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How to Regain Lost Customers in Electronic Commerce: An Empirical Study from China

Author

Listed:
  • Xu, Bo

    (School of Management, Fudan University, Shanghai, PR China)

  • Shao, Bingjia

    (College of Economics and Business Administration, Chongqing University, Chongqing, China)

Abstract

Electronic commerce has experienced rapid growth in last years. B2C electronic commerce often has a high customer loss rate. To regain the lost customers is a major concern of online vendors. This paper investigates the strategies for winning back lost customers (price promotion and relationship investment) through field experiment on a major B2C website in China. Research findings indicate the two strategies are effective in regaining lost customers online, depending on the customers’ prior relationship time with the vendor, and lapse time from the vendor. The study has contribution to electronic commerce and has practical implications for B2C vendors on customer management.

Suggested Citation

  • Xu, Bo & Shao, Bingjia, 2015. "How to Regain Lost Customers in Electronic Commerce: An Empirical Study from China," Journal of Internet Banking and Commerce, , vol. 20(03), pages 01-18, December.
  • Handle: RePEc:ris:joibac:0258
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    More about this item

    Keywords

    Electronic commerce; Customer regaining; Price promotion; Relationship investment;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists

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