874 results for “Online Shopping”.
There is no gasoline expense and no chance of an accident. Online shopping can also be done just about any time, day or night, and it does not matter whether a brick-and-mortar store is open (Hong, Thong, & Tam, 2005). This makes it much more convenient than traditional shopping for a lot of people. The problems with online shopping include a danger of credit card information being stolen, a possibility of merchandise being damaged in shipping, and the fact that a person cannot touch and carefully examine the merchandise before he or she agrees to buy it (Hong, Thong, & Tam, 2005). Of course, it can be returned, but waiting for it to come in, sending it back, and waiting for it to come in again can take a very long time and be frustrating. Some places also will not pay for the return shipping, so it might end…
Bibliography
Hong, W., Thong, J.Y.L., & Tam, K.Y. (2005, Winter). The effects of information format and shopping task on consumers' online shopping behavior: a cognitive fit perspective. Journal of Management Information Systems, 21(3).
(You can add it anywhere to the Op-Ed, would fit best at the end) Although brick-and-mortar shopping seems here to stay, it has definitely been threatened by the online shopping model. As Wallace points out, more than half of American consumers prefer to shop online, and almost all (96%) of Americans who have any Internet access have made an online purchase. Most Americans (80%) have ordered something online in the past month (Wallace 1). The number of Americans who prefer to shop online is even greater for young people, with 67% of Millennials preferring online shopping to going to a store. The reasons for preferring online shopping include convenience and time savings, although Millennials do spend about six hours per week shopping online (Wallace 1). Online shopping with major retailer like Amazon also makes it easy for people to buy everything they need in one place, all without leaving the comfort…
References
Gilreath, Dave. “Online Shopping Hasn’t Killed Brick-and-Mortar Retailers.” ABC News. Retrieved online: http://abcnews.go.com/Business/online-shopping-killed-brick-mortar-retailers/story?id=50367943
Here again the consultant may need to provide proper advice. The plan for growth and traffic peaks has to be made before they occur, and for help during difficulties it is important that the supplier is available at that time. In the case of America's Gardening resources, the traffic during their peak season became more than 11 times the traffic that they have during normal seasons. (Gardener's Supply) This is an important point that has to be decided before the consultant is chosen.
There are different types of technology that can be used and some are by Microsoft and others are on open source like Linux operating system, Tomcat application server and Apache Web server. Some of the experts are now capable of building, refreshing or reconstructing the e-commerce site of its clients with software which is totally open-source and this will avoid all software licensing costs when the site…
References
E-Commerce. Retrieved at http://www.clever4.net/webdesign/ecommerce.aspxAccessed on 7 August, 2005
Sell your products online with MonsterCommerce Shopping Cart Software! Retrieved at http://www.monstercommerce.com/?utm_source=business&utm_medium=ppc&utm_term=ecommerceAccessed on 7 August, 2005
Web retailers go open-source. 23 February, 2004. Retrieved at http://www.computerworld.com/developmenttopics/development/story/0,10801,90366,00.html . Accessed on 7 August, 2005
Port City Web. 10 February, 2005. Retrieved at http://www.portcityweb.com/company_press.asp?press=02102005 . Accessed on 7 August, 2005
Amazon Shopping
Amazon.com is a great website for finding and purchasing consumer items that you used to have to leave the house to get. It is especially helpful for locating and perusing books before you buy them. Amazon typically allows users to "look inside" a book that is available for purchase from its website: this is like being in a book store and skimming a book to see whether or not you want to buy it ("The Say, I Say: The Moves that Matter in Academic riting -- Second Edition"). But Amazon allows you to do a lot more than just locate the item you want: it allows you to find the best price available, from various distributors, of the item you want, new or used. You can shop first-hand or second-hand products. You can stream movies. You can even sell your own items. Amazon is a one-stop website for…
Works Cited
"The Say, I Say: The Moves that Matter in Academic Writing -- Second Edition."
Amazon. Amazon, n.d. Web. 24 September 2015.
Big Data Shopping
Big data is a relatively recent concept in the marketing world, that describes the process of analyzing massive data sets to unearth trends. The data sets are so large that it would be almost impossible to find such trends without high-powered analytical technology. Big data has been facilitated by the ability to gather massive amounts of information about consumer profiles and shopping trends. The primarily facilitators of big data collection are credit card companies and online companies like Google and Facebook that track people's purchasing and computer usage patterns. Big data has been used in a lot of different industries to revolutionize everything from health care to manufacturing to government (Manyika, et al., 2011). etailers use big data to better understand the "path to purchase" and then adapt their strategies to take advantage of this keener understanding (Macy, 2013). Some retailers have found that the use of big…
References
eMarketer. (2013) Big data helps reveal consumer behavior. eMarketer.com. Retrieved December 11, 2013 from http://www.emarketer.com/Article/Big-Data-Helps-Reveal-Consumer-Behavior/1010357
eMarketer. (2013). What do marketers want from big data? eMarketer.com. Retrieved December 11, 2013 from http://www.emarketer.com/Article/What-Do-Marketers-Want-Big-Data/1009798
Ford, K. (2013) How to harness big data for better holiday shopping experiences. Marketing Profs. Retrieved November 13, 2013 from http://www.marketingprofs.com/articles/2013/11924/how-to-harness-big-data-for-better-holiday-shopping-experiences
Hockenson, L. (2013). How big data makes shopping online suck less. Gigaom. Retrieved November 13, 2013 from http://gigaom.com/2013/11/06/how-big-data-makes-shopping-online-suck-less/
Why the Growth of Online Shopping Will not Lead to the Demise of Brick and Mortar Stores
“Among other offerings, consumers will need to patronize brick-and-mortar stores for the unique experience—an item that simply cannot be found online.”
The number of online shoppers has been steadily growing over the last two decades. In addition to saving time, online shopping is immensely convenient – all a customer has to do is logon to a retailer’s website, select the items he or she is interested in, make payment, and voila! The items will be delivered home without the shopper ever leaving the house, or even bed! Why then would someone go to a physical store to queue, beat the traffic back home, and waste valuable time when a better way to shop is readily available thanks to the internet and ecommerce apps? The death of in-store shopping is nigh, right? WRONG!
While it is true…
This can lead to social isolation and increased depression, which then leads to more shopping. People that are addicted to online shopping find themselves in a vicious cycle that is often hard to break. The best way to deal with a shopping addiction is to get therapy. Shopping addicts need to have their deeper issues dealt with by a professional counselor because it is thought that shopping is merely a symptom of a more serious psychological problem (Shopping Addiction 2008).
eferences
Karimi, Sabah. (2007), How to Develop an Online Shopping Addiction, Associated Content, acesses 9 April, 2009 http://www.associatedcontent.com/article/250895/how_to_develop_an_online_shopping_addiction.html?cat=15
Oniomania-Shopping Addiction (2008), City Vision College, accessed 9 April, 2009,
Shopping Addiction (2008), 123Step.com, accessed 9 April, 2009,
References
Karimi, Sabah. (2007), How to Develop an Online Shopping Addiction, Associated Content, acesses 9 April, 2009 http://www.associatedcontent.com/article/250895/how_to_develop_an_online_shopping_addiction.html?cat=15
Oniomania-Shopping Addiction (2008), City Vision College, accessed 9 April, 2009,
Shopping Addiction (2008), 123Step.com, accessed 9 April, 2009,
Online Shopping Can Be Safe
There are definitely risks associated with online shopping. There have been many cases of hackers gaining access to shoppers' personal information. One case that just happened recently and has flooded the airwaves was Target who was hacked on December 18th, 2013. The company had over seventy million people with their names, home addresses, email addresses and phone numbers stolen and an additional forty million debit card credit card account information stolen as well (Malcolm, 2014).
Target, after acknowledging that as many as 110 million customers had personal information and card data stolen, said it would speed up its adoption of more secure payment technology. Suddenly, banks were being pressured to issue customers new cards with microchips, which have been used in Europe for more than 20 years. Congressional committees asked, with urgency, what more could be done (Malcolm, 2014).
