A Case Study On Consumer Perception On Online Shopping in 2016-2017 Session of SAU, Sylhet
A Case Study On Consumer Perception On Online Shopping in 2016-2017 Session of SAU, Sylhet
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History
1979-It all began when Michael Aldrich ‘invented’ online shopping. Using videotext, a
two-way message service, it revolutionized businesses. We now know this as e-
commerce.
1981-Saw the first business to business transaction by UK based Thomson holidays.
1982-Mintel, a videotext online service accessible by telephone lines, could be used to
make online purchases, train reservations, check stock prices, chat and search a
telephone directory. It is considered the most successful pre WWW online service.
1984-The first ever shopper buys online at a Tesco store.
1985-Nissan carries out the first online credit check.
1987-SWREG was founded. This offered businesses a chance to sell products online.
As it is today, SWREG offers many payment options, as well as customization and
distribution into international markets. Users can purchase items with their currency of
preference using all major debit and credit cards. 1989 In the USA the first online
grocery store starts trading. Peapod.com
1990-Tim Berners-Lee created the first WWW server and browser. This started a whole
new revolution. Nearly 25 years on, he is today still working hard at guiding the
development and spread of the web, using the mantra ‘If it isn’t on the web then it isn’t
happening’.
1991-The internet is commercialized and we saw the birth of e-commerce.
1994-Netscape launches the first commercial browser, which was once the dominant
browser in terms of ‘visitors.’ It lost out in the first browser war.
1995-Amazon started selling books online; currently it sells almost anything.
Companies like Dell and Cisco started using the internet for all their transactions. eBay
is founded by Pierre Omidyar, though it was originally called Auction web.
1997-Began the era of comparison sites.
1998-PayPal is founded. This enabled transactions of money without sharing financial
information and gave customers the flexibility to pay using their PayPal account
balances, bank accounts, PayPal Credit and other credit cards. Today, people can now
pay across their favorite apps in a single touch (one touch) on any platform, eliminating
the need for usernames and passwords each time you pay.
1999-The first online-only shop began, ‘Zappos’ although it was later bought by
Amazon for $1.2 bn. 2001 Amazon launches mobile services.
2003-US online shopping hit $50 billion, in the same year Amazon posted their first
yearly profit of $35.3m.
2005-Social commerce emerges. Consumers begin to recommend items to friends via
Facebook and Twitter
Study Instruments
●We used a questionnaire, which had 25 sample questions.
●We are using Ms Word, Ms Excel, SPSS software for analyzing our data.
Interpretation: In our study the number of total respondents were 50 and after
collecting the data we saw that male customers use online shopping comparatively
higher than the female customers.
3.Age
●The mode of age was 21-30
4.Maritial Status:
●Among 50 respondents all of them were single.
Life Stage
5.Life stage
●Out of 50 36% Young & Dependent
●Young & Dependent-32 64% Young & inependent
●Young & independent-18 Less Young
●Less Young and Indeoendent-0
Interpretation: Majority of our respondents in the study were young and dependent
which was about 64%. But also about 36% were young and independent.
6.Educational Status
There are several options for educational Status
These are
●S.S.C
●H.S.C
●Hon’s
●M.Sc
Interpretation: Among them all the respondents are of Hon’s
44% Yes
56%
No
Interpretation: From the study we saw that 56% of our respondents experienced in
buying products through internet. But about 44% of our respondents were also not using
online for purchasing. From this it can be easily understandable that the user percentage
is higher than the not user percentage.
Q2. How often do you use internet?
●Frequently (more than 12 times in a month)
●Occasionally (less than 12 times in a month)
●Rarely
Using Internet
Rarely
25% Frequently
29%
Frequently
Occassionally
Rarely
Occassionally
46%
Interpretation: Most of our respondents uses online for purchasing occasionally. The
frequently user percentage is still lower than the occasional user. There are also some
other users who uses internet for purchasing very rarely.
Q4. When do you buy products online or website which of the produces do you
follow?
●I buy online after analyzing the information provider
●I get information from the internet and discuss with others before placing order online
●I get information from the internet; visit shop to verify the details and place order either
online or buy locally
●I get information from the internet but I buy only from the local shop
Buying Products
21%
Providing info analyze
0%
54% Dicuss with other
25% Visit shop
Buy from local shop
Interpretation: From the figure it can be seen that, maximum customers buy online
after analyzing the information provided in the online site.
Q5. How often have you visited online or websites during the last 12 months?
●None
●1-2
●3-5 Visited Online
●6-10
4%
●More than 10 times 7%
None
36%
21% 1 to 2
3 to 5
6 to 10
32%
More than 10 times
Interpretation: From the figure we can see that about 36% of our respondents did not
visit online or website during the last 12 months, which is the higher percentage. There
are also some respondents who visit online shops 1-2 times.
Interpretation: Most of the respondents purchases online once a quarter, about 50%.
This is the highest percentage which we can see from the figure. There are also some
respondents who use online for purchasing once in 10 days, once a month, once in two
months
Q7. What is the total value of purchase through online in a year?
●Less thanTk.2000
●Between Tk.2000-5000 Value of Purchase
●Between Tk.5000-10000
Less thanTk.2000
18%4%
Between Tk.2000-
5000
78%
Between Tk.5000-
10000
Interpretation: As online shopping has less security people does not want to purchase
the products which have a higher money value. So about 78% purchases products which
have the value of less than tk 2000
DISAGREE
NEUTRAL
AGREE
STRONGLY AGREE
Interpretation:
According to the following data the percentage of Agree is higher than others.
Degree of Satisfaction
100
50
50 24
Series1
0
STRONGLY AGREE AGREE NEUTRAL DISAGREE STRONGLY DISGREE
Interpretation:
According to the following data the percentage of Agree and Neutral both are higher
than others.
Findings:
Online shopping matter is a significant issue for modern internet based world. As a part
of our study on online shopping behavior we give our focus on some online shopping
related issue such as percentage of product purchase, kinds of product, geographic area
of online shopping, perception of online shopping in Bangladesh, feelings about online
shopping and so on online shopping related behavior. Our research team has tried to
find out the relationship between customer’s search behavior and their purchase
intention.
Recommendation
Recently Bangladesh has highlighted as “DIGITAL BANGLADESH”. And the people
of Bangladesh always prefer innovative ideas, so here there is a huge possibility of
online shopping. Another reason is people are now become busier they don’t have
enough time for visiting the store and shopping. So they are more depending on online
shopping. By considering all the above reasons, we can say that after two or three years’
people are heavily depending on online shopping. So our recommendation for all
business organization of Bangladesh to set online selling system on their business. For
surviving in modern market.
Conclusion
Technology has made significant progress over the years to provide consumers a better
online shopping experience and will continue to do so for years to come. With the rapid
growth of products and brands, people have speculated that online shopping will
overtake in-store shopping. While this has been the case in some areas, there is still
demand for brick and mortar stores in market areas where the consumer feels more
comfortable seeing and touching the product being bought. However, the availability of
online shopping has produced a more educated consumer that can shop around with
relative ease without having to spend a large amount of time. In exchange, online
shopping has opened up doors to many small retailers that would never be in business
if they had to incur the high cost of owning a brick and mortar store. At the end, it has
been a win-win situation for both consumer and sellers.