A study on factors affecting purchase decision for online apparel among Generation Y consumers in Singapore.

This paper will develop a research model to examine the relationship among online shopping qualities and purchase decision of Generation Y customers in the online apparel industry. We aim to provide a better understanding on how each of the six factors we have identified through literature review -...

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Main Authors: He, Kangyu., Quak, Priscilla Peiyu., Loo, Constance Xin Yi.
Other Authors: Nanyang Business School
Format: Final Year Project
Language:English
Published: 2013
Subjects:
Online Access:http://hdl.handle.net/10356/51591
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Institution: Nanyang Technological University
Language: English
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spelling sg-ntu-dr.10356-515912023-05-19T06:16:15Z A study on factors affecting purchase decision for online apparel among Generation Y consumers in Singapore. He, Kangyu. Quak, Priscilla Peiyu. Loo, Constance Xin Yi. Nanyang Business School Li Zhi-Feng, Michael DRNTU::Business This paper will develop a research model to examine the relationship among online shopping qualities and purchase decision of Generation Y customers in the online apparel industry. We aim to provide a better understanding on how each of the six factors we have identified through literature review - Website Design, Customer Service, Trust, Product, Price and Product Availability, as well as demographic factors, affect purchase decision. The results of our study will also help online retailers understand the managerial implications involved. Data from the 258 Gen-Y respondents of our online questionnaire was used to test the research model. Normality and reliability of the data were examined, while one-sample t-tests, paired t-tests and binary logistic regression were used to confirm our hypotheses and test the model. All six factors, Trust, Product, Customer Service, Price, Website Design and Product Availability affect purchase decision directly and are listed in decreasing importance. High frequency of online purchase and monthly allowance are also associated with higher purchase decision. This study suggests that online stores should develop strategies such as exchange policies to enhance trust, provide accurate measurements to encourage purchase and implement incentive programs to attract customers with high frequency of online purchase to increase purchases. BUSINESS 2013-04-05T06:57:44Z 2013-04-05T06:57:44Z 2013 2013 Final Year Project (FYP) http://hdl.handle.net/10356/51591 en Nanyang Technological University 74 p. application/pdf
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic DRNTU::Business
spellingShingle DRNTU::Business
He, Kangyu.
Quak, Priscilla Peiyu.
Loo, Constance Xin Yi.
A study on factors affecting purchase decision for online apparel among Generation Y consumers in Singapore.
description This paper will develop a research model to examine the relationship among online shopping qualities and purchase decision of Generation Y customers in the online apparel industry. We aim to provide a better understanding on how each of the six factors we have identified through literature review - Website Design, Customer Service, Trust, Product, Price and Product Availability, as well as demographic factors, affect purchase decision. The results of our study will also help online retailers understand the managerial implications involved. Data from the 258 Gen-Y respondents of our online questionnaire was used to test the research model. Normality and reliability of the data were examined, while one-sample t-tests, paired t-tests and binary logistic regression were used to confirm our hypotheses and test the model. All six factors, Trust, Product, Customer Service, Price, Website Design and Product Availability affect purchase decision directly and are listed in decreasing importance. High frequency of online purchase and monthly allowance are also associated with higher purchase decision. This study suggests that online stores should develop strategies such as exchange policies to enhance trust, provide accurate measurements to encourage purchase and implement incentive programs to attract customers with high frequency of online purchase to increase purchases.
author2 Nanyang Business School
author_facet Nanyang Business School
He, Kangyu.
Quak, Priscilla Peiyu.
Loo, Constance Xin Yi.
format Final Year Project
author He, Kangyu.
Quak, Priscilla Peiyu.
Loo, Constance Xin Yi.
author_sort He, Kangyu.
title A study on factors affecting purchase decision for online apparel among Generation Y consumers in Singapore.
title_short A study on factors affecting purchase decision for online apparel among Generation Y consumers in Singapore.
title_full A study on factors affecting purchase decision for online apparel among Generation Y consumers in Singapore.
title_fullStr A study on factors affecting purchase decision for online apparel among Generation Y consumers in Singapore.
title_full_unstemmed A study on factors affecting purchase decision for online apparel among Generation Y consumers in Singapore.
title_sort study on factors affecting purchase decision for online apparel among generation y consumers in singapore.
publishDate 2013
url http://hdl.handle.net/10356/51591
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