Along with the ease of being able to shop online and pay for the goods electronically with phones there are several risks attached with it too. In the current era of fast networking and with so much being done on the internet in various fields, especially the transfer of information which has never been so rapid. The way how shopping was done has also changed dramatically in the more advanced societies. Unlike the conventional methods of going to a shop people now prefer the ease of being able to shop directly from their homes which is time-effective and also allows choosing from a huge variety of goods. With the introduction of smartphones orders can now be placed directly from the phones and also payments via credit card can be processed.
Besides that, customer also can purchase in Walmart e-commerce website by using lesser time. For an example, customer can have any purchase during their short break while working. Cheaper The price of the products that selling in the Walmart e-commerce website is cheaper compared to other market, because they are having a mission and vision of saving people money so they can live better lives. For instance, most of their customer’s salary is under the average salary of the country. Although the price of the products in Walmart e-commerce website is cheaper but they still provided discount off for customers to purchase online for cheaper price.
The first example is the findings which helped devised a business strategy for the telecommunications sector. Threat of new entrants: It was found by Sutherland (2014) that the telecommunications market tends to be a monopoly or oligopoly due to the requirements of large investments and economies of scale. There are also the requirements of legal documents such as licences which can create a barrier to entry. Bargaining powers of suppliers: Sutherland (2014) notes that, the suppliers (Governments) offer monetary aid and funding in an effort to help develop new technology in this sector. Threat of substitute products or services: According to Sutherland (2014), there have been many attempts to find a substitute for the high costs of mobile networks.
Most of them being its target market. However, people who are not interest in music – a way virgin mobile uses to advertise itself, they will not pay attention to the company’s ads, thus many may not know about the benefits the firms plans to offer. To attract new market and cater to them, Virgin mobile should opt a new strategy that would segment the market and prioritize it. And then later positions its products and offering across the same to enhance its value proposition. • Expansion of virgin Group: With the company expanding rapidly and in different areas and sectors, for example: radio, airlines, travel, films, internet, etc., the company loses a lot of its capital assets on investing in these new properties and land.
In an ever-increasing market for technology, people find ways that can aid in a more convenient lifestyle over other methods. Two major examples of technological convenience in people 's’ lives computers and smartphones. On one hand, Computers are very sophisticated machines that can interpret data and produce outputs, many times through the medium of entertainment. However, one could argue that a modern-day mobile phone can be just as complex and capable to that of a PC. Under different conditions, it becomes clear which shines brighter as the better alternative to the other.
A remote (voice mail) answering system is usually more desirable than using an answering machine. Voice mail is reliable, reasonable in cost, accessible from anywhere and projects a more business-like image. The need for an 800 number is becoming less important because long-distance rates are much more affordable. Consider using either a wireless or corded headset for both landline phones and cell phones. It is clearer, safer and you can move about with free arms.
That is why there, in telecommunication line, there are lots of brands that are now in the market. By means of enhancing the brand and the quality, it helps enhance consumers trust and reliability towards the product. In a way that the brands help to strengthen the need to maintain high quality based on the company’s reputation. However, monopolies or any company that are in monopolistic competition are also facing price discrimination. Like for example, cellular phones, that are almost the same in physical form, in features and in to purpose but still they differ in prices.
• It is also a relatively low cost medium as it is not as expensive as radio or television. • With the newspaper there is more ease of scheduling advertisements as one can choose particular days depending on when circulation is best. • Unlike most other mediums, with the newspaper, one always has a reference point as they can keep particular information. The disadvantages of using the newspaper to pass on information are; • As with most mediums of communication, there is waste circulation as it’s harder to target a particular audience. • There is also the chance of poor color reproduction sometimes which can be a bit of misinterpretation especially with branding.
the company want to give the fastest payment transaction for the consumers so that they will be having a hard time dealing with the payments. So for the consumers to accessibly transact their payments easily, the company will be having a Gcash payment transaction for the consumers where they could pay it through their cellular phones, which is more easier for the consumers because their cellular phone are just beside them, and in just one click, the consumers are able to pay for what they bought already. After that, the task of the company is giving the reference number and give the online receipt to the consumers. The resources needed for these are human resource and finance; where human resources need an employee for the payment checker which is one of the owners and a cellular phone for the Gcash payment of the consumers which costs about PHP3000. Applying for Gcash payment has no
The first one is the system can help solve problems with domestic election systems such as lacking flexibility with respect to time frame. Also not all voters have a physical accessibility to the polling stations that can be the cause to prevent the voters or the citizens in casting their votes. The second reason for the interest in electronic voting solution, it is connected to the number of elections during the year. Many people do not usually want to visit polling stations very often. In this reason, it shows that electronic voting really benefits the people who are not able to go to polling stations and to those who do not want to visit the place (ŠILHAVÝ et al., date)