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Factor affecting consumer's willingness of purchasing medication online

Wybrane pełne teksty z tego czasopisma
Identyfikatory
Warianty tytułu
Konferencja
Proceedings of the 2022 International Conference on Research in Management & Technovation
Języki publikacji
EN
Abstrakty
EN
Vietnam's pharmaceutical industry is one of the fastest-growing sectors in the region. E-pharmacy in Vietnam is predicted to undergo remarkable growth in the near future due to the demand for online shopping, which has been accelerated by the impact of the COVID-19 pandemic [1]. However, in Vietnam, merely 3\% of purchases were made via online platforms [2], [3] affirmed purchase intentions continue to be a vital concept in marketing. Based on the background, the research aims to assist the Swinburne undergraduate student team in investigating the correlation between factors that affect people from purchasing pharmacies online and using e-pharmacy. The research method is a survey, which aids in the collection of critical data that may be utilized to address the research objectives and reveal diverse opinions among consumers and university members. The data is collected from 83 respondents, aged 18 and up, living in cities, rural, and suburban. Not only univariate and bivariate approaches but also analysis and multiple regression analysis can be used to will be used to assess the correlations and contrasts throughout the original dataset. Swinburne Pharmacy also utilized age and sex quantifiable extrapolation to estimate whether or not consumers entered an e-pharmacy. Regarding the result, the research has shown that the factor of convenience has positively affected the eagerness to buy medicine online, while other values do not predict the willingness to buy medication online. However, it is not a significant element of the consumers' willingness. The research also determines the correlation between consumers' willingness and location. From a managerial perspective, pharmaceutical marketing managers of drug companies can use the research findings to better design their strategies directed at the e-pharmacy market.
Rocznik
Tom
Strony
181--187
Opis fizyczny
Bibliogr. 38 poz., rys., tab.
Twórcy
  • Bachelor of Business, Swinburne University of Technology, John St, Hawthorn VIC 3122, Australia
  • Bachelor of Business, Swinburne University of Technology, Duong Khue St, Hanoi 10000, Vietnam
  • Bachelor of Business Swinburne University of Technology Duong Khue St, Hanoi 10000, Vietnam
Bibliografia
  • 1. R. a. Markets, "Vietnam E Pharmacy Market, By Product Type (Prescription Medicines v/s Over-The-Counter Medicines), By Therapy Area (Vitamins, Dermatology, Cold & Flu, Weight Loss, Others), By Operating Platform (Websites v/s Apps), By Region, Competition Forecast & Oppo," Research and Markets, Vietnam, 2022.
  • 2. A. Ryland, "Retail Pharmacy in Vietnam & Introduction to Pharmacy," Pharmacity, Vietnam, 2020.
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  • 4. A. O. a. M. S. A. H. Hamza Ali Al-Shatanawi, "The Importance of Market Research in Implementing Marketing Programs," International Journal of Academic Research in Economics and Management Sciences, vol. 3, no. 2, pp. 150-159, 2014.
  • 5. R. H. a. E. Sarigöllü, "How Brand Awareness Relates to Market Outcome, Brand Equity, and the Marketing Mix," Fashion Branding and Consumer Behaviors , pp. 113-132, 2014.
  • 6. M. Seturi, "Brand Awareness And Success In The Market," Journal of International Scientific Publication, vol. 11, pp. 424-432, 2017.
  • 7. R. A. Fitri and R. Wulandari, "Online Purchase Intention Factors in Indonesian Millenial," International Review of Management and Marketing, vol. 10, no. 3, pp. 122-127, 2020.
  • 8. C. V. d. B. a. Y. V. Joshi, "New Product Diffusion with Influentials and Imitators," Marketing Science, vol. 26, no. 3, pp. 400-421, 2007.
  • 9. J. Majerová, "Comprehensive Proposal of Activities of Product Brand Policy in Conditions Specific to Slovak Republic," 2nd International Conference on Economics and Social Science, pp. 3-8, 2014.
  • 10. R. K. C. a. D. S. A. Gerard J. Tellis, "In Search of Diversity: The Record of Major Marketing Journals," Journal of Marketing Research, vol. 36, no. 1, pp. 120-131, 1999.
  • 11. S. Hart, "The Use of the Survey in Industrial Market Research," Journal of Marketing Management, vol. 3, no. 1, pp. 25-38, 2010.
  • 12. Ľ. Š. M. R. Gabriela Masárová, "The Necessity of Obtaining Information Through Marketing Research in the Field of Pharmaceutical Companies on the Slovak Market," Procedia Economics and Finance, vol. 23, pp. 1480-1484, 2015.
  • 13. 3. Contributor, "The Relationship Between Reputation, Trust and Sustainable Business," Triple Pundit, 2011.
  • 14. J. L. B. G. C. S. R. C. Matthew Tingchi Liu, "Perceived benefits, perceived risk, and trust," Asia Pacific Journal of Marketing and Logistics, vol. 25, no. 2, pp. 225-248, 2013.
  • 15. J. C. L. H. C. Chin‐Lung Hsu, "The effects of blogger recommendations on customers’ online shopping intentions," Internet Research, vol. 23, no. 1, pp. 69-88, 2013.
  • 16. N. &. N. T. Nguyen, "CÁC NHÂN TỐ ẢNH HƯỞNG TỚI HÀNH VI MUA THỰC PHẨM TƯƠI QUA INTERNET: NGHIÊN CỨU THỰC NGHIỆM TỪ THỊ TRƯỜNG HÀ NỘ," Foreign Trade Universit, 2017.
