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What Influences Online Sales Across Different Types of E-Commerce Platforms 影响不同类型电子商务平台在线销售的因素
IF 5 3区 管理学 Q2 BUSINESS Pub Date : 2022-06-24 DOI: 10.1080/10864415.2022.2076196
Hongyan Dai, Qing Xiao, Nina Yan, Xun Xu, Tingting Tong
ABSTRACT The prosperity of the platform economy has facilitated online sales. This study investigates the influential factors of online sales across the online-to-offline (O2O) on-demand and traditional business-to-consumer (B2C) platforms. Our empirical evidence is based on data with a large sample size on two of the largest e-commerce platforms in China: an O2O on-demand platform and a traditional B2C platform. We find that the influencing mechanism and magnitude of the various factors are different between the O2O and B2C platforms. In detail, product rating and market share positively affect online sales, and the relative magnitude of market share impact is higher for the B2C platform than for the O2O platform. Clickstream positively affects online sales. Both the short- and long-term magnitude of impact are higher for the O2O platform than for the B2C platform. The long-term impact of clickstream in the O2O platform is higher than that in the short term. In addition, a price increase negatively affects online sales, especially for the O2O platforms. Our findings offer insights for various platforms to implement appropriate marketing strategies and post effective information to attract consumers and increase online sales.
摘要平台经济的繁荣促进了在线销售。本研究调查了在线到线下(O2O)点播和传统企业到消费者(B2C)平台的在线销售的影响因素。我们的实证证据基于中国最大的两个电子商务平台的大样本数据:O2O点播平台和传统B2C平台。我们发现,O2O和B2C平台之间的各种因素的影响机制和程度不同。具体而言,产品评级和市场份额对在线销售产生了积极影响,B2C平台的市场份额影响的相对幅度高于O2O平台。点击流对在线销售产生积极影响。O2O平台的短期和长期影响都高于B2C平台。点击流对O2O平台的长期影响高于短期影响。此外,价格上涨会对在线销售产生负面影响,尤其是对O2O平台而言。我们的研究结果为各种平台实施适当的营销策略和发布有效信息以吸引消费者并增加在线销售额提供了见解。
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引用次数: 5
The Effect of Incidental Prices in Online Display Ads on Consumer Internal Reference Price 网络展示广告附带价格对消费者内部参考价格的影响
IF 5 3区 管理学 Q2 BUSINESS Pub Date : 2022-06-24 DOI: 10.1080/10864415.2022.2076195
H. Shaker, S. Sénécal, Yany Grégoire, S. Taboubi
ABSTRACT The main objective of this research is to investigate how price information in online display advertisements affects the consumer’s internal reference price (IRP). The internet context differs from prior pricing research contexts in which consumers allocate all or none of their conscious attention to price stimuli. In this context, consumers allocate some of their attention to ads, but they do so incidentally. Across four studies, we show that these incidental exposures to price information in online ads influence the IRP. The results suggest that the price magnitude used in the online ad (either low or high) determines the price anchoring mechanism at play. The price magnitude in conjunction with ad repetition and ad type (price comparing ad vs. single price ad) also affect the consumer’s IRP. By uncovering these effects in online display advertising, this research contributes to pricing and online advertising research and provides specific insights for online marketers.
