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Quality investment and subsidy strategies of platforms for smart home control hub 智能家居控制中枢平台的优质投资和补贴策略
IF 3.9 4区 管理学 Q2 BUSINESS Pub Date : 2023-12-09 DOI: 10.1007/s10660-023-09786-2
Jie Zhang, Yanju Zhou, Xiaohong Chen, Maggie Wenjing Liu

In the realm of smart homes, a smart speaker functions as the central control hub, seamlessly connecting platforms, consumers, and manufacturers. The emerging smart home platforms such as T-Mall and Amazon face the trade-off between quality investment of such IoT product which exhibits two-sided network externalities as well as expanding the smart ecosystem. This paper first extracts consumers’ functional preferences from online review data and then constructs an analytical model based on two-sided market to explore the interplay between quality investment and two-sided pricing decisions. This paper carries out a full analysis of three distinct settings: monopoly, duopoly, and partial multihoming. The conclusions indicate that when one side benefits from network externalities, the platform should not reduce the charges to the other side; In cases where consumers are single-homing while manufacturers are multihoming, the platform can subsidize both sides and reap commission revenues. However, in multihoming scenarios, the interdependence between the platform's two sides diminishes, rendering the subsidy strategy potentially inefficient. The success of this strategy hinges on consumers' varying preferences for standalone value and ecosystem effect. This research enriches two-sided market theory and furnishes practical guidance for platforms navigating quality investment and pricing decisions within the smart home industry.

在智能家居领域,智能音箱发挥着中央控制枢纽的作用,将平台、消费者和制造商无缝连接起来。新兴的智能家居平台,如天猫、亚马逊等,面临着此类物联网产品的质量投资(表现出双面网络外部性)与扩大智能生态系统之间的权衡。本文首先从在线评论数据中提取消费者的功能偏好,然后构建基于双面市场的分析模型,探讨质量投资与双面定价决策之间的相互作用。本文对垄断、双头垄断和部分多头垄断三种不同的情况进行了全面分析。结论表明,当一方从网络外部性中获益时,平台不应降低对另一方的收费;在消费者单方接入而制造商多方接入的情况下,平台可以补贴双方并获得佣金收入。然而,在多归属情况下,平台双方的相互依赖性降低,补贴策略可能会失去效率。这一策略的成功与否取决于消费者对独立价值和生态系统效应的不同偏好。这项研究丰富了双面市场理论,并为平台在智能家居行业内做出高质量投资和定价决策提供了实用指导。
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引用次数: 0
How the metaverse influences marketing and competitive advantage of retailers: predictions and key marketing research priorities 元网络如何影响零售商的营销和竞争优势:预测和营销研究重点
IF 3.9 4区 管理学 Q2 BUSINESS Pub Date : 2023-12-08 DOI: 10.1007/s10660-023-09779-1
Roberto Bruni, Annarita Colamatteo, Dušan Mladenović

Retail is one of the sectors that Metaverse will strongly implicate. Given the hypothetical convergence of physical and the Metaverse shopping experiences, retailers in grocery segment must identify and forecast opportunities and emerging challenges to achieve a competitive advantage with appropriate marketing strategies. By anchoring in the brick-and-mortar context, the present paper discusses the sources of competitive advantage for grocery segment retailers in the Metaverse, highlighting differences and similarities with the traditional retail context. Moreover, following a marketing perspective, a research agenda is presented, looking at the retail sources of competitive advantage in the Metaverse.

零售业是将受到 Metaverse 强烈影响的行业之一。鉴于实体购物体验与 Metaverse 购物体验的假想融合,杂货业的零售商必须识别并预测机遇和新出现的挑战,以便通过适当的营销战略实现竞争优势。本文以实体店为背景,讨论了杂货业态零售商在 Metaverse 中的竞争优势来源,强调了与传统零售业态的异同。此外,本文还从市场营销的角度出发,提出了研究议程,探讨 Metaverse 中零售业竞争优势的来源。
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引用次数: 0
The live-streaming e-commerce mode selection under competition: self-run or third-party? 竞争下的直播电商模式选择:自营还是第三方?
IF 3.9 4区 管理学 Q2 BUSINESS Pub Date : 2023-12-08 DOI: 10.1007/s10660-023-09789-z
Shanshan Wang, Junbin Wang

