B.Sulekha.com
ExportersIndia.com
India.TradeFord.com
JimTrade.com
IndiaTradeZone.com
Indiaexporters.com

Trends in B2B eCommerce
Global B2B is estimated at $1.25 trillion. The companies of USA had 42% of their sales through B2B eCommerce. The Indian eCommerce market will reach $6 billion in
2015 a 70 percent increase over 2014 revenue of $3.5 billion according to Gartner,
Inc.
B2B Commerce is undergoing radical and rapid transformation with more and more organisations learning from B2C and embracing electronic and now mobile commerce. A recent Forrester study estimates the B2B eCommerce trend has already revolutionized the way business is conducted in the developed countries and the trend will pick up in India over the next 1‐2 years. “Like B2C, many B2B organizations are establishing an online channel and they are now focusing on how to grow this channel to maximize revenue. The trend in fact is driven by an increasing focus on customer experience,” says the Forrester study.
Forrester believes that B2B eCommerce organizations must address three key trends in the coming years:




growing demand for B2C‐like B2B eCommerce experiences; increasing channel conflict between direct sales organizations and eCommerce operations; rising demand for scarce B2B eCommerce talent

Experts believe that the B2B eCommerce can certainly be successful in India because of the vital role B2C has been playing in the past few years. Likewise, many believe that the B2B eCommerce model is backed by the prior establishment of a strong B2C market. As opportunities are created, however, challenges arise as complexities of meeting the new obligations multiply. No place is this more true than in the payments arena, particularly as though B2B payments move to a global stage, as moving money across borders and currencies in a way that is secure, transparent and compliant is no easy feat, even in the age of online digital commerce.

Concerned Challenges
However B2B eCommerce, while on the surface similar to its flashier cousin B2C, suffers from a unique set of complexities. Apart from expecting B2C features (order entry, order history, technical support information and status) B2B customers also demand specialized characteristics such as different user roles and multiple input

points. Besides, the same supplier might have different catalogs, price lists, rules and discounts for different customers.
In turn, international B2B eCommerce has further challenges such as operating across different languages, cultures and legal, regulatory and logistical environments.
Some companies provide help in establishing in different markets.
Not always evident at first, but presenting an extreme challenge, is the way international payments are made. Since some financial institutions may decline transactions arising from high‐risk countries a firm wanting to enter those markets must consider alternative ways of facilitating payments.

Company Profile
MyDeals247 is the world's first real‐time marketplace (a patented solution). It is established in year 2010 by Mr. Venu G. Somineni. MyDeals247 is comprised of three dynamic business models:
A Real‐time Marketplace (Bargain Online): The entire process starts from the buyer's requirement. The buyer can choose the product and post the request online ‐ sellers are notified by the System instantaneously without disclosing the buyer's contact. Sellers do not have to maintain any inventory on the system ‐ all the product catalog is being provided by the system itself. Sellers who trade the product/item the buyer needs, make offers against the buyer’s request real‐time. System picks only the top 5 lowest offers from the sellers ‐ these offers are ranked by the lowest price in the market. Every seller is able to see the competitive offers from their immediate competitors (although the seller cannot see the respective competitor name directly). Also every seller can update their offers to beat their competitors real‐time.
Absolutely, it is a FREE subscription for both the buyers and sellers. There will be a transaction fee charged from the seller, only when the transaction is successful
(transaction fee depends on the category).
Paid Advertisements: MyDeals247 showcases the ADs based on the user's current preferences, location and interests. When the user clicks on any Ad (of personal interest), MyDeals247 showcases the questionnaire asking a couple of questions related the Advertiser's product or service or business ‐ if the user answers all the questions correctly for the first time, MyDeals247 charges the cost per potential lead from the Advertiser. If the user is not able to answer all the questions correctly,
Advertiser will not be charged at all. The advertiser can get in touch with all the users
(whoever answered all the questions correctly) and send the related offers
The cost for the "Pay Per Potential Lead" will be calculated by number of questions
Advertiser wants to ask the user:




For Rs. 10 per click, Advertiser can ask up to two questions.
For Rs. 15 per click, Advertiser can ask up to three questions.
For Rs. 20 per click, Advertiser can ask up to four questions.

Volume Deals: MyDeals247 introduces a unique approach to buy the products / services in volumes and share the same among friends and colleagues electronically.
The category list includes apparels, electronics, books, training programs, tickets for the events, and more. It is based on the concept of buy more save big.

Buyer and Seller Deal Buyer

Mydeals247

Seller

Letter Of Intent Letter Of Intent

Quotation Quotation Bank Comfort Letter Bank Comfort Letter Irrevocable Corporate

Purchase Oder

Irrevocable Corporate
Purchase Oder

Full Corporate Offer Full Corporate Offer

Non‐Disclosure
Agreement

Contract is sent by Mydeals 247 to Buyers and Sellers for signature Non‐Disclosure
Agreement

Non Circumvention Non‐
Disclosure Agreement

Non Circumvention Non‐
Disclosure Agreement

Modified Invoice Invoice

Mydeals247 act as an intermediary between buyers and sellers. It first searches for buyers, then gets the specific requirements from them and then finds the supplier

meeting the requirements. Mydeals247 first searches buyer because the number of sellers in the market are more than the number of suppliers.
Once, buyer gets agree to make a deal with a supplier following processes are involved. 1) Buyer has to send Letter Of Intent to Mydeals247 which is forwarded to

2)

3)

4)
5)

