• Title/Summary/Keyword: Sold-out

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Out-of-Stock versus Sold-Out: Consumers' Cognitive Processes Triggered by Unavailability Marks in Online Shopping Malls

  • Cheul Rhee;Wooseok Park
    • Asia pacific journal of information systems
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    • v.30 no.2
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    • pp.439-456
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    • 2020
  • In online shopping, "out-of-stock" and "sold-out" are used to indicate product unavailability, and this unavailability and its effects on consumers' behaviors have been studied with great interest for practical purposes. However, few studies have specifically discussed out-of-stock and sold-out products in the same paper. We hypothesized that consumers might cognitively interpret items marked out-of-stock and sold-out differently, and in this paper, we studied these potential differences from the perspectives of consumers' emotions, behaviors, and loyalty based on the stimulus-organism-response framework. In order to explore the differences, we used a multi-method approach that consisted of experiments, surveys, and interviews. Specifically, we built an experimental website on which the same products were categorized as either out-of-stock or sold-out, and we measured the participants' emotions, attitudes, and intentions after the experiment. After two weeks, we conducted interviews to confirm our results and to learn more about consumers' everyday behavior. In the results, males and females demonstrated differences in emotion, behaviors, and loyalty with the interaction effects of an item's being marked out-of-stock versus sold-out. We found that the consumers demonstrated different levels of loyalty based on whether the item was marked out-of-stock or sold-out. We discuss the strategic implications of our findings.

The Effect of Cognitive Response on Behavioral Response of Consumers to Sold Out Products On-line Shopping Malls (인터넷 쇼핑몰 품절 경험 후 인지적 반응이 행동적 반응에 미치는 영향)

  • Kim, Joo Hyun;Lee, Jin Hwa
    • Journal of the Korean Society of Costume
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    • v.66 no.4
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    • pp.32-44
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    • 2016
  • The purpose of this study is to examine the cognitive responses and the corresponding behavior responses of consumers who have experiences in not being able to buy a product in an online shopping mall due to it being sold-out. Responses were gathered from 526 consumers between the ages of 20 to 40 years residing in a metropolitan area. Each person surveyed had experienced a situation in which a product that they wanted to purchase from an online shopping mall was sold-out. SPSS 18.0 was used to perform frequency analysis, factor analysis, reliability analysis, and regression analysis. The first set of results of this study showed positive responses of quality, discernment, scarcity, but also negative cognitive responses of careless management, manipulation of shopping mall management, and common taste. In negative cognitive responses, sold-out situations caused consumers inconvenience. The second set of results revealed that quality, discernment, and careless management had a significant effect on product replacement (Substitute, S); likewise, factors such as quality, discernment, careless management, manipulation by shopping mall designers, and common taste had a significant effect on the delay of purchasing decisions (Delay, D). Scarcity, careless management, manipulation by shopping mall designers, and common taste also demonstrated significant influence on the incomplete leaving of stores (Incomplete Leave, L1), while discernment, scarcity, careless management, manipulation by shopping mall designers, and common taste had a significant influence on the complete leaving of stores (Complete Leave, L2). Previous studies have examined the behavioral response topics of substitute, delay, and leave. These study results suggest that product sellouts at online shopping malls did not have a solely negative effect on consumers. It actually had a positive effect in terms of discernment, scarcity, and the perception of quality of sold-out products. Furthermore, both positive and negative cognitive responses had various effects on behavioral responses.

Qualitative Study on the Response of Consumers Experiencing Products' Being Sold Out on the Internet Shopping Malls (인터넷 쇼핑몰 품절상황에서 경험하는 소비자의 반응에 관한 질적 연구)

  • Kim, Joo Hyun;Lee, Jin Hwa
    • Journal of the Korean Society of Costume
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    • v.65 no.5
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    • pp.74-87
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    • 2015
  • It is common for popular products to sell out, and be out of stock. The purpose of this study is to examine the responses of consumers who have experiences of shopping online, and finding their desired products unavailable from being sold out. In order to carry out the study, in-depth interviews were conducted with ten recruits who were recruited from the Internet community, Soul Dresser, which is part of the Korean web portal, Daum. First, the cognitive reaction of the interviewees showed both positive and negative responses when they found out that their desired product was sold out. However, in the case of emotional reaction, all of them showed negative reactions. Observations showed that consumers researched and found similar products including price when they realized that their desired products were not going to be re-stocked. And in cases of similar products not being available, the consumers looked to buy other types of products such as bags, shoes, and other accessories.

