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Managing Operational Design Within Innovative Retail Contexts
Managing Operational Design Within Innovative Retail Contexts
Managing Operational Design Within Innovative Retail Contexts

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자료유형  
 학위논문 서양
최종처리일시  
20260202103139
ISBN  
9798286442140
DDC  
658.155
저자명  
Ding, Yuanyuan.
서명/저자  
Managing Operational Design Within Innovative Retail Contexts
발행사항  
[Sl] : University of Minnesota, 2025
발행사항  
Ann Arbor : ProQuest Dissertations & Theses, 2025
형태사항  
151 p
주기사항  
Source: Dissertations Abstracts International, Volume: 86-12, Section: A.
주기사항  
Advisor: Donohue, Karen;Ertekin, Necati.
학위논문주기  
Thesis (Ph.D.)--University of Minnesota, 2025.
초록/해제  
요약Improving operational design decisions has the potential to enhance product valuation, trim operational costs, bolster overall profitability, and prioritize critical social issues such as environmental sustainability. My dissertation examines a variety of operational design decisions that arise within two contemporary contexts: (i) selling returned products as open-box, and (ii) curating products within a new subscription-based e-commerce service. I employ tools from econometrics and behavioral sciences to examine how customers response to different operational design options within these contexts, with the goal of identifying the most appropriate design for a given product type or customer segment. My dissertation is comprised of three main studies, with the first focused on context (i) and the others focused on context (ii).The overarching research question of Study 1 is: How should open-box products be displayed along with corresponding new products to increase overall product valuation? As the value and volume of returned products continue to rise, retailers are actively seeking effective methods to manage the disposition of returned products to reduce environment harm and recover lost revenue. One disposition method adopted in recent years is to sell returns as open-box along with their new product offerings. As more retailers include open-box products within their physical or online stores, a question arises in how to design the display of open-box products along with new products (i.e., what is the appropriate visual merchandising strategy). In practice, there are two dominant visual merchandising strategies. Whereas some retailers position open-box products next to their new counterparts (i.e., side-by-side strategy), other retailers position them separately in a different part of the retail space/website (i.e., separate strategy). In evaluating which strategy to use, an important consideration is how open-box products may influence corresponding new products as new products still account for most of the retail profit. Employing a state-of-the-art, choice-based conjoint design in a controlled lab experiment, I find that participants under the separate (versus side-by-side) strategy have higher valuation for new products, leading to higher sales but also a higher likelihood to return them. This study reveals that choosing the appropriate visual merchandising strategy entails a novel trade-off. The separate strategy yields higher new product sales, while the side-by-side strategy results in lower new product returns.The overarching research question of Study 2 is: How does different designs of product selection process influence customer satisfaction and valuation of the curated subscription service? The context of Study 2 is a new form of subscription-based retailing known as curated subscription services. In these services, customers sign up to receive personalized products delivered on a periodic basis. The product selection process, central to the services, leverages information provided by customers during the sign-up and integrates feedback received after each delivery to curate the box to meet individual preferences. Curated subscription service retailers are experimenting with what designs to employ within the product selection process. The relevant designs for the product selection process revolve around two design features: (i) the level of transparency into the broader product assortment and (ii) the level of customer participation in product selection. In evaluating how these alternative designs influence customer valuation of the service, it is important to consider both the products resulting from the product selection process and the customer experience during the product selection process. Specifically, I examine how each design affects the alignment of the products with customer preferences, which is driven by the outcome of the product selection process, and customer perception of restricted freedom, which emerges from their experience during the product selection process. These perceptions ultimately shape customer satisfaction, and, in turn, customer valuation of the service. Through the results of a controlled experiment, I find that providing transparency into the collection without customer participation does not enhance customer satisfaction of the service. However, satisfaction significantly improves when transparency was combined with customer participation in product selection. Different levels of customer participation do not lead to differing satisfaction of the service. Additionally, the alignment of the outcome with customer preferences and the perception of restricted freedom are two key mechanisms influencing customer satisfaction of the service. Furthermore, elevated customer satisfaction translate into increased customer valuation of the service.The overarching research question of Study 3 is: How can curated subscription service retailers manage recommendation deviation to influence its impact on perceived product fit between recommended products and customer preferences, thereby preserving or potentially improving customer valuation for the service? The primary objective of curated subscription services is to identify and deliver products that align with individual customer preferences. However, achieving perfect alignment is challenging due to various factors, including insufficient customer data or strategic considerations, such as avoiding over-tailoring recommendations that may reinforce the dominance of popular products and limit product diversity. As a result, recommendation deviation becomes inevitable. To better understand how customers respond to this deviation, this research applies regulatory focus theory, which distinguishes customers between two goal orientations: promotion-focused, who seek surprise and exploration, and prevention focused, who value convenience and aim to minimize effort. Regulatory focus theory suggests that individuals tend to evaluate experiences more favorably when those experiences align with their goal orientation, a phenomenon known as regulatory fit. This alignment is crucial in further influencing customer perceived product fit with their preferences, as well as their service valuation. Accordingly, this study explores how recommendation deviation influences perceived product fit, and subsequently, service valuation, across customers with different goal orientations in this context. This forms the basis of the study's overarching question. Building on this foundation, the study further explores how different types of informational nudging, including pressure-oriented nudging and self-assurance nudging, can mitigate the negative effects of recommendation deviation depending on customer goal orientations. Pressure-oriented nudging emphasizes the scarcity and uniqueness of products to signal their value and urgency, and assurance-oriented nudging validates the relevance of recommendations, bolstering customer confidence and justifying purchase decisions. I develop a conceptual framework of propositions that explores how customers with different goal orientations respond to recommendation deviation-both with and without different types of informational nudging-in terms of perceived product fit and service valuation, thus laying the foundation for future empirical research. 