The popularity of live-streaming (LS) has enforced a great number of e-retailers to introduce such an emerging e-commerce mode. Considering the potential benefits brought by LS e-commerce and the various modes for introducing such a strategy, this study examines three possible modes of LS in a competitive context, namely without LS, third-party LS, and self-run LS. By using a stylized game-theoretical model, we explore the impacts of such a selling strategy on both online and offline retailers’ decisions and profits. Our findings show that when the consumer’s hassle cost for LS shopping is low, the LS selling always results in a price-increase effect on the online retailer, while only the third-party LS would have the same effect on the offline retailer. Moreover, the offline retailer always obtains the highest demand with third-party LS, but the online retailer obtains the lowest one. Most importantly, when the online retailer introduces third-party LS, it might result in a “win–win” situation for both retailers. In addition, we extend the basic model to the case with a more powerful online retailer.

直播(LS)的流行促使大量网络零售商引入这种新兴的电子商务模式。考虑到LS电子商务带来的潜在利益以及引入这种战略的各种模式,本研究探讨了竞争背景下三种可能的LS模式,即无LS、第三方LS和自营LS。通过使用一个风格化的博弈理论模型,我们探讨了这种销售策略对线上和线下零售商的决策和利润的影响。我们的研究结果表明,当消费者LS购物的麻烦成本较低时,LS销售总是会对线上零售商产生提价效应,而只有第三方LS才会对线下零售商产生同样的效应。此外,线下零售商总是能通过第三方LS获得最高的需求,而线上零售商却只能获得最低的需求。最重要的是,当线上零售商引入第三方 LS 时,可能会为双方带来 "双赢 "局面。此外,我们还将基本模型扩展到实力更强的在线零售商的情况。
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引用次数: 0
Can time pressure promote consumers' impulse buying in live streaming E-commerce? Moderating effect of product type and consumer regulatory focus 时间压力能促进消费者在电商直播中的冲动购买吗?产品类型与消费者监管焦点的调节效应
IF 3.9 4区 管理学 Q2 BUSINESS Pub Date : 2023-12-06 DOI: 10.1007/s10660-023-09788-0
Dong Kong, Shujing Zhan, Yanxiao Zhu

Time pressure is one of the most commonly promotion methods in live streaming e-commerce (LSE), but can it promote consumers’ impulse buying? There is no answer, and existing research conclusions in traditional commerce context are inconsistent. Is this impact the same for different types of product and consumers with different characteristics? Existing research cannot give a good answer either. Therefore, based on the Construal Level Theory, adopting the situational questionnaire method, this study explored the impact of time pressure on impulse buying in LSE and the moderating effect of product type (search product and experience product) and consumer regulatory focus (promotion focus and prevention focus). The results show that: (1) Time pressure will promote consumers' impulsive buying. (2) For search product, the impact of time pressure will be enhanced, but the impact will be weakened for experience product. (3) For promotion-focus consumers, the impact of time pressure will be enhanced; but for prevention-focus consumers, the impact will be weakened. These empirically tested the impact of time pressure on consumers’ impulse buying in LSE, and clarified the boundary conditions of this impact. Meanwhile, these can explain the inconsistency of existing research conclusions to a certain extent, which enriches researches on LSE and gives implications for LSE merchants to utilize time pressure better.

