To thrive in today’s global market, a business that wants to be online must provide an easy way to purchase and pay for products online. A well-functioning online storefront must include the following: a virtual market for customers to browse available products, a shopping cart for customers to store their desired products and a payment processor to facilitate customer payments to the company. The vendor I recommend for Kitchen Karousel is Premium Web Cart. This all-in-one solution integrates the storefront, shopping cart and CRM capabilities in a hosted, online solution. Among the many benefits to Kitchen Karousel, this solution offers reliability and ease of use.
Cost savings can be computerized accounting programs reduce staff time doing accounts and reduce audit expenses as records are neat, up-to-date and accurate. This system allows them to record business transactions accurately and generate financial reports quickly for management review. However if Rumble carry less transactions this means they won’t need to have computerised accounting system because it is very expensive for them to use. In this case it is best for them to have manual accounting system because it is reliable, cheap and easy to use. They can easily do their transaction without problems.
The internet has three main advantages compared with traditional retail outfits- these are: 1. Convenience- shopping online saves time including travel time, the cost of the park charges and the hassle of standing in the queue at the checkout. 2. Choice – have the ability to access to a massive range of products and services from all over the world, this can be gained through using the internet for shopping. This is the by the far the biggest advantage over the internet.
This would provide a new level or marketing and several new avenues for lower cost advertising that wouldn’t be possible without proper internet marketing for the café. The e-business would allow for the products to be sold online on an automated ordering system that doesn’t require any face to face interaction and the user controls the order. We now can sell more coffee and penetrate new geographical areas that wouldn’t be possible from the actual store location. Also, the café can conduct business 24 hours without the physical location even being open. This should definitely help with sales since the overhead for the e-business requires little attention besides processing the orders once they are
Outsourcing brings proven benefits in the form of economic leveraging, increase in the quality of products and it provides a number of opportunities to less developed countries. For example in recent times, Americans are overwhelmingly supporting the major retail stores like Wal-Mart, Target and K-Mart. The reason behind this consumer loyalty is that it has become much easier to shop at these locations rather than the local mom and pop stores located on the corner of most neighborhoods. The benefit is that you can purchase everything on your shopping list from one location, saving you time, money and gasoline. In a highly competitive business world, on a firm’s priority list is the subject of increasing profit and reducing cost.
Executive Summary Webvan was dedicated to providing customers with a shopping solution that saved time and effort without sacrificing the quality selection or low prices that consumers had come to expect of traditional grocery stores. Webvan’s sophisticated system filled orders accurately 99% of the time and provided on-time deliveries 92% of the time. When the system ran at its intended full-design capacity, it was expected to generate an operating margin of 12% compared with the grocery industry’s norm of 4%. In this marketing plan, we analyze the profitability of this new venture, with a particular focus on the distribution system of Webvan. Situational Analysis (5Cs) Company Established in 1999, Webvan aspired to provide better service than was available at modern supermarkets through a same-day delivery system; within a customer selected 3-minute window.
Develop an online business expansion proposal Western Governors University 1. E-Commerce Solutions (Ability to Pay Online) Netta’s aim is to keep the company and customer in mind when selecting a vendor to choose and how to benefit both the customer and the company. The best way for Netta’s to recognize how they will combine the purchase transaction the customer has previously chosen with what they would like to purchase from the website is to find the right vendor that will allow the purchase process to be as effortless as possible. The vendor that Netta’s would use is X-Cart. They are a shopping cart software and ecommerce solution with the capacity to compensate thousands of on-line checkout transactions worldwide.
Selling latest item on their site would get more customer, by getting more customers this will help Amazon business to gain better shopping place for customers. However Amazon get loads of customer’s everyday purchasing item from their website, this is because their products are very low cost which customers be happy to buy from them. They also give offers to customers who buys their items regular from their website, by giving offers like vouchers or free delivery on next order this would keep the buyers happy so they could shop more often on their site Amazons website is very masculine this is because the website has been using black and white colours with the normal fonts, but few days ago it was Halloween therefore they have made it look very attractive for the customers to shop on their website for Halloween styles clothing for kids and family as they have loads of Halloween products in stock they have putted all the items on low cost so they could get more customers shopping on their site. Because of Halloween they have designed the website homepage with all the top popular item that customers would be interested most they have done this so the
A disadvantage of having a 24/7 business is that you will have to pay more for staff to keep this e-commerce business operated at all times, people who would be operating the website are not on a normal wage like a shelf stacker it is far more. The negative impact of this is that it will set you back you profit margins you make in the business as you will need staff working 24/7. Customer information can be stored An advantage of running an e-commerce business is that customer information can be stored. The advantage of this is that a business can keep data on customer information the impact of this is that companies can easily get in touch with all their
Having an online website is great advantage as It allows customers to shop at all hours and have access to purchase all products. If for example you go into to buy a product and it is out of stock you have the option to go online and still get what you need. Additionally, the option to shop online addresses the various different customer demographics, such as individuals who are disabled, as online shopping could make shopping for groceries and other necessities a lot easier for such individuals. Therefore it is evident that technological factors have increased customer satisfaction by providing customers with an alternate shopping method. The stores can be affected in either a good or bad way by Technological factors.