IDEAS home Printed from https://ideas.repec.org/a/aag/wpaper/v27y2023i4p24-54.html
   My bibliography  Save this article

Online Marketing Trends and Purchasing Intent Advances in Customer Satisfaction through PLS-SEM and ANN Approach

Author

Listed:
  • Khondaker Sazzadul Karim

    (Department of Marketing, American International University Bangladesh, Dhaka, Bangladesh)

  • Mohammad Ekramol Islam

    (Department of Business Administration, Sonargaon University, Dhaka, Bangladesh)

  • Abdullah Mohammed Ibrahim

    (Department of Business Administration, Northern University Bangladesh, Dhaka, Bangladesh)

  • Shin-Hung Pan

    (Department of Information Management, College of Informatics, Chaoyang University of Technology, Taiwan)

  • Md. Mominur Rahman

    (Major in Accounting & Information Systems, Research Wing, Bangladesh Institute of Governance and Management (BIGM), Bangladesh)

Abstract

[Purpose] The research aims to discern the factors of online marketing that influence consumer intention and enhance satisfaction, particularly in Bangladesh. [Design/methodology/approach] The study uses quantitative data, targeting respondents from urban areas and cities from various socio-economic classes. This study uses a two-stage structural equation modeling-artificial neural network approach. Initially, the analysis utilized the PLS-SEM method to assess the structural model. Finally, the analysis used the ANN approach to check the robustness of the findings. [Results] The study's findings reveal that convenience, comparison, ease of use, and variety-seeking significantly influence customer satisfaction in online shopping. Conversely, promotional activities and customer service were found to have less impact on customer satisfaction. Customers anticipate prompt and efficient service, and a failure to meet these expectations can strain the customer-seller relationship. [Implications] This study presents an alternative business model without needing physical store visits. However, despite the growth of internet technology in Bangladesh and its potential to provide products and services at lower costs, convincing customers to shop online remains a challenge for online traders. [Originality] This research offers a unique perspective on the dynamics of online marketing and consumer satisfaction in Bangladesh, shedding light on the factors that drive or deter online shopping in a developing nation using the two-staged SEM-ANN approach. This provides actionable knowledge for decision-makers in online service provision, aligning with the quantitative methodology’s characteristic of Decision Sciences.

Suggested Citation

  • Khondaker Sazzadul Karim & Mohammad Ekramol Islam & Abdullah Mohammed Ibrahim & Shin-Hung Pan & Md. Mominur Rahman, 2023. "Online Marketing Trends and Purchasing Intent Advances in Customer Satisfaction through PLS-SEM and ANN Approach," Advances in Decision Sciences, Asia University, Taiwan, vol. 27(4), pages 24-54, December.
  • Handle: RePEc:aag:wpaper:v:27:y:2023:i:4:p:24-54
    as

    Download full text from publisher

    File URL: https://iads.site/online-marketing-trends-and-purchasing-intent-advances-in-customer-satisfaction-through-pls-sem-and-ann-approach/
    Download Restriction: no

