Social shopping promotions from a social merchant's perspective

Taking advantage of Web 2.0's user-participation and social networking capabilities, social shopping intermediaries have emerged as a promising online liaison between merchants and consumers by offering group discount deals to price-sensitive customers and early technology adopters. Our study compares the two most popular types of social merchants—restaurants and healthcare services—in terms of seven key factors that influence a merchant's sales using a Groupon promotion. We find that these two types of social merchants show significantly different characteristics for successful promotions. Based on a new proposed lifetime value model for social shopping promotions, this study also discusses its applicability with an illustration of the model and presents guidelines for social merchants who want to achieve the maximum lifetime value from a social shopping promotion. Finally, we discuss implications of our study for social merchants and social shopping intermediaries.     

Online Shoppers' Perceptions and Use of Comparison-Shopping Sites: An Exploratory Study

Comparison-shopping sites currently offer online shoppers various combinations of free services such as price comparisons, merchant ratings, links to e-tailers’ websites, and/or customer reviews in the search results page(s). The utility and market values of shopping comparison sites have attracted Internet giants such as eBay, Google, and Yahoo to the extent of developing or acquiring such sites. Scholarly research on comparison-shopping sites has focused on (1) trust in online recommendation agents, and (2) methods used by electronic agents to produce the recommendations. Our study explored how online shoppers’ attitudes toward comparison-shopping sites impact perceived credibility and usefulness of these sites. We also examined online shoppers’ merchant selection criteria and their likelihood to continue using comparison-shopping sites. One interesting finding from our study was that merchants need to be strong on site ratings and brand awareness to appeal to a wide online market. The finding dispelled the notion that e-tailers presented by shopping comparison sites need to compete, basically, only on price.     

Is the Daily Deal Social Shopping?: An Empirical Analysis of Customer Panel Data

Shortly after Groupon started its business in 2008, selling one deal a day with substantial price discounts, daily-deal sites became new online shopping places for many people. Starting with Groupon, most daily-deal sites required that voucher sales be higher than a predetermined number before deals become active. This feature, known as the “tipping point,” was a unique characteristic of the daily-deal business and is identified as one of the most prominent features of social shopping. Most daily-deal sites also required that a redemption period start after a deal was over and be fixed, usually 90 days, presumably to maximize the promotional effect of deals by encouraging rapid voucher redemption. The question remains, however, whether such features actually contributed to the success of the daily-deal industry. Using individual-level panel data from a major daily-deal site in Korea, we analyze whether consumers' purchase and redemption behaviors were affected by these features and how consumers changed their behaviors as they continued to purchase and redeem vouchers over time. We find that the presence of the tipping point did not boost voucher sales and likely deterred new customers from buying deals right away. We also find that new customers tended to redeem their vouchers quickly, and this likely caused the small businesses that offered deals to become overwhelmed. It is not surprising, given our findings, that both Groupon and the Korean daily deal site abandoned the use of the tipping point and modified redemption rules.     

Status reinforcing: Unintended rating bias on online shopping platforms

Online shopping platforms have gradually begun to use hierarchical loyalty programs to distinguish customers. Previous studies have focused mainly on the effect of such programs on loyalty and repurchase behavior, and little is known about how customer statuses in hierarchical loyalty programs affect their online product evaluations. Drawing on social status and social conformity theory, this study investigates the impact of customer status on the valence of online reviews. An instrumental variable is proposed to address the endogeneity issue. The results show that a customer's need for status leads to a negative rating bias when leaving online reviews. At the same time, people encounter social pressure from crowds. The need for social conformity can alleviate such rating bias. This study contributes to the understanding of the effect of social status on post-purchase behavior and provides practical implications for both managers and platforms.     

“I Love the Value From Shopping at Mass Merchants!” Consequences of Multichannel Shopping Value

The importance of consumer value-driven strategies is highlighted in the marketplace, especially with economic stagnation. The aim of this study is to shed light on the mechanisms underlying consumers’ value perception of, satisfaction with, and loyalty intentions toward shopping at mass merchants in a multichannel retail environment by using their shopping orientations as predictors. Findings based on a national sample online survey of 1,411 U.S. consumers revealed that multidimensional consumers’ shopping value perceptions regarding shopping at multichannel mass merchants had significant and positive effects on their consumer satisfaction with and loyalty intentions toward shopping at the multichannel mass merchants.     

