Xuanting Jin, Sungyong Um, Taekyung Kim, Dongwon Lee
언어
영어(ENG)
URL
https://www.earticle.net/Article/A472658
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4,000원
원문정보
초록
영어
As franchise systems expand, concerns arise regarding whether intra-brand proximity intensifies intra-brand competition or contributes to market expansion across online and offline channels. Existing studies often neglect the channel-specific variations of these effects and the moderating role of inter-brand competition. This study examines how intra-brand proximity and inter-brand competition influence store performance in an omnichannel retail context, applying a 1.5 km threshold. Leveraging sales data from a South Korean multi-brand retailer, we apply a multilevel random intercept model and the Gaussian copula method to mitigate endogeneity concerns. The findings indicate that in offline markets, intra-brand proximity initially enhances sales through agglomeration effects; however, this effect dissipates after accounting for endogeneity. Inter-brand competition enhances offline sales, particularly in low-density areas. In online markets, intra-brand proximity exacerbates intra-brand competition, leading to lower sales, whereas inter-brand competition amplifies these pressures further. These findings underscore the necessity of strategically managing store proximity in omnichannel retail environments.
목차
Abstract Introduction Theoretical Background Store Proximity Intra-brand Competition Inter-brand Competition Omnichannel Retailing The Role of Geographic Distance in Offline and OnlineShopping Research Method Data Variable Definition Method Results Discussion and Conclusion References