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What are the advantages of using e-commerce?
Fundamental Benefits of E-Commerce are illustrated below:
The major benefits are increasing sales and decreasing costs. The other benefits are as follows:
1. Increased accessibility to customers
2. Convenience of making comparisons
3. Increased Profitability
4. Innovation: E-commerce enables business organization to create new products or services.
5. Improvement within consumer service: There is a direct advantage into improvement of consumer service. High levels of customer satisfaction generate raised sales and profits.
6. Tangible advantages
7. Strategic Benefits
What are the strategic benefits in e-commerce? Strategic Benefits: This helps to reduce labour cost and delivery time and also the cost incurred within the given areas:
Discuss about the product line simplification. In certain circumstances, a company may accept the strategy of slimming or contracting the product mix this may do so by abandoni
the advandages and disadvantages of marketing philosophies.
CONSUMER MIND IS A BLACK BOX-DISCUSS
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In marketing the concept of 'physical evidence' refers to some form of reassurance of service quality before purchase.
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The constituents of the marketing communications mix Business-to-business markets have usually been quite specific in terms of the promotional tools and media used to target
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Explain Henry Assael Model of buying decision behaviour along with the diagram
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