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Kavala 2007 Greenwich University MSc Finance and Financial Information Systems ‘Electronic Commerce, Customers’ satisfaction in the Greek on line shopping context’ By Konstantinos Theodoridis Supervision by Dr Dimitrios I. Maditinos
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Page 1: Greenwich Universitydigilib.teiemt.gr/jspui/bitstream/123456789/3557/1/03DSSZ01Z0105.pdfKavala 2007 Greenwich University MSc Finance and Financial Information Systems ‘Electronic

Kavala 2007

Greenwich University

MSc Finance and Financial Information Systems

‘Electronic Commerce,

Customers’ satisfaction in the Greek on line shopping context’

By Konstantinos Theodoridis

Supervision by Dr Dimitrios I. Maditinos

Page 2: Greenwich Universitydigilib.teiemt.gr/jspui/bitstream/123456789/3557/1/03DSSZ01Z0105.pdfKavala 2007 Greenwich University MSc Finance and Financial Information Systems ‘Electronic

Special Thanks to Dr Dimitrios I. Maditinos

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Table of contents

ABSTRACT ............................................................................................................................... 4

1. INTRODUCTION .................................................................................................................. 5

1.1 Defining e-commerce ................................................................................................................................... 5

1.2 E-commerce evolution ................................................................................................................................. 5

1.3 E-commerce in Greece ................................................................................................................................. 7

1.4 Summary ...................................................................................................................................................... 7

2. LITERATURE REVIEW ....................................................................................................... 8

2.1 introduction .................................................................................................................................................. 8

2.2 Customer satisfaction .................................................................................................................................. 9

2.3 On line shopping attributes ....................................................................................................................... 11

2.4 Satisfaction indexes .................................................................................................................................... 15

2.5 Loyalty and trust ........................................................................................................................................ 17

2.6 Summary .................................................................................................................................................... 20

3. METHODOLOGY ............................................................................................................... 20

3.1 Introduction................................................................................................................................................ 20

3.2 Relevant methodologies ............................................................................................................................. 21

3.3 Conceptual framework .............................................................................................................................. 29

3.4 Hypotheses development ........................................................................................................................... 31

3.5 Instrument development ........................................................................................................................... 34

3.6 Summary .................................................................................................................................................... 36

4. EMPIRICAL RESULTS ...................................................................................................... 37

4.1 Introduction................................................................................................................................................ 37

4.2 Sample selection ......................................................................................................................................... 38

4.3 Respondent’s profile .................................................................................................................................. 39

4.4 Satisfaction index ....................................................................................................................................... 40

4.5 Construct validity and reliability analysis ............................................................................................... 41

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4.6 Hypotheses tests ......................................................................................................................................... 44

4.7 Regression analysis .................................................................................................................................... 48

4.8 Discussion ................................................................................................................................................... 52

4.9 Summary .................................................................................................................................................... 54

5. CONCLUDING REMARKS ............................................................................................... 54

6. REFERENCES ..................................................................................................................... 57

APPENDIX A. QUESTIONNAIRE ........................................................................................ 64

APPENDIX B. SPSS OUTPUT TABLES ............................................................................... 71

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Abstract

This study explores the relationship of several web shopping characteristics and

electronic customers’ purchasing behavior. Results of a survey with 359 Greek on-line

customers indicated that product information quality is the most significant determinant of

satisfaction, while user interface quality, service information quality, purchasing process

convenience, security perception and product attractiveness have significant impact on overall

satisfaction with variable importance weights. Furthermore in this study we investigate the

effect of overall satisfaction on customer’s post purchase behavior and loyalty which are

expressed with their repurchase and revisit intentions. This relationship reveals that a

generally satisfied customer not only is likely to revisit and repurchase from a specific web

store but also to increase his repurchasing and revisiting frequency in the future. Therefore

overall satisfaction significantly increases loyalty.

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1. Introduction

1.1 Defining e-commerce

The trading of goods and services over computer mediated networks is a quite

descriptive definition for electronic commerce. In this context, payment and/or delivery of

products is not necessarily conducted over such a network. Additionally, e-commerce is

mainly based on a graphic interface comprised of pictures, images and video clips (Lohse and

Spiller, 1998). The primary distinction between electronic commerce and traditional

commerce is the way in which information is exchanged and processed. This means that

instead of being exchanged through direct personal contact, information is transmitted via a

digital network, or some other electronic channel. Finally, the internet based commerce

enables consumers to make an extended search for product information but also to purchase

products or services through direct interaction with the on-line store.

1.2 E-commerce evolution

The great advent of the World Wide Web enormously increased the development

possibilities of e-commerce. This Business to Customer (B2C) interaction through an online

virtual store offers many advantages mainly concerning the ability of on-line commerce

practitioners to trace customers’ purchasing behavior. Apart from that however, e-commerce

gives its practitioners the opportunity to collect valuable information about their customers’

profile (Moe and Fader, 2002). Bucklin et al. (2002) conclude: ”The detailed nature of the

information tracked about internet usage and e-commerce transactions, presents an

enormous opportunity for empirical modelers to enhance the understanding and prediction of

choice behavior”.

Quelch and Klein (1996) suggest that the internet would revolutionize international

marketing. The years that followed, the usage of the World Wide Web increased sharply and

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became accessible to all market segments and target groups. The internet, at that time, was a

promising technology with unlimited applications that was expected to transform modern day

life. As a consequence, the e-commerce shakeout was impending and managers claimed that

the internet would help firms to reach vast numbers of customers all around the globe,

minimise storage and transaction costs and eliminate information asymmetries between

buyers and sellers. The great revolution challenged many successful businesses to enter the

new economy.

In the last decade however, things turned out to be much more pessimistic than the

preceding years, since the e-commerce revolution did not prove to happen as originally

envisioned. Nielsen (1999) predicts a web usability meltdown for many e-businesses because

of their rush to deploy web sites that don’t meet the needs of the targeted user groups. From

the very beginning of the millennium, internet based firms begin to go bankrupt in a

“domino” fashion and the most sizeable bubble of the modern years suddenly bursts

(Lightner, 2003). The causes of this major failure are complex and many researchers ever

since are trying to identify them. Thus, the last decade in particular a key issue in e-commerce

literature is the explanation and measurement of customer satisfaction. Subsequently the most

crucial consideration is the exploration of the determinants (and the relationships between

them) of on-line customers’ satisfaction, loyalty, trust and post purchase behavior (see: Delone

and Mclean, 1992; Jarvenpaa and Todd, 1996; Kim and Park, 1997; Ho and Wu, 1999; Kim,

1999). Therefore, analyzing consumers’ level of satisfaction becomes of special interest for

businesses, academics and marketing experts (Oliver, 1980) because it is closely related to the

level of customer loyalty and therefore to intentions for repeated purchase (Anderson, Fornell

and Lehmann, 1994).

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1.3 E-commerce in Greece

E-commerce in Greece has started receiving attention only in the late nineties mainly

due to the slow development of internet and its low infusion rate until that time (Sungbin,

Byun and Sung, 2003). This is the most serious suspending factor for the development and

implementation of e-commerce in Greece. The late nineties however, there seems to be a

tendency for adjustment to the average European e-commerce usage level. Specifically,

according to AGB Nielsen and the Information Society Observatory’s1 (E-metrics, 2006)

research about the use of internet and its applications in Greece, about 69.5% of Greek

internet users have established at least one on-line purchase in the year 2006, increased by 2%

from the previous year and by 14% from the year 2004. Furthermore, 91% of the Greek

internet users that have established at least one on-line purchase intent to repeat their purchase

within a six month time. Finally, there seems to be a slight precedence in favor of Greek on-

line stores versus foreign ones, as 53.5% of respondents that have established at least one on-

line purchase mostly prefer Greek on-line stores in contradiction to the 46.5% that mostly

prefer foreign ones. E-commerce activity however is still limited to the high technology

products and books, while a very small amount of web stores also offers tickets booking

services.

1.4 Summary

The great advent of the internet led to a vast development of electronic commerce

worldwide. The great failure however of electronic companies in the late nineties triggered

many academics and businesses to examine the causes of the failure emerging an extending

1 AGB Nielsen is one of most sizeable market research corporations and specializes in mass and electronic

media research. E-metrics is an annual survey of Greek internet users and is conducted with the support of the

Information society observatory. E-metrics of 2006 was conducted at a sample of 31,889 internet users from

October 2006 to November 2006.

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literature on e-customers’ satisfaction. Furthermore, the low internet infusion in Greece

slowed down the development of electronic commerce even more. Based on a literature

review, that is presented in the next section, we explore the main determinants of customers’

satisfaction and its impact on customers’ post purchase behavior in the Greek on-line

shopping context.

2. Literature Review

2.1 Introduction

Comprehension and measurement of customers’ satisfaction has started receiving

attention in literature from the initiation of information systems applications (see: Ein-Dor

and Segev, 1978; Ives and Olson, 1984, among others). Scholars worldwide give various

definitions of satisfaction and a plethora of studies are dealing only with this specific issue.

Other studies are exploring antecedents for a web store success in general and try to identify

the web stores’ attributes that would lead to a successful performance. Moreover, trust and

loyalty are considered strong determinants for customers’ post purchase behaviour and for

this reason a significant number of studies examine associations between trust, loyalty,

satisfaction, repurchase and profitability (Wang, Tang and Tang, 2001). Furthermore, some

metrics were developed in order to give an algebraic measurement of satisfaction which can

be produced not only to study differences across various marketplaces but also to give an

absolute measurement for a single marketplace in different periods of time. Also, some

metrics are dealing with satisfaction measurement for a single web store in order to produce

useful and comparable conclusions. Several studies and their main purposes and findings

concerning e-commerce customers’ satisfaction are presented in this chapter. These studies

are the base for the conception of our research framework.

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2.2 Customer satisfaction

Current literature on customer satisfaction converge that the most direct determinant

of satisfaction is expectation followed by perceived performance (Kim, 2005). Two principal

interpretations of satisfaction prevail: satisfaction as a process and satisfaction as an outcome

(Parker and Mathews, 2001). The value percept theory views satisfaction as an emotional

response triggered by a cognitive evaluative process (Parker and Mathews, 2001). Earlier

concepts however, define satisfaction as an evaluative judgement concerning a specific

purchasing decision (Oliver, 1997). Swan and Combs (1976) were among the first to argue

that satisfaction is associated with performance that fulfils expectations, while dissatisfaction

occurs when performance falls below expectations.

Traditional models concerning satisfaction implicitly assume that customer

satisfaction is the result of cognitive processes, while more recent conceptual developments

suggest that affective processes may also contribute substantially to the explanation and

prediction of consumer satisfaction (Westbrook and Oliver, 1991). Kotler (2000) states that

satisfaction is a person’s feelings of contentment or disappointment resulting from comparing

a product’s perceived performance, in relation to his or her expectations (Kotler, 2000). The

hypothesis however that satisfaction affects customers’ future behaviour (revisit frequency

and repeated purchase) not only is intuitively strong but also empirically supported by studies

that explore a link between satisfaction, loyalty and profitability (see: Fornell and Wernerfelt,

1987; Anderson, Fornell and Lehmann, 1994, among others).

Many scholars in the field of electronic commerce and information systems regard the

work of Delone and Maclean (1992) as a major breakthrough. Molla and Licker (2001)

recognise the existing similarities between e-commerce systems and other information

systems and are stimulated to exploit the possibilities of extending the theories about

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information systems success to the e-commerce context. With a relevant study they make an

attempt to apply and extend Delone and Maclean’s (1992) established model to e-commerce

success. To do so, they define an independent variable called customer e-commerce

satisfaction (CES) that should be treated as a product of a continuous process of satisfaction

and reformulation. Continuous assessments enable the identification of trends and the

evaluation of customer e-commerce satisfaction in depth of time. Furthermore, customer e-

commerce satisfaction has to be regarded cross-culturally, because there are many companies

that do business globally, thus satisfaction may be depicted on different dimensions in various

cultures (Molla and Licker, 2001) (Molla and Licker, 2001).

In the e-commerce context, there is a great gap between customer needs and the way

that a company perceives them (Cox and Dale, 2001). When management in particular

misinterprets the customer needs, the customer’s evaluation for service quality will not be

objective. Heskett et al. (1994) exploit this fact and highlight the importance of high

customer satisfaction for a good financial performance. Lin (2003) in an attempt to address

this gap argues that providing the highest delivered value by e-commerce can be considered

as a real contribution to customers and identifies three dimensions that significantly

influences customer satisfaction which are: customer need, customer value and customer cost.

Boyer, Tomas and Hult (2006) with their study for the British on-line groceries market

reveal that customer perceptions of overall satisfaction gets better as they gain experience

with the new method of ordering and receiving groceries. Furthermore, the choice of picking

method seems to have a large impact on overall customer satisfaction in particular for the

experienced users. Service and product quality as well as time savings also affect significantly

customers’ purchasing intentions. Boyer, Tomas and Hult (2006) base their study on the

groceries market which is one of the most universal commodities and the major initiative

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(called efficient consumer response) to modernise the supply chain, whose volatility and

uncertainty is responsible for a large portion of hidden costs for trading (Frankel, Goldsby and

Whipple, 2002).

Poel and Buckinx (2005) finally use different types of predictors to forecast

purchasing behavior. Their study incorporates predictors that were used in past studies while

they also introduce some new ones. This way the scholars incorporate data concerning not

only web site visiting frequency but also the kind of web stores, historical purchases and

detailed customer demographics which increase the performance of the model. Their model is

a powerful on-line purchasing behavior instrument which offers a better way to classify

customers concerning their future on-line purchase behavior.

2.3 On-line shopping attributes

Many studies are exploring the online shopping attributes for a successful

performance of a web store (see: Jarvenpaa and Todd, 1997; Lohse and Spiller, 1998;

Syzmanski and Hise, 2000; Liu and Arnett, 2000, among others). These studies make a

general classification of on-line stores’ attributes into four categories: a) merchandise, which

includes product related characteristics such as assortment, variety and product information

(Jarvenpaa and Todd, 1997); b) customer service and promotions, that is careful, continuous

and useful communication with customers across geographic barriers, (Lohse and Spiller,

1998); c) navigation and convenience, which is closely related to the user interface, store

layout, organisation features and ease of use (Szymanski and Hise, 2000); d) security

perception, which mainly deals with customers’ trust and safety of transactions (Elliot and

Fowell, 2000; Szymanski and Hise, 2000).

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Based on the four attribute categories, Park and Kim (2003) examine consumer’s

relational purchasing behaviour in an on-line shopping context and find that user interface

quality, service information quality, security perception and site awareness have significant

effects on consumer’s on-line store commitment. The most important factor, however, among

the four, is service information, the quality of which enables consumers to reduce costs of

information search and processing (Alba et al., 1997) although some factors that affect

consumer purchasing behaviour (see: Jarvenpaa and Todd, 1997; Lohse and Spiller, 1998;

Syzmanski and Hise, 2000; Liu and Arnett, 2000, among others) such as price and promotion

are excluded from Park and Kim’s (2003) research.

Segmenting consumers into four categories according to their involvement and

whether they are innovators or adaptors Park and Kim (2003) reveal a robust causal link

between consumers’ brand loyalty and website loyalty as well as a close link between

consumers’ cognitive style or involvement type and their website loyalty. Justified by the fact

that consumers’ brand loyalty gives companies a sustainable competitive advantage (Gounaris

and Stathakopoulos, 2004) other scholars propose that website managers can effectively

enhance consumers’ website loyalty by targeting their underlying cognitive involvement as

each segment will respond to internet activities in a different way.

