Impact of E-Commerce Applications on Non- Financial Peformance of Selected Online Retail Enterprises in Lagos State, Nigeria

Authors

  • Idris Adegboyega ONIKOYI Osun State University, Osogbo, Nigeria
  • Bayode Olusanya BABATUNDE Osun State University, Osogbo, Nigeria
  • Callistus Destiny ODEH Osun State University, Osogbo, Nigeria

Keywords:

E- commerce, Non-financial performance, Electronic advertising, Customers’ patronage

Abstract

This study examined the impact of e- commerce applications on non-financial performance of selected online retail enterprises in Lagos State, Nigeria with emphasis on Jumia and Konga e- retail outlets.  Three specific objectives were formulated for the study and they are; to investigate the effect of electronic advertising on customers’ patronage in the selected online retail enterprise; to examine the influence of electronic customer service support system on customers’ satisfaction in the selected online retail enterprise; and to evaluate the effect of e- order and delivery on customers’ satisfaction in the selected online retail stores; The sample size was 384. Data was sourced through the use of a structured questionnaire and the study adopted purposive and stratified sampling technique. Descriptive statistics and regression analysis were both adopted as methods of data analysis. Results from the test of first hypothesis showed that electronic advertising had significant positive effect on customers’ patronage with R2 value = (0.619) and F (4, 379) = 153.969, p < 0.05. Also, the result of hypothesis two revealed that showed that customer service support system significantly had a positive effect on the level of customer’s satisfaction with F (5, 378) = 9.214, p < 0.05. Furthermore, hypothesis three results revealed that e-order and delivery variables had significant and positive impact on customer’s satisfaction with F (4, 379) = 105.212, p < 0.05. This study thus rejected all null hypotheses and accepted the alternative hypothesis and concludes that e-commerce applications variables had a positive impact on non- financial performance of the selected e- retail outlets. The study recommends that there is need for e- retail enterprises to maintain consistency in the quality of products/ services ordered online by customers and what is delivered to them and priority should be given to customers’ complaints through e-customers’ service support system. Complaints most times are form of feedback and ability to provide solutions to these complaints puts the e- retail outlets in a much better way to serve the customers while providing utmost satisfaction

References

Adejoh, V.A. (2018). Role of e-commerce in the economic development of Nigeria (Konga a case study), 4(1).http:// DOI: 10.21522/TIJMG.2015.04.01.Art009

Afshar, J.A., Nawaser, K.h. (2012). Mobile commerce: the force of electronic commerce future. International seminar on innovations in strategic management for organizational excellence, Sinhgad Institute of Management.

Akanbi, A. E. & Akintunde, T. S. (2018) E-Commerce adoption and small medium scale enterprises performance in Nigeria. European Journal of Management and Marketing Studies, 3(1), 10-23

Amir, S., & Behroz, S. (2018). The Effect of E-Commerce on SME Performance. International Journal of Applied Research in Management and Economics

Angelova, B. & Zekiri, J. (2011). Measuring Customer Satisfaction with service quality using American customer satisfaction model (ACSI model). International Journal of Academic Research and Social Sciences, 1(3), 232-258

Ayoola, B. J., & Ibrahim, U. B. (2019). Effect of electronic marketing on customer satisfaction: evidence from selected airlines services in Nigeria. IOSR Journal of Business and Management, 22(1), 1-9.

Bashir, A. (2013). Consumer Behaviour towards online Shopping of electronics. 1-60.

Bhat, S.A., Kansana, K., & Majid, J. (2016). A Review Paper on Ecommerce.TIMS

International Conference

Davis, F. D., Bagozzi, R. P., & Warshaw, P. R. (1987). User acceptance of computer technology: A comparison of two theoretical models. Management Science Journal, 35 (8), 982- 1001

Davis, F.D. (1989) Perceived Usefulness, Perceived Ease of Use, and User Acceptance of Information Technology. MIS Quarterly, 13, 319-340. https://doi.org/10.2307/249008

Easterbrook, J. A. (1959). The effects of emotion on cue utilization and the organization of behaviour. Psychological Review, 66(1), 183-201

Fenuga, O. J., & Oladejo, R. K. (2020). The Effect of Electronic Payment on Customer Service Delivery in Nigeria Banks. International Journal of Economics Development Research, 1(1), 227-39.

Hsu, M. H., Chuang, L. W., & Hsu, C. S. (2014). Understanding online shopping intention: the roles of four types of trust and their antecedents. Internet Research, 24(3), 332-352.

Huo, B., Zhao, X., & Wang, Z. (2015). The Impact of Supply Chain Integration on Firms Performance: The moderating role of competitive

Jahanshahi, A. A., Rezaei , M., Nawaser, K., Ranjbar, V., &Pitamber, B.K. (2012). Analyzing the effects of electronic commerce on organizational performance: Evidence from small and medium enterprises. African Journal of Business Management, 6 (15), 6486-6496

Jovanovic, J.S., Vujadinovic, R., Mitreva, E.,Fragassa C., & Vujovic A. (2020). The Relationship between E-Commerce and Firm Performance: The Mediating Role of Internet Sales Channels. International Journal of Sustainability .https://doi:10.3390/su12176993.

Okeke, M. N., Oboreh, J. C, &Ezeaghaego, C.C. (2016). Effect of E-Commerce And The growth of Small Scale Enterprises In Selected Enterprises in Anambra State. Singaporean Journal of Business Economics, and Management Studies, 5(2), 82 101

Okolo, V. O., Okafor, J. N., Obikeze, C. O., & Nduka, C. (2018). Influence of online advertising on consumer brand awareness and patronage of financial institutions in Enugu: A UBA. Global Scientific Journals, 6(8). 452-484

Olasanmi, O.O. (2019). Online Shopping and Customers’ Satisfaction in Lagos State,

Nigeria. American Journal of Industrial and Business Management, 9, 1446-1463. http://DOI: 10.4236/ajibm.2019.96095

Pembi, S. (2016). The Impact of Electronic Commerce Application on Business Process in

Small and Medium Scale Enterprises in Adamawa and Taraba States-Nigeria. American Journal of Applied Business, 2(3): 20-27.

Shahjee, R. (2016). The Impact of Electronic Commerce on Business Organization. A publication of Scholarly research journal for interdisciplinary studies, 4(7), 3130-

Turban, E., Lee J, King, D., & Chung, H. (2002). Electronic commerce: A managerial perspective, NJ, Prentice Hall, 4.

Downloads

Published

2022-12-30

How to Cite

ONIKOYI, I. A., BABATUNDE, B. O., & ODEH, C. D. . (2022). Impact of E-Commerce Applications on Non- Financial Peformance of Selected Online Retail Enterprises in Lagos State, Nigeria. The Journal of Accounting and Management, 12(3). Retrieved from https://dj.univ-danubius.ro/index.php/JAM/article/view/1879

Issue

Section

Articles