Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
Ecommerce
E-Commerce or E-business can be simply defined as business-to-consumer and business-to-business commerce conducted by way of the Internet or other electronic networks (Merriam-Webster, N.d.). There are many differences between e-commerce and the traditional brick and motor stores that drove business completely before the advent of the digital sphere. One primary difference is that you are not able to see the product in person during the purchase. This may not be of critical importance if the purchaser already has knowledge of the product. For example, say that you have been drinking the same brand of coffee for ten years. You probably wouldn't have a preference to whether the coffee came from a brick and mortar store of an e-commerce site, so long as you had the coffee when you wanted to drink it. However, with items that you are not familiar with, such as new clothes, shopping online might be far more difficult.
Other differences are that with ecommerce you do not actually have to visit a store. You can generally shop anywhere that has an internet connection including most modern smartphones. However, at the same time, even though you can shop from virtually anywhere there is generally a wait time associated with e-commerce because you have to wait for the product to be shipped to you. This wait time closes the door for many impulse purchases as well as for purchases that are needed immediately. Yet, if you have enough time to wait for a product and you already know what you want, online shoppers can generally save a considerable amount of money by comparing prices and shopping online.
SWOT Analysis
Figure 1 - http://www.urbangardensolutions.ca/
The website chosen, Urban Garden Solutions, is a great example of a small website that generates its business by serving a niche market. Its target market is composed of people in urban settings that would like grow their own fruits and vegetables but might not know how. Thus the value added portion of this business is generated by helping this target market by offering a niche product offering, recipes, and instructions to help people get going.
Strengths
Niche Oriented
Informational
Simple
Weaknesses
Expensive
Limited Products
Rudimentary Web Site
Opportunities
Diversify Products
Develop Site
More Marketing
Threats
More Competition
Lack of Exposure
People Purchasing Locally
McDonald's CORPORATION Business Analysis Part One McDonald's Corporation McDonald's corporation currently is the largest in fast food restaurants chain in the world, mainly selling hamburgers, French fries, cheeseburgers, soft drinks and breakfast. In the recent past the fast food has added on its menu fruit and salad. The business was started in 1940 by Dick and Mac McDonalds in California. The corporation has grown steadily and when it started being a franchise in
Liz makes this statement in her speech along with the concept of building a better mousetrap. At the center of the lack of focus on strategic planning, Liz isn't ca0pturing what makes her business unique, differentiated and inherently more valuable that competitors. The problem is one of myopic focus on the business that gets in the way of seeing the potential to use customer experience as a valuable differentiator
Ford Motor Company Business Analysis Ford Motor Company Ford Motor Company is 4th on Fortune 500 List and 4th on Global 500 List and is the 2nd largest auto manufacturer in the world. Ford Motor Company has the advantage of Ford Motor Credit however, due to Firestone tire recalls the prices are the lowest prices in years with cash reserves sunk to $4.1 billion and $13 billion on acquisitions with $3.5 billion
The sixth point is that they accept credit cards and other cards, so that the customers find it easy to pay for the purchase, and the company also can ensure that they do not end up losing any money due to cheating by the customers. All these points are important and have to be covered within the plans for the new organization of instantwheel.com. Even with this, since this
Retail Business Analysis: Wal-Mart Marketing Tactics Why does a business need a marketing strategy? The basic answer is simple: to generate sales. However, the manner in which a business goes about developing its marketing strategy can differ significantly from one business to another. In order to understand what type of marketing strategy works best for a certain company, one must first understand the basics of each specific strategy along with viewing
This is recognized by the stock market and J.P. Morgan has upgraded express mail services provider United Parcel Service, Inc. In order to overweight from the neutral level, with the statement that it believes the company is being positioned for new momentum. (Market Pulse: UPS upped at J.P. Morgan, renewed momentum seen) Thus the faith in the organization exists even among experts. Conclusion: The management of the company is aware of