摘要本研究的主要目的是调查在线展示广告中的价格信息如何影响消费者的内部参考价格。互联网环境不同于以往的定价研究环境,在这种环境中,消费者将全部或全部意识注意力分配给价格刺激。在这种情况下,消费者将他们的一些注意力分配给广告,但他们这样做是偶然的。在四项研究中,我们发现这些偶然暴露在网上广告中的价格信息会影响IRP。结果表明,在线广告中使用的价格幅度(低或高)决定了价格锚定机制的作用。价格幅度与广告重复和广告类型(价格比较广告与单一价格广告)也会影响消费者的IRP。通过揭示在线展示广告中的这些影响,本研究有助于定价和在线广告研究,并为在线营销人员提供具体见解。
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引用次数: 2
Relationship between Social Exchanges and Financial Performance: Examining a Virtual Community Sponsored by a Cloud Provider 社会交换与财务绩效之间的关系:对云提供商赞助的虚拟社区的检验
IF 5 3区 管理学 Q2 BUSINESS Pub Date : 2022-06-24 DOI: 10.1080/10864415.2022.2076198
Zhengzhong Shi
ABSTRACT To attract a stream of potential clients and transform them into competent cloud adopters for sustained growth, cloud providers (CPs) sponsor YouTube virtual communities to build an interactive knowledge base and manage client relationships. This study investigates both the long- term equilibrium and the short-term dynamics of the relationships between social exchanges in CP sponsored virtual community and its financial performance. Social exchanges are measured with the number of unique posters (UP) and CP-posted quality content (QC), and financial performance is measured with quarterly CP revenue. With the advancement of CP-sponsored virtual community structure and dynamics laying the foundation, hypotheses are developed from multiple theoretical perspectives and time series data from Amazon Web Service sponsored YouTube community are analyzed. It is found that the long-run equilibrium and the short-run dynamics (of the relationships between social exchanges and financial performance) sharply contrast with each other, reminding community sponsors that they need to balance the long-run survival with the short-run success of their communities. Empirical results also reveal the steepness of the learning curve in the cloud computing industry as an entry barrier with implications for CPs and their clients. Further, based on empirical findings, both a stage model (about the impact of increase in CP revenue on increase in UP) and feedback loops (among participation, content, and value) are developed to help social media management visualize how their communities may dynamically evolve over time. This paper contributes not only to the cloud computing literature on the role social media plays in developing a competent client base, but also to the social media literature regarding the relationships between social exchanges and financial performance in knowledge intensive industries.
摘要:为了吸引一批潜在客户,并将他们转变为有能力的云用户,以实现持续增长,云提供商(CP)赞助YouTube虚拟社区,以建立互动知识库并管理客户关系。本研究调查了CP赞助的虚拟社区中社会交流与其财务绩效之间关系的长期均衡和短期动态。社交交流以独特海报(UP)和CP发布的优质内容(QC)的数量来衡量,财务业绩以季度CP收入来衡量。随着CP赞助的虚拟社区结构和动态的发展奠定了基础,从多个理论角度提出了假设,并分析了亚马逊网络服务赞助的YouTube社区的时间序列数据。研究发现,长期均衡和短期动态(社会交往和财务绩效之间的关系)形成了鲜明的对比,提醒社区赞助者需要平衡社区的长期生存和短期成功。实证结果还揭示了云计算行业学习曲线的陡峭性,这是一个对CP及其客户有影响的进入障碍。此外,基于经验发现,开发了阶段模型(关于CP收入增长对UP增长的影响)和反馈回路(参与度、内容和价值之间),以帮助社交媒体管理可视化其社区如何随着时间的推移而动态演变。本文不仅对云计算文献中关于社交媒体在发展有能力的客户群中所起作用的文献做出了贡献,而且对社交媒体文献中关于知识密集型行业中社会交流与财务绩效之间关系的文献也做出了贡献。
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引用次数: 2
Consumer Fraud in Online Shopping: Detecting Risk Indicators through Data Mining 网络购物中的消费者欺诈:通过数据挖掘检测风险指标
IF 5 3区 管理学 Q2 BUSINESS Pub Date : 2022-06-24 DOI: 10.1080/10864415.2022.2076199
T. Knuth, Dennis C. Ahrholdt
ABSTRACT Consumer fraud in online shopping has become a major problem and severe challenge for online retailers. However, detection lags behind — for academia and practice — and data-driven knowledge about risk indicators in transaction data is still very limited. Thus, this study focuses on the empirical data-based identification of consumer fraud risk indicators and combinations in online shopping transaction data. We demonstrate the use of a decision tree as a data mining technique for analysis of data from one of the world’s largest online retailers. Thereby, several patterns of fraud that improve separation of online shopping transactions into fraudulent and legitimate cases are identified. Thus, results can guide the choice of variables and design of fraud prevention actions and systems in future practical and theoretical work.