Supplier by Mydeals247. A letter of intent is a document outlining an agreement between two or more parties before the agreement is finalized.
The most common purposes of an LOI are to clarify the key points of a complex transaction for the convenience of the parties; to declare officially that the parties are currently negotiating, as in a merger or joint venture proposal; to provide safeguards in case a deal collapses during negotiation; to verify certain issues regarding payments done for someone else e.g. credit card payments.
Supplier sends Letter Of Quotation to Mydeals247 which is then forwarded to buyer by Mydeals247. A letter of quotation is any letter written in reference to the price of a service or product. This could range from a customer or client requesting or accepting a quote, to the supplier or service provider sending the quote amount.
Buyer sends Bank Comfort Letter and Irrevocable Corporate Purchase Order to Mydeals247 which is forwarded to Suppliers.
Bank Comfort Letter is a letter confirming that a line of credit has been secured from a financial institution or bank. The bank confirms that a person is eligible for a specified amount of borrowed funds to be used for a predetermined purpose.
A document similar to a letter of intent (LOI) used by companies to communicate their intent to enter into a transaction with a foreign‐based company and provide verification of purchasing terms, banking information, and company financials.
Suppliers send Full Corporate Offer to Mydeals247 which is forwarded to buyers. After that, Mydeals247 signs Non‐Disclosure Agreement and Non
Circumvention Non –Disclosure Agreement with Buyers and Sellers. A non‐ disclosure agreement (NDA), also known as a confidentiality agreement (CA), confidential disclosure agreement (CDA), proprietary information agreement
(PIA), or secrecy agreement (SA), is a legal contract between at least two parties that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes, but wish to

restrict access to or by third parties. It is a contract through which the parties agree not to disclose information covered by the agreement. An NDA creates a confidential relationship between the parties to protect any type of confidential and proprietary information or trade secrets. As such, an NDA protects non ‐ public business information. Non Circumvention Non –
Disclosure Agreement Instrument used in early stages of a business transaction arranged by brokers (intermediaries). Its purpose is to ensure that
(1) the intermediaries (who brought the buyer and seller together) are not by‐ passed and (2) the information disclosed during the negotiations is not revealed to any external or unauthorized party.
6) Supplier generates the invoice and then sends to Mydeals247. An invoice, bill or tab is a commercial document issued by a seller to a buyer, relating to a sale transaction and indicating the products, quantities, and agreed prices for products or services the seller had provided the buyer.
7) Mydeals247 modifies the invoice as per its margin and sends modified invoice to buyers. Modified Invoice means modifying the price after considering the margin of Mydeals247.

Objective Of The Study
The objectives of this study are as follows:
1) To understand the mobile application in B2B.
2) To understand the concepts of market research.
3) To understand the consumer behaviour towards m‐commerce in B2B segment. 4) To understand the factors which affect consumer attitude towards m‐ commerce in B2B market.

Scope Of The Study
The scope of the study includes:
1) Investigation of the Mydeals247 mobile application and providing recommendations for the improvement.
2) Interaction with the buyers, suppliers and intermediaries and understanding their preferences for making deals in B2B market.

3) Survey of buyers, suppliers and intermediaries in B2B to understand the factors which affect their attitude to use mobile as a new channel for their deals. 4) Providing suggestions to Mydeals247 for enhancing its mobile application based on the research.

Mydeals247 Mobile Application
Mydeals247 has launched its mobile application along with its website to increase its reach and penetration. It wants to reach Kirana store shopkeepers in rural areas also.
Currently, the application is running on iOS and android based mobile devices. It has included its huge product catalog in the application. It has all its three unique features to bargain online in real time; volume deals and paid advertisements. Some of the recommendations to improve the application are as follows:
1) While registering for buyer panel, register button is shown on the top right corner and there is a very big ‘Buyer’ label below the form. As a buyer, I will first try registering by clicking the buyer label instead of register button on top right corner. It would be better to put buyer label at the top –centre position.

2) As volume deals is clicked, the volume deal offers start getting displayed.
There is no filter option. There should be a search button option so that buyer can search whatever he/she wants.

3) Once the buyer request is posted, they don’t get any notification on screen that request has been posted. So the notification should be given once the request gets post.
4) On again posting the same request the message displayed is ‘request has already been posted’. I would suggest that the message should be changed to
‘the request has been posted. Do you want to post again as another request?’ because buyer might want to post another request.
5) Also the popup message window disappears before the user could read the whole message.
6) There is no option to cancel or edit the request once buyer posts the request.
7) On clicking, edit button on Profile, it is not giving option to edit address. So, buyer will not be able to edit the address field in profile.
8) The significance of settings button is not clear. I would suggest giving some description about the settings once it is clicked might be at the top of the page. 9) The rating of majority of the products shown for bargaining is 3.5 or 4.
Practically, it is impossible to have same rating for most of the products.
10) In hot categories, on clicking the first few categories like car accessories, footwear and products like organic foods we are getting the following page.
This does not give good impression.

11) On scrolling the categories, after clicking bargain online option on home page, the filter option disappears as we scroll down.

12) On direct searching any product on home page/dashboard, and selecting option from the drop down suggestions, the page directly navigates to post a request. Ideally, it should show some description about the selected product and there should be a button on that page to navigate to another page for posting the request.

Introduction
With the steady increase in mobile tech developments in recent years, many small businesses have made mobile commerce, or m‐commerce, a priority. Whether it's using a tablet in a brick‐and‐mortar store or enabling sales through a mobile website, businesses across a wide range of industries are seeking solutions to help them adapt to a mobile‐obsessed world. Retail industry is attracting customers through mobile channel and increasing its penetration. One of the major reasons behind the success of e‐commerce is that consumers can often make purchases straight from their mobile devices. It's no secret that tablets and smartphones have created a multitasking culture and made activities such as shopping easier with the advent of electronic payments. This is why, according to Internet Retailer, many companies involved in business‐to‐business transactions are taking a hard look at mobile integration. Approach To The Problem
Mobile commerce is a business model that allows a consumer to complete all steps of a transaction by using a mobile phone or personal digital assistant (PDA) rather than by going to a physical store or by voice. The rapid evolution of e‐Commerce alternative interaction channels like World Wide Web, Mobile Telephony and Digital
TV along with the continuously changing consumer behavioral patterns, have created a strong need for research tailored to the peculiarities and needs of the new channel
‐ mobile . Stimulated by these evolutions, this paper focuses on the investigation of consumer attitudes and behaviors against mobile commerce towards identifying the critical success factors for accelerating its usage in B2B market.
Based on the literature review and personally speaking to the persons and experts dealing in B2B segment following factors are considered: application functionality and design, perceived trust, perceived security and application portability.
Application Functionality and Design
The ease of use is one of the important parameters for customers to use any application. The mobile application should be user friendly. Customers should easily find their products, history and requests. There should be proper navigation among the pages. Customers prefer to visit the sites which are attractive and easily accessible. Research has also found that since a business has to prove its expertise

