Question

In: Economics

Please list business measures to maximize sales as B for B2C and briefly explain the technologies...

Please list business measures to maximize sales as B for B2C and briefly explain the technologies to enable them.

Solutions

Expert Solution

Business-to-consumer (B2C) refers to strategies and tactics wherein the company promotes its products and services to individual customers: creating, advertising, and selling products for them to use in their everyday lives. Under B2C model the company conducts the direct transactions with customers who are the end-users of its products or services. To make it a success company can create customer evangelists; raising brand awareness; boosting customer retention, loyalty, and lifetime value. Various technologies used for it's success are:

-- Advertisements: The media sites such as Huffington Post, a high-traffic site that mixes in advertising with the native content and assist consumer in their purchase.

-- Online intermediaries: These are liaisons or go-betweens who actually don’t own goods or services that put buyers and sellers together

-- Community-based: Social networking websites like Facebook can build online communities based on shared interests, assist marketers and advertisers get their products directly to consumers

---- Direct sellers: The people buy products from online retail sites which may include manufacturers or small businesses.

-- Fee-based: Direct-to-consumer sites such as Netflix may charge a fee thu enabling consumers to access their content


Related Solutions

list and explain briefly five disposal technologies for hazardous waste
list and explain briefly five disposal technologies for hazardous waste
The following is a list of “Measures of Size” for a farm/ranch. Briefly explain to me...
The following is a list of “Measures of Size” for a farm/ranch. Briefly explain to me why these are not appropriate measures of how well (or poorly) the operation is doing. You can either address each item on the list separately or as a group. Don’t just give me a definition – explain. Total or gross revenue Value of farm production Total farm assets Total acres farmed Livestock numbers Total labor used Quantity of sales
The following is a list of “Measures of Size” for a farm/ranch. Briefly explain to me...
The following is a list of “Measures of Size” for a farm/ranch. Briefly explain to me why these are not appropriate measures of how well (or poorly) the operation is doing. You can either address each item on the list separately or as a group. Don’t just give me a definition – explain. Total or gross revenue Value of farm production Total farm assets Total acres farmed Livestock numbers Total labor used Quantity of sales
The primary goal of business strategy is to: Select one: a. Increase sales b. Maximize profits...
The primary goal of business strategy is to: Select one: a. Increase sales b. Maximize profits over the long term c. Balance the interests of competing shareholders d. All of the above
please explain the following: a) briefly explain elasticity of demand and how it is measured b)...
please explain the following: a) briefly explain elasticity of demand and how it is measured b) Explain with diagrams and relevant examples, THREE (3) categories of price elasticity of demand. c) Explain any THREE (3) of price elasticity of demand.. please provide references
Explain why rewarding sales personnel on the basis of total sales might not be in the best interests of a business whose goal is to maximize profits
Explain why rewarding sales personnel on the basis of total sales might not be in the best interests of a business whose goal is to maximize profits
Please list the type of e‐business models and explain. Thank you
Please list the type of e‐business models and explain. Thank you
1) Briefly explain the following basic techniques and technologies: a. High-performance computing (HPC) system b. High-throughput...
1) Briefly explain the following basic techniques and technologies: a. High-performance computing (HPC) system b. High-throughput computing (HTC) system c. Peer-to-peer (P2P) network d. Computer cluster versus computational grid e. Service-oriented architecture (SOA) f. Virtual machine versus virtual infrastructure 2) Explain differences between multicore CPUs and GPUs in terms of architecture and usage
List the 6 reasons business carry inventory. Briefly explain 2 of these reasons. Discuss the key...
List the 6 reasons business carry inventory. Briefly explain 2 of these reasons. Discuss the key challenges and solutions associated with distribution management.
Please explain the Purchasing/Buying Decision Process when buying a new car in a B2C environment. Do...
Please explain the Purchasing/Buying Decision Process when buying a new car in a B2C environment. Do not forget to include all the major steps studied.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT