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| Volume 15, No.
1, June
2016 |
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Does
Online
Group
Buying
Benefit or
Destroy
Retail
Businesses? |
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Tommy Cheung |
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Department of Supply Chain and Information Management, Hang Seng
Management College, Hong Kong
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Wai Hung Wong |
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Department of Supply Chain and Information Management, Hang Seng
Management College, Hong Kong |
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Ricky S. Wong |
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Department of Supply Chain and Information Management, Hang Seng
Management College, Hong Kong |
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Jia Zhu |
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School of Computer Science, South China Normal University, China |
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| Abstract |
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Before adopting a group buying strategy, retailers need to recognize
the role of group buying and whether this strategy is beneficial or
detrimental. Our data are a product of surveys from over 200
customers. The results revealed that group buying agent is
beneficial to retailers. They supported our hypotheses that group
buying is an effective promotion tool for retailers in expanding
their customer base. Our research also showed that customer
satisfaction positively influences repeated purchases through group
buying agents and future purchases with retailers at regular price.
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Key words:
customer satisfaction; group buying; retail |
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JEL
classification:
M100; M19; M30 |
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