final impact of virtual supermarket

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    Group Members:

    Atika Fatima

    Mahrukh Mansoor

    Salman Qamar

    Shehr Bano Yawar

    Waleed Ahmed

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    Definition

    Its other names

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    Whether to go for online selling or not?

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    To find out the impact of virtual supermarket in Pakistan

    To know that how rapidly the concept of virtualsupermarket is getting popularity in Pakistan

    To find out problems faced by people in shopping online. To find out benefits that virtual supermarket provide to

    people

    To know the time period it will take for a common to

    accept the concept.

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    Ho= People are not willing to shop

    online in Virtual Markets.

    H1= People are willing to shop onlinein Virtual Markets.

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    The major Independent Variables studied include:

    Age

    Income

    Accessibility of internet

    Personal Convenience

    Online security

    Product delivery

    The Dependent Variable includes Willingness to adopt

    Virtual Shopping

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    Descriptive Research

    Primary Data and Secondary Data

    Target Population

    Middle, Upper Class aware of use of a computer

    Sampling Methodology

    Convenience Sampling

    Online Snowball Effect

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    Sample Size

    Sample size is of 100 was chosen to answer

    Questionnaires

    Field Work

    Physical

    Online

    Data Validation

    Validation criteria were built into the statistical model Blank and Multiple responses ignored

    Combinations of questions used to evaluate hypothesisresult

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    Standard editing and coding procedures were used. Thecomputer program used was Microsoft Excel and SPSS(Statistical Package for the Soc.ial Sciences) software.

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    There was no way that we could ensure that all respondentsunderstood each question in its essence and that they respondedwithout any bias.

    There are certain inherent limitations that are associated withconvenience sampling.

    Due to the reason above, it must be noted the research concludeddoes not cover all the potential areas because of the small sample

    size.

    Due to time constraint our research is limited to certain geographicallocation thus does not cover the whole population.

    Another hindrance was non-response from subjects.

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    Ho= People are not willing to shop onlinein Virtual Markets.

    H1= People are willing to shop online inVirtual Markets.

    Accept H1, reject H0.

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    Based on this conclusion, it is highly recommended thatcompanies get more involved in catering onlinecustomers.

    The scope for shopping in virtual markets is high

    particularly in our times, and this opportunity must not belost.

    Virtual markets must also find means and methods ofproviding more security to online buyers and provide

    guarantees which eradicate the fears of online fraud andcrimes.