Perceived risk in marketing strategy

Liu Tian-Que*

*Corresponding author for this work

    Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

    2 Citations (Scopus)

    Abstract

    'Perceived risk' in consumer behavior theory helps explain why often consumers do not move from the desire stage to the action stage, that is, make the actual purchase decision. Appropriate theories and practice can be used to identify what strategies marketers can employ to overcome this problem. However, there are still some gaps existing when applying these theories in practice. Future studies could be more related to psychology and focused on the risk perception of consumers who shop for goods at the virtual storefront.

    Original languageEnglish
    Title of host publicationBusiness, Economics, Financial Sciences, and Management
    Pages175-178
    Number of pages4
    DOIs
    Publication statusPublished - 2012
    Event2011 International Conference on Business, Economics, and Financial Sciences, Management, BEFM 2011 - Jeju Island, Korea, Republic of
    Duration: 30 Dec 201131 Dec 2011

    Publication series

    NameAdvances in Intelligent and Soft Computing
    Volume143 AISC
    ISSN (Print)1867-5662

    Conference

    Conference2011 International Conference on Business, Economics, and Financial Sciences, Management, BEFM 2011
    Country/TerritoryKorea, Republic of
    CityJeju Island
    Period30/12/1131/12/11

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