摘要网络购物中的消费者欺诈已成为网络零售商面临的一个重大问题和严峻挑战。然而,对于学术界和实践来说,检测滞后,关于交易数据中风险指标的数据驱动知识仍然非常有限。因此,本研究侧重于基于实证数据识别网上购物交易数据中的消费者欺诈风险指标和组合。我们演示了使用决策树作为数据挖掘技术来分析世界上最大的在线零售商之一的数据。从而,确定了几种欺诈模式,这些模式可以将网上购物交易区分为欺诈和合法案件。因此,研究结果可以指导未来实践和理论工作中变量的选择以及欺诈预防行动和系统的设计。
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引用次数: 4
How Electronic Word of Mouth Matters in Peer-to-Peer Accommodation: The Role of Price and Responsiveness 电子口碑在点对点住宿中的作用:价格和响应的作用
IF 5 3区 管理学 Q2 BUSINESS Pub Date : 2022-04-03 DOI: 10.1080/10864415.2022.2050581
Fuzhen Liu, K. Lai, Jiang Wu, X. Luo
ABSTRACT Under information asymmetry, electronic word of mouth (eWOM) is crucial to understanding customer experience in peer-to-peer (P2P) accommodation. However, the topics of what dimensions are included in eWOM and how these dimensions determine sales performance from a contingency perspective remain starkly underinvestigated. Drawing upon trust transfer theory and signaling theory, we identify two eWOM dimensions (i.e., listing-based eWOM and host-based eWOM) and examine their interactions with price and responsiveness on sales performance. Using objective data from Xiaozhu.com, a leading accommodation-sharing platform in China, we apply machine learning algorithms and economic analysis to illustrate customer behavior. Our results indicate that the valence of listing-based eWOM and that of host-based eWOM are positively associated with sales performance. Compared with listing-based eWOM, host-based eWOM exerts a more decisive influence on sales performance. Notably, the relationship between the valence of listing-based eWOM (host-based eWOM) and sales performance is weakened (strengthened) by listing price (host’s responsiveness). These findings provide helpful managerial insights for service strategies and policy actions to improve the accommodation-sharing economy.
在信息不对称的情况下,电子口碑(eWOM)对于理解点对点(P2P)住宿中的客户体验至关重要。然而,关于eom中包含哪些维度以及这些维度如何从偶然性的角度决定销售业绩的主题仍然没有得到充分的研究。利用信任转移理论和信号理论,我们确定了两个eWOM维度(即基于上市的eWOM和基于主机的eWOM),并研究了它们与价格和对销售业绩的响应性的相互作用。我们使用来自中国领先的住宿共享平台“小猪网”的客观数据,应用机器学习算法和经济分析来说明客户行为。我们的研究结果表明,基于挂牌型和基于主机型的eom的效价与销售绩效呈正相关。与基于挂牌的eom相比,基于主机的eom对销售业绩的影响更为决定性。值得注意的是,标价(房东响应性)弱化(强化)了标价型电子商务(主机型电子商务)与销售绩效之间的关系。这些发现为改善住宿共享经济的服务战略和政策行动提供了有益的管理见解。
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引用次数: 7
Fixed Fee or Proportional Fee? Contracts in Platform Selling Under Asymmetric Information 固定收费还是按比例收费?信息不对称条件下的平台买卖契约
IF 5 3区 管理学 Q2 BUSINESS Pub Date : 2022-04-03 DOI: 10.1080/10864415.2022.2050584
Jun Wang, Qian Zhang, Pengwen Hou
ABSTRACT In platform selling, platforms commonly charge third-party sellers a commission fee, which affects sellers’ decision making and platforms’ contract choice. This study explores this choice where a platform privately knows the market size and intends to signal to a seller. We aim to provide researchers and platform-selling practitioners insights into contract and information strategies. The result shows that the fixed-fee contract leads to either a costly or a costless signaling scenario. In costly scenarios, the high-demand platform must downward distort the fixed rent to distinguish itself from the low-demand platform. This distortion results in a different consensus on two players’ contract preference when the commission rate in the proportional-fee contract is exogenous. Under symmetric information, consensus is achieved only on the proportional-fee contract. However, in asymmetric information settings, this consensus may arise on fixed-fee contracts if market uncertainty is high. Furthermore, the comparison of information strategies reveals that players can reach an agreement on both the information-sharing strategy and the proportional-fee contract under certain conditions. When the platform endogenously determines the commission rate, this decision making can also signal demand type, and only the proportional-fee contract leads to a win–win outcome.