Now many banks and retailers are trying to push…
Works Cited
Garver, A. (2012, September 11). Top 5 Dangers Of Online Shopping And Precautions To Take On Cyber Monday. Retrieved from Forbes: http://www.forbes.com/sites/abegarver/2012/09/11/the-top-five-dangers-of-online-shopping-precautions-to-take/
Malcolm, H. (2014, February 24). Merchants look for new and improved payment technologies. Retrieved from USA Today: http://www.usatoday.com/story/money/business/2014/02/22/retail-hacks-security-standards/5257919/
Online vs. Traditional Shopping
The tremendous growth of the Internet over the past decade has given a significant boost to e-commerce and made online shopping a part of every-day experience of many people. However, since online shopping is still a relatively new phenomenon, and has its advantages as well as disadvantages, it has not yet realized its full potential. In this paper, I shall compare and contrast online and traditional retail shopping; look at some of the reasons that drives consumers to shop online and discuss which shopping experience is more satisfying.
The Advantages
Online shopping provides the convenience of shopping from the comfort of one's home 24 hours a day, 7 days a week -- since online stores never close. It enables a customer to avoid braving the weather, the hassles of navigating traffic or trying to find parking places -- common requirements of traditional retail shopping.
Online shopping provides an enormous variety…
References
Gilman, Alan. (1999). "The GC Tech.net guide to online shopping: The Advantages."
Gilman Computer Technologies. Retrieved on June 27, 2004 at http://www.gctech.net/textsite/advantage.html
Granovsky, Nancy (2000). "Consumer Decision Making Contest 2001-2002 Study Guide: Online Shopping." Retrieved on June 27, 2004 at http://fcs.tamu.edu/monman/consumerdecmaking2001/studyguidespdf/onlineshop.pdf .
This is also true of mail-order shopping
Moreover, it is also possible to conduct a product search online, research the product, locate the lowest price, and then look for it at the mall in person to examine it physically. If the product is cheaper online, the consumer can then make the purchase saving money and making no greater effort than just going to the mall to shop for the same item in the first place.
Another common objection to online shopping is that the buyer must rely on the trustworthiness of the seller. That is true but with a few basic precautions, the consumer can reduce any risk of fraud or dishonesty to an entirely acceptable level. First, consumers should always use a credit card because credit card companies protect their customers from fraud and will reverse charges incurred through any fraudulent transaction. Second, consumers should use the same search methods that they use to research products…
Technology vendors that specialize in online security continually are augmenting online verification and validation technologies to overcome this threat, yet there is still the issue of how to generate and sustain trust over time with customers online. A second disadvantage is the lack of accuracy in sizes and colors, despite advances in this area technologically there is still the problem of "Extra Large" having different meanings to different people. The challenge when purchasing online is to interpret what an online retailer is saying on their website relative to the consumers' requirements. Third, many online retailers do not have a returns policy that is realistic, meaning they in many cases will not accept returns that may not fit correctly as portrayed on their website, or require customers to pay for shipping and restocking charges. Fourth, it's often up to the consumer to make sure the package is insured, as many…
References
Neil Buckley (2004, November 29). Internet shopping - the sequel: Four years after the bubble burst, e- tailing is back. But this time the stars are not start-ups but traditional retailers::[LONDON 1ST EDITION]. Financial Times, p. 10. Retrieved December 12, 2007, from ABI/INFORM Global database. (Document ID: 748330821).
Ronald E. Goldsmith, Elizabeth B. Goldsmith. (2002). Buying apparel over the Internet. The Journal of Product and Brand Management, 11(2/3), 89. Retrieved December 13, 2007, from ABI/INFORM Global database. (Document ID: 252455661).
Ronald E. Goldsmith, Leisa R. Flynn. (2005). Bricks, clicks, and pix: apparel buyers' use of stores, internet, and catalogs compared. International Journal of Retail & Distribution Management, 33(4), 271-283. Retrieved December 16, 2007, from ABI/INFORM Global database. (Document ID: 862987661).
Jung-Hwan Kim, Minjeong Kim, Jay Kandampully. (2007). The Impact of Buying Environment Characteristics of Retail Websites. The Service Industries Journal, 27(7), 865. Retrieved December 15, 2007, from ABI/INFORM Global database. (Document ID: 1343723261).
Shopping online has many benefits and advantages as compared to going to an actual store. One of the biggest advantages is that you can see many different products in much less time (Prussakov & Kaushik 2008). However, with the benefit of so many online stores comes some apprehension. There are literally tens of thousands of online shopping sites -- with more being added every single day (Lynn 2006). ith the benefit of so many choices comes a bit of an overload of information. Yet despite this overload of information, one only has to know how to navigate their online shopping experience in order to make the best of their shopping adventure.
Shopping online is an incredible way to shop because you can find pretty much anything you would ever want -- or anything you would ever need (or not need). A trip to the local mall to find something very specific…
Works Cited
Beshara, Tony. Acing the Interview: How to Ask and Answer the Questions That Will Get You
the Job. AMACOM. 2008.
Davis, Brian. Top Notch Interviews: Tips, Tricks, and Techniques from the First Call to Getting
the Job You Want. Career Press; 1st edition. 2010.
It is not only the shoppers who are satisfied but mall tenants as well.
In view of challenges facing shopping centers, there are several factors noted in contribution of intense and competitive environment within which shopping center managers operate. Some of these factors include overcapacity of shopping center and retail space, overlapping of merchandise offerings by different retailer formats and changing consumer lifestyle. In addition, modernization and evolution of technology also affects market share of this industry. It is currently subjected to new competitive threats from non-traditional sources such as the internet and other mode of non-store shopping. There were researches made that shoppers are finding that they do not have the luxury to spend time shopping or malling the as they once did. As a result, they go for the faster and most convenient way of shopping such as online shopping or home-TV shopping.
In these instances, it is best…
Bibliography:
DeLisle, James. "The Evolution of Shopping Center Research: A 12-Year Retrospective." 2005.
May 10, 2007. http://www.reuw.washington.edu/JSCR/2005Articles/JSCRV12
_2A1Retrospective.pdf
Hazel, Debra. "Brave New Format. Lifestyle centers look good, but are they earning their keep?"
Online Transaction Empowered by E-Currency Exchange without credit card
The growth of the internet on a public scale, since its arrival in the eighties has allowed businesses to expand internationally. User interactions are no longer restricted to the local level. Easy to use web interfaces allow voice, message and video-based conversations. Entrepreneurship is much easier than before as individuals can place their product catalogues on websites without much set up costs. Country specific currencies (such as the American dollar, Euro, upee etc.) tend to cause problems if users need to purchase something unavailable in their location. This led to the concept of 'E-Currency' which is geared towards online transactions as it removes usage limitations based on country or nationality. The popularity of this industry grew as a way of handling the restrictions imposed on global businesses. Privacy is a major concern in this regard since there are multiple web-based transactions involved.…
References
Christian, P.(n.d.) Speed-E-Money: A subsidiary of international load center. Retrieved from http://www.speed-emoney.com
n.a. (2002) Understanding the E-Currency and Exchange maker industries. Retrieved from www.financial-spread-betting.com/e-gold.pdf
n.a. (2011) Terms of service. Retrieved from http://www.e-currencybank.com/nview/title/Terms+of+services/?lang=english
n.a.(2011) E-Currency Fact Sheet. Retrieved from http://www.adl.org/internet/e_currency.asp
Despite this array of potential benefits I also came across numerous obstacles including risk issues that encompass security and privacy concerns. With this in mind when starting my own business I'll will focus to prevent and take every precaution possible to overcome and therefore give myself advantage over the competition.
Potential customers how many have you talked to?
While attending seminars, talking to friends and meeting new people during my research I spoke to at least 30 people.
A what did you ask them?
Did you shop online? How many times? What was your experience? Were you satisfied with the transaction? Were you satisfied with the product? Why do you shop online? What products do you buy online? What website do you use when shopping online?
A what did you find out?
According to my findings, although online shopping is already a multi-billion dollar industry, electronic commerce is still in its development stage. About 56%…
Shopping literally means giving some of your income for something that you want to possess. The medium of acquisition can range from cash to check book to credit card or to substituting something of value that you possess to something that the vendor will accept in exchange for the article.
The location too varies from the conventional shop / supermarket to a vendor or, nowadays, to online shopping. Shopping too can be done via the mail through catalogues; some say shopping can be achieved over the phone, too. The end-product also varies from something as complex as a computer or vehicle or house to shopping around for a type of service or labor. In the end, it means buying something from another. Some people shop only for products / services that they need whilst others enjoy shopping for the thrill of doing so accumulating seemingly unnecessary items. Either way, the…
Describe a hoped for outcome - Include an existing business or service that is similar or analogous to your ideas.
The hoped for outcome is that I become a savvy shopper, refraining from buying on impulse, buying wise and enduring purchases that are both quality and cheap and saving money over the long haul.
