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Proceedings of the 8th International Conference on Intellectual ...

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Aurilla Aurelie Bechina and Eli Hustad<br />

Hence, Web2.0 has enabled interacting people to form a dynamic social network seen sometimes as<br />

<str<strong>on</strong>g>the</str<strong>on</strong>g> intelligence <str<strong>on</strong>g>of</str<strong>on</strong>g> c<strong>on</strong>necti<strong>on</strong> where knowledge is flowing. Thus, <str<strong>on</strong>g>the</str<strong>on</strong>g> c<strong>on</strong>cept <str<strong>on</strong>g>of</str<strong>on</strong>g> collective intelligence<br />

is emerging and could be defined as a wealth <str<strong>on</strong>g>of</str<strong>on</strong>g> insights, experiences shared am<strong>on</strong>g people.<br />

The c<strong>on</strong>cept <str<strong>on</strong>g>of</str<strong>on</strong>g> collective intelligence has been around for l<strong>on</strong>g time; however <str<strong>on</strong>g>the</str<strong>on</strong>g> use <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> collective<br />

Intelligence (CI) as a tool facilitating <str<strong>on</strong>g>the</str<strong>on</strong>g> decisi<strong>on</strong> making is being fur<str<strong>on</strong>g>the</str<strong>on</strong>g>r investigated as new<br />

marketing or communicati<strong>on</strong> approach by organisati<strong>on</strong>s (Eric B<strong>on</strong>abeau, 2009).<br />

In order, to understand how social media tools and <str<strong>on</strong>g>the</str<strong>on</strong>g> collective intelligence could c<strong>on</strong>tribute to<br />

influence <str<strong>on</strong>g>the</str<strong>on</strong>g> purchasing decisi<strong>on</strong>, we have adopted a qualitative approach by c<strong>on</strong>ducting interviews<br />

with several people. In additi<strong>on</strong>, we have analysed various websites providing some means allowing<br />

<str<strong>on</strong>g>the</str<strong>on</strong>g> c<strong>on</strong>sumers to interact with each o<str<strong>on</strong>g>the</str<strong>on</strong>g>rs or with <str<strong>on</strong>g>the</str<strong>on</strong>g> vendors. This is an <strong>on</strong>going study; <str<strong>on</strong>g>the</str<strong>on</strong>g> initial<br />

data analysis should c<strong>on</strong>tribute to design a survey instrument that will be sent to customers <str<strong>on</strong>g>of</str<strong>on</strong>g> several<br />

companies selling <strong>on</strong>line. The paper is still at <str<strong>on</strong>g>the</str<strong>on</strong>g> c<strong>on</strong>ceptual level and presents <strong>on</strong>ly preliminary<br />

results that would need to be validated for a larger sample.<br />

In <str<strong>on</strong>g>the</str<strong>on</strong>g> domain <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> c<strong>on</strong>sumers buying behaviour, it is important to understand how <str<strong>on</strong>g>the</str<strong>on</strong>g> c<strong>on</strong>sumer<br />

makes a purchasing decisi<strong>on</strong> in an <strong>on</strong>line shopping envir<strong>on</strong>ment.<br />

The next secti<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> paper outlines <str<strong>on</strong>g>the</str<strong>on</strong>g> basic c<strong>on</strong>cepts <str<strong>on</strong>g>of</str<strong>on</strong>g> decisi<strong>on</strong> making processes and Web2.0.<br />

The third part discusses <str<strong>on</strong>g>the</str<strong>on</strong>g> implicati<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> using social network <strong>on</strong> purchasing decisi<strong>on</strong> making<br />

2. Decisi<strong>on</strong> and social network tools<br />

1.1 Decisi<strong>on</strong> making process<br />

Thanks to Internet and new informati<strong>on</strong> communicati<strong>on</strong> technologies, c<strong>on</strong>sumers have access to all<br />

kind <str<strong>on</strong>g>of</str<strong>on</strong>g> informati<strong>on</strong> or data about products and services. Today <str<strong>on</strong>g>the</str<strong>on</strong>g> main c<strong>on</strong>cerns is not anymore to<br />

find informati<strong>on</strong> about for instance <str<strong>on</strong>g>the</str<strong>on</strong>g> availability, <str<strong>on</strong>g>the</str<strong>on</strong>g> price or technical details about a product but<br />

ra<str<strong>on</strong>g>the</str<strong>on</strong>g>r to be able to take a purchasing decisi<strong>on</strong>s while being c<strong>on</strong>fr<strong>on</strong>ted to large varieties <str<strong>on</strong>g>of</str<strong>on</strong>g> a product.<br />