摘要在平台销售中,平台通常向第三方卖家收取佣金,这影响了卖家的决策和平台的合同选择。本研究探讨了这种选择,即平台私下知道市场规模,并打算向卖家发出信号。我们旨在为研究人员和平台销售从业者提供有关合同和信息策略的见解。结果表明,固定费用合同会导致成本高昂或无成本的信号场景。在成本高昂的场景中,高需求平台必须向下扭曲固定租金,以区别于低需求平台。当比例费用合同中的佣金率是外生的时,这种扭曲导致了对两个球员的合同偏好的不同共识。在对称信息下,只有在比例费用契约上才能达成共识。然而,在信息不对称的情况下,如果市场不确定性很高,这种共识可能会在固定费用合同上产生。此外,信息策略的比较表明,在一定条件下,玩家可以就信息共享策略和比例费用合同达成一致。当平台内生决定佣金率时,这种决策也可以表明需求类型,只有比例费用合同才能产生双赢的结果。
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引用次数: 7
How to Enhance Vendor-Specific Perceived Effectiveness of E-Commerce Institutional Mechanisms and Online Shopper Loyalty 如何提高电子商务制度机制的供应商感知有效性和网购者忠诚度
IF 5 3区 管理学 Q2 BUSINESS Pub Date : 2022-04-03 DOI: 10.1080/10864415.2022.2050583
Tzu-Ling Huang, Chun-Han Chen, Gen-Yih Liao, T. Cheng, Ching-I. Teng
ABSTRACT Online shopping, amassive information technology (IT)-mediated industry, is vulnerable to the risks of personal information leaks, credit card fraud, and nonreceipt of goods. These risks can cause shoppers to discontinue their use of ashopping website. To mitigate the risks, we propose that shopping websites develop risk-reducing mechanisms to enhance shoppers’ vendor-specific perceived effectiveness of e-commerce institutional mechanisms (VS-PEEIM), aconstruct new to the literature. We examined the relations among website quality, VS-PEEIM, and shopper loyalty. We found that VS-PEEIM mediates the impacts of service quality and information quality on shopper loyalty. Moreover, VS-PEEIM can explain more variance in loyalty than information quality and service quality can explain. Practically, our findings offer anew means for e-commerce firms to enhance shopper loyalty. Theoretically, our study proposes anew concept, VS-PEEIM, avendor-specific version of PEEIM, and verifies its influence on shopper loyalty, offering new knowledge on better using VS-PEEIM.
摘要网络购物是一个以信息技术为中介的行业,很容易受到个人信息泄露、信用卡欺诈和收不到货等风险的影响。这些风险可能会导致购物者停止使用ashopping网站。为了降低风险,我们建议购物网站开发风险降低机制,以增强购物者对电子商务制度机制(VS-PEEIM)的供应商特定感知有效性,这是文献中的新结构。我们研究了网站质量、VS-PEEIM和购物者忠诚度之间的关系。我们发现,VS-PEEIM介导了服务质量和信息质量对购物者忠诚度的影响。此外,与信息质量和服务质量相比,VS-PEEIM可以解释更多的忠诚度差异。实际上,我们的研究结果为电子商务公司提高购物者忠诚度提供了新的手段。从理论上讲,我们的研究提出了一个新的概念,即VS-PEEIM,它是PEEIM的一个特定版本,并验证了它对购物者忠诚度的影响,为更好地使用VS-PEEIM提供了新的知识。
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引用次数: 0
Editor’s Introduction 编辑器的介绍
IF 5 3区 管理学 Q2 BUSINESS Pub Date : 2022-04-03 DOI: 10.1080/10864415.2022.2050579
Vladimir Zwass
in these markets, eWOM plays a crucial role in transacting and pricing. With the obvious security risks of lodging with strangers come the relationship and communitarian benefits of cultural and social embedding. Grounding themselves in the signaling and trust-transfer theories, the authors deploy machine leaning and economic analysis, using the data from a major platform. As the researchers discover, platform-based eWOM plays a more significant role in the customers’ decision making than do the listing-based reviews. Their results allow the authors to offer granular recommendations to all the stakeholders in the accommodation-sharing markets. Taken together with the preceding article, we have a significant contribu-tion to platform-based mechanism design.
