These days, one of the keys to the
successful use of electronic commerce in business-to-consumer
(B2C) relations is how businesses track and react to consumer
behavior and how they maintain their customer relationships. The ability to analyze such
behavior goes a long way to assisting
businesses to determine the difference between their high and low
value customers and to devote different levels of resources to them
accordingly.
In “Electronic Commerce and Business-to-Consumer
(B2C) Relations”, an article from the most recent
issue of the Journal of Electronic Commerce in
Organizations
(Editor-in-Chief: Mehdi Khosrow-Pour, Information
Resources Management Association, USA) researchers Stephen Burgess and Stan Karanasios,
Victoria University (Australia) examine customer behavior and relationship management over the
Internet.
“Other factors, such as the trust that consumers have in the
security of Web sites of sellers will
influence whether they will make online purchases, and this can
even surpass added-value factors or even discount prices,” write Burgess and
Karanasios.
Burgess and Karanasios additionally point
to other aspects of online retailing such as recurring
positive experiences and trust of retailer as also impacting
purchase decisions of online consumers. As for the future of
the industry, the Victoria University researchers look to Web
2.0 as presenting a possible influence on customer
behavior.
(Portions of this article were taken from
the
Journal of Electronic Commerce in
Organizations.)