Experiential Market Research

Improved Essays
After the analyses and discussions above, accordingly, certain research implications can be obtained which could be useful for experiential marketing researchers, social media researchers and e-business researchers. One implication is that this empirical research enriches the understanding of the relationship between customer experience and the perceived usefulness, perceived fulfillment and so forth for the online shopping within internal social platform, since it verified the significant impact of PF, PQ and PU, PP towards customer experience. There are prior researches like Dwyer (2007) and Shin (2010) appeal to more studies to add efforts in the relations between customer overall experience and its determinants, in the factors influencing …show more content…
It is acknowledged that one of top-priorities of e-business firms today is how to well manage the experiential market, that is, how to better serve customers with outstanding experience for their long-lasting loyalty and higher satisfaction. Initially, this study provides a view of a theoretical foundation for the practical managements in terms of offering an in-depth understanding of customer expectations about their electronic shopping processes. In this regard, market practitioners are more likely to enhance their work productivity through effective measures relating to the factors verified in our research. As suggested in our work, the perceived quality, usefulness, fulfillment and perceived profitability for the purchase within inbuilt SP have significant positive impacts in improving customer online experience based on the Alibaba case. Customer experience will be satisfying if the aspects like quality of services, products, usefulness of the website infrastructure are well managed by the practitioners. Hence, more fruitful outcomes can be gained by centering on these important points. Specifically, it shows that the inbuilt SPs allow consumers more easily and more channels to interact with firms or other customers by which many merits can be gained by both buyers and sellers. On one hand, buyers can get access to more information, helps, desirable services than before that make them feel happy, satisfied and valued. As such, their PU and PQ tend to be pleasant which leads to a good experience. so their rate of repurchase and recommendation would greatly increase. Meanwhile, the attribute of inherent SP support enables users to socialize on these platforms rather than the pure buy-sale relationship which gives them a sense of belonging, this is helpful for enhancing the customer stickiness. Customers shopping in this context would be easier to gain a good perception about the

Related Documents

  • Improved Essays

    Unit 9 P2

    • 1782 Words
    • 8 Pages

    Task 1 – Introducing e-commerce into an organisation E-commerce is the actions of trading electronically through the internet. E-commerce has been implemented into most businesses in the modern day and there are many impacts when doing business over the internet. The benefits of introducing e-commerce into your organisation There are many significant benefits to the business when introducing e-commerce into it. Some entail:  The business can accumulate customer information …

    • 1782 Words
    • 8 Pages
    Improved Essays
  • Improved Essays

    Over the past number of years, consumers have become accustomed to certain standards in web design. In order to make a lasting impression on website visitors, an experience needs to be built that goes beyond that of a plain, usable website. Usability is crucial online as it has direct impact on the potential revenue a website can produce. Similarly social media can also impact on an organisations bottom line. Social media allows retailers to increase awareness of a product or service, allowing businesses to simultaneously advertise products and engage in direct customer service by interacting with customers.…

    • 735 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    Best Buy Business Analysis

    • 1853 Words
    • 8 Pages

    Best buy is a retail company that was discovered by Richard M. Schulze in 1966 that currently specializes in all types of electronics. Back than it was just one store located in Minnesota, called Sound of Music Inc. The store only focused on home and car stereos. Four years after the store opened, Schulze bought out his partner and began to expand the business on his own.…

    • 1853 Words
    • 8 Pages
    Great Essays
  • Improved Essays

    Customer experience is critical to the success of any organization, (Spitzer, 2007). It is important that organizations view all levels of customer engagement. This transaction between employees and customers should be viewed as a valuable opportunity to build a lasting relationship. According to the author, customer experience can provide a more meaningful aspect of measurement versus the standard customer satisfaction surveys, (Spitzer, 2007).…

    • 1048 Words
    • 5 Pages
    Improved Essays
  • Superior Essays

    In the article Marketing is Everything, Regis McKenna, describes the transformation of marketing throughout the years as technology became more advanced, marketing has shifted to a consumer focus instead of a profit focus. As McKenna has stated, “Marketing has shifted from tricking the customer to blaming the customer to satisfying the customer. (McKenna, 1991)”. Although it may seem as though this phrase is an overstatement, it is actually demonstrating the growth of the marketing industry and their adaptation to meet the needs of the consumer. The fundamental perception of marketing is to “integrate the customer into the company, to create and sustain relationship between the company and the customer” (McKenna, 1991).…