An existing business that is similar to my idea may be the Division of Consumer & Business Education (Federal Trade Commission http://www.ftc.gov/bcp/bcpocbe.shtm ) which serves to give consumers the tools they need to make informed decisions. This is not so much a business as a service / agency. There is also the BBB and then there are games and books on consumer education (see Amazon.com for instance.)
E-Commerce
A fresh channel of distributing personal information has been opened up by the internet. It is now the fastest developing electronic means of communication the world has ever seen. For instance, in the U.S. after the widespread use of electricity nearly 46 years later only 30% of American homes had access to electricity and almost 38 years elapsed before 30% of households had telephones with only 17% enjoying television. For a period of only 7 years another 30% had internet connection and after 5 years of exponential growth there was rapid expansion of fresh internet connection. More than five million Americans joined the communication superhighway in the first quarter of the year 2000 which translates into about 55,000 fresh users daily (Selis, amasasty, Kim, & Smith, 2003).
The quick spread and development of the internet has both pros and cons. The technological growth that makes it possible to get quick access…
References
Dai, B., Forsythe, S., & Kwon, W. (2014). The impact of online shopping experience on risk perceptions and online purchase intentions: does product category matter?, Journal of Electronic Commerce Research, 15(1), 13-24. Retrieved from http://www.csulb.edu/journals/jecr/issues/20141/Paper2.pdf
Kroft, S. (2009).The Data Brokers: Selling your personal information. Retrieved from http://www.cbsnews.com/news/the-data-brokers-selling-your-personal-information/
Marwick, A.E. (2014). How Your Data Are Being Deeply Mined. Retrieved from http://www.nybooks.com/articles/archives/2014/jan/09/how-your-data-are-being-deeply-mined/
Selis, P., Ramasasty, A., Kim, S., & Smith, C. (2003).Consumer privacy and data collection. Retrieved from http://www.atg.wa.gov/uploadedfiles/home/safeguarding_consumers/consumer_issues_a-z/corporate_responsibility/privacypolicy1.pdf
online retailing operates, what kind of problems they face and the kind of environment they operate in. The author has also focused on Asian online retailing and special focus on Hong Kong online retailing. It has 22 sources.
Access of basic necessities of life has followed the conventional method of buying and selling. This pattern changed in the last decade with the emergence of information technology age. When consumers have the ability to access information instantly, technologists thought why not access to products has as well. Thus emerged the concept of retailing online.
Online market had initiated with selling of information but today one can interact on the internet and buy physical products without any fear, atleast in some parts of the world. The main concern for consumers today is not whether their regions have access to the internet or not but rather focused on how fast and how online retailers…
Bibliography
Author not available, Poor Customer Service Kills Online Shoppers' Holiday Spirit, and Online Retailers' Bottom-Line, Says Jupiter., Business Wire, 12-19-2000.
Author not available, E-COMMERCE LEARNS FROM 1999 SEASON., United Press International, 12-26-2000.
Author not available, EXECUTIVE Business BRIEFING., United Press International, 05-02-2001.
Ricadela, Aaron & Mitchell, Gabrielle C. News: Electronic retailing proves tricky -- Allure of Internet sales leads to revenue-sharing ventures, partnerships with hosts., Computer Retail Week, 10-20-1997, pp 02.
Online Newspapers
The newspaper industry, picturesque for centuries, symbolized novelty marked by downright, clear-cut representation of information and news and painstakingly categorized. eaders got used to repose faith in some bylines and be aware of indications of prominence, like the blaring headline in the form of a banner. A good number of people think a computer screen can never take the place of a newspaper. Online newspapers are securing a position for themselves, particularly among the news hunters, the computer users, and the youths, who perceive the Internet as the practical medium for information and news. The online medium is befitting for the people who have treaded ahead of MTV, afar Entertainment Tonight and also further than wired journal. (The Online Newspaper: A Postmodern Medium)
With its predisposition to distort and combine media, the online newspaper is not as clear-cut as its print brethren, despite the fact that it has every…
References
Clark, Matthew. (2002) "Online newspaper readership climbs" July 10. http://www.electricnews.net/news.html?code=8117467Accessed on 20 October, 2004
Coats, Rusty. (2002) "Online Newspaper" Volume 1; Number 3. May.
A www.moriresearch.com/news/presentations/2002_Online_Consumer_Study.pdf Accessed on 20 October, 2004
Facts about newspapers - 2002 / Page I" Retrieved at http://www.naa.org/info/facts02/20_facts2002.html . Accessed on 20 October, 2004
Online Consumer Behaviors
Consumer Behavior
Consumer Perceptions of Online Shopping and how this Influences Purchasing Decisions
Exploring Online Consumer Behavior
Internet usage has increased rapidly in the past few decades. Accompanying this trend has been the increase in online retail shopping by consumers. However, many consumer behaviors, motivations, and attitudes toward shopping via this medium are still being researched and there are many opportunities for further research. This paper will examine the following research questions: (1) How do factors previously researched affect the online purchasing behavior of consumers and (2) what are the significant consumer behaviors both positive and negative that affect internet consumerism? The purpose of this research paper is to integrate the varied research information together and draw coherent linkages to how consumer thoughts, attitudes and motivational behavior affect online buying, thus building a broader framework of analysis in which to build upon. By identifying these relevant factors, a new research strategy…
References
Vazquez, D., & Xu, X. (2009). Investigating linkages between online purchase behaviour variables. International Journal of Retail and Distribution Management, 37, 408-419. doi: 10.1108/09590550910954900
Shopping
Online shopping is starting to replace traditional in-person shopping in many situations. Few stores can get away without an online presence of some sort, because consumers have come to expect the ability to shop from their own homes. Black Friday, the day after Thanksgiving Thursday, is known in the retail sector as the biggest shopping day of the year But Black Friday has a competitor, thanks to the online shopping revolution. That competitor is Cyber Monday. Cyber Monday is the online shopping version of Black Friday, with big bargains that drive consumer spending practices. Cyber Monday is now as important as Black Friday, primarily because online shopping has become more common. However, there are many differences between online and traditional shopping that are important to keep in mind, from the retailer's and the consumer's standpoints. For one, online shopping is a completely different user experience than shopping in a store.…
References
Sullivan, L. (2012). Online content discovery heightens traditional shopping. Media Post. Retrieved online: http://www.mediapost.com/publications/article/187303/online-content-discovery-heightens-traditional-sho.html#ixzz2EADiqYLX
Velasco, S. (2012). Cyber Monday, Black Friday sales strong. Do they matter? The Christian Science Monitor. 27 Nov, 2012. Retrieved online: http://www.csmonitor.com/Business/2012/1127/Cyber-Monday-Black-Friday-sales-strong.-Do-they-matter
Shopping Tourism in Hong Kong
Item Page Number
Tourism in Hong Kong
Shopping Tourism in Hong Kong
Urban Tourism
Destination Marketing
Shopping Tourism
Questionnaire Design
Shopping Tourism in Hong Kong
Shopping tourism is a major aspect of the global tourism trade and as such is an area of tourism that is and should be promoted by destination countries and locations. This is true for Hong Kong as well as in other locations throughout the world. Ashworth (1989) writes that urban regeneration and tourism have become critically important activities beginning in the 1980's. Ashworth specifically notes two elements that link the ideas of the city and tourism and which show the complex relationship that exists between the features of a city and the functions of tourism that serve to result in shopping tourism in the city. The first element is comprised by the specific characteristics of a city and how this serves to impact tourism activities. The second element is…
Bibliography
Cheung, Sidney (nd) Cultural Tourism and Hong Kong Identity. Department of Anthropology. The Chinese University of Hong Kong. Retrieved from: http://cuhk.orientalecom7.com/en/publish/workingpaper4.pdf
Discover Hong Kong by Rail (2012) Hong Kong Tourism Board. Retrieved from: http://www.discoverhongkong.com/eng/things-to-do/discover-hongkong-rail.html
Experience Unique Hong Kong (2012) Hong Kong Tourism Board. Retrieved from: http://www.discoverhongkong.com/eng/things-to-do/cultural-tours.html
Hong Kong Culture (2012) Tourism Asia Network. Retrieved from: http://hong-kong.tourism-asia.net/index.html
Shopping Touism Hong Kong
A study of shopping touism: Is Hong Kong a good place fo shopping?
Backgound to the eseach Issue 2
Discussion of elevant liteatue
Poposed eseach Methodology and analysis
Sampling Method
Demogaphic Chaacteistics
Analysis of the esults fom Suvey
Suvey Question 7- Who ae the main companions fo visit in HongKong?
