that lame thread-subject was just to make you come in here, hehe




I'm doing a 15 minute presentation on Internet Trade, the pros/cons for businesses and for the consumer...


What do you think is the pros/cons for a business about internet trade? I'm actually a bit puzzled by the cons...
(this is at university level, so I can't just state a whole bunch of bullshit )

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Check out my funky DNB Mix at Kapteinsortebill: KapteinSortebill's DNBMIX Trove

..[ manual defrosting is a thing of the past ].. diGNty

pro: for consumers it drives prices down.

con: for businesses it drives prices down.

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UnauthorizedTranceAddict Youtube Channel where I post older mixes from the TA DJ Promotion Forum

My mixes:

Still up:1:2

Down:3:4:5

con: security may be an issue. people don't feel safe giving out credit car numbers over the internet.

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Ron & Fez! Noon to Three!
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Cons for consumer:
They can't physically touch the good.
They can't try it on.
Shipping & Handling

Pros:
More of a selection

quote:

Originally posted by diffusion (this is at university level, so I can't just state a whole bunch of bullshit )

Never stops most people from getting A's...

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There are more things in heaven and earth, Horatio,
Than are dreamt of in your philosophy.

help me with my project, and ill help with yours

This idea hijacked from the United States Congress.

pro: I can sit here naked doing lines off my desk and shop. I dont think retail stores would appreciate that

con: no one can see my giant pen0r

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1776

quote:

Originally posted by DiMethGuy pro: I can sit here naked doing lines off my desk and shop. I dont think retail stores would appreciate that con: no one can see my giant pen0r

lmfao

HERE IT IS FOR YOU

Internet = Good for "Low involvement" products
- eg food (groceries), electronics, CDs, Books, Music, VINYL! etc
because these products are consistent, you know exactly what you are getting and product attributes are the most important thing,

Internet = Bad for "High involvement" products
- eg Furniture, Cars, Clothes (most of the time) etc
People have a significat emotional attachment or consideration in these products, and they want to "feel" the product and see how it looks, if it is comfortable etc. The tangible qualities are important.

also you have to wait a little bit before you get your hands on what you ordered...it takes the fun of the purchase sometimes..shipping & handling is the pain cause they deliver when u r at work and so you have to go pick it up from a specific location.

Suprised no one mentioned this one yet.
Pro - Internet shops are open 24/7, whereas normal shops aren't.

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Ah crap, forgot about that.

Some more advantages of shopping on the net:

* Shopping can be more convenient and faster

* Prices and offerings can change instantaneously

* Commodity-like products work best, digital products (software etc)are best of all

* Global reach - can reach customers all over the world

* An important one for the retailer is that they can built customer databases with personal details etc using Customer Relationship Management Systems (CRM)

For example, Amazon groups people together according to purcashes and buying behaviour, and then makes recommendation based on that group. I can't remember what this is called though.

Last edited by A.J. on Oct-19-2004 at 20:12