Research Article
An Optimization Model for Product Placement on Product Listing Pages
Table 5
Random experimental results for low-involvement items.
| Ex. | Placement order | Average price (1st page) | Average price (2nd page) | Price cues? | Popularity cues? | Profits | % |
| I | Original | 6.04 | 4.96 | Yes | No | 2042.05 | 10.04% | New | 4.06 | 5.46 | No | Yes | 2247.01 |
| II | Original | 4.61 | 4.65 | No | No | 1851.70 | 5.90% | New | 3.84 | 4.84 | No | Yes | 1960.94 |
| III | Original | 4.99 | 5.24 | No | No | 2236.47 | 4.32% | New | 3.87 | 5.52 | No | Yes | 2332.98 |
| IV | Original | 6.12 | 5.39 | Yes | No | 2168.28 | 10.99% | New | 3.96 | 5.93 | No | Yes | 2406.51 |
| V | Original | 5.40 | 4.52 | Yes | No | 1824.40 | 7.36% | New | 4.31 | 4.79 | No | Yes | 1958.76 |
|
|