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Consumer Risk Perceptions On The Purchases Of Shopping Goods? A Field Study In Ankara, Turkey

Author

Listed:
  • Nuri Cal?k

    (Turgut Özal University Faculty of Economics and Administrative Sciences Department of Business Administration)

  • N. Figen Ersoy

    (Anadolu University Faculty of Economics and Administrative Sciences Department of Business Administration)

Abstract

This study intends to find out the consumer risk perception in the purchases of shopping goods.. A survey on 880 respondents who are selected via stratified sampling of which 863 are found eligible to be analyzed. The respondents are required to answer 50 questions of which five are related to demographic characteristics of these respondents. The rest 45 are statements which are designed to reflect the innovativeness and risk perception of the consumers which are two controversial issues... The study consists of five parts. The first part is an introduction where the scope and the purpose of the study are concisely stated. The second part relates to the theoretical background of the subject matter and the prior researches carried out so far. The third part deals with research methodology, basic premises and hypotheses attached to these premises. Research model and analyses take place in this section. Theoretical framework is built and a variable name is assigned to each of the question asked or proposition forwarded to the respondents of this survey. 45 statements or propositions given to the respondents are placed on a five-point Likert scale. The remaining five questions about demographic traits as age, gender, occupation, educational level and monthly income are placed either on a nominal or ratio scale with respect to the nature of the trait. Five research hypotheses are formulated in this section. The fourth part mainly deals with the results of the hypothesis tests and a factor analysis is applied to the data on hand. Here exploratory factor analysis reduces 45 variables to eight basic components as "Online shopping risks, technology readiness, risk avoidance, physical risk perception, consumer innovativeness, functional risk perception, information seeking behavior, and social risk perception. Cronbach's Alpha for scale reliability is (alfa = 0.731) and the sample adequacy ratio (KMO ) is 0.835. In addition non-parametric bivariate analysis in terms of Chi-Square is applied to test the hypotheses formulated in this respect. The fifth part is the conclusion where findings of this survey are listed.

Suggested Citation

  • Nuri Cal?k & N. Figen Ersoy, 2016. "Consumer Risk Perceptions On The Purchases Of Shopping Goods? A Field Study In Ankara, Turkey," International Journal of Social Sciences, International Institute of Social and Economic Sciences, vol. 5(4), pages 19-43, November.
  • Handle: RePEc:sek:jijoss:v:5:y:2016:i:4:p:19-43
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    More about this item

    Keywords

    Consumer innovativeness; information seeking behavior; risk perception and risk avoidance; technology-proneness; functional and physical risks.;
    All these keywords.

    JEL classification:

    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing

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