Power to the (shopping) people!
- Author(s)
- Andreas Mladenow, Christine Bauer, Christine Strauss
- Abstract
Information and communication technologies (ICT) are enablers for cooperative and collective online shopping. This novel phenomenon is also known under the terms “group buying” and “collective buying” and can be found in business-to-business (B2B) contexts as well as in business-to-consumer (B2C) shopping transactions. We investigate recent developments re-garding enablers and inhibitors of ICT-based group buying models in various markets. In this paper, we perform a thorough analysis of group buying models with the intent to explain the evolution, developments, and changes of online group shopping variants. We provide an overview of approaches and derived variants of the online group buying model highlighted with selected real-world application examples. A detailed SWOT analysis (strengths, weaknesses, opportunities, and threats) for each of the two dominant approaches (top-down and bottom-up) represents the core contribution of the paper and may build the basis for the development and improvement of future business models in the field.
- Organisation(s)
- Department of Accounting, Innovation and Strategy
- External organisation(s)
- Universität zu Köln
- Pages
- 203-213
- No. of pages
- 11
- DOI
- https://doi.org/10.1007/978-3-319-38974-5_16
- Publication date
- 06-2016
- Peer reviewed
- Yes
- Austrian Fields of Science 2012
- 502052 Business administration, 502050 Business informatics, 502007 E-commerce
- Keywords
- ASJC Scopus subject areas
- Information Systems and Management, Information Systems, Management of Technology and Innovation, Management Information Systems, Computer Science Applications
- Portal url
- https://ucrisportal.univie.ac.at/en/publications/power-to-the-shopping-people(f6099ad7-6f8e-4e57-9bfa-dc12edd73646).html