Friday, June 19, 2009
With the evolution of technology, most companies are carrying on E-Businesses besides doing the physical world business transaction. There are many success examples of E-Commerce such as eBay, amazon.com, lelong.com
and the list goes on.
The example of a success E-Commerce I want to share is Walmart.com.. Walmart.com is as a retailer, a subsidiary of Wal-Mart Stores, Inc which founded in January 2000. The headquarters is on the
Walmart.com successful causes are as following:
- Customers Services
Walmart.com is providing an easier access to the Wal-Mart. It has over 1,000,000 good-quality merchandise available online for customers with the lowest prices. It also gives customers the convenience of ordering products online and picking them up at a local Wal-Mart.
- Effectiveness
The secret of success in retailing is their business philosophy which based on simple idea of making customers No.1 by serving the customer’s needs first. In the addition, Sam Walton's "Always Low Prices" philosophy helps to attract more customers to purchase their products all the times and indirectly it does increase the company’s profit continuously.
- Payment Method
Furthermore, the key success of Walmart.com is the convenience and safety of payment. A variety of payment methods are available for customers when they do purchase through Internet. Meanwhile, the safety banking payment process making the website private and disallow hacking on customer password by other intentional hackers.
- Webpage Presentation
Walmart.com presents a clear and simple direction for the users. It classifies all products in departments and it is easy for user to search. Besides that, users can get the products details and compare similar products in a shorter time without step out from the house.
In short, Walmart.com is passionate about combining the technology and world-class retailing in order to give customers a wide assortment of their favorite products, Every Day Low Prices, guaranteed satisfaction, friendly service, convenient hours (24 hours, 7 days a week) and a great online shopping experience.
Labels: Week 3
quote from the independent
http://www.independent.co.uk/news/business/news/dotcom-delight-as-amazon-makes-first-profit-after-3bn-losses-665950.html
So this show that even the internet giant like Amazon can't make profit at the beginning of stage.Many internet companies couldn't survive the beginning stage, i would say pets.com is the one of them.