2006•Business Economics and AdministrationRequires access

An Initiative Mode of Group-Buying Online

Bei Wang

Open publisher page 1 citations

Abstract

With the development of E-commerce,many new business models for selling online have been created and group-buying is getting popular in particular.In this paper,we propose a new mode of group-buying online called initiative group-buying mode,in which retailers operate as organizers to initiate and manage group-buying transactions.Firstly,the operation mechanism,formation elements, services provided and support system in the initiative group-buying are introduced.Secondly,the advantages of initiative group-buying are characterized by comparing with the other two popular group-buying modes.At last,the technical supports,including B2CB2B Website,Customer Relationship Management(CRM),Supply Chain Management(SCM) and Distribution System are analyzed with their positive effects on group-buying online.The initiative group-buying can achieve tri-winners during the transaction.Because of this,this mode can be practical and effective.

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What this paper is about

With the development of E-commerce,many new business models for selling online have been created and group-buying is getting popular in particular.In this paper,we propose a new mode of group-buying online called initiative group-buying mode,in which retailers operate as organizers to initiate and manage group-buying transactions.Firstly,the operation mechanism,formation elements, services provided and support system in the initiative group-buying are introduced.Secondly,the advantages of initiative group-buying are characterized by comparing with the other two popular group-buying modes.At last,the technical supports,including B2CB2B Website,Customer Relationship Management(CRM),Supply Chain Management(SCM) and Distribution System are analyzed with their positive effects on group-buying online.The initiative group-buying can achieve tri-winners during the transaction.Because of this,this mode can be practical and effective.

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Available abstract

With the development of E-commerce,many new business models for selling online have been created and group-buying is getting popular in particular.In this paper,we propose a new mode of group-buying online called initiative group-buying mode,in which retailers operate as organizers to initiate and manage group-buying transactions.Firstly,the operation mechanism,formation elements, services provided and support system in the initiative group-buying are introduced.Secondly,the advantages of initiative group-buying are characterized by comparing with the other two popular group-buying modes.At last,the technical supports,including B2CB2B Website,Customer Relationship Management(CRM),Supply Chain Management(SCM) and Distribution System are analyzed with their positive effects on group-buying online.The initiative group-buying can achieve tri-winners during the transaction.Because of this,this mode can be practical and effective.

Key concepts: Group buying, Business, Mode (computer interface), Database transaction, Group (periodic table), Marketing, Customer relationship management, Advertising

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