The pricing strategies of online grocery retailers

被引:12
作者
Aparicio, Diego [1 ]
Metzman, Zachary [2 ]
Rigobon, Roberto [2 ,3 ]
机构
[1] IESE Business Sch, Barcelona, Spain
[2] MIT, Cambridge, MA USA
[3] NBER, Cambridge, MA USA
来源
QME-QUANTITATIVE MARKETING AND ECONOMICS | 2024年 / 22卷 / 01期
关键词
Algorithmic pricing; Price dispersion; Price discrimination; Online groceries; Scanner data; Amazon; Walmart; L1; L2; M3; O3; DISPERSION EVIDENCE; EMPIRICAL-ANALYSIS; INTERNET; PRICES; COMMERCE; DISCRIMINATION; COLLUSION; MARKETS;
D O I
10.1007/s11129-023-09273-w
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper documents the differences in pricing strategies between online and offline (brick-and-mortar) channels. We collect price data for identical products from leading online grocery retailers in the United States and complement it with offline data for the same products from scanner data. Our findings reveal a consistent pattern: online retailers exhibit higher price dispersion than their offline counterparts. More specifically, online grocers employ price algorithms that amplify price discrimination in three key dimensions: (1) over time (through frequent price changes), (2) across locations (by charging varying prices based on delivery zipcodes), and (3) across sellers (by setting dispersed prices for identical products across rival retailers).
引用
收藏
页码:1 / 21
页数:21
相关论文
共 56 条
[1]   Zone Pricing in Retail Oligopoly [J].
Adams, Brian ;
Williams, Kevin R. .
AMERICAN ECONOMIC JOURNAL-MICROECONOMICS, 2019, 11 (01) :124-156
[2]  
Amazon, 2019, AMAZONFRESH EXPANDS
[3]   PRICE STICKINESS: EMPIRICAL EVIDENCE OF THE MENU COST CHANNEL [J].
Anderson, Eric ;
Jaimovich, Nir ;
Simester, Duncan .
REVIEW OF ECONOMICS AND STATISTICS, 2015, 97 (04) :813-826
[4]  
[Anonymous], 2021, Supermarket News
[5]  
Aparicio D., 2022, ALGORITHMIC PRICING
[6]   Quantum prices [J].
Aparicio, Diego ;
Rigobon, Roberto .
JOURNAL OF INTERNATIONAL ECONOMICS, 2023, 143
[7]  
Aparicio Diego., 2023, Artificial Intelligence in Marketing Review of Marketing Research, V20, P103
[8]   The Competitive Effects of Entry: Evidence from Supercenter Expansion [J].
Arcidiacono, Peter ;
Ellickson, Paul ;
Mela, Carl Frederick ;
Singleton, John D. .
AMERICAN ECONOMIC JOURNAL-APPLIED ECONOMICS, 2020, 12 (03) :175-206
[9]  
Assad S., 2020, CESifo Working Paper
[10]   Price Transparency, Media, and Informative Advertising [J].
Ater, Itai ;
Rigbi, Oren .
AMERICAN ECONOMIC JOURNAL-MICROECONOMICS, 2023, 15 (01) :1-29