In literature there are different dimensions of shopping on-line and various tests about

their relationship with satisfaction (see: Kim, 2005; Javenpaa and Todd, 1996; Alba et al.,

1997; Raymond, 1985; Baroudi and Orlikowski, 1988; Doll and Torkzadeh, 1988; Davis,

1989, among others). Furthermore, there are several characteristics of an online shopping

experience that may be related to the users’ demographic data (Bellman, Lohse and Johnson,

1999). Preferences in e-commerce sites are differentiated by age, education and income

(Lightner, 2003). In Lightner’s (2003) study as respondents increase in age, income or

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education the preferences impact of on-line shop characteristics become less important, while

reputation of the vendor rise. Lightner (2003) summarises that preferences are much clearer

for the mature affluent customers whose sensory impact is not affected by complicated and

fancy design elements. This customer group is more concerned about products that meet their

needs regardless of price. On the other side, younger and less affluent target groups are more

concerned on product information and their sensory impact is more affected with sense

invoking design. Price in this study doesn’t seem to be a major issue for this target group

(Lightner, 2003).

Internet is being widely used for commercial activity (Liu and Arnett, 2000; Robbins

and Stylianou, 2003). In light of this fact many e-commerce firms are developed and they

highly depend on customers’ visits to their web stores, purchases and, more importantly,

customers’ post purchase behaviour (revisit and repurchase) (Smith and Merchant, 2001).

Cao, Zhang and Seydel (2005) make an effort to pool together a set of factors that they were

proved to affect the quality of an on-line store, following Liu and Arnett’s (2000) crucial

factors that lead to e-commerce success (information quality, system use, playfulness and

system design quality). These factors are proved to affect customers’ preferences and

intentions and finally make them repeat customers. Thus, Cao, Zhang and Seydel (2005) view

the on-line store’s quality from a customer’s perspective and transform their web-site quality

attributes in functionality, content, service and attractiveness. Their research model is built

upon technology acceptance model (TAM), (Davis, 1989), information systems success

model (Parasuraman, Zeithaml and Berry, 1988), and the trust concept (Delone and McLean,

1992). They finally conclude that, information quality, system quality and service quality of

an on-line store, plays an important role in affecting customers’ perceptions although

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attractiveness is less critical in the business to business (B2B) context in which their research

takes place.

A research that is conducted by Zviran, Glezer and Avni (2006), incorporates the

parameter of web sites type differentiation in the concept of user satisfaction. The World

Wide Web hosts web sites of variable types with great differences in target audiences, making

it difficult to classify them. However, several attempts to do such a classification are made.

Hoffman, Novak and Chatterjee (1995) for instance propose a classification of commercial

web sites into six categories: online storefront, internet presence, content, mall, incentive, and

search agent. Additionally, Cappel and Myerscough (1996) classify the business use of the

World Wide Web into marketplace awareness, customer support, sales, advertising, and

electronic information services.

Zviran, Glezer, Avni (2006) adopt the compact IBM (1999)2 classification of web sites

which is based to the volume of traffic and finally propose a classification of five types of

high-volume web sites: publish/subscribe, online shopping, customer self-service, trading,

and B2B, from which they exclude the last one for overlapping the other four. Finally, they

empirically investigate the effect of user-based design and web site usability on user

satisfaction across the four proposed types of commercial web sites. The study’s findings

indicate that web sites have a great range of hidden and subjective factors that act beyond the

process of user and system interaction and affect overall user satisfaction which could serve

the development and maintenance phases of web site creation. By refining other recent studies

the authors conclude that Web site success is not related only to usability measures but also

incorporates the user-based design construct (Zviran, Glezer and Avni, 2006).

2 IBM, Summary of high-volume Web site classifications, 1999.

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2.4 Satisfaction indexes

A variety of metrics are developed for the evaluation of e-commerce success such as

page hits, views and conversion rates. Quaddus and Achjari (2005) incorporate in their

research both operational and strategic measures differentiating driving and impeding factors

according to their contribution to e-commerce success. The results indicate that organisations

usually take into consideration the advantages of information technology but ignore the

factors that may stop their achievement. The main purpose of e-commerce use by

organisations is to achieve benefits from its use such as cost savings and customer

relationship management services for customers (Quaddus and Achjari, 2005). Besides e-

commerce apart from the electronic buying and selling purchasing process includes all the

other activities that support the sale process (Applegate et al., 1996). Quaddus and Achjari

(2005) suggest that increased benefits from the use of e-commerce can predict the perceived

expected success of its use although lowering constraints does not significantly affect the

success of e-commerce.

Kim (2005) applies the concept of ‘satisfaction’ in three different perspectives:

management information systems (MIS), marketing and e-commerce. In his study he

develops an index using a weighted sum model to measure satisfaction, viewed from these

three different aspects. Kim (2005) views e-customers not only as computer users but also as

consumers. Kim’s (2005) study is considered by its author as the first step to integrate

satisfaction literature, as he identifies a large set of variables retrieved by a large collection of

studies (see: Bailey and Pearson, 1983; DeLone and McLean, 1992; Anderson, Fornell and

Lehmann, 1994; Arnott and Bridgewater, 2002, among others). Kim in his study makes an

attempt to produce an instrument for measuring e-commerce end-user satisfaction based on

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similar models that use weighted sum indexes to measure satisfaction (see: Raymond, 1985;

Baroudi and Orlikowski, 1988; Doll and Torkzadeh, 1988; Davis, 1989).

Cho and Park (2001) in their study for the development of electronic commerce user-

satisfaction index (ECUSI) make an effort to produce a way of measuring the overall end-user

satisfaction. Trying to illustrate various existing patterns within the on-line shopping

environment they view e-customers from two different perspectives. To measure their

satisfaction they regard them as both customers of a retail business and users of information

technology. The development of their satisfaction index is closely related to the test of the

underlying theoretical relationship among related constructs (Bagozzi, 1994). The score of

this instrument is directly related to the future purchasing intention of on-line customers,

because it is directly influenced by the research model constructs (Cho and Park, 2001). Cho

and Park’s (2001) study is very similar to Kim’s (2005) in calculation of the satisfaction

index.

Finally Wang, Tang and Tang (2001), present another e-commerce satisfaction

measurement tool tested on member customers of web sites that market digital products and

services. Considering existing satisfaction measurement models inapplicable as they referred

to conventional data processing or the end-user computing environment, they produce a

generally applicable instrument providing a common framework for the comparative analysis

of results from various other studies (see: Churchill, 1979), with the use of advanced

statistical techniques. In specific, this tool can be used to compare customer information

satisfaction for different websites incorporating specific factors (customer support, security,

ease of use, digital products/services, transaction and payment, information content, and

innovation).

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2.5 Loyalty and trust

As the base of potential online customers increases, consumer loyalty and trust, is

regarded as the core of brand equity (Aaker, 1991), a basis for a price premium (Aaker, 1996)

and an essence of the relationship between business and consumer (Reichheld, 1996).

Following these facts, literature concerning commercial trust and especially web trust has

started to become richer. The internet era however, created a brand new B2C e-commerce

market which is so new that today there is a lack of extended literature investigating

consumer loyalty and trust in this market.

Wang et al. (2005) propose a model to describe how consumers transfer their existing

brand loyalty in the traditional retail market to the same brand’s website in an on-line

shopping context and how their perceived risk at the brand’s website intervenes with this

loyalty transformation. Wang et al. (2005) make an effort to fill the gap to the limited

literature investigating consumer loyalty in the e-commerce context following the study of

Jarvenpaa and Todd (1997).

As Internet is becoming an essential business tool for trading, distributing and selling

products between organisations and consumers (Barnes and Vidgen, 2000), the interest for

building strong relationships with e-customers is increasing. It is known that trust is a

fundamental principle for every business relationship (Hart, Saunders and Power, 1997) and

therefore a crucial stimulator for electronic purchasing (Quelch and Klein, 1996). This is

illustrated in Keen’s (1997) study in which he argues that the lack of consumer trust is the

most significant long-term barrier for the development of internet shopping and

comprehending the impact that internet marketing have.

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Corbitt, Thanasankit and Yi (2002) try to identify the key trust-related factors in the

B2C context as well as to propose a framework based on relationships among these factors by

testing a set of hypotheses. They find trust, to be caused predominately by three sources: e-

commerce reputation in general, the consumers, and the specific e-commerce web site.

Findings of the research also suggest that the likelihood of purchasing on-line is positively

related to the perceived trust in e-commerce and to experience in internet usage.

The issue of security in particular is both of a short and long term concern. Furnell and

Karweni (1999) imply that not only future but also current web customers are concerned

about security problems. They try to examine the requirement of all stakeholders for

technologies that will provide a basis for trust in an e-commerce context. They conclude that,

although there is a significant concern among on-line consumers about the security of their

on-line purchases, the benefits offered by the medium, diminishes them. Furnell and Karweni

(1999) also reveal that there is a lack of awareness or understanding of the available security

technologies and this is a major problem because it prevents the establishment of a wider

foundation of trust based on the new technology.

Another major barrier for further e-commerce growth is the lack of consumer

confidence in web stores (Kaplan and Niescwietz, 2003). This fact leads many researchers to

focus on e-commerce trust and its impact on purchasing intentions. Kaplan and Niescwietz

(2003) examine two factors that may minimise trust barriers on customers’ on-line purchasing

intentions. These factors are whether a web trust seal is displayed on an on-line store and the

popularity of the site. They propose that each one of these factors significantly affect future

purchasing intentions. This proposition is supported by their research model, while statistic

tests reveal that both web trust seal as well as popularity of an on-line store have a significant

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effect on purchasing intentions. The scholars however, regard the fact that benefits of web

trust are driven by changes in assurance beliefs, as the most important finding of this study.

E-commerce nowadays generates huge revenues for modern firms (Modahl, 2000) and

offers the capability to purely domestic firms to trade globally (Quelch and Klein, 1996).

However, there is very confined literature on how antecedents to internet-based purchasing

affect the customer intentions to shop on-line and interact with each other. For instance,

purchasing on-line may be inhibited by the suspicions and risks connected to the use of

technology, mostly within international transactions (Gefen, 2000). This fact is identified as a

major factor that affects consumer purchasing decisions (see: Bauer, 1960; Dowling and

Staelin, 1994; Weber, Blais and Betz, 2002, among others). Kuhlmeier and Knight, (2003)

emphasise the need to overcome the negative image that on-line shopping may present to

consumers in global markets, although their research’s findings do not apply cross-culturally

due to different distribution rates of internet technology around the world (Kuhlmeier and

Knight, 2003). Their study is based on other studies with similar goals (see: Verhage, Yavas

and Green, 1990; Mitchell and Vassos, 1997; Weber and Hise, 1998; Makhija and Stewart,

2002).

Lancastre and Lages (2005) find that trust and commitment are the main factors for e-

customer cooperation, which is positively affected by termination costs, supplier relationship

policies and practices, communication and information exchange, while it is negatively

affected by product prices and opportunistic behavior. Furthermore, their findings support that

trust is a prerequisite of commitment development. Researchers reinforce the idea that

customer relationship process should be viewed as a long term rewarding process (Lancastre

and Lages, 2005). Based on the concept that in the electronic market context, marketing is

required to perform new roles, such as customer support service (Kalyanam and Mcintyre,

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2002) which is closely associated with trust, commitment, and cooperation, they encourage

suppliers to view customers’ position more closely before taking relationship management

decisions.

2.6 Summary

In this section some of the most representative studies about satisfaction and the

prerequisites that an on-line store should fulfill to meet satisfaction criterions, were presented.

Some of the dominant satisfaction determinants that were presented in this section are

accordingly modified and incorporated to our approach of e-customer satisfaction in the

Greek on-line shopping context. Consequently, some of the prevalent methodologies that

were developed to address the issue of measuring satisfaction and its impact on post purchase

behavior are presented in the next section.

3. Methodology

3.1 Introduction

The common objective in most of the studies about customer satisfaction is to define

the factors that mostly affect customers’ experience when shopping on-line. This objective is

approached from different points of view by many scholars across the world, since there is a

plurality of factors that may satisfy this convention. Although different methodological

approaches are used to address this problem, most of the literature presents surveys on

customers to test sets of hypotheses and explore relationships between the satisfaction

determinants, based on theoretically conceived research models. However, there are also

some studies that produce an algebraic score of overall satisfaction using a sum weighted

formula such as Kim’s (2005) ECUSI (E-commerce User Satisfaction Index) that was

presented in chapter two. The prevailing studies that are used as drivers for the development

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of our study’s methodology are those of Zviran Glezer and Avni (2006), Wang et al. (2005),

Kim (2005), Kuhlmeier and Knight (2003), Park and Kim (2003), Cho and Park (2001),

Wang and Strong (1996) where a set of on-line shopping attributes are checked for

influencing customers’ overall satisfaction and repurchase intention. Furthermore the

calculation of the algebraic satisfaction score is also used in our study. Other studies (see:

Kuhlmeier and Knight, 2003; Delone and Maclean, 1992; Gwinner, Gremmler and Bitner,

1998 among others) help in reaching the main objective of our research, which is to test the

relationship between a set of on-line shopping attributes to the overall customer satisfaction in

the Greek web shopping context. Moreover, these studies also provide a list of satisfaction

items for the development of our research instrument but also present various methodological

views, which help in conceiving the conceptual framework of this research.

3.2 Relevant methodologies

In an attempt to identify the key factors that can affect on-line customer purchasing

behavior, Park and Kim (2003) develop a research model to test whether some selected on-

line shopping attributes alter customers’ perception of an on-line store. They use two

constructs, “information satisfaction” (see: Delone and Maclean, 1992; Wang and Strong,

1996) and “relational benefit” (see: Gwinner, Gremmler and Bitner, 1998) as mediating

factors between the main constructs and consumers’ purchasing behaviour (Crosby and

Stephens, 1987). In their study, Park and Kim (2003) conceptualise information satisfaction

as “an emotional reaction to the experience provided by the overall information service”

following the definition of Westbrook (1983). The set of factors they use in order to build

their research model were proved to affect customers’ purchasing behaviour.

First of all “information quality” (Delone and McLean, 1992), which is divided into

product information quality and service information quality, refers to the information

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provided by the on-line store for product characteristics and service rendering respectively.

They identify six components to determine information quality which are: relevancy, recency,

sufficiency, playfulness, consistency and understandability (see: Delone and McLean, 1992;

Wang and Strong, 1996), which are adopted, after slight adaptations, by our study’s

methodology. Park and Kim (2003) develop their first hypothesis as follows:

H1: There is a positive relationship between information satisfaction and information quality.

“User interface quality” is another factor which refers to site design and layout,

information search convenience and easy navigation sequence (Spiller and Lohse, 1997). Park

and Kim (2003) use four items to measure user interface quality which are: convenience for

ordering and searching products, ease of navigation and user friendliness, which are also

adapted to be used in this study’s methodology. Thus their second hypothesis is as follows:

H2: There is a positive relationship between information satisfaction and user interface

quality.

“Security perception” is the last factor tested for affecting information satisfaction by

Park and Kim (2003). Gefen (2000) proves that consumers are concerned about payment

security, reliability and privacy policy. Based on Gefen (2000), Park and Kim (2003) identify

three items to describe security perception which are: payment security, sufficient privacy

policy information and reliable private information management. Therefore their third

hypothesis is the following:

H3: There is a positive relationship between information satisfaction and security.

Relational benefit is defined as “the benefit that customers receive from long term

relationships above and beyond the core service performance” (Gwinner, Gremmler and

Bitner, 1998). Based on this definition Park and Kim (2003) test the following hypotheses:

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H4: There is a positive relationship between information quality and relational benefit

H5: There is a positive relationship between security perception and relational benefit

“Site awareness” is also included in their research and is retrieved from Aaker (1991)

who defines site awareness as “the ability of a buyer to recognise or recall that a site is a

member of a certain service category”. The hypothesis that Park and Kim (2003) test was the

following:

H6: There is a positive relationship between site awareness and relational benefit.

