Université de St-Gall - Schools of Management

The Virtual Opening of the Value Chain : A Conceptual Model of Customer-firm Interaction on the Internet

Description: 

Service and Innovation Processes on the Internet in a Customer-Firm Relationship Framework

This project analyses service and innovation processes on the Internet, capable of generating implicit knowledge in a value network of collaborating actors. Although the impacts of the Internet on data exchange in the form of explicit knowledge are clearly visible, explorations of the Internet's influence as an integral "knowledge technology" remain in its infancy. Whereas current co-creation applications on the Internet center mainly on mutual production issues, the service aspects of customer relationships become increasingly important (Rust and Lemon 2001). A myopic concentration on single Internet features tends to overwhelm a process view of activities, which is necessary to create sustainable value (Porter 1996). As Normann and Ramírez (1993) note, "the secret" of a company's value inheres in the "fit of knowledge and relationships." That is, relational aspects play a major role in the innovation and exploitation success of a company (Dyer and Singh 1998). This project attempts to foster a deeper understanding of the role of the Internet in different types of service and innovation processes within a framework of customer-firm interactions. A cross-case study reveals that operant resources on the Internet build around the buying process of the customer while also drawing a circle through the value chain. The architecture of the value chain changes from a single-directed stream to a loop of knowledge exchange that includes almost every vertical stage. Firms cannot assign customer input to a certain functionality but rather must decipher it through interdisciplinary approaches that involve the cooperation of multiple areas.

Cross-Channel Management 2011 in Deutschland und in der Schweiz

Description: 

Kunden wechseln immer häufiger zwischen mehreren Informationens- und Einkaufskanälen. Der Trend von der kanaltreuen zur multioptionalen Nutzung verändert den Handel und rückt das Cross-Channel Management (CCM) in den Fokus. Die Initiativen von Unternehmen mit mehreren Kanälen gewinnen gegenüber reinen Online-Händlern immer stärker an Bedeutung, weil sie geschickt mehrere Einkaufswelten miteinander vernetzen. Anhand von empirischen Ergebnissen und Beispielen bringen wir mehr Transparenz in diese komplexe Management-Aufgabe. Wie wird Cross-Channel Management von Kunden in Deutschland und in der Schweiz wahrgenommen und welchen Einfluss hat CCM auf den Erfolg eines Unternehmens?

Ware Sehnsucht

Should Retailers Integrate Assortments Across Channels to Drive Customer Loyalty?

Description: 

Building on the concept of diagnosticity, this study investigates through which
mechanisms and in which conditions channel assortment integration influences
customer loyalty. Results of a 3 (channel structure: full, asymmetrical, none) x 3
(assortment structure: substitutive, complementary, independent) experimental study with 959 participants show that structures are regarded as diagnostic by customers, in that they infer potential benefits from these cues, which mediate the link between structures and loyalty. Whereas full integration enhances loyalty across all assortment structures, asymmetrical integration can have detrimental effects, in particular, for substitutive relations and for customers' high on personal need for structure. Researchers and managers can use our findings to understand the effectiveness of the diverse approaches of channel integration.

Emrich, Oliver, Michael Paul, and Thomas Rudolph (2014): "Should Retailers Integrate Assortments Across Channels to Drive Customer Loyalty?" , Valencia, Spain.

Shopping Benefits of Multichannel Assortment Integration and the Moderating Role of Retailer Type

Description: 

To what extent should multichannel retailers integrate assortments across channels? Previous literature controversially discusses the question of which integration strategy is most successful but arguments are only conceptual, and no empirical assessment exists. This article presents a framework that (a) shows how customers' perceived shopping benefits of variety, convenience, and reduced risk mediate the impact of multichannel assortment integration (full, asymmetrical, no) on patronage intentions and (b) differentiates the impact for retailer types based on substitutive, complementary, and independent assortment relations. Two large-scale experimental studies empirically investigate whether a dominant integration strategy exists in the context of full and simultaneous information (Study 1) and more uncertain and subsequent information accessibility (Study 2). We consistently find that full integration dominates no integration across assortment relations, but asymmetrical integration-the strategy that is most often realized by multichannel retailers-can have a detrimental impact for substitutive relations compared with no integration. Asymmetrical integration can be more beneficial than full integration for independent relations, while customer outcomes differ less for complementary relations. Researchers and managers can use our findings to understand how shopping benefits of variety, convenience, and reduced risk explain the different customer outcomes of multichannel assortment integration, depending on retailer type.

The Impact of Multichannel Integration on Choice

Description: 

Customer choice in retailing increasingly takes place in multichannel
settings. Channel integration, that is, how consistent multiple channels of the same
company are in terms of retail mix elements (e.g. price, assortment), receives rising attention in research and practice. In this article, we investigate the effects of multichannel assortment integration on customer choice. Further, we research the moderating impact of assortment relations as well as customer characteristics. We test our hypothesis in a 3 x 3 role-playing experiment using a nationwide representative sample of 959 customers. We find that multichannel assortment integration positively influences customers' perceived choice, exploration, and choice confidence. We also unveil that different interactions between channel assortment integration and assortment relations are at work for each choice construct. The effectiveness of channel assortment integration further depends on customers' personal need for structure and their level of involvement. Our results underscore the need for retailers to consider offering consistent assortments across channels. This is especially important, given that 70% of retailers have not fully integrated their channels. The paper closes with implications for multichannel managers and researchers.

Kaufhaus statt Flohmarkt. Handel über eBay Express

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