Multi-Story Trust and Online Retailer Strategies

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Abstract:

In this paper we review recommendations for increasing consumer trust in e-commerce, then draw on new empirical evidence to show that consumers differentiate between online retail offers in their stories of 'trust'. McGoldrick, Keeling and Toelke (2001) demonstrated the extent to which different categories of merchandise require individual consideration as they are migrated to e-commerce. This paper extends that analysis to argue that different merchandise categories require the development of different levels and types of trust, when designing the online offer. These findings are related to risk theory to contribute to the discussion on building trust in online transactions.

Keywords: Internet; Trust; e-tailing; perceived risk; retail strategy; risk reduction

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/0959396042000260889

Affiliations: 1: International Centre for Retail Studies in the Manchester Business School UK 2: Department of Informatics University of Manchester Manchester UK

Publication date: October 1, 2004

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