and give its target audience a reason to buy in; consumers tend to have a detailed description of specifications of the products.
Hypothesis: Application functionality and design has positive correlation with customer attitude towards m‐commerce.
Perceived Trust
Business buyers purchase products or services for use in their companies. In B2B‐ buying, the purchasing process is more complex. Decision making groups include members from technical, business, financial and operational departments depending on the type of purchase. The person selecting a product may not have authorization to purchase or may not have responsibility for making the final purchasing decision.
A large capital purchase, for example, may require authorization at board level.
B2B transactions require a more complex business system. Customers select products, place an order and arrange delivery through an agreed logistics channel.
Customers do not pay at the time of the order, but receive an invoice which they settle within agreed payment terms.
They are peculiar about the credibility of the buyers and suppliers. They need to assurance that they will be able to fulfil their promises which they have made with their own customers in terms of quality, quantity, physical and technical specifications and delivery.
The decision to purchase in B2B sales is generally driven by need and budgets therefore; it tends to be a very rational decision.
Hypothesis: Perceived trust has positive has positive correlation with customer attitude towards m‐commerce.
Perceived Security
Strong emotions affect human decision making process. Most consumers know what happens when their information is compromised. When major security incidents take place, the news is made public and organization suffers loss of reputation. It causes fear among online shoppers as well as mobile shoppers. With cyber criminals now targeting mobile devices, securing smartphones is more important than ever.
Therefore, consumer’s belief that they are doing a secure electronic transaction is vital for the sustained progress and development of m‐ commerce.(vol5no2_8)

Hypothesis: Consumer’s perceived security level has positive correlation with customer attitude towards m‐commerce.
Portability
Portability is the ease with which an application can be operated on different operating systems. One of the most significant attribute of m‐ commerce is the access from anywhere anytime. With time consumer changes and preferences tend to change; they may shift from one mobile device to another which might have different operating system. Consumers also like consistency. They demand their data to be saved in their account irrespective of the device used.
Hypothesis: Portability has positive correlation with customer attitude towards m‐ commerce. Conceptual framework

Application Functionality and

Perceived Trust

Customer Attitude

Perceived Security

Portability

Research Design
Nature/design of research
A research design is a framework or blueprint for conducting the marketing research project. Here, I have used exploratory as well as conclusive research. I have used exploratory research to get insights into and an understanding of the confronted problem. It helped me to define the problem more precisely and identify the relevant courses of action. After getting a brief idea, exploratory research is followed by a conclusive research. It helped me to determine, evaluate and select the best course of action to take in this situation. Here, I have tried to found out that application functionality and design, perceived trust, perceived security and application portability will help in an increase in the use of mobile for transactions in B2B. Data and Data collection tools
Qualitative and quantitative both types of data are collected for the purpose of analysis. The various types of data collection tools used are as follows:
Interview: An interview has been conducted with buyers, sellers, experts and third parties. I discussed about how deals are done in B2B segment. I discussed about what are the current channels used by them to contact each other. We found out that buyers are not easily available to suppliers.
Focus Groups: I met to 7 to 8 groups of buyers and discussed about what are their expectations from suppliers. Would they prefer to use mobile applications to make their deals with suppliers.
Surveys: Surveys are conducted with the help of questionnaires. They are mailed to buyers, suppliers and third parties with a request to fill them. I have used the five‐ point Likert scale such that 1 corresponds to unfavorable, 2 corresponds to slightly unfavorable, 3 corresponds to Neutral, 4 corresponds to slightly favorable, 5 corresponds to favorable; to measure application functionality and design, perceived trust, perceived security and portability. For measuring customer attitude I have used yes/no questions.
Population and Sample
The population of this study is composed of all buyers, intermediaries and sellers dealing in B2B market. The sampling frame consists of buyers, sellers and personnels involved in making deals at Mydeals247. Random sampling has been used to collect

data from a convenience sample of buyers, sellers and personnels involved in making deals at Mydeals. Sample size is 141.
Fieldwork
Initially I have done meetings with the owner and business heads of Mydeals247 and done meeting with buyers and suppliers. When the problem identification has been done I have formed a questionnaire and emailed to the buyers, suppliers and intermediaries. I have adopted random sampling approach. The population of the survey was more than 18 years of age and gender diversity was also taken into account. The population of this study is composed of all buyers, intermediaries and sellers dealing in B2B market. The sampling frame consists of buyers, sellers and personnels involved in making deals at Mydeals247. Sample size is 141. I have also rejected the surveys which were filled into haste or monotonously filled. Data Analysis, Results and Discussion
Statistical analysis techniques
Descriptive Statistics: The mean score and standard deviation of application functionality and design are 4.235816 and 0.72566 respectively. The mean score and standard deviation of perceived trust are 3.287234 and 0.848284 respectively. The mean score and standard deviation of perceived security are 3.465721 and 0.937643 respectively. The mean score and standard deviation of portability are 3.93617 and
0.646007 respectively. The mean score and standard deviation of customer attitude are 0.765957 and 0.351289 respectively.
Result
Data is collected by conducting survey and regression is performed with the help of
SPSS to study the impact of application functionality and design, perceived trust, perceived security and portability on customer attitude towards m‐commerce. The results are as follows:

Variables Entered/Removeda
Mod
el

Variables
Entered

Variables
Removed

Method

1

Z, V, Y, Xb

.

