Explain how Internet Marketing can make your business more efficient, effective and successful (P5) The increasing availability of the web gives Adidas all kinds of opportunities to speed up their interaction with both suppliers and customers. Tis can lead to a number of efficiencies. Supply chain efficiencies: A business will always be both a buyer and a seller, buying products from other businesses , buying product from others and selling to others or private consumers. A company like Adidas has to buy the materials it uses before it can sell finished products. For business working with supply chains they can create smother, faster ways of dealing with the firms they regularly buy from.
Microsoft offers 2 physical CPUs per license where VM only offers one per CPU. Additional may be bought and stacked if more CPUs are needed. There are some additions that can be paid for, but more everything is include with the platform. VMware offers its platform but every addition there is a licensing fee attached, which is why the company makes additional money. For overall cost, in my opinion Microsoft has the advantage.
• Customer Service – Businesses should aim to have good customer services because it is important to keep customers happy. How multimedia can help businesses to meet these objectives Navigation of a website – websites often use multimedia features on their website to make navigation easier and to make it look good. For example a continuous reel of moving images may be placed on the homepage of a news website to show each of the featured headline stories. This makes it easier for the users to see important information, special offers or links to featured articles/products without having to search through the website to find it. This sort of multimedia can act as a focal point on the homepage of a website meaning that users are instantly drawn to it as soon as they open the page.
This has the benefits of setting the companies goals toward certain consumers. McBride Financial could expand their business to meet the growing demand of a great financial company that on the consumers side. With the growing demand for better loan options availability McBride Financial could research the market for more wide range of loans they will be able to offer to the consumers. "Targeting a specific market does not mean that you have to exclude people that do not fit your criteria from buying from you. Rather, target marketing allows you to focus your marketing dollars and brand message on a specific market that is more likely to buy from you than other markets."
Supports the company’s business strategy and objectives b. Training can be delivered to geographically dispersed employees c. It can link learners to other content, experts, and peers. d. Provides ample proof concerning return on investment. 28. Online learning allows more employees to gain access to these types of programs in a quicker time period than if face-to-face instruction is used.
Increased Profit Opportunities Company S will also increase dealership motivation by providing additional profit opportunities. This includes providing the dealerships with marketing and advertising and sales promotions, as well as offering the dealerships credit terms on their product purchases. Through these opportunities, Company S will strengthen its relationship with the dealerships. Again, the disadvantage is through an increased cost to the company by means of advertising dollars and carrying credit terms. 3.
The job of a salesperson ranges from order takers to order getters. Personal selling is the key to developing strong relationships because it is directed toward achieving mutually satisfying results between customer and seller, which will sustain and enhance future interactions this is very important because it is a lot cheaper to retain current customers than to attract new ones. However, “In a results-oriented environment, the foundation of many compensation systems, sales quotas can focus sellers and managers in a direction inconsistent with customer-oriented selling.”(“Evans”,
1. What should Calyx Flowers do? Chose Strategy3 “Increase Internet Advertising” Frist, to compare three strategy, I made some assumptions. -Additional promotions budget (cost) is same in each strategy -Response rate could improve by 25% in Strategy2, by100% in Strategy3 -Orders from customers consist of 60% by phone and 40% by Web in each customer. Although we need more information such as the relation between advertising cost and customer response rate, based on my assumption this strategy could be most profitable.
Therefore, it could facilitate the growth plans of BBQfun. For e-commerce, it would have strong effects on growth plans of BBQs. Owing to selling products through e-commerce, customers could easily order products everywhere and every time. As a result, the sales volume as well as the revenue would increase and simultaneously broadening the customer base. With regard to selling products at bargain prices, BBQfun could raise its market volume because the lower price would be an incentive to encourage customers’ purchasing.
The company offers free shipping and customer service that often times goes above and beyond normal company policies via their call center representatives. In order to provide exceptional service, Zappos.com takes on larger shipping bills and customer service training programs in order to maintain their customer loyalty. In regards to a possible way that Zappos.com could cut down on their expenses related to these services, the company has a few options. They could negotiate or re-negotiate contracts with an exclusive shipping company such as UPS or FED-EX. It is possible with the amounts that the company spends on shipping that either of these companies would want to contract a future over the shipping rights in the business.