Chapter Nine: Products - PowerPoint PPT Presentation

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Chapter Nine: Products

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... would be the best place to buy digital electronics, but ... Best Buy, Circuit City. Bricks-and-morters-specialty retailers often are shopping destinations. ... – PowerPoint PPT presentation

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Title: Chapter Nine: Products


1
Chapter Nine Products Brands
  • Lauren Gaites
  • Lauren Sabol
  • Vicky Paccione

2
Core Competencies Undergird Online Competitive
Advantage
  • Core Competency A company's core competency is
    the one thing that it can do better than its
    competitors.
  • Web Marketing Today
  • Dr. Ralph F. Wilson, E-Commerce Consultant
  • Assess your interests, abilities and strengths
  • Monitor your likes and dislikes
  • Identify your Competitive advantage
  • Decide how to sustain your competitive advantage
  • Examples Google, Overstock.com, Amazon.com

3
Reports Readers Survey Suggests Shopping Online
for Electronics May be Best
  • You would expect that mass retailers would be the
    best place to buy digital electronics, but
    consumer reports found that shopping online may
    be a smarter idea
  • Ie. Best Buy, Circuit City
  • Bricks-and-morters-specialty retailers often are
    shopping destinations. Shoppers will travel
    considerable distances to purchase a certain
    product.
  • Ie. www.tiffany.com
  • Mass merchandisers such as Target, Costco,
    Wal-Mart have great prices but have low ratings
    in the service category
  • Bricks-and-clicks- businesses who sell their
    products both in-store and online

4
Mass CustomizationMadeForOne.com
  • Mass customization- enabling a customer to
    decide the exact specification of a product or
    service, and have that product or service
    supplied to them at a price close to that for an
    ordinary mass produced alternative".
  • MadeForOne.com- website designed to be a centre
    of news on mass customized and personalized
    products, and analysis of mass customization and
    personalization.
  • Most recently MadeForOne.com has added
  • Personalization Directory a directory of
    enterprises who supply personalized gifts and
    mass customized products of any type.
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