Research Article

A Dynamic CGE Model for Consumer Trust Mechanism within an E-Commerce Market

Table 5

Burnham defines the connotation of conversion costs.

ClassificationSpecific dimensionsConcept

Process conversion costsEconomic risk costNegative results when consumers turn to other businesses
Evaluate the costThe time and effort paid by the consumer in the search and evaluation of information when deciding whether or not to convert
Learning costsThe time and effort paid by consumers after learning the functions and methods of using the products and services provided by the new business
Organize the cost of adjustmentAnd the new business to build a relationship between the time and effort
Economic conversion costsCost of loss of profitsAfter the conversion, the loss of the original business as the old customers has a variety of economic benefits
Money loss costCustomers have already paid a variety of fees when they bought their products and services
Relationship conversion costsLoss of personal relationshipThe loss of interpersonal relationships that customers may cause when converting customers to other businesses
Loss of brand relationshipCustomer replacement service and product suppliers, there is the risk of losing the association with the original corporate brand, resulting in social recognition and other aspects of the lack of