Enter

a. Dependent Variable: U
b. All requested variables entered. Model Summary
Mod
el

R

R
Square

Adjusted R Std. Error of
Square
the
Estimate

1

.839a

.705

.696

.1937

a. Predictors: (Constant), Z, V, Y, X
Interpretation:
Since, the ‘R’ (Multiple correlation coefficients) .839 is > .150, we can say that the given data fit the model. ANOVAa
Model

Sum
Squares

of df

Mean Square F

Sig.
.000b

Regression

4

3.043

Residual

5.105

136

.038

Total

1

12.172

17.277

140

a. Dependent Variable: U

81.064

b. Predictors: (Constant), Z, V, Y, X
Interpretation:
F‐value tests the null hypothesis that all of the regression coefficients are equal to zero. Since, F‐ value is 81.064, null hypothesis is rejected. It implies that a linear relationship exists between the dependent and independent variables. It is significant at 1% (Sig. value is .000, less than .01) Coefficientsa
Model

Unstandardized
Coefficients
B

Sig.

Std. Error Beta

(Constan .063
t)

.156

V

.045

.026

X

.059

Y
Z

1

Standardize t d Coefficients

.402

.689

.094

1.770

.079

.035

.142

1.700

.091

.317

.024

.847

13.446 .000

‐.199

.039

‐.366

‐5.045

.000

a. Dependent Variable: U Interpretation:
 Application Functionality and Design (V) has a positive impact on Customer
Attitude (U) because beta – value is .094 and it is significant at 10% (Sig. value is .079, less than .1). The confidence level is 90%. Hence, alternate hypothesis is accepted.
 Perceived Trust (X) has a positive impact on Customer Attitude (U) because beta –value is .142 and it is significant at 10% (Sig. value is .091, less than .10).
The confidence level is 90%. Hence, alternate hypothesis is accepted.
 Perceived Security (Y) has a positive impact on Customer Attitude (U) because beta –value is .847 and it is significant at 1% (Sig. value is .000, less than .01).
The confidence level is 99%. Hence, alternate hypothesis is accepted.

 Portability (Z) has a negative impact on Customer Attitude (U) because beta – value is ‐.366. Therefore, Portability is not related to Customer Attitude and alternate hypothesis is rejected.

Recommendations
In my research, I have found out that application functionality and design; perceived trust and perceived security have positive impact on customer attitude towards m‐ commerce. Hence, the recommendations are as follows:
1) Application functionality and design: Since it has positive impact on customer attitude it should be enhanced. Some ways to do so are:  User friendly interface.
 There should be easy navigation among the screens.
 Number of clicks required for any information should kept as minimum as possible.
 Application should be error free.
 The look and feel of the application needs to be improved.
 Highly detailed description of products should be provided.
 Application should always be accessible. 2) Perceived trust: Since, it has a positive correlation with customer attitude; following steps should be taken to increase the perceived trust among the buyers and suppliers.  Application should be made reliable.
 Credibility of buyers and suppliers needs to be maintained.
 There should be on time delivery of products meeting the buyers requirements.  There should be no delay in payments. 3) Perceived Security: Perceived Security level by the customers also has positive impact on their attitudes. Certain ways to increase the perceived security level are as follows:
 Information should not be lost during a session.
 The personal information of buyers and sellers should not be shared prior to their permission.
 Their bank details should be kept secure and confidential.
 Proper mechanisms should be installed to avoid cyber crimes.

Limitations and Caveats
I have performed exploratory cum conclusive research. On carrying out this research
I have taken a data of 140 users with the help of random sampling. There are certain limitations to research as follows:
 The sample that I have taken is of 140 users which is small in size as compared to the population size.
 Random sampling technique has been used so sample might not be proper representation of population.
 Respondents are reluctant for their feedbacks & opinions, and authenticity of their statements can’t be verified too.
 All the observation and recommendation will be made on the feedback obtained from survey.
 There is continuous change in technology and consumer behaviour.
 The research is only valid for small amount of time which is generally 3 months so after that the relevance of data would not be much authentic.

Conclusion
Advancement in technology is accompanied by change in consumer behaviour pattern. With the advent of internet and mobile, they are showing a shift in their attitude and increasingly showing a preference in B2B buying and selling moving towards ecommerce. One of the reasons that e‐commerce is so effective is that consumers can often make purchases straight from their mobile devices. Hence, mcommerce is becoming a new trend.
Mydeals being real time market place in B2B ecommerce domain, should focus on mcommerce. As per the analysis, it should focus on enhancing application functionality and design, perceived trust and perceived security level to boost the sales through mobile channel.

Bibliography
 http://www.gartner.com/newsroom/id/2876517
 https://ecommerceone.wordpress.com/2015/01/02/b2b‐ecommerce‐in‐ india‐and‐their‐growing‐trends/  http://smallbusiness.chron.com/differences‐between‐b2c‐b2b‐business‐ systems‐39922.html  http://www.mymarketingdept.com/comparing‐b2b‐versus‐b2c‐marketing
 http://pioneerjournal.in/conferences/tech‐knowledge/15th‐national‐ confernce/3918‐key‐drivers‐of‐mobile‐commerce‐an‐exploratory‐study.html  Niranjanamurthy M, Kavyashree N, Mr. S Jagannath, Dr. Dharamendra Chahar;
Analysis of E‐Commerce and M‐Commerce: Advantages, Limitations and
Security Issues; International Journal Of Advanced Research in Computer and
Communication Engineering; Vol. 2; Issue 6; June 2013
 Zakaria I. Saleh, 2 Ahmad Mashhour; Consumer Attitude towards M‐
Commerce: The Perceived Level of Security and the Role of Trust; Journal of
Emerging Trends in Computing and Information Sciences; Vol. 5, No. 2
February 2014

