B2C- E-tailing Flashcards

1
Q

Characteristics of successful e-tailing? (5)

A
  • High brand recognition
  • Digitized format
  • Relatively inexpensive items
  • Frequently purchased
  • Commondities with standard specification
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2
Q

Advantages of successful e-tailing for sellers (4)

A

Lower product costs
Market outside vendors region
Quick respond to market
Small business compete with larger

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3
Q

Advantages of successful e-tailing for buyers (4)

A

Compare product and prices
Overcome time/space contraits
Delivery
Group buying

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4
Q

Direct marketing

A

Marketing that takes place without intermediaries between sellers and buyers

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5
Q

Pure-play e-tailers

A

Firms that sell directly to consumers over the internet without maintaining a physical sales channel

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6
Q

Click-and-mortar

A

Retailers that offer transactional website from which to conduct business
Multichannel business model: physical and online

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7
Q

Internet online malls

A

Referring directories
Shared services like malls that help arrange payment and shipment etc
They also have online group buying like personalized shopping events, wedding etc. Memberclubs, group gifting online, location-based-e-commerce, shopping in virtual worlds (automobile)

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8
Q

Groupon benefits for customers

A
Discounts 
Discover new products 
"Side" deals offers pga group 
Personalized deals 
Learn more about vendor in region 
Can tell friends family
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9
Q

Groupon benefits for merchants:

A

Can sell large quantities
Save money on ads
Repeat customers
Lower customer acqusition cost

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10
Q

Issues in E-tailing?

A

Disintermediation: the removal of organizations process layer responsible for certain intermediary steps in a given supply chain

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11
Q

Disintermediation

A

he removal of organizations process layer responsible for certain intermediary steps in a given supply chain

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12
Q

Reintermediation

A

The process whereby intermediaries (either new ones or those that had been disintermediated) take on new intermediary roles

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13
Q

Issue: Channel conflict? Cannibalization:

A

Situation in which a online marketing channel upsets the traditional channels due to reals or perceived damage from competition

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14
Q

3 less important but issues in e-tailing

A
  • Speak with one voice: extension of the experience in traditional transaction
  • Leverage multichannels: amazon pickup stores
  • Empower customers: 24/7 channel for customer service
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