The influence of social capital through social media: a study of the creation of value in shopping behaviour

When consumers access information from groups through social network sites (SNSs), they develop social capital in the form of bonding and bridging ties with these groups. The purpose of this study is to investigate the influence of these bonding and bridging behaviours on consumers’ use of the social network information (SNI) gained from SNSs in their purchasing decisions. The study integrates constructs from the Technology Acceptance Model and the concept of flow to examine how these behaviours influence consumers’ perceptions of how useful the SNI is, of how easy the SNI is to use, and how they engage with SNI. The study utilizes structural equation modelling to examine questionnaire data from a random sample of social network users. The findings demonstrate that bonding and bridging ties influence consumers’ perceptions of the usefulness and ease of use of the information provided by SNSs, and therefore influence their use of the information when making shopping decisions. In addition, consumers who access SNI through bonding ties are likely to have flow experiences which further contribute to their use of the information. This study makes a theoretical contribution by expanding knowledge of the social capital influences on consumers’ perceptions of the value of the social media shopping experience.     

Tracing the history of Japanese commerce and consumption from the Genki to the Heisei era

Commerce enables the flourishing of cities. This article reviews three books on the evolution of commercial activities in Japan; including, a samurai’s account, a foreign concession’s window, and the role of shopping in Modern Japan. Lust, Commerce, and Corruption discusses how various social groups’ commercial activities influenced societal developments from the Genki (1570–1573) to the Bunka era (1804–1818). Opening a Window to the West is unique in the author’s detailed characterizations of Kōbe’s mercantile activities and how merchants influenced the city’s urban development. Finally, Marketing and Consumption in Modern Japan provides systematic investigations of the evolution of commerce and consumption in Japan, mostly from the Meiji (1868–1912) to the present Heisei era (1989 onwards). Read together, these books provide vital perspectives on how commerce has changed in urban Japan over the last three centuries.     

Book Reviews

In-migrants played an important role within port-city merchant communities, but the contribution of German-born merchants to Liverpool's development in the nineteenth century has been largely ignored. This article has four interrelated objectives. First, it establishes the size and composition of the German merchant community in terms of the place of birth, occupational classification, length of residence, and relative wealth of German-born merchants. Secondly, it measures the degree of acculturation and integration based on a range of indicators including choice of bride, child- and house-naming practices, the employment of fellow nationals, and the acquisition of British citizenship. Thirdly, it analyses their role within Liverpool society, focusing on their involvement in the city's associational networks, their participation in voluntary and charitable associations, and their entertainment profile. Finally it assesses how the growth of German nationalism after 1871 and the institutional role of the German Protestant Church reinforced ethnic identity, influenced decisions relating to citizenship and settlement, and affected business networking.     

基于信任的移动社交电子商务购买意愿影响因素

近年来,越来越多的个体、商家加入移动社交网络平台开展电子商务活动,对网络零售产生了重要影响。但由于缺乏监管和行业规范的引导,消费者感知风险存在,影响消费者交易行为,且理论研究较少,也不能为此类电子商务模式的发展提供理论指导。信任是电子商务活动的基础,信任对消费者购买意愿产生直接影响,平台可用性、消费者内在特征和行为以及商家会直接或间接影响非移动社交电子商务模式消费者的购买意愿。而在移动社交电子商务中,由于其模式的独特性,以往影响消费者信任的因素已难以有效反映移动社交电子商务消费者的购买意愿。此外,商家通过社群与若干消费者建立不同程度的连接,需要研究连接中强弱关系对消费者购买意愿的影响程度。因此,基于移动社交电子商务的特点假设影响消费者信任和购买意愿的因素,即除系统质量、信息质量、产品质量、服务质量四个影响非移动社交电子商务消费者信任的因素外,还包括社群关系和网购认知这两个影响移动社交电子商务消费者信任的新因素,接下来假设上述因素对消费者感知信任和感知风险两个中介变量存在影响,并进一步影响消费者购买意愿,继而再通过构建结构方程模型进行实证分析。实证结果显示,系统质量、信息质量、产品质量、服务质量均不同程度正向影响消费者感知信任,负向影响感知风险,而社群强弱关系对购买意愿的影响与弱关系理论结论相反,网购认知对增强消费者感知信任作用明显,消除消费者感知风险是增强消费者信任的重要途径。     

