Skip to main content

Dimensions of Perceived Risk and Their Influence on Consumers’ Purchasing Behavior in the Overall Process of B2C

  • Conference paper
  • First Online:
Engineering Education and Management

Part of the book series: Lecture Notes in Electrical Engineering ((LNEE,volume 111))

Abstract

The influence of perceived risk on customers’ purchasing behavior still plays an important role in the overall process of business to customer(B2C) E-commerce, though the extent to which it does so varies according to the characteristics of consumers. In this study, perceived risk dimensions affecting customers’ purchasing behavior and their structural relationships were investigated through a customer survey and statistical analysis using the methods of confirmatory factor analysis and structural equation model. The result shows that the five independent dimensions, perceived health risk, perceived quality risk, perceived time risk, perceived delivery risk and perceived after-sale risk affect significantly customers’ purchasing behavior, while perceived privacy risk, perceived social risk and perceived economic risk are the less relevant factors.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 169.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 219.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 219.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Sandra, M.F., Shi, B.: Consumer patronage and perceptions in Internet shopping. Journal of Business Research 56(11), 867–875 (2003)

    Article  Google Scholar 

  2. Luo, X., Li, H., Zhang, J., Shim, J.P.: Examining multi-dimensional trust and multi-faceted risk in initial acceptance of emerging technologies: An empirical study of mobile banking services. Decision Support Systems 49(2), 222–234 (2010)

    Article  Google Scholar 

  3. Vijayasarathy, L.R.: Predicting Consumer Intentions to Use on-line Shopping: The Case for an Augmented Technology Acceptance Model. Information & Management 41(6), 747–762 (2004)

    Article  Google Scholar 

  4. Vellido, A., Lisboa, P.J.G., Meehan, K.: Segmentation of the on-line shopping market using neural networks. Expert Systems with Applications 17(4), 303–314 (1999)

    Article  Google Scholar 

  5. Herrero Crespo, Á., Rodríguez del Bosque, I., García de los Salmones Sańchez, M.M.: The influence of perceived risk on Internet shopping behavior: a multidimensional perspective. Journal of Risk Research 12(2), 259–277 (2009)

    Article  Google Scholar 

  6. Cunningham, L.F., Gerlach, J.H., Harper, M.D., Young, C.E.: Perceived risk and the consumer buying process, Internet airline reservations. International Journal of Service and Market 16(4), 357–372 (2005)

    Google Scholar 

  7. Bauer, R.A.: Consumer behavior and risk taking, in Dynamic Marketing for a Changing World. American Marketing Association, Chicago, 389, 39 (1960)

    Google Scholar 

  8. Cox, D.F., Rich, S.U.: Perceived risk and consumer decision making-the case of telephone shopping. J. Market Res. 1(4), 32–39 (1964)

    Article  Google Scholar 

  9. Dowling, G.R., Staelin, R.A.: Model of perceived risk and intended riskhandling activity. Journal of Consumer Research 21(1), 119–134 (1994)

    Article  Google Scholar 

  10. Taylor, J.W.: The role of risk in consumer behavior. Journal of Marketing 38(2), 53–60 (1974)

    Article  Google Scholar 

  11. Mitchell, V.W.: Consumer perceived risk: Conceptualizations and models. European Journal of Marketing 33(1/2), 163–195 (1999)

    Article  Google Scholar 

  12. Mitchell, V.F.: Understanding Consumers‘ Behavior: Can Perceived Risk Theory Help. Management Decision 30(3), 26–31 (1992)

    Article  Google Scholar 

  13. Dong, D., Li, G., Yang, Y.: Research of the Perceived Risk Factors by Consumers in Internet Shopping. Chinese Journal of Management (01), 55–60 (2005) (in Chinese)

    Google Scholar 

  14. Sun, X., Shuoyang, Z., Danrong, Y.: The Source of consumers Risk and Their Perception in B2C E-commerce. Chinses Journal of Management (1), 45–48 (2005) (in Chinese)

    Google Scholar 

  15. Anne-Sophie, C.: Perceived risk and risk reduction strategies in internet shopping. The International Review of Retain, Distribution and ConsumerResearch 12(4), 375–394 (2002)

    Article  Google Scholar 

  16. Kim, D.J., Steinfield, C., Lai, Y.-J.: Re-visiting the role of web assurance seals in business-to-consumer electronic commerce. Decision Support System 44(4), 1000–1015 (2008)

    Article  Google Scholar 

  17. Skek, S.P.W., Sia, C.-L., Lim, K.H.: A preliminary assessment of different tust formation models: the effect of third party endorsements on online shopping. In: The 36th Annual Hwaill International Conference, pp. 1–10 (2003)

    Google Scholar 

  18. Park, J., Lee, D., Ahn, J.: Risk-focused e-commerce adoption model: A cross-country study. Journal of Global Information Technology Management 7(2), 6–30 (2004)

    MathSciNet  Google Scholar 

  19. O’Cass, A., Fenech, T.: Web retailing adoption: Exploring the nature of internet users web retailing behaviour. Journal of Retailing and Consumer Services 10, 81–94 (2003)

    Article  Google Scholar 

  20. van der Heijden, H.T., Verhagen, M.C.: Understanding online purchase intentions: Contributions from technology and trust perspectives. European Journal of Information Systems 12(1), 41–48 (2003)

    Article  Google Scholar 

  21. Shih, H.P.: An empirical study on predicting user acceptance of e-shopping on the Web. Information and Management 41, 351–368 (2004)

    Article  Google Scholar 

  22. Pavlou, P.A., Featherman, M.S.: Predicting E-services adoption: A perceived risk facets perspective. International Journal of Human–Computer Studies 59, 451–474 (2003)

    Article  Google Scholar 

  23. Cunningham, S.M.: The major dimensions of perceived risk. In: Cox, D.F. (ed.) Risk Taking and Information Handling in Consumer Behavior, pp. 82–108. Harvard University Press, MA (1967)

    Google Scholar 

  24. Forsythe, S.M., Shi, B.: Consumer patronage and risk perceptions in internet shopping. Journal of Business Research 56(11), 867–875 (2003)

    Article  Google Scholar 

  25. Chen, S., Li, J.: Factors Influencing the Consumers’ Willingness to Buy in E-commerce. In: International Conference on E-Business and Information System Security, pp. 1–8 (2009)

    Google Scholar 

  26. Yu, D., Dong, T., Liu, R.: Study of Types, Resources and Their Influential Factors of Perceived Risks in Purchase Online. Journal of Dalian University of Technology 28(2), 13–19 (2007) (in Chinese)

    MATH  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Lingying Zhang .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2012 Springer-Verlag Berlin Heidelberg

About this paper

Cite this paper

Zhang, L., Tan, W., Xu, Y., Tan, G. (2012). Dimensions of Perceived Risk and Their Influence on Consumers’ Purchasing Behavior in the Overall Process of B2C. In: Zhang, L., Zhang, C. (eds) Engineering Education and Management. Lecture Notes in Electrical Engineering, vol 111. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-24823-8_1

Download citation

  • DOI: https://doi.org/10.1007/978-3-642-24823-8_1

  • Published:

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-24822-1

  • Online ISBN: 978-3-642-24823-8

  • eBook Packages: EngineeringEngineering (R0)

Publish with us

Policies and ethics