Considering the level of competition in Business-to-Consumer (B2C) E-commerce environment and the investments required to attract new customers‚ firms are focusing on reducing their customer churn rate. Churn rate is the ratio of customers who part away with the firm in a specific time period. One of the best mechanism to retain current customers is to identify any potential churn and respond fast. Detecting early signs of a potential churn‚ recognizing what the customer is looking for by the switch
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Group members: Nguyen Chi Chung: 10296009 Tran Thi Ngoc Bich (Jane): 10296011 MID-TERM PROJECT NEW TREND IN E-COMMERCE: PHONEBLOKS I. Introduction Market overview Thanks to increasingly advanced technology development‚ explosion of smartphone usage during the past years has affected every side of life. Particularly in e-commerce‚ for example online retail industry‚ smartphone has had great influence on‚ directly motivating continuous innovation in this field. According to the IMRG Capgemini
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well suited to a combination of electronic and traditional commerce. In one paragraph‚ describe the elements of the service that would be best handled using traditional commerce‚ and explain why. Traditional commerce‚ rather than electronic commerce‚ can be a better way to sell items that rely on personal selling skills. 3. Briefly describe the specific activities that a motorcycle manufacturer might include in B2B electronic commerce for its supply management or procurement operations. The
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E-Commerce:The Indian Market Scenario Author:Gaurav Karmarkar In simple terms‚e-commerce(electronic-commerce) refers to exchange of goods that takes place online i.e via the internet.Based on valuation‚75% of the e-commerce in India is travel related(airline tickets‚railway tickets‚hotel bookings etc) while actual online shopping accounts for a mere 12-13%.The present day growth of the Indian e-commerce market is marked at about 30% which is nearly more than thrice that of the average 8-10%
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In the era of information technology‚ e-commerce is becoming one of the best ways to purchase goods and services. Not only it is fast but also it provides a lot of benefits to consumers. In fact‚ many companies have failed in e-commerce. However‚ there are also many companies are really successful in that field such as dell or ebay. In this essay‚ the reasons that make Dell‚ in particular‚ become successful will be fully discussed. According to “What-is-dell” (2007)‚ Dell‚ is a computer hardware
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E-commerce and Aspects of Intellectual property Law/ 421 March 12‚ 2013 E-commerce and Aspects of Intellectual property Nowadays‚ e-commerce is a type of business which is utilized all around the world. It is crucial to be familiar with certain legal intellectual property rules and regulations. These rules include: privacy‚ ethics and security. The article “Management of Intellectual property rights” by Josephine Chinyang Lang reviews the growing global trends in intellectual
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ARE E-COMMERCE VALUATIONS UNREALISTIC There are expectations of a $100 billion firm in the e-commerce industry. The valuation bar has only been raised with every round of funding in e-commerce. A firm that is valued at $1bn in November 2013‚ reaches a valuation of $3bn within four months‚ it jumps to $7bn figure again four months after that? Nothing surprising there given the potential of the sector. But all this rush of money into the system‚ in a short span of time is what worries one. Investors
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and they struggled to create and maintain its online business. It lagged behind from establishing a viable online book business‚ and over expanded its brick and mortar stores while other book business such as amazon continued to read current trends in e-books and began scaling back. Borders also made a mistake by not investing enough in research and development to compete with other popular counterparts such as Amazon’s kindle and other electronic books and devices (Boshman‚ Merced). We can learn
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Potential Risks of an E-Commerce System Computer viruses and malicious software are some of the biggest threats to an e-commerce system. Viruses come from external sources and can corrupt files if introduced into the internal network. They can completely halt or destroy a computer system and disrupt the operations of any website especially E-Commerce. Malicious software such as Trojan horses pose an even greater threat as they can capture information about your clients before any encryption software
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E-commerce and its big players Today‚ Ecommerce is the new mantra of business. The Internet provides an effective entrance strategy to the global market‚ even for the smallest players in the industry. With the universal ability to leverage on this additional dimension created by E-commerce today‚ which comes at a minimal cost‚ yet maximum efficiency‚ there is hardly any business without a supporting e-business platform in today’s world. Online retail giants such as Amazon‚ and of course‚ the up and
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