I am in bit confuse the finalize my phD topic on Retail industry. please help me any one from Retail to finalise r work on current problem of retail indstry in world
I think that the primary factors are availability and price. If I cannot find a product in my city, I will go look on the Internet. If the price of the product in my local stores seems high, I may go check the Internet for lower prices, even though I know that I will have to wait longer when I buy via e-commerce.
But this is not much different from the "mail order" catalog sales of years ago. I think it is the same dynamic, but using Internet technology.
about the factors its the same ,the main difference is the marketing mix coz in e retailing you will deal with another variables that included in the e marketing mix
While there are several factors that increase customer loyalty whether online or offline, I would say the 03 bigger elements are product quality, price and the time management in terms of delivery time as far as the online platform is concerned. I would not generalize these in any specific order but would certainly say that delivery time and product quality are critical if one wishes to have repeat and loyal customers. Price is not a difficulty preposition for customers to find elsewhere in today's competitive market.
Customer loyalty is a complicated dimension. Oxford Dictionary defines loyalty as a state of true to allegiance. But the mere repeated purchase by customers has been mixed with the above mentioned definition of loyalty. Environment , image , convenience and other factors affected customer loyalty are given in many publications. A company can help build loyalty in some cases offering a quality product with a firm`s stable guarantee, providing different types of free offers and simulations to satisfy the demands of consumers.
Convenience, price and product selection are the top three drivers of the channel shift to from buying in-store to buying online. Loyalty online appears to be much higher than offline with a much higher concentration at the top end. Consider that Amazon holds 20% share of all online spending, followed by eBay at 10%. Next is Walmart with just under 4%. In the offline world, the largest retailer is Walmart with about a 10% share. Some of the factors that drive loyalty to Amazon (in addition to the three I mentioned above) are Prime Membership and One-click buying.
Humoursly (Honestly) speaking there is no loyalty in E-Market because of the lack of personal touch and high competition and fast life and people looking for more and more comfort. but for your academic research, some of the factors which we can say that influence loyalty may be 1) prompt customer service in terms of delivery 2)easy payment of options and credit facility 3)anyt innovative approach of retailer to the make the consumer feel more (lazy !!) convenient.
this is just my intuition. you can reject my answer, i donot mind.