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Luận văn thạc sĩ nghiên cứu factors affecting online impulse buying behavior in fashion products in vietnam, đánh giá hiện trạng, phân tích vấn đề, đề xuất biện pháp hoàn thiện

Chuyên ngành

Master of Business

Người đăng

Ẩn danh

Thể loại

Thesis

2015

95
0
0

Phí lưu trữ

35 Point

Mục lục chi tiết

ACKNOWLEDGEMENTS

STATEMENT OF AUTHENTICATION (Candidate Certificate)

1. CHAPTER I: INTRODUCTION

1.1. Research methodology and scope

1.2. Significance of the study

1.3. Structure of the study

2. CHAPTER II: LITERATURE REVIEW

2.1. Classification of impulse buying

2.2. Impulse buying model

2.3. Online Impulse Buying

2.4. Factors affecting online impulse buying

2.5. Electronic word of mouth

2.6. Hedonic shopping motivation

2.7. Hypothesis & Research Model

3. CHAPTER III: RESEARCH METHODOLOGY

3.1. Data collection method

3.2. Data analysis method

4. CHAPTER IV: ANALYSIS RESULTS

4.1. Exploratory factor analysis

4.2. Exploratory Factor Analysis for independent variables

4.3. Exploratory Factor Analysis for online impulse buying behavior

4.4. Testing correlations between all constructs

4.5. Testing the research model and the hypotheses

4.6. Influence of gender

4.7. Influence of age

4.8. Influence of education

4.9. Influence of income

5. CHAPTER V: CONCLUSIONS AND IMPLICATIONS

5.1. Limitations and implications for future research

REFERENCE

APPENDIX

Trích đoạn nội dung tài liệu

UNIVERSITY OF ECONOMICS HO CHI MINH CITY International School of Business ------------------------------ TRUONG KIM NGAN FACTORS AFFECTING ONLINE IMPULSE BUYING BEHAVIOR IN FASHION PRODUCTS IN VIETNAM MASTER OF BUSINESS (Honours) Ho Chi Minh – 2015 TIEU LUAN MOI download : skknchat@gmail.com UNIVERSITY OF ECONOMICS HO CHI MINH CITY International School of Business ------------------------------ TRUONG KIM NGAN FACTORS AFFECTING ONLINE IMPULSE BUYING BEHAVIOR IN FASHION PRODUCTS IN VIETNAM ID:22130044 MASTER OF BUSINESS (Honours) SUPERVISOR: Dr. LE NHAT HANH Ho Chi Minh – 2015 TIEU LUAN MOI download : skknchat@gmail.com ACKNOWLEDGEMENTS The completion of this thesis is a remarkable achieve in my life. It has been several months and required a great effort for the research. I would like to express my gratitude to all ISB staffs that supported necessary materials and helped summit my papers. I also wish to express my deeply thank you for the support, patience and encouragement from my family, my colleagues and my classmates helped me to completing this thesis. Especially, I would like to give my special thanks to Doctor Le Nhat Hanh for supporting and guiding me with this research. TIEU LUAN MOI download : skknchat@gmail.com STATEMENT OF AUTHENTICATION (Candidate Certificate) I certify that the work in the thesis entitled “Factors affecting online impulse buying behavior in fashion products in Vietnam” is the result of my own research and has not been submitted for a higher degree to any university or institution other than International School of Business (ISB). I also certify that the thesis has been written by me. Any help and assistance that I have received in my thesis have been appropriately acknowledged. Ho Chi Minh City, 21 December 2015 Truong Kim Ngan TIEU LUAN MOI download : skknchat@gmail.com TABLE OF CONTENTS CHAPTER I: INTRODUCTION . Research methodology and scope . Significance of the study . Structure of the study . 4 CHAPTER II: LITERATURE REVIEW . Classification of impulse buying . Impulse buying model . Online Impulse Buying . Factors affecting online impulse buying. Electronic word of mouth . Hedonic shopping motivation . Hypothesis & Research Model . 19 CHAPTER III: RESEARCH METHODOLOGY . Data collection method . Data analysis method. 28 CHAPTER IV: ANALYSIS RESULTS . 32 TIEU LUAN MOI download : skknchat@gmail. Exploratory factor analysis .1 Exploratory Factor Analysis for independent variables .2 Exploratory Factor Analysis for online impulse buying behavior . Testing correlations between all constructs. Testing the research model and the hypotheses . Influence of gender . Influence of age . Influence of education . Influence of income . 51 CHAPTER V: CONCLUSIONS AND IMPLICATIONS. Limitations and implications for future research . 