Skip to main content
Top
Published in: Electronic Commerce Research 1/2022

13-05-2021

Optimal pricing decision of composite service offered by network providers in E-commerce environment

Authors: Zheng Liu, Hangxin Guo, Yuanjun Zhao, Bin Hu, Xiaodong Ji, Lingling Lang, Lihua Shi

Published in: Electronic Commerce Research | Issue 1/2022

Log in

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

With the increasing demand of consumers for diversified network services, more and more network service providers are competing fiercely in providing network composite services in order to meet the market demand. Network composition service is the most basic service. According to certain rules, it synthesizes new services and then realizes new functions. At present, the pricing of service composition by network service providers in the market is not scientific, meanwhile random and temporary pricing is still relatively common. In order to scientifically guide network service providers to price composite service scientifically and effectively, improve the profit of service providers, and meet the maximum service demand of consumers. Based on the theory of market demand price, this paper applies the pricing model in supply chain management to the pricing link of composite service network. From the perspective of network service providers, a two-objective competitive pricing model is constructed, and the simulation example analysis and sensitivity test are carried out. The simulation results show that the composite service provided by network service providers satisfy the general market demand price theory. In order to help service providers make scientific decisions on price adjustment of network services, this paper also makes sensitivity analysis of market demand on price changes. The research shows that the composite service provided by network service providers satisfy the general market demand price theory, while adjusting the price can only meet the general market demand price change theory if the original price is less than half of the original price.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 390 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Maschinenbau + Werkstoffe




 

Jetzt Wissensvorsprung sichern!

Literature
1.
go back to reference Paulraj, D., Swamynathan, S., Chandran, D., et al. (2016). Service composition and execution plan generation of composite semantic web services using abductive event calculus. Computational Intelligence, 32(4), 711–737CrossRef Paulraj, D., Swamynathan, S., Chandran, D., et al. (2016). Service composition and execution plan generation of composite semantic web services using abductive event calculus. Computational Intelligence, 32(4), 711–737CrossRef
2.
go back to reference Moghaddam, M., & Davis, J. G. (2019). Simultaneous service selection for multiple composite service requests: A combinatorial auction approach. Decision Support Systems, 120, 81–94CrossRef Moghaddam, M., & Davis, J. G. (2019). Simultaneous service selection for multiple composite service requests: A combinatorial auction approach. Decision Support Systems, 120, 81–94CrossRef
3.
go back to reference Chen, I. R., Guo, J., & Bao, F. (2017). Trust management for SOA-based IoT and its application to service composition. IEEE Transactions on Services Computing, 9(3), 482–495CrossRef Chen, I. R., Guo, J., & Bao, F. (2017). Trust management for SOA-based IoT and its application to service composition. IEEE Transactions on Services Computing, 9(3), 482–495CrossRef
4.
go back to reference Moser, O., Rosenberg, F., & Dustdar, S. (2013). Domain-specific service selection for composite services. IEEE Transactions on Software Engineering, 38(4), 828–843CrossRef Moser, O., Rosenberg, F., & Dustdar, S. (2013). Domain-specific service selection for composite services. IEEE Transactions on Software Engineering, 38(4), 828–843CrossRef
5.
go back to reference Feng, L., Lin, Z., Liu, Y., et al. (2017). A clustering network-based approach to service composition in cloud manufacturing. International Journal of Computer Integrated Manufacturing, 30(3), 1–12 Feng, L., Lin, Z., Liu, Y., et al. (2017). A clustering network-based approach to service composition in cloud manufacturing. International Journal of Computer Integrated Manufacturing, 30(3), 1–12
6.
go back to reference Khansari, M. E., Sharifian, S., & Motamedi, S. A. (2018). Virtual sensor as a service: A new multicriteria QoS-aware cloud service composition for IoT applications. Journal of Supercomputing, 74(10), 5485–5512CrossRef Khansari, M. E., Sharifian, S., & Motamedi, S. A. (2018). Virtual sensor as a service: A new multicriteria QoS-aware cloud service composition for IoT applications. Journal of Supercomputing, 74(10), 5485–5512CrossRef
7.
go back to reference Li, H., Liang, M., & He, T. (2016). Optimizing the composition of a resource service chain with interorganizational collaboration. IEEE Transactions on Industrial Informatics, 99, 1–1 Li, H., Liang, M., & He, T. (2016). Optimizing the composition of a resource service chain with interorganizational collaboration. IEEE Transactions on Industrial Informatics, 99, 1–1
8.
go back to reference Lim, C. H., & Kim, K. J. (2017). IT-enabled information-intensive services. It Professional, 17(2), 26–32CrossRef Lim, C. H., & Kim, K. J. (2017). IT-enabled information-intensive services. It Professional, 17(2), 26–32CrossRef
9.
go back to reference Ji, S., Li, B., & Dong, Q. (2016). Incremental verification of evolving BPEL-based web composite service. Chinese Journal of Electronics, 25(1), 6–12CrossRef Ji, S., Li, B., & Dong, Q. (2016). Incremental verification of evolving BPEL-based web composite service. Chinese Journal of Electronics, 25(1), 6–12CrossRef
10.
go back to reference Deng, S., Huang, L., Hu, D., et al. (2016). Mobility-enabled service selection for composite services. IEEE Transactions on Services Computing, 9(3), 394–407CrossRef Deng, S., Huang, L., Hu, D., et al. (2016). Mobility-enabled service selection for composite services. IEEE Transactions on Services Computing, 9(3), 394–407CrossRef
11.
go back to reference Zhang, X. M., Fan, Q. L., Wang, D. F., & Leng, J. Z. (2018). Analysis on bundle pricing of product and service of telecom supply chain based on network externality. Journal of Systems and Management, 27(2), 366–373 Zhang, X. M., Fan, Q. L., Wang, D. F., & Leng, J. Z. (2018). Analysis on bundle pricing of product and service of telecom supply chain based on network externality. Journal of Systems and Management, 27(2), 366–373
12.
go back to reference Qiang, K. D., & Management S O. (2015). Internet service pricing based on customer loyalty. Value Engineering, 34(11), 244–246 Qiang, K. D., & Management S O. (2015). Internet service pricing based on customer loyalty. Value Engineering, 34(11), 244–246
13.
go back to reference Ishibuchi, H., Tsukamoto, N., & Nojima, Y. (2008). Evolutionary many-objective optimization: A short review. In IEEE world congress on computational intelligence (pp. 2419–2426). Ishibuchi, H., Tsukamoto, N., & Nojima, Y. (2008). Evolutionary many-objective optimization: A short review. In IEEE world congress on computational intelligence (pp. 2419–2426).
14.
go back to reference Hamidi, M. (2015). Solution of P versus NP problem. Algorithms Research, 1(4), 1–7. Hamidi, M. (2015). Solution of P versus NP problem. Algorithms Research, 1(4), 1–7.
Metadata
Title
Optimal pricing decision of composite service offered by network providers in E-commerce environment
Authors
Zheng Liu
Hangxin Guo
Yuanjun Zhao
Bin Hu
Xiaodong Ji
Lingling Lang
Lihua Shi
Publication date
13-05-2021
Publisher
Springer US
Published in
Electronic Commerce Research / Issue 1/2022
Print ISSN: 1389-5753
Electronic ISSN: 1572-9362
DOI
https://doi.org/10.1007/s10660-021-09487-8

Other articles of this Issue 1/2022

Electronic Commerce Research 1/2022 Go to the issue