Questionnaire
1) Do you deal in B2B market?
Yes
No 2) Do you have a smartphone?
Yes
No 3) Do you perform online transactions through mobile apps?
Yes
No 4) Please rate the following statements on a scale of 1 to 5:
a) Application should be user friendly ( Strongly Agree, Agree, Neutral;,
Disagree, Strongly Disagree)
b) I believe that application should always be accessible. (Strongly Agree,
Agree, Neutral, Disagree, Strongly Disagree)
c) The look and feel of the application matters to me. (Strongly Agree, Agree,
Neutral, Disagree, Strongly Disagree)
d) Highly detailed content is required for B2B marketing. (Strongly Agree,
Agree, Neutral, Disagree, Strongly Disagree) 5) Please rate the following statements on a scale of 1 to 5:
a) Appearance of the application does not matter to me. (Strongly Agree,
Agree, Neutral;, Disagree, Strongly Disagree)
b) Accessibility of the application is not important. (Strongly Agree, Agree,
Neutral, Disagree, Strongly Disagree)
c) Application should not be easy to navigate (Strongly Agree, Agree,
Neutral, Disagree, Strongly Disagree) 6) Please rate the following statements on a scale of 1 to 5:
a) Mobile Commerce is reliable. (Strongly Agree, Agree, Neutral, Disagree,
Strongly Disagree)
b) I believe the credibility of the buyers/suppliers. (Strongly Agree, Agree,
Neutral, Disagree, Strongly Disagree)

c) I trust that I can place bulk orders through mobile Apps. (Strongly Agree,
Agree, Neutral, Disagree, Strongly Disagree)
d) I believe that m‐commerce helps me to keep the promise that I make to business. (Strongly Agree, Agree, Neutral, Disagree, Strongly Disagree) 7) Please rate the following statements on a scale of 1 to 5:
a) Mobile Commerce is fraud. (Strongly Agree, Agree, Neutral, Disagree,
Strongly Disagree)
b) I believe that I fail in business if I do transactions on m‐ commerce.
(Strongly Agree, Agree, Neutral, Disagree, Strongly Disagree)

8) Please rate the following statements on a scale of 1 to 5:
a) I believe my information will not be lost during a session. (Strongly Agree,
Agree, Neutral, Disagree, Strongly Disagree)
b) I believe my personal information will not be shared prior to my permission. (Strongly Agree, Agree, Neutral, Disagree, Strongly Disagree)
c) I believe that my bank details will be kept confidential. (Strongly Agree,
Agree, Neutral, Disagree, Strongly Disagree)

9) Please rate the following statements on a scale of 1 to 5:
a) Portability of the application matters to me. (Strongly Agree, Agree,
Neutral, Disagree, Strongly Disagree)
b) Consistency of the application across platforms and touch points is important to me. (Strongly Agree, Agree, Neutral, Disagree, Strongly
Disagree)

10) Would you recommend m‐commerce to others?
Yes
No 11) Would you prefer m commerce to e commerce?
Yes
No 12) What is your age?

50 13) What is your qualification?
Higher Secondary School.
Senior secondary School
Graduation
Post Graduation
Ph. D.
Others

14) Gender :
Male
Female 15) Income level:
50 L PA 16) Role: Buyer Supplier Third Party

Similar Documents

Free Essay

Business Research Methodology

...London school of commerce | Business Research Methodology | BABS: Semester 4 | | Mashrur Sadmaan Hasan ID: 0023MSOT0613 | Dec-2013 | bKash Customer Satisfaction Research Methodology Abstract My research is about customer satisfaction of “cash in” and “cash out” services of bKash. I will talk about the usefulness of M-commerce by bKash and its success in Bangladesh for people with low income. For this, I will make a survey of 60 bKash customers and form 11 hypothesis’s about this. My model will show how each aspect of bKash’s services affects customer satisfaction. Using the research I will find if customers of bKash are satisfied and how bKash can improve its services. Introduction Many new kinds of business’s have emerged due to widespread use of cell phones. The number of cell phone users in Bangladesh is increasing and therefore these kind of business’s are booming. Different kinds of services are offered by mobile banking such as balance check, transfer of funds, bill payments, cash withdrawal services. bKash offers mobile banking services around Bangladesh via agents. This service was introduced in Bangladesh by BRAC bank and Money in motion. The 3 things necessary to run business by financial institutions are gaining trust, balancing safety with choice and increasing transparency. Today, business’ are building trust of consumers through advertising and providing consumers with good service. This service is spreading...

Words: 1762 - Pages: 8

Free Essay

Markting Based Smart Phone

...Rettie, Brum COTIM-2001 Proceedings From E-Commerce to M-Commerce Editors: R .R. Dholakia, L. Kolbe, A. Venkatesh, & P. Zoche Kingston, RI: RITIM, University of Rhode Island, 2001. ISBN: 0-965440-2-6 M-COMMERCE: THE ROLE OF SMS TEXT MESSAGES Ruth Rettie, School of Marketing, Kingston University, United Kingdom Matthew Brum, MBA student, Kingston University, United Kingdom Email contact: R.Rettie@Kingston.ac.uk ABSTRACT This paper explores the marketing role of SMS text messages. While Internet based m-commerce has been disappointing, commercial applications for SMS are developing rapidly. The conceptual framework compares SMS to telemarketing and email marketing, and describes the key features of this new medium. Five distinct SMS business models are identified and discussed. We used quantitative research among mobile users to assess attitudes to SMS marketing. Most respondents were concerned about junk messages and wanted to control incoming messages. Initial attitudes to advertising in text messages were negative, but many were prepared to accept advertising in exchange for discounts or promotional offers. INTRODUCTION The development of Internet based m-commerce has been disappointing: restricted sites, slow download, small screens, and the limited number of handsets, currently constrain commercial development. At the same time companies are beginning to recognize the potential of SMS (Short Message Service) text messages, as a low cost, high impact ...

