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  • Added for You - E-tailing and Opportunities it Opens to Businesses

    The Power of the Interview
    Interviewing an expert and sharing their ideas with others is not a new concept. Experts have been doing radio and television interviews for decades. They use these platforms to create awareness for their company and what they stand for, as well as to educate listeners and ultimately sell products.The same techniques are used today using a different medium - teleseminars. Just like the radio, teleseminars can be something as simple as a recorded phone call between two people th
    mmendations of experts , price and quality comparative tables to name a few. What e-tailing concept shall definitely have is the bunch of value-added benefits which a customer would never get in a traditional retailing environment (Papers4you.com, 2006).

    To conclude this overview it is important to remember that e-tailing is not the extension of traditional retailing. It is new environment with its specific rules of engagement where customers perceive a lot of things differently from the way they would do in brick-and-mortar environment.

    References

    Levy, M. & Weitz D.A. (1998), Retailing Management, 3rd edition, Irwin McGraw-Hill, ston, MA.

    Mahajan

    Why People Fail When Starting A Business
    Have you ever wondered why 95% of new businesses in the United States fail within the first 5 years? Or why most of the rest of them will eventually fail? Knowing why is the most important thing you can learn if you want to make sure your business is not among those doomed to fell in the upcoming days.Most offline and online businesses fail because of the lack of planning. It is truly as simple as that. Most businesses are started without a strategic plan for succeeding in the
    With the fast development of various e-business solutions companies seek for new opportunities to get in touch with customers and build new type relationships. If in planning everything looks pretty simple and straightforward, in reality there are a lot of issues that shall be considered prior to launching full scale implementation. E-tailing is exactly this kind of beast. It brings a lot of operational and financial benefits, but it needs to be tamed (Papers4you.com, 2006).

    The essence of e-tailing

    Retailing is frequently viewed as the integral part of the marketing mix strategy (Leny & Weitz, 1998), where “place” plays the role of the transactional environment (Underhill, 2000). With the development of e-commerce the companies from different goods and service industries decided to become closer to customers by opening e-stores and managing e-tailing. Various traditional players like Gap, Tesco, Asda, HP, Cisco and new ones like Amazon, E-Bay, Lastminute.com opened electronic stored to satisfy instantly the customer needs. Of course, there are numerous examples of the successful e-tailing operations. However, it is important to remember that not all of the entrants in e-commerce were that successful (see Mahajan et al., 2002 ).

    The point is that e-tailing is not the scheme which is easy to implement. There are a number of aspects that shall be considered. For instance the importance of product physicality and the influence of other buyers on the purchase decision (see Underhill, 2000). The great number of fashion related items or products that are connected with self-image concept require the possibility of trying the product and see the reaction of others. Without it the whole process of purchase lack important chemistry which makes it so addictive.

    The suitability of certain product line-up with e-tailing depends on the degree of the involvement which is necessary for the successful purchase decision. Certain products can be treated as trivial as they required little involvement and does not incur significant costs in case of wrong purchase. While other products are very individual specific and require the high level of involvement prior to purchasing.

    The other important element of “place” is atmospherics. For instance, potential customers might omit certain goods and not even recognize the want for them unless they are influenced by a certain stimuli like the combination of odour, lighting, colour effects, music and other elements of atmospherics. In case of e-tailing there shall be something that would compensate the absence of these elements. There may be great number of alternatives like door-to-door delivery, reduced prices, the recommendations of experts , price and quality comparative tables to name a few. What e-tailing concept shall definitely have is the bunch of value-added benefits which a customer would never get in a traditional retailing environment (Papers4you.com, 2006).

    To conclude this overview it is important to remember that e-tailing is not the extension of traditional retailing. It is new environment with its specific rules of engagement where customers perceive a lot of things differently from the way they would do in brick-and-mortar environment.

    References

    Levy, M. & Weitz D.A. (1998), Retailing Management, 3rd edition, Irwin McGraw-Hill, ston, MA.

    Mahajan

    Fixed Price Contracts For First Time Customers
    Fixed price contracts are the best and safest method when working with a customer for the first time. This puts the customer as ease and it reduces your risk of not being paid at all. With this first fixed price contract your main objective is to establish the willingness and ability to pay. After that you can build the relationship.It's important to note that when you establish a fixed price contract you do that with a customer - not a client. Until a customer has proven th
    nt (Underhill, 2000). With the development of e-commerce the companies from different goods and service industries decided to become closer to customers by opening e-stores and managing e-tailing. Various traditional players like Gap, Tesco, Asda, HP, Cisco and new ones like Amazon, E-Bay, Lastminute.com opened electronic stored to satisfy instantly the customer needs. Of course, there are numerous examples of the successful e-tailing operations. However, it is important to remember that not all of the entrants in e-commerce were that successful (see Mahajan et al., 2002 ).

    The point is that e-tailing is not the scheme which is easy to implement. There are a number of aspects that shall be considered. For instance the importance of product physicality and the influence of other buyers on the purchase decision (see Underhill, 2000). The great number of fashion related items or products that are connected with self-image concept require the possibility of trying the product and see the reaction of others. Without it the whole process of purchase lack important chemistry which makes it so addictive.

    The suitability of certain product line-up with e-tailing depends on the degree of the involvement which is necessary for the successful purchase decision. Certain products can be treated as trivial as they required little involvement and does not incur significant costs in case of wrong purchase. While other products are very individual specific and require the high level of involvement prior to purchasing.

