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What is Merchant

Handbook of Research on the Platform Economy and the Evolution of E-Commerce
A merchant in the narrower sense is a company whose business model consists of trading goods, in particular physical goods. For this book chapter, the term “merchant” refers to all types of companies that offer their products in a marketplace.
Published in Chapter:
Merchants Competing on E-Commerce Platforms: Influencing Factors on Buying Behavior
Atilla Wohllebe (MATE Hungarian University of Agriculture and Life Sciences, Hungary)
DOI: 10.4018/978-1-7998-7545-1.ch009
Abstract
The importance of marketplaces in e-commerce has increased. More and more merchants are trying to use e-commerce platforms as a distribution channel. With the increasing competition, merchants are faced with the challenge of continuing to sell their products to consumers through marketplaces at a profit. This is especially true if the consumer has already chosen a certain product and now only decides from which merchant to buy the product. This chapter therefore examines for different customer segments which merchant-related factors — also and in particular apart from the price — influence the purchase decision. After reviewing relevant literature, various factors are identified through structured interviews. An online survey is then used to simulate a total of 3,485 purchase decisions with different factor characteristics. In addition to the price, the ratings of a merchant and the delivery time are identified as central factors influencing the purchase decision.
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