Finally Park and Kim (2003) prove that both “information satisfaction” and “relational

benefit” are positively related to site commitment which is positively related to purchasing

behaviour. This is a hypothesis that is investigated by many other studies (see: Garbarino and

Johnson, 1999; Hocutt, 1998 among others) who argue that a committed customer will revisit

an on-line store and make repeated purchases. The hypothesis that Park and Kim (2003) test

are the following:

H7: Information satisfaction is positively related to site commitment.

H8: Relational benefit is positively related to site commitment.

Park and Kim’s (2003) study is based on a web based questionnaire hyperlinked to

selected on-line bookstores. Respondents were Korean members of the specific bookstores.

The survey period was from three to four weeks for each selected bookstore and the number

of valid and usable questionnaires was 602. The validity of each construct is assessed with

principal component factor analysis using VARIMAX rotation. The result of this study is that

user interface quality, product and service information quality as well as security perception

and site awareness have significant effects on site commitment, while information satisfaction

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and relational benefit have a significant mediating effect between the selected satisfaction

determinants and consumers’ purchasing behaviour.

Kim (2005), in his attempt to develop an index of measuring satisfaction, collects a

large set of variables from an extended literature review on satisfaction. This way, he comes

up with 126 variables related to customer satisfaction of which only 52 are finally used due to

overlapping and similarities among them. In his proposed research model he examines ten

factors and associates them with e-commerce overall satisfaction, repurchase frequency and

repurchase intention. Kim’s research model is actually a weighted average sum model,

advanced by extending the number of independent satisfaction constructs and by linking

satisfaction with two more independent variables, repeated purchase intention and purchase

behavior. Richnis (1983), Ho and Wo (1999), Lee (1999) and Vijayasarathy and Johnson

(2000) are some of the main and most completed studies that Kim relies on to retrieve

variables and incorporate them into his research.

Kim’s (2005) research model is tested in a sample of respondents consisting of 40 per

cent on-line Korean shoppers that are employed and of 60 per cent Korean student shoppers.

His research model produces an overall satisfaction index for each respondent which is

calculated from the equation (where Rij is Rating of item j, Wij is

importance of item j and ECCSIi is electronic commerce customer satisfaction index for

respondent i). Kim (2005) performs discriminate validity tests using principal component

factor analysis with VARIMAX rotation. Based on Kim’s (2005) study we adjust and

incorporate his overall satisfaction index in the Greek on-line shopping context.

Cho and Park (2001) in a similar study developed an index measuring electronic

customers’ satisfaction. Based on previous literature and by interviewing MIS and marketing

researchers, they identify ten constructs that were proved to affect customer satisfaction. The

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constructs that they used were: quality of product information (Delone And Maclean, 1992;

Baroudi and Orlikowski, 1988), level of consumer services (Baroudi and Orlikowski, 1988),

satisfaction with purchase results and delivery (Delone and Maclean, 1992), goodness of site

design (Delone and Maclean, 1992), satisfaction with purchasing process (Tanner, 1996),

quality of product merchandising and portfolio (Fornell et al., 1996; Jarvenpaa and Todd,

1997), satisfaction with delivery time and charge (Tanner, 1996), convenience of payment

methods (Jarvenpaa and Todd, 1997), ease of use (Delone and Maclean, 1992), and provision

of additional information services (Baroudi and Orlikowski, 1988).

Cho and Park (2001) use 51 items suggested by marketing and electronic commerce

experts, to explore the constructs they conceive. They measure those items on a seven point

Likert scale using a sample of 435 usable responses out of 2,000 questionnaires that were

initially distributed. They perform principal components factor analysis that proves a

consistent factor structure. Reliability tests produce acceptable results, while their proposed

index score was calculated as the summation of all the respondents’ responses, which is

algebraically described with the equation: (where ECUSI is Electronic

Customer-User Satisfaction Index, Rij is Reaction to factor j by user i).

In order to examine the relationship between the index and the level of consumers’

purchasing intention, Cho and Park (2001) perform regression analysis, results of which

revealed that consumer service, purchase result and delivery, site design, purchasing process,

product sales, delivery time and charge are significantly contributing variables to the

dependent variable. Construct “site use” however produce a relatively low β coefficient

showing weak contribution to the predictive power of this model. This index is considered, by

the researchers, efficient since both validity and reliability measures are within acceptable

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levels. Finally the index score is closely related to the level of consumers’ purchasing

intention. Some of the items Cho and Park (2001) use are incorporated to our model because

they were proved that they significantly affect satisfaction. Besides, this study could be

regarded as an ancestor of Kim’s (2005) because its objective is very similar and Kim’s

(2005) index is actually an extension of Cho and Park’s (2001) index.

Wang et al. (2005) conduct a study in order to test whether innovativeness and

involvement are determinants of website loyalty. They conceptualise a framework to describe

how consumers transfer their existing brand loyalty in the traditional retail market to the same

brand’s Website in the B2C e-commerce market and how their perceived risk at the brand’s

Website mediates this loyalty transformation. They split customers into four segments: less

involved adaptors, more involved innovators, more involved adaptors, less involved

innovators.

The constructs they examine are: brand loyalty in the traditional market, website

loyalty to the brand’s website and actual website purchasing frequency. Also, they use

perceived risk when purchasing at the brand’s website as a mediator between dependent and

independent variables. Consumers’ perceived risk when buying at the brand’s website is used

as a mediator between brand loyalty and website loyalty. However, only the more-involved

customers’ segments demonstrate a positive casual link between the website loyalty and the

actual website buying frequency.

The instrument they use to test the set of hypotheses is a web based questionnaire and

the responses are collected via e-mail invitations to Taiwan internet buyers of a well-known

brand’s Website. This way they finally collected 1,044 valid responses.

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Applying factor analysis with the use of principal components method with

VARIMAX rotation Wang et al. (2005) test the validity of their instrument. Also, correlation

tests reveal that all the hypotheses are strongly supported except one that is only weakly

supported (only the more-involved segments will demonstrate a positive casual link between

the website loyalty and the actual website buying frequency). The study’s results reveal that

consumers’ cognitive style and involvement level lead to distinct loyalty transformation

model between the four consumer segments.

Zviran, Glezer and Avni (2006) make an effort to empirically test user satisfaction in

different types of web sites in relation with usability and user based design. Based on previous

studies, they presume that the better the site design fit consumers’ preferences, the higher the

satisfaction attributed to the site and the higher the loyalty. This leads to the formulation of

their first hypothesis:

H1: Web sites exhibiting a higher degree of usability will be associated with greater

perceived user satisfaction.

Zviran, Glezer and Avni (2006) based on Hansen’s (1981) user based design

principles, (knowing the user, minimising memorisation, optimising operations, engineering

for errors) develop the second hypothesis considering that when a site satisfies these

principles it can achieve greater perceived satisfaction. Their hypothesis is the following:

H2: Web sites adhering to user-based design principles will result in greater perceived user

satisfaction.

Finally, the great heterogeneity of web sites and the indulgence to categorise web sites

influences usability and perceived satisfaction depending on the type of the web site. Thus,

the third and fourth hypotheses in Zviran, Glezer and Avni (2006) study are as follows:

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H3: The type of a Web site influences the relationship between the Web site’s usability and

perceived user satisfaction.

H4: The type of a Web site influences the relationship between the Web site’s user-based

design capabilities and perceived user satisfaction.

The instrument that Zviran, Glezer and Avni (2006) use three prior research

instruments (see: Doll, Xia and Torkzadeh, 1994; Brooke, 1996; Abels, White and Hahn,

1998) as frame of reference. The questionnaire is comprised of 39 questions including basic

demographic information. It is tested for construct validity by performing principal

components factor analysis with VARIMAX rotation which produces significant loadings. A

number of 359 valid responses were received through the web based questionnaire of which

58 per cent male and 42 per cent female. There is a quota placement in order to distill the

sample according to IBM’s web site classification, which according to the authors is the only

acceptable site categorization. The responses are categorised accordingly: publish/subscribe

(90 responses), online shopping (90 responses), customer self-service (90 responses), and

trading (89 responses).

Zviran, Glezer and Avni (2006) also performed regression analysis in order to

estimate the model’s coefficients using the following equation:

(Equation 3.1) Satisfaction = a + X*(usability) + Y*(content) + Z*(search)

The results of regression analysis indicated strong support for both first and second

hypotheses since it yielded high β coefficients. Regression results also indicated strong

support for both third and fourth hypotheses, while multicollinearity tests revealed that their

predictors do not autocorrelate.

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Kuhlmeier and Knight (2003) propose a research model where internet proclivity and

experience are positively related to on-online purchasing likelihood (Goldsmith, 2002).

Internet proclivity in this study is defined as the frequency, in hours per week, that someone

uses the internet while experience is defined as the amount of time, in years, that someone has

used the internet (Miyazaki and Fernandez, 2001). In our study user’s experience is

determined in the same way. Parameter of risk is also assessed in Kuhlmeier and Knight

(2003) study and perceived risk is considered to be negatively related to purchasing likelihood

(Shimp and Bearden, 1982). Perceived risk is used as a mediator between internet proclivity

and purchasing likelihood as well as between internet experience and purchasing likelihood.

They formed their set of hypotheses which are tested through an on-line consumers survey.

The instrument of this survey is a questionnaire addressed to business students in three

different countries, France, Macao and the US. The survey scales are assessed for construct

validity by performing confirmatory principal components factor analysis with VARIMAX

rotation and for reliability (see: Nunnally, 1978) for each of the three national samples

separately. The results of the hypotheses tests suggest that internet proclivity is not of great

importance as an antecedent of risk perception. Internet experience on the other hand seems to

have a significant negative relation to the perception of risk. Furthermore both internet

proclivity and internet experience as well as perceived risk appear to affect significantly

consumers’ purchasing likelihood. The examined constructs however, seem to have great

variations among the different countries that the survey took place, due to the great

differences in technological infusion (Kuhlmeier and Knight, 2003).

3.3 Conceptual framework

In our study we examine the effect of some on-line shopping attributes on overall user

satisfaction as well as the impact of satisfaction on customers’ post purchase behavior in.

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More specifically, based on literature, a set of on-line shopping attributes are identified and

used to test whether and to what extent they affect on-line customers’ satisfaction. Initially,

twelve constructs are selected from which we narrowed to seven due to similarities in

meaning and lack of applicability in the Greek context. The attributes that we finally ended up

to are the following: (a) User interface quality (Cho and Park, 2001) refers to graphic layout

of a web store, playfulness, convenience and easiness to use menus and controls. This

attribute explores in general the easiness for the user to navigate wanted pages in an elegant

and tasteful environment; (b) Product and service information quality (Cho and Park, 2001)

refers to how sufficient, updated, easy to understand and consistent information the site

provides about its products and services; (c) Security perception (Cho and Park, 2001), deals

with safety issues in general like personal information management and payment security; (e)

User’s participation (Kim, 2005) is based on the measurement of user’s experience in

shopping on-line in combination with the time that the user spends on-line; (f) Purchasing

process convenience (Kim, 2005) refers to how easy and convenient it is for the user to

purchase a product and if the site provides detailed information on how to do that and (g)

Product attractiveness (Kim, 2005) which examines how desired is the product that a site

sells, how many product categories can a user find in this site and what percentage of

availability is there in the web store. Using these constructs the following research model is

developed:

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Figure 3.1. The research model

3.4 Hypotheses development

In order to examine the relationships between the selected on-line store attributes and

their effect on overall customer satisfaction we are testing a set of twelve hypotheses. The

hypotheses conceptualisation is mainly based on the literature review that was presented in

chapter 2 with some adjustments were necessary.

Accuracy, update and consistency of information in a web store about its products

increase overall customer satisfaction. This fact is strongly supported in Park and Kim’s

(2003) study. Although product and service information quality is examined in many other

studies (see: Ho and Wu, 1999; Kim, 1999; Cho and Park, 2001 among others), in most of the

cases it is presented with a different label (for example, in Kim’s study it is presented as

product information). Hence, the first hypothesis is the following:

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H1: Product Information Quality is positively related to E-commerce customer satisfaction.

A pleasant, tasteful and playful layout of a web store as well as the convenience for a

customer to navigate across its pages increases the overall customer satisfaction. Many

studies are dealing with issues concerning the interface of an on-line store and it is considered

as a primary determinant of customer satisfaction (see: Park and Kim, 2003; Kim, 2005;

Zviran, Glezer and Avni, 2006, among others). Thus, the second hypothesis is formulated as

follows:

H2: User interface quality is positively related to E-commerce customer satisfaction.

Consistency, accuracy and update are also essential for the services that an on-line

store provides (Fornell et al., 1996). In the same way as product information quality, service

information quality is also tested for positively affecting overall satisfaction. Thus, the third

hypothesis is as follows:

H3: Service Information Quality is positively related to E-commerce customer satisfaction.

It is imperative that an on-line store has simplified, easy and quick purchasing process.

The more convenient for the user this process is, the highest the level of satisfaction attributed

to the web store (see: Kim, 2005; Ho and Wu, 1999; Zviran, Glezer and Avni (2006), among

others). After this, fourth hypothesis is formed as follows:

H4: Purchasing process convenience is positively related to E-commerce customer

satisfaction.

Security is one of the most important concerns of on-line customers worldwide.

Security credentials provided by an on-line store, privacy policy and trust are only some of

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the parameters of security issue. The more these parameters are developed in a web store the

highest the level of customer satisfaction. Security is considered of such importance that some

studies are dealing only with this issue (see: Corbitt, Thanasankit and Yi, 2003). Most of

studies however, incorporate this issue in their research framework among other examined

variables (see: Park and Kim, 2003). From all the above the fifth hypothesis is formed as

follows:

H5: Security perception is positively related to e-commerce customer satisfaction.

It is more convenient for a user to find a variety of product categories in a single web

store for which he has a formed attitude. This way the user does not have to look in different

stores for different products. The most popular the product categories and the bigger the

product categories amount in an on-line store the highest the level of overall satisfaction (see:

Kim, 2005; Javenpaa and Todd, 1996; Kim, 1999). So sixth hypothesis is the following:

H6: Product attractiveness is positively related to E-commerce customer satisfaction.

Users’ participation which refers to the frequency of on-line purchasing, and the

amount of total purchases shows an experienced user and also increase trust and consequently

overall satisfaction by the on-line shopping experience (Corbitt, Thanasankit and Yi, 2003).

The more experienced and involved a user is with internet and e-commerce the more satisfied

he is from his on-line purchasing experience (Lee, 1999). Thus, the seventh hypothesis is the

following:

H7: User’s participation, in e-commerce, is positively related to E-commerce customer

satisfaction.

High overall satisfaction levels from an on-line shopping experience lead in increase

to revisit frequency and to repurchase intention, subsequently it lead in increase to repurchase

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frequency. This hypothesis is strongly supported by the literature and this is the reason for

most of studies examine constructs that affect satisfaction (see: Kim, 2005; Park and Kim,

2003 among others). So the eighth, ninth, tenth and eleventh hypotheses are as follows:

H8: Overall satisfaction level from a web store is positively related to revisit frequency.

H9: Overall satisfaction level from a web store is positively related to repurchase frequency.

H10: Overall satisfaction level from a web store is positively related to revisit intention

H11: Overall satisfaction level from a web store is positively related to repurchase intention.

Finally, as it is expected that revisiting intention increases repurchase intention an

extra hypothesis is tested, so the twelfth hypothesis is as follows:

H12: Revisit intention is positively related to repurchase intention.