58 REFERENCE APPENDIX TIEU LUAN MOI download : skknchat@gmail.com LIST OF ABBREVIATIONS ANOVA Analysis Of Variance EFA Exploratory Factor Analysis KMO Kaiser-Meyer-Olkin measure Sig Observed significance level SPSS Statistical Package for the social sciences VECITA Vietnam E-commerce and Information Technology Agency VIF Variance inflation factor TIEU LUAN MOI download : skknchat@gmail.com LIST OF TABLES Table 3.1: Demographic Characteristics of the Study………………………… 32 Table 4.2: Cronbach's Alpha measures of variables in the study……….3: KMO and Bartlett's Test (EFA for independent variables the first 36 time)…………………………………….4: Total Variance Explained (EFA for independent variables the first 37 time)…………………………………….5: Rotated Component Matrix………………………………….6: KMO and Bartlett's Test (EFA for independent variables the second 39 time)……………………………………… ………………………………….7: Total Variance Explained (EFA for independent variables the 39 second time)………………………………………………………………… Table 4.8: Rotated Component Matrix………………………………….9: KMO and Bartlett's Test (EFA for online impulse buying 42 behavior)……………………………………… ………………………….10: Total Variance Explained (EFA for online impulse buying 42 behavior)………………… ………………………………………………… Table 4.13b: Model Summary……………………………………………… 44 Table 4.14a: Independent Samples Test (gender) …………………….14b: Group Statistics (gender)……………………………………… 48 Table 4.15a: Test of Homogeneity of Variances (age)……………………… 48 Table 4.15b: ANOVA (age)………………………………………………… 49 TIEU LUAN MOI download : skknchat@gmail.16a: Test of Homogeneity of Variances (education)…………… 49 Table 4.17a: Test of Homogeneity of Variances (income)………….17c: Report (income) ………………………………………………… 51 TIEU LUAN MOI download : skknchat@gmail.com LIST OF FIGURES Figure 2.1: Churchill and Peter’s model of Impuse buying process .46 TIEU LUAN MOI download : skknchat@gmail.com ABSTRACT This study will broaden my understanding about online impulse buying in general as well as in fashion products category. The research also enhances the main factors affecting impulse buying and propose implications to enhance customer’s impulse buying behavior. The researcher validate factors affecting to online impulsive buying by analyzing data collected via a web-based questionnaire survey from 352 online customers. The results indicate that all factors such as: impulsiveness, electronics word of mouth, hedonic shopping motivation, convenience orientation, sales promotion, website quality play significant role in online impulse buying beavior. In addition, it provides that these main factors not only has a direct impact on online impulsive buying, but also an indirect influence through age, gender, income… .This group of factors will not be examimed as hypothesis. The study takes and simple testing the effect of this group factor impact to online impulsive buying behavior. Besides, this study also presents about the method and research design used in the current study to explore these relationships. The procedure to analyze the data collected will be mentioned this research. Accordingly, the process includes test of cronbach‘s alpha coefficient of reliability, EFA and regression by SPSS software. It implies that the online retailer have to pay attention to improve their advantages compettiton such as: sales promotion-the most important factor affecting online impulse buying behavior, some actions can express an impulsiveness customer characteristics. Others factors e-WOM, website quality also play an important role. Therefore, online retailers who want to encourage their customers to buy impulsively should pay great attention to these dimensions. The research findings also engage with some limitations in the strength of measurement scale, the sampling method as well as the fitness between the research model and data. It results in the valuable directions for further researches in future TIEU LUAN MOI download : skknchat@gmail.com CHAPTER I: INTRODUCTION In the first chapter, the background of the chosen research subject will be presented, along with problem background and the purpose of this thesis. Finally, the research question will be addressed with the research objectives that will be clarified clearly in later parts. Research background In the past, consumers must go to the store and buy commodities directly. It takes much times and brings the inconvenience to consumers, especially who are far away from the store. Nowadays, as the Internet has been developing, more buyers are enjoying online shopping because the Internet services are as a convenient way to shop. Consumers can buy goods, even services, online, where makes more options for them. Online shopping offers many advantages, such as facility, rapidity, a 24-hour opening and unrestricted geography. In recent years, e-commerce development in Vietnam maintained a strong pace forward due to the booming of Internet. In parallel with massive internet application trend, e- commerce has been getting into various branches of business and daily life, becoming a significant tool for enterprises and residents. The rapid expansion of the country’s e- commerce sector, thanks to the fast growth rate of Internet users, has forced The Vietnam E- Commerce and Information Technology Agency (VECITA) to revise its 2015 forecast for the sector from $1.3 billion to over $4 billion in revenue (Vietnam e-commerce report 2014). Given the current Internet population of more than 30 million, economic development will grant Internet access to even more people in the next two years. With 40-45 percent of its population forecasted to use the Internet by 2015, VECITA foretold that every Vietnamese person will spend at least $150 on