It influences customers decision on buying the product /
services through e-commerce.
It is also study of consumers how they choose, use, and
dispose of products and services. consumer behaviour is “how consumers think and behave when making purchase decisions.” It can be Understand how the consumer makes decision about spending his/her limited resources, such as time, effort and money for purchasing. Example- A study of consumer behaviour will reveal what kind of consumers buy computers, would they buy for home and personal use or for office, what features they look for, how much they are willing to pay, how many they are likely to buy, are they waiting for the prices to come down, do they look for some free goods offer, etc.
Factors of Online Customer Behavior
The External Factors are beyond the control of consumers. They can divide into five sectors namely demographic, socio-economic, technology and public policy; culture; sub- culture; reference groups; and marketing. Internal Factors are the personal traits or behaviors which include attitudes, learning, perception, motivation, self-image. The Functional Motives is related to the consumer needs and include things like time, convenience of shopping online, price, the environment of shopping place, selection of products etc. The Non-Functional Motives related to the culture or social values like the brand of the store or product.
The objective of the study of consumer buying process is to know
how a consumer makes his decision regarding buying or not buying a product or service. In most cases, a decision involves the selection of an option from two or more attractive choices. When a product is expensive (buying a car or apartment) it involves detailed thinking and analysis and high level of involvement on the part of the purchaser, compared to buying soap, vegetables, or groceries.