Methodology of an interpretive structural map construction for social commerce success

Autor: Pijo, Hazel, Aguilar, Aethyl, Catarongan, Mitzie Ann, Orioque, Janet, Atibing, Nadine May, Wenceslao, Charldy, Evangelista, Samantha Shane, Aro, Joerabell Lourdes, Maturan, Fatima, Yamagishi, Kafferine, Ocampo, Lanndon
Zdroj: Ekonomia i Zarzadzanie = Economics and Management; September 2023, Vol. 15 Issue: 3 p101-114, 14p
Abstrakt: The factors influencing consumer purchase decisions in electronic commerce platforms and the interrelationships of each element are prevalent in the domain literature. However, a comprehensive analysis of the complex interrelationships among the success factors remains unexplored, especially in a social commerce context. To address the gap, this work evaluates the relationship structure and determines the critical factors using interpretive structural modelling (ISM). On the other hand, the Matrice d’Impacts Croisés Multiplication Appliquée á un Classement (MICMAC) is introduced to analyse the interaction of the factors and recognise the most relevant among them. In demonstrating the ISM-MICMAC analysis, this work performed a case study evaluating 13 factors of social commerce success for food products derived from a previous study. The findings of this work suggest that timeliness, data privacy policy, and Internet connectivity drive most other factors. Thus, focusing the resources on augmenting these factors consequently improves other factors. These findings suggest that sellers must streamline their overall service chain to maintain timeliness in their transactions, safeguard consumers’ data privacy, and uphold consumer communication efficiency to maximise Internet connectivity. These insights provide useful information to help decision-makers in the food industry allocate resources and encourage more consumers for social commerce. Several managerial insights were discussed.
Databáze: Supplemental Index