Optimization of Dynamic Product Offerings on Online Marketplaces: A Network Theory Perspective
成果类型:
Article
署名作者:
Zuo, Meihua; Angelopoulos, Spyros; Ou, Carol Xiaojuan; Liu, Hongwei; Liang, Zhouyang
署名单位:
Huizhou University; Durham University; Tilburg University; Guangdong University of Technology; Guangdong University of Technology
刊物名称:
JOURNAL OF MANAGEMENT INFORMATION SYSTEMS
ISSN/ISSBN:
0742-1222
DOI:
10.1080/07421222.2023.2267314
发表日期:
2023
页码:
1328-1357
关键词:
information-technology
asymmetric competition
social networks
line length
web site
search
BEHAVIOR
centrality
variety
IMPACT
摘要:
The fierce competition among brands on online marketplaces makes the optimization of offerings within this context a significant challenge. To address this challenge, we draw upon network theory and model the degree of competition through consumers' consideration sets. We use a large empirical dataset from one of the biggest online marketplaces to explore the dynamic relationship between network position and the degree of competition, and we depict the redistribution of market share of related offerings after adjusting their array. In doing so, we provide a theoretical reference on when and how brands should optimize their product offerings on online marketplaces. We further demonstrate that intra-brand cannibalization relations have a significantly greater impact on the degree of competition compared to inter-brand ones, while intra-brand cannibalization relations represent the main reason for fluctuations in the degree of competition. Hence, contrary to existing theoretical insights and practical intuitions, our findings demonstrate that brands should minimize the number and heterogeneity of their offerings within a market segment to increase their sales on online marketplaces.