Hedonic and utilitarian use of user-generated content on online shopping websites

The Internet has made it possible for consumers to share reviews, opinions, and thoughts about products and services on online shopping websites. This user-generated content (UGC), which can be considered to be part of social commerce, is likely to influence other consumers’ attitudes toward a product and subsequent purchase intentions. The purpose of this study was to investigate two major uses of UGC: hedonic and utilitarian, and how they impact purchase intentions, along with users’ trust for different types of comments and reviews. Also investigated are associations between hedonic use, utilitarian use, and trust, with purchase behavior at online shopping websites. Results of this study will add to the domain knowledge related to marketing and how it impacts consumer psychology and behavior. From a practitioner perspective, marketers need to understand the impact of UGC so they can monitor this method of marketing communication as it can impact trust and purchase intentions.     

什么样的评论更可信？心理模拟视角下在线评论类型对感知在线评论可信性的影响研究

在线评论及其可信性已成为消费者网购决策重要的依据。以往研究多关注在线评论自身属性对在线评论可信性的影响,忽视了消费者心理认知的作用。文章从消费者心理角度,结合爬虫数据和实验研究发现,消费者对搜索品属性型评论感知可信性更高,对体验品体验型评论感知可信性更高;心理模拟在感知在线评论可信性影响过程中具有中介作用,搜索品属性型评论通过结果模拟引发更高的感知评论可信性,体验品体验型评论则通过过程模拟引发更高的感知评论可信性。研究结论对网络购物平台及商家制定更精准的营销策略和评论管理机制有帮助。     

浙商与晋商的差异——从文化心理学角度分析

浙商和晋商作为历史上势力较大的两个地方商帮,虽然都以传统文化作为立身之本,但由于他们所处的历史背景和文化环境的差异使其在文化信仰、子女教育、惩戒机制方面呈现出不同的特点,文章拟从文化心理学的角度对浙商和晋商这三方面的差异的形成做出解释,并对浙、晋商文化的当代价值进行阐述。     

Checkout button and online consumer impulse-buying behavior in social commerce: A trust transfer perspective

To enhance social media users' shopping experiences, social media platforms launched an online shopping feature – the checkout button –allowing users to browse new products, examine items via multiple photos and videos, and purchase items without leaving the platform. Yet, few studies have examined the impacts of the ‘checkout button’ on social commerce users' perceptions and impulse-buying behaviors. Thus, this study seeks to investigate the impact of the ‘checkout button’ on consumers' trust and impulse-buying behavior based on the trust transfer theory, as well as how the impact will differ based on social factors and brand familiarity in social commerce. This study provides valuable insights into social commerce. Checkout within Instagram does not facilitate impulse-buying behavior, but brand familiarity and social factors influence consumer trust and impulse-buying intention. This indicates that well-known brands might be more suitable for social commerce. Furthermore, active social interaction is conducive to impulse-buying intentions in social commerce.     

Integrated consumer shopping decision model: A Japanese online supermarket context

Abstract

Online shopping is not a new marketing channel but has been growing tremendously throughout Japan. The rapid growth of Internet technology has enabled the Japanese to break away from their conservative culture and embark on different shopping experiences by shopping online. With the growing importance of online reviews to promote one’s business, Japanese online supermarkets are looking for ways to increase consumer-generated content. The purpose of this study is to investigate Japanese repeat online consumers and the antecedents that encourage them to review their shopping experiences, including the supermarket website they used and product availability in the online supermarket. It was found that online supermarkets must focus on establishing confidence with their repeat online consumers if they desire to increase the electronic word of mouth (e-WOM) of their online supermarket. Implications are discussed in relation to online supermarkets and repeat consumers’ intentions to review their online shopping experiences.     

