Enhancing Buyers' Perceptions of Product Quality: From Seller and Product Signals to eWOM

نویسندگان

  • Louis Yi-Shih Lo
  • Sheng Wei Lin
چکیده

Online transaction environment is full of uncertainties. To reduce online uncertainty, the first stage model examines the effect of extrinsic signals on perceived product quality, and the second stage model employs cue-diagnosticity framework to examine the influence of eWOM attributes (eWOM volume and eWOM consensus) on both perceived product quality and purchase intention. Our research questions are as follows, 1. Do IT-enabled solutions reduce uncertainty about sellers and products? 2. Do seller and product uncertainty affect buyers’ perceptions of product quality? 3. How do eWOM volume and eWOM consensus jointly influence buyers’ perceptions of product quality, and in turn their purchase intention? To answer these questions, this study will conduct two experiments. The first will explore the research model from the perspective of IT-enabled solutions in a laboratory setting, and the second will validate the effect of eWOM on perceived product quality based on the findings of the first experiment.

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Seller-paid Ratings

We study the interaction between the seller of a product, the buyers who are uncertain about the product quality and a rating agency who observes the quality and sends signals about it. Assuming the seller-pays model of rating agency, we analyze the cases in which the payment to the rater is publicly disclosed and fixed, publicly disclosed and rating-contingent, private and rating-contingent. F...

متن کامل

Increasing Quality Sequence: When Is It an Optimal Product Introduction Strategy?

In this paper, we analyze the optimal introduction timing of a seller’s products targeted at segments that differ in their willingness to pay for quality. Past studies suggest that an introduction sequence of a high-quality product followed by a lower quality version of the product may mitigate the cannibalization effects of the low-quality product on profits from the high-quality product. We s...

متن کامل

3 4 5 on Product Uncertainty in Online Markets : 6 Theory and Evidence 1

Online markets pose a difficulty for evaluating products, particularly experience goods, such as used cars, that 11 cannot be easily described online. This exacerbates product uncertainty, the buyer’s difficulty in evaluating 12 product characteristics, and predicting how a product will perform in the future. However, the IS literature 13 has focused on seller uncertainty and ignored product un...

متن کامل

Data envelopment analysis for imprecise data in Buyer-Seller Relationship

In the environment of business‐to‐business e‐commerce, Buyers and sellers in mature industrial markets can turn single transactions into long-term beneficial relationships by a deeper understanding of the complex connection between the two and buyers and sellers are uncertain about their roles. A “must-do” for the sellers, in particular, is to understand patterns of investment and reward,...

متن کامل

Warranties, performance, and the resolution of buyer-seller disputes

Many disputes between buyers and sellers concern product quality and whether a claim of poor product performance is covered by a warranty issued by the seller. We develop an analytical framework in which average product quality, buyer preferences, production and transaction costs, and the extent to which "true" quality can be observed by buyer and seller interact to determine warranties, produc...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2013