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Title:      PARTY TRUST, CONTROL TRUST AND ‘BLIND’ TRUST IN BUSINESS TO CONSUMER ELECTRONIC COMMERCE
Author(s):      Vivienne Farrell , Rens Scheepers
ISBN:      978-972-8924-66-9
Editors:      Piet Kommers, Pedro Isaías and Nian-Shing Chen
Year:      2008
Edition:      Single
Keywords:      B2C e-commerce, blind trust, benevolence, communities.
Type:      Full Paper
First Page:      55
Last Page:      62
Language:      English
Cover:      cover          
Full Contents:      click to dowload Download
Paper Abstract:      Trust has been recognized as one of the main reasons for Business to Consumer (B2C) e-commerce (EC) not reaching the predicted sales targets. There are acknowledged trust engendering factors under the control of the company. Small to medium enterprises (SMEs) are at a disadvantage in the world of e-commerce not having the size or the reputation of their larger counterparts to portray themselves in an equivalent manner which would engender trust. We have undertaken case studies of successful B2C, SMEs to establish their methods for establishing trust. This research found that by developing benevolent communities SMEs can encourage trust in their company to such an extent that a “blind trust” is practiced ignoring the recognized trust factors. The implications for the SMEs are that there exists a method by which they can compete in the e-commerce market to attain consumer trust without adhering to the stringent trust factors.
   

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