Decisi<strong>on</strong> is defined as a positi<strong>on</strong> or opini<strong>on</strong> reached after c<strong>on</strong>siderati<strong>on</strong>. The decisi<strong>on</strong> making process<br />

is defined as a cognitive process including a high level <str<strong>on</strong>g>of</str<strong>on</strong>g> mental activity in choosing between several<br />

opti<strong>on</strong>s. Though, <str<strong>on</strong>g>the</str<strong>on</strong>g> way people are finally making decisi<strong>on</strong> is still not fully understood as quite <str<strong>on</strong>g>of</str<strong>on</strong>g>ten<br />

emoti<strong>on</strong>al or irrati<strong>on</strong>al feelings play a role in <str<strong>on</strong>g>the</str<strong>on</strong>g> process <str<strong>on</strong>g>of</str<strong>on</strong>g> making decisi<strong>on</strong> (Zeelenberg, Nelissen,<br />

Breugelmans, & Pieters, 2008)<br />

Several studies have described <str<strong>on</strong>g>the</str<strong>on</strong>g> various phases involved in a decisi<strong>on</strong> making process (Huitt,<br />

1992) that are delineated as such:<br />

Step 1: Identificati<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> a problem and preliminary understanding <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> problem c<strong>on</strong>text and<br />

possible related soluti<strong>on</strong><br />

Step 2: analysis and processing phase in which various opti<strong>on</strong>s or alternatives are investigated.<br />

After evaluati<strong>on</strong>, a soluti<strong>on</strong> to <str<strong>on</strong>g>the</str<strong>on</strong>g> stated problem is selected<br />

Step 3: as an output <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> step 1 includes <str<strong>on</strong>g>the</str<strong>on</strong>g> planning and <str<strong>on</strong>g>the</str<strong>on</strong>g> implementati<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> selected<br />

soluti<strong>on</strong>.<br />

Step 4: <str<strong>on</strong>g>the</str<strong>on</strong>g> soluti<strong>on</strong> is evaluated and if needed some modificati<strong>on</strong>s are made.<br />

Decisi<strong>on</strong> making <str<strong>on</strong>g>of</str<strong>on</strong>g> customers is a cognitive process <str<strong>on</strong>g>of</str<strong>on</strong>g> selecting a course <str<strong>on</strong>g>of</str<strong>on</strong>g> acti<strong>on</strong> from am<strong>on</strong>g a set<br />

<str<strong>on</strong>g>of</str<strong>on</strong>g> multiple product or service alternatives (Thomps<strong>on</strong> & Y<strong>on</strong> Ding, 2003)<br />

In <str<strong>on</strong>g>the</str<strong>on</strong>g> domain <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> c<strong>on</strong>sumers buying behaviour, it is important to understand how <str<strong>on</strong>g>the</str<strong>on</strong>g> c<strong>on</strong>sumer<br />

makes a purchase decisi<strong>on</strong>. The c<strong>on</strong>sumers’ decisi<strong>on</strong> making is characterised by several phases<br />

such as: 1) need recogniti<strong>on</strong> and problem awareness, 2) informati<strong>on</strong> search, 3) evaluati<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g><br />

alternatives, 4) purchase, and 5) post-purchase evaluati<strong>on</strong>.<br />

There is a clear evidence that <str<strong>on</strong>g>the</str<strong>on</strong>g> decisi<strong>on</strong> making process regarding a purchase or not, is closely<br />

linked to <str<strong>on</strong>g>the</str<strong>on</strong>g> relevance and <str<strong>on</strong>g>the</str<strong>on</strong>g> quality <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> informati<strong>on</strong> found. The level <str<strong>on</strong>g>of</str<strong>on</strong>g> informati<strong>on</strong> needed by<br />

<str<strong>on</strong>g>the</str<strong>on</strong>g> c<strong>on</strong>sumer to make his purchasing decisi<strong>on</strong> depends not <strong>on</strong>ly to <str<strong>on</strong>g>the</str<strong>on</strong>g> scope and <str<strong>on</strong>g>the</str<strong>on</strong>g> need but at as<br />

well to financial element.<br />

83

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