Exploring price tolerance in online retail: A comparative analysis of price comparison website use and repeat purchases

被引:1
|
作者
Berends, Jan [1 ]
Gerpott, Torsten J. [1 ]
机构
[1] Univ Duisburg Essen, Chair Corp & Technol Planning Mercator Sch Managem, Lotharstr 65, D-47057 Duisburg, Germany
关键词
Customer relationship; E-commerce; Online retailing; Price comparison websites; Price tolerance; Repeat purchase behavior; CUSTOMER LOYALTY; SEARCH COSTS; ALTERNATIVE ATTRACTIVENESS; EMPIRICAL-ANALYSIS; SWITCHING COSTS; BRAND LOYALTY; E-COMMERCE; SATISFACTION; BEHAVIOR; ANTECEDENTS;
D O I
10.1007/s10660-023-09791-5
中图分类号
F [经济];
学科分类号
02 ;
摘要
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.
引用
收藏
页数:21
相关论文
共 9 条
  • [1] REVIEW AND COMPARATIVE ANALYSIS OF RETAIL GROCERY PRICE VARIATIONS
    PARKER, AJ
    [J]. ENVIRONMENT AND PLANNING A, 1979, 11 (11) : 1267 - 1288
  • [2] Key Factors Influencing Retail Pharmaceutical Price: A Qualitative Comparative Analysis
    Shen Hongtao
    Liang Xuefeng
    Chen Peiyou
    [J]. PROCEEDINGS OF 2014 INTERNATIONAL CONFERENCE ON PUBLIC ADMINISTRATION (10TH), VOL II, 2014, : 469 - 479
  • [3] An Analysis on Price Dispersion in Online Retail Market Based on the Different of the Product Levels
    Chen, Xiangbing
    Sun, Yuzhi
    [J]. 3RD INTERNATIONAL CONFERENCE ON MATERIALS SCIENCE AND MECHANICAL ENGINEERING, (ICMSME 2016), 2016, : 176 - 179
  • [4] Off-price versus price-off Use of discriminant analysis to identify competitive differences across retail formats
    Hess, Ronald, Jr.
    Ring, Lawrence
    [J]. INTERNATIONAL JOURNAL OF RETAIL & DISTRIBUTION MANAGEMENT, 2014, 42 (10) : 902 - +
  • [5] DEVELOPMENT OF FOREST CHIPS USE AND PRICE IN THE NORDIC COUNTRIES: A COMPARATIVE ANALYSIS
    Ranta, T.
    Olsson, O.
    Stelte, W.
    Tromborg, E.
    [J]. PAPERS OF THE 25TH EUROPEAN BIOMASS CONFERENCE, 2017, : 1617 - 1626
  • [6] Evaluation of Health Plan Member Use of an Online Prescription Drug Price Comparison Tool
    Carroll, Norman V.
    Mitchell, Matthew P.
    Cannon, H. Eric
    York, Bryan W.
    Oscar, Robert S.
    [J]. JOURNAL OF MANAGED CARE PHARMACY, 2010, 16 (09): : 680 - 692
  • [7] REMOVING BARRIERS TO MEDICATION NON-COMPLIANCE: PATIENTS' USE OF A DRUG PRICE COMPARISON WEBSITE TO REDUCE COSTS AND IMPROVE ADHERENCE
    Orrange, S.
    Ivanova, M.
    Sambasivam, S.
    [J]. JOURNAL OF INVESTIGATIVE MEDICINE, 2016, 64 (01) : 272 - 273
  • [8] Exploring online advocacy mechanisms through self-presentation: a comparative analysis between e-commerce website customers
    Shaukat, Haroon
    Elgammal, Islam
    Khan, Mukaram Ali
    Selem, Kareem M.
    [J]. MARKETING INTELLIGENCE & PLANNING, 2024,
  • [9] Exploring customer satisfaction in Great Britain's retail energy sector Part I: The comparative use of Trustpilot online reviews in four sectors
    Littlechild, Stephen
    [J]. UTILITIES POLICY, 2021, 73