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The Growth Mechanism of Private Brands of E-commerce Platform Enterprises Under the Empowerment of Big Data Cooperation Assets: Case Studies of Xiaomi Youpin and NetEase Yanxuan |
ZHU Guo-jun, ZHAO Ding-xin, ZHENG Hong-hao |
School of Business, Jiangsu Ocean University, Lianyungang Jiangsu 222005, China |
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Abstract Using grounded theory approach and taking Xiaomi Youpin and NetEase Yanxuan, two e-commerce platform companies, as research objects, this paper carries out “analytical induction” and explores the growth mechanism of private brands of e-commerce platform companies by introducing big data cooperation asset theory. The study reveals the following findings: first, the driving force for the growth of private brands of e-commerce platform companies lies in the technological empowerment and market empowerment of big data cooperation assets; second, with the help of big data cooperation assets, e-commerce platform companies can drive the growth of their private brands through the logical empowerment of “brand community value co-creation—dynamic identification of innovation opportunities—dual improvisational innovation”, thus gains product innovation, channel innovation and value innovation; third, the growth of private brands of e-commerce platform companies can choose the path paradigm of either “quality” as the core or “selection” as the core. Therefore, e-commerce platform companies should fully stimulate the empowerment and driving role of big data cooperation assets in building their private brands, and choose an appropriate growth path for their private brands based on the characteristics of their own empowerment methods and growth mechanisms.
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Received: 27 February 2023
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