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.