More and more people these days prefer online shopping than shopping in malls because of so many advantages and benefits. People from all over the world have accepted online shopping sites because of the convenience provided like from shopping in their pyjamas to convenience for elderly and disabled. Not only this, online shopping sites also provides a wider choice of products, avoiding upselling or impulse buying, better prices, good for the environment, and
Support activities of Amazon include administrative and finance infrastructure; human resources management; product & technology development and procurement. This leads to less cost and more profit margins. The Walmart value chain is also almost the same except there are physical stores involved in between while Amazon has everything through online platform. Thus if we analyse the value chain is almost the same for Walmart, Amazon and eBay. Condiering the comeptetive forces anlaysis ofr all three : • Rivalry in the industry: This is fairly weaker; however Wal-Mart enjoys the topmost slot because of lowest cost, prices and more profits and market share as compared to Amazon and eBay.
This makes shopping on the website much more convenient than many people would expect since it allows the client to make most of the foot wear purchases for exotic and the latest fashion foot wear on the website without needing to log on to term sites. This is an important aspect linked to any good online store as it reduces the effort required by the consumer to shop in this day when people have many online registered websites making it quite difficult to manger them
Comparing prices is faster online. Some websites, such as Lazada or Zalora, allow shoppers to compare product cost and customer satisfaction. Unlike shopping at stores, you do not have to wait in a line or wait till the shop assistant is ready to help you with your purchases. You can do your shopping in minutes,
Amazon goal is to lower their prices than Walmart. Walmart feels threaten by Amazons by wanting to improve their sales, inventory, and the store website. Best Buy competes with Amazon by changing the store appearances. Personally, I have gone to Best Buy and see something that I wanted was too expensive. So, Amazon would have the product at a cheaper price.
The most valuable reason for the popularity of online shopping among the people is its high convenience. First of all, online shopping allows the customers to buy products at any time that is convenient for them. While traditional brick-and-mortar selling businesses tend to work during specific time periods, online shopping is accessible at any time. An immense benefit of online shopping is that it is available 24/7. As a result, the customers do not need to think that they will not manage to buy something since the shop is already closed.
Wal-Mart 's dominating retail presence secures them a strong market position, while not classifying them as a specialty store. At all Walmart locations, consumer shopping needs are not limited. While offering low price alternatives, they make shopping easy and convenient for their customers. To encourage recurring traffic to Walmart locations they offer programs that ensure a 100% money back guarantee if you are not satisfied with the products you purchase ("Wal-Mart Stores Inc…"). In regard to their inventory turnover ratio, compared to competitors, they are able to cycle through their inventory faster than other major competing retail brands.
Other than that company is offering a wide range of products at competitive price it is completely online base which reduces operation cost, allow their customers to compare the price in the precious time even they provide smart tools, free shipping opportunities to its customers. After wards it is handling its operations in this manner that it handles its customer relationship via websites different companies can sell its product through using Amazon and even it is offering different kinds of services including web design, solutions related to e-commerce
Customers are not constrained to stores within a 15 mile radius, they are able to search in stores around the globe. Within minutes the exact item they are looking for is in transit, patiently waiting to reach its destination. This process can take several days or weeks which is one of the greatest down falls of online shopping. Even though traditional stores can only hold a limited supply of a certain item because of space capacity, the product selected within minutes is paid for. With the exception of a line or two, the wait time in stores like Walmart is much less of that for online
Although there are some advantages of pursuing an online degree; online courses save costs and time and provide many options, the disadvantages surpass the advantages; online education programs have restricted communications with faculty, have limited practical learning, and have low reliability to employers. By using electronic devices with the internet, such as laptop and smart phone, taking online courses is convenient and easy to access. Students who take online courses for their degrees can keep their money and time since they do not need to take public transportations, like bus and subway, and they do not have to drive cars. Moreover, thanks to cheap tuition for online courses, they can save their money. In an article about online degrees, the author mentioned "The Florida Legislature has directed the University of Florida to start fully online bachelor’s degree programs and set the price for residents at three-quarters of the campus in-state tuition, or about $4,700" (Lewin, 2013).