E-commerce's future is in creating 'swift guanxi,' or personal and social rapport
Friday, June 14, 2013 - 20:00
in Psychology & Sociology
Despite the reputation of online marketplaces being distant and impersonal, through social technologies such as instant messaging, they can create the sense of personal and social relationships between buyers and sellers, termed "swift guanxi" in China, to facilitate loyalty, interactivity and repeat transactions, according to new research.