...Online Shopping vs. Traditional Shopping Wezley Singleton COM/155 Lee A. Fenstermaker III. Due Date: 22JUL2012 Online Shopping vs. Traditional Shopping As the years pass, technology seems to leap forward exponentially. The capabilities of the home computer have increased so much over the past few decades. Shopping is a ritual that every household in America practices. With the rise of the Internet, companies know the potential consumer base that awaits them. How did they tap into this consumer gold mine? By providing convenient shopping, where consumers can buy products with the click of a button. Online shopping is becoming a much more popular thing these days. With relatively new faces such as Amazon and eBay, and even old players like Wal-Mart and The Home Depot, online shopping is definitely an alternative to traditional shopping. But the question is, which one is more effective, both cost-wise and time-wise? This article will go over the benefits of online shopping vs. traditional shopping, so that you can make an informed decision when trying to decide where to shop. Online shopping, in most situations, is a much more cost and time effective way to shop for many products. It saves you time, money, and spares you of some stress. By the end of this essay, you will see why online shopping is clearly the best option when it comes to where you shop. Saving time is the point and goal of every piece of technology...
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...| 一、简要流程 | | 1. 凭植入TPO 的托福课程的听课证号、身份证号和真实姓名登陆迅程TPO 网页； | | 2. 系统自动验证成功后即可看到“获得ETS 考试授权号authocode”链接，点击该链接后即可查看到自己的authcode（考试授权号）； | | 3. 拿到authcode 后学生可以在家中任何时间进入ETS 的TPO 页面完成模考； | | 4. 进入ETS 的TPO 页面后的操作流程： | | （1）在主页面右下角‘If your employer or institution provided you with an authorization number, please enter it below’ | |框内输入TPO 授权号（注意：此授权号仅限单次使用，一旦输入进入注册，即视为使用），点击Submit； | | （2）进入注册页面，输入电子邮箱地址。如果之前已注册过TOEFL Practice Online 会员，则输入自己的密码；如果是第一次注册， | |请选取No，I am a new customer 选项。 点击Continue 进入下一页面； | | （3）点击Continue to the Practice Site 进入下一页面填写注册信息； | |...
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...is one of the largest online retailers in the world and was one of the first to sell goods over the internet. The effects of economic, cultural, trade environment and political and legal factors have varying influences upon Amazon’s international marketing mix. The economic impacts of market characteristics and competition are vital information for the growth of Amazon. Internet retailing industry will continue to see positive growth and expand. The online retailer industry sales increased by 14% compared to 2011 (Guardian, 2012). There has also been an increase in disposable income spent on online retailers over the last 5 years (Forbes, 2011). Both these market characteristics provide positive sign for potential market growth for Amazon and possibly indicate expansion in the future. There is a wide range of competition that Amazon faces from small companies such as dotcom businesses to larger ones such as EBay. First mover advantages is largely a function of technology, foresight and the ability to gain trade secrets ( Lieberman, 1988). A strong brand image and economies of scale in production are some of the positives as a result that Amazon has gained. There remains intense competitive rivalry, as search engines such as Google are becoming first choice for consumer when shopping on line. For Amazon, this increase in competition faced forces the business to expand its services to a broader market and strengthen its established markets. The online retailer industry is...
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...might sell well on the internet. After some intense analysis, he determined that books were at the top of that list. Although Bezos liked the name Abracadabra, he decided to call his online bookshop AMAZON.COM. Today, Amazon.com has more than 40 million customers and sells billions of dollars worth of all types of merchandises. When he started, Bezos had no experience in book selling business, but he realized that books had an ideal shipping profile for online sales. He believed that many customers would be willing to buy books without inspecting them in person and that books could be impulse purchase items if properly promoted on a website. By accepting orders on its website, Bezos believed that Amazon.com could reduce transaction cost in the sale to the customer. More than 4 million book titles are in print at any one time throughout the world, and more than one million of those are in English. However, the largest physical bookstore cannot stock more than 2, 00,000 books and carries even fewer titles because bookstores stock more than one copy of each title. Having a wide selection was important because Bezos believed it would help create a network economic effect. People would visit Amazon.com whenever they wanted to buy a book because it would be the most likely store (physical or online) to have a particular title. After becoming satisfied customers, people would return to Amazon.com to buy more books and stop looking elsewhere. The structure of the supply side of the...