e-commerce purchases per year. A survey of 781 online shoppers in 2014 conducted by tuoitrenews.vn indicated that 61 percent of them purchased items via e-commerce websites, 51 percent through group-buying websites, 45 percent by means of social forums, 19 percent by way of e-marketplace websites, and six percent via mobile applications. The most popular online product categories were fashion, shoes and 1 TIEU LUAN MOI download : skknchat@gmail.com cosmetics, making up 62 percent. Second ranked technology products (35 percent), followed by household products (32 percent), and flight tickets (25 percent). The growth of electronic commerce has led to a number of research studies aimed at understanding how traditional offline consumer behavior manifests in an e-commerce domain. In the offline contexts, impulse buying can account for between 30 and 50 percent of all retail sales (Hausman, 2000). Given the prominence of impulse buying in offline retail environments, impulse buying has been identified as a phenomenon that is also prevalent in online contexts (Li, H. Understanding of impulse buying is further confounded by the prevalence of online retailing, an easily available mode for making impulse purchases. Online retailing eliminates the constraints of time and space that often face shoppers. And recent study found that Internet shoppers are more impulsive than in-store shoppers. However, consumer behavior on the Internet is not well understood. Furthermore, most of conceptualizations do not account for impulse purchases online. Despite the fast growth of e-commerce, the number of studies were conducted about online shopping Vietnam is very little. In addition, there is no research studying about online impulse buying. Therefore, it is necessary to conduct a study to broaden the concept of impulse purchasing and examine impulsive purchasing online in Vietnam e-commerce online market. As mentioned above, research on impulse buying has been based on various conceptual definition and mostly focused on in-store retailing. In this research, researcher attempt to broaden the concept of impulse buying behavior and explore the factors affect impulse buying on the Internet. With the booming of online retailing, it would seem appropriate to expand the concept of impulse buying to accurately capture online impulse purchasing behavior. Therefore, this research will try to figure out the main factors affecting impulse buying and propose implications to enhance customer’s impulse buying behavior. Research objectives Unlike traditional shopping transactions, online customers do not need sales associates and cashiers to complete a transaction. In traditional shopping setting, impulse buying might be triggered by the persuasiveness of a salesperson or sales promotion, the layout or the 2 TIEU LUAN MOI download : skknchat@gmail.com atmosphere of store, or enticing product arrangements. This is widely understood via many studies. However, little is known about the identity and nature of factors that may trigger or inhibit impulse buying during online transactions. Questions pertaining to which factors significant effects on impulse buying in online setting have not been conclusively answered. According to above discussion, this study is formulated to obtain following objectives: (1) To understand clearly about impulsive buying and online impulsive buying (2) To identify and test various factors such as impulsiveness, electronic word of mouth, hedonic shopping motivation, convenience orientation, sales promotion, website quality that may influence online impulse buying in fashion product in Vietnam. (3) How do these factors affect to the impulsive buying behavior when people go shopping online, especially fashion product market. Research methodology and scope The research is conducted on online consumers in Ho Chi Minh City, the biggest city in Vietnam. Particularly, data is collected from indepth interview from two types of person one was from young officers of company and another was from student of University in Ho Chi Minh. The researcher then validate factors affecting to online impulsive buying by analyzing data collected via a web-based questionnaire survey from 400 online customers. Content of questionnaire focus on fashion product, the most popular online product in Vietnamese e-commerce market. The researcher will use Microsoft Excel and SPSS to handle the collected data and to perform the research. Then, using SPSS to test the scale reliability (Cronbach’s Alpha), Factor analysis to determine which of a large set of items were answered most similarly by the respondents, using Multiple Regression to check the relationship between independent variables and dependent variables. 3 TIEU LUAN MOI download : skknchat@gmail. Significance of the study This study will broaden understanding about online impulse buying in general as well as in fashion products category.

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