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Author:Hanappi, H.
Kump, O.
Title:Collect now-consume later on innovative products in electronic commerce
Journal:Decision Support Systems
2003 : JAN, VOL. 34:2, p. 213-221
Index terms:CONSUMER BEHAVIOUR
TECHNOLOGY
INNOVATION
DECISION SUPPORT SYSTEMS
Language:eng
Abstract:In this paper, the authors develop the idea that in the future electronic commerce will increasingly involve customers whose lack of time for consumption forces them to collect the products they purchase for later consumption. The peculiarity of these conditions at the point of sale will be discussed in detail from the perspective of economic theory. The analysis will elaborate how certain characteristics of utility functions as well as other characteristics of this consumer segment contribute to these peculiarities. As a result some lessons for the timing of innovations in the supply of information commodities are derived. In particular, it is shown why it might be profitable for suppliers in electronic commerce to produce waves of technological fashions.
SCIMA record nr: 246283
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