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Published March 30, 2022 | Version v1
Journal article Open

E-Retailing and Consumer Trust: Building Loyalty in the Digital Marketplace

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Description

The rapid growth of e-retailing has significantly transformed consumer shopping behaviours and business operations, creating new opportunities and challenges for online retailers. In this dynamic digital marketplace, building and maintaining consumer trust is essential for fostering loyalty and ensuring long-term success. This paper delves into the core elements that contribute to consumer trust in e-retailing and examines various strategies that e-retailers can implement to build and sustain this trust. Key areas of focus include the importance of robust website security measures, transparent communication with customers, reliable and responsive customer service, and personalized shopping experiences tailored to individual preferences. By integrating these elements, e-retailers can enhance consumer trust, leading to increased customer loyalty and a stronger competitive position. The study aims to provide comprehensive insights into the intricate relationship between e-retailing practices and consumer trust, highlighting how strategic initiatives in these key areas can drive customer loyalty in an increasingly competitive online environment. Ultimately, this research underscores the critical role of trust-building strategies in e-retailing, offering practical recommendations for online retailers to cultivate lasting customer relationships and achieve sustainable business growth.

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E-Retailing and Consumer Trust Building Loyalty in the Digital Marketplace.pdf