e - commerce Flashcards
(5 cards)
international markets
businesses can reach these more easily - as part of the marketing startegy a business may want to target people in foreign conutries with online promotions
cheap so small firms can do this too
keep up with this changing trend
higher customer expectations - low prices, free deliveries and returns are expected and an easy to use website, if not other websites are more attractive
more comp - lot more firms to compete with meaning it is easy for customers to compare prices
why is e and m commerce becoming so good
increasing number of people on the internet
improvement in tech means the service is becoming more reliable
advantages
wider markets - more potential customers so sales may increase
saves money - brochures and product info no longer need to be printed out
drawbacks
specialist website or app designers may need to be employed
staff may need to be trained