The influence of manufacturer encroachment on the supply chain: the conditional role of traditional retailer retail service investment

IF 3.9 4区 管理学 Q2 BUSINESS Asia Pacific Journal of Marketing and Logistics Pub Date : 2024-07-18 DOI:10.1108/apjml-01-2024-0109
Zijian Zhang, Yuanying Xu, Lijiao Meng, Renjie Luo, Jun Huang
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Abstract

Purpose

This paper investigates the dual interactive effects of manufacturer encroachment on the supply chain and retailer provision of retail services.

Design/methodology/approach

Consider a supply chain dominated by manufacturers, retailers, and e-commerce platforms, with the manufacturers selling the same product online and offline. Utilizing Stackelberg’s game theory, examples of wholesale and retail prices and profits of participants in the supply chain under different channels are analyzed. An effective encroachment strategy for manufacturers facing different retail service investment strategies of traditional retailers is given.

Findings

When traditional retailers do not invest in retail services, they will lose more profit due to competition with the manufacturer. At this time, the retailer does not want the manufacturer to encroach. The traditional retailer’s investment in retail services will enhance its and the manufacturer’s profits, incentivizing the manufacturer to pursue an aggressive expansion strategy.

Originality/value

(1) Considers a situation where the selling efficiency of the manufacturer is lower than that of the traditional retailer. (2) The interaction between traditional retailers’ retail service investment strategies and manufacturers’ encroachment strategies is investigated where the manufacturer is the dominant player. The three modes of online direct sales, resale, and third-party platform agency are compared to provide a basis for decision-making on different types of manufacturers’ encroachment. (3) Offline retail services not only directly increase sales in the offline market but also indirectly have a negative effect on the online market.

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制造商蚕食供应链的影响:传统零售商零售服务投资的条件作用
设计/方法/途径考虑由制造商、零售商和电子商务平台主导的供应链,制造商在线上和线下销售相同的产品。利用斯塔克尔伯格博弈论,举例分析不同渠道下供应链参与者的批发和零售价格及利润。结果当传统零售商不投资零售服务时,他们会因为与制造商的竞争而损失更多利润。此时,零售商不希望制造商侵占。传统零售商对零售服务的投资将提高其和制造商的利润,激励制造商采取积极的扩张战略。原创性/价值(1)考虑了制造商的销售效率低于传统零售商的情况。(2)研究了在制造商占主导地位的情况下,传统零售商的零售服务投资战略与制造商的蚕食战略之间的相互作用。通过比较线上直销、转售和第三方平台代理三种模式,为不同类型的制造商侵占提供决策依据。(3)线下零售服务不仅直接增加了线下市场的销售额,也间接对线上市场产生了负面影响。
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来源期刊
CiteScore
7.90
自引率
18.90%
发文量
96
期刊介绍: The Asia Pacific Journal of Marketing and Logistics (APJML) provides a unique focus on marketing and logistics in the Asia Pacific region. It publishes research which focus on marketing and logistics problems, new procedures and practical approaches, systematic and critical reviews of changes in marketing and logistics and cross-national and cross-cultural comparisons of theory into practice. APJML is to publish articles including empirical research, conceptual papers, in-depth literature review and testing of alternative methodologies and theories that have significant contributions to the knowledge of marketing and logistics in the Asia Pacific region. The journal strives to bridge the gap between academia and practice, hence it also publishes viewpoints from practitioners, case studies and research notes of emerging trends. Book reviews of cutting edge topics are also welcome. Readers will benefit from reports on the latest findings, new initiatives and cutting edge methodologies. Readers outside the region will have a greater understanding of the cultural orientation of business in the Asia Pacific and will be kept up to date with new insights of upcoming trends. The journal recognizes the dynamic impact of Asian Pacific marketing and logistics to the international arena. An in-depth understanding of the latest trends and developments in Asia Pacific region is imperative for firms and organizations to arm themselves with competitive advantages in the 21st century. APJML includes, but is not restricted to: -Marketing strategy -Relationship marketing -Cross-cultural issues -Consumer markets and buying behaviour -Managing marketing channels -Logistics specialists -Branding issues in Asia Pacific markets -Segmentation -Marketing theory -New product development -Marketing research -Integrated marketing communications -Legal and public policy -Cross national and cross cultural studies
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