• Title/Summary/Keyword: Online Daily Deals

Search Result 3, Processing Time 0.018 seconds

An Empirical Analysis on Long Tail Patterns with Online Daily Deals (소셜 커머스 시장의 롱테일 현상에 대한 실증 연구)

  • Jeon, Seongmin
    • The Journal of Society for e-Business Studies
    • /
    • v.19 no.1
    • /
    • pp.119-129
    • /
    • 2014
  • The renowned Pareto rule of 80/20 has been challenged in the electronic marketplace with the emergence of long tail economy. Mass customization on top of the Internet infrastructure is expected to explain these changes of product concentration. In this paper, we empirically analyzed the micro-transactional data of a Groupon-like daily deal web site to identify the changes of product and customer concentration. The results show the long tail pattern aligned with the previous research on the e-commerce literature on the long tail. We find that the notification setting on email or SMS about daily deal influences the patterns of sales concentration. The information through email and SMS is expected to enable consumers to know about daily bargains and purchase the coupons eventually. However, the email notification for niche products results in the decreased sales while the SMS notification for overall product promotes overall products.

Incorporation of Fuzzy Theory with Heavyweight Ontology and Its Application on Vague Information Retrieval for Decision Making

  • Bukhari, Ahmad C.;Kim, Yong-Gi
    • International Journal of Fuzzy Logic and Intelligent Systems
    • /
    • v.11 no.3
    • /
    • pp.171-177
    • /
    • 2011
  • The decision making process is based on accurate and timely available information. To obtain precise information from the internet is becoming more difficult due to the continuous increase in vagueness and uncertainty from online information resources. This also poses a problem for blind people who desire the full use from online resources available to other users for decision making in their daily life. Ontology is considered as one of the emerging technology of knowledge representation and information sharing today. Fuzzy logic is a very popular technique of artificial intelligence which deals with imprecision and uncertainty. The classical ontology can deal ideally with crisp data but cannot give sufficient support to handle the imprecise data or information. In this paper, we incorporate fuzzy logic with heavyweight ontology to solve the imprecise information extraction problem from heterogeneous misty sources. Fuzzy ontology consists of fuzzy rules, fuzzy classes and their properties with axioms. We use Fuzzy OWL plug-in of Protege to model the fuzzy ontology. A prototype is developed which is based on OWL-2 (Web Ontology Language-2), PAL (Protege Axiom Language), and fuzzy logic in order to examine the effectiveness of the proposed system.

Visit Push Motivation for a Trading Area and Flow, Satisfaction, and Revisit Intention (상권방문 추진동기와 몰입, 만족, 재방문 의도)

  • Lee, Soo-Duck;Lee, Yong-Ki
    • Journal of Distribution Science
    • /
    • v.16 no.9
    • /
    • pp.65-77
    • /
    • 2018
  • Purpose - A trading area is very closely related to consumer life. A trading area is a cultural and social space that consumes culture and promotes human relationships as well as an economic space where consumers live their daily lives. In this context, a trading area research should be conducted objectively and empirically because it deals with the activities of consumer's life. The purpose of this study is to identify the intrinsic psychological motivation(push motivation) caused when consumers visit a trading area and to demonstrate how the push motivation for a trading area influence on consumer's flow, satisfaction, revisit intention. Research design, data, and methodology - In order to develop research hypotheses for this study, the development procedures for push motivation scale are as follows; (1) generating initial pool of items based on previous studies, (2) expert judgement to evaluate content and face validity, and (3) assessing convergent and discriminant validity using confirmatory factor analysis. In order to achieve these purposes, online surveys were conducted on frequent or familiar visitors to the trading areas around the Gangnam, Kunkuk University and Hongik University Station. Among the 1,343 questionnaires collected, 1,157 cases were analyzed by using SPSS 22.0 and SmartPLS 3.0 statistical package program, except for 186 responses in which responses were judged to be unfaithful. Results - The push motivation was classified into five sub-dimensions of excitement/stimulus, rest/relaxation, exit/refreshing, knowledge/learning and human relationship promotion as multidimensional and complex factors composed of individual and social-related dimensions. The excitement/stimulus and human relationship promotion of push motivation have positive effects on satisfaction. However, all dimensions of the push motivation have positive effects on flow. And flow has a positive effect on satisfaction and revisit intention. Meanwhile, the mediation test using boostrapping shows that flow plays a full mediating role in the relationship between rest/relaxation, exit/refreshing, knowledge/learning and satisfaction, but a partial mediating rol e between excitement/stimulus, human relationship promotion and satisfaction. Finally, satisfaction plays a partial mediating role between flow and revisit intention. Conclusions - This study shows that the push motivation is multidimensional and compositive depending on the situation of a consumer. In addition, it is found that the human relationship promotion(a social-related motivation) has a much more important effect on flow and satisfaction than other push motivations of individual dimensions. It also shows that satisfaction increases when consumers are being flowed at their visit and degree of revisit intention also grows as satisfaction increases. As implications of this study, a marketer should try to understand consumer's visit motivation at first and then develop factors that increase their flow, satisfaction, revisit intention. It also requires a marketer to approach subjects on a trading area more objectively and empirically based on the psychology and behavior of consumers, in order to establish a proper and efficient strategy on development of a trading area.