  • 17. B. U. Meher Neger, "Factors Affecting Consumers’ Internet Shopping Behavior," Chinese Business Review, vol. 19, no. 3, pp. 91-104, 2020.
  • 18. A. E. E. S. Sarah S. Al Hamli, "Factors Influencing Consumer Behavior towards Online Shopping in Saudi Arabia Amid COVID-19: Implications for E-Businesses Post Pandemic," Business Performance, vol. 16, no. 1, 2022.
  • 19. S. Gupta, "Consumer Buying Behavior towards E-Pharmacy," Dogo Rangsang Research Journal, vol. 10, no. 2347-7180, 2020.
  • 20. C.-K. S. Y.-C. C. a. S.-Y. Y. Cheng Liu, "The Impact of the Fear of COVID-19 on Purchase Behavior of Dietary Supplements: Integration of the Theory of Planned Behavior and the Protection Motivation Theory," Sustainability 2021, pp. 1-17, 2021.
  • 21. Q. Nguyen, "Fear of Post-Covid Syndrome Send People on Drug Buying Speer," VnExpress, Hanoi, 2022.
  • 22. V. D. T. &. H. L. Pham, "A Study on the COVID-19 Awareness Affecting the Consumer Perceived Benefits of Online Shopping in Vietnam," Cogent Business & Management, vol. 7, no. 1, 2020.
  • 23. M. S. D. B. U. W. S. G. A. S. H. K. A. J. H. M. A. M. F. A. K. A. O. B. I. &. K. P. Chutiyami, "Are Fear of COVID-19 and Vaccine Hesitancy Associated with COVID-19 Vaccine Uptake? a Population-Based Online Survey in Nigeria," Vaccines, vol. 10, no. 8, p. 1271, 2022.
  • 24. K. N. S. A. H. L. Q.-A. H. A. R. A. R. A. &. S. Z. Rafiq, "Self-Medication in the COVID-19 Pandemic: Survival of the Fittest," Disaster Medicine and Public Health Preparedness, pp. 1-5, 2021.
  • 25. I. H. M. A. R. S. B. R. M. S. M. &. S. M. Ahmed, "Behavioral Preventive Measures and the Use of Medicines and Herbal Products among the Public in Response to Covid-19 in Bangladesh: a cross-sectional study," PLOS ONE, vol. 15, no. 12, p. e0243706.
  • 26. M. B. R. N. M. &. P. M. Makowska, "Self-Medication-Related Behaviors and Poland’s COVID-19 Lockdown," International Journal of Environmental Research and Public Health, vol. 17, no. 22, p. 8344, 2020.
  • 27. T. &. S. P. Nguyen, "Vietnam’s Growing Pharmaceutical Industry," Vietnam Briefing, 2022.
  • 28. IQVIA, "IQVIA ™ Market Prognosis 2017-2021," IQVIA, 2018.
  • 29. G. S. V. B. Jared M. Hansen, "Risk, Trust, and the Interaction of Perceived Ease of Use and Behavioral Control in Predicting Consumers’ Use of Social Media for Transactions," Computers in Human Behavior, pp. 197-206, 2017.
  • 30. E. Y. Ö. M. &. A. Ü. D. Yaraş, "Factors affecting consumers’ intention to purchase online," Journal of Internet Applications and Management, vol. 8, no. 2, pp. 63-74, 2017.
  • 31. G.-W. B. Huei-Huang Kuan, "Trust transference in brick and click retailers: An investigation of the before-online-visit phase," Information & Management, vol. 44, no. 2, pp. 175-187, 2007.
  • 32. S. M. J. a. M. J. R. John B Hertig, "Evaluation of pharmacists’ awareness of illegal online pharmacies and perceived impact on safe access to medicines," The Journal of Medicine Access.
  • 33. J. A. a. B. N. T. Minh Hieu Nguyen, "Factors Affecting the Growth of E-Shopping over the COVID-19 Era in Hanoi, Vietnam," The Evolution of Consumer Behavior in the Sustainable Business: Evidence from COVID-19, 2021.
  • 34. S. W. a. T. U. Junko Okumura, "Drug utilisation and self-medication in rural communities in Vietnam," Social Science & Medicine, vol. 54, no. 12, pp. 1875-1886, 2002.
  • 35. N. T. K. C. N. P. H. N. Q. H. N. T. T. N. H. T. L. T. K. T. H. D. P. P. H. N. V. Y. N. V. K. &. H. F. W. Do Thi Thuy Nga, "Antibiotic sales in rural and urban pharmacies in northern Vietnam: an observational study," BMC Pharmacology and Toxicology, 2014.
  • 36. A. M. T. N. a. H. S. T. N. Thuy Van Ha, "Public Awareness about Antibiotic Use and Resistance among Residents in Highland Areas of Vietnam," BioMed Research International, vol. 2019, 2019.
  • 37. T. Research, "Vietnam E Pharmacy Market By Product Type (Prescription Medicines v/s Over-The-Counter Medicines), By Therapy Area (Vitamins, Dermatology, Cold & Flu, Weight Loss, Others), By Operating Platform (Websites v/s Apps), By Region, Competition Forecast & Oppor," 2022.
  • 38. C. V. d. B. a. Y. V. Joshi, "New Product Diffusion with Influentials and Imitators," Marketing Science, 2007.
Uwagi
Opracowanie rekordu ze środków MNiSW, umowa nr SONP/SP/546092/2022 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2024).
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-fd76b331-16dd-4051-9bdf-034b0ffea030
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