Consumer Perceived Value and Decision Outcome in Multi-Channel Retail : A Systematic Literature Review

Authors

  •   Dinesh Sharma Ph.D. Scholar (Corresponding Author), Department of Marketing, Narsee Monjee Institute of Management Studies, V. L., Pherozeshah Mehta Road, Vile Parle West, Mumbai - 400 056, Maharashtra
  •   Tapan Kumar Panda Ex-Pro Vice Chancellor, Kalinga Institute of Industrial Technology (KIIT University), KIIT Rd, Patia, Bhubaneswar - 751 024, Odisha

DOI:

https://doi.org/10.17010/ijom/2025/v55/i2/174746

Keywords:

consumer perceived value (CPV)

, consumer decision outcome (CDO), multi-channel/omnichannel, retail marketing and management, systematic literature review.

Paper Submission Date

, August 5, 2024, Paper sent back for Revision, November 15, Paper Acceptance Date, December 20, Paper Published Online, February 15, 2025

Abstract

Purpose : Increasing research on multi-channel identifies various disconnected factors influencing customer decision-making behavior. Collecting and synthesizing this data was imperative to provide practitioners with pertinent insights. This paper examined the current research on multi-channel retailing consumer decision outcomes (CDOs) from the lens of consumer perceived value (CPV).

Methodology : This study employed a systematic literature review to delineate the existing knowledge at the junction of CPV and CDO in multi-channel (siloed or integrated) retailing.

Findings : A systematic review of 152 peer-reviewed articles published in English-language journals indicated that multi-channel CDOs are predominantly examined as a consequence of the perceived value of multi-channel dimensions rather than linked to retailing marketing and management. This study introduced a conceptual framework for multi-channel CDOs’ antecedents, episodes, and consequences.

Practical Implications : The results indicated techniques for utilizing customer decision outcomes to enhance returns for retail marketers and managers. These insights will assist field personnel in attaining consumer decision-making behavior objectives.

Originality : This is among the first studies to conduct a systematic review of exhaustive peer-reviewed articles to delineate existing gaps and potential for future research by mapping the intersection of multi-channel customer-perceived value and CDOs. Further, this study provided various findings on retailing studies by segregating findings between articles corresponding to multichannel and omnichannel.

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Published

2025-02-15

How to Cite

Sharma, D., & Panda, T. K. (2025). Consumer Perceived Value and Decision Outcome in Multi-Channel Retail : A Systematic Literature Review. Indian Journal of Marketing, 55(2), 8–32. https://doi.org/10.17010/ijom/2025/v55/i2/174746

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