Preview

P6 Internet Marking

Better Essays
Open Document
Open Document
1828 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
P6 Internet Marking
P6 Challenges

Security – Process, Physical evidence

Security is highly important in many businesses, security is a protection on a business from threats that they may face. There are many types of security Puma should look into securing and safeguarding such as security for payment, customer confidential documents security, etc. Since in business customers will clearly be buying from Puma so they have to input their details and buy online. Puma should increase their security by inputting high security measures such as Firewalls, virus protection, systems that are anti hacking, and a secure record that decreases the threats of hackers. So this will result in customers being satisfied with Puma and will create customers to feel safe and gain trust in them in providing their details to them online. A business permitting online transactions is a high risk and challenge to take as this means that Puma will have to plan and develop a business strategy to decrease any risks. Puma could put in place passwords and secret codes to make security impossible for any threats such as hackers to hack or steal any important confidential information. Online transaction is important for Puma if they did not use it their rivals will and their rivals could use it as an advantage over Puma. “Computer users need Internet security to protect vital information that can be used in identity theft and to prevent viruses from damaging or burden their PCs” http://www.ehow.com/

Competition – Dynamic Pricing

Competition is mainly about customers having trust in the business and the business capability to compete with main rivals such as Adidas and Nike. Puma’s competition aim is to become the number one clothing retail organisation in ranking, also in a process of competing with their main rivals Adidas and Nike who both also battle to be in first and second place in the rankings. Competition means to provide the best for customers so that their customers will increase and existing



References: http://www.brandfinance.com/images/upload/sportsfull.pdf http://www.copyblogger.com/start-facebook-page/ http://moneyterms.co.uk/ http://www.guardian.co.uk/technology http://technorati.com www.pricerunner.co.uk

You May Also Find These Documents Helpful

  • Best Essays

    An analysis of the competition indicates there is availability of substitute produces and threats of new competition entering every year. The retail industry provides steady competition among business and within departments of the organization. Target offers a wide variety of products and services, which leads to an immense competition pool. The organization provides services with photo development, pharmaceutical, prepared food with some locations having chain…

    • 2491 Words
    • 10 Pages
    Best Essays
  • Good Essays

    A healthy rivalry can generate consumer interest for the product and services offered due to the competition between businesses. This usually produces publicity and it can generate a more perceived need or desire. A key element to rise above the competition is to provide high-quality service and putting the consumers’ needs first. Competition can be effectively combated by emphasizing on how different and exclusive the features of the business products and/or services are. By stating how you are different from a widely known competitor, you can often more easily express your differentiation.…

    • 898 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Lululemon Case Analysis

    • 4331 Words
    • 18 Pages

    An evaluation of the rivals within Lululemon’s industry and analysis of a strategic group map for athletic apparel industry…

    • 4331 Words
    • 18 Pages
    Powerful Essays
  • Satisfactory Essays

    E-Business is much more than just a shopping website. It expands individual’s knowledge and vision of the organization, gains new customers and evaluates the relevance of the products and personal preference of the clients. Safety and security is always necessary to protect intellectual properties and customers privacy. E-Business organizations use the best technology in order to grow and create strategies to maintain affordable prices.…

    • 423 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Competition’s products are mostly sold in department stores as well as mass merchandisers at a reduced price…

    • 470 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Competition in most cases is a good thing. Athletes often profit the most from competition because they are forced to give their all on every play. Even a world class athlete, if he has completion will be pushed further and will have to give in to his own agenda (laziness) to remain competitive. Competition in the market place is no different; it combats most company self-interests and instead provokes producers into wealth-creating activities.1 The competitive process I feel also provides an even stronger incentive for producers to operate efficiently and heed the views of consumers.…

    • 400 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Today competition in fashion retail sector is very high, this results in power of suppliers being low and bargaining power of customer being high. Also the level of substitutes is very high.…

    • 3709 Words
    • 15 Pages
    Powerful Essays
  • Satisfactory Essays

    When it comes to online marketing there are many risks an individual can face when it comes to purchasing online. As this generation is all about technology most things that are set up online require personal information for example New Look requires its customer to set up an online account to purchase items. This may make the customers wary, as they wouldn’t like to become a victim of fraud due to payment security being an issue.…