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...brands but also the ability to buy them and get it delivered at home. They want to develop a website for the same and need information about the kind of attributes that attract people to a website and increase its brand equity. We need to develop a research problem for the client to find out the attributes which make a website attractive and understand the drivers of an online car purchase. Secondary Data Analysis: According to reports, the following facts are relevant in an online purchase and specifically a car purchase: * A growing number of consumers (especially the young) trust user-generated content (up from 66% in 2010 to 72% in 2014). * More than 50% of car shoppers in every market said that positive comments on social media would make them more likely to buy a specific brand. * Interest in buying a car online is increasing: 61% of Chinese consumers would buy a car online, while only 34% of consumers in the US would do so. * The idea of not owning a car remains attractive among consumers- mostly attributed to low cost. * 97% use the Internet for vehicle research and trust online commentary to provide perspective in a purchasing decision * 73% say they are more likely to buy a specific model or brand if they find positive comments on social...
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...Internet Value Chain Economics Gaining a deeper understanding of the Internet economy W hen considering the technological innovations of the past 50 years, the Internet is probably the one that has had the greatest impact on everyday life in developed economies. Nearly six out of 10 Americans now shop online and more than four out of 10 bank online. Twenty hours of video are uploaded to YouTube every minute, while 5 percent of all time online is spent on the social networking site, Facebook. The Internet has also changed the way in which businesses operate—today, 64 percent of C-level executives conduct six or more searches per day to locate business information. The Internet has been a source of great good—as evidenced by the role played by Internet-based mapping and communications in the relief effort following the recent Haiti earthquake. The Internet also has shown a negative side—more than 97 percent of all emails are spam, while more than 70 percent of Americans fear online identity theft and 57 percent feel that their personal privacy has been greatly diminished by the Internet.1 Behind these statistics and headlines, however, there remains a low level of understanding of how the Internet economy works. Who are the different players involved in the Internet, beyond the flagship names? How is the industry structured and how concentrated is it? How do players make money and how do revenues flow across the value chain? Is the industry attractive in terms of growth...
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...Store Going Online! The Value of Convenience YOUR NAME MBA6004 Unit 4 Professor Steinhagen 11/15/2013 Table of Contents History of Martin’s………………………………………………………………...3 The Journey of Martin’s…………………………………………………………..3 The Future of Grocery Shopping…………………………………………………5 Strategy Recommendation………………………………………………………...6 Conclusion………………………………………………………………………….8 References…………………………………………………………………………. 9 Many industries in the United States are expected to utilize the web to expedite services and to meet the demands of customers. Grocery shopping is one of the most popular industries that are expected to change by offering online shopping and home delivery services. There are many benefits to online grocery shopping which include accessibility, consuming healthier produce, and convenience. Online grocery shopping is estimated to grow by 9.5 percent annually and is on track to become a $9.4 billion industry by 2017 (usnews.com). Amazon, Costco, Google, and Peapod have already invested millions in the infrastructure of their online grocery business. However, Martin’s grocery store has chosen not to follow the business model of offering customers online ordering and delivery services. The grocery legend believes customers would rather have a “hands on” shopping experience that includes friendly cashiers, attractive store displays, and helpful baggers. Martin’s must change their business model to offer customers local produce by online ordering...
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...of where its strategic focus areas are, but it does sound good for the average customer who has a limited budget. This mission statement leads directly into Walmart Global eCommerce goals which include combining online, social innovations with physical stores to give consumers “anywhere, anytime shopping experience” in addition to its organizational sustainability goal of creating zero waste, using only sustainable energy and selling products that sustain the environment which is important to all of Walmart’s segments including eCommerce. Walmart’s overall objective is to deliver shareholder value by increasing earnings per share, returns and maintaining strong stable returns on investment. According to Walmart CEO, Mike Duke, Walmart’s strategic focus areas are: •Making sure the company has the best retail talent at every level of the organization by recruiting, developing and retaining the best associates; •Delivering on the productivity loop that enables Walmart to operate for less so the company can drive prices even lower for its customers •Being even more disciplined about operating expenses and capital spending; •Investing to serve more customers globally and accelerating the vision of anytime, anywhere access by bringing together best-in-class online, mobile and social capabilities and our more than 10,700 stores; and •Benefiting our communities and having a world class compliance organization. Walmart has been a giant of...
