Assessing Factors for Designing a Successful B2C E-Commerce Website using Fuzzy AHP and TOPSIS-Grey Methodology

The recent hype in online purchasing has skyrocketed the importance of the electronic commerce (e-commerce) industry. One of the core segments of this industry is business-to-consumer (B2C) where businesses use their websites to sell products and services directly to consumers. Thus, it must be take...

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Main Authors: Ran Li, Tao Sun
Format: Article
Language:English
Published: MDPI AG 2020-03-01
Series:Symmetry
Subjects:
Online Access:https://www.mdpi.com/2073-8994/12/3/363
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author Ran Li
Tao Sun
author_facet Ran Li
Tao Sun
author_sort Ran Li
collection DOAJ
description The recent hype in online purchasing has skyrocketed the importance of the electronic commerce (e-commerce) industry. One of the core segments of this industry is business-to-consumer (B2C) where businesses use their websites to sell products and services directly to consumers. Thus, it must be taken care of that B2C websites are designed in a way which can build a trustworthy and long-term relationship between businesses and consumers. Thus, this study assesses and prioritizes factors for designing a successful B2C e-commerce website. The study employs multi-criteria decision making (MCDM), and to minimize any ambiguity and greyness in the decision-making, it integrates fuzzy and grey respectively with the Analytical Hierarchy Process (AHP) and Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) to form FAHP and TOPSIS-Grey. Initially, the study conducts a thorough literature survey to screen important factors reported in past studies. Five main factors and nineteen sub-factors were selected for further prioritization. Later, FAHP prioritized factors based on their importance. Finally, based on the FAHP results, TOPSIS-Grey ranked five alternatives (e-commerce websites). FAHP revealed “service quality” as the most successful website designing factor, while TOPSIS-Grey reported “Website-3” as the most successful website, having incorporated the factors required to design a successful website.
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spelling doaj.art-24c275dfce104f00a0b50d925d3757082022-12-22T04:00:15ZengMDPI AGSymmetry2073-89942020-03-0112336310.3390/sym12030363sym12030363Assessing Factors for Designing a Successful B2C E-Commerce Website using Fuzzy AHP and TOPSIS-Grey MethodologyRan Li0Tao Sun1College of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing 211106, Jiangsu, ChinaCollege of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing 211106, Jiangsu, ChinaThe recent hype in online purchasing has skyrocketed the importance of the electronic commerce (e-commerce) industry. One of the core segments of this industry is business-to-consumer (B2C) where businesses use their websites to sell products and services directly to consumers. Thus, it must be taken care of that B2C websites are designed in a way which can build a trustworthy and long-term relationship between businesses and consumers. Thus, this study assesses and prioritizes factors for designing a successful B2C e-commerce website. The study employs multi-criteria decision making (MCDM), and to minimize any ambiguity and greyness in the decision-making, it integrates fuzzy and grey respectively with the Analytical Hierarchy Process (AHP) and Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) to form FAHP and TOPSIS-Grey. Initially, the study conducts a thorough literature survey to screen important factors reported in past studies. Five main factors and nineteen sub-factors were selected for further prioritization. Later, FAHP prioritized factors based on their importance. Finally, based on the FAHP results, TOPSIS-Grey ranked five alternatives (e-commerce websites). FAHP revealed “service quality” as the most successful website designing factor, while TOPSIS-Grey reported “Website-3” as the most successful website, having incorporated the factors required to design a successful website.https://www.mdpi.com/2073-8994/12/3/363b2c e-commerce factorswebsitemcdmfuzzy ahptopsis-greychina
spellingShingle Ran Li
Tao Sun
Assessing Factors for Designing a Successful B2C E-Commerce Website using Fuzzy AHP and TOPSIS-Grey Methodology
Symmetry
b2c e-commerce factors
website
mcdm
fuzzy ahp
topsis-grey
china
title Assessing Factors for Designing a Successful B2C E-Commerce Website using Fuzzy AHP and TOPSIS-Grey Methodology
title_full Assessing Factors for Designing a Successful B2C E-Commerce Website using Fuzzy AHP and TOPSIS-Grey Methodology
title_fullStr Assessing Factors for Designing a Successful B2C E-Commerce Website using Fuzzy AHP and TOPSIS-Grey Methodology
title_full_unstemmed Assessing Factors for Designing a Successful B2C E-Commerce Website using Fuzzy AHP and TOPSIS-Grey Methodology
title_short Assessing Factors for Designing a Successful B2C E-Commerce Website using Fuzzy AHP and TOPSIS-Grey Methodology
title_sort assessing factors for designing a successful b2c e commerce website using fuzzy ahp and topsis grey methodology
topic b2c e-commerce factors
website
mcdm
fuzzy ahp
topsis-grey
china
url https://www.mdpi.com/2073-8994/12/3/363
work_keys_str_mv AT ranli assessingfactorsfordesigningasuccessfulb2cecommercewebsiteusingfuzzyahpandtopsisgreymethodology
AT taosun assessingfactorsfordesigningasuccessfulb2cecommercewebsiteusingfuzzyahpandtopsisgreymethodology