3.5 Instrument development

The instrument that is used to investigate the above proposed model is an on-line

questionnaire consisting of 31 satisfaction and 7 demographic questions. These questions are

primarily used to test the hypotheses that were developed and presented earlier in the analysis.

The response structure for each question is a seven point Likert scale. Furthermore, the

importance of every item for the user is also measured on a seven point Likert scale.

Measuring the importance of each item for each respondent we are able to produce a score for

each respondent the sum of which is an estimation of the overall e-commerce customer

satisfaction, following Kim’s (2005) index which has already been presented. Five more items

are used to measure, purchase behavior which refers to revisit and repurchase intention and

frequency. One of this item measures overall satisfaction as it is reported from respondents

and this is used in order to compare the index score with the self reported satisfaction.

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This instrument is developed using a combination of items mainly retrieved from the

studies of Kim (2005) and Park and Kim (2003), after adjusting many of them to fit the Greek

respondents’ attitude. Lists of items from other studies are also employed to enrich the

primary list of items. Also some new questions are added where necessary. The questionnaire

was pre-tested through a pilot survey among the students of the Msc in Finance and Financial

Information Systems at the campus of TEI of Kavala. After this test some adjustments are

made in several items, while some unnecessary items were eliminated as they were conceived

by the respondents as similar in meaning with others or because they were not fully applicable

in the Greek language. Also several misinterpretations of specific items by the respondents

led to their elimination or correction. In table 3.1 a brief description of the questionnaire is

presented. For more detailed presentation refer to appendix A.

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Table 3.1 Questionnaire description

Product Information quality

Updated

Sufficient

Easy to understand

Consistent

Playful

Relevant

Reliable

User interface quality

Convenient to order a product in evaluated store

Convenient navigation in evaluated store

Appropriate use of color in evaluated store’s interface

Convenient to search for a product in evaluated store

Tasteful screen layout and design of evaluated store

Service information quality

Updated

Sufficient

Consistent

Playful

Relevant

Purchasing process

Convenient arrangement of products

Easy to manage shopping basket

Sufficient usage directions

E-commerce participation On line purchases

Value of on line purchase

Percentage of electronic to total purchase

Security perception Effective guidance to correct entry errors

Protection of payment information

Proper management of private information

Product attractiveness Satisfactory product categories amount

Satisfactory availability percentage

3.6 Summary

Several methodological approaches that are used as drivers for the development of our

conceptual framework and methodology were outlined in this section. Furthermore, a set of

twelve hypotheses is presented in full detail. The set of hypotheses test the influence of

specific factors on overall customers’ satisfaction. Also the test of the impact that overall

satisfaction have on post purchase behavior is outlined. The instrument that is used to test

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these relationships is finally presented. Appendix A shows the original version of the

questionnaire as was sent to the respondents. Further in the analysis some specific statistic

procedures are employed to test the validity of this research framework. In the next section

the specific statistic measures and the main findings of this study are presented. Appendix B

shows all the statistic measures that are used to produce the results and findings of this

research.

4. Empirical Results

4.1 Introduction

Satisfaction is a complicated concept and needs thorough study of literature as well as

careful and precise implementation of theory to conceive and measure it. Based on previous

literature and detailed study of the research methodologies that were presented in chapters two

and three we conceived a conceptual framework and constructed a research model comprised

of seven factors that were empirically proved to affect e-customers’ satisfaction. In this

chapter the proposed research framework is empirically tested in the Greek on-line shopping

context, through an on-line survey. The respondents’ body is comprised by on-line customers,

members of Greek on-line stores and its’ profile is described in full detail in table 4.1. The

dataset of responses is tested for validity and reliability and then the set of hypotheses is

tested using standarised statistics. Finally, regression analysis helps us to validate the

methodology, examine the impact of each factor on overall satisfaction and extract useful

conclusions for electronic commerce in Greece. The statistic mechanisms are conducted using

the Statistical Package for Social Sciences (SPSS v. 12.0).

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4.2 Sample selection

Greek residents, who have established at least one on-line purchase in their life time

from a Greek on-line store, were asked to evaluate their most recent on-line shopping

experience. Data were collected through 1,826 e-mail invitations that were sent to member

customers of distinguished Greek on-line stores. Also e-mail invitations were sent to members

of specific forums and blogs about on-line commerce and internet usage in general. These e-

mail invitations were sent out in July 2007 and reminder e-mails were sent in August 2007.

Finally, from the total of 1,826 e-mail invitations that were sent out we received 390

responses, 359 of which were usable and valid (response rate 20 per cent). Responses were

categorised according to the respondents’ residence, age, working status, monthly income and

education level (Table 4.1). A quota placement on age and residence was set in order to

follow the typical Greek internet user profile (AGB Nielsen and the Information Society

Observatory, 2006), at the extent that this was possible. Respondents were asked to evaluate

the web store that they made their more recent purchase from. This way, seven well known

Greek on-line stores were finally evaluated in order to produce the most possible objective

satisfaction measurement. Specifically, 32.3 per cent of respondents evaluated e-shop.gr

which is an almost exclusively on-line store, trading technology products and electronics.

Next mostly evaluated store is aegeanair.gr with a percentage of 27.6 per cent. This web store

belongs to the largest aviation company in Greece. The third mostly evaluated on-line store is

plaisio.gr, which also trades technology products and electronics and was evaluated by the 24

per cent of the respondents. Far from the third mostly evaluated on-line store, t-bar.gr, an on-

line store which trades custom made T-shirts, gathered the 9.5 per cent of the evaluations.

Finally, two on-line bookstores, papasotiriou.gr and books.gr were both evaluated by the 2.8

per cent of the respondents.

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A dataset was formed, by the responses that were finally collected, which was

processed using the Statistical Package for Social Sciences (SPSS) v.12.0. A missing value

analysis was performed using the series mean method in order to replace all missing values

and avoid bias. Also a questionnaire tracking method was used in order to edit and check the

coding process and minimise coding errors. The tracking was performed by assigning the

unique case number to the corresponding questionnaire.

4.3 Respondents’ profile

Respondents’ residence is in all the regions of Greece and the amount of required

responses, according to the quota placement, from each region was selected as a proportion of

its total internet users (AGB Nielsen and the Information Society Observatory, 2006). The

resulting sample consists of 66.6 per cent male respondents and of 33.4 per cent female

respondents. Age categorisation indicated that 23.4 per cent of the respondents belong at the

15-24 age bracket, 36.3 per cent at the 25-34 age bracket, 32 per cent at the 35-44 and the rest

8.3 per cent is older than 45 years old. Additionally, 15.8 per cent have a monthly income of

401-800€, while 18.6% belongs to the 801-1200€ income bracket, 33.8 per cent to the 1201-

1600€ and 27.5 per cent have a monthly income of more than 1600€. The working status of

respondents is 16.5 per cent self employed, 40.3 per cent work in an office working position

and 32.1 per cent work in an out of office working position. A 9.4 per cent of the respondents

are students while 1.7 per cent are unemployed. Additionally, experience of the respondents

with internet is measured using two parameters, time spent per logon and amount of logons

per week. Specifically, 7.5 per cent of the respondents spend less than an hour per logon,

while 21.7 per cent spend 1-2 hours per log on, 27.3 per cent 2-3 hours, 24.8 per cent 3-5

hours and 18.7 per cent of the respondents spend more than 5 hours per log on. Finally, 5.6

per cent of the respondents logs on less than 2 times per week, 13.1 per cent 3-4 times, 21.4

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per cent 5-14 times and 30.9 percent 14-21 times. A significant percentage of respondents, 29

percent, log on more than 21 times per week (Table 4.1).

Table 4.1 Respondents' Profile

Gender Age

Male Female 15-24 25-34 35-44 45-54 55-64 65+

66.6% 33.4% 23.4% 36.3% 32% 5.3% 2.1% 0.9%

Income/month

-400€ 401€-800€ 801€-1200€ 1201€-1600€ 1601€-2000€ 2001€+

4.3% 15.8% 18.6% 33.8% 21.8% 5.7%

Working Status

Self Employed Employees

(in office)

Other employees

(not in office)

Student Unemployed

16.5% 40.3% 32.1% 9.4% 1.7%

Time spent per logon (in hours) Times per week

-1 1-2 2-3 3-5 5+ -2 3-4 5-14 14-21 21+

7.5% 21.7% 27.3% 24.8% 18.7% 5.6% 13.1% 21.4% 30.9% 29%

4.4 Satisfaction index

Two different variables are used to measure satisfaction. The first one is the degree of

satisfaction that each respondent reports from his own web shopping experience and it is

measured on a seven point Likert scale (self reported satisfaction). The second variable

follows Kim’s (2005) proposed index and uses a score which is calculated for each

respondent as a sum weighted average of all the respondent’s answers (index based

satisfaction). This score is divided by seven, so as to be consistent with the seven point Likert

scale. More specifically, every item that is examined in the questionnaire is weighted by each

respondent according to its importance. The weights of each item are also measured on a

seven point Likert scale. In both cases point 1 means that the specific item is not important at

all and point 7 means that the specific item is absolutely important.

The mean of the index based satisfaction for the total of the 359 responses is 4.79

while the mean of the self reported satisfaction is 5.76. The correlation between self reported

satisfaction and index based satisfaction is .929 and is significant at the 1 per cent level,

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which is a strong evidence that Kim’s (2005) satisfaction measurement is reliable and

consistent with the self reported satisfaction scores. Moreover, we consider Kim’s (2005)

measurement of satisfaction reliable, because its standard deviation is .582 while self reported

satisfaction’s score standard deviation is .621, thus index based satisfaction contains less bias.

The reliability of this index is also proved by the t-value test that was performed in order to

examine the equality of the means (t358=77.898, p>.000). Results of this test are shown in

table 4.2.

Table 4.2 Means Comparison

Satisfaction N Mean S.D. t-value Sig.(2-

tailed)

Paired samples test

Index Based 359 4.79 .582 155.932 .000 t Sig. Mean S.D

Self Reported 359

59

5.74 .621 175.118 .000 77.89

8

.000 .944 .230

4.5 Construct validity and reliability analysis

The ratio between the amount of responses and the amount of variables is 12:1 and is a

primary evidence about the sample size adequacy (Parasuraman, Zeithaml and Berry, 1988).

Furthermore an acceptable Kaiser-Meyer-Olkin measure of sampling adequacy of .803 as

well as acceptable Bartlett sphericity test statistics (p =.000) also validate the sample size.

With acceptable results of all the tests concerning sample adequacy, the 29 items were

submitted to a principal components factor analysis using VARIMAX rotation in order to

assess the discriminate validity and convergence was achieved in 5 iterations. The resultant

seven factors produced strong factor loadings. However, two items were dropped because

they extracted very low communalities of .309 and .419 respectively which were not accepted

since they were significantly lower than the least accepted .5 value. Also construct “site

awareness” containing two items was dropped because it produced unacceptable Cronbach

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Alpha reliability test (α = .345<.5). The remaining seven factors proved reliable since they

yielded Cronbach Alpha values greater than .549 (Table 4.3), while five out of seven factors

yielded values greater than .71. Finally, the seven resultant factors explain a 64.731 per cent

of the total variance. The seven resultant factors are: Product information quality, User

interface quality, Service information quality, Purchasing process, E-commerce participation,

Security perception and Product attractiveness. Further details on the factor analysis and

reliability results are shown in table 4.3.

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Table 4.2 Factor and reliability analysis

Factor Name Items Factor

loadings

Cronbach

Alpha

Variance

Explained

Communalities

extraction

Factor 1 Product Information quality

Updated .757

.923 17.322

.594

Sufficient .936 .877

Easy to understand .891 .796

Consistent .630 .513

Playful .881 .783

Relevant .857 .742

Reliable .814 .683

Factor 2 User interface quality

Convenient to order a product in evaluated store .680

.830 11.269

.532

Convenient navigation in evaluated store .866 .735

Appropriate use of color in evaluated store’s interface 715 .607

Convenient to search for a product in evaluated store .829 .707

Tasteful screen layout and design of evaluated store .709 .537

Factor 3 Service information quality

Updated .791

.839 10.864

.650

Sufficient .858 .753

Consistent .648 .520

Playful .845 .728

Relevant .754 .593

Factor 4 Purchasing process

Convenient arrangement of products .758

.705 7.043

.586

Easy to manage shopping basket .811 .685

Sufficient usage directions .781 .650

Factor 5 E-commerce participation On-line purchases .783

.645 6.883

.687

Value of on-line purchase .747 .574

Percentage of electronic to total purchase .689 .504

Factor 6 Security perception Effective guidance to correct entry errors .664

.585 6.108

.563

Protection of payment information .758 .595

Proper management of private information .722 .581

Factor 7 Product attractiveness Satisfactory product categories amount .843 .549 5.242

.747

Satisfactory availability percentage .752 .602

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4.6 Hypotheses tests

In chapter three, a set of twelve hypotheses was developed concerning the degree at

which each examined construct affects overall satisfaction and the relationship between

overall satisfaction and post purchase behaviour. In this section correlation tests are

conducted in order to examine the validity of this set of hypotheses. For this purpose

Pearson’s correlation coefficient is employed, the significance of which indicates the degree

of dependence between the resulting factors and the overall satisfaction variable. The validity

of the hypotheses is tested for both the index based satisfaction and the self reported

satisfaction with the bivariate correlations method of SPSS v. 12.0 (Table 4.4).

The first hypothesis about the relationship of product information quality and overall

satisfaction is as follows:

H1: Product information quality is positively related to e-commerce customers’ satisfaction.

This hypothesis is strongly supported by the data and is valid for the relationship of product

information quality with both the index based satisfaction and the self reported satisfaction.

Pearson’s correlation coefficient scores is .544 for the index based and .503 for the self

reported satisfaction respectively while correlations are significant at the 1 per cent level. This

fact illustrates that overall satisfaction strongly depends on product information quality.

The second hypothesis is the following:

H2: User interface quality is positively related to e-commerce customer satisfaction.

The second hypothesis is also supported by the data at the 1 per cent significance level with

Pearson’s correlation coefficient scores of .297 for the correlation of user interface quality

with self reported satisfaction and .315 for the correlation of user interface quality with index

based satisfaction. These scores indicate that interface quality is also a significantly affecting

factor for overall satisfaction.

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The third hypothesis is as follows:

H3: Service information quality is positively related to e-commerce customer satisfaction.

Third hypothesis shows that service information quality affects overall satisfaction since it is

also supported by the data at the 1 per cent significance level with a Pearson’s score of .228

for the correlation of service information quality with self reported satisfaction and .254 for

the correlation of service information quality with index based satisfaction. Therefore overall

satisfaction also depends on service information quality.

The fourth hypothesis is the following:

H4: Purchasing process convenience is positively related to e-commerce customer

satisfaction.

This hypothesis shows that the purchasing process convenience is a determinative factor of

overall satisfaction. This hypothesis is supported by the data at the 1 per cent significance

level with .209 Pearson coefficient score for the correlation with the self reported satisfaction

and .205 for the correlation with the index based satisfaction. Thus overall satisfaction also

depends on the convenience of the purchasing process.

Fifth hypothesis is the following:

H5: Users’ e-commerce participation is positively related to e-commerce customer

satisfaction.

This hypothesis is not supported by the data since there is no significant correlation

coefficient score. This means that user’s experience in electronic commerce do not affect

overall satisfaction. Therefore more experienced customers are not necessarily more satisfied

than less experienced customers.

The sixth hypothesis is the following:

H6: Security perception is positively related to e-commerce customer satisfaction.

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This hypothesis is supported at the 1 per cent significance level with Pearson’s scores of .180

for the correlation with self reported satisfaction and .209 for the correlation with the index

based satisfaction. Therefore it proves that customers’ satisfaction depend on security

perception.

