Analysis of Market Opportunities and Change in Consumer Purchasing Behavior in The Internet Era

Last modified: November 26, 2020
Estimated reading time: 2 min
Project Title: Analysis of Market Opportunities and Change in Consumer Purchasing Behavior in The Internet Era
Author: Miss Zhang Niu Niu
Advisor: Dr. Tanakorn Limsarun
Degree: Master of Business Administration (International Program)
Major: International Business Management
Faculty: Graduate Schools
Academic year: 2020
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Published:

Conference
Conference Proceedings
National and International Academic Conference “Innovation and Management for Sustainability” 9-10 July 2020

Citation

Zhang, Niu Niu. (2020). Analysis of market opportunities and change in consumer purchasing behavior in the internet era. (Independent study, Master of Business Administration). Bangkok: Siam University.


Abstract

This paper focuses on the changes in consumer purchasing behavior in the Internet era, and studies the market opportunities that consumer purchasing behavior changes bring to companies. With the development of Internet technology and the increasing popularity of smart phones, people’s shopping concepts and shopping habits are gradually changing. The Internet has created a new business environment and life experience for
consumers. This paper mainly uses literature research methods to study market opportunities and changes in consumer purchasing behavior in the Internet era. First, by analyzing the purchasing process and purchasing psychology of consumers to study the purchasing behavior of consumers. This research can predict consumers’ main purchasing desires. In this way, companies can adjust their marketing strategies to meet consumers’ purchasing needs while also improving their economic interests. Then analyzed the status quo of consumers’ purchasing behavior. The research found that consumers’ buying habits are gradually changing from physical shopping to online shopping. Internet marketing has become an inevitable trend to replace traditional marketing with its fast, convenient and interactive functions. This research can help companies analyze market changes, identify opportunities and maximize profits. Therefore, understanding the changes in consumer purchasing behavior in the Internet era is of great significance for companies to formulate marketing strategies, improve their competitive advantages, and win market opportunities.

Keywords: Internet revolution, Online shopping, Consumer behavior.


Analysis of Market Opportunities and Change in Consumer Purchasing Behavior in The Internet Era

Master of Business Administration (International Program), Siam University, Bangkok, Thailand

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