1 AIT Asian Institute of Technology

Success and failure of electronic commerce : an empirical study of customer satisfaction in online bookstores

AuthorSamantha, Wadu Thanthiri Gunathilaka
Call NumberAIT RSPR no.SM-04-109
Subject(s)Electronic commerce
Consumer satisfaction
Internet bookstores

NoteA research study submitted in partial fulfillment of the requirements for the degree of Master of Business Administration, School of Management
PublisherAsian Institute of Technology
Series StatementResearch studies project report ; no. SM-04-109
AbstractThe emergence of the Internet created significant opportunities for entrepreneurial individuals. With the wide spread uptake of the Internet by ordinary households, business to consumer (B2C) e-tailing seemed an obvious opportunity for entrepreneurs. Sites began online selling directly to consumers, everything from books, to pet supplies, to clothing. This created a frenzy of companies staking their online claim to get a piece of the action. How ever while many of the businesses that were started are successful and striving, the vast majority of them has ceased operations, and went for bankruptcy. There are few common reasons such as poor business plan, lack of senior management experience, poor customer satisfaction and customer service melt down for the all failure dot corns. This study analyzed the common reasons of the failure dot corns deeply while using the literature of selected well known dot com failures. Customer satisfaction has identified as a key factor of business success or failure. This study mainly focuses on measuring customer satisfaction in online retailers. This study developed a conceptual framework to measure online customer satisfaction. Data for study were gathered from face to face interviews and through online survey. Findings revel that there are six major factors significantly effect to the customer satisfaction of online bookstores. The empirical study also confirmed that price and payment security and IT characteristics of the website have significant positive impact on overall customer satisfaction. Finally recommendations were given to investors, venture capitalists and senior management of the online firms who play a vital role in the e-commerce.
Year2004
Corresponding Series Added EntryAsian Institute of Technology. Research studies project report ; no. SM-04-109
TypeResearch Study Project Report (RSPR)
SchoolSchool of Management
DepartmentOther Field of Studies (No Department)
Academic Program/FoSMaster of Business Administration (MBA) (Publication code=SM)
Chairperson(s)Donyaprueth Krairit;
Examination Committee(s)Singha Chiamsiri ;Zimmermann, Willi;
Scholarship Donor(s)AIT Fellowship;
DegreeResearch Studies Project Report (M. Eng.) - Asian Institute of Technology, 2004


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