키워드  
Operational costs
키워드  
Product valuation
키워드  
Environment harm
기타저자  
University of Minnesota Business Administration
기본자료저록  
Dissertations Abstracts International. 86-12A.
전자적 위치 및 접속  
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MARC

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■035    ▼a(MiAaPQ)AAI31993847
■040    ▼aMiAaPQ▼cMiAaPQ
■0820  ▼a658.155
■1001  ▼aDing,  Yuanyuan.
■24510▼aManaging  Operational  Design  Within  Innovative  Retail  Contexts
■260    ▼a[Sl]▼bUniversity  of  Minnesota▼c2025
■260  1▼aAnn  Arbor▼bProQuest  Dissertations  &  Theses▼c2025
■300    ▼a151  p
■500    ▼aSource:  Dissertations  Abstracts  International,  Volume:  86-12,  Section:  A.
■500    ▼aAdvisor:  Donohue,  Karen;Ertekin,  Necati.
■5021  ▼aThesis  (Ph.D.)--University  of  Minnesota,  2025.
■520    ▼aImproving  operational  design  decisions  has  the  potential  to  enhance  product  valuation,  trim  operational  costs,  bolster  overall  profitability,  and  prioritize  critical  social  issues  such  as  environmental  sustainability.  My  dissertation  examines  a  variety  of  operational  design  decisions  that  arise  within  two  contemporary  contexts:  (i)  selling  returned  products  as  open-box,  and  (ii)  curating  products  within  a  new  subscription-based  e-commerce  service.  I  employ  tools  from  econometrics  and  behavioral  sciences  to  examine  how  customers  response  to  different  operational  design  options  within  these  contexts,  with  the  goal  of  identifying  the  most  appropriate  design  for  a  given  product  type  or  customer  segment.  My  dissertation  is  comprised  of  three  main  studies,  with  the  first  focused  on  context  (i)  and  the  others  focused  on  context  (ii).The  overarching  research  question  of  Study  1  is:  How  should  open-box  products  be  displayed  along  with  corresponding  new  products  to  increase  overall  product  valuation?  As  the  value  and  volume  of  returned  products  continue  to  rise,  retailers  are  actively  seeking  effective  methods  to  manage  the  disposition  of  returned  products  to  reduce  environment  harm  and  recover  lost  revenue.  One  disposition  method  adopted  in  recent  years  is  to  sell  returns  as  open-box  along  with  their  new  product  offerings.  As  more  retailers  include  open-box  products  within  their  physical  or  online  stores,  a  question  arises  in  how  to  design  the  display  of  open-box  products  along  with  new  products  (i.e.,  what  is  the  appropriate  visual  merchandising  strategy).  In  practice,  there  are  two  dominant  visual  merchandising  strategies.  Whereas  some  retailers  position  open-box  products  next  to  their  new  counterparts  (i.e.,  side-by-side  strategy),  other  retailers  position  them  separately  in  a  different  part  of  the  retail  space/website  (i.e.,  separate  strategy).  In  evaluating  which  strategy  to  use,  an  important  consideration  is  how  open-box  products  may  influence  corresponding  new  products  as  new  products  still  account  for  most  of  the  retail  profit.  Employing  a  state-of-the-art,  choice-based  conjoint  design  in  a  controlled  lab  experiment,  I  find  that  participants  under  the  separate  (versus  side-by-side)  strategy  have  higher  valuation  for  new  products,  leading  to  higher  sales  but  also  a  higher  likelihood  to  return  them.  This  study  reveals  that  choosing  the  appropriate  visual  merchandising  strategy  entails  a  novel  trade-off.  The  separate  strategy  yields  higher  new  product  sales,  while  the  side-by-side  strategy  results  in  lower  new  product  returns.The  overarching  research  question  of  Study  2  is:  How  does  different  designs  of  product  selection  process  influence  customer  satisfaction  and  valuation  of  the  curated  subscription  service?  The  context  of  Study  2  is  a  new  form  of  subscription-based  retailing  known  as  curated  subscription  services.  In  these  services,  customers  sign  up  to  receive  personalized  products  delivered  on  a  periodic  basis.  The  product  selection  process,  central  to  the  services,  leverages  information  provided  by  customers  during  the  sign-up  and  integrates  feedback  received  after  each  delivery  to  curate  the  box  to  meet  individual  preferences.  Curated  subscription  service  retailers  are  experimenting  with  what  designs  to  employ  within  the  product  selection  process.  The  relevant  designs  for  the  product  selection  process  revolve  around  two  design  features:  (i)  the  level  of  transparency  into  the  broader  product  assortment  and  (ii)  the  level  of  customer  participation  in  product  selection.  