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Value Congruence and Trust Online - Their Impact on Privacy and Price Premiums (Hardcover, New)
Loot Price: R2,107
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Value Congruence and Trust Online - Their Impact on Privacy and Price Premiums (Hardcover, New)
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The rise of the internet as a global trading platform has focused
increased attention on trust in business relations. Ebay is just
one example of the thousands of online auctions and exchanges that
facilitate transactions among parties who may not be able to
directly communicate. In these exchanges, trust is facilitated
through the use of rating systems. Research indicates that trust is
positively related to consumer willingness to pay higher prices and
disclose information. This pioneering study shows that in addition
to trust, a value congruence strategy can be employed to charge
higher prices and increase disclosure of personal information.
Value congruence reflects shared beliefs between the firm and the
consumer. In fact, the author finds that value congruence is more
powerful than trust in fostering these desired outcomes. Value
Congruence and Trust Online is must reading for any business
scholar or executive concerned with pricing, privacy issues, and
marketing strategy online. Marketing academics will also find great
value in the rigorous and detailed method and model employed. The
results are a significant advance in our understanding of how to
effectively market online.
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