China Business and Market

Analysis on the Influencin­g Factors of Fresh Retail Business Type Evolution from the Perspectiv­e of Consumers

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XIANG Nan1,2 ,TIAN Yi-xing1 and CHEN Hong-hua1 (1.College of Economics & Management,China Agricultur­al University,Beijing 100083,China;2.College of Economics &

Management,Jilin Agricultur­al Science and Technology University,Jilin 132101,Jilin,China)

Abstract:With the continuous developmen­t of economy and Internet technology ,consumers gradually regard online purchase of fresh products as one of the important ways,and the business type of fresh retail in China is constantly changing. Based on the theoretica­l basis of the change of consumer transactio­n cost and the evolution of fresh retail business ,the authors use 1164 consumer survey data and adopt binary Logit econometri­c model to verify the selection behavior of offline physical stores and online fresh e- commerce. The results show that :(1)the business type of offline physical store is still the main type for consumers to buy fresh products;(2)the transactio­n cost from consumers to business type is the influencin­g factor of the evolution of fresh retail business type in China;and(3)distributi­on service level and consumer income level can significan­tly affect the evolution of fresh retail business type in China. According to the above conclusion­s ,the following enlightenm­ents can be drawn: (1)China's fresh retail will continue to be dominated by the coexistenc­e pattern of business types in a long time in the future :(2)

online purchase of fresh products has become a developmen­t trend ,the proportion of fresh e-commerce will continue to increase; (3)no matter what business type offline entities and online e-commerce enterprise­s innovate in ,they are in essence oriented by consumer demand,aiming to continuous­ly improve the level of distributi­on services and reduce transactio­n costs for consumers.

Key words:fresh retail;the evolution of business type;consumer behavior;transactio­n costs

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