P5 Explain how internet marketing has made a selected business more efficient, effective and successful. The opportunities for business efficiency based on the increasing availability of the web technology which gives Perfect Paints all kinds of opportunities to speed up the interactions with both suppliers and customers. Therefore this can lead to a number of efficiencies. Firstly, the supply chain efficiencies is when 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 Perfect Paints has to buy the materials it used before it can sell finished products.
Role of Technology Paper Anthony Bando University of Phoenix BIS/318 Damien Edwards October 24, 2011 In today's business society, technology including hardware and software, is a critical role of all major businesses and corporations. Technology is essential in this current place in time to compete in the retail business. Technology can make the lives of a company easier as well as consumers who are willing to use it and save time and sometimes money. Technology can be in many different forms within an organization. Certain technologies enable customers and employees to communicate needs faster.
JBT Task 1 A1. Gaining market share is widely based on a company’s strategy and approach. When a company expands to the internet, it is important for them to have a purpose. For Pharmacy ABC (name changed to protect my customer), located in Columbus, Ohio, going online would be beneficial for several reasons. Advertising would help them focus not only on their current customers, but more so for the younger generations that have adapted to search and learn through technology.
But if he thinks as a reasonable person he would think about his company’s position and would work it out to find some other family member to take care of his grandmother. 6. What are my audience’s values in relation to this message? What do they care about most? Jeff Clarke is a valuable person for the company, but his past conduct (considering his grandmother’s sickness) demonstrates that he gives priority to family issues over work related issues.
Professional marketing manager must be hired to market the website. Marketing of the brand on social media, everywhere on internet, Children magazines will attract a huge lot of potential customers towards the store. Promotion campaigns must be started in the schools and ladies clubs to attract children and mothers towards the products. At the start of the online business, the store must attract the customers via promotions, huge discounts, and free gifts. Moreover, children T-shirts, pen, pencil, and other stationary items with printed name of the store and logo must be given as gifts to the customers.
More and more business relies on information technology because the manager of these businesses realizes the big difference between the traditional model and the new model. Amazon is a good example. When Amazon’s founder saw the opportunity to change the way people buy books, using the big power of IT, he made a successful move and expanded Amazon.com, making it a comprehensive online shopping website. This article will show how supply chain management and customer relationship management works in Amazon.com and how they affect Amazon.com to get big success. Company Overview Amazon.com, Inc. is an American multinational electronic commerce company.
The reason they’ve introduced them is because it encourages customers to come back to the store which means they are turning into regular customers, which would definitely benefit the business. Customer support processes for online systems As new technology has been introduced, there need to be customer support and guidance of how to use the product. Nowadays this can be find on internet , on the website of the company where they’ve got the product from where the customer can even send an email directly which can be answered shortly. Another way companies deal with customer’s enquiries is by using the systems where a customer has to ring a specific number and then it comes with option “press 1 if....” ,
Business Models and Systems Candis Fritts BUS/210: Foundations of Business February 16, 2014 Haven McCall The key components of the local business that I have selected (Family Dollar) are: * A new broader array of products to customers * More convenient shopping and check-out experience * More payment options at the register They wanted to broaden its merchandise assortment, to increase the types of tender and integrate its point of sale equipment with backend software. They not only wanted to complete their annually budget and forecasts quickly as well as accurately, also to analyze their 7,400 store portfolio and plan accordingly to meet their current as well as for future demands. The
To remain competitive, ebay had to develop strategies, which includes define the businesses it would be competing in and how it would compete in those specific businesses. It also needed to decide how it would be a successful service to its customers. * Corporate Strategy: to become a diversified business ebay wanted to diversify not only the products it offered but also its customer base and global reach. The service it provides is appealing to both individual customers as well as large corporate customers. Hobbyist and collectors, casual sellers, professional buyers, and corporate sellers all belong to the ebay customer base.
Thus, employers must establish and develop acceptable use policies that will serve to educate and inform employees about the acceptable use of workplace computers and technology. Restricting Workplace Computer Usage The use of technology and the Internet, in the workplace, offers many new opportunities for businesses. The use of technology and the internet allows many companies to reduce operating costs and expenses, to increase communication with employees and customers, and allows employees to perform their jobs more effectively and efficiently. The establishment of a site on the internet also enables companies to operate on a larger scale and easily expand product lines. However, in addition to using the Internet for work-related purposes, employees are also using the Internet for personal use, whether for sending personal e-mail messages, playing computer games, downloading pornography, shopping online, checking stock prices, or gambling.