TY - JOUR
T1 - Unveiling insights from online shopping carnivals
T2 - A pre-vs-post analysis
AU - Tian, Xin
AU - Zhu, Jiayi
AU - Zhao, Xuan
AU - Zhou, Xiaoyang
N1 - Publisher Copyright:
© 2023 Elsevier Ltd
PY - 2024/5
Y1 - 2024/5
N2 - Online shopping carnivals (OSCs) like Double Eleven in China and Cyber Monday in North America have experienced remarkable sales growth. This study examines the benefits and challenges that online shopping carnivals bring to e-retailers as success metrics evolve. Based on the pre- and post-promotion dip theory, we investigate whether the surge in demand during online shopping carnivals is borrowed from preceding or subsequent periods. Our dataset contains information regarding consumer browsing and purchasing behaviors in an online B2C pharmaceutical retailer. Main findings from our analysis of China's Double Eleven, a super-sized online shopping carnival, confirm the existence of pre- and post-promotion dips conversion rates, while there are no significant cumulative adverse impacts on sales and orders before and after OSC. This outcome effectively alleviates concerns that OSCs could create operational challenges for retailers. We observe that the pre- and post-promotion dip effect manifests in changes in consumers' visiting behavior, including visit depth, visit length, and bounce rate. Exploratory analyses encompass the impact of online shopping carnivals on product returns, shifts in consumer groups, and the moderating influence of the shopping channel. We analyze the disparities in visit behavior between the PC and mobile channels and offer insights for channel-specific promotional strategies.
AB - Online shopping carnivals (OSCs) like Double Eleven in China and Cyber Monday in North America have experienced remarkable sales growth. This study examines the benefits and challenges that online shopping carnivals bring to e-retailers as success metrics evolve. Based on the pre- and post-promotion dip theory, we investigate whether the surge in demand during online shopping carnivals is borrowed from preceding or subsequent periods. Our dataset contains information regarding consumer browsing and purchasing behaviors in an online B2C pharmaceutical retailer. Main findings from our analysis of China's Double Eleven, a super-sized online shopping carnival, confirm the existence of pre- and post-promotion dips conversion rates, while there are no significant cumulative adverse impacts on sales and orders before and after OSC. This outcome effectively alleviates concerns that OSCs could create operational challenges for retailers. We observe that the pre- and post-promotion dip effect manifests in changes in consumers' visiting behavior, including visit depth, visit length, and bounce rate. Exploratory analyses encompass the impact of online shopping carnivals on product returns, shifts in consumer groups, and the moderating influence of the shopping channel. We analyze the disparities in visit behavior between the PC and mobile channels and offer insights for channel-specific promotional strategies.
KW - E-commerce
KW - Online shopping carnival
KW - Visit behavior
UR - https://www.scopus.com/pages/publications/85181910508
U2 - 10.1016/j.jretconser.2023.103661
DO - 10.1016/j.jretconser.2023.103661
M3 - 文章
AN - SCOPUS:85181910508
SN - 0969-6989
VL - 78
JO - Journal of Retailing and Consumer Services
JF - Journal of Retailing and Consumer Services
M1 - 103661
ER -