Seventh hypothesis is the following:

H7: Product attractiveness is positively related to e-commerce customer satisfaction.

Seventh hypothesis is also supported by the data at the 1 per cent significance level with

Pearson’s scores of .179 for the correlation with the self reported satisfaction and .176 for the

correlation with the index based satisfaction. The relatively low coefficient scores indicate

that although overall satisfaction depends on product attractiveness the support of this

hypothesis is relatively weak in relation to the six first hypotheses.

Hypotheses eighth, ninth, tenth and eleventh are examining the influence that overall

satisfaction has on revisit frequency, repurchase frequency, revisit intention and repurchase

intention. These four factors are the main components of loyalty, the relationship of which

with overall satisfaction is of special interest for all on-line retailers (Wang, Chia-Yi, Pallister

and Foxall, 2005).

More specifically eighth hypothesis is the following:

H8: Overall satisfaction level from a web store is positively related to revisit frequency.

This means that a satisfied on-line customer will revisit more often the specific web store in

the future. This hypothesis is strongly supported at the 1 per cent significance level with high

correlation coefficients of .837 for the correlation with self reported satisfaction and .898 for

the correlation with the index based satisfaction.

Ninth hypothesis is as follows:

H9: Overall satisfaction level from a web store is positively related to repurchase frequency.

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The strong support of this hypothesis shows that a satisfied customer is likely to increase his

repurchase frequency in the future. Ninth hypothesis is supported at the 1 per cent

significance level with also high correlation coefficients of .834 for the correlation with self

reported satisfaction and .894 for the correlation with the index based satisfaction.

Tenth hypothesis is the following:

H10: Overall satisfaction level from a web store is positively related to the revisit intention.

This hypothesis is supported at the 1 per cent significance level with high correlation scores.

For the correlation with the self reported satisfaction, in particular, Pearson’s coefficient score

is .740, while for the correlation with the index based satisfaction it is .788. These scores

provide strong support for this hypothesis and indicate that a satisfied customer strongly

intents to revisit the specific web store.

The eleventh hypothesis is the following:

H11: Overall satisfaction level from a web store is positively related to the repurchase

intention.

This hypothesis is also strongly supported by the data with correlation scores of .640 for the

correlation with self reported satisfaction and .663 for the correlation with index based

satisfaction. These scores illustrate the strong intention of a satisfied customer for repurchase

in the future.

A final test which is conducted between two dependent variables, the validity of which

could emerge valuable results, is whether revisit intention affects repurchase intention.

Therefore twelfth hypothesis is formed as follows:

H12: Revisit intention is positively related to repurchase intention.

This hypothesis is supported by the dataset of responses at the 1 per cent significance level

with a correlation coefficient of .567. The relatively strong support of this hypothesis means

that repurchase intention generally follows revisit intention.

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All the tests that concern the validation of the set of the hypotheses as well as

coefficient scores for each hypothesis for both index based and self reported satisfaction are

shown in table 4.4.

Table 4.3 Hypotheses Tests

Hypotheses Pearson Coefficient for Satisfaction

Outcome

All Correlations are significant at

the .01 level (2-tailed)

Index Based Self Reported

H1 .544 (.000) .503 (.000) Supported

H2 .315 (.000) .297 (.000) Supported

H3 .254 (.000) .228 (.000) Supported

H4 .205 (.000) .209 (.000) Supported

H5 -.050 (0.643) -.025 (0.341) Not Supported

H6 .209 (.000) .180 (.000) Supported

H7 .176 (.000) .179 (.000) Supported

H8 .898 (.000) .837 (.000) Supported

H9 .894 (.000) .834 (.000) Supported

H10 .788 (.000) .740 (.000) Supported

H11 .663 (.000) .640 (.000) Supported

H12 .567 (.000) Supported

4.7 Regression analysis

In order to observe the impact of each construct to overall satisfaction, several

regression analyses were performed, first using the index based satisfaction and then the self

reported satisfaction as the dependent variable. In both cases the seven constructs that

emerged from the factor analysis are used as independent variables. Regressions were

performed using the enter method and a significant model emerged (F7.351=68.030, p<.0005),

with an adjusted R square = .567 (Table 4.5). The regression with the self reported

satisfaction as dependent variable produced less predictive power (F7.351=50.442, p<0.0005),

although results are not significantly different. Adjusted R square in the case of self reported

satisfaction model is .492. Furthermore, multicollinearity diagnostics revealed that there is no

autocorrelation between the constructs. More specifically, tolerance scores3 for all the

3 The closest to zero the tolerance score is the stronger the relationship with other variables.

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variables are greater than .159, while there are no extremely large VIF scores4 for both index

based and self reported satisfaction. In addition, Durbin-Watson scores are also acceptable for

both satisfaction variables (index based and self reported). Specifically Durbin-Watson scores

are 1.750 (d>du) for index based satisfaction and 1.811 (d>du) for self reported satisfaction

which also indicates no evident autocorrelation in both cases. The same conclusion can be

extracted from the correlation matrix, since there are no significant correlations between

predictors, again in both index based satisfaction and self reported satisfaction.

Table 4.4 Model Summary

R

R

Square

Adjusted

R Square

Std. Error

of the

Estimate

Durbin-

Watson

Index based .759 .576 .567 .383 1.750

Self Reported .708 .501 .492 .442 1.811

The constructs that seem to significantly influence overall satisfaction (for both index

based and self reported satisfaction) are product information quality (β = .544, t = 15.6, p =

.000), user interface quality (β = .315, t = 9.0, p = .000), service information quality (β = .254,

t = 7.2, p = .000), purchasing process (β = .205, t = 5.8, p = .000), security perception (β =

.203, t = 5.8, p = .000) and product attractiveness (β = .176, t = 5.0, p = .000) which has a

weaker impact. E-commerce participation is not significant and has no impact at all on overall

satisfaction (β = -.050, t = -1.4, p = .148) (Table 4.6).

4 An extremely large VIF value of a variable related to the other variables indicates multicollinearity.

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Table 4.6 Coefficients

Index Based Satisfaction Self Reported Satisfaction

Constructs

Unstandardized Standardized T

Sig.

Unstandardized Standardized t Sig.

B

Std.

Error Beta

B Std.

Error

Beta

(Constant) 4.791 .020 237.0 .000 5.735 .023 245.5 .000

Product Information

Quality .317 .020 .544 15.6 .000 .312 .023 .503 13.3 .000

User Interface

Quality .183 .020 .315 9.0 .000 .184 .023 .297 7.8 .000

Service Information

Quality .148 .020 .254 7.2 .000 .141 .023 .228 6.0 .000

Purchasing Process .119 .020 .205 5.8 .000 .130 .023 .209 5.5 .000

E-commerce

Participation -.029 .020 -.050 -1.4 .148 -.015 .023 -.025 -.65 .515

Security Perception .118 .020 .203 5.8 .000 .111 .023 .180 4.7 .000

Product

Attractiveness .103 .020 .176 5.0 .000 .111 .023 .179 4.7 .000

Finally, table 4.6 and β standardized coefficients for both index based and self

reported satisfaction as well as their significance, gives another strong validation prove for the

set of hypotheses apart from the preceding correlation analysis. In specific, H1 (β = .544,

p<.0005), H2 (β = .315, p<.0005), H3 (β = .254, p<.0005), H4 (β = .205, p<.0005), H6 (β =

.203, p<.0005) and H7 (β = .176, p<.0005) are supported by the data, while H5 (β =.-050, p =

-1.448) is not supported by the data.

Table 4.7 ANOVA

Index Based Satisfaction Self Reported Satisfaction

Sum of

Squares df

Mean

Square F Sig.

Sum of

Squares df

Mean

Square F Sig.

Regression 69.848 7 9.978 68.030 .000 69.135 7 9.876 50.442 .000

Residual 51.483 351 .147 68.725 351 .196

Total 121.331 358 137.861 358

The results from the regression of index based satisfaction and self reported

satisfaction with revisit frequency as dependent variable revealed a significant predictive

power of this regression model (F1.357=833.003, p<.0005). These results are also a strong

indication for the validity of hypothesis H8 for both index based (β=.898, p<.0005) and self

reported satisfaction (β=.837, p<.0005).

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Table 4.8 Regression satisfaction vs. revisit frequency

R

R

Square

Adjusted

R Square

Std. Error

of the

Estimate

Durbin-

Watson

Index based .898 .807 .806 .423 1.941

Self Reported .837 .700 .699 .527 2.137

Furthermore, regression of index based satisfaction and self reported satisfaction with

repurchase frequency as dependent variable also revealed a high predictive power

(F1.357=1423.382, p<.0005). The results of this regression are strong evidence for the validity

of hypothesis H9 for both index based (β=.894, p<.0005) and self reported (β=.834, p<.0005)

satisfaction.

Table 4.9 Regression satisfaction vs. repurchase frequency

R

R

Square

Adjusted

R Square

Std. Error

of the

Estimate

Durbin-

Watson

Index based .894 .799 .799 .411 1.965

Self Reported .834 .696 .695 .507 2.171

Regression of index based satisfaction and self reported satisfaction with revisit

intention as dependent variable revealed a high predictive power (F1.357=433.359, p<.0005).

This result provide strong support to hypothesis H10 for both index based (β=.788, p<.0005)

and self reported (β=.740, p<.0005) satisfaction.

Table 4.10 Regression satisfaction vs. revisit intention

R

R

Square

Adjusted

R Square

Std. Error

of the

Estimate

Durbin-

Watson

Index based .788

.621 .620 .823 1.903

Self Reported .740 .548 .547 .898 2.055

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Finally, regression of index based satisfaction and self reported satisfaction with

repurchase intention as dependent variable revealed a high predictive power (F1.357=247.558,

p<.0005). This regression validated hypothesis H11 for both index based (β=.663, p<.0005)

and self reported (β=.640, p<.0005) satisfaction.

Table 4.11 Regression satisfaction vs. repurchase intention

R

R

Square

Adjusted

R Square

Std. Error

of the

Estimate

Durbin-

Watson

Index based .663

.440 .439 .473 1.937

Self Reported .640 .409 .408 .486 1.956

4.8 Discussion

Results of this analysis show that product information quality is highly related to the

customers’ overall satisfaction. Overall satisfaction is also highly affected by user interface

quality. Finally, service information quality, purchasing process convenience, security

perception and product attractiveness have a positive, but relatively weaker, impact to overall

satisfaction. All the above lead to the conclusion that Greek on-line customers are much more

concerned about the product itself when buying on-line and so they pursue detailed, updated

and sufficient information about it. Moreover, Greek users look for a convenient and

tastefully designed interface and the web stores’ designers should take this fact under

consideration. Information about services that a web store provides, which mainly concerns

delivery, after sales service, return policy etc., also seem to influence customers. This means

that Greek on-line customers need to know the provided services by a web store and to be

confident that this information is updated and valid but their satisfaction level cannot

significantly change only by this parameter. Security issues are a significant determinant for

overall satisfaction but not of the utmost importance in relation to the other constructs. In

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contrast with other studies (see: Corbitt, Thanasankit and Yi, 2003) where security is a

primary concern, Greek customers seem to have other priorities about their needs and they are

less concerned about security issues. Products availability or amount of product categories

also seem to influence on-line customers in their purchasing decision. On the other hand,

experience from prior on-line purchases is not at all a determinant for the satisfaction of

Greek on-line customers. That means that an experienced user is not necessarily a more

satisfied one.

The extended correlation and regression analyses also produced some implications

about customers’ post purchase behavior that are also worth mentioning. Specifically, a

satisfied on-line customer seems to have the intention to revisit the web store and furthermore

to increase his revisiting frequency. This fact is evident by the strong relationship between

overall satisfaction and revisiting intention or frequency. Also, a generally satisfied customer

not only has the intention to repurchase from the specific web store but also to increase his

purchasing frequency in the future. Finally it is evident from the analysis, that there is a high

likelihood that revisiting leads to repurchasing. All the above lead to the profound conclusion

that was also examined by other studies, that the first step to loyalty is satisfaction (Wang,

Chia-Yi, Pallister and Foxall, 2005).

Our findings are very similar to Park and Kim’s (2003) who also found that product

information quality, service information quality, interface quality and security perception are

strong determinants of satisfaction. In our study, however product information quality has

precedence than Park and Kim’s (2003). Also, our findings has great similarities with Kim’s

(2005) study where again product information, site design (user interface quality in our case),

process convenience and product attractiveness are found to strongly affect satisfaction.

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4.9 Summary

In this section all the theoretical framework that was developed in previous sections is

empirically tested and examined through the dataset of 359 responses. After discriminate

validity and sample adequacy tests, the set of hypotheses that was developed earlier in the

analysis is tested and regression analyses produce valuable conclusions for the Greek on-line

shopping context. In the next chapter detailed conclusions from this analysis are extracted and

limitations of our research are outlined. Also some suggestions for further research and

analysis are presented.

5. Concluding Remarks

In this study a set of on-line satisfaction characteristics derived from literature are

examined for their possible effect on customers’ overall satisfaction based on a research

framework. Furthermore, we examine the effect of satisfaction on customers’ post purchase

behavior. These relationships are examined through the validation of a set of twelve

hypotheses. The research was performed using a sample of 359 Greek on-line customers. The

respondents are members of seven different Greek on-line stores and were reached by e-mail

invitations. All the numeric findings of the statistical procedures and tests are used to extract

implications about the Greek on-line shopping context and to identify determinants of

satisfaction.

Specifically, we found that information about products in a web store is highly related

to customers’ overall satisfaction and should be of the utmost importance for on-line shopping

practitioners. User interface quality is also found to positively affect overall satisfaction at a

high level and to significantly increase customers’ perception of a web store quality. This

means that Greek on-line customers are highly influenced by a tastefully designed and

convenient to use interface, thus it is important for interface designers to implement these

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concepts in their projects. Information about the services a web store provides and the

convenience to purchase from a web store are also important determinants of satisfaction,

nevertheless at a relatively smaller degree. Furthermore, although the amount of product

categories and the product availability percentage do not seem to be the primary concern of

customers in a web store, it is still directly related to overall satisfaction. On the other hand e-

commerce participation, which describes someone’s experience as an on-line customer, do

not seem to affect overall satisfaction at all. This means that a more experienced user is not

necessarily more confident in using a web store and thus, does not necessarily feel more

satisfied than a less experienced one. These results illustrate customers’ perceptual weights of

each examined satisfaction factor and we propose that they are taken under serious

consideration by on-line retailers.

Furthermore, findings of this study describe some of the most important effects of

satisfaction on customer’s post purchase behavior. A thorough analysis of the collected data

revealed some expected but still useful results on this issue. Specifically it seems that high

levels of overall satisfaction not only lead to a significant increase in revisit and repurchase

intention, but also to an increase in revisit and repurchase frequency. This fact should also be

taken under serious consideration by the on-line retailers because repurchase frequency is the

main ingredient for loyalty, which after all is the ultimate goal of every business. Thus a

satisfied customer is more likely to be a loyal customer in the near future that a less satisfied

one. Finally, we believe that findings of this research meet our initial objective, to define

some of the causes of positive on-line shopping experiences and therefore to help web

shopping practitioners in Greece to improve web stores.

However, although this study’s findings provide important and useful implications for

the web shopping context in Greece, there were several limitations that may have caused

minor errors. At first, the significantly low internet usage and especially on-line shopping

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infusion rate in Greece made it quite difficult to gather enough valid responses so as to form

an absolutely representative dataset. The relatively few on-line stores, limited to the trading of

books, high technology products and air services, made it quite difficult to reach a significant

amount of on-line customers from different contexts. This fact compelled us to accept

responses from customers that made their most recent purchase a long time ago and their

judgment about the web store evaluation, may have been faded out. Second, refusal of on-line

stores to forward the questionnaire to their members’ or at least to confirm the validity of the

respondents’ membership may have caused bias due to false purchase declaration by some

respondents. Third, the use of self reported Likert scales includes the possibility of a common

method bias and slight distraction of the results since the conception of Likert scales may vary

by each respondent. Besides, this is illustrated by the comparison of self reported satisfaction

and index based satisfaction means which are slightly different.