    • 341 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Risk management is the ability to identify, assess, and prioritize risks depending on the threat they poses on a business and the resources available. Most organizations are operating their business online nowadays. Many industries such as banking, insurance, selling of goods, offering of certain services are turning their operations online. E-commerce has many challenges that threaten to make any organization conducting online business to fail. The ability to identify, asses, and come up with solutions to the risks in the e-commerce industry is essential in ensuring success of the organization. One of the major challenges of e-commerce is the legal implications among others. Due to the nature of online business that it is worldwide and that many people can access it, legal matters are a crucial issue in the commerce. E-commerce business is growing rapidly leaving the legal systems in a struggle to adapt to the growing industry. Likewise, e-commerce organizations need to come up with new procedures and rules for the business. The growth poses many issues on regulation and many legal questions. How do authorities regulate digital content? Can national laws of a country apply in the web business? Can there be protection of privacy and protection of data in the internet? (Shah, & Nagree, 2001)…

    • 3466 Words
    • 14 Pages
    Powerful Essays
  • Better Essays

    We now live in a world where we as consumers are free to shop 24/7. The world wide web has given us greater access to consumer goods than ever before. As more and more purchases are taking place virtually, where there is no face to face interaction between a buyer and a seller, the need to ensure that online transactions have been made securely is vital to the online shopping community. For e-commerce to prosper, consumers must have absolute confidence that when they pay for goods or services online that the confidential information that they are entering will not be stolen or used maliciously.…

    • 2214 Words
    • 7 Pages
    Better Essays
  • Good Essays

    First of all confidentiality in respect to information systems is where information is restricted or limited to only persons authorized to use it. Confidentiality of information is especially important to businesses that thrive on sensitive customer information, example those who receive payments online and banks who store customers financial and personal information. However it is also a great concern to companies such as retailers and manufacturing companies as they may depend on this information to a certain extent (e.g. to decide on effective marketing strategies and to gain a competitive advantage). Confidentiality of a business’s information may be threatened in many ways. Persons may try to gain unauthorized access of a business’s sensitive information for personal gain e.g. identity theft and phishing. They may also attempt to steal secrets such as a business’s trade secrets and processes which give them a competitive advantage and also government agencies top secret information. Some technologies which can be used to increase the level of confidentiality are authentication methods which control the access to certain information such as password logins, single sign on, password updates and specifications.…

    • 654 Words
    • 3 Pages
    Good Essays
  • Good Essays

    the impact of customer of security security. This paper investigates perceptions on e-commerce as the Trust is examined factor of the re acceptance. mediating as the research are Internet banking domain because bank customers lationship, using sensitive concerned about processing information like financial information. A generally control commerce…

    • 11098 Words
    • 45 Pages
    Good Essays
  • Good Essays

    As an aside, most financial institutions have taken significant steps to ensure and provide for the security of their customers and their customers’ money when it comes to online computer and banking. Initially, people were reserved about the prospect of using online computer and banking services for fear that their accounts would be improperly accessed. While security measures are not flawless, they have become significant in recent years and do provide a hefty lot of protection to the consumer and the public.…

    • 1240 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Online Shopping

    • 370 Words
    • 2 Pages

    3) The security of online shopping sites, while providing the best online payment transactions. In addition, there are many aspects of the payment options for customers convenience. While online shopping you can only own products, but if you want to send a special gift for special occasions, loved ones, there are online…

    • 370 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Since of the fast technological inventions, people are more depends on the technology. In Banking sector customers are now can operate their transactions through from their mobile or an e-mail whenever they wants from any place. This will makes customers life easier and to reduce the time of waiting in queues to do the transactions, also it’s minimize errors throughout banking operations. This technology will keep clients away from the bank and it will major impact on personal relationship with the clients and officers in the bank. The importance of PR is KYC (Know Your Customer). Throughout this transaction as a officer we are unable to identify the transaction reasons. If customer visits to the branch to do a transaction there is a form to be filled mentioning the reason to do the transaction. These methods will make 100% customer secure through his or her transaction through the bank. In Mobile banking if customer lost his or her mobile all the financial information can be known to 3rd party. If that 3rd party transfer the funds to overseas Bank it is impossible to do the reversal.…

    • 191 Words
    • 1 Page
    Satisfactory Essays