How do customers meet their needs in in-store and online fashion shopping? A comparative study based on the jobs-to-be-done theory

Understanding customer needs is key for fashion retailers to stay competitive and innovative. Surprisingly, however, extant literature mainly explores customer needs in terms of a garment and its attributes rather than viewing shopping as a problem-solving process to meet customer needs. Moreover, these studies fail to address how customers meet their needs in-store (ISFR) and online fashion retailing (OFR). To fill this research gap, we empirically investigate customers' personal and social needs and how they can be met through the jobs-to-be-done theory. Findings reveal that, beyond the purchase of a garment, customer needs can be fulfilled through different ways, such as smart technology or a person's high interaction with social others in ISFR and the online shop experience or a social linkage without social interaction in OFR. Additionally, our findings offer potential service innovations for fashion retailing managers.     

Commerce,International Trade and Management Before the “Discovery” of Europe

Abstract

This paper examines the ancient management practices of Aztec merchants (1428-1519 A.D.) within the context of contemporary management thought. The article finds substantial evidence of Aztec merchant application of management within: (1) their role in the local economy; (2) their internal organization and administration; and (3) their use of business practices, culture and rituals. This paper concludes with a brief discussion of the decline of the Aztec merchant guild and the implications for modern business organizations.     

Drivers of local merchant loyalty: Understanding the influence of gender and shopping motives

The aim of this research is to gain a deeper understanding of local merchant loyalty. Gender theories and shopping motivation literature were used to hypothesize drivers of consumer local merchant loyalty. Survey data from a nationwide random sample of consumers was employed to test the hypotheses. Results indicate gender significantly influences shopping motives and shopping motivation differences influence local merchant loyalty. Academic and managerial implications are discussed.     

Picking Gifts for Picky People

Shoppers report that 39% of their holiday gift-purchases are for someone “picky.” However, despite the ubiquity of shopping for picky people, little research has examined how people choose gifts for picky people. In the present research, we define the “picky gift recipient” as someone perceived to have narrow and unpredictable preferences, and we show how shopping for someone picky alters gift giving behavior. We find that although gift giving norms prescribe that gift givers spend effort, time, and money on gifts to strengthen their social ties, an exception to this rule occurs when a gift recipient is picky. When shopping for someone picky, givers believe that increasing their resources on a gift will not result in greater recipient-satisfaction with the gift itself—a lay belief that ultimately demotivates givers, causing them to spend fewer resources on picky people (even picky friends). That said, we find that consumers are more willing to spend money on superficial gift-features for picky people, such as professional wrapping, to “dress up” their gifts. Based on this preference, we developed and tested a novel promotion strategy that retailers could implement to recoup some of the lost spending by consumers who are shopping for picky people. In all, this research contributes to the literature on gift giving dynamics, and provides insights more broadly into how shoppers negotiate the burden of shopping for someone whom they anticipate will not like their choice.     

In-home videotex shopping: potential adopters and non-adopters

This study was designed to identify potential adopters and non-adopters of videotex shopping. Data (n =205) were collected with a questionnaire following demonstration of a typical use of actual videotex shopping. As compared to non-adopters, potential adopters of videotex shopping were more likely to be social shoppers, price conscious, and were less likely to enjoy catalogue shopping. Potential adopters were also more likely to have prior awareness of videotex, a positive attitude towards merchants/service of videotex shopping and overall videotex services. However, they felt that current or demonstrated videotex shopping information was inadequate. In addition, differences existed between potential adopters and non-adopters in some demographics, videotex service needs and almost all videotex shopping merchandise needs.     

Spirituality and Performance in Organizations: A Literature Review

The purpose of this article is to review spirituality at work literature and to explore how spirituality improves employees’ performances and organizational effectiveness. The article reviews about 140 articles on workplace spirituality to review their findings on how spirituality supports organizational performance. Three different perspectives are introduced on how spirituality benefits employees and supports organizational performance based on the extant literature: (a) Spirituality enhances employee well-being and quality of life; (b) Spirituality provides employees a sense of purpose and meaning at work; (c) Spirituality provides employees a sense of interconnectedness and community. The article introduces potential benefits and caveats of bringing spirituality into the workplace; providing recommendations and suggestions for practitioners to incorporate spirituality positively in organizations.