For future research we propose a focused analysis on consumer behavior in specific

product categories and services or even industrial sectors. This kind of research would reveal

any differences in customers’ behavior and satisfaction perception into a widely diversified

market. Furthermore, in spite of the fact that a wide literature review was used in this study,

extraction and measurement of more items and constructs, that wasn’t incorporated, is

imperative for further understanding of the satisfaction concept in the Greek on-line context.

Finally, a study of satisfaction determinants in the off line market would provide further

ammunition for further understanding of on-line satisfaction and its related concepts. After

all, even an on-line customer is primarily a customer with different interaction with the

retailer and as such he should primarily be confronted.

In the end, it is more than certain that the rapid growth of internet will finally be

infused in the Greek market and so e-commerce is expected to follow the great worldwide

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development in the near future. We consider it very important that an electronic marketplace

is built on standarised principles and rules because, that would gear its further development.

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Appendix A. Questionnaire Part A. E-commerce Participation

1A. How many times have you ever made a purchase over the internet?

2A. What is the value of your total on-line purchase?

Part B. Product attractiveness - How may product categories did the evaluated web store have?

- What is the ideal amount of product categories that you wish to find in a web store?

(THESE QUESTIONS ARE USED ONLY FOR COMPARISON) 1B.Actual amount of

product categories

2B. Ideal amount of

product categories

One Product category 1 1

Two to Five Product Categories 2 2

Five to Ten Product Categories 3 3

Ten to Fifteen Product Categories 4 4

Fifteen or more 5 5

DK/NA 99

- What availability percentage did the evaluated web store have?

- What is the ideal availability percentage of new products for a web store?

(THESE QUESTIONS ARE USED ONLY FOR COMPARISON) Actual availability

percentage

Ideal availability

percentage

Less than 20% 1 1

21-40% 2 2

41-60% 3 3

61-80% 4 4

81% or more 5 5

DK/NA 99 99

1A. Times of on-line purchase

None X go to demographics

One 1

Two-Five 2

Five-Ten 3

Ten or more 4

2A. Value of on-line purchase

20 € or less 1

21€-50€ 2

51€-150€ 3

151€-500€ 4

501€-1000€ 5

1001€ or more 6

3A. What percentage of your total purchase is established over the internet?

Less than 1% 1

1%-5% 2

6%-10% 3

11%-15% 4

16%-20% 5

21%-25% 6

26% or more 7

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1B. Please mark to what extend do you agree or not with each of the following statements

(USE A 7-POINT SCALE WHERE “7” REPRESENTS STRONGLY AGREE AD “1”

REPRESENTS STRONGLY DISAGREE):

I believe it is important for a web store to:

Str

on

gly

dis

agre

e 2 3

Nei

ther

ag

ree

no

r

dis

agre

e 5 6

Str

on

gly

agre

e

Have a sufficient number of product categories e.g.

books, electronics, gadgets etc.

1 2 3 4 5 6 7

Have a sufficient availability percentage of new

products.

1 2 3 4 5 6 7

The evaluated web store has:

Str

on

gly

dis

agre

e 2 3

Nei

ther

ag

ree

no

r

dis

agre

e 5 6

Str

on

gly

agre

e

Has a sufficient number of product categories e.g.

books, electronics, gadgets etc.

1 2 3 4 5 6 7

Has a sufficient availability percentage of new

products.

1 2 3 4 5 6 7

Part C. Purchasing Process convenience 1C. Please mark to what extend do you agree or not with each of the following statements

(USE A 7-POINT SCALE WHERE “7” REPRESENTS STRONGLY AGREE AD “1”

REPRESENTS STRONGLY DISAGREE):

Str

on

gly

dis

agre

e

2 3 Nei

ther

ag

ree

no

r

dis

ag

ree

5 6 Str

on

gly

agre

e

The arrangement of products in the evaluated web store is

convenient for me

1 2 3 4 5 6 7

It is important that a web store has convenient product arrangement 1 2 3 4 5 6 7

The shopping basket of the evaluated web store is easy to mage 1 2 3 4 5 6 7

It is important that the shopping basket of a web store is easy to

manage

1 2 3 4 5 6 7

The evaluated web store, provides sufficient directions and

information about how to use it

1 2 3 4 5 6 7

It is important that a web store provides sufficient directions and

information about how to use it

1 2 3 4 5 6 7

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Part D. Security Perception 1D. Please mark to what extend do you agree or not with each of the following statements

(USE A 7-POINT SCALE WHERE “7” REPRESENTS STRONGLY AGREE AND “1”

REPRESENTS STRONGLY DISAGREE):

Str

on

gly

dis

agre

e

2 3

Nei

ther

Ag

ree

No

r

Dis

ag

ree

5 6

Str

on

gly

agre

e

I believe that payment information is

appropriately protected by the evaluated web

store

1 2 3 4 5 6 7

It is important that a web store protects the

payment information of my purchases

1 2 3 4 5 6 7

The evaluated web store, guides me

effectively to correct entry errors

1 2 3 4 5 6 7

It is important that a web store offers effective

guidance to correct entry errors

1 2 3 4 5 6 7

I believe that the evaluated web store, will not

use my private information in a unwanted

manner

1 2 3 4 5 6 7

Part E. Product information quality 1E. Please mark the point that best approaches the characteristic of the evaluated web store:

The product information of the web store I made my most recent on-line purchase

from, is

Not Updated 1 2 3 4 5 6 7 Updated

Insufficient 1 2 3 4 5 6 7 Sufficient

Difficult to understand 1 2 3 4 5 6 7 Easy to understand

Inconsistent 1 2 3 4 5 6 7 Consistent

Not Playful 1 2 3 4 5 6 7 Playful

Irrelevant 1 2 3 4 5 6 7 Relevant

Unreliably represented 1 2 3 4 5 6 7 Reliably represented

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2E. Please mark to what extend do you agree or not with each of the following statements

(USE A 7-POINT SCALE WHERE “7” REPRESENTS STRONGLY AGREE AD “1”

REPRESENTS STRONGLY DISAGREE):

It is important that product information of a

web store is: Str

on

gly

dis

agre

e

2 3

Nei

ther

agre

e n

or

dis

agre

e

5 6

Str

on

gly

agre

e

Updated 1 2 3 4 5 6 7

Sufficient 1 2 3 4 5 6 7

Easy to understand 1 2 3 4 5 6 7

Consistent 1 2 3 4 5 6 7

Playful 1 2 3 4 5 6 7

Relevant 1 2 3 4 5 6 7

Reliable(reliably represented) 1 2 3 4 5 6 7

Part F. Service Information Quality 1F. Please mark the point that best approaches the characteristic of the web store that you

made your most recent on-line purchase from:

The information about the services of the web store that I made my most

recent purchase from is:

Not up-dated 1 2 3 4 5 6 7 Up-dated

Insufficient 1 2 3 4 5 6 7 Sufficient

Difficult to understand 1 2 3 4 5 6 7 Easy to understand

Inconsistent 1 2 3 4 5 6 7 Consistent

Not playful 1 2 3 4 5 6 7 Playful

irrelevant 1 2 3 4 5 6 7 Relevant

Unreliably represented 1 2 3 4 5 6 7 Reliably represented

2F. Please mark to what extend do you agree or not with each of the following statements

(USE A 7-POINT SCALE WHERE “7” REPRESENTS STRONGLY AGREE AD “1”

REPRESENTS STRONGLY DISAGREE):

It is important that the service

information of a web store is:

Str

on

gly

dis

agre

e

2 3

Nei

ther

agre

e n

or

dis

agre

e 5 6

Str

on

gly

agre

e

up-dated 1 2 3 4 5 6 7

sufficient 1 2 3 4 5 6 7

easy to understand 1 2 3 4 5 6 7

consistent 1 2 3 4 5 6 7

playful 1 2 3 4 5 6 7

Relevant 1 2 3 4 5 6 7

Reliable(reliably represented) 1 2 3 4 5 6 7

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Part G. User interface quality 1G. Please mark to what extend do you agree or not with each of the following statements

(USE A 7-POINT SCALE WHERE “7” REPRESENTS STRONGLY AGREE AD “1”

REPRESENTS STRONGLY DISAGREE):

Str

on

gly

dis

agre

e 2 3

Nei

ther

agre

e n

or

dis

agre

e 5 6

Str

on

gly

agre

e

The evaluated web store’s interface is

convenient to order a product 1 2 3 4 5 6 7

It is important that a web store has convenient

user interface 1 2 3 4 5 6 7

The evaluated web store’s interface is

convenient to navigate wanted pages 1 2 3 4 5 6 7

It is important that I can easily navigate

wanted pages in a web store 1 2 3 4 5 6 7

The evaluated web store makes appropriate

use of colour in its design 1 2 3 4 5 6 7

It is important that a on-line makes

appropriate use of color in its interface 1 2 3 4 5 6 7

It was convenient for me to search for a

product in the evaluated web store 1 2 3 4 5 6 7

It is important that it is easy for a non-

experienced user to search for a product in a

web store

1 2 3 4 5 6 7

The Screen design / layout is tasteful in the

evaluated web store 1 2 3 4 5 6 7

It is important that the design/layout of a web

store is tasteful 1 2 3 4 5 6 7

The evaluated web store makes appropriate

use of animation 1 2 3 4 5 6 7

It is important that a web store makes

appropriate use of animation 1 2 3 4 5 6 7

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Part H. Purchase behavior 1H. Please mark to what extend do you agree or not with each of the following statements

(USE A 7-POINT SCALE WHERE “7” REPRESENTS STRONGLY AGREE AD “1”

REPRESENTS STRONGLY DISAGREE):

Str

on

gly

dis

agre

e 2 3

Nei

ther

agre

e n

or

dis

agre

e 5 6

Str

on

gly

agre

e

I would definitely purchase again from the evaluated

web store in the future

1 2 3 4 5 6 7

I would definitely visit again the evaluated web store 1 2 3 4 5 6 7

I will definitely increase the frequency that I visit the

evaluated web store in the future

1 2 3 4 5 6 7

I will definitely increase the frequency that I purchase

products or services from the evaluated web store in the

future

1 2 3 4 5 6 7

In general I am completely satisfied by my on-line

shopping experience from the evaluated store

1 2 3 4 5 6 7

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Demographics

Gender Male 1

Female 2

Age -15 1

15-24 2

25-34 3

35-44 4

45-54 5

55-64 6

65+ 7

Residence Thrace 1 Sterea Ellada 7

East Macedonia 2 Peloponesus 9

Central Macedonia 3 Ionia Islads X

West Macedonia 4 Aegean Islads Ψ

Thessaly 5

Epirus 6

Educational Level

No school at all 1

3rd Class Elementary School-3rd Class High School 2

3rd Class Senior High School or other school of similar level 3

T.E.I. or other higher education of similar level 4

University Graduate or other similar institution graduate 5

Working Status

Self-Employed Employees Farmers 1 Scientists (Doctors, lawyers, etc.) 1

Owners of small businesses (no employees) 2 Managers 2

Owners of small family businesses (1-2 empl.) 3 Supervisors 3

Owners of small businesses (up to 50 empl.) 4 Office employees 4

Owners of businesses (50+ empl.) 5 Employees (not in office) 5

Scientists (Doctors, etc.) owners of businesses 6 Technicians 6

Housekeepers 7

Retired X Students 8

Unemployed 9

Household’s monthly income

Less the 400€ 1

401€-800€ 2

801€-1200€ 3

1201€-1600€ 4

1601€-2000€ 5

2001€ or more 6

Refuse to answer 99

Internet Usage Time spent per logon Times per week

Less the 1 hour 1 Less the 2 times per week 1

1-2 hours 2 3-4 times per week 2

2-3 hours 3 5-14 times per week 3

3-5 hours 4 14-21 times per week 4

5+ hours 5 21+times per week 5

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Appendix B – SPSS OUTPUT TABLES

Factor Analysis

KMO and Bartlett's Test

Kaiser-Meyer-Olkin Measure of Sampling Adequacy. .803

Bartlett's Test of Sphericity

Approx. Chi-Square 4242.545

df 378

Sig. .000

Communalities

Initial Extraction

q.1a on-line purchases 1.000 .687

q.2a value of on-line purchase 1.000 .574

q.3a percentage of electronic to total purchase 1.000 .504

q.1b satisfactory product categories amount 1.000 .747

q.2b satisfactory availabilty percentage 1.000 .602

q.1c convenient arrangement of products of evaluated store 1.000 .586

q.2c easy to manage shopping basket in evaluated store 1.000 .685

q.3c sufficient directions of usage in evaluated store 1.000 .650

q.1d effective guidance to correct entry errors 1.000 .563

q.2d protection of payment information in evaluated store 1.000 .595

q.3d private information will not be used in an unwanted manner 1.000 .581

q.1e not updated-updated 1.000 .594

q.2e insufficient-sufficient 1.000 .877

q.3e difficult to understand-easy to understand 1.000 .796

q.4e inconsistent-consistent 1.000 .513

q.5e not playfull-playfull 1.000 .783

q.6e irrelevant-relevant 1.000 .742

q.7e unreliably represented-reliably represented 1.000 .683

q.1f not updated-updated 1.000 .650

q.2f insufficient-sufficient 1.000 .753

q.3f inconsistent-consistent 1.000 .520

q.4f not playfull-playfull 1.000 .728

q.5f irrelevant-relevant 1.000 .593

q.1g convenient to order 1.000 .532

q.2g convenience to navigate wanted pages 1.000 .735

q.3g appropriate use of color in evaluated store 1.000 .607

q.4g convenience to search for a product 1.000 .707

q.5g tasteful sreen layout design in evaluated store 1.000 .537

Extraction Method: Principal Component Analysis.

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Total Variance Explained

Component

Initial Eigenvalues Extraction Sums of Squared

Loadings

Rotation Sums of Squared

Loadings

Total % of

Variance

Cumulative

% Total

% of

Variance

Cumulative

% Total

% of

Variance Cumulative %

1 4.926 17.593 17.593 4.926 17.593 17.593 4.850 17.322 17.322

2 3.483 12.439 30.032 3.483 12.439 30.032 3.155 11.269 28.590

3 2.809 10.034 40.066 2.809 10.034 40.066 3.042 10.864 39.455

4 2.111 7.540 47.605 2.111 7.540 47.605 1.972 7.043 46.498

5 1.936 6.915 54.521 1.936 6.915 54.521 1.927 6.883 53.381

6 1.504 5.370 59.891 1.504 5.370 59.891 1.710 6.108 59.489

7 1.355 4.840 64.731 1.355 4.840 64.731 1.468 5.242 64.731

8 .879 3.138 67.869

9 .829 2.961 70.830

10 .734 2.620 73.450

11 .666 2.377 75.827

12 .647 2.312 78.139

13 .606 2.165 80.304

14 .562 2.006 82.311

15 .542 1.937 84.247

16 .519 1.852 86.100

17 .479 1.711 87.810

18 .453 1.617 89.428

19 .437 1.562 90.990

20 .416 1.487 92.476

21 .358 1.280 93.757

22 .356 1.270 95.027

23 .331 1.183 96.210

24 .288 1.030 97.240

25 .254 .907 98.147

26 .213 .762 98.909

27 .191 .682 99.591

28 .114 .409 100.000

Extraction Method: Principal Component Analysis.

