The Research on Innovative Development Path of New Retail Business Model Based on Customer Experience

AUTHORS

Ying Lu,School of Computer and Information Engineering, Harbin University of Commerce, Harbin 150028, China
Yan Zhao,Student Career Guidance Center, Harbin University of Commerce, Harbin 150028, China
Zhipeng Fan,School of Computer and Information Engineering, Harbin University of Commerce, Harbin 150028, China
Yan Liu,School of Computer and Information Engineering, Harbin University of Commerce, Harbin 150028, China

ABSTRACT

In the 21 century, the competition between enterprises is no longer limited to the competition of products, technologies and services, but the competition of business models. The reform brought by the innovation of business models plays a vital role in the long-term development of enterprises. The New Retail business model integrates new technologies such as Artificial Intelligence, Big Data and Could Computing from the perspective of improving costumer experience. While inheriting the advantages of traditional business model, the New Retail business model also developed and innovated the traditional business model. After clarifying the understanding of these problems, the paper points out the theoretical for the business model reform of new retail enterprises, and put forward some target suggestions.

 

KEYWORDS

New Retail, Business Model, Customer Experience

REFERENCES

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[5]     Schmintt,B.H., “Experiential Marketing:How to Get Customers to SENSE,FEEL,THINK,ACT,RELATE to Your Company and Brands”, New York:Simon &Schuster Inc (1999)
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CITATION

  • APA:
    Lu,Y.& Zhao,Y.& Fan,Z.& Liu,Y.(2019). The Research on Innovative Development Path of New Retail Business Model Based on Customer Experience. World Journal of Accounting, Finance and Engineering, 3(2), 13-20. http://dx.doi.org/10.21742/WJAFE.2019.3.2.03
  • Harvard:
    Lu,Y.and Zhao,Y.and Fan,Z.and Liu,Y.(2019). "The Research on Innovative Development Path of New Retail Business Model Based on Customer Experience". World Journal of Accounting, Finance and Engineering, 3(2), pp.13-20. doi:http://dx.doi.org/10.21742/WJAFE.2019.3.2.03
  • IEEE:
    [1]Y.Luand Y.Zhaoand Z.Fanand Y.Liu, "The Research on Innovative Development Path of New Retail Business Model Based on Customer Experience". World Journal of Accounting, Finance and Engineering, vol.3, no.2, pp.13-20, Nov. 2019
  • MLA:
    Lu Yingand Zhao Yanand Fan Zhipengand Liu Yan. "The Research on Innovative Development Path of New Retail Business Model Based on Customer Experience". World Journal of Accounting, Finance and Engineering, vol.3, no.2, Nov. 2019, pp.13-20, doi:http://dx.doi.org/10.21742/WJAFE.2019.3.2.03

ISSUE INFO

  • Volume 3, No. 2, 2019
  • ISSN(p):2208-8512
  • ISSN(o):2208-8520
  • Published:Nov. 2019