Application of Harvard Analytical Framework to O2O Platforms of Generation Z: Take Meituan as an Example

Authors

  • Taoxu Fu

DOI:

https://doi.org/10.54097/wcs6mx70

Keywords:

Harvard Analytical Framework, Generation Z, O2O platform, Meituan.

Abstract

The development of O2O platforms has led to changes in people's lifestyles, in which Generation Z is gradually becoming the main consumer in the market, which has a profound impact on O2O platforms. Given the advantages of the Harvard analytical framework, this paper aims to explore the application of the Harvard analytical framework in the O2O platform of Generation Z, taking Meituan, a leading O2O company in China, as an example. Using the Harvard analytical framework, this paper analyzes Meituan's financial data from four aspects: strategy, accounting, finance, and prospect, identifies problems, and gives corresponding optimization suggestions. The analysis finds that Meituan has problems such as business homogenization, limited profitability of the existing business, negative net profit, declining inventory turnover, increasing competitors, and changing consumer demand. In this regard, recommendations were made to launch new products and services, explore new business areas, optimize marketing and R&D expenditures, optimize inventory management, and gain a deeper understanding of the needs of Generation Z consumers.

Downloads

Download data is not yet available.

References

Bryukhovetskaya, S. V., Artamonova, K. A., Gibadullin, A. A., Ilminskaya, S. A., & Kurbonova, Z. M. (2020). Management of digital technology development in the national economy. IOP Conference Series: Earth and Environmental Science, 421(4), 042018. https://iopscience.iop.org/article/10.1088/1755-1315/421/4/042018/meta

Irtyshcheva, I., Stehnei, M., Popadynet, N., Bogatyrev, K., Boiko, Y., Kramarenko, I., Senkevich, O., Hryshyna, N., Kozak, I., & Ishchenko, O. (2021). The effect of digital technology development on economic growth. http://dspace-s.msu.edu.ua:8080/handle/123456789/7818

Lai Youwei, Zhou Haiwei, & Li Jiwei. (2022). Understanding China’s ‘Generation Z’ and Embracing the New Wave of Consumption.

Guo, W. (2014). Analysis of the development of O2O mode of fresh food e-commerce in China.

Chuang, J., & Xu, S. (2016). Survey Research on Customer Satisfaction of Hanting Hotel Group Purchase under O2O Mode.

Yuan, W. (2015). Research on China’s Tourism E-commerce Development Based on O2O Model.

Liu, W., He, K., & Ding, F. (2015). Countermeasures Research on the Development of Catering Takeaway Industry Based on O2O Mode.

Horrigan, J. O. (1968). A short history of financial ratio analysis. The Accounting Review, 43(2), 284–294.

Alepu, K. G., & Healy, P. M. (2013). Business analysis and valuation: Using financial statements text and cases.

Xie, Q. (2023). Financial Analysis of Wuliangye Group based on Harvard Analytical Framework. Scientific Journal of Economics and Management Research Volume, 5(1). https://www.sjemr.org/download/SJEMR-5-1-17-23.pdf

Yang, C., & Yang, L. (2024). Case Study of Financial Situation Based on Harvard Analysis Framework: Taking Huadong Medicine Co., Ltd. As An Example. Frontiers in Business, Economics and Management, 14(1), 11–18.

Li, X., Cai, Z., Wu, X., & Chen, L. (2021). Investigation of Financial Statements Under the Framework of Harvard Analysis. International Journal of Scientific Advances, 2(1), 85–87.

Chi, W. (2024). Application of Harvard Analytical Framework in the Game Industry: Take NetEase as an Example. SHS Web of Conferences, 181, 01040. https://www.shs-conferences.org/articles/shsconf/abs/2024/01/shsconf_icdeba2023_01040/shsconf_icdeba2023_01040.html

Shi, D., & Wang, B. (2019). Global Harvard Analytical Framework: Literature Review and Research Outlook.

Zhang Xinghua. (2024). 2023 China Economic Report. https://www.gov.cn/lianbo/bumen/202401/content_6926483.htm

Tian, F. (2024). Study of Consumer Behavior Based on Generation Z Self-Theory.

Sun, S., Cegielski, C. G., & Li, Z. (2015). Amassing and Analyzing Customer Data in the Age of Big Data: A Case Study of Haier’s Online-to-Offline (O2O) Business Model. Journal of Information Technology Case and Application Research, 17(3–4), 156–165. https://doi.org/10.1080/15228053.2015.1095017

Maier, M., & Ebrahimzadeh, A. (2019). Toward the Internet of No Things: The Role of O2O Communications and Extended Reality (arXiv:1906.06738). arXiv. http://arxiv.org/abs/1906.06738

Liu, J. (2021). Comprehensive Financial Analysis of Meituan Based on Harvard Framework.

Rusch, M., Schöggl, J., & Baumgartner, R. J. (2023). Application of digital technologies for sustainable product management in a circular economy: A review. Business Strategy and the Environment, 32(3), 1159–1174. https://doi.org/10.1002/bse.3099

Downloads

Published

15-05-2024

Issue

Section

Articles

How to Cite

Fu, T. (2024). Application of Harvard Analytical Framework to O2O Platforms of Generation Z: Take Meituan as an Example. Frontiers in Business, Economics and Management, 15(1), 306-311. https://doi.org/10.54097/wcs6mx70