The impact of a new online channel: An empirical study

被引:23
|
作者
Lu, Qiang [1 ]
Yang, Yupin [2 ]
Yuksel, Ulku [1 ]
机构
[1] Univ Sydney, Sydney, NSW 2006, Australia
[2] Simon Fraser Univ, Burnaby, BC V5A 1S6, Canada
关键词
Direct online channel; Intermediary; Competitive advantage; Distribution channel; Pricing; Multichannel management; PRICE DISPERSION; INFORMATION SEARCH; CONSUMER INFORMATION; COMPETITIVE PRICE; TRAVEL; INTERNET; MODEL; HOTELS; FUTURE; PERFORMANCE;
D O I
10.1016/j.annals.2015.06.006
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper investigates the impact of adding a direct online channel on a firm and its intermediaries. We develop a set of testable hypotheses and then empirically test them on a longitudinal transaction dataset from the hospitality industry. Our results show that the introduction of a direct online channel significantly reduces the price premium charged by intermediaries, and the impact varies across consumer segments and product markets. More interestingly, we find that, after the adoption of a direct online channel: (1) the intermediaries are not necessarily worse off; (2) price dispersion increases for products sold through both intermediaries and direct channels; and (3) the price dispersion increase is higher for products sold by intermediaries. (C) 2015 Elsevier Ltd. All rights reserved.
引用
收藏
页码:136 / 155
页数:20
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