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perceive this channel coordination as a brand-new
service and have more frequent contact with
company both online and offline, in contrast to the
limitation of past traditional business. For
post-purchase stage, all the three channel
coordinations are important variables in influencing
synergy realization. Among them, post-purchase 3
is the largest one. This is obvious since personalized
marketing from collecting detailed information in
both channels is considered as an antecedent of
customer retention.
Finally, canonical loadings for synergies
realization are examined to understand their relative
improvement. Some synergies have higher
correlations with the predictor canonical variates
(channel coordinations), for instance, improved
customer trust and customer risk reduction (loadings
of 0.786 and 0.745). This is because human being
inherently has cognitive limitation for often
recognizing subjects by the first impression,
particularly in e-commerce environment associated
with the characteristics of high uncertainty or risk,
building initial trust or reducing risk for customers is
thus the first priority of the firm to successfully
operate an online business.
5 CONCLUSIONS AND
SUGGESTIONS
In general, the results indicate that different
strategies have different degrees of impact on
channel coordinations and in turn, different
synergies realization. The implications are discussed
for practitioners and researchers. For practitioners,
managerial personnel can base the findings on
effectively allocating limited resource to achieve
maximal synergies. Moreover, significant synergies
are centered on improved customer, consumer risk
reduction, and increased repeat purchase. This
indicates that establishing customer initial trust and
the first impression is the critical success factor in
online business. This is extremely helpful for a
firm to successfully start a new online business.
For researchers, questions remain to be clarified
for this convergence, which models will win, how
are channel coordinations operated, and what
benefits can be obtained from channel coordinations.
This study attempts to develop a new approach by
integrating the relevant elements together and base it
on defining a clear and solid process to effectively
guide the operation of clicks-and-bricks business as
well as empirically verifies it with high practical
validity. Thus, the proposed model has made an
important contribution to the emerging literature on
e-commerce.
Finally, although this study has produced some
interesting results, it may still have some limitations.
First, this study may have the problem of external
validity for failing to consider the characteristics of
physical and virtual stores such as design of web
store, the number of physical stores, geographic
location of physical store, and so on. Next, digital
products can be sold and delivered simultaneously
on Internet network, but are restricted to this
research. The findings may have some degrees of
limitation on generalization to this kind of products.
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