Modeling the Impact of External Factors on E-Commerce Consumer Behavior

This paper presents the impact of external factors on consumer purchasing behavior in e-commerce. It examines how variables such as time of day, weather conditions, economic fluctuations, social influences, cultural trends, seasonal events, and others can influence online purchasing decisions. Using data from an e-commerce website, a model was built using GIA GMDH to analyze the impact of these factors on consumer purchasing behavior. The study found significant correlations between seemingly minor external factors and consumer behavior, highlighting the importance of holistic analysis for companies to adapt their strategies and improve e-commerce performance.

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Published
2024-10-16
DOI
https://doi.org/10.1109/csit65290.2024.10982577
Primary Topic
Technology Adoption and User Behaviour
Type
article
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article

Modeling the Impact of External Factors on E-Commerce Consumer Behavior

Viacheslav Zosimov, Oleksandra Bulgakova
Technology Adoption and User Behaviour
article

Modeling the Impact of External Factors on E-Commerce Consumer Behavior

Viacheslav Zosimov, Oleksandra Bulgakova
article en

Abstract

This paper presents the impact of external factors on consumer purchasing behavior in e-commerce. It examines how variables such as time of day, weather conditions, economic fluctuations, social influences, cultural trends, seasonal events, and others can influence online purchasing decisions. Using data from an e-commerce website, a model was built using GIA GMDH to analyze the impact of these factors on consumer purchasing behavior. The study found significant correlations between seemingly minor external factors and consumer behavior, highlighting the importance of holistic analysis for companies to adapt their strategies and improve e-commerce performance.

Odesa National University of Technology (UA)
Decent work and economic growth
Openalex Percentile: Top 66%
Technology Adoption and User Behaviour
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