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The consumer-perceived risk associated with the intention to purchase online

Thesis (MComm (Business Management))--Stellenbosch University, 2008.

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Bibliographic Details
Main Author: Ward, Shannon-Jane
Other Authors: Gerber, Charlene
Format: Thesis
Language:English
Published: Stellenbosch : Stellenbosch University 2008
Subjects:
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access_status_str Open Access
author Ward, Shannon-Jane
author2 Gerber, Charlene
author_browse Gerber, Charlene
Ward, Shannon-Jane
author_facet Gerber, Charlene
Ward, Shannon-Jane
author_sort Ward, Shannon-Jane
collection Thesis
dc_rights_str_mv Stellenbosch University
description Thesis (MComm (Business Management))--Stellenbosch University, 2008.
format Thesis
id oai:scholar.sun.ac.za:10019.1/2981
institution Stellenbosch University (South Africa)
language English
last_indexed 2026-06-10T12:43:36.943Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from SUNScholar — Stellenbosch University Repository
publishDate 2008
publishDateRange 2008
publishDateSort 2008
publisher Stellenbosch : Stellenbosch University
publisherStr Stellenbosch : Stellenbosch University
record_format dspace
source_str SUNScholar — Stellenbosch University Repository
spelling oai:scholar.sun.ac.za:10019.1/2981 The consumer-perceived risk associated with the intention to purchase online Ward, Shannon-Jane Gerber, Charlene Boshoff, Christo Stellenbosch University. Faculty of Economic and Management Sciences. Dept. of Business Management. Online purchasing Risk perception Internet shopping Internet safety Dissertations -- Business management Theses -- Business management Electronic commerce -- Security measures -- Public opinion Consumer confidence Consumer behavior Consumers -- Attitudes Dissertations -- Industrial management Theses -- Industrial management Thesis (MComm (Business Management))--Stellenbosch University, 2008. The market share of online purchasing is under two percent of total retail spending, which provides an indication that consumers have been slow to adopt online purchasing. Previous research has shown that consumers perceive risks associated with purchasing online and these perceptions are likely to affect purchase intention. Little research, however, has been done on perceived risk relating specifically to online purchasing, and in particular, risk related to branded and non-branded retailer websites. Research has shown that brand knowledge has a direct effect on a consumer’s intention to purchase from an online retailer and that this relationship between brand knowledge and intent to purchase online is mediated by perceived risk. The purpose of this exploratory study was therefore to investigate the consumer-perceived risks associated with the intention to purchase online. The research problem considered the question whether the perceived risks (financial, performance, physical, time, social and psychological risks) associated with a branded website (Kalahari.net) are different from the perceived risks associated with a non-branded website (Books.com). It was found that four types of perceived risk exist namely, performance, time, social, and personal risk. Of these risks, only performance risk had an influence on a consumer’s purchase intention from a non-branded website whereas performance and personal risk influenced a consumer’s intention to purchase from a branded website. It was also revealed that consumers perceive performance, time, and social risk as not statistically different when purchasing from a non-branded or a branded website. However, personal risk was perceived to be statistically differently for the two websites. In addition, the brand image dimension of brand knowledge had an influence on a consumer’s purchase intention from both the branded and non-branded websites. The brand awareness dimension of brand knowledge did not influence purchase intention at all. For all four risk types on both the branded and nonbranded websites (except social risk on Books.com), at least one and in some cases, both dimensions of brand knowledge influenced the degree of perceived risk associated with purchasing on the particular website. Finally, it was concluded that the more information search a consumer does before purchase of a book on a branded or non-branded website, the higher their perceived risk associated with purchasing from the particular website. A number of recommendations were made. Methods for decreasing the amount of performance risk which consumers perceive when purchasing a book online were firstly suggested. It was further recommended that Kalahari.net investigate the dimensions of their brand such as brand image, brand awareness, and brand trust, to identify the reasons why consumers perceive performance, social and time risk as being not statistically different when purchasing on a branded and a non-branded website. Since consumers did not see a difference between the brand image of the branded and the non-branded websites, it was recommended that the branded website make every effort to investigate their current branding strategy to identify the reasons consumers view the branded website in the same manner as the non-branded website. Furthermore, since both dimensions of brand knowledge influenced the degree of perceived risk associated with purchasing on the particular website to a certain extent, it was recommended that online retailers focus on building familiarity, positive thoughts, feelings, associations, and beliefs concerning the online retailer brand. Finally, it was recommended that the influence of information search online on perceived risk associated with purchasing be further investigated; because this study found that an action that was traditionally initiated as a means for decreasing perceived risk can now be attributed to increased consumer-perceived risk associated with online shopping. Masters 2008-11-24T07:23:22Z 2010-06-01T09:03:02Z 2008-11-24T07:23:22Z 2010-06-01T09:03:02Z 2008-12 Thesis http://hdl.handle.net/10019.1/2981 en Stellenbosch University application/pdf Stellenbosch : Stellenbosch University
spellingShingle Online purchasing
Risk perception
Internet shopping
Internet safety
Dissertations -- Business management
Theses -- Business management
Electronic commerce -- Security measures -- Public opinion
Consumer confidence
Consumer behavior
Consumers -- Attitudes
Dissertations -- Industrial management
Theses -- Industrial management
Ward, Shannon-Jane
The consumer-perceived risk associated with the intention to purchase online
title The consumer-perceived risk associated with the intention to purchase online
title_full The consumer-perceived risk associated with the intention to purchase online
title_fullStr The consumer-perceived risk associated with the intention to purchase online
title_full_unstemmed The consumer-perceived risk associated with the intention to purchase online
title_short The consumer-perceived risk associated with the intention to purchase online
title_sort consumer perceived risk associated with the intention to purchase online
topic Online purchasing
Risk perception
Internet shopping
Internet safety
Dissertations -- Business management
Theses -- Business management
Electronic commerce -- Security measures -- Public opinion
Consumer confidence
Consumer behavior
Consumers -- Attitudes
Dissertations -- Industrial management
Theses -- Industrial management
url http://hdl.handle.net/10019.1/2981
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