Backgound to the eseach Issue
Within the past thee decades shopping touism at intenational level has been inceased hugely the eason being advancement in the ailine industy as well as lessening in taveling expenses. This is evident fom the latest data which shows that in 2008 intenational aival was 922 million which is an incease of 4.47% since in 2005 it was 800 million (UNWTO, 2009, p.4). Although wold economy faced economic ecession in 2008, yet it did not impact on the touism ate which inceased by 1.99% in the peiod of 2007-2008.
Touism now has become an industy which has a significant ole in the economic…
references and expenditure behaviors: the case of the Taiwanese outbound market. Journal of Vacation Marketing, 10(4), 320-332.
McCabe, S. 2009. Who is a tourist? Conceptual and theoretical developments. In J. Tribe (Ed.), Philosophical issues in tourism. (pp. 25-42). Buffalo, NY: Channel View Publications.
Mok, C. & Iverson, T.J. 2000. Expenditure-based segmentation: Taiwanese tourists to Guam, Tourism Management, 21(3), 299-305.
Oh, J.Y., Cheng, C.K, Lehto, X.Y. & O'Leary, J.T. 2004. Predictors of tourists' shopping behavior: examination of socio-demographic characteristics and trip typologies. Journal of Vacation Marketing, 10(4), 308-319.
Timothy, Dallen J., and Richard W. Butler 1995, "Cross-Border Shopping a North American Perspective." Annals of Tourism Research 22, 1 (1995): 16-34.
Many people who choose to eat at upscale restaurants consider themselves gourmets who enjoy showing off their knowledge of fine food by ordering dishes using correct French pronunciation or by knowing the difference between flambe and flame-broiled. To have the meal pre-ordered takes away the excitement of interacting with fellow foodies or people who enjoy such dining experiences. In addition, no online reservation service can routinely offer diners with table selection or other fastidious details that a live hostess or waiter can.
However, this service could appeal to event planners and people who are responsible for organizing and arranging meals for large amounts of people. By allowing people to order online, conference and other large event planners may be able to provide more flexibility in the menu offerings and hasten the ordering process by having drink, appetizer, entree and dessert choices in hand instead of having to collect even pre-ordered…
References
Andrews, Whit. (2000). OpenTable.com. Internet World 6.8: 32
Carlson, S. (2000). Internet Booksellers Rely on Low-Tech Legwork of Student Representatives. The Chronicle of Higher Education. 46.26
Fox, Susannah & Jones, Sasha (2009). Generations Online in 2009. Pew Internet & American Life Project.
Fox, Sasha & Vitak, Jenna. (2008). Degrees of Access. Pew Internet & American Life Project.
They worked with the FTC to define the following four Fair Information Practices, rules designed to prevent companies from abusing the information they receive through online profiling (Computer law tip of the week, 2000):
Rule 1 (Notice): A company must notify customers that it uses online profiling to track their online habits. If it collects personally identifiable information about customers, such as their names, addresses or telephone numbers, the company's website must clearly and unambiguously notify them of this fact before the company collects this information.
Rule 2 (Choice): Depending on the type of information a company collects, there must be opt-in and opt-out options. Opt-in, or obtaining the customer's permission, is required to link personally identifiable information that a company has about a customer such as name, address or telephone number with data acquired about Web surfing habits. Opt-out means that the customers have to be given the chance to…
Bibliography
Arnis, D. (2000, Feburary 1). Online profiling: A threat or a benefit?. http://www.netfreedom.org/news.asp?item=106
Berman, J. (2000, May 25). Privacy online: Fair information practices in the electronic marketplace. http://www.cdt.org/testimony/000525berman.shtml
Clickstream concerns. http://cse.stanford.edu/class/cs201/projects-00-01/cookies/index.html
Computer law tip of the week (2000, August 14). http://www.mgrossmanlaw.com/articles/2000/online_profiling.htm
, 2001). Based on the proliferation of the Internet and the near-ubiquity of personal computers in many affluent homes, these rates can reasonably be expected to have increased even further in subsequent years.
In fact, it would appear that the more people of both sexes are using the Internet for these purposes, the more ways they are finding to do so. In this regard, Green and her associates point out that, "The fact that one can access sexually related materials and interact with others anonymously on the Internet has opened the doors even wider. Using anonymous screen names, individuals can explore and express their sexual interests with little fear that friends, coworkers, or even spouses will discover their activities" (2001, p. 303). Furthermore, the individuals who participate in these encounters can do so with other anonymous individuals without the risks typically associated with face-to-face relationships; if an anonymous online relationship turns…
References
Benotsch, E.G., Cage, M., & Kalichman, S. (2002). Men who have met sex partners via the Internet: Prevalence, predictors, and implications for HIV prevention. Archives of Sexual Behavior, 31(2), 177.
Giuseppe, R., Tiziana, T., & Anolli, L. (2003). The use of the Internet in psychological research: Comparison of online and offline questionnaires. CyberPsychology & Behavior, 6(1), 73.
Green, A., Katelyn, S., Mckenna, Y.A., & Smith, P.K. (2001). Demarginalizing the sexual self. The Journal of Sex Research, 38(4), 302.
Hill, R.J. (2005, Spring). Poz-itively transformational: Sex workers and HIV / AIDS education. New Directions for Adult and Continuing Education, 105, 74.
online consumer reviews from the consumer's perspective.
Online consumer reviews are often the first way that a consumer will learn about a new product or service. The pros of online consumer reviews include receiving potentially unbiased information about a product or service. The cons of online consumer reviews include their increasing lack of credibility as more companies are resorting to tactics like paying bloggers for positive product reviews, paying writers to write positive Amazon reviews, and the inability to genuinely decipher the difference between a trustworthy and untrustworthy review. Paid or compensated reviewers are becoming increasingly savvy in their presentation of material. By inserting a few objective or even critical comments amid a sea of positive information about the brand or specific product, the paid reviewer engenders trust and therefore creates an illusion of credibility. The ill informed consumer might be prone to trusting the paid reviewer because of the lack…
There are additional verification services for security in addition to interactive chat between buyers and sellers as well. eBay, Priceline.com ad Skyauction.com all use multiple layers of security to ensure fraud does not occur in their sponsored transactions. In reviewing potential flights on skyauction.com it is clear that going directly to an airline's website and shopping for specials can actually save money. It is apparent that the costs of running the site are included in the fees as well. Overall, if the deal was good enough for a flight and the security of the site could be verified, using an auction site would save a significant amount of money. Yet the risks associated with any online transaction with an unknown seller would have to be weighed against the benefits on a transaction basis. In other words I would be very careful about using an online auction site until I…
References
Dimitris Bertsimas, Jeffrey Hawkins, Georgia Perakis. (2009). Optimal bidding in online auctions. Journal of Revenue and Pricing Management, 8(1), 21-41.
Li-Chang Hsu, Chao-Hung Wang. (2008). AA Study of e-Trust in Online Auctions. Journal of Electronic Commerce Research, 9(4), 310-321.
Barbara B. Stern, Maria B. Royne, Thomas F. Stafford, Carol C. Bienstock. (2008). Consumer acceptance of online auctions: An extension and revision of the TAM. Psychology & Marketing, 25(7), 619.
When searching for an item, the website will be designed in such a way that it will suggest some similar items for customer with different color, size, prints and designs. Similarly, the website will be designed to create a unique user profile, and the more customers log in, the more accurate the website will create their profiles. In their profile, customers will provide information on the items they like and the items they do not like. Thus, the user profile will be a system that would know each customer's sizes, and in different brands and this strategy will create a brand advantages for luxuriousimplicity.com.
Typically, luxurioussimplicity.com has some unique features generally different from websites such as Gilt.com or Zappos.com. The features of luxurioussimplicity.com will assist customers to locate what they are searching without problem. More importantly, luxurioussimplicity.com will differentiate itself by offering unique shopping experience for customer due to its…
Reference
Australian Government Initiative.(2010). Business Plan template. Australia.
