Title of article :
The Influence of Shopping Path Length on Sales Growth and Its Variance
Author/Authors :
Ohmori, Shunichi Department of Industrial and Management System Engineering - Waseda University, Tokyo, Japan , Ueda, Masao Department of Industrial and Management System Engineering - Waseda University, Tokyo, Japan , Yoshimoto, Kazuho Department of Industrial and Management System Engineering - Waseda University, Tokyo, Japan
Pages :
6
From page :
112
To page :
117
Abstract :
We study the influence of shopping path length on the number of items purchased. It is a well known fact in in-store shopper marketing that the longer the travel distance, the more items purchased. We analyze a shopping path data of 556 shoppers collected at a retail store in an urban are in Tokyo, Japan. We observed the fact the longer the travel distance, the greater the variance of the number of items purchased as well as its average. To explain this fact, we proposed a probability model of sequential purchase decisions using the Bernoulli process. We can estimate the number of items purchased as the binomial distribution given the shopping path. In the case study, we show how this assumption can be justified by the data from a real store.
Keywords :
shopper marketing , retail operation
Journal title :
Operations and Supply Chain Management
Serial Year :
2019
Full Text URL :
Record number :
2601652
Link To Document :
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