    File URL: https://iads.site/wp-content/uploads/2024/01/Online-Marketing-Trends-and-Purchasing-Intent-Advances-in-Customer-Satisfaction-through-PLS-SEM-and-ANN-Approach.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Muslim Amin & Sajad Rezaei & Maryam Abolghasemi, 2014. "User satisfaction with mobile websites: the impact of perceived usefulness (PU), perceived ease of use (PEOU) and trust," Nankai Business Review International, Emerald Group Publishing Limited, vol. 5(3), pages 258-274, July.
    2. Swapan Kumar Saha & Paulo Duarte & Susana C. Silva & Guijun Zhuang, 2021. "Supporting sustainability by promoting online purchase through enhancement of online convenience," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(5), pages 7251-7272, May.
    3. Michael Klassen & Pola Gupta & Matthew P. Bunker, 2009. "Comparison shopping on the internet," International Journal of Business Information Systems, Inderscience Enterprises Ltd, vol. 4(5), pages 564-580.
    4. Karaca, Yeliz & Moonis, Majaz & Zhang, Yu-Dong & Gezgez, Caner, 2019. "Mobile cloud computing based stroke healthcare system," International Journal of Information Management, Elsevier, vol. 45(C), pages 250-261.
    5. EL Idrissi, Touria & Idri, Ali & Bakkoury, Zohra, 2019. "Systematic map and review of predictive techniques in diabetes self-management," International Journal of Information Management, Elsevier, vol. 46(C), pages 263-277.
    6. Faisal Mahmood & Umeair Shahzad & Ali Nazakat & Zahoor Ahmed & Husam Rjoub & Wing-Keung Wong, 2022. "The Nexus Between Cash Conversion Cycle, Working Capital Finance, And Firm Performance: Evidence From Novel Machine Learning Approaches," Annals of Financial Economics (AFE), World Scientific Publishing Co. Pte. Ltd., vol. 17(02), pages 1-44, June.
    7. Fuzhang Wang & Ayesha Sohail & Wing-Keung Wong & Qurat Ul Ain Azim & Shabieh Farwa & Maria Sajad, 2023. "Artificial Intelligence And Stochastic Optimization Algorithms For The Chaotic Datasets," FRACTALS (fractals), World Scientific Publishing Co. Pte. Ltd., vol. 31(06), pages 1-14.
    8. Wang, Feilan & Wong, Wing-Keung & Reivan Ortiz, Geovanny Genaro & Shraah, Ata Al & Mabrouk, Fatma & Li, Jianfeng & Li, Zeyun, 2023. "Economic analysis of sustainable exports value addition through natural resource management and artificial intelligence," Resources Policy, Elsevier, vol. 82(C).
    9. Rodolfo Angelo Magtanggol Iii De Guzman & Mike K. P. So, 2018. "Empirical Analysis Of Bitcoin Prices Using Threshold Time Series Models," Annals of Financial Economics (AFE), World Scientific Publishing Co. Pte. Ltd., vol. 13(04), pages 1-24, December.
    10. Duong Dang Khoa & Pham Thi Tram Anh & Le Thi My Duyen, 2020. "Testing Trade-Off Theory Between Networking Capital And Firm Value: Empirical Evidence From Vietnam," Annals of Financial Economics (AFE), World Scientific Publishing Co. Pte. Ltd., vol. 15(03), pages 1-21, September.
    11. Rachana Jaiswal & Shashank Gupta & Aviral Kumar Tiwari, 2022. "Delineation Of Blockchain Technology In Finance: A Scientometric View," Annals of Financial Economics (AFE), World Scientific Publishing Co. Pte. Ltd., vol. 17(04), pages 1-26, December.
    12. Sharma, Sujeet Kumar & Sharma, Manisha, 2019. "Examining the role of trust and quality dimensions in the actual usage of mobile banking services: An empirical investigation," International Journal of Information Management, Elsevier, vol. 44(C), pages 65-75.
    13. Leong, Lai-Ying & Hew, Teck-Soon & Ooi, Keng-Boon & Wei, June, 2020. "Predicting mobile wallet resistance: A two-staged structural equation modeling-artificial neural network approach," International Journal of Information Management, Elsevier, vol. 51(C).
    14. Muslim Amin & Sajad Rezaei & Maryam Abolghasemi, 2014. "User satisfaction with mobile websites: the impact of perceived usefulness (PU), perceived ease of use (PEOU) and trust," Nankai Business Review International, Emerald Group Publishing Limited, vol. 5(3), pages 258-274, July.
    15. Duarte, Paulo & Costa e Silva, Susana & Ferreira, Margarida Bernardo, 2018. "How convenient is it? Delivering online shopping convenience to enhance customer satisfaction and encourage e-WOM," Journal of Retailing and Consumer Services, Elsevier, vol. 44(C), pages 161-169.
    16. Deborah J. MacInnis & Valerie S. Folkes, 2010. "The Disciplinary Status of Consumer Behavior: A Sociology of Science Perspective on Key Controversies," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 36(6), pages 899-914, April.
    17. Ratner, Rebecca K & Kahn, Barbara E & Kahneman, Daniel, 1999. "Choosing Less-Preferred Experiences for the Sake of Variety," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 26(1), pages 1-15, June.
    18. Taneja, Anu & Arora, Anuja, 2019. "Modeling user preferences using neural networks and tensor factorization model," International Journal of Information Management, Elsevier, vol. 45(C), pages 132-148.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mosab I. Tabash & Adel Ahmed & Linda Nalini Daniel & Yasmeen Elsantil, 2023. "Impact of Board Ownership Structure on Firm Value and Excessive Cash Holdings: Evidence from Pakistan," Advances in Decision Sciences, Asia University, Taiwan, vol. 27(3), pages 109-134, September.