时间压力是直播电商最常用的促销手段之一,但它能促进消费者的冲动购买吗?这个问题没有答案,传统商业背景下的现有研究结论也不一致。对于不同类型的产品和不同特征的消费者,这种影响是否相同?现有的研究也无法给出一个好的答案。因此,本研究基于解释水平理论,采用情境问卷法,探讨了时间压力对LSE冲动购买的影响,以及产品类型(搜索产品和体验产品)和消费者监管重点(促销重点和预防重点)的调节作用。结果表明:(1)时间压力会促进消费者的冲动购买。(2)对于搜索类产品,时间压力的影响会增强,而对于体验类产品,时间压力的影响会减弱。(3)对于注重促销的消费者,时间压力的影响会增强;但对于注重预防的消费者来说,影响将会减弱。这些实证检验了时间压力对LSE消费者冲动购买的影响,并明确了这种影响的边界条件。同时,这也在一定程度上解释了现有研究结论的不一致性,丰富了LSE的研究内容,对LSE商家更好地利用时间压力具有启示意义。
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引用次数: 0
Exploring price tolerance in online retail: A comparative analysis of price comparison website use and repeat purchases 探索在线零售的价格容忍度:比价网站使用和重复购买的比较分析
IF 3.9 4区 管理学 Q2 BUSINESS Pub Date : 2023-12-06 DOI: 10.1007/s10660-023-09791-5
Jan Berends, Torsten J. Gerpott

The present empirical study is the first research to examine how the price tolerance of online buyers correlates with price comparison website (PCW) usage and customer relationship status (CRS). Longitudinal sales data of power tools and household appliances in 8,097 transactions from a German online shop and scraped PCW price data over a 6-months period in 2021 are used for the analysis. Consumer demand falls on average by around 80% per less favorable PCW rank. In addition, PCW (new) customers show significantly less price tolerance than organic (existing) customers. A small but significant interaction effect induces that the correlation of CRS and price tolerance is stronger for organic than for PCW customers.

本实证研究首次探讨了在线购买者的价格容忍度与比价网站(PCW)使用和客户关系状态(CRS)之间的关系。分析使用了德国一家在线商店8097笔交易的电动工具和家用电器的纵向销售数据,以及抓取的2021年6个月期间的PCW价格数据。电讯盈科排名越差,消费者需求平均下降约80%。此外,PCW(新)客户对价格的容忍度明显低于有机(现有)客户。一个小而显著的交互效应表明,有机顾客的CRS与价格容忍度的相关性强于PCW顾客。
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引用次数: 0
Optimal investment and pricing strategies of online–offline model for mobile health provider 移动医疗服务提供商线上-线下模式的最优投资与定价策略
IF 3.9 4区 管理学 Q2 BUSINESS Pub Date : 2023-12-06 DOI: 10.1007/s10660-023-09766-6
Wuhua Chen, Yuan Tang

Due to the lack of medical examinations, in online health platforms (called online channels), a portion of users are unable to be diagnosed. Recently, many mobile health providers have started investing in offline clinics or hospitals (called offline channels) to offer further health services to these customers (i.e., the online–offline model). Providers need to determine the optimal investment and pricing strategies of online and offline channels to maximize profits. In this paper, we first analyze the optimal strategies of the provider in a monopoly case, and find that the properties of optimal online and offline decisions tend to be opposite due to the competitive nature of the two channels. Furthermore, we compare this with the case where the provider invests only in the online channel (i.e., the online-only model) in terms of profitability and show that if the value of the online health (or the offline health) is not high (high enough), then the provider should choose the online–offline model, otherwise she should adopt the online-only model. Finally, we investigate a case of an m-health platform competing with local clinics and find certain interesting insights. In particular, unlike the monopoly case, in the competition case, the platform should operate the offline channel when the sensitivity of patients to the online service quality is at a moderate level, and not otherwise.

由于缺乏医疗检查,在在线健康平台(称为在线渠道)中,一部分用户无法被诊断。最近,许多移动医疗服务提供者已开始投资于线下诊所或医院(称为线下渠道),为这些客户提供进一步的医疗服务(即线上-线下模式)。供应商需要确定线上和线下渠道的最优投资和定价策略,以实现利润最大化。在本文中,我们首先分析了垄断情况下供应商的最优策略,并发现由于两个渠道的竞争性质,最优在线和离线决策的性质往往相反。此外,我们将其与提供商仅投资于在线渠道(即在线纯模式)的盈利能力进行了比较,结果表明,如果在线健康(或离线健康)的价值不高(足够高),则提供商应选择在线-离线模式,否则应采用在线纯模式。最后,我们调查了一个移动医疗平台与当地诊所竞争的案例,并发现了一些有趣的见解。特别是,与垄断案例不同,在竞争案例中,平台应在患者对线上服务质量的敏感性处于中等水平时运营线下渠道,而不是在其他情况下。
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引用次数: 0
Analysis of constraints and their impact on adopting digital FinTech techniques in banks 银行采用数字金融技术的制约因素及其影响分析
IF 3.9 4区 管理学 Q2 BUSINESS Pub Date : 2023-12-01 DOI: 10.1007/s10660-023-09782-6
Hussein Ahmed Alshari, M. A. Lokhande

