A Dynamic CGE Model for Consumer Trust Mechanism within an E-Commerce Market
Table 5
Burnham defines the connotation of conversion costs.
Classification
Specific dimensions
Concept
Process conversion costs
Economic risk cost
Negative results when consumers turn to other businesses
Evaluate the cost
The time and effort paid by the consumer in the search and evaluation of information when deciding whether or not to convert
Learning costs
The 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 adjustment
And the new business to build a relationship between the time and effort
Economic conversion costs
Cost of loss of profits
After the conversion, the loss of the original business as the old customers has a variety of economic benefits
Money loss cost
Customers have already paid a variety of fees when they bought their products and services
Relationship conversion costs
Loss of personal relationship
The loss of interpersonal relationships that customers may cause when converting customers to other businesses
Loss of brand relationship
Customer 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