Araştırma Makalesi

Leveraging AI to Study the Impact of COVID-19 on Consumer Online Purchase Behaviour: A Study of Konya

Cilt: 1 Sayı: 1 25 Şubat 2022
Kamola Bayram , Hüseyin Ergun , Yonis Gulzar , Hasan Basri Alım , Yasir Hamid
PDF İndir
TR EN

Leveraging AI to Study the Impact of COVID-19 on Consumer Online Purchase Behaviour: A Study of Konya

Abstract

The paper intends to address the impact of the COVID-19 crisis upon consumer online shopping behaviour, focusing on the factors that affect the decision making towards the choice of e-commerce platform. The study relies on interpreting answers received from the Konya Chamber of Commerce to a questionnaire applied online. The problem of choosing one e-commerce platform over another in terms of convenience, popularity, familiarity, benefits, and transparency is introduced. The study also investigates the main factors that influence different generations’ behaviour towards choosing the online shopping platforms, product items, and respondents’ willingness to support the local (Only from Konya) online retailers. The study implies AI techniques to find and identify the prospective customers most likely to shop from the local suppliers. An AI model has been developed that predicts the customers’ likelihood of preferring regionally local suppliers over the nationwide counterpart. The trained model reported an accuracy of 0.91 on the testing set, which means that given the customer’s data, the model predicts that 91% of the people are willing to buy from a local supplier. This model can be used for targeted advertisement for specific people at a specific time which improve the sales. The study adopts a descriptive research method and aims at describing the attitude of people living in Konya, represented by the members of the Konya Chamber of Commerce.

Keywords

Consumer behaviour , COVID-19 , Turkey , Online shopping , e-commerce , Artificial Intelligence

Kaynakça

  1. A. J. Rohm and V. Swaminathan, A typology of online shoppers based on shopping motivations, Journal of Business Research, 57(7), 748-757, 2004.
  2. A. Rangaswami and S. Gupta, Innovation Adoption and Diffusion in the Digital Environments: Some Research Opportunities. In Vijay Mahajan, Eitan Muller, and Yoram Wind (Eds.), New Product Diffusion Models, New York: Springer, 2000.
  3. Accenture (2020). How COVID-19 Will Change Consumer Behavior https://www.accenture.com/_ acnmedia/PDF-134/Accenture-COVID19-Consumer-Behaviour-Survey-Research-PoV.pdf
  4. Ambrus A., Field E. and Gonzalez R., 2020. Loss in the time of cholera: long-run impact of a disease epidemic on the urban landscape. American Economic Review, 110(2), pp.475–525.
  5. Anderson, R.M., Heesterbeek, H., Klinkenberg, D. and Hollingsworth, T.D. (2020), “How will countrybased mitigation measures influence the course of the COVID-19 epidemic?”, The Lancet, Vol. 395 No. 10228, pp. 931-934
  6. Arslan, A. (2009). Kriz yönetiminde liderlik. Akademik Bakış Uluslararası Hakemli Sosyal Bilimler E-Dergisi, 18, 179-190
  7. Baker, S.R., Farrokhnia, R. A., Meyer, S., Pagel, M. and Yannelis, C. (2020). “How does household spending respond to an epidemic? Consumption during the 2020 COVID-19 pandemic”, NBER Working Paper Series Working Paper 26949 http://www.nber.org/papers/w26949
  8. Ballantine, P.W., Zafar, S. and Parsons, A.G. (2014), “Changes in retail shopping behaviour in the aftermath of an earthquake”, The International Review of Retail, Distribution and Consumer Research, Vol. 24 No. 1, pp. 1-13
  9. Bostan S, Erdem R, Öztürk YE, Kılıç T, Yılmaz A. (2020) The Effect of COVID-19 Pandemic on the Turkish Society. Electronic Journal of General Medicine Vol 17(6) https://doi.org/10.29333/ejgm/7944
  10. C. Lin and W. Lekhawipat, Factors affecting online repurchase intention, Industrial Management & Data Systems, 114(4), 597-611, 2014)

Kaynak Göster

APA
Bayram, K., Ergun, H., Gulzar, Y., Alım, H. B., & Hamid, Y. (2022). Leveraging AI to Study the Impact of COVID-19 on Consumer Online Purchase Behaviour: A Study of Konya. Karatay İslam İktisadı ve Finans Dergisi, 1(1), 5-26. https://izlik.org/JA25ZE45BF