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Rotated Component Matrix(a)

Component

1 2 3 4 5 6 7

q.1a on-line purchases

.783

q.2a value of on-line purchase

.750

q.3a percentage of electronic to total purchase

.692

q.1b satisfactory product categories amount

.849

q.2b satisfactory availabilty percentage

.757

q.1c convenient arrangement of products of evaluated store

.754

q.2c easy to manage shopping basket in evaluated store

.820

q.3c sufficient directions of usage in evaluated store

.784

q.1d effective guidance to correct entry errors

.678

q.2d protection of payment information in evaluated store

.765

q.3d private information will not be used in an unwanted manner

.745

q.1e not updated-updated .757

q.2e insufficient-sufficient .936

q.3e difficult to understand-easy to understand .891

q.4e inconsistent-consistent .631

q.5e not playfull-playfull .880

q.6e irrelevant-relevant .857

q.7e unreliably represented-reliably represented .814

q.1f not updated-updated

.794

q.2f insufficient-sufficient

.860

q.3f inconsistent-consistent

.642

q.4f not playfull-playfull

.844

q.5f irrelevant-relevant

.756

q.1g convenient to order

.707

q.2g convenience to navigate wanted pages

.854

q.3g appropriate use of color in evaluated store

.744

q.4g convenience to search for a product

.831

q.5g tasteful sreen layout design in evaluated store

.698

Extraction Method: Principal Component Analysis.

Rotation Method: Varimax with Kaiser Normalization.

a Rotation converged in 5 iterations.

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Component Transformation Matrix

Component 1 2 3 4 5 6 7

1 .980 .171 -.001 .001 -.098 .024 -.010

2 .147 -.703 .657 -.035 .216 -.034 .057

3 -.107 .659 .708 .182 .080 .069 .093

4 .061 -.020 -.224 .417 .696 .524 .116

5 .009 -.125 -.043 .865 -.223 -.428 .048

6 -.032 -.114 .005 .040 -.485 .450 .739

7 .042 .113 -.121 -.207 .411 -.578 .652

Extraction Method: Principal Component Analysis.

Rotation Method: Varimax with Kaiser Normalization.

Correlations – Hypotheses Test

Hypothesis H1

Descriptive Statistics

Mean Std. Deviation N

q.5h self reported overall satisfaction 5.74 .621 359

q.6h Index based overall satisfaction 4.79 .582 359

FAC1_1 REGR factor score 1 for analysis 1 .0000000 1.00000000 359

Correlations

q.5h self reported

overall satisfaction

q.6h Index based

overall satisfaction

FAC1_1 REGR factor

score 1 for analysis 1

q.5h self reported

overall satisfaction

Pearson

Correlation 1 .929(**) .503(**)

Sig. (2-tailed) . .000 .000

N 359 359 359

q.6h Index based

overall satisfaction

Pearson

Correlation .929(**) 1 .544(**)

Sig. (2-tailed) .000 . .000

N 359 359 359

FAC1_1 REGR factor

score 1 for analysis 1

Pearson

Correlation .503(**) .544(**) 1

Sig. (2-tailed) .000 .000 .

N 359 359 359

** Correlation is significant at the 0.01 level (2-tailed).

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Hypothesis H2

Correlations

q.5h self reported

overall satisfaction

q.6h Index based

overall satisfaction

FAC2_1 REGR factor

score 2 for analysis 1

q.5h self reported

overall satisfaction

Pearson

Correlation 1 .929(**) .297(**)

Sig. (2-tailed) . .000 .000

N 359 359 359

q.6h Index based

overall satisfaction

Pearson

Correlation .929(**) 1 .315(**)

Sig. (2-tailed) .000 . .000

N 359 359 359

FAC2_1 REGR factor

score 2 for analysis 1

Pearson

Correlation .297(**) .315(**) 1

Sig. (2-tailed) .000 .000 .

N 359 359 359

** Correlation is significant at the 0.01 level (2-tailed).

Hypothesis H3

Descriptive Statistics

Mean Std. Deviation N

q.5h self reported overall satisfaction 5.74 .621 359

q.6h Index based overall satisfaction 4.79 .582 359

FAC3_1 REGR factor score 3 for analysis 1 .0000000 1.00000000 359

Correlations

q.5h self reported

overall satisfaction

q.6h Index based

overall satisfaction

FAC3_1 REGR factor

score 3 for analysis 1

q.5h self reported

overall satisfaction

Pearson

Correlation 1 .929(**) .228(**)

Sig. (2-tailed) . .000 .000

N 359 359 359

q.6h Index based

overall satisfaction

Pearson

Correlation .929(**) 1 .254(**)

Sig. (2-tailed) .000 . .000

N 359 359 359

FAC3_1 REGR factor

score 3 for analysis 1

Pearson

Correlation .228(**) .254(**) 1

Sig. (2-tailed) .000 .000 .

N 359 359 359

** Correlation is significant at the 0.01 level (2-tailed).

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Hypothesis H4

Descriptive Statistics

Mean Std. Deviation N

q.5h self reported overall satisfaction 5.74 .621 359

q.6h Index based overall satisfaction 4.79 .582 359

FAC4_1 REGR factor score 4 for analysis 1 .0000000 1.00000000 359

Correlations

q.5h self reported

overall satisfaction

q.6h Index based

overall satisfaction

FAC4_1 REGR factor

score 4 for analysis 1

q.5h self reported

overall satisfaction

Pearson

Correlation 1 .929(**) .209(**)

Sig. (2-tailed) . .000 .000

N 359 359 359

q.6h Index based

overall satisfaction

Pearson

Correlation .929(**) 1 .205(**)

Sig. (2-tailed) .000 . .000

N 359 359 359

FAC4_1 REGR factor

score 4 for analysis 1

Pearson

Correlation .209(**) .205(**) 1

Sig. (2-tailed) .000 .000 .

N 359 359 359

** Correlation is significant at the 0.01 level (2-tailed).

Hypothesis H5

Descriptive Statistics

Mean Std. Deviation N

q.5h self reported overall satisfaction 5.74 .621 359

q.6h Index based overall satisfaction 4.79 .582 359

FAC5_1 REGR factor score 5 for analysis 1 .0000000 1.00000000 359

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Correlations

q.5h self reported

overall satisfaction

q.6h Index based

overall satisfaction

FAC5_1 REGR factor

score 5 for analysis 1

q.5h self reported

overall satisfaction

Pearson

Correlation 1 .929(**) -.025

Sig. (2-tailed) . .000 .643

N 359 359 359

q.6h Index based

overall satisfaction

Pearson

Correlation .929(**) 1 -.050

Sig. (2-tailed) .000 . .341

N 359 359 359

FAC5_1 REGR factor

score 5 for analysis 1

Pearson

Correlation -.025 -.050 1

Sig. (2-tailed) .643 .341 .

N 359 359 359

** Correlation is significant at the 0.01 level (2-tailed).

Hypothesis H6

Descriptive Statistics

Mean Std. Deviation N

q.5h self reported overall satisfaction 5.74 .621 359

q.6h Index based overall satisfaction 4.79 .582 359

FAC6_1 REGR factor score 6 for analysis 1 .0000000 1.00000000 359

Correlations

q.5h self reported

overall satisfaction

q.6h Index based

overall satisfaction

FAC6_1 REGR factor

score 6 for analysis 1

q.5h self reported

overall satisfaction

Pearson

Correlation 1 .929(**) .180(**)

Sig. (2-tailed) . .000 .001

N 359 359 359

q.6h Index based

overall satisfaction

Pearson

Correlation .929(**) 1 .203(**)

Sig. (2-tailed) .000 . .000

N 359 359 359

FAC6_1 REGR factor

score 6 for analysis 1

Pearson

Correlation .180(**) .203(**) 1

Sig. (2-tailed) .001 .000 .

N 359 359 359

** Correlation is significant at the 0.01 level (2-tailed).

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Hypothesis H7

Descriptive Statistics

Mean Std. Deviation N

q.5h self reported overall satisfaction 5.74 .621 359

q.6h Index based overall satisfaction 4.79 .582 359

FAC7_1 REGR factor score 7 for analysis 1 .0000000 1.00000000 359

Correlations

q.5h self reported

overall satisfaction

q.6h Index based

overall satisfaction

FAC7_1 REGR factor

score 7 for analysis 1

q.5h self reported

overall satisfaction

Pearson

Correlation 1 .929(**) .179(**)

Sig. (2-tailed) . .000 .001

N 359 359 359

q.6h Index based

overall satisfaction

Pearson

Correlation .929(**) 1 .176(**)

Sig. (2-tailed) .000 . .001

N 359 359 359

FAC7_1 REGR factor

score 7 for analysis 1

Pearson

Correlation .179(**) .176(**) 1

Sig. (2-tailed) .001 .001 .

N 359 359 359

** Correlation is significant at the 0.01 level (2-tailed).

Reliability

Factor 5

Case Processing Summary

N %

Cases

Valid 359 100.0

Excluded(a) 0 .0

Total 359 100.0

a Listwise deletion based on all variables in the procedure.

Reliability Statistics

Cronbach's Alpha N of Items

.645 3

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Reliability

Factor 7

Case Processing Summary

N %

Cases

Valid 359 100.0

Excluded(a) 0 .0

Total 359 100.0

a Listwise deletion based on all variables in the procedure.

Reliability Statistics

Cronbach's Alpha N of Items

.549 2

Reliability

Factor 4

Case Processing Summary

N %

Cases

Valid 359 100.0

Excluded(a) 0 .0

Total 359 100.0

a Listwise deletion based on all variables in the procedure.

Reliability Statistics

Cronbach's Alpha N of Items

.705 3

Reliability

Factor 6

Case Processing Summary

N %

Cases

Valid 359 100.0

Excluded(a) 0 .0

Total 359 100.0

a Listwise deletion based on all variables in the procedure.

Reliability Statistics

Cronbach's Alpha N of Items

.585 3

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Reliability

Factor 1

Case Processing Summary

N %

Cases

Valid 359 100.0

Excluded(a) 0 .0

Total 359 100.0

a Listwise deletion based on all variables in the procedure.

Reliability Statistics

Cronbach's Alpha N of Items

.923 7

Reliability

Factor 3

Case Processing Summary

N %

Cases

Valid 359 100.0

Excluded(a) 0 .0

Total 359 100.0

a Listwise deletion based on all variables in the procedure.

Reliability Statistics

Cronbach's Alpha N of Items

.839 5

Reliability

Factor 2

Case Processing Summary

N %

Cases

Valid 359 100.0

Excluded(a) 0 .0

Total 359 100.0

a Listwise deletion based on all variables in the procedure.

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Reliability Statistics

Cronbach's Alpha N of Items

.830 5

Regression Analysis

Model Summary(b)

Model R R Square Adjusted R Square Std. Error of the Estimate Durbin-Watson

1 .759(a) .576 .567 .383 1.750

a Predictors: (Constant). FAC7_1 REGR factor score 7 for analysis 1 . FAC6_1 REGR factor score 6 for analysis 1 .

FAC5_1 REGR factor score 5 for analysis 1 . FAC4_1 REGR factor score 4 for analysis 1 . FAC3_1 REGR factor

score 3 for analysis 1 . FAC2_1 REGR factor score 2 for analysis 1 . FAC1_1 REGR factor score 1 for analysis 1

b Dependent Variable: q.6h Index based overall satisfaction

ANOVA(b)

Model

Sum of Squares df Mean Square F Sig.

1

Regression 69.848 7 9.978 68.030 .000(a)

Residual 51.483 351 .147

Total 121.331 358

a Predictors: (Constant). FAC7_1 REGR factor score 7 for analysis 1 . FAC6_1 REGR factor score 6 for analysis 1 .

FAC5_1 REGR factor score 5 for analysis 1 . FAC4_1 REGR factor score 4 for analysis 1 . FAC3_1 REGR factor

score 3 for analysis 1 . FAC2_1 REGR factor score 2 for analysis 1 . FAC1_1 REGR factor score 1 for analysis 1

b Dependent Variable: q.6h Index based overall satisfaction

Coefficients(a)

Model

Unstandardized

Coefficients

Standardized

Coefficients

t Sig.

B Std. Error

Beta

1

(Constant) 4.791 .020

237.030 .000

FAC1_1 REGR factor score 1 for

analysis 1 .317 .020 .544 15.642 .000

FAC2_1 REGR factor score 2 for

analysis 1 .183 .020 .315 9.046 .000

FAC3_1 REGR factor score 3 for

analysis 1 .148 .020 .254 7.298 .000

FAC4_1 REGR factor score 4 for

analysis 1 .119 .020 .205 5.892 .000

FAC5_1 REGR factor score 5 for

analysis 1 -.029 .020 -.050 -1.448 .148

FAC6_1 REGR factor score 6 for

analysis 1 .118 .020 .203 5.827 .000

FAC7_1 REGR factor score 7 for

analysis 1 .103 .020 .176 5.067 .000

a Dependent Variable: q.6h Index based overall satisfaction

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Casewise Diagnostics(a)

Case Number Std. Residual q.6h Index based overall satisfaction

37 -3.088 4

a Dependent Variable: q.6h Index based overall satisfaction

Residuals Statistics(a)

Minimum Maximum Mean Std. Deviation N

Predicted Value 3.25 5.54 4.79 .442 359

Residual -1.183 1.022 .000 .379 359

Std. Predicted Value -3.486 1.697 .000 1.000 359

Std. Residual -3.088 2.670 .000 .990 359

a Dependent Variable: q.6h Index based overall satisfaction

Regression Analysis

Model Summary(b)

Model R R Square Adjusted R Square Std. Error of the Estimate Durbin-Watson

1 .708(a) .501 .492 .442 1.811

a Predictors: (Constant). FAC7_1 REGR factor score 7 for analysis 1 . FAC6_1 REGR factor score 6 for analysis 1 .

FAC5_1 REGR factor score 5 for analysis 1 . FAC4_1 REGR factor score 4 for analysis 1 . FAC3_1 REGR factor

score 3 for analysis 1 . FAC2_1 REGR factor score 2 for analysis 1 . FAC1_1 REGR factor score 1 for analysis 1

b Dependent Variable: q.5h self reported overall satisfaction

ANOVA(b)

Model

Sum of Squares df Mean Square F Sig.

1

Regression 69.135 7 9.876 50.442 .000(a)

Residual 68.725 351 .196

Total 137.861 358

a Predictors: (Constant). FAC7_1 REGR factor score 7 for analysis 1 . FAC6_1 REGR factor score 6 for analysis 1 .

FAC5_1 REGR factor score 5 for analysis 1 . FAC4_1 REGR factor score 4 for analysis 1 . FAC3_1 REGR factor

score 3 for analysis 1 . FAC2_1 REGR factor score 2 for analysis 1 . FAC1_1 REGR factor score 1 for analysis 1

b Dependent Variable: q.5h self reported overall satisfaction

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Coefficients(a)

Model

Unstandardized

Coefficients

Standardized

Coefficients

t Sig.

