Understanding consumer online shopping behaviour from the perspective of transaction costs



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421
APPENDIX B 
Summary of the Findings of the Online Vendor and Product Characteristics on Online Shopping Adoption 
Factor types 
Individual factors Surveyed 
Studies 
Major findings 
Risk reduction 
measure 
Money-back 
guarantee( risk 
relievers) 
(Kim and Kim 2004);(Van den Poel and Leunis 1999) 

Store reputation ( risk 
relievers) 
(Jarvenpaa
 et al.
2000);(McKnight
 et al.
2002) ;(Van den Poel and Leunis 1999); (Lee
 et al.
2011a);(Mark and 
Harris 2007) 

Reduced-price ( risk 
relievers) 
(Kim and Kim 2004); (Van den Poel and Leunis 1999) 

Security protection 
(Ha and Stoel 2012); (Ranganathan and Ganapathy 2002);(O’cass and Fenech 2003);(Belanger
 et al.
2002);(Liao and Cheung 2001);(Ranganathan and Grandon 2002);(Swaminathan
 et al.
1999);(Grewal and 
Dharwadkar 2002); (Mark and Harris 2007) 

Privacy 
protection/assurance 
(Ha and Stoel 2012); (Kim and Kim 2004);(Ranganathan and Ganapathy 2002); (Ranganathan and Grandon 
2002); (Belanger
 et al.
2002); (Swaminathan
 et al.
1999);(Tsai
 et al.
2011);(Lee
 et al.
2011a) 

Online store 
feature 
Information 
content/quality 
(Bigne-Alcaniz
 et al.
2008);(Ha and Stoel 2012); (Kim and Kim 2004);(Ranganathan and Ganapathy 
2002);(Perdue 2002);(Ranganathan and Grandon 2002); (Pearson
 et al.
2012) 

Online store design 
(Kim and Kim 2004); (Liang and Lai 2002); (Mark and Harris 2007); (Ranganathan and Ganapathy 
2002);(Quick 1999);(States 1999);(Zimmerman 2002); (Verhagen and van Dolen 2009);(Chau
 et al.
2000);(Childers
 et al.
2001);(Bank 1997);(Bell and Gemmell 1996);(Cho
 et al.
2003);(Fram and Grandy 
1997);(Hoffman
 et al.
1996);(Iacobucci 1998);(Peterson
 et al.
1997);(Powell 2001);(Weinberg 2000);(Udo 
and Marquis 2002); (Eroglu
 et al.
2003a);(Childers
 et al.
2001) (Yoon 2002);



422
Online store image 
(Verhagen and van Dolen 2009);(Van der Heijden and Verhagen 2004); (Fan
 et al.
2013b) 

(Aghekyan-Simonian
 et al.
2012) 
+ (indirectly by decreasing 
risk perceptions) 
E-service 
quality 
Overall e-service 
quality 
(Ahn
 et al.
2004);(Chen and Tan 2004); (Clemes
 et al.
2013);(Lee and Lin 2005); (Liao and Cheung 
2001);(Shih 2004);(Hsu
 et al.
2011);(Schneider and Bowen 1999);(Udo
 et al.
2010);(Sousa and Voss 2012); 
(Pearson
 et al.
2012) 

(Verhagen and van Dolen 2009) 

Reliability
(Ahn
 et al.
2004);(Koyuncu and Bhattacharya 2004);(Raijas 2002);(Cho 2004);(Kim and Kim 2004); (Lee
 et 
al.
2011a); (Mark and Harris 2007) 

Tangibility (Vijayasarathy and Jones 2000) 

Empathy 
(Vijayasarathy and Jones 2000) 

Customer service
quality 
(Anthes 1999);(Burroughs and Sabherwal 2002);(Jarvenpaa and Todd 1997);(Totty 2001) (Kunz 1997); 
(Schneider and Bowen 1999); (Kim and Kim 2004); (Ha and Stoel 2012); (Chung 2001); (Wingfield 2002) 
+ (reliability, responsiveness, 
personalization) 
(Mathwick
 et al.
2001) 
0
Providing good pre-
order information 
(Vijayasarathy and Jones 2000) 

Providing good post-
selection information 
(Vijayasarathy and Jones 2000) 

Product 
characteristics 
Low vs. high cost 
(Product type) 
(Phau and Poon 2000) 
People are more likely to buy 
low cost and frequently 
purchased products 
(Vijayasarathy 2002) 



423
Tangible vs. intangible 
(Product type) 
(Vijayasarathy 2002);(Vijayasarathy 2003); (Phau and Poon 2000) 
People are more likely to buy 
intangible products 
Low vs. high 
differentiation (Product 
type) 
(Phau and Poon 2000) 
People are more likely to buy 
highly differentiated products 
Product value 
(Lee
 et al.
2011a);(Guenzi
 et al.
2009); (Chen
 et al.
2010);(Jarvenpaa and Todd 1997);(Mathwick
 et al.
2001); 
(Vijayasarathy and Jones 2000) 

Merchandising (Anand 
2007);(Schaupp 
and 
Belanger 2005);(Szymanski and Hise 2000);(Cho 2004);(Sin and Tse 2002);(Park
 
et al.
2011);(Verhagen and van Dolen 2009) 

Product brand image
(Aghekyan-Simonian
 et al.
2012) 
+ (directly and indirectly by 
reducing risk perceptions) 
Asset specificity 
(Liang and Huang 1998) 



424

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