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Social Credibility: Trust Formation In Social Commerce, Lena Cavusoglu, Deniz Atik
Social Credibility: Trust Formation In Social Commerce, Lena Cavusoglu, Deniz Atik
Marketing Faculty Publications and Presentations
Trust formation in informal social commerce, also considered lateral exchange markets (LEMs) on social media platforms, has different dynamics from e-commerce and traditional consumerto‐ consumer (C2C) exchange. These online markets are massive in scale; thus, it is an important phenomenon in consumer research. With a holistic perspective, we conducted in-depth interviews with Instagram consumers and sellers. Our research is among the first to reveal an empirical understanding of the critical dynamics of trust formation in LEMs within social commerce and contribute to theory by introducing a novel dimension termed social credibility. Social credibility surpasses the source credibility evaluations one step …