STEMM Institute Press
Science, Technology, Engineering, Management and Medicine
Research on the Influence of Perceived Risk on Purchasing Intention of Online Consumers
DOI: https://doi.org/10.62517/jike.202304101
Author(s)
Xiaofeng Wang, Dr. Thillai Raja A/L Pertheban, Xinxiang Gao
Affiliation(s)
SEGi University, Faculty of Management, Jalan Teknologi, Pju 5 Kota Damansara, Malaysia
Abstract
At present, the Internet has become an important channel for consumers to buy goods, but in the process of online shopping, consumers are also faced with some purchase risks, the level of risk directly affects the formation of consumers' continuous purchasing intention. In this paper. Perceived usefulness is used as a moderating variable, and consumer trust is used as a mediating effect. Through screening the initial questionnaires one by one, the data of the valid questionnaires were finally analyzed, namely reliability and validity test, correlation analysis, regression analysis of the main effect and the moderating effect, and hypothesis test. Finally, the empirical results were studied. The research shows that the perceived risk of privacy has a significant negative impact on consumers' purchase intention. Security trust has a significant positive effect on purchase intention and plays a partial mediating role. The perceived usefulness plays a moderating role. It means that the higher the degree of perceived usefulness of consumers, the lower the negative impact of perceived risk of privacy on their purchase intention.
Keywords
Perceived Risk of Privacy; Consumer Confidence; Purchase Intention; Correlation Analysis; Regression Analysis
References
[1] Hancock R S. Dynamic marketing for a changing world-proceeding of the 43rd conference of the American marketing association, 1960:389-398. [2] Cox D F. Risk taking and information handling in consumer behavior: graduate school of business administration. Cambridge: Harvard University Press, 1967:82-108. [3] Ren Junling, Du Huiying, Wang Xingfen. The correlation between perceived risk and purchase intention for online retailing[J]. China Circulation Economy, 2019(7): 63-72. [4] Zhang Xuan. E-commerce information asymmetry and online shopping risk analysis [J]. Business Economics Research, 2020(2):84-86. [5] Wang Xingbiao, Gu Bin.Influencing Factors of Purchase Intention in Mobile Social E-commerce Based on Trust[J]. China Circulation Economy, 2022(4): 2-31. [6] Lu Hongliang, Zhang Min. The impact of perceived risk of online celebrities carrying goods on purchase intention: a moderated intermediary model[J]. China Circulation Economy, 2022(12):20-28. [7] Sandra M, Forsythe H, Bo S.Consumer patronage and risk perception in internet shopping[J]. Journal of business research, 2021(56):867-875. [8] Wang Zixian, Lv Qinghua. Perceived risk and consumers' willingness to purchase cross-border online purchases: an intermediary moderation model[J]. Economic Issues, 2022(12): 61-67. [9] Chatterjee S,Price B. Regreession Diagnostics[M]. New York: Wiley-Blackwell, 2021. [10] Wen Zhonglin, Hou Jietai, Zhang Lei. Comparison and Application of Moderating Effect and Mediating Effect[J]. Chinese Journal of Psychology, 2020(2):268-274.
Copyright @ 2020-2035 STEMM Institute Press All Rights Reserved