在这些市场中,eom在交易和定价方面起着至关重要的作用。与陌生人一起住宿有明显的安全风险,随之而来的是文化和社会嵌入的关系和社区利益。在信号和信任转移理论的基础上,作者利用来自一个主要平台的数据,部署了机器学习和经济分析。研究发现,基于平台的电子商务评论对顾客决策的影响比基于列表的电子商务评论更显著。他们的研究结果使作者能够向住宿共享市场的所有利益相关者提供细致的建议。结合前一篇文章,我们对基于平台的机制设计做出了重大贡献。
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引用次数: 0
The Emergence of a Sharing Market: Pricing, Supply, and Consumption 共享市场的出现:定价、供应和消费
IF 5 3区 管理学 Q2 BUSINESS Pub Date : 2022-04-03 DOI: 10.1080/10864415.2022.2050580
Ling Ding, Juan Feng, Xiuwu Liao, Lu Yang
ABSTRACT The emerging sharing economy increases the utilization of existing products/services, reduces the consumption of new resources, and gets more popular in recent years. We consider a market where consumers are differentiated by their preference for the product and develop an analytical model to study how a person-to-person (P2P) sharing market (ideal or imperfect) affects the manufacturer’s pricing strategies, consumers’ consumption time, consumer surplus, and social welfare. Surprisingly, we find that the existence of the sharing market may drive up the selling price of the product if the sharing platform can endogenously determine the commission fee of sharing transactions. Accordingly, depending on the transaction costs and the proportion of high-type consumers, we find that consumers’ total consumption time, consumer surplus, manufacturer’s profit, and social welfare may not improve in the presence of a sharing market. This study also offers guidelines for the sharing platform and optimal pricing strategies for manufacturers.
新兴的共享经济提高了现有产品/服务的利用率,减少了新资源的消耗,近年来越来越受欢迎。我们考虑了一个消费者对产品的偏好不同的市场,并开发了一个分析模型来研究个人对个人(P2P)共享市场(理想或不完美)如何影响制造商的定价策略、消费者的消费时间、消费者剩余和社会福利。令人惊讶的是,我们发现,如果共享平台能够内生地决定共享交易的佣金,那么共享市场的存在可能会推高产品的销售价格。因此,根据交易成本和高类型消费者的比例,我们发现在共享市场存在时,消费者的总消费时间、消费者剩余、制造商利润和社会福利可能不会提高。本研究也为厂商的共享平台及最优定价策略提供指导。
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引用次数: 1
Outcomes of Cyber-Victimization and Bystander Reactions in Online Brand Communities 网络受害者的结果和在线品牌社区中的旁观者反应
IF 5 3区 管理学 Q2 BUSINESS Pub Date : 2022-04-03 DOI: 10.1080/10864415.2022.2050582
Nuttakon Ounvorawong, Jan Breitsohl, Ben Lowe, Des Laffey
ABSTRACT Online brand communities such as Facebook fan pages show an increasing level of cyber-victimization, which is where a community member is bullied by another member. Based on the cyber-victimization literature in psychology, we designed an experiment that explores how cyber-victimization affects three commercial outcomes, namely, a victim’s positive word-of-mouth intentions, community satisfaction, and community following intentions. Using a survey of 387 community members with past cyber-victimization experiences, our results show that outcomes differ significantly in relation to the severity of cyber-victimization (severe vs. mild) and the reactions (defending vs. reinforcing vs. pretending) from bystanders (i.e., uninvolved community members who witness the cyber-victimization incident). Our findings offer brand managers a better understanding of the undesirable effects of cyber-victimization in online brand communities, and of the type of reactions from bystanders that they may wish to encourage.
Facebook粉丝页面等在线品牌社区显示出越来越多的网络受害现象,即社区成员受到其他成员的欺凌。基于心理学的网络受害文献,我们设计了一项实验,探讨网络受害如何影响受害者的正面口碑意图、社区满意度和社区追随意图这三个商业结果。通过对387名有网络受害经历的社区成员的调查,我们的研究结果表明,结果在网络受害的严重程度(严重vs轻微)和旁观者(即目击网络受害事件的未参与社区成员)的反应(辩护vs强化vs假装)方面存在显著差异。我们的研究结果让品牌经理更好地理解网络品牌社区中网络受害的不良影响,以及他们可能希望鼓励的旁观者的反应类型。
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引用次数: 0
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International Journal of Electronic Commerce
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