Advertising Role of Recommender Systems in Electronic Marketplaces: A Boon or a Bane for Competing Sellers?

2016 ◽  
Author(s):  
lusi li ◽  
Jianqing Chen ◽  
Srinivasan Raghunathan
MIS Quarterly ◽  
2020 ◽  
Vol 44 (4) ◽  
pp. 1957-1985
Author(s):  
Lusi Li ◽  
Jianqing Chen ◽  
Srinivasan Raghunathan

Author(s):  
Xitong Li ◽  
Jörn Grahl ◽  
Oliver Hinz

The findings underscore the important role of consumers’ consideration sets in mediating the positive effects of recommender systems on consumer purchases. Practical strategies can be developed to facilitate the formation of the consideration sets. For example, to reduce consumers’ search costs and cognitive efforts, online retailers can display the recommended products in a descending order according to the predicted closeness of consumers’ preferences. Online retailers can further indicate the predicted closeness scores of consumers’ preferences for the recommended products. Given such a placement arrangement, consumers can quickly screen the recommended products and add the most relevant alternatives to their consideration sets, which should facilitate consumers’ shopping process and increase the shopping satisfaction. The findings also suggest that a larger consideration set due to the use of recommender systems could induce consumers to buy. Yet, it is difficult for consumers to manage many alternatives when the consideration set is very large. To facilitate consumers’ shopping process, online retailers need to consider strategies and tools that help consumers manage the alternatives in the consideration set in a better-organized manner and facilitate the comparison across the alternatives.


Author(s):  
Izzah Fadhilah Akmaliah ◽  
Adila Alfa Krisnadhi ◽  
Dana Indra Sensuse ◽  
Puji Rahayu ◽  
Ika Arthalia Wulandari

2002 ◽  
Vol 12 (3) ◽  
pp. 231-246 ◽  
Author(s):  
George M. Giaglis ◽  
Stefan Klein ◽  
Robert M. O'Keefe

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