Appendices
Appendix 1: Diagram of the Home Page of Luxurioussimplicity.com
Dresses | Sexy Lingerie | Handbags | Jewelry | Beauty & Care | Women's Shoes Advanced Search
Harmony, History, Shopping & Digital Privacy
HARMONY, HISTORY, SHOPPING
Growing numbers of people are turning to online access for a number of rather ordinary activities. And increasingly they are learning that in doing so they are becoming involved in a world of business and to some extent deception that is at best built on a rather fragile foundation of trust and market forces. We have known for some time that as users of the virtual universe of opportunities, we are sharing with others information about us and what we want. ut the extent to which this information is otherwise being used has been left in the hands of a relatively unguarded concept of openness and honesty. We seem to like the idea of putting ourselves out in the world to see what happens of its own accord, no matter whether we are looking for love, our family's past or good shopping deals.…
But this search for convenience has tremendous disadvantages that we often easily overlook. Clearly, it involves giving away information whose value we have little appreciation for. But just as importantly, we do this without recognizing that those who gather this information do so with the intention of reshaping our future. They use the information to determine where we might like to go in future searches for information. The privacy pages of sites like Ancestry.com (2012), as one example, openly tell us if we read them that their software is using the information they give us to decide what we might like -- effectively cutting out the world of luck or chance in the searches we seem to want to make for ourselves.
PROTECTIONS: For the most part the experience of exploring the virtual world of access is very much like the adventure itself: it is built on us having a sense of trust that the system itself will guard our interests. Most advanced nations have some acceptance in core human rights being based on people being free to exploit their own privacy; but how this happens in practice remains unclear. So what we find is that collectively we seem to use the power of our numbers and this interest in privacy to be its own source of protection. There are consumer protection laws and common sense rules (Privacy Rights Clearinghouse, 2011), and these make up the majority of what we count on for protections.
Mostly though we trust that if people or businesses do something with the information that we provide them that is not as expected, masses of people -- usually through the media -- will create a
Americans and Canadians Differ in their Online Spending Habits?
It is no secret that the economies of most industrialized nations have been sluggish over the first part of the 21st century. However, consumer confidence in North America may be on the rise. For instance, according to a March 2012 euter report consumer confidence for Americans and Canadians remained stable as 26% of Americans (the highest level in over a year) and 28% of Canadians believed that their economies would improve over the next year. These figures are taken from the BC U.S. Consumer Outlook Index and the BC Canadian Consumer Outlook (BC COI and BC CCO respectively; euter, 2012). Of course this is really not as optimistic as the researchers depict it, because 26 or 28% does not represent a majority. Therefore, the real news is that the majority of citizens in these countries DO NOT believe there economy will…
References
Miller, G.E. (July 5, 2011). U.S. Vs. Canada consumer spending: Who is more budget savvy? In 20 Something Finance. Retrieved April 18, 2012, from http://20somethingfinance.com/u - s-vs.-canada-consumer-spending/.
Reuters (March 22, 2012). Canadians and Americans share more than a border - we have similar concerns about economy, employment: RBC. In Reuters. Retrieved April 19, 2012 from http://www.reuters.com/article/2012/03/22/idUS81116+22-Mar-2012+PRN20120322 .
El Mall
The main point that Arlen Davila makes in chapter two of El Mall: The Spatial and Class Politics of Shopping Malls in Latin America is that Latin American professionals are looking to ICSC for guidance on education and training in the shopping mall sector. Yet, the naive assumption that is being made is that Latin Americans and North Americans operate and manage exclusively -- i.e., in different ways that are not really interrelated. What Davila shows is that instructors are not attuned to the facts that scholars have uncovered -- namely that "the intimate and the economic and business realms are never mutually exclusive or in direct opposition to each other and that capital always draws strength from and reproduces itself through close-knit relations" (p. 66). The main components of this argument are that:
• 1) shopping malls have truly become international
• 2) Latin American professionals are eager for training
•…
Marketing
Schroder and Zaharia (2008) looked at the buying habits of retail consumers in Germany, in particular how consumers behaved with respect to multi-channel shopping. They had noticed a trend that retailers were running multiple channels, and that there were times when these channels would complement one another. An example would be a company that has an online store and bricks-and-mortar stores. A consumer might research the product in one, and then purchase in another. The authors looked at the flow of information from company to consumer, and how consumers used that information in their purchasing habits.
Multi-Channel etailing
One of the core concepts of the paper is multi-channel retailing. etailers have utilized multiple channels for decades, but the issue has become more prominent with the advent of online retailing. Online retailing has lowered the barrier to entry to retailing, so that most offline retailers now have an online shop of some sort.…
References
Schroder, H. & Zaharia, S. (2008). Linking multi-channel customer behavior with shopping motives: An empirical investigation of a German retailer. Journal of Retailing and Consumer Services. Vol. 15 (2008) 452-468.
Besides that, the Costco site is very much like the Omegaxl site in that any additional information is provided through clicking a link; this is unlike Amazon where all the information is presented on the same page. Costco provides no immediate facility at the primary page for checkout or purchase. Hence, to do so requires that you select the item and them you are given checkout or purchasing options.
The shopping experience on the Costco site is the dullest of the three some may say it is the simplest. While the user experience is not bad it is arduous, as you have to make one click too many to access the information you really want. The absence of testimonials or product reviews on the main page is a letdown and the site could do more to provide product reviews, which assist in decision making. When shopping online, product reviews and…
References
Brynjolfsson Erik & Smith Michael D. (2000). Frictionless Commerce? A Comparison of Internet and Conventional Retailers Management Science, 46(4):563-585
Danaher, P.J., Wilson, I.W., & Davis, R.A. (2003). A Comparison of Online and Offline
Consumer Brand Loyalty Source: Marketing Science, 22.(4): 461-476.
Filson, D. (2004). The Impact of E-Commerce Strategies on Firm Value: Lessons
The company shall have sales section, which shall be in charge of reaching market already created by the marketing team. We shall employ gorilla tactics whereby sales people are send to the client premises to discuss and delivery the service or make a deal.
The Biz online shall also have a group of sales representative based in the office. These sales representatives shall be tasked with outsourcing potential clients' telephone number and calling them. However, we intends to sale most of our services through online. Every client who would like to buy any of our services could simply login on our system and make payment through their Visa cards. Finally, Biz online intends to have a sales desk in the office as its long time objectives, to listen to clients, call clients and solve their query amicable.
Sales Forecast
No/S
Description
1st Year
2 nd
3 rd
1
Coupon Sale
$1,000
$1,500
$2,000
2
Web site promotion
$500
$1,000
$1,500
3
Facebook & twitter promotion
$1,000
$1,500
$2,000
4
Gift and after sales…
Strategic ecommendations for Walmart.com to be ahead of Amazon.com
Walmart is a U.S. multinational retail company operating a chain of hypermarket, grocery stores, and discounted stores. The company operates under different brands using Walmart for the United States and Canadian brand, Best Price in India, ASDA in the UK, and Seiyu in Japan. By June 2016, Walmart is the largest retail store by revenue with revenue of $482.1 billion and net income of $15.08 billion. Despite the success of Walmart over the years, the company has still recorded poor performances in e-commerce compared to Amazon.com. While Walmart has launched the online business more than 15 years ago, the company is still struggling in the online business. The revenue realized from the online sales is still insignificant compared with the revenue realized from the in- stores.
Objective of this paper is to provide the recommendations for Walmart Executive to improve their performances in…
Reference
McIntyre, D.A. (2016). Walmart Online Sales Remain Tiny Fraction of Revenue. Wall Street Journal.
Michael, A. Hitt, R. Duane, I. et al. (2016). Strategic Management: Concepts: Competitiveness and Globalization. Cengage Learning.
Online
Consumers and the Co-Creation of Meaning in Online Settings: Practices and Implications for Online Business
To say that the Internet has changed the way in which business is conducted would be to grossly understate the transformation that has taken place in the last decade or so due to the spread of Internet technologies and the growth in online capabilities for both businesses and consumers. Price comparisons, shopping with companies around the world from the comfort of one's own home, and a host of other consumer activities that greatly increase consumer power and thus business competitiveness in almost any industry. On the business side of the equation, Internet capabilities enable faster communication between warehouses/suppliers and factories/retailers, meaning business processes that are leaner and more efficient are now possible, quality and consistency across networks are more controllable, and a variety of other processes can be enhanced in many ways. These new capabilities…
References
Hatch, M. & Shcultz, M. (2010). Toward a theory of brand co-creation with implications for brand governance. Journal of Brand Management 17: 590-604.
Katz, J. & Sugiyama, S. (2005). Mobile Phones as Fashion Statements: The Co-creation of Mobile Communication's Public Meaning. Mobile Communications 31(1): 63-81.
Maglio, P. & Spohrer, J. (2008). Fundamentals of service science. Journal of the Academy of Marketing Science 36(1): 18-20.
Payne, A., Storbacka, K. & Forw, P. (2008). Managing the co-creation of value. Journal of the Academy of Marketing Science 36(1): 83-96.
