The Impact of Price Comparison Service on Pricing Strategy in a Dual-Channel Supply Chain
Joint Authors
Source
Mathematical Problems in Engineering
Issue
Vol. 2013, Issue 2013 (31 Dec. 2013), pp.1-13, 13 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2013-10-29
Country of Publication
Egypt
No. of Pages
13
Main Subjects
Abstract EN
Recently, price comparison service (PCS) websites are more and more popular due to its features in facilitating transparent price and promoting rational purchase decision.
Motivated by the industrial practices, in this study, we examine the pricing strategies of retailers and supplier in a dual-channel supply chain influenced by the signals of PCS.
We categorize and discuss three situations according to the signal availability of PCS, under which the optimal pricing strategies are derived.
Finally, we conduct a numerical study and find that in fact the retailers and supplier are all more willing to avoid the existence of PCS with the objective of profit maximization.
When both of retailers are affected by the PCS, the supplier is more willing to reduce the availability of price information.
Important managerial insights are discussed.
American Psychological Association (APA)
Xu, Qi& Liu, Zheng& Shen, Bin. 2013. The Impact of Price Comparison Service on Pricing Strategy in a Dual-Channel Supply Chain. Mathematical Problems in Engineering،Vol. 2013, no. 2013, pp.1-13.
https://search.emarefa.net/detail/BIM-1010093
Modern Language Association (MLA)
Xu, Qi…[et al.]. The Impact of Price Comparison Service on Pricing Strategy in a Dual-Channel Supply Chain. Mathematical Problems in Engineering No. 2013 (2013), pp.1-13.
https://search.emarefa.net/detail/BIM-1010093
American Medical Association (AMA)
Xu, Qi& Liu, Zheng& Shen, Bin. The Impact of Price Comparison Service on Pricing Strategy in a Dual-Channel Supply Chain. Mathematical Problems in Engineering. 2013. Vol. 2013, no. 2013, pp.1-13.
https://search.emarefa.net/detail/BIM-1010093
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1010093