e-buyer behaviour.pptx/amit/ramawat
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E_Buyer BehaviorTRANSCRIPT
E-BUYER BEHAVIOUR
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Presented By:
Amit RamawatMBA/8001/12
Electronic buyer behavior
• Electronic buyer behavior(Also called Online shopping behavior and Internet shopping/buying behavior) refers to the process of purchasing products or services via the Internet.
• Online shopping became popular in the mid-1990s with the popularization of the World Wide Web(WWW).
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Growth of Online Shopping
• In 2010, nearly 70% of consumers have purchased at least one defined category via online.
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Percentage of people who have shopped online all over the world
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Segments influencing e-buyer behaviour
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E-buyer Advantages
1. Convenience
2. Information and reviews
3. Price selection
E-buyer Disadvantages
1. Fraud and Security
2. Lack of full cost disclosure
3. Privacy
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S.W.O.T. Analysis
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Strengths- Online auction leader- Developed CRM- Diversified market by branching and localizing- B2B & B2C- Acquisition of PayPal
Weaknesses- Shipping- Fake or illegal auctions- Inability to control the contents of the auction- Online service only
Opportunities- International expansion- New markets- Skype technology- Localized websites
Threats
- Local competitors
- Scammers and phishers
- Google Checkout
- Online security
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Factors Influencing Consumer Behaviour while shopping online
CULTURAL SOCIAL PERSONAL PSYCHOLOGICAL
Traditional Outlet Shoppings
Invitation based private shopping( shopping with friends)
Products based on gender/age/…(kids,men,home… categories)
Impulse buying(Time pressure and price advantage encourage to buy)+Brands
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Trends of E-buyer behaviours
New Payment Methods
Mobile Shopping
Location Based Services
Social Media
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Bricks and Mortar
• Bricks and mortar: “Traditional” organizations that have physical operations and locations and don’t provide their services exclusively through the Internet.
• Example: General Electric
Pros
• There is a sense of trust and reliability that comes with having your own brick and mortar store. Many customers still feel safer buying from a store. There are shady websites everywhere, so having your own physical store adds a touch of professionalism.
• Walk-ins are another benefit that comes with having your own store. This is the old-fashioned way of buying products. In high traffic locations, you can have plenty of walk-ins in a day.
• Many customers still want to see, feel, and touch the product physically before purchasing anything.
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Cons
• Business is only open during business hours. You can’t do business when you’re closed, obviously–since no one can accommodate your customers during that time.
• Huge startup capital and overhead costs come with having your own brick and mortar store.
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Difference between brick and mortar and online
• An online outlet store is just like a normal outlet store, except that it is selling its heavily discounted products over the internet.
• “Brick-and-Mortar” outlet store just means a real outlet store that is built out of bricks and mortar and really exists somewhere.
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