Shopping
Hudson, K. And Zimmerman, A. (June 27, 2007). Big Boxes Aim to Speed Up
Shopping. The Wall Street Journal. etrieved from:
http://online.wsj.com/article/SB118291052567149558.html
Over the past several decades, retail automation has continued to advance. Self-checkout will become more commonplace, and consumers are increasingly becoming used to checking and bagging their own items. There is, however, a considerable debate regarding the merits of self-checkout. One side, the merits seem endless: efficiency, time savings, convenience, and thus increased sales. However, most retailers note that although most people are lured to the self-checkout line in the hopes they will save time, they actually end up with more delays (wrong product codes, missed items, items that weigh incorrectly, etc.). This tends to have the opposite effect upon clients, but also provides an interesting conundrum to the idea of speeding up shopping with new and innovative measures (Fairfax, 2007).
Hudson and Zimmerman note that Wal-Mart, the world's largest retailer,…
REFERENCES
Amazon.com
Fairfax, L. (June 27, 2007). The Self-Checkout Debate. The Conglomerate. Retrieved from:
http://www.theconglomerate.org/2007/06/the-self-checko.html
Hudson, K. And Zimmerman, A. (June 27, 2007). Big Boxes Aim to Speed Up
Online Newspapers
For your information-Table of Contents provided at the end of the paper =Not a part of this paper- Extra information provided
eaders' response to online newspapers
The age of the internet has revolutionized the methods of communication and information exchange. A great deal has changed in the last decade with the information technology explosion. With more accessibility and economical port charges internet has made its presence felt in a number of avenues ranging from corporate desks to common households. This has enabled speedy communication procedures such as email, conferencing, instant messaging, web telephony, video conferencing and so on. Information that was hitherto difficult to access and obtain suddenly became available a click away. With increased usage and application of the internet and other virtual private networks (VPN), information was readily and easily available on the desktop. A user had little or practically no need to leave the confines of his…
online networking for small supermarkets. Using literature on the subject of networking and supermarkets the author of this paper presents an argument in favor of forming a supermarket group of network ability.
During the past few years, focus seems to have moved away from small business and moved toward large conglomerate organizations instead. One example of this can be found in small supermarkets. Family owned supermarkets were at one time a staple in America. Family owned supermarkets were close to the house, the clerks and management knew the names of one's children and remembered what one's favorite type of cheese and laundry detergent was. As larger supermarkets continued to build stores nationwide the small family owned stores found themselves unable to compete with convenience. In addition financial considerations began to appear. The small individually owned supermarkets were unable to purchase stock in the large quantities that garnered large discounts. The…
References
Catalina Marketing Corporation And Coinstar Inc. Announce Partnership To Distribute Online Coupons
PR Newswire; August 3, 1998
Hands-on GENERATION.(Asher's Chocolates)
Candy Industry; February 1, 2001; Pacyniak, Bernard
exchange of currency have proliferated the Internet marketing world. Customers have faster and easier access to methods of exchange, deposits and payments, than ever before and the changes have come rapidly as more and more Internet commerce demands more and more ease of exchange. A global economy requires global economic infrastructure solutions to exchange of funds and to a large degree the Internet market has answered the call for change and availability of services. Yet, the substantial growth of Internet sales has also, arguably caused the growth of subsystems and infrastructural shifts that might not have been implemented with full knowledge of the implications of such actions. With security at risk and issues of currency exchange rates, not to mention global monetary regulations consumers must be aware of the type of services they are using and the way it might affect the efficacy of their transaction.
Internet Marketing not only…
Plander, B. "Credit Card Processing" http://www.west-wind.com/webconnection/MerchantProviders.asp
Phase 5 "RBC Case Study" http://www.phase-5.com/p5-case_studies/bank_tracking.php
Hoovers Online "Fact Sheet PayPal" http://www.hoovers.com/paypal/--ID__61321 -- /free-co-fin-factsheet.xhtml
Distance learning is a new scheme or mode of transferring and acquiring learning or education through the use of modern technology between instructor and student who are separated by time and space. It can be between schools, between schools and colleges and universities, within school buildings and districts or between individuals (urke, 2002).
Is earliest prototype was the international correspondence in the 19th century. In the 1970s, it reshaped into open universities, later into the 1980's wave of technological products, such as the videotape, broadcast, satellite and cable. In the 1990s, rey (as qtd in urke) predicted that distance education programs would phenomenally grow that decade to an extent that most of the people the U.S. would be served by it at the minimal ratio of 1:1, mostly in the community colleges. Right enough by 1994, 80% of community colleges in the U.S. began offering some form of distance education program…
Bibliography
Armstrong, L (2000). Distance Learning. Change: Heldref Publications. http://www.findarticles.com/m1254/6_32/67884312/article.jhtml
Bersch, C. (2001). Can You Go the Distance? Communications News: Nelson Publishing. http://www.findarticles.com/MOCMN/4_38/73533613/article.jhtml
Blotzer, M. Distance Learning. Occupational Hazards: Penton Media. http://www.findarticles.com/m4333/3_62/63269468.article.jhtml
Burke, T. (2002). (research paper) The Influence of Distance Learning on Education. http://www.hernco.com/THBURKE/THE%2INFLUENCE%200F%20DISTANCE%20LEARNING%20ON%20EDUCATION.html
This researcher rejects the existence of online communities because computer mediated group discussions cannot possibly meet this definition. Weinreich's view is that anyone with even a basic knowledge of sociology understands that information exchange in no way constitutes a community.
For a cyber-place with an associated computer mediated group to be labeled as a virtual settlement it is necessary for it to meet a minimum set of conditions. These are: (1) a minimum level of interactivity; (2) a variety of communicators; (3) a minimum level of sustained membership; and (4) a virtual common-public-space where a significant portion of interactive computer mediated groups occur (Weinreich, 1997). The notion of interactivity will be shown to be central to virtual settlements. Further, it will be shown that virtual settlements can be defined as a cyber-place that is symbolically delineated by topic of interest and within which a significant proportion of interrelated interactive computer…
Bibliography
Al-Saggaf, Y. & Williamson, K. Online Communities in Saudi Arabia: Evaluating the Impact on Culture Through Online Semi-Structured Interviews. Volume 5,
No. 3, Art. 24 - September 2004
AnchorDesk Staff. (2000). Sign of Trouble: The Problem with E-Signatures.
Retrieved April 9, 2005, from ZDNet AnchorDesk Web site: http://reivews- zdnet.com.com/AnchorDesk/4630-6033_4204767.html?tag=print
("Supreme Court ejects..." 2002) More constitutional problems have been encountered in the law's battle against child pornography as a federal court in September 2004 outlawed a Pennsylvania State law that required internet service providers (ISPs) to block websites containing child pornography. The Court considered the technology used in the blocking of such sites as clumsy that could cause "massive suppression" of constitutionally protected speech.
Apart from conducting a legal "balancing act" between the protection of children from sexual exploitation against the protection of free speech and free thought by the law makers, the campaign against child porn on the Internet is also hampered by its "borderless" characteristics. In order to counter differences in porn laws of different countries that prevented prosecution of child porn offenders, the United Nations General Assembly adopted an Optional Protocol on the ights of the Child, on the Sale of Children, Child Prostitution and Child Pornography…
References
FAQ on Child Pornography on the Internet." (2004). Antichildporn.org (ACPO). Retrieved on February 7, 2005 at http://www.antichildporn.org/faq-on-cp.htm
Internet Crimes against Children." (2001). U.S. Department of Justice. Updated December 28, 2004. Retrieved on February 7, 2005 at http://www.ojp.usdoj.gov/ovc/publications/bulletins/internet_2_2001/welcome.html
Kid Porn Easier to Get and Share." (2002). Protecting Children Online: CBS News. June 25, 2002. Retrieved on February 7, 2005 at http://www.cbsnews.com/stories/2002/06/25/eveningnews/main513313.shtml
Magid, Larry. (2002). "Net users can help fight child porn." Mercury News. March 21, 2002. Retrieved on February 7, 2005 at http://www.pcanswer.com/articles/sjm_childporn.htm
anking and financial services includes such firms as investment banks, commercial banks, brokerage firms, and credit card institutions. The common it pulse throughout the daily operations of these organizations involves utilizing systems to communicate between branches and subsidiaries, establishing operations throughout the world, communicating with the end customer in order to facilitate transactions, and analyzing customer and market attributes in order to reduce uncertainties in such aspects as pricing policies" (p. 24). Some of the more salient issues affecting the financial services industry today are described further in Table ____ below.
