Research on Pricing Models and Strategies of Online Group-Buying

In recent years, the Online Group-Buying has entered a state of development in full swing. The particularity of the OGB platform compared with the traditional market determines that its marketing and price setting model must be different from the traditional market. Based on the summary of domestic...

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Main Authors: Ding Qiuhua, Zhang Shixin
Format: Article
Language:English
Published: EDP Sciences 2021-01-01
Series:E3S Web of Conferences
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/27/e3sconf_ictees2021_01027.pdf
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author Ding Qiuhua
Zhang Shixin
author_facet Ding Qiuhua
Zhang Shixin
author_sort Ding Qiuhua
collection DOAJ
description In recent years, the Online Group-Buying has entered a state of development in full swing. The particularity of the OGB platform compared with the traditional market determines that its marketing and price setting model must be different from the traditional market. Based on the summary of domestic and foreign scholars’ literature on the pricing and strategy research of group buying business models, this article analyzes various factors affecting group buying prices. Under various assumptions, parameters and variables, through mathematical calculation and analysis, the optimal price and maximum profit for the healthy development of the enterprise are obtained, and how the merchants on the group buying website should adopt corresponding price-setting strategies and profit models to made some suggestions.
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spelling doaj.art-0f564b7fd21b41fc82fb5b4ccc5325d92022-12-21T22:10:03ZengEDP SciencesE3S Web of Conferences2267-12422021-01-012510102710.1051/e3sconf/202125101027e3sconf_ictees2021_01027Research on Pricing Models and Strategies of Online Group-BuyingDing Qiuhua0Zhang Shixin1Lanzhou University of TechnologyLanzhou University of TechnologyIn recent years, the Online Group-Buying has entered a state of development in full swing. The particularity of the OGB platform compared with the traditional market determines that its marketing and price setting model must be different from the traditional market. Based on the summary of domestic and foreign scholars’ literature on the pricing and strategy research of group buying business models, this article analyzes various factors affecting group buying prices. Under various assumptions, parameters and variables, through mathematical calculation and analysis, the optimal price and maximum profit for the healthy development of the enterprise are obtained, and how the merchants on the group buying website should adopt corresponding price-setting strategies and profit models to made some suggestions.https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/27/e3sconf_ictees2021_01027.pdf
spellingShingle Ding Qiuhua
Zhang Shixin
Research on Pricing Models and Strategies of Online Group-Buying
E3S Web of Conferences
title Research on Pricing Models and Strategies of Online Group-Buying
title_full Research on Pricing Models and Strategies of Online Group-Buying
title_fullStr Research on Pricing Models and Strategies of Online Group-Buying
title_full_unstemmed Research on Pricing Models and Strategies of Online Group-Buying
title_short Research on Pricing Models and Strategies of Online Group-Buying
title_sort research on pricing models and strategies of online group buying
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/27/e3sconf_ictees2021_01027.pdf
work_keys_str_mv AT dingqiuhua researchonpricingmodelsandstrategiesofonlinegroupbuying
AT zhangshixin researchonpricingmodelsandstrategiesofonlinegroupbuying