The Seasonal Distribution Characteristics of Watermass and Fishery Creatures in the Adjacent Sea of Naro Island (나로도 주변해역의 수괴 및 어업생물의 계절별 분포특성)

  • PARK, Ju-Sam
    • Journal of Fisheries and Marine Sciences Education
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    • v.17 no.1
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    • pp.132-143
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    • 2005
  • In order to investigate the seasonal variation of watermass and fishery creatures in the adjacent sea of Naro Island, an oceanographic observation was carried out seasonally on the fishing grounds, and the sales performance data of the fisheries cooperative's joint market of Naro Island was examined by using a principal component analysis. The temperature and salinity ranged from 8.1 $^{\circ}C$ to 13.7 $^{\circ}C$ and from 33.1 psu to 34.3 psu in spring, from 14.5 $^{\circ}C$ to 24.2 $^{\circ}C$ and from 30.5 psu to 34.1 psu in summer, from 14.8 $^{\circ}C$ to 18.6 $^{\circ}C$ and from 30.1 psu to 34.0 psu in autumn, and from 4.3 $^{\circ}C$ to 10.1 $^{\circ}C$ and from 33.1 psu to 34.9 psu in winter, respectively. In winter and spring, the offshore water spread out to all sea areas of all water layers. In summer, the mixed waters covered the entire sea surface whereas the mixed water and offshore water covered the bottom. In autumn, the coastal water and mixed water appeared on the surface, but the mixed water was distributed widely on the bottom and the offshore water began to appear in the open sea. For two years from 2002 to 2003, 58 fishery creature species in total were sold in the fisheries cooperative's joint market of Naro Island. In general, the total of 50% fish were sold, and crustacea and mollusc by each 25%. Medium shrimp, whiparm octopus, blue crab, and octopus predominated. A number of species and biomass of fishery creatures were sold mostly in April and May, while they were sold the least in January and February. The seasonal sales results showed that mullet, angler, short necked clam, large shrimp, and webfoot octopus were sold mainly in spring, tonguefish, flathead, pomfret, glass eel, blue crab, whiparm octopus, and squid were sold mainly in summer, and octopus, medium shrimp, and spanish mackerel were sold mainly in autumn.

A Study on the General and Nutritional Information of Children's Preference Foods Sold in the Middle.High School Stores (중.고등학교 내 매점에서 판매되는 어린이 기호식품의 현황 및 영양정보에 관한 연구)

  • Lee, Sim-Yeol;Lee, Seung-Sin;Kim, Gyoung-Mi;Kim, Soo-Chang
    • Korean Journal of Community Nutrition
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    • v.17 no.3
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    • pp.302-311
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    • 2012
  • The purpose of this study was to provide preliminary data for better safety control over children's preference foods sold in school stores. The survey was conducted from June to July 2009, to collect 749 types of children's preference foods sold in 150 middle and high school stores nation-wide excluding Jeju Island and general and nutrition information were analyzed. Out of 749 types of snack food items, 689 and 602 snacks were sold at high school and middle school stores respectively. Among children's preference foods, cookies, bread, and ice-cream were the main items. Among them, 98% of snacks were domestic products and the price range of each individual snacks were mostly between 600 and 900 won. 27.8% of children's preference foods sold were found to be in the high calorie/low nutrition food group. Even though the proportion of candy and fruit/vegetable beverages sold were not high, their proportion in high calorie/low nutrition snack group were higher than 68.1%. Among the children's preference foods sold in middle and high school stores, carbonated drinks and ramen were continuously sold in certain middle and high schools, even though sales were prohibited. This study concludes that government, corporations and retailers should work together in developing healthier children's snack distribution environment. In addition, dairy products, which take up 15% of children's preference food, should be diversified to meet their nutrient requirements.

A Study on the Korean Native Woody Plants of Trees in the North American Landscape (한국자생으로서 미국 및 카나다에서 재배되고 있는 조경수목(교목) 에 관한 연구)

  • 심경구;서병기
    • Journal of the Korean Institute of Landscape Architecture
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    • v.22 no.4
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    • pp.95-117
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    • 1995
  • This study was carried out to investigate Korean native trees in the America landscape through arboretums, the plant inventory of America, computer files for accessions from Korea, source lists of plants and seeds, and seed and plant nursery company. The results were as follows; 1. Korean native trees introduced in America and Canada were 119 species, 116 species were being cultivated in arbrids were being sold in nurseries, new cultivars were selected from 32 species, and hybrids were bred from 5 species. 2. Abies koreana, Malus baccata, and Stewartia koreana were being cultivated in many arboretums and sold in many nurseries. Also there were new hybrids as well as new cultivars. 3. 25 species including Albizzia julibrissin were being cultivated in many arboretums and sold in many nurseries. Also there were new hybrids. 4. Ilex integra and Ilex rotunda were being cultivated in many arboretums and sold in many nurseries. There were no new cultivars, but there were new hybrids. 5. 44 species including Abies holophylla were being cultivated in many arboretums and sold in many nurseries. There were no new cultivars or hybrids. 6. Populus tremula var. davidiana was being cultivated in many arboretums. There were new cultivars of 'Erecta', 'Gigas', 'Pendula', but no new hybrids. They were not sold by any nurseries. 7. 41 species including Abies nephrolepsis were being cultivated in many arboretums. But they were not sold by any nurseries. They didn't have any new cultivars or hybrids. 8. Diospyros kaki 'Kyungsan Bansi', Elaeocarpus sylvestris var. ellipticus, and Pyrus serotina 'Dankae' were not being cultivated in arboretums in America but some nurseries were selling those species as well as new cultivars. 9. Only 3 species (Berchemia berchemiaefolia, Carpinus eximia, and Chionanthus retusus var. coreana which are native Korean plants) were not introduced in America or Canada.