    2. Abbasi, Ghazanfar Ali & Sandran, Thiviya & Ganesan, Yuvaraj & Iranmanesh, Mohammad, 2022. "Go cashless! Determinants of continuance intention to use E-wallet apps: A hybrid approach using PLS-SEM and fsQCA," Technology in Society, Elsevier, vol. 68(C).
    3. Nurul-Ain Abdul-Halim & Ali Vafaei-Zadeh & Haniruzila Hanifah & Ai Ping Teoh & Khaled Nawaser, 2022. "Understanding the determinants of e-wallet continuance usage intention in Malaysia," Quality & Quantity: International Journal of Methodology, Springer, vol. 56(5), pages 3413-3439, October.
    4. Bindu K. Nambiar & Kartikeya Bolar, 2023. "Factors influencing customer preference of cardless technology over the card for cash withdrawals: an extended technology acceptance model," Journal of Financial Services Marketing, Palgrave Macmillan, vol. 28(1), pages 58-73, March.
    5. Khan, Rizwan Ullah & Richardson, Christopher & Salamzadeh, Yashar, 2022. "Spurring competitiveness, social and economic performance of family-owned SMEs through social entrepreneurship; a multi-analytical SEM & ANN perspective," Technological Forecasting and Social Change, Elsevier, vol. 184(C).
    6. Man The Nguyen & Tho Alang, 2024. "When do shoppers prefer using QR codes? Empirical evidence from Vietnam," Future Business Journal, Springer, vol. 10(1), pages 1-21, December.
    7. Nilashi, Mehrbakhsh & Abumalloh, Rabab Ali & Samad, Sarminah & Alrizq, Mesfer & Alyami, Sultan & Alghamdi, Abdullah, 2023. "Analysis of customers' satisfaction with baby products: The moderating role of brand image," Journal of Retailing and Consumer Services, Elsevier, vol. 73(C).
    8. Kashfia Maisha & Sabakun Naher Shetu, 2023. "Influencing factors of e-learning adoption amongst students in a developing country: the post-pandemic scenario in Bangladesh," Future Business Journal, Springer, vol. 9(1), pages 1-16, December.
    9. Klaus, Phil & Zaichkowsky, Judith Lynne, 2022. "The convenience of shopping via voice AI: Introducing AIDM," Journal of Retailing and Consumer Services, Elsevier, vol. 65(C).
    10. Zhong, Junying & Chen, Tiao, 2023. "Antecedents of mobile payment loyalty: An extended perspective of perceived value and information system success model," Journal of Retailing and Consumer Services, Elsevier, vol. 72(C).
    11. Shahid, Shadma & Islam, Jamid Ul & Malik, Shehla & Hasan, Uzma, 2022. "Examining consumer experience in using m-banking apps: A study of its antecedents and outcomes," Journal of Retailing and Consumer Services, Elsevier, vol. 65(C).
    12. Jaiswal, Deepak & Mohan, Ashutosh & Deshmukh, Arun Kumar, 2023. "Cash rich to cashless market: Segmentation and profiling of Fintech-led-Mobile payment users," Technological Forecasting and Social Change, Elsevier, vol. 193(C).
    13. Si Mohammed, Kamel & Abddel-Jalil Sallam, Osama Azmi & Abdelkader, Salim Bourchid & Radulescu, Magdalena, 2024. "Dynamic effects of digital governance and government interventions on natural resources management: Fresh findings from Chinese provinces," Resources Policy, Elsevier, vol. 92(C).
    14. Pankaj Tiwari, 2021. "Electronic banking adoption in Ethiopia: an empirical investigation," SN Business & Economics, Springer, vol. 1(9), pages 1-28, September.
    15. Imad Ait Lhassan & Oumayma Bedraoui & Otmane Akhannich, 2022. "The Impact of Digital Transformation on the Satisfaction of Tax Administration Users in Morocco during the Covid-19 Pandemic: An Empirical Study," Post-Print hal-03649249, HAL.
    16. Gilbert, Daniel T. & Gill, Michael J. & Wilson, Timothy D., 2002. "The Future Is Now: Temporal Correction in Affective Forecasting," Organizational Behavior and Human Decision Processes, Elsevier, vol. 88(1), pages 430-444, May.
    17. Nadjim Mkedder & Fatma Zeynep Özata, 2024. "I will buy virtual goods if I like them: a hybrid PLS-SEM-artificial neural network (ANN) analytical approach," Journal of Marketing Analytics, Palgrave Macmillan, vol. 12(1), pages 42-70, March.
    18. Jacques Nel & Christo Boshoff, 2023. "Unraveling the link between status quo satisfaction and the rejection of digital-only banks," Journal of Financial Services Marketing, Palgrave Macmillan, vol. 28(1), pages 189-207, March.
    19. Basu, Bibaswan & Sebastian, M.P. & Kar, Arpan Kumar, 2024. "What affects the promoting intention of mobile banking services? Insights from mining consumer reviews," Journal of Retailing and Consumer Services, Elsevier, vol. 77(C).
    20. Perlman, Yael, 2022. "Pricing decisions of online and offline retailers, each offering a competing benefit," Operations Research Perspectives, Elsevier, vol. 9(C).

    More about this item

    Keywords

    Online marketing; Brand promotions; Consumer satisfaction; purchasing intention;
    All these keywords.

    JEL classification:

    • M30 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - General
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing
    • M37 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Advertising
    • C39 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Other
    • J28 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Safety; Job Satisfaction; Related Public Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aag:wpaper:v:27:y:2023:i:4:p:24-54. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Vincent Pan (email available below). General contact details of provider: https://edirc.repec.org/data/dfasitw.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.