Behavioural segmentation analysis of online consumer audience in Turkey by using real e-commerce transaction data

2017-01-01
Huseynov, Farid
Özkan Yıldırım, Sevgi
This study is about determining the different consumer segments in online shopping platforms. Consumer segmentation is a marketing strategy which involves firstly dividing customers into groups based on their underlying characteristics, needs and interests, and then designing and implementing strategies to target them. One of the most common types of segmentation approaches is behavioural segmentation analysis in which consumers are grouped based on their certain behavioural characteristics such as decision making, spending, usage, etc. This study carried out behavioural segmentation analysis based on real e-commerce transaction records of 10,000 online customers and found five different types of online consumer segments which are opportunist customers, transient customers, need-based shoppers, skeptical newcomers and repetitive purchasers. Behavioural characteristics of each segment were discussed in detail and recommendations were made about how to approach to each segment in order to increase their online shopping rates. Understanding the behavioural characteristics of each segment will enable the selling companies to develop marketing strategies accordingly.
International Journal of Economics and Business Research

Suggestions

Determination of factors that cause shopping hesitation
Külter Demirgüneş, Banu (Orta Doğu Teknik Üniversitesi (Ankara, Turkey), 2018-4)
This study aims to provide general understanding of different set of factors that cause hesitation in buying electronic products. The study proposes seven cosntructs that predict shopping hesitation. The research model offers that consumer traits of innovativeness, risk averseness, brand consciousness, price/value consciousness, confused by over choice and contextual factors as time pressure and negative past experience cause shopping hesitation. The study tries to answer if these seven factors pertain...
Multi-channel retailing with product differentiation
Uğur, Havva Gülçin; Karaer, Özgen; Department of Industrial Engineering (2015)
In this study, we analyze a monopolist retailer’s product differentiation problem in a multi-channel environment. We investigate the type of conditions that would motivate retailer to open an outlet branch, to open an online channel, and to even potentially open an online channel for the outlet branch, and how these decisions interact with each other. We use quality and price as the primary drivers in the outlet business decision in a vertical differentiation model. In the outlet business decision, specific...
The effect of individual digitalization level on consumer risk perception
Birinci, Şehide Ruken; Department of Business Administration (2022-6)
This study investigates the role of risk perception in the online shopping context. The effects of degree of consumer digitalization, product involvement, consumer innovativeness, price sensitivity, and level of internet use on twelve different perceived risk dimensions- financial risk, economic risk, performance risk, product risk, time risk, privacy risk, security risk, social risk, psychological risk, after-sale risk, delivery risk, and transaction risk- are explored based on a multicultural sample of re...
Dynamic pricing for airline revenue management problem with cancellation possibility
Selçuk, Ahmet Melih; Avşar, Zeynep Müge; Department of Operational Research (2014)
In this study, dynamic pricing methods are developed for airline revenue management problem. The bookings for a particular flight are considered in two classes as restricted and flexible bookings representing whether the buyer can claim a refund in case of a cancellation. The different classes of bookings are considered for the same inventory to be sold at different prices. For pricing the restricted bookings, the principle ideas in revenue management literature are adopted to maximize revenues by managing ...
Online Consumer Typologies and Their Shopping Behaviors in B2C E-Commerce Platforms
Huseynov, Farid; Özkan Yıldırım, Sevgi (2019-05-01)
Consumer behavior in e-commerce platforms is one of the extensively researched area. Numerous studies in this field assessed consumer online shopping behavior from various aspects. However, literature review showed that most of the conducted studies do not carry out market segmentation analysis while accessing shopping behavior of online consumers. Therefore, the general conclusions made by these studies about consumer attitude, behavior, and decision-making process might not reflect actual behaviors of dif...
Citation Formats
F. Huseynov and S. Özkan Yıldırım, “Behavioural segmentation analysis of online consumer audience in Turkey by using real e-commerce transaction data,” International Journal of Economics and Business Research, pp. 12–28, 2017, Accessed: 00, 2020. [Online]. Available: https://hdl.handle.net/11511/30374.