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...implications 5 Economic considerations 5 Solutions 5 Conclusion 5 Bibliography 6 Internet as a threat to the high street Introduction Ever since its creation, the internet has developed drastically. One of its focal areas is internet shopping, which is vastly becoming more popular during the last few years, which led to the factor of increasing consumerism to a point almost beyond recognition. For those who have access to the internet, they are granted the privilege of a vast choice of not only physical but also digital products which have always been subject to availability in the high street. Types of shops Nowadays retail establishments can be fragmented into three classifications. Those constructed solely in physical retail shops, those assembled around the concept of both physical shops and online shopping, and also Ecommerce which is exclusively online shopping. History Before anyone was able to obtaining goods online there were only limited ways where people were able to purchase products. One of the methods was to go to the high street and inside the stores. Alternatively products were acquired by teleshopping, where you would call a number, usually advertised on TV, and give your credit card details. Nonetheless giving credit card details over the phone is very unsecure as other individuals could perhaps be listening to your conversation over the phone and be granted with all your credit card and personal details. Although when online shopping initiated...
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...apparel retailer in the United States, and the second largest in the world. The company is differentiated into five different brands. Its banner store, GAP, appeals to a wide demographic, selling clothes and accessories for men, women, and children. Banana Republic was purchased in 1983 and is now branded as an upscale retailer. Old Navy is Gap’s attempt to corner the cost leader segment of the market. Piperlime, created in 2006, is Gap’s main foray into the world of online retailing, and Athleta, added in 2009, specializes in women’s athletic wear. Business Profile Recently, Gap has begun to focus on the role international markets will have in its future growth potential. By the end of fiscal year 2013, Gap plans to close 200 Gap stores in North America, which is a cut of almost 20%. They are countering this decrease in the flagship store with an increase in its market diversification, increasing the number of Athleta stores from 10 to 50 by the end of 2013. This will coincide with an expanding of the online brand Piperlime to include men’s apparel, and a possible physical store in the near future. Gap reported a 16% growth in retail sales outside of North America, and to take advantage of this emerging market will follow a strategy of entering a market with a flagship store to build brand recognition, and then introduce smaller stores into surrounding areas. They also plan to double the number of franchise stores to 400 by the end of 2014. Gap has formidable brand recognition...
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... 2.1 Overview of the problem 5 2.2 Causes 7 2.2.1 Behindhand internet security 7 2.2.2 Credit problem 8 2.2.3 Traditional ideas 10 3. Conclusion 12 4. Recommendations 13 4.1 Perfecting the internet security system 13 4.2 Improving the credit 13 4.3 Enhancing the education and advertising of e-business 14 List of Figures and Tables Table 1. The internet user growth rate from 2005 to 2008 5 Finger 1. Online payment user in 2008 6 Table 2. Malicious activity by country from 2008 to 2009 7 Figure 2. China’s e-business trust issues in 2006 9 Figure 3. The distribution of online payment users’ age 10 Figure 4. The distribution of population in China in 2007 11 1. Introduction 1.1 Aim The aim of this report is to investigate the causes of low development of e-business in China. The purpose is to provide recommendations to the Chinese Economic Research Centre and Chinese Government in order to improve this phenomenon. 1.2 Background Electronic business (E-business) is a new style of business model that is a commercial activity on the internet. In recent years, e-business is increasingly used. However, many problems also exist in e-business. This phenomenon is caused despite the fact that commercial activity on the internet is easy to use, fast and efficient, the distance of trade is long and traders are not face to...
