Comparison of E-Trust and Trust Concepts in Online and Offline Dimensions

Authors

  • Elina Radionova-Girsa University of Latvia, Latvia
  • Agnesa Lahiža University of Latvia, Latvia

DOI:

https://doi.org/10.1515/eb-2017-0011

Keywords:

Customer behaviour, e-trust, loyalty, online trading, satisfaction

Abstract

In everyday lives, we more and more use different technology products to make our lives easier and faster. We often do not realise that we are switching our lifestyles to the online platform - we do everything mostly online - meet and communicate with others, watch videos and listen to favourite songs, choose and buy different things. The main question is - can we trust everything that we see on the screen? Is the explanation of “trust” the same in real life and in online sphere? Authors of the paper compare the concept of “trust” in offline trade market with that in online trading. The following methods were used - literature study and analysis, consumer survey and statistical analysis. Consumer survey is already in the process and is to be continued during the next 2 years with the purpose to compare changes through years. Participants of the survey are the inhabitants of Latvia of different age groups, location, profession, etc. The authors have continued the survey to make it more complete and to find out new tendencies. It is possible to use the research results in both ways ‒ theoretical and practical in respect of choosing an effective communication with consumers, in creating a long-term relationship with them, and in regard to increasing the customer loyalty level and level of “trust”.

References

Andrews, L., & Bianchi, C. (2013). Consumer internet purchasing behavior in Chile. Journal of Business Research, 66(10), 1791-1799. https://doi.org/10.1016/j.jbusres.2013.01.012

Bhatnagar, A., & Ghose, S. (2004). Segmenting consumers based on the benefits and risks of Internet shopping. Journal of Business Research, 57(12), 1352-1360. https://doi.org/10.1016/s0148-2963(03)00067-5

Chang, H. H., & Chen, S. W. (2008). The impact of customer interface quality, satisfaction and switching costs on e-loyalty: Internet experience as a moderator. Computers in Human Behavior, 24(6), 2927-2944. https://doi.org/10.1016/j.chb.2008.04.014

Digital Single Market. (2016). Retrieved from https://ec.europa.eu/digital-single-market/create-graphs

Ivanov, A. E. (2012). The Internet‘s Impact on Integrated Marketing Communication. Procedia Economics and Finance, 3, 536-542. https://doi.org/10.1016/s2212-5671(12)00192-x

Kotler P. (2014). Kotler On Marketing: How To Create, Win, And Dominate Markets, Free Press.

Labrecque, L. I., vor dem Esche, J., Mathwick, C., Novak, T. P., & Hofacker, C. F. (2013). Consumer Power: Evolution in the Digital Age. Journal of Interactive Marketing, 27(4), 257-269. https://doi.org/10.1016/j.intmar.2013.09.002

Levin, E. C., & Lobo, A. (2009). A Conceptual Framework For Modelling The Antecedents Of Client Loyalty In The Advertising Industry Context. Proceedings Of Australian & New Zealand Marketing Academy Conference, Melbourne, Australia.

Martínez-López, F. J., Pla-García, C., Gázquez-Abad, J. C., & Rodríguez-Ardura, I. (2014). Utilitarian motivations in online consumption: Dimensional structure and scales. Electronic Commerce Research and Applications, 13(3), 188-204. https://doi.org/10.1016/j.elerap.2014.02.002

McCole, P., Ramsey, E., & Williams, J. (2010). Trust considerations on attitudes towards online purchasing: The moderating effect of privacy and security concerns. Journal of Business Research, 63(9-10), 1018-1024. https://doi.org/10.1016/j.jbusres.2009.02.025

Pappas, N. (2016). Marketing strategies, perceived risks, and consumer trust in online buying behaviour. Journal of Retailing and Consumer Services, 29, 92-103. https://doi.org/10.1016/j.jretconser.2015.11.007

Pires, G. D., & Stanton, J. P. (2005). Ethnic Marketing (1st ed.). Thomson Learning

Radionova, E., & Praude, V. (2016). Relationship marketing: consumer behaviour comparison in the traditional and online trade markets. New Challenges of Economic and Business Development - 2016 Society, Innovations and Collaborative Economy, Riga, Latvia, May 12-14, Latvia: University of Latvia.

Sewell, C., & Brown, P. B. (2002). Customers for life: how to turn that one-time buyer into a lifetime customer, Crown Business; Revised Edition.

Trif, S. M. (2013). The influence of overall satisfaction and trust on customer loyalty. Management & marketing challenges for the knowledge society, 8(1), 109-128.

Udo, G. J., Bagchi, K. K., & Kirs, P. J. (2010). An assessment of customers’ e-service quality perception, satisfaction and intention. International Journal of Information Management, 30(6), 481-492. https://doi.org/10.1016/j.ijinfomgt.2010.03.005

Yi, J. (2013). 3 Simple Strategies To Increase Customer Retention, Ecommerce Rules. Retrieved from http://Ecommercerules.Com/3-Simple-Strategies-Increase-Customer-Retention

Tkachev, S. S. (2015). Discount systems: Introduce and Develop [Diskontnye sistemy: vnedrjaem i razvivaem]. Rostov N/D: Feniks. (in Russian)

Downloads

Published

01.04.2017

How to Cite

Radionova-Girsa, E., & Lahiža, A. (2017). Comparison of E-Trust and Trust Concepts in Online and Offline Dimensions. Economics and Business, 30, 126-133. https://doi.org/10.1515/eb-2017-0011