Group buying sites are gaining popularity because of their unique business model and discounted deals they offer on their websites. Major group buying sites in Australia are offering variety of goods and services to retain their position in the market and attract new customers. However, there is no clear indication about what factors influence customers’ intention to buy from group buying websites. In this paper, we present an analysis of group buying deals based on the primary data collected from 5 top-rated group buying websites in Australia. The results indicate that the discount rate and the product category have a positive impact on the total deals purchased from a specific group buying website. These findings provide useful insights regarding the important factors that can help improve the group buying website overall sales performance.
History
Start Page
1853
End Page
1865
Number of Pages
13
Start Date
2014-01-01
Finish Date
2014-01-01
ISBN-13
9780986041938
Location
Milan, Italy
Publisher
International Business Information Management Association (IBIMA)
Place of Publication
Norristown, PA, USA
Peer Reviewed
Yes
Open Access
No
External Author Affiliations
School of Engineering and Technology (2013- ); TBA Research Institute;
Era Eligible
Yes
Name of Conference
International Business Information Management Association Conference