Words: 3717 - Pages: 15

Premium Essay

Nternational Journal of Engineering Research & Technology

...Method for M-Commerce Sukhjit Kaur Post Graduate,RIMT Institutes Mandi Gobindgarh (PB) –147301 Anuj Kumar Gupta Associate Professor,RIMT Institute of Engg. & Technology Mandi Gobindgarh (PB) - 147301 Abstract Technological advances in mobile phones (e.g. Smartphones) have also made it possible to carry out ecommerce via mobile phones (m-commerce). Mcommerce involves the use of mobile devices such as mobile phones and PDA’s in carrying out electronic transactions.Just like e-commerce, the security of mcommerce applications is critical, especially when it involves applications that deal with user sensitive data such as credit cards details, medical details etc. Authentication and secure payment is a major security issue when it comes to carrying out mobile financial transactions remotely.However, the security issues that arise with the growth in this field cannot be neglected. For example, how does one ensure that participants in an m-commerce transaction are who they claim to be (authentication)? Also, how does one support secure financial transactions in m-commerce businesses? Credit card fraud is identity theft in its most simple form. It can happen when your pre-approved credit card offers fall into the wrong hands. Acc to survey,The Federal Trade Commission estimates that 10 million people are victimized by credit card theft each year.The objective of this research work is to propose a secure platform-independent authentication and payment method for m-commerce applications...

Words: 1390 - Pages: 6

Premium Essay

Ecommerce and Mcommerce

...Girnar (FT174072) E-commerce is any form of economic activity that is conducted via electronic medium. M-commerce is a subset of E-commerce. Consumers can choose different devices to shop online. The devices are personal computers, laptops, mobile phones, tablets etc. There is a huge increase in number of mobile phones in India and this is expected to be leveraged by the E-commerce industry. There are more than 286 million debit cards in India and additional security (via security codes) enhances the scope of Ecommerce (Deshmukh, Sujata, & Deshmukh, Prashant, & Thampi, G. T 2013). Initial consumers prefer to shop those goods which don’t have touch and feel factor, but this trend is gradually changing. Customer satisfaction depends on information quality and service quality (Joshi, Priyanka 2015). There are some challenges in m-commerce. Small screens and sparse internet connectivity are some of them .One set of researcher looks at how M Commerce should be adopted. There are articles like "Effective optimization of Web Sites for Mobile access" which talks about technical problems that occurred while introducing E Commerce website over mobile phone screen. (Marci Troutman, Steve Timpson, 2008). Further researchers talked about who are the first adopters of E Commerce mobile applications and their patterns. When M Commerce was introduced the initial users were mostly web users. (Liren Einav, Igor Popov and Neel Sundaresan 2012). E-commerce consumer behaviour has...

Words: 712 - Pages: 3

Premium Essay

Coca Cola

...The Current Status and Future Prospects of the Third Party Logistics Industry in North America: The 2015 3PL CEO Survey Dr. Robert C. Lieb Professor of Supply Chain Management D’Amore-McKim School of Business Northeastern University Boston, MA Dr. Kristin J. Lieb Associate Professor of Marketing Communications Emerson College Boston, MA January 2016 The Current Status and Future Prospects of the Third Party Logistics Industry in North America: The 2015 3PL CEO Survey This paper is based upon a 2015 survey of the CEOs of 15 of the largest thirdparty logistics companies serving the North American marketplace. The survey was the 22nd iteration of this annual study, and it addressed such topics as the major dynamics driving change in that marketplace and the opportunities and problems facing 3PLs in that region. It also focused on such issues as the recent wave of largescale mergers and acquisitions in the 3PL industry, shipper and 3PL problems related to labor problems at West Coast ports, E-commerce marketplace dynamics and their impact on 3PLs, Amazon’s continued expansion into logistics services and the possibility of Uber offering 3PL-like services. The CEOs also provided one-and three-year forecasts of company and regional 3PL industry revenue growth, while identifying the major changes they believed would occur in the regional 3PL industry during the next year. The implications...

Words: 5343 - Pages: 22

Premium Essay

Ecommerce

...Preference And Need Jana Katzenberger, Marc Matthias, Nguyen Thi Phuong Thuy, Nguyen Viet Tu, Tu Chia Chun National Kaohsiung First University of Science and Technology Abstract Mobile Commerce, also known as M-Commerce, is the ability to conduct commerce using a mobile device, such as a mobile phone, a Personal Digital Assistant (PDA), a smartphone, or other emerging mobile equipment such as dashtop mobile devices. With the growth in usage of Internet-enabled mobile phone, the foundations for mobile commerce are now in place. We know that mobile will play an increasingly significant role in customer acquisition and retention across all channels in the years to come. Consumers are now willing to make purchases through their mobile phones, so the opportunity now exists for all website owner and retailers in particular that can offer a usable and compelling online and retail experience for mobile users. Consumers are now willing to make purchases through their mobile phones, so the opportunity now exists for all website owner and retailers in particular that can offer a usable and compelling online and retail experience for mobile users. In this paper, the participants were fifty students from National Kaohsiung First University of Science and Technology, there were twelve questions in this survey, including attitude toward usage of smartphones, habit of download application and disbursement capability. From the result we could see most of the people still tend to download free applications...

