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Multichannel Management
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Multichannel Management : A Normative Model Towards Optimality

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Book Details

Format Hardback or Cased Book
ISBN-10 3631594453
ISBN-13 9783631594452
Edition New
Publisher Peter Lang AG
Imprint Peter Lang AG
Country of Manufacture DE
Country of Publication GB
Publication Date Oct 31st, 2009
Print length 204 Pages
Weight 430 grams
Dimensions 15.50 x 27.90 x 1.70 cms
Product Classification: Production & quality control management
Ksh 10,650.00
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A company operating various sales channels, such as the Internet and a traditional shop, inevitably faces a tricky coordination problem. As prevalent approaches often do not lead to a satisfying solution, the author suggests a normative model to offer directions for the optimal channel coordination.
A company operating various sales channels, e.g. the Internet and a traditional shop, inevitably faces a tricky coordination problem. As prevalent approaches often do not lead to a satisfying solution, the author suggests a normative model to offer directions for the optimal channel coordination. The model is based on stochastic purchase and switching probabilities, given certain conditions like prices and supportive marketing activities (like delivery time or shop environment). A company can fit its consumer base to the model and simulate various effects on its earnings by altering prices or marketing activities. The model is a market-based playground to develop new holistic strategies for a multichannel company without affecting the market.

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