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The Effects of Consumers’ Buying Behavior on the E-commerce in Highly Developed Emerging Market and Developed Market: The Case of Singapore and Austria

Author

Listed:
  • Moerth-Teo Jia Yun

    (University of Applied Sciences FH Joanneum, Austria)

  • Bobek Vito

    (University of Maribor, Faculty of Economics and Business, Slovenia)

  • Horvat Tatjana

    (University of Primorska, Faculty of Management, Slovenia)

Abstract

The e-commerce is becoming increasingly essential and principally relevant in the modern world, especially in the current pandemic. Due to the increased use of the Internet, the growth of e-commerce has escalated. This research focuses on the e-commerce environments of Singaporean and Austrian markets. It contains an outline touching on the theoretical parts and the conduct of an empirical study where the survey results from 206 participants were studied, analysed, and compared. The statistical methods chosen for this research were the t-test analysis and the correlation analysis. The empirical study served as a quantitative discussion on both countries’ e-commerce markets. The analysis of the completed questionnaires provided a better and clear understanding of the buying behaviours and their potential impact on the e-commerce markets in Singapore and Austria. Considering the results from the comparisons, the research has also highlighted some interesting findings and differences in the buying behaviours of Singaporean and Austrian shoppers.

Suggested Citation

  • Moerth-Teo Jia Yun & Bobek Vito & Horvat Tatjana, 2021. "The Effects of Consumers’ Buying Behavior on the E-commerce in Highly Developed Emerging Market and Developed Market: The Case of Singapore and Austria," Naše gospodarstvo/Our economy, Sciendo, vol. 67(4), pages 56-73, December.
  • Handle: RePEc:vrs:ngooec:v:67:y:2021:i:4:p:56-73:n:1
    DOI: 10.2478/ngoe-2021-0021
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    More about this item

    Keywords

    e-commerce; pricing; buying behaviours; consumers; Singapore; Austria;
    All these keywords.

    JEL classification:

    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making

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