Words: 1811 - Pages: 8

Free Essay

Venquest

...Entrepreneurship         Individual  Assignment:  Case  Analysis       Lecturer:  Prof.  Dr.  Mohd.  Hassan  Mohd.   Osman     Prepared  by:   Mohammad  Pazyar   Matric:  MR111216                     Spring  2014   VendQuest  (A):  The  Business  Idea     Introduction   Obviously   as   it   appears,   there’s   a   unique   e-­‐commerce   solution   is   made   up   by   Conti.   To   make   a   pragmatic   decision   whether   or   not   he   should   commence   on   his   business,  a  visionary  analysis  seems  inevitable.  It  seemingly  seems  very  crucial   to   have   a   SWAT   analysis   table   first   to   best   categorize   the   strengths,   Weaknesses,   opportunities  and  threats.  Accordingly,  it’s  needed  to  go  over  each  of  them  and   conclude  on  the  case  if  it’s  feasible  for  him  or  not  to  start  up  his  venture.     SAWT  Analysis  Table:  (based  on  the  facts  in  the  case)       Strengths     • Strong  background  in  both  construction  and   equipment  management...

Words: 1315 - Pages: 6

Premium Essay

Project Works

...fulfillment of B.com Degree Programme (CCSS 2009 Admission) By ABDUL SHAMEER. P AZAJBCM018 DEPARTMENT OF COMMERCE AMAL COLLEGE OF ADVANCED STUDIES, NILAMBUR 2012 DEPARTMETN OF COMMERCE AMAL COLLEGE OF ADVANCED STUDIES MYLADI, ERANHIMANGAD PO, NILAMBUR 679393 Certificate This is to certify that Mr. Abdul Shameer. P (Reg No AZAJBCM018), a student of sixth semester B.com Degree Programme has undertaken a project survey on Customer satisfaction towards Honda Activa under the supervision of Mr Abbas Vattoli, Assistant Professor, Department of Commerce, Amal College Nilambur from 12/12/2011 to 05/03/2012. The project work entitled “CUSTOMERS SATISFACTION TOWARDS HONDA ACTIVA -A STUDY WITH SPECIAL REFERENCE TO NILAMBUR” embodies the original work done by Mr Abdul shameer P during his above project period During the period his conduct was good and we wish him all success for his promising future. For Department of Commerce Dhanya. KA HOD of Commerce Amal College of Advanced Studies, Nilambur ACKNOWLEDGEMENT This Project Report entitled “CUSTOMERS SATISFACTION TOWARDS HONDA ACTIVA -A STUDY WITH SPECIAL REFERENCE TO NILAMBUR” has been prepared by me and I had under taken project survey under the supervision of Mr Abbas vattoli, Assistant Professor, Department of Commerce, Amal College of Advanced Studies, Nilambur for a period starting from 12/12/2011 to 05/03/2012. I am immensely greatful...

Words: 1005 - Pages: 5

Premium Essay

Wal-Mart Mis Strategy

...evolving and constantly changing their operating models. An example of such organization is Wal-Mart, the global retail giant. This research seeks to pin-point Wal-Mart’s key management information system strategy, while providing a deeper understanding of the organization’s management information systems strategy and its impacts. Further it aims to investigate knowledge management, e-commerce strategy, and the impact of database management which are aspects that can be incorporated into the MIS strategy formulation. To achieve this objective the literature survey was conducted to explore available published papers in the sphere of IS/IT strategy formulation. Considering that the applicability of information systems and technology is mission critical, the research design focused on the qualitative approach. The primary method of data collection was through semi-structured interviews with managers and co-managers. This was complemented by credible peer-reviewed literature. Using grounded theory approach the information collected through interviews, and the data gathered from literature survey were used to develop a thorough understanding of MIS/IT strategy formulation. Wal-Mart Wal-Mart Stores, Inc. is the largest retailer globally. Over the years,...

Words: 1763 - Pages: 8

Premium Essay

Cbse Essay

...Below is a free essay on "Mobile Marketing" from Anti Essays, your source for free research papers, essays, and term paper examples.   Mobile Marketing   Introduction The mobile market has revolutionized the way we go about our daily business. From checking our email, doing our banking, getting involved in social media and even operating our automobiles, mobile devices are essentially becoming the world's remote control. But what about businesses, and their use of these mobile devices? Companies from all over the world are coming together to create mobile tools which increase business utility and increase overall business value. This report covers a few of those utilities and the businesses that have made excellent use of mobile devices to generate value.   America's Obsession Did you ever wonder if you could get good deals when eating out on a Friday night or how about when passing by a store? Well mobile coupons make this thought a reality. Huge brands like Jack Astors, Sears and Leon's are beginning to take advantage of mobile marketing by offering you discounts on the go (Perez, 2010). When you sign up with one of these business' newsletter you will most likely be given the option to subscribe to their mobile advertising service supported by a company called Yowza (Perez, 2010). When you subscribe to this service you are gaining a sense of participation and affiliation with the businesses you love most. Along with this you are essentially linked into a vast mobile...

Words: 3811 - Pages: 16

Premium Essay

Mobile Commerce

... The Future of Retailing: Show Rooming, M-Commerce and Mor ru@forrester.com uru Speakers Moderator Sucharita Mulpuru VP and Principal Analyst, Forrester -Founder ick migh VP Business Development and Marketing Triple Five Jill Renslow VP Business Development and Strategy Williams Sonoma Katherine Rice David Stone CEO and Co-Founder CashStar VP Corp ile commerce: small but growing Retail Travel Daily Deals $5 $4 $3 $3 $6 $10 2013 $14 2014 $8 $18 $22 $25 $10 $14 $12 $6 Forecast for US eCommerce Sales ($B) $2 $4 $6 2012 2015 2016 2017 rrester Research Mobile Commerce Forecast, 2012 to 2017 (US) des tablet commerce and game/app downloads, auctions le of two retailers! Retailer 1 $100,000 A mobile-optimized site Retailer 2 $5,000,000 Multiple apps, extensive mobile marketing program custom mobileoptimized sites obile investment ctivities affic from mobile 8% 1.5% 10% 1.5% ales from mobile 3 retail use cases smartphones: ead email from etailers se the store ocator eceive texts with pecial offers orrester-Bizrate Insights Flash Survey, Q3 2012 e showrooming controversy arted with this “What we aren’t willing to do is let o only retailers us our!stores as showroom!we will be challenging y develop an assortment that will b competitive and profitable!” -day dynamic pricing illustrated sekeeping e evening reception is starting, please m ur way outside to the Lighthouse Courty drinks...