This study aims to investigate the effect of constraints; regulatory, technological, political, economic, and cultural, on the adoption of FinTech in banks through techniques of FinTech; artificial intelligence, big data, cloud computing, and blockchain in Yemen. The information for this study was collected through a questionnaire that included 332 respondents and was analyzed at the managerial level for 361 bank branches. Structural equation modeling through PLS, a disjoint two-stage approach, was used to approve the model's constructs. The study results reveal a significant negative effect of the constraints on adopting FinTech in banks. Technological, economic, and political constraints negatively affect banks' adoption of digital FinTech techniques. But regulatory and cultural constraints have an insignificant effect. This study may be important for specialists and those interested in FinTech development and valuable for decision-makers to address obstacles and keep pace with financial technology developments in Yemen.

本研究旨在探讨约束的影响;监管、技术、政治、经济和文化方面,通过金融科技技术在银行采用金融科技;也门的人工智能、大数据、云计算和区块链。本研究的信息是通过一份包括332名受访者的调查问卷收集的,并在361家银行分行的管理层进行了分析。结构方程建模通过PLS,一个不相交的两阶段方法,被用来批准模型的结构。研究结果表明,银行采用金融科技的限制因素具有显著的负面影响。技术、经济和政治制约因素对银行采用数字金融科技技术产生负面影响。但监管和文化约束的影响并不显著。这项研究可能对专家和对金融科技发展感兴趣的人很重要,对决策者解决也门的障碍和跟上金融科技发展的步伐也很有价值。
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引用次数: 0
Gift recommendation systems: a review 礼品推荐系统:综述
IF 3.9 4区 管理学 Q2 BUSINESS Pub Date : 2023-12-01 DOI: 10.1007/s10660-023-09790-6
Pouya Mohseni, Hedieh Sajedi, Khalid Hussain

Gift exchange is a common practice in people’s lives, with a significant proportion of e-commerce sales in the world attributed to gift purchases. However, gift-giving can be challenging for many individuals, as gift-givers often struggle to accurately predict the recipient’s reactions. To address this issue, personalized recommendation systems can be utilized to facilitate gift selection. This paper reviews psychological, marketing, and anthropological research related to gift exchange and proposes a framework for gift recommendation systems based on the introduced metrics. Subsequently, the paper surveys existing gift recommendation systems literature and evaluates their adherence to the proposed framework. The contributions of this paper are two-fold: (1) Giving a clear understanding of gift exchange practices and proposing a framework for gift recommendation systems, and (2) Reviewing gift recommendation systems literature and examining their adherence to the provided framework.

礼品交换在人们的生活中是一种常见的做法,全球电子商务销售的很大一部分归因于礼品购买。然而,送礼对很多人来说都是一个挑战,因为送礼者往往很难准确地预测收礼者的反应。为了解决这个问题,个性化的推荐系统可以用来促进礼物的选择。本文回顾了与礼物交换相关的心理学、市场营销和人类学研究,并提出了一个基于引入指标的礼物推荐系统框架。随后,本文调查了现有的礼品推荐系统文献,并评估了它们对所提出框架的依从性。本文的贡献有两个方面:(1)清晰地理解礼品交换实践,并提出礼品推荐系统的框架;(2)回顾礼品推荐系统的文献,并检查它们对所提供框架的遵守情况。
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引用次数: 0
Understanding the information characteristics of consumers’ online reviews: the evidence from Chinese online apparel shopping 理解消费者在线评论的信息特征:来自中国在线服装购物的证据
IF 3.9 4区 管理学 Q2 BUSINESS Pub Date : 2023-11-30 DOI: 10.1007/s10660-023-09784-4
Lu Wei, Shufan Ma, Maoze Wang