    The other important element of “place” is atmospherics. For instance, potential customers might omit certain goods and not even recognize the want for them unless they are influenced by a certain stimuli like the combination of odour, lighting, colour effects, music and other elements of atmospherics. In case of e-tailing there shall be something that would compensate the absence of these elements. There may be great number of alternatives like door-to-door delivery, reduced prices, the recommendations of experts , price and quality comparative tables to name a few. What e-tailing concept shall definitely have is the bunch of value-added benefits which a customer would never get in a traditional retailing environment (Papers4you.com, 2006).

    To conclude this overview it is important to remember that e-tailing is not the extension of traditional retailing. It is new environment with its specific rules of engagement where customers perceive a lot of things differently from the way they would do in brick-and-mortar environment.

    References

    Levy, M. & Weitz D.A. (1998), Retailing Management, 3rd edition, Irwin McGraw-Hill, ston, MA.

    Mahajan

    About Mileage Correction And Adjustment
    Mileage would be the number of miles that a car has gone till a certain time. The average mileage that one car does in an year is about 70 000. A lot of factors intervene with this number, factors like country, possession of the car, job of the owner of the car. Till now the mileage in cars has been shown on the dashboard through mechanical methods. The information from the wheel would have been sent trough a cable to an instrument in the dashboard that would have shown the driver the
    of aspects that shall be considered. For instance the importance of product physicality and the influence of other buyers on the purchase decision (see Underhill, 2000). The great number of fashion related items or products that are connected with self-image concept require the possibility of trying the product and see the reaction of others. Without it the whole process of purchase lack important chemistry which makes it so addictive.

    The suitability of certain product line-up with e-tailing depends on the degree of the involvement which is necessary for the successful purchase decision. Certain products can be treated as trivial as they required little involvement and does not incur significant costs in case of wrong purchase. While other products are very individual specific and require the high level of involvement prior to purchasing.

    The other important element of “place” is atmospherics. For instance, potential customers might omit certain goods and not even recognize the want for them unless they are influenced by a certain stimuli like the combination of odour, lighting, colour effects, music and other elements of atmospherics. In case of e-tailing there shall be something that would compensate the absence of these elements. There may be great number of alternatives like door-to-door delivery, reduced prices, the recommendations of experts , price and quality comparative tables to name a few. What e-tailing concept shall definitely have is the bunch of value-added benefits which a customer would never get in a traditional retailing environment (Papers4you.com, 2006).

    To conclude this overview it is important to remember that e-tailing is not the extension of traditional retailing. It is new environment with its specific rules of engagement where customers perceive a lot of things differently from the way they would do in brick-and-mortar environment.

    References

    Levy, M. & Weitz D.A. (1998), Retailing Management, 3rd edition, Irwin McGraw-Hill, ston, MA.

    Mahajan

    Tips On How To Write Business Plan
    It's easy to lose sight of what needs to be communicated to prospective investors when writing the various sections of a business plan. Writing a business plan is no easy task, sure you can whip something together in a day or so, but without proper planning you are setting yourself up to fail. Successful business owners, CEO's, and managers typically agree that in the business world, failing to plan is planning to fail.A company is only as strong as its management team, and it
    and does not incur significant costs in case of wrong purchase. While other products are very individual specific and require the high level of involvement prior to purchasing.

    The other important element of “place” is atmospherics. For instance, potential customers might omit certain goods and not even recognize the want for them unless they are influenced by a certain stimuli like the combination of odour, lighting, colour effects, music and other elements of atmospherics. In case of e-tailing there shall be something that would compensate the absence of these elements. There may be great number of alternatives like door-to-door delivery, reduced prices, the recommendations of experts , price and quality comparative tables to name a few. What e-tailing concept shall definitely have is the bunch of value-added benefits which a customer would never get in a traditional retailing environment (Papers4you.com, 2006).

    To conclude this overview it is important to remember that e-tailing is not the extension of traditional retailing. It is new environment with its specific rules of engagement where customers perceive a lot of things differently from the way they would do in brick-and-mortar environment.

    References

    Levy, M. & Weitz D.A. (1998), Retailing Management, 3rd edition, Irwin McGraw-Hill, ston, MA.

    Mahajan

    Five Valuable Tips For Training Restaurant/Bar Staff
    Hiring restaurant and bar staff is an ongoing job. Even if you have enough staff, you should be looking for others at all times. When you go out to eat, when they come in to eat. Friends of your staff are a great way to find good people.Once you have the “right” person hired, there are some key things that you should keep in mind. Develop a training schedule. Unscheduled training will lead to extra hours and lower productivity. Explain daily objectives for each tra
    mmendations of experts , price and quality comparative tables to name a few. What e-tailing concept shall definitely have is the bunch of value-added benefits which a customer would never get in a traditional retailing environment (Papers4you.com, 2006).

    To conclude this overview it is important to remember that e-tailing is not the extension of traditional retailing. It is new environment with its specific rules of engagement where customers perceive a lot of things differently from the way they would do in brick-and-mortar environment.

    References

    Levy, M. & Weitz D.A. (1998), Retailing Management, 3rd edition, Irwin McGraw-Hill, ston, MA.

    Mahajan V.., Srinivasan R. & Wind Y. (2002), “The Dot-com Retail Failures of 2000: Were There Any Winners?” Journal of the Academy of Marketing Science,

    Papers For You (2006) "P/EI/63. Sources of price dispersion in e-tailing", Available from http://www.coursework4you.co.uk/sprtecom7.htm [22/06/2006]

    Papers For You (2006) "C/EI/19. E-retailing of Tesco and Sainsburys", Available from Papers4you.com [21/06/2006]

    Underhill P. (2000), Why We Buy: The Science of Shopping, Touchstone Books: New York, NY.

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