Words: 286 - Pages: 2

Premium Essay

Dissertation

...Affecting Purchase Decision of Online Shopping Mall in Hong Kong Background and Overall Research Aim According to the global transaction service provider, PayPal (2015), predicted that the online expenditure of Hong Kong will reach 25 Billion US Dollars by 2015. The main cause of this significant growth is drive by the rise of online shopping malls. However, a report which conducted by Hong Kong Trade Development Council (Hong-kong-economy-research.hktdc.com, 2015) states that the proportion of sales through online shopping platforms are only share 7.7% of the whole e-Commerce industry, which means the online shopping phenomenon is just at the early stage, with the growing of social media, such as Facebook, Twitter and Weibo (Castronovo and Lei, 2012), there is a plenty of room to grow. In order to understanding the e-commerce industry in Hong Kong, Go-Globe Hong Kong conduct a research about the e-commerce environment in Hong Kong. The main group of online shoppers are 25 to 34 years old (76.4%), while 40.5% aged between 50 to 64 years old. In 2013, there are 8.5% increase of Hong Kong residents shopping online in compare with 2011. Four out of five Hong Kong consumers use the internet to research what they want before purchasing or even purchase it online. And 49% of them are willing to spend more money on online shopping mall in the near future. With the smartphone are become more and more popular, 89% of smartphone users search a product which they desired in smartphone...

Words: 2648 - Pages: 11

Premium Essay

What Makes Consumers Buy from Internet a Longitudinal Study of Online Shopping

...objective of this study is to investigate the factors affecting online shopping. A model explaining the impact of different factors on online shopping intentions and behavior is developed based on the Theory of Planned Behavior. The model is then tested empirically in a longitudinal study with two surveys. Data collected from 705 consumers indicate that subjective norms, attitude, and beliefs concerning the consequences of online shopping have significant effects on consumers’ intentions to buy online. Behavioral control and intentions significantly influenced online shopping behavior. The results also provide strong support for the positive effects of personal innovativeness on attitude and intentions to shop online. The implications of the findings for theory and practice are discussed. Index Terms—e-commerce, online shopping, TPB. I. INTRODUCTION HE use of the Internet as a shopping and purchasing medium has seen unprecedented growth. Most experts expect the global electronic market to dramatically impact commerce in the twenty first century. Jaffray [1] estimates the total volume of cybersales to reach $201 billion in 2001 and Forrester Research [2] predicts electronic commerce activities to reach $327 billion in 2002 worldwide. Activmedia [3] forecasts Web revenues to amount to $1.2 trillion in 2002. In addition to this tremendous growth, the characteristics of the global electronic market constitute a unique opportunity for companies to more efficiently reach existing...

Words: 10659 - Pages: 43

Premium Essay

Delone and Mclean's Is Model

...THE DELONE AND MCLEAN MODEL OF INFORMATION SYSTEM SUCCESS 9 The DeLone and McLean Model of Information Systems Success: A Ten-Year Update WILLIAM H. DE LONE AND EPHRAIM R. MCLEAN W ILLIAM DELONE is an Associate Professor of Information Systems and Chair of the Information Technology Department at the Kogod School of Business at American University in Washington, DC. Professor DeLone’s primary areas of research include the assessment of information systems effectiveness and value, the implementation and use of information technology in small and medium-sized businesses, and the global management of information technology. He has been published in various journals including Information Systems Research, MIS Quarterly, DATABASE, Journal of Global Information Management, and Journal of Information Technology Management. Professor DeLone earned a B.S. in mathematics from Villanova University, an M.S. in industrial administration from Carnegie Mellon University, and a Ph.D. in Computers and Information Systems from the University of California, Los Angeles. EPHRAIM R. MCLEAN is a Regents’ Professor and George E. Smith Eminent Scholar’s Chair in Information Systems in the Robinson College of Business at Georgia State University, Atlanta. Prior to coming to Georgia State University in 1987, he was on the faculty of the University of California, Los Angeles (UCLA) for 18 years. Dr. McLean’s research focuses on the management of information services, the value of IS investments...

Words: 9920 - Pages: 40

Free Essay

Issue in Entrepreneur

...Adoption of Electronic Commerce Technologies by SMEs in Malaysia Sherah Kurnia, Basil Alzougool, Mazen Ali Department of Information Systems, The University of Melbourne, Australia Emails: sherahk@unimelb.edu.au balzougool@pgrad.unimelb.edu.au mali@pgrad.unimelb.edu.au Saadat M. Alhashmi School of Information Technology Monash University Email: saadat.m.alhashmi@infotech.monash.edu.my Abstract Electronic commerce (EC) offers many benefits to organizations of any size including small to medium- sized enterprises (SMEs). At this stage, there is still a need for a better understanding of the potential and relevance of EC in developing countries as well as the behaviour of SMEs towards EC adoption. Moreover, there is still a need for a holistic view of how various widely known factors at the organization, industry and national levels affect EC adoption. Therefore, this study proposes a theoretical model of EC technologies adoption by SMEs in developing countries by incorporating various readiness factors identified in the literature that may determine EC technologies adoption by SMEs in developing countries. It then explores the influence of these factors on the adoption of different EC technologies. The environmental pressure is also considered in this study. Through a survey of SMEs within the grocery industry in Malaysia as an example of a developing country, the study demonstrates how various readiness factors influence the adoption of various EC technologies differently...

Words: 9310 - Pages: 38