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A study of the group-buying models in the e-marketplace

The beauty of group-buying is that the price will go down as the value of accumulated orders is increasing. However, the beauty cannot be realized if many customers are waiting have a lower price. Therefore, it may affect the performance of the group-buying. How to design different incentives to induce customers to join the group-buying as early as possible is the purpose of this study.
In the light of inducing buyers to join the group-buying as early as possible, three incentive mechanisms, time-based, quantity-based, and sequence-based, are proposed. In order to verify the performance of the three proposed new group-buying models compared with that of the traditional group-buying model, an experiment was implemented. According to the results of the experiment, we found that the time-based model can reduce customers¡¦ decision time before joining the group-buying. While the sequence-based model also can push customers to join the group-buying in the very beginning. As for the quantity-based model, it is in our expectation that the customers buy more than their original plan in order to get more discounts.
We also observe that buyers' satisfaction is higher if the group-buying model can effectively reduce the price. Furthermore, the earlier customers join the group-buying, more satisfactions they will get. Besides, the buyers also agree with that the group-buying model can effectively reduce the price. Furthermore, we discover that the perceived value, perceived usefulness, and perceived easy of use can positively affect the buyers' attitude, and consequently, buyers are willing to join the group-buying in the future.

Identiferoai:union.ndltd.org:NSYSU/oai:NSYSU:etd-0803104-015804
Date03 August 2004
CreatorsChuang, Ya-ting
ContributorsHsiang -chu Lai, Tung-Ching Lin, Tzyy-ching Yang
PublisherNSYSU
Source SetsNSYSU Electronic Thesis and Dissertation Archive
LanguageCholon
Detected LanguageEnglish
Typetext
Formatapplication/pdf
Sourcehttp://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0803104-015804
Rightsnot_available, Copyright information available at source archive

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