Online reviews are essential to consumers' decision-making when purchasing products on e-commerce platforms. Most of the existing research conducts sentiment analysis on online reviews, yet the disclosure characteristics of these reviews have not received sufficient attention. Therefore, this paper evaluated the information characteristics of online reviews using review length, readability, redundancy, and specificity indicators. By collecting 18,131 online clothing reviews, we applied Latent Dirichlet allocation to divide the review texts into nine topics. We also investigate the relationship between review text characteristics and review sentiment and verify the robustness of the results using different regression models. We conclude that a review with more words, higher redundancy, lower fog index, and lower specificity tends to express a more positive emotion of the review. Our research will help e-commerce platforms construct general review writing guidelines to improve consumer satisfaction.

在线评论对于消费者在电子商务平台上购买产品的决策至关重要。现有的研究大多是对网络评论进行情感分析,但这些评论的披露特征并没有得到足够的重视。因此,本文采用评论长度、可读性、冗余度、特异性等指标评价在线评论的信息特征。通过收集18131篇在线服装评论,我们应用Latent Dirichlet分配将评论文本划分为9个主题。我们还研究了评论文本特征与评论情绪之间的关系,并使用不同的回归模型验证了结果的稳健性。我们的结论是,词汇越多、冗余度越高、模糊指数越低、特异性越低的评论往往表达出更积极的评论情绪。我们的研究将有助于电子商务平台构建通用的评论写作指南,以提高消费者满意度。
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引用次数: 0
A study on the role of information cues in E-commerce live streaming: evidence from self-reported and fNIRS data 信息线索在电子商务直播中的作用研究:来自自我报告和fNIRS数据的证据
IF 3.9 4区 管理学 Q2 BUSINESS Pub Date : 2023-11-24 DOI: 10.1007/s10660-023-09772-8
Yajing Diao, Qian Yang, Shilun Ge, Nianxin Wang, Jian Lu

Unlike general e-commerce, live streaming commerce innovatively allows live streamers to use instant social functions to communicate with viewers and present products in a more vivid way. However, little research has been done to understand the effects of multiple information cues in live streaming commerce. Drawing on the stimulus–organism–response (S–O–R) theory, we develop a two-phase research framework to examine how the combination of endogenous and exogenous cues can influence viewers’ information processing and arouse purchase intention when watching e-commerce live streaming. We also propose that product involvement may moderate the effects of information cues. To investigate the above effects, we conduct a laboratory experiment using self-report and functional near-infrared spectroscopy. In summary, the experimental results show that the richer the cues provided by the live streaming, the better the effect on viewers’ product knowledge accessibility for low-involvement products. However, complex information cues have a negative effect on the viewers’ cognitive processing of high-involvement products, which may distract viewers’ attention from the products and reduce consumers’ product knowledge accessibility. In addition, the introduction of the live streamer, the real-time comments, and the detailed product list aroused the viewers' positive emotions among the viewers and thus stimulated their purchase intention. These findings can help platforms, businesses, and live streamers improve their marketing strategies.

与一般电商不同的是,直播商务创新地允许直播者利用即时社交功能与观众进行交流,并以更生动的方式呈现产品。然而,很少有研究来了解多种信息线索在直播商业中的影响。根据刺激-生物-反应(S-O-R)理论,我们开发了一个两阶段的研究框架,以研究内源性和外源性线索的结合如何影响观众在观看电子商务直播时的信息处理和引发购买意愿。我们还提出,产品介入可能会缓和信息线索的影响。为了研究上述影响,我们利用自报告和功能近红外光谱进行了实验室实验。综上所述,实验结果表明,直播提供的线索越丰富,对观众低介入产品知识可及性的影响越好。然而,复杂的信息线索对观众对高介入产品的认知加工有负面影响,可能会分散观众对产品的注意力,降低消费者对产品知识的可及性。此外,直播的引入、实时的评论、详细的产品列表等,激发了观众的积极情绪,从而激发了他们的购买意愿。这些发现可以帮助平台、企业和直播者改进他们的营销策略。
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引用次数: 0
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Electronic Commerce Research
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