Online Goods And Services Flashcards
How do you online booking systems work
They display events available and customer selects the seat flight or holiday in the virtual shopping basket. Customer enters personal details. Payment is made and confirmed. Confirmation email ticket sent.
State 2 features of an online booking system
Facility to sort and search for seats available
Customer reviews
State two features of an online shop that would be useful to people wanting to buy books
Customer reviews of the book available to inform choices
Books rated by other customers
Name three advantages of online shopping for customers
Far greater choice because you’re not limited to one geological area.
You can shop all day, every day.
You do not have to leave the house.
Name three disadvantages for the customer of online shopping
You need Internet access and computer skills.
You cannot pay using cash.
Usually have to pay for delivery.
How can online shopping impact businesses
Online businesses can be located anywhere so they don’t have to pay high street rental prices. They also after need a smaller stuff – saving money. Because on my businesses do not physically display their stock they can usually carry a greater range of products.
How can on my shopping impact lifestyles
Easier access for people with physical disabilities or young children.
Available any time for people who work unsocial hours.
More choice of people in a remote area
Name three features of online shopping
24 seven availability
Customer reviews of products
Comparison of prices to similar products
How do online auctions work
The seller in bed at three online accounts. The seller supplies the description and a photograph of an item to auction. The bit with the highest bid at the scheduled time wins the item. The builder is obliged by the item they have won the auction. The seller. Seller and bidder exchange emails to arrange payment and delivery
Name three features of an online auction
Videos can search for items they want.
It is considered status of the beds.
Secure payment is arrange by the auction site.
Name three benefits of online auctions
The ability to search is easily for goods that you want.
Third-party payment options for secure payments.
A large number of sellers competing for business, which drives down prices
Give two ways in which online auction websites help buyers by safely
They enable buyers to pay using a third party payment processor such as PayPal.
They allow buyers to rate a seller which helps indicate if they are trustworthy.
State to benefits to the seller of selling on an online auction website
No need to have a physical shop to sell items.
Can sell as many or few items as they want
Give two drawbacks for accessing news and information online
Content presented as news but which is not from a reputable source may be biased or untrue
People who do not have access to computers may miss important stories.
Name three features of banking and other financial services online
Pay bills online.
Create new bank accounts.
Secure access provided
Give two advantages of an online banking system over telephone banking
You can view all transactions including historical ones.
You can print copies of previous transactions.
In online gaming what to players need to avoid lag
A high bandwidth and low latency Internet connection
Give to benefits of using on demand entertainment service
You do not have to wait for media to download before playing.
You dont use as much local storage
Sarah creates an online gaming account. Explain one benefit of Sarah doing this
She can personalise her character which can be saved for future games
In online gaming describe how the actions of Sarah’s characters are communicated to other players
Sarah’s computer sends messages about her action to a central server that tracks the movement of all players. The server then transmits these messages to all the other players computers.
Sarah sometimes experiences lag in her games. Give one possible reason for this
Her computer or graphics card spec could be too low
Sally wants to sell her products online. State three advantages to Sally of selling her products online rather than in a High Street shop
She can work from any location.
Low overheads.
She can sell to people around the world.
Give three advantages for the retailer of selling their products online
No need to distribute goods to shops.
Easy to make changes to products and prices.
The organisation can be located where ever it likes.
Give three disadvantages for the retailer of selling their items online
Skilled staff needed to develop and run an efficient website.
Insuring online payment security is difficult.
They need a delivery service and the facilities to handle returns.
Pets is a high Street pet shop. The owners are thinking of operating online. Describe two advantages to pets doing so as well as on the High Street.
Operating online will help them to reach lots of new customers who aren’t local to the High Street shop.
It won’t cost them too much to set up an online operation but it is likely to increase their sales significantly.
What is A transaction
A transaction occurs every time you buy or sell something
What is transactional data
It’s the information collected about a sale or purchase.
Why is transactional data extremely valuable to the organisations you buy from
It allows the organisation to keep a record of your purchases.
It allows delivery to be tracked.
Give three examples of what transactional data is collected by organisations
Details of the items purchased.
Personal information from your online account.
Date and time of the purchase.
What is transactional data used for
To understand customers’ buying habits and to see trends in sales.
To produce a more personalised experience.
To track delivery of the goods
Laura received an email with personalised offers a Music similar to purchases she has made previously. Explain why the online store sends Laura the emails
Because the offers are relevant to previous purchases she may be persuaded to buy more