B Std. Error

Beta

1

(Constant) 5.735 .023

245.587 .000

FAC1_1 REGR factor score 1 for

analysis 1 .312 .023 .503 13.343 .000

FAC2_1 REGR factor score 2 for

analysis 1 .184 .023 .297 7.880 .000

FAC3_1 REGR factor score 3 for

analysis 1 .141 .023 .228 6.042 .000

FAC4_1 REGR factor score 4 for

analysis 1 .130 .023 .209 5.553 .000

FAC5_1 REGR factor score 5 for

analysis 1 -.015 .023 -.025 -.651 .515

FAC6_1 REGR factor score 6 for

analysis 1 .111 .023 .180 4.764 .000

FAC7_1 REGR factor score 7 for

analysis 1 .111 .023 .179 4.744 .000

a Dependent Variable: q.5h self reported overall satisfaction

Casewise Diagnostics(a)

Case Number Std. Residual q.5h self reported overall satisfaction

20 -3.901 4

99 -3.012 4

a Dependent Variable: q.5h self reported overall satisfaction

Residuals Statistics(a)

Minimum Maximum Mean Std. Deviation N

Predicted Value 4.24 6.50 5.74 .439 359

Residual -1.726 1.101 .000 .438 359

Std. Predicted Value -3.400 1.749 .000 1.000 359

Std. Residual -3.901 2.489 .000 .990 359

a Dependent Variable: q.5h self reported overall satisfaction

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Regression Analysis

Descriptive Statistics

Mean Std. Deviation N

q.1h Repurchase intention 6.32 .631 359

q.6h Index based overall satisfaction 4.79 .582 359

Correlations

q.1h Repurchase

intention

q.6h Index based overall

satisfaction

Pearson

Correlation

q.1h Repurchase intention 1.000 .663

q.6h Index based overall

satisfaction .663 1.000

Sig. (1-tailed)

q.1h Repurchase intention . .000

q.6h Index based overall

satisfaction .000 .

N

q.1h Repurchase intention 359 359

q.6h Index based overall

satisfaction 359 359

Model Summary(b)

Model R R Square Adjusted R Square Std. Error of the Estimate Durbin-Watson

1 .663(a) .440 .439 .473 1.937

a Predictors: (Constant). q.6h Index based overall satisfaction

b Dependent Variable: q.1h Repurchase intention

ANOVA(b)

Model

Sum of Squares df Mean Square F Sig.

1

Regression 62.719 1 62.719 280.587 .000(a)

Residual 79.799 357 .224

Total 142.518 358

a Predictors: (Constant). q.6h Index based overall satisfaction

b Dependent Variable: q.1h Repurchase intention

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Coefficients(a)

Model

Unstandardized

Coefficients

Standardized

Coefficients

t Sig.

B Std. Error

Beta

1

(Constant) 2.878 .207

13.895 .000

q.6h Index based overall

satisfaction .719 .043 .663 16.751 .000

a Dependent Variable: q.1h Repurchase intention

Residuals Statistics(a)

Minimum Maximum Mean Std. Deviation N

Predicted Value 5.04 7.19 6.32 .419 359

Residual -.754 .527 .000 .472 359

Std. Predicted Value -3.077 2.077 .000 1.000 359

Std. Residual -1.596 1.114 .000 .999 359

a Dependent Variable: q.1h Repurchase intention

Regression Analysis

Descriptive Statistics

Mean Std. Deviation N

q.2h revisit intention 5.02 1.335 359

q.6h Index based overall satisfaction 4.79 .582 359

Correlations

q.2h revisit

intention

q.6h Index based overall

satisfaction

Pearson

Correlation

q.2h revisit intention 1.000 .788

q.6h Index based overall

satisfaction .788 1.000

Sig. (1-tailed)

q.2h revisit intention . .000

q.6h Index based overall

satisfaction .000 .

N

q.2h revisit intention 359 359

q.6h Index based overall

satisfaction 359 359

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Model Summary(b)

Model R R Square Adjusted R Square Std. Error of the Estimate Durbin-Watson

1 .788(a) .621 .620 .823 1.903

a Predictors: (Constant). q.6h Index based overall satisfaction

b Dependent Variable: q.2h revisit intention

ANOVA(b)

Model

Sum of Squares df Mean Square F Sig.

1

Regression 396.205 1 396.205 585.221 .000(a)

Residual 241.695 357 .677

Total 637.900 358

a Predictors: (Constant). q.6h Index based overall satisfaction

b Dependent Variable: q.2h revisit intention

Coefficients(a)

Model

Unstandardized

Coefficients

Standardized

Coefficients

t Sig.

B Std. Error

Beta

1

(Constant) -3.641 .361

-

10.100 .000

q.6h Index based overall

satisfaction 1.807 .075 .788 24.191 .000

a Dependent Variable: q.2h revisit intention

Casewise Diagnostics(a)

Case Number Std. Residual q.2h revisit intention

125 -3.891 4

171 -3.891 4

202 -3.891 4

a Dependent Variable: q.2h revisit intention

Residuals Statistics(a)

Minimum Maximum Mean Std. Deviation N

Predicted Value 1.78 7.20 5.02 1.052 359

Residual -3.201 2.220 .000 .822 359

Std. Predicted Value -3.077 2.077 .000 1.000 359

Std. Residual -3.891 2.698 .000 .999 359

a Dependent Variable: q.2h revisit intention

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Regression Analysis

Descriptive Statistics

Mean Std. Deviation N

q.3h revisit frequency 6.44 .961 359

q.6h Index based overall satisfaction 4.79 .582 359

Correlations

q.3h revisit

frequency

q.6h Index based overall

satisfaction

Pearson

Correlation

q.3h revisit frequency 1.000 .898

q.6h Index based overall

satisfaction .898 1.000

Sig. (1-tailed)

q.3h revisit frequency . .000

q.6h Index based overall

satisfaction .000 .

N

q.3h revisit frequency 359 359

q.6h Index based overall

satisfaction 359 359

Model Summary(b)

Model R R Square Adjusted R Square Std. Error of the Estimate Durbin-Watson

1 .898(a) .807 .806 .423 1.941

a Predictors: (Constant). q.6h Index based overall satisfaction

b Dependent Variable: q.3h revisit frequency

ANOVA(b)

Model

Sum of Squares df Mean Square F Sig.

1

Regression 266.442 1 266.442 1488.632 .000(a)

Residual 63.898 357 .179

Total 330.340 358

a Predictors: (Constant). q.6h Index based overall satisfaction

b Dependent Variable: q.3h revisit frequency

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Coefficients(a)

Model

Unstandardized

Coefficients

Standardized

Coefficients

t Sig.

B Std. Error

Beta

1

(Constant) -.663 .185

-3.574 .000

q.6h Index based overall

satisfaction 1.482 .038 .898 38.583 .000

a Dependent Variable: q.3h revisit frequency

Residuals Statistics(a)

Minimum Maximum Mean Std. Deviation N

Predicted Value 3.78 8.23 6.44 .863 359

Residual -1.229 .253 .000 .422 359

Std. Predicted Value -3.077 2.077 .000 1.000 359

Std. Residual -2.905 .598 .000 .999 359

a Dependent Variable: q.3h revisit frequency

Regression Analysis

Descriptive Statistics

Mean Std. Deviation N

q.4h repurchase frequency 5.45 .917 359

q.6h Index based overall satisfaction 4.79 .582 359

Correlations

q.4h repurchase

frequency

q.6h Index based overall

satisfaction

Pearson

Correlation

q.4h repurchase frequency 1.000 .894

q.6h Index based overall

satisfaction .894 1.000

Sig. (1-tailed)

q.4h repurchase frequency . .000

q.6h Index based overall

satisfaction .000 .

N

q.4h repurchase frequency 359 359

q.6h Index based overall

satisfaction 359 359

Model Summary(b)

Model R R Square Adjusted R Square Std. Error of the Estimate Durbin-Watson

1 .894(a) .799 .799 .411 1.965

a Predictors: (Constant). q.6h Index based overall satisfaction

b Dependent Variable: q.4h repurchase frequency

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ANOVA(b)

Model

Sum of Squares df Mean Square F Sig.

1

Regression 240.561 1 240.561 1423.382 .000(a)

Residual 60.335 357 .169

Total 300.897 358

a Predictors: (Constant). q.6h Index based overall satisfaction

b Dependent Variable: q.4h repurchase frequency

Coefficients(a)

Model

Unstandardized

Coefficients

Standardized

Coefficients

t Sig.

B Std. Error

Beta

1

(Constant) -1.295 .180

-7.189 .000

q.6h Index based overall

satisfaction 1.408 .037 .894 37.728 .000

a Dependent Variable: q.4h repurchase frequency

Residuals Statistics(a)

Minimum Maximum Mean Std. Deviation N

Predicted Value 2.93 7.15 5.45 .820 359

Residual -1.153 .255 .000 .411 359

Std. Predicted Value -3.077 2.077 .000 1.000 359

Std. Residual -2.806 .619 .000 .999 359

a Dependent Variable: q.4h repurchase frequency

Regression Analysis

Descriptive Statistics

Mean Std. Deviation N

q.4h repurchase frequency 5.45 .917 359

q.5h self reported overall satisfaction 5.74 .621 359

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Correlations

q.4h repurchase

frequency

q.5h self reported overall

satisfaction

Pearson

Correlation

q.4h repurchase frequency 1.000 .834

q.5h self reported overall

satisfaction .834 1.000

Sig. (1-tailed)

q.4h repurchase frequency . .000

q.5h self reported overall

satisfaction .000 .

N

q.4h repurchase frequency 359 359

q.5h self reported overall

satisfaction 359 359

Model Summary(b)

Model R R Square Adjusted R Square Std. Error of the Estimate Durbin-Watson

1 .834(a) .696 .695 .507 2.171

a Predictors: (Constant). q.5h self reported overall satisfaction

b Dependent Variable: q.4h repurchase frequency

ANOVA(b)

Model

Sum of Squares df Mean Square F Sig.

1

Regression 209.309 1 209.309 815.865 .000(a)

Residual 91.588 357 .257

Total 300.897 358

a Predictors: (Constant). q.5h self reported overall satisfaction

b Dependent Variable: q.4h repurchase frequency

Coefficients(a)

Model

Unstandardized Coefficients Standardized Coefficients

t Sig. B Std. Error

Beta

1 (Constant) -1.616 .249

-6.493 .000

q.5h self reported overall satisfaction 1.232 .043 .834 28.563 .000

a Dependent Variable: q.4h repurchase frequency

Residuals Statistics(a)

Minimum Maximum Mean Std. Deviation N

Predicted Value 3.31 7.01 5.45 .765 359

Residual -1.009 1.455 .000 .506 359

Std. Predicted Value -2.796 2.038 .000 1.000 359

Std. Residual -1.993 2.872 .000 .999 359

a Dependent Variable: q.4h repurchase frequency

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Regression Analysis

Descriptive Statistics

Mean Std. Deviation N

q.3h revisit frequency 6.44 .961 359

q.5h self reported overall satisfaction 5.74 .621 359

Correlations

q.3h revisit

frequency

q.5h self reported overall

satisfaction

Pearson

Correlation

q.3h revisit frequency 1.000 .837

q.5h self reported overall

satisfaction .837 1.000

Sig. (1-tailed)

q.3h revisit frequency . .000

q.5h self reported overall

satisfaction .000 .

N

q.3h revisit frequency 359 359

q.5h self reported overall

satisfaction 359 359

Model Summary(b)

Model R R Square Adjusted R Square Std. Error of the Estimate Durbin-Watson

1 .837(a) .700 .699 .527 2.137

a Predictors: (Constant). q.5h self reported overall satisfaction

b Dependent Variable: q.3h revisit frequency

ANOVA(b)

Model

Sum of Squares df Mean Square F Sig.

1

Regression 231.238 1 231.238 833.003 .000(a)

Residual 99.102 357 .278

Total 330.340 358

a Predictors: (Constant). q.5h self reported overall satisfaction

b Dependent Variable: q.3h revisit frequency

Coefficients(a)

Model

Unstandardized

Coefficients

Standardized

Coefficients

t Sig.

B Std. Error

Beta

1

(Constant) -.991 .259

-3.827 .000

q.5h self reported overall

satisfaction 1.295 .045 .837 28.862 .000

a Dependent Variable: q.3h revisit frequency

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Residuals Statistics(a)

Minimum Maximum Mean Std. Deviation N

Predicted Value 4.19 8.08 6.44 .804 359

Residual -1.190 1.515 .000 .526 359

Std. Predicted Value -2.796 2.038 .000 1.000 359

Std. Residual -2.258 2.876 .000 .999 359

a Dependent Variable: q.3h revisit frequency

Regression Analysis

Descriptive Statistics

Mean Std. Deviation N

q.2h revisit intention 5.02 1.335 359

q.5h self reported overall satisfaction 5.74 .621 359

Correlations

q.2h revisit

intention

q.5h self reported overall

satisfaction

Pearson

Correlation

q.2h revisit intention 1.000 .740

q.5h self reported overall

satisfaction .740 1.000

Sig. (1-tailed)

q.2h revisit intention . .000

q.5h self reported overall

satisfaction .000 .

N

q.2h revisit intention 359 359

q.5h self reported overall

satisfaction 359 359

Model Summary(b)

Model R R Square Adjusted R Square Std. Error of the Estimate Durbin-Watson

1 .740(a) .548 .547 .898 2.055

a Predictors: (Constant). q.5h self reported overall satisfaction

b Dependent Variable: q.2h revisit intention

ANOVA(b)

Model

Sum of Squares df Mean Square F Sig.

1

Regression 349.764 1 349.764 433.359 .000(a)

Residual 288.135 357 .807

Total 637.900 358

a Predictors: (Constant). q.5h self reported overall satisfaction

b Dependent Variable: q.2h revisit intention

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Coefficients(a)

Model

Unstandardized Coefficients Standardized Coefficients

t Sig. B Std. Error

Beta

1 (Constant) -4.119 .441

-9.331 .000

q.5h self reported overall satisfaction 1.593 .077 .740 20.817 .000

a Dependent Variable: q.2h revisit intention

Casewise Diagnostics(a)

Case Number Std. Residual q.2h revisit intention

125 -3.374 4

171 -3.374 4

202 -3.374 4

a Dependent Variable: q.2h revisit intention

Residuals Statistics(a)

Minimum Maximum Mean Std. Deviation N

Predicted Value 2.25 7.03 5.02 .988 359

Residual -3.031 2.155 .000 .897 359

Std. Predicted Value -2.796 2.038 .000 1.000 359

Std. Residual -3.374 2.398 .000 .999 359

a Dependent Variable: q.2h revisit intention

Regression Analysis

Descriptive Statistics

Mean Std. Deviation N

q.1h Repurchase intention 6.32 .631 359

q.5h self reported overall satisfaction 5.74 .621 359

Correlations

q.1h Repurchase

intention

q.5h self reported overall

satisfaction

Pearson

Correlation

q.1h Repurchase intention 1.000 .640

q.5h self reported overall

satisfaction .640 1.000

Sig. (1-tailed)

q.1h Repurchase intention . .000

q.5h self reported overall

satisfaction .000 .

N

q.1h Repurchase intention 359 359

q.5h self reported overall

satisfaction 359 359

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Model Summary(b)

Model R R Square Adjusted R Square Std. Error of the Estimate Durbin-Watson

1 .640(a) .409 .408 .486 1.956

a Predictors: (Constant). q.5h self reported overall satisfaction

b Dependent Variable: q.1h Repurchase intention

ANOVA(b)

Model

Sum of Squares df Mean Square F Sig.

1

Regression 58.359 1 58.359 247.558 .000(a)

Residual 84.159 357 .236

Total 142.518 358

a Predictors: (Constant). q.5h self reported overall satisfaction

b Dependent Variable: q.1h Repurchase intention

Coefficients(a)

Model

Unstandardized

Coefficients

Standardized

Coefficients

t Sig.

B Std. Error

Beta

1

(Constant) 2.592 .239

10.864 .000

q.5h self reported overall

satisfaction .651 .041 .640 15.734 .000

a Dependent Variable: q.1h Repurchase intention

Residuals Statistics(a)

Minimum Maximum Mean Std. Deviation N

Predicted Value 5.19 7.15 6.32 .404 359

Residual -.845 1.155 .000 .485 359

Std. Predicted Value -2.796 2.038 .000 1.000 359

Std. Residual -1.740 2.380 .000 .999 359

a Dependent Variable: q.1h Repurchase intention


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