In  evaluating  how  these  alternative  designs  influence  customer  valuation  of  the  service,  it  is  important  to  consider  both  the  products  resulting  from  the  product  selection  process  and  the  customer  experience  during  the  product  selection  process.  Specifically,  I  examine  how  each  design  affects  the  alignment  of  the  products  with  customer  preferences,  which  is  driven  by  the  outcome  of  the  product  selection  process,  and  customer  perception  of  restricted  freedom,  which  emerges  from  their  experience  during  the  product  selection  process.  These  perceptions  ultimately  shape  customer  satisfaction,  and,  in  turn,  customer  valuation  of  the  service.  Through  the  results  of  a  controlled  experiment,  I  find  that  providing  transparency  into  the  collection  without  customer  participation  does  not  enhance  customer  satisfaction  of  the  service.  However,  satisfaction  significantly  improves  when  transparency  was  combined  with  customer  participation  in  product  selection.  Different  levels  of  customer  participation  do  not  lead  to  differing  satisfaction  of  the  service.  Additionally,  the  alignment  of  the  outcome  with  customer  preferences  and  the  perception  of  restricted  freedom  are  two  key  mechanisms  influencing  customer  satisfaction  of  the  service.  Furthermore,  elevated  customer  satisfaction  translate  into  increased  customer  valuation  of  the  service.The  overarching  research  question  of  Study  3  is:  How  can  curated  subscription  service  retailers  manage  recommendation  deviation  to  influence  its  impact  on  perceived  product  fit  between  recommended  products  and  customer  preferences,  thereby  preserving  or  potentially  improving  customer  valuation  for  the  service?  The  primary  objective  of  curated  subscription  services  is  to  identify  and  deliver  products  that  align  with  individual  customer  preferences.  However,  achieving  perfect  alignment  is  challenging  due  to  various  factors,  including  insufficient  customer  data  or  strategic  considerations,  such  as  avoiding  over-tailoring  recommendations  that  may  reinforce  the  dominance  of  popular  products  and  limit  product  diversity.  As  a  result,  recommendation  deviation  becomes  inevitable.  To  better  understand  how  customers  respond  to  this  deviation,  this  research  applies  regulatory  focus  theory,  which  distinguishes  customers  between  two  goal  orientations:  promotion-focused,  who  seek  surprise  and  exploration,  and  prevention  focused,  who  value  convenience  and  aim  to  minimize  effort.  Regulatory  focus  theory  suggests  that  individuals  tend  to  evaluate  experiences  more  favorably  when  those  experiences  align  with  their  goal  orientation,  a  phenomenon  known  as  regulatory  fit.  This  alignment  is  crucial  in  further  influencing  customer  perceived  product  fit  with  their  preferences,  as  well  as  their  service  valuation.  Accordingly,  this  study  explores  how  recommendation  deviation  influences  perceived  product  fit,  and  subsequently,  service  valuation,  across  customers  with  different  goal  orientations  in  this  context.  This  forms  the  basis  of  the  study's  overarching  question.  Building  on  this  foundation,  the  study  further  explores  how  different  types  of  informational  nudging,  including  pressure-oriented  nudging  and  self-assurance  nudging,  can  mitigate  the  negative  effects  of  recommendation  deviation  depending  on  customer  goal  orientations.  Pressure-oriented  nudging  emphasizes  the  scarcity  and  uniqueness  of  products  to  signal  their  value  and  urgency,  and  assurance-oriented  nudging  validates  the  relevance  of  recommendations,  bolstering  customer  confidence  and  justifying  purchase  decisions.  I  develop  a  conceptual  framework  of  propositions  that  explores  how  customers  with  different  goal  orientations  respond  to  recommendation  deviation-both  with  and  without  different  types  of  informational  nudging-in  terms  of  perceived  product  fit  and  service  valuation,  thus  laying  the  foundation  for  future  empirical  research. 
■590    ▼aSchool  code:  0130.
■653    ▼aOperational  costs
■653    ▼aProduct  valuation
■653    ▼aEnvironment  harm
■690    ▼a0796
■690    ▼a0454
■690    ▼a0505
■71020▼aUniversity  of  Minnesota▼bBusiness  Administration.
■7730  ▼tDissertations  Abstracts  International▼g86-12A.
■790    ▼a0130
■791    ▼aPh.D.
■792    ▼a2025
■793    ▼aEnglish
■85640▼uhttp://www.riss.kr/pdu/ddodLink.do?id=T17357149▼nKERIS▼z이  자료의  원문은  한국교육학술정보원에서  제공합니다.

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