Table ____.
Examples of utilization of information technology in order to enhance efficiency and productivity by the financial services industry.
Area Impacted
Description of Impact
Credit card institutions store, retrieve, and analyze vast amounts of demographic customer information enabling them to more accurately target potential markets for new products and also identify less-attractive, credit-risk customers.
This allows them to reduce the amount of wasted…
Bibliography
Brewster, Chris, Hilary Harris and Paul Sparrow. (2004). Globalizing Human Resource Management. New York: Routledge.
Cocheo, S. (2006). "Does Your Product Line Need a Trim?" ABA Banking Journal, 98(7), 7.
Das, Dilip K. (2004). Financial Globalization and the Emerging Market Economies. New York: Routledge.
Dennis, Charles and Lisa Harris. (2002). Marketing the E-Business. London: Routledge.
Psychological Parameters of Impulse Buying
Personality -- Impulse Buying
Defining the Psychological Parameters of Impulse Buying
Impulse buying (IB) represents unplanned, impulsive purchases that make little economic sense. The occasional, inexpensive impulsive purchase may do little harm and may even be healthy, but a pattern of chronic IB can lead to financial ruin. For this reason, understanding the psychological precursors for IB will be important for the creation of effective interventions. Towards this goal, the psychological states that predict IB behaviors were examined. In addition to the cognitive and affective domains included in the Impulse Buying Tendency Scale (IBTS), this study includes for the first time an analysis of the relationship between IB and the two most relevant time perspective domains of future-oriented and present-hedonistic-oriented from the Zimbardo Time Perspective Instrument (ZTPI). In addition, six questions were incorporated into the questionnaire to assess a consumer's perspective on IB consequences that constituted the Impulse…
References
Lin, Y.H. & Chen, C.F. (2013). Passengers' shopping motivations and commercial activities at airports -- The moderating effects of time pressure and impulse buying tendency. Tourism Management, 36, 426-34.
Silvera, DH, Lavack, A.M., & Kropp, F. (2008). Impulse buying: The role of affect, social influence, and subjective well-being. Journal of Consumer Marketing, 25(1), 23-33.
Verplanken, B. & Herabadi, A. (2001). Individual differences in impulse buying tendency: Feeling and no thinking. European Journal of Personality, 15, S71-83.
Zimbardo, P.G. & Boyd, J.N. (1999). Putting time in perspective: A valid, reliable individual-differences metric. Journal of Personality and Social Psychology, 77(6), 1271-88.
The lighting in the store is very classy, and the walls are wood paneling which gives the store a nice homey feel. The bookshelves on the main floor are categorized of course: there are well-marked categories including: History, Biographies, Business & Money, Politics and Current Events, Art, Architecture & Photography, and many more. The smell in this bookstore is of coffee, which can be found upstairs (a wide staircase making it easy for two people abreast to walk up or down). The coffee shop also includes pre-made sandwiches, pastries, bagels, soups and small green salads (again, pre-made). The young women serving coffee are friendly, helpful, and they bring the coffee to your table; there are eight tables each with four chairs; these are comfortable chairs with built-in cushions on the seat and the seat-back. There are also several booths for more privacy. The windows on the second floor look out…
Nairn sees these Barbies as being tortured to destroy the doll's perfection, but the same children (I have noticed from observing female relatives) may demand a new Barbie, even after treating the old one carelessly.
Additionally, not all Barbies are disposed of. In fact, there is a thriving industry of adults who collect Barbies. These Barbies embody characters from famous old films, new films, or characters from around the world. Even some Barbies marketed at younger girls that are reasonably priced like those of the Twilight series of Barbies, are clearly not disposable. Barbies run the gamut from the cheap to the beautifully coiffured, yet all of them suggest a model of femininity that is similar: adult and girlish at the same time. Even as early as the 1960s, according to the website "Barbie's Career History," Barbie was used to embody 'acceptable' female occupations for young women, including that of…
Works Cited
Buffamonte, Christina. "Barbie's career history." Good Housekeeping. 2008.
June 23, 2010. http://www.goodhousekeeping.com/family/teens/barbie-dolls-careers
Bindel, Julie. "Con -- Barbie: Dumb blonde or diehard feminist?" The Guardian. December 28,
2008. June 23, 2010.
Hyperlinked tables of contents and indexes are tremendous time-savers as well as navigational aides. The non-linear presentation of digital texts appeals to learners adept at spatial relations, or those who appreciate metaphors. Hypertext allows learners to create and understand conceptual links between current course material and new or prior knowledge.
The multimedia presentation of digital text appeals to learners who rely on multiple senses including sight and hearing. Many students do not respond to purely verbal course material. The greatest strength of digital course materials may be its interactivity. Learners take an active role in their education when they can control the reading experience. Therefore, online texts replete with hyperlinks and multimedia content provide a wealth of opportunity for enhanced learning. The addition of instant messaging and related forms of digital communications make feedback and assessment methods more…
Business
This report recommends Online, Inc.'s relocation from San Francisco to Dallas. There are substantial savings in the major components of operating costs including office space, labor, and overhead. Exhibit 1 contains a breakdown of the estimated annual operating costs for Dallas which totals just $3,253,373. abor and overhead will be approximately $433, 836 lower in Dallas with other savings potential coming from very inexpensive office space and lower tax rates. Also, the quality of life is very attractive to Online as a corporation and to its employees.
Data has been gathered from a variety of sources to calculate the cost of office space, replacement labor, and overhead. The findings show potential savings across all categories. First, the total cost of meeting Online's square footage requirements for sales office, manufacturing, and warehousing is only $148,000. Dallas is currently experiencing a tenant's market and offers many affordable options for renting space.
Replacement labor costs…
Labor Cost Differential, San Francisco and Dallas
Average labor rates provided by Private Industry and State and Local Government, National Compensation Survey. Labor rates for San Francisco are average rates, not Online's actual costs.
Dallas Economic Development Division, Available: http://www.dallas-edd.org/QofL.htm (Accessed 2 -- 3, March 5).
Companies secretly collecting and selling information about your online behavior The large-scale information collection, information sale, and free access to sensitive, private information, accompanied by inadequate regulatory controls, leaves much room for misuse. Those who desire to limit access to their personal details find themselves with scant options as, in a majority of instances, parties that collect data are able to categorize, store, and sell free or captured information without the consent of the concerned individual. Even in instances where information is voluntarily given to social networking or e-shopping websites, web users cannot control who the information will be sold to (Tsesis, 2014). The data industry is currently a three-hundred-billion-dollar-per-annum industry, with around three million employees in the US alone. Information brokers attempt to understand customer identity and interests. For organizational delivery of more relevant advertisements to customers, data-brokering companies have to provide information on services and products of potential interest…
Lifecycle of Idea
The concept of the business lifecycle reflects the natural stages that all businesses go through, from the moment that the idea is developed into a business, until the moment that the business wraps up. For some businesses, the stages can last a long time, but for other businesses, the stages are relatively short, and the progression through them can be quite fast. In other cases, the business hits a point of maturity, starts into decline, and then is re-invented, to start the business life cycle over again.
The five stages of the business life cycle are development, startup, growth and establishment, expansion and, finally, the maturity and possible exit stage (Petch, 2016). Target’s business is in the maturity stage, but the company is highly successful as a competitor in the big box retail space, and therefore not at all considering exit. It is what would in the BCG matrix…
Business: The Dark Side of Meeting Online
Corporate Governance and the Failed Marriage of AOL and Time arner
"The mating ritual began in September 1999 in the most romantic of cities, Paris" (p.88): Steve Case, an AOL-T merger in mind, starts approaching Jerry Levin. On January 9, 2000, "it was done." (p.99). May 2002, newly appointed AOL-Time arner CEO Parsons announced "a repudiation of the basic raison d'etre of the merger itself" (p.284).
hy did the AOL-Time arner merger take place? hat's your evaluation of the process through which it was decided upon? And the terms agreed upon?
Bella gerant alii, tu felix Austria nube!' - Let others wage war, you, happy Austria, marry!" There are many ways to build an empire, and love is almost always better than war. So, when two corporate giants agreed to march down the aisle together, all Street - and the world - eagerly awaited the blessed event,…
Works Cited
http://www.questia.com/PM.qst?action=openPageViewer&docId=5000089804
Houston, Frank. "AOL/TW SPELLS BIG." Columbia Journalism Review July 2001: 22.
