Earticle

Developing the Strategies of Redesigning the Role of Retail Stores Using Cluster Analysis : the case of Mongolian Retail Company

  • 간행물
    한국경영정보학회 정기 학술대회 바로가기
  • 권호(발행년)
    2023년도 한국경영정보학회 춘계 학술대회 (2023.06) 바로가기
  • 페이지
    pp.974-980
  • 저자
    Tsatsral Telmentugs, KwangSup Shin
  • 언어
    영어(ENG)
  • URL
    https://www.earticle.net/Article/A434314

원문정보

초록

영어
The retail industry significantly changed over the past decade, from its traditional focus on offline stores to a greater emphasis on online shopping, accompanied by a shift in consumer behavior. There are specific categories in which traditional shopping remains the preferred method of purchase. Analyzing quantitative performance is crucial in making informed and practical decisions that will guide companies to allocate their valuable earnings. The growth of digital channels is the inevitable next step in the retail market of Mongolia. Therefore, retailers must focus on integrating their stores to adapt to these changes. We identified critical elements of our chosen locations in Mongolia that form the basic concept of an offline store. With the help of the K-means clustering method, clustered locations represent the primary living conditions of retail customers. The findings of this research are valuable to managers interested in redesigning a store to operate in an integrated manner.

목차

ABSTRACT
1. Introduction
2. Current status of the Mongolian retail market
3. Research methodology
3.1. Clustering
3.2. K-means Clustering
4. Interpretation of Result
5. Conclusion
Acknowledgment
References

저자

  • Tsatsral Telmentugs [ Graduate School of Logistics, Incheon National University ]
  • KwangSup Shin [ Graduate School of Logistics, Incheon National University ]

참고문헌

자료제공 : 네이버학술정보

    간행물 정보

    • 간행물
      한국경영정보학회 정기 학술대회 [KMIS Conference]
    • 간기
      반년간
    • 수록기간
      1990~2025
    • 십진분류
      KDC 325 DDC 658