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...COMPANY PROFILE Tesco PLC REFERENCE CODE: 34972414-9A41-4048-A7B6-1B0017054743 PUBLICATION DATE: 7 Feb 2013 www.marketline.com COPYRIGHT MARKETLINE. THIS CONTENT IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED OR DISTRIBUTED. Tesco PLC TABLE OF CONTENTS TABLE OF CONTENTS Company Overview..............................................................................................3 Key Facts...............................................................................................................3 SWOT Analysis.....................................................................................................4 Tesco PLC © MarketLine Page 2 Tesco PLC Company Overview COMPANY OVERVIEW Tesco PLC (Tesco or ‘the company’) is a food and grocery retailer. The company primarily operates in Europe and Asia. It is headquartered in Hertfordshire, the UK, and employed 519,671 people, on an average, in FY2012. The company recorded revenues of £64,539 million (approximately $103,223.7 million) in the financial year ended February 2012 (FY2012), an increase of 6.8% over FY2011. The operating profit of Tesco was £3,985 million (approximately $6,373.6 million) in FY2012, an increase of 1.7% over FY2011. The net profit was £2,806 million (approximately $4,487.9 million) in FY2012, an increase of 5.7% over FY2011. KEY FACTS Head Office Tesco PLC Tesco House Delamare Road Cheshunt Hertfordshire EN8 9SL GBR 44 1992 632222 Phone Fax Web Address http://www...
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...E-commerce in particular, generally defined as the buying and selling of goods and services online, has attracted millions of dollars from local and international investors eager to tap into the potential of the Egyptian market, which, with its 31 million internet users, has the largest population of internet users in the MENA region. "We believe that e-commerce is a particularly attractive segment of the technology market with very strong growth potential,” says Tarek Assaad, managing partner at Ideavelopers, an Egyptian venture capital fund investing in early-stage technology companies. In 2011 Ideavelopers invested $10 million in nefsak.com, an e-commerce website selling a wide range of goods from a variety of brands. Launched in late 2008, Nefsak was the first website of its kind in Egypt that gained traction. “People thought we were crazy,” recalls founder Sherif Nassar. The gamble seems to have paid-off, as Nefsak is now one of a trio of large multi-category online stores in Egypt, along with souq.com and jumia.com. Souq’s Egypt site was established by Dubai-based Jabbar Internet Group in early 2011, and is now the only such website to figure among the top forty visited in Egypt, according to web analytics site alexa.com. Egypt’s jumia.com, launched in July of last year, was created by Rocket Internet - a German company that specialises in launching online retail sites in the style of Amazon at lightning speed in countries worldwide. Jumia, which was launched...
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...always geared towards the low- income groups of the society. This provided Walmart better opportunities and helped them gain a competitive advantage in the industry. * Demographic factor: Another opportunity facing the industry was that Consumers (working Mothers and other American workers) wanted ease of shopping (fast, efficient and one-stop shopping). Walmart provided its customers with what they want in the Walmart supercenters combined with its wholesale unit “Sam’s Club”. * Technological Factor: Heightening of Internet users (70% of the population) and more people were comfortable shopping online. This yielded both favorable (lower over head costs and convenience to the customers with wide choices of items and prices that were appealing) and unfavorable (Walmart has invested heavily on the infrastructure like the EDI links and POS systems) circumstances. * Economic Factor: Domestically the U.S market had a very slow growth. Although the economy was said to be in recession it favored the growth of the organization because it offered consumers commodities at a very affordable cost compared to their competitors. INDUSTRY ANALYSIS: Walmart belongs to the discount retail industry offering heterogeneous products of hard and soft goods with very low prices. Consumers appreciated the value for price, service and convenience. Walmart being a giant in the retail industry had compelling opportunities in spite of the challenges faced as a mature market....
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...They are also no longer limited to the shops in their area as they can now buy products from businesses around the world. Customers are also able to get instant feedback for any questions they might have, because business are eager to help the customer to avoid negative reviews online. As online shopping has become more popular more laws have been introduced for the safety of the customer and consumer, this is to avoid identity theft and fraud. Websites now have security to encrypt customer information and if this isn’t present than the customer would be wary to shop there. You can tell if the website is protected if a padlock symbol is present at the bottom of the webpage. As ecommerce is so important in succeeding in business these days suppliers are very eager to provide a good service with ease of use of the website. Many businesses use statistical tests to determine how people are using their website and edit their website for example the location of buttons to make the website easier to use. As if the customer has a good experience using the website they tend to buy more from the website thus increasing your profits. Economic and social impact due to speed of changes The main advantage that online stores have is they are open all the time and can deal with high volumes of customers vising their page at once. This also means that all the product include a description so the customer knows exactly what they are getting. E commerce has also given business the opportunity to...
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