Glanz, William "America Online to buy Time Warner," The Washington Times 11 Jan. 2000: 1.
Klein, Alec. Stealing Time: The Collapse of AOL-Time Warner. New York: Simon and Schuster, 2003. http://www.questia.com/PM.qst?action=openPageViewer&docId=85927102
Identity Theft: Understanding of the Concept of Protecting Personal Information
The recent scandal involving stolen credit card and personal information from Target consumers over the Thanksgiving 'black Friday' shopping holiday weekend dramatically highlighted the risks of even using a simple credit card. Identity theft -- whether of credit card numbers, social security numbers, or other vital private information -- is a constant, very real worry for many consumers. Depending on the nature and type of the identity theft, a variety of remedies are available although there is no single, surefire solution that will always protect one's identity online or at brick and mortar stores. Thanks to the ubiquity of technology, identity theft is far easier and more common than it was in previous generations.
If you suspect that your credit-related information has been stolen, the first step is to place a fraud alert with one of the three major credit companies (Equifax,…
References
Create an identity theft alert. (2014). FTC. Retrieved from:
http://www.consumer.ftc.gov/articles/0277-create-identity-theft-report
EFF's top ways to protect your online privacy. (2002). EFF. Retrieved from:
https://www.eff.org/wp/effs-top-12-ways-protect-your-online-privacy
online purchases?" using the two-part approach provided below.
Description of the Participants
Sampling procedures
In most cases, the more subjects that are surveyed, the more trustworthy the results, but there are some diminishing returns involved in qualitative analyses that limit the usefulness of increasingly larger sample sizes. In this regard, Neuman (2003) reports that, "One principle of sample size is the smaller the population, the bigger the sampling ratio has to be for an accurate sample. Larger populations permit smaller sampling ratios for equally good samples. This is because as the population size grows, the returns in accuracy for sample size shrink" (p. 232). esearchers who employ survey methods for data-gathering purposes may have a general idea about how many subjects they would like to recruit, but the harsh realities of recruiting sufficient numbers of subjects to participate in surveys means that sometimes researchers must simply accept what they get (Darlington &…
References
Chaudron, D. (2008). Master of all you survey: Planning employee surveys. Organized Change.com. Retrieved from http://www.organizedchange.com/pdfs/employee surveys.pdf.
Darlington, Y., & Scott, D. (2002). Qualitative research in practice: Stories from the field.
Crows Nest, NSW: Allen & Unwin.
Mauch, J.E. & Park, N. (2003). Guide to the successful thesis and dissertation: A handbook for students and faculty. New York: Marcel Dekker.
Think of it like the difference between two different malls. We all have our favorites, maybe because of the parking or the overall layout.
Another thing I like about luxurioussimplicity.com is that it has no unnecessary clutter like menswear. If I wanted to shop for a man friend, I might visit Gilt or another website. I prefer using luxurioussimplicity.com just for me. Besides women's clothes and accessories, there is not much else to distract me. If I want cosmetics, I'll most likely head to the Sephora website. However, I do appreciate that luxurioussimplicity shows me jewelry designs that pair well with the fashions I like.
Finally, the best thing about luxurioussimplicity is that it works a little like Pandora does for music. I can rate fashions on a star system, on a scale of 1-5. I can do this for individual items or whole "looks" that the models are wearing. Luxurioussimplicity…
References www.Gilt.com www.Zappos.com
On the other hand customers are attracted to online shopping because it's convenient, offers broader selection of commodities, the prices are competitive and a lot of information is accessed. In conducting business between the consumer and the corporate information needs to be provided especially personal data from the consumer's part. We should be careful with the type of information we provide in that case we reduce the risks when security is breached. On the other hand, business should provide privacy policy and program tools to ensure that customer's information is protected from unauthorized parties and enhance customers confidence and loyalty in conducting business Jin, 2010()
eferences
Boone, L.E., & Kurtz, D.L. (2011). Contemporary Marketing. Ohio: Cengage Learning.
Jin, D.Y. (2010). Global Media Convergence and Cultural Transformation: Emerging Social Patterns and Characteristics. Hershey: Igi Global.
Kim, T., Adeli, H., Fang, W.C., Villalba, J.G., Arnett, K.P., & Khan, M.K. (2011). Security Technology: International Conference, SecTech…
References
Boone, L.E., & Kurtz, D.L. (2011). Contemporary Marketing. Ohio: Cengage Learning.
Jin, D.Y. (2010). Global Media Convergence and Cultural Transformation: Emerging Social Patterns and Characteristics. Hershey: Igi Global.
Kim, T., Adeli, H., Fang, W.C., Villalba, J.G., Arnett, K.P., & Khan, M.K. (2011). Security Technology: International Conference, SecTech 2011, Held as Part of the Future Generation Information Technology Conference, FGIT 2011, in Conjunction with GDC 2011, Jeju Island, Korea, December 8-10, 2011. Proceedings. New York: Springer-Verlag New York Inc.
If the website isn't familiar I often will look for user reviews of the store before I shop there.
6) How do you research products online?
A) I search for the product and read user reviews. Sometimes I will look at specifications directly on the manufactures website. Occasionally I will watch videos that show the product being used.
7) How important is a websites design for you?
A) Very important. If the website is hard to use I will go somewhere else.
B) Moderately important. If the website is poorly designed but they have the best price then I may shop there anyway. However, if there is an equal price somewhere else that has a better website with more features then I will probably shop there.
8) Will you shop at a site that has a poorly designed interface but offers the lowest price?
A) Probably not. If the company does not have a decent website…
Lys Fashion Business Plan
DayLys primary earnings
The company's start up
DayLys proposed start up expenses
Strategy and implementation summary
Marketing strategy
Target market
Sales revenue for the first and second year
Graph depicting the sales revenue
Five-year financial plan
Break-even Analysis
Pro Forma Profit and Loss
Pro Forma Cash Flow
Pro Forma Balance Sheet
Business atios
Percent of Total Assets
Percent of Sales
Main atios
Activity atios
Liquidity atios
Additional atios
The focus of this project is to draw up the business plan for DayLys Fashion and the start up funding will be $45,000. The paper also provides the pro-forma profit and loss, and the marketing strategies. The financial plan reveals that the company will record profits in the first year and continuing making profits within the next five-year.
DayLys Primary Earnings
DayLys primary earnings will be $62,715 in year 1, $135,771 in year 2,
and $243,806 in year 3.
The Company's Start Up
The start-up fund for the business will be $45,000 and DayLys' business location will be at Chicago in Illinois, and…
Reference
Porter, M.E. (2001). Strategy and the Internet. Harvard Business Review.
Internet Marketing Strategy of Argos
The purpose of this essay is to examine the Internet marketing strategy of Argos. Argos is a home retail group and market leader in retail sales of home and general merchandise. Argos reports that it is a "unique multi-channel retailer recognized for choice, value, and convenience." (Argos Website, 2011)
Argos and the Online Market: Size and Growth
Argos customer base is approximately 130 million and reports state that 26% of Argos sales are via the internet channel with approximately 4 million customers placing orders by phone or online. The Argos website is touted as the website visited the most among high street retail websites in the United Kingdom in 2008. (Argos, Website, paraphrased) Argos is environmental conscious and caters to customers with disabilities. Argos was named the 'Online Toy Retailer of the Year 2009' by the ritish Toys & Hobbies Association (THA). (Argos Website, 2011) In addition Argos…
Bibliography
Argos Boost Sales with Award-Winning User Generated Content (2011) eCircle. Retrieved from: http://www.ecircle.com/uploads/tx_csrportfolio/ecircle-case-Argos-en.pdf
Argos Online and Mobile Sales Hit Nearly Half of Total Revenue (2011) CIO. 21 Apr 2011. Retrieved from: http://www.cio.co.uk/news/3275741/argos-online-and-mobile-sales-hit-nearly-half-of-total-revenue/
Burnett, John (2008) Core Concepts of Marketing. Global Text. Creative Commons Attribution 3.0. Retrieved from: http://globaltext.terry.uga.edu/userfiles/pdf/Core%20Concepts%20of%20Marketing.pdfhttp://globaltext.terry.uga.edu/userfiles/pdf/Core%20Concepts%20of%20Marketing.pdf
Charlton, Graham (2010) Multichannel Accounts for 43% of Argos Sales. Econsultancy Digital Marketers United. 4 May 2010. Retrieved from: http://econsultancy.com/us/blog/5850-multichannel-accounts-for-43-of-argos-sales
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