期刊
INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS
卷 144, 期 2, 页码 451-460出版社
ELSEVIER SCIENCE BV
DOI: 10.1016/j.ijpe.2013.03.013
关键词
Supply chain management; Product returns; Online selling; Product quality; Pricing decision
资金
- Fundamental Research Funds for the Central Universities [NKZXZD1103]
- MOE Project of Key Research Institute of Humanities and Social Sciences at Universities [12JJD630004]
In online direct selling, a customer will not experience the product when making the purchase decision. Concerns about product quality and the return policy may prevent the customer from buying the product. In this paper, we develop several theoretical models to examine the impact of online distributor's return policy, product quality and pricing strategy on the customer's purchase and the return decisions. We categorize customers based on their purchase and return behaviors and discriminate distributors based on whether they position their strategy as cost- or price-driven. We find that decisions about the return policy are mutual and complementary with product quality and pricing strategies. In addition, we study direct distributor's pricing strategy, the return policy and the quality policy in four scenarios. The scenarios include situations where customer's demand is sensitive to price or the return policy, as well as where return is sensitive to the return policy or quality. Further, a special case with full refund is analyzed. Finally, we provide a numerical example to simulate the effects of demand sensitivity and return sensitivity on distributor's decisions and profits. (C) 2013 Elsevier B.V. All rights reserved.
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