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Perceptions of value consumption of digital business platforms by informal sector Traders in South Africa

This research project is a quantitative enquiry focused specifically on the value consumption of digital business platforms (DBP's) in relation to how informal sector traders (IST's) are using them to buy, sell and market their product and services in their daily trade functions. This study has adop...

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Main Author: Makholwa, Clement
Other Authors: Reyneke, Mignon
Format: Thesis
Language:English
Published: Graduate School of Business (GSB) 2023
Subjects:
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access_status_str Open Access
author Makholwa, Clement
author2 Reyneke, Mignon
author_browse Makholwa, Clement
Reyneke, Mignon
author_facet Reyneke, Mignon
Makholwa, Clement
author_sort Makholwa, Clement
collection Thesis
description This research project is a quantitative enquiry focused specifically on the value consumption of digital business platforms (DBP's) in relation to how informal sector traders (IST's) are using them to buy, sell and market their product and services in their daily trade functions. This study has adopted the approach of classifying the social media platforms, internet banking platforms and mobile payments platforms, as a single collective and defined under the banner of Digital Business Platforms. The advantage to this approach, is that it provides a multi-dimensional view of the perceived value-axis based on positive and negative experiences of using a variety of digital platforms including messaging, payments, and banking applications on their mobile phones in their daily trading functions. This study examines the positive experiences of perceived value (PV), collectively in the form of social value (SV), emotional value (EV) and functional value (FV). On the opposite end of the value spectrum, are the negative experiences of perceived risk in the form of price risk (PR) and technical barriers (TB) for the same group of informal sector traders. Understanding the relational impacts of these positive and negative experiences of value consumption, may lead to an understanding of their influence in the perceived usefulness (PU) and the perceived ease of use (PEoU) of DBP's. The results of these relationships will shed some light towards the behavioural intention (BI) to adopt DBP's and their actual usage in the long term. The analysis yielded the following results: for positive experiences, emotional value had the least impact on both perceived ease of use and usefulness and functional value was higher than social value. This means that IST's place more value on the utility of DBP's, than the emotional and social values. Regarding the negative experiences, price risk had the most significant impact on the willingness to adopt DBP's by ISTs.
format Thesis
id oai:open.uct.ac.za:11427/38007
institution University of Cape Town (South Africa)
language eng
last_indexed 2026-06-10T12:52:36.199Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2023
publishDateRange 2023
publishDateSort 2023
publisher Graduate School of Business (GSB)
publisherStr Graduate School of Business (GSB)
record_format dspace
source_str UCTD — University of Cape Town Open Access Repository
spelling oai:open.uct.ac.za:11427/38007 Perceptions of value consumption of digital business platforms by informal sector Traders in South Africa Makholwa, Clement Reyneke, Mignon Digital Business Platforms Digital Transformation Informal Sector Traders Digital Innovation Perceived Value Consumption This research project is a quantitative enquiry focused specifically on the value consumption of digital business platforms (DBP's) in relation to how informal sector traders (IST's) are using them to buy, sell and market their product and services in their daily trade functions. This study has adopted the approach of classifying the social media platforms, internet banking platforms and mobile payments platforms, as a single collective and defined under the banner of Digital Business Platforms. The advantage to this approach, is that it provides a multi-dimensional view of the perceived value-axis based on positive and negative experiences of using a variety of digital platforms including messaging, payments, and banking applications on their mobile phones in their daily trading functions. This study examines the positive experiences of perceived value (PV), collectively in the form of social value (SV), emotional value (EV) and functional value (FV). On the opposite end of the value spectrum, are the negative experiences of perceived risk in the form of price risk (PR) and technical barriers (TB) for the same group of informal sector traders. Understanding the relational impacts of these positive and negative experiences of value consumption, may lead to an understanding of their influence in the perceived usefulness (PU) and the perceived ease of use (PEoU) of DBP's. The results of these relationships will shed some light towards the behavioural intention (BI) to adopt DBP's and their actual usage in the long term. The analysis yielded the following results: for positive experiences, emotional value had the least impact on both perceived ease of use and usefulness and functional value was higher than social value. This means that IST's place more value on the utility of DBP's, than the emotional and social values. Regarding the negative experiences, price risk had the most significant impact on the willingness to adopt DBP's by ISTs. 2023-07-03T09:24:05Z 2023-07-03T09:24:05Z 2023 2023-07-03T09:23:24Z Master Thesis Masters MPhil http://hdl.handle.net/11427/38007 eng application/pdf Graduate School of Business (GSB) Faculty of Commerce
spellingShingle Digital Business Platforms
Digital Transformation
Informal Sector Traders
Digital Innovation
Perceived Value Consumption
Makholwa, Clement
Perceptions of value consumption of digital business platforms by informal sector Traders in South Africa
thesis_degree_str Master's
title Perceptions of value consumption of digital business platforms by informal sector Traders in South Africa
title_full Perceptions of value consumption of digital business platforms by informal sector Traders in South Africa
title_fullStr Perceptions of value consumption of digital business platforms by informal sector Traders in South Africa
title_full_unstemmed Perceptions of value consumption of digital business platforms by informal sector Traders in South Africa
title_short Perceptions of value consumption of digital business platforms by informal sector Traders in South Africa
title_sort perceptions of value consumption of digital business platforms by informal sector traders in south africa
topic Digital Business Platforms
Digital Transformation
Informal Sector Traders
Digital Innovation
Perceived Value Consumption
url http://hdl.handle.net/11427/38007
work_keys_str_mv AT makholwaclement perceptionsofvalueconsumptionofdigitalbusinessplatformsbyinformalsectortradersinsouthafrica