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A Discount Policy for Perishable Items Sold from Two Shops (유통기한이 있는 제품의 할인정책에 관한 연구)

  • Lee, Ga-Ram;Oh, Yong-Hui;Hwang, Hark
    • Journal of the Korean Operations Research and Management Science Society
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    • v.33 no.2
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    • pp.137-151
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    • 2008
  • This paper deals with two shops dealing with single perishable product the fresh items are sold at a list price in the primary shop and the unsold items that have reached a certain allowed age are transferred to the secondary shop to be sold at a discounted price. It is assumed that the demand rates in two shops are Independent each other and can be expressed as a function of inventory level and price. With the objective of maximizing the profit under a Last-In-first-Out. (LIFO) issuing policy, we develop mathematical models for the following two cases : (1) opening primary shop only and (2) opening both primary shop and secondary shop. There are three decision variables, i.e., the reduced price in the secondary shop, the allowed age at the primary shop, and the order quantities at the primary shop. A solution procedure is developed based on tabu search and its validity is illustrated through a comparative study.

A Study on Contamination of Fish Sold at Wholesale Market in Seoul Area -Material Collected from Seoul Karak Fish Market- (겨울철에 시판되는 어패류에 있어서의 E. coli와 Coliform에 관한 연구 -서울시 가락동 농수산물시장을 중심으로-)

  • 노병의;빈성오;김성원
    • Journal of Food Hygiene and Safety
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    • v.12 no.4
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    • pp.294-299
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    • 1997
  • A study was conducted to determine contamination status of fish sold at wholesale market in Seoul. A total of 79 samples (35 different kindry fish) were collected from the wholesale market. E. coli and coliform group bacteria were cultured and tested for sensitivity against antibiotics. The results are summarized as follows; 1. E. coli was isolated from 23 out of 79 samples (29.1%), and coliform groups from 53 out of 79 (67.1%). 2. Of coliform group, Citrobacter freundii was the most common and Enterobacter clacae was the next. 3.23 E. coli strains isolated from fishes were resistant to Oxacillin, Erythromycin and Lincomycin, meanwhile 23 E. coli strains were sensitive to Cefoperazone, Ceftazidime, Imipenem, and Ciprofloxacin.

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A Study on Improvement of Horseback Riding Pants I

  • Kwon, Sookhee
    • Fashion & Textile Research Journal
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    • v.18 no.3
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    • pp.374-379
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    • 2016
  • This study has investigated improvement points of existing products by analyzing problems of horseback riding pants sold in market and by investigating wearing feeling of horseback riders. The purpose of this study is to suggest horseback riding pants which fit to body types of Korean adult women and also have improved functionality by reflecting findings of the study. The contents of this study is believed to suggest useful results on improvement of horseback riding pants sold in market; (1) By visiting hands-on experiencing horseback riding facilities, questionnaire investigation was carried out and we find problems of existing horseback riding pants. (2) Materials, designs and patterns of products sold in market are analyzed for improvement of horse-riding pants appropriate for Korean adult women body types. (3) Based on the results of previous analysis, this study was investigated wearing satisfaction after manufacturing improved horseback riding pants. As results of investigating wearing feeling for products manufactured with pattern designs reflecting the analysis result of existing horseback riding clothes as well as wearing feeling of horseback riders, it was possible to prevent wounds of bodies after horseback riding and the riders expressed high satisfaction for the products manufactured based on the research results.

Studies on the Marketing of Eggs (계란의 유통에 대한 조사연구)

  • 정선부;오봉국;오세정;정일정
    • Korean Journal of Poultry Science
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    • v.12 no.1
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    • pp.45-50
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    • 1985
  • These studies were carried out to obtain the materials for the establish ment of marketing standard of eggs. The data for these studies were collected from 8 collection traders, 16 whole sale traders, 12 retail stores and 6 supermarkets located at the suburbs of Seoul, Daejon, Kwangju and Busan. The weight grading of eggs was operated by egg producers and the price differences were 2-3 won by marketing channels. Most jumbo and extra-large eggs were sold for table e99s, large eggs were sold for restaurant and table eggs and medium and small eggs were sold for restaurants. Egg consumers prefer the brown shell eggs to white shell eggs in spite of higher prices by 1.5 won and most consumers trusted the egg gradings. The purchasing unit of eggs at retail store was 30 eggs, and consumers wanted 10 eggs packing. The average packing cost per 10 eggs was 10-20 won and 55-64% of consumers hoped packed eggs and most of eggs were sold within 7 days after they arrived at retail stores.

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