Party trust, control trust and 'blind' trust in business to consumer electronic commerce
Farrell, Vivienne and Scheepers, Rens 2008, Party trust, control trust and 'blind' trust in business to consumer electronic commerce, in Proceedings of the IADIS International Conference on e-Commerce, 2008, IADIS International Conference on e-Commerce, [Amsterdam, The Netherlands], pp. 55-62.
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Party trust, control trust and 'blind' trust in business to consumer electronic commerce
Trust has been recognized as one of the main reasons for Business to Consumer (B2C) e-commerce (EC) not reaching the predicted sales targets. There are acknowledged trust engendering factors under the control of the company. Small to medium enterprises (SMEs) are at a disadvantage in the world of e-commerce not having the size or the reputation of their larger counterparts to portray themselves in an equivalent manner which would engender trust. We have undertaken case studies of successful B2C, SMEs to establish their methods for establishing trust. This research found that by developing benevolent communities SMEs can encourage trust in their company to such an extent that a “blind trust” is practiced ignoring the recognized trust factors. The implications for the SMEs are that there exists a method by which they can compete in the e-commerce market to attain consumer trust without adhering to the stringent trust factors.
ISBN
9789728924669
Language
eng
Field of Research
080699 Information Systems not elsewhere classified
Socio Economic Objective
970108 Expanding Knowledge in the Information and Computing Sciences