A case study on E-commerce business model Assignment

A case study on E-commerce business model - Assignment Example E-commerce-a strong promotion & Market research tool: Richard who was supposed to be a gardener diverted in a medium which he thought can change his business distribution strategy if properly used i.e WWW. He was in need a mode to take his products to the people who are in search of the same. WWW is having no boundaries and can reach customers beyond horizons and can transfer data with more precision. trivial option for the conventional gardener as it was termed as an expensive tool and complex tool to work with. The professional charges to build a website with all the features were difficult to bear with. The initial investment is needed to place a website was a bit high. Prior to the advent of WWW, gardening companies have to register their company and their products to an apex organization to market their products. These apex organizations used to divert the customers to the respective companies for the products thus the medium in between was circuitous and complex for a customer to approach. E-commerce has eliminated these hurdles and kept the entire information required on the website that can be viewed by the consumers at their convenience. Unlike conventional marketing strategies, the website needs constant update and monitoring which was not an encouraging factor for gardeners. Richard has made a bold move by initiating the efforts to learn and implement the methods of developing the website. His initial efforts made to learn the pro and cons of using internet marketing. He constantly updated his knowledge and the technology thus set the platform that made him to entice more customers. He identified the channel where he can position his web link in the cluster of garden websites thus avoiding the high expenses incurred by the print and other physical medium E-Commerce an effective distribution channel: Richard has initiated the client relationship through email and the queries were addressed every mornings and evenings at convenient timings. E-mail correspondence has enhanced the reach as it can address the concerns and requests in a flash of time. The

Regression Analysis Research Paper Example | Topics and Well Written Essays - 2000 words

Regression Analysis - Research Paper Example It may also direct the researcher to other relevant and useful research studies. According to the FBI Uniform Crime Report (UCR) (2014) offenses such as motor vehicle theft, burglary, arson and larceny are all described as property crimes. All except arson involves the theft of money or property. In the case of arson, it represents damage to property. Motor vehicle theft and burglary are the two main property crimes of special interest because they are serious, prevalent and reliably measured by the FBI (Alfred Blumstein and Richard Rosenfeld 2008; 18). Additionally, only 32% of larcenies are reported compared to more than 50% of burglaries (Alfred Blumstein and Richard Rosenfeld 2008; 18). Several reasons are given for the difference in reporting rates and included among them is the requirement to report for insurance purposes. An important source of heterogeneity associated with the theft of motor vehicles is that a large proportion is stolen for joyriding as opposed to economic gain. The trends in crime statistics in the United States show a 16.3% decline in property crimes for the period 2004 to 2013 (FBI). In fact, burglary has been on a steady rate of decline since 1980 (Alfred Blumstein and Richard Rosenfeld 2008; 18). An explanation for this might be increase in sanctions in relation to burglary which makes it less attractive than robbery. In terms of motor vehicle theft the trend which changed n the 1990’from one of an increase in rate per thousand changed to a decline. This trend is still continuing (Alfred Blumstein and Richard Rosenfeld 2008; 18). The theft of motor vehicles has been associated with the era of crack when they were stolen to trade for drugs and later to prevent their own motor vehicles from confiscation. In order to reliably forecast the property crime rate several factors have been assessed through various studies. Several