    • 1270 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    Introduction Veterans face many hardships that often stem from their service to our country thus their satisfaction with the healthcare they receive is of the upmost importance. Customer satisfaction is an important measurement that helps businesses and agencies know how well they are doing. If a business or agency wants to retain their current customers and bring in new ones, they must focus on the quality of three key elements that influence customer satisfaction. These elements are the facilities, treatment/services, and staff. This study will gauge the level of customer satisfaction by refining the research problem, completing a comprehensive review of the literature, developing a research method, and administering a survey.…

    • 831 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    Importance Of E-Commerce

    • 2203 Words
    • 9 Pages

    Secondly, many universities and institutes have applied to the research on e-commerce, and conferences on e-commerce have been taken place all over the country. Thirdly, e-commerce applications have been overwhelmingly spread out by enterprises and websites. In a word, the e-Commerce has shown the powerful strength to influence the modern life style, and changed the way of doing business right…

    • 2203 Words
    • 9 Pages
    Superior Essays
  • Great Essays

    This element of the e-business is closely tied to the value proposition and the value creation process. Management literature defines strategic networks as “stable inter-organizational ties which are strategically important to participating firms. They may take the form of strategic alliances, joint-ventures, long-term buyer-supplier partnerships, and other ties” (Gulati, Nohria and Zaheer, 2000). Tesco give focus on online advertising campaign for the promotion purpose, Facebook and Twitter have the greater hand to make the closer relationship with customers and for promotional campaign of Tesco. Presently there are 19 Tesco themed Twitter…

    • 1456 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    EBay is an e-commerce company and American Multinational Corporation, the company provides business-to-consumer and consumer-to-consumer sales services via internet. EBay became one of the most successfully companies because their marketing team was able to create priorities. First priority was keeping their customers satisfied, second priority was personal touch and last priority was freedom to grow. Companies can find that keeping their customers satisfied is hard, this is why eBay put their customers’ needs first.…

    • 770 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    It was described that E-WOM (S) evoked brand awareness; brand association; brand loyalty and perceived quality (O) within consumers, and these internal states have strong influence on consumer's behavioural responses (R). That is, when consumer encounters E-WOM (S), it activates internal information processing i.e. brand equity (O) and consequently behavioural response (R) which relates to the brand as the consumer processes information. Researchers uses the S-O-R models in online environment, found that purchase intention and intention to engage in WOM activities are related to E-WOM. Thus, it was considered that brand-related outcomes of consumer activities that could be related to E-WOM in social media context called as possible behavioural outcomes.…

    • 711 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    In writing, the rhetorical analysis is the study that involves people using good strategies to write effectively and analyze the good or bad of a situation. Rhetoricians study how to apply elements to the rhetorical situation. Once they get to use, they can know how a text, an author, an audience, purposes, or a setting interact with the main component to create an effective writing. In Aristotle’s Rhetorical Situation, writers also use the rhetorical concept to create an organizational and a clear context to appeal the purposes that necessary to develop a well-written text. Thus, to use the rhetorical analysis effectively, this refers writers have to understand and recognize the rhetorical situation, the context, or the purpose of the…

    • 992 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Considering the quality and price, target segment would be non-price sensitive and possibly those who seek two have their personality and image reflected on the products they purchase. MSC targets middle-class and above customers who are willing to pay a premium for the feature and uniqueness of product and experience. As MSC targets a niche segment, customer relationship management (CRM) is vital to build up a loyal customer base. Therefore, the business wish to establish a semi-formal, friendly and trusting relationship with customers.…

    • 939 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Introduction: The Internet was initially a form of entertaining, gaining information and communicating in the past, but it has also been another method of the e-business transactions, which has essentially changed the general trading environment. With the aim of maintaining the competiveness in the changing market, business executives are obligated to explore and shape the business strategies sufficiently based on the causes that would enhance or threaten the ecommerce market. The economist Robin Wood (2000) had pointed out that a business environment could be composed of PEST forces - political, economic, social and technological forces, which are both positively and negatively affect the e-business market (Wood, 2000). In other words, the…

    • 706 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    I. Abstract EBay is the most used online shopping website because there is a wide range of items sold that is not available in a lot of others online shopping store. II. Introduction E-business is a way of making people lives easier to buy things which are not available in their country online and it is also a way for people to earn money. E-business is not an easy task which is why a lot of people fail at it as there are various problems they encounter.…

    • 1990 Words
    • 8 Pages
    Great Essays
  • Superior Essays

    2. OMNI CHANNEL RETAILING Omni channel is the convergence of three forces: E-commerce, Mobile technology and Physical retail to create a new kind of interaction for the consumer. The way customers are shopping is changing, they bounce between devices and channels and the distinction between online and offline retailing is blurring. Customers often browse online and make their purchases in store or get their shopping delivered to doorstep.…

    • 1194 Words
    • 5 Pages
    Superior Essays