Identify other key resources or capabilities possessed by Next discussed in the article. Capabilities: One of Next’s main capability which Wolfson implemented on Next was to change the existing methodology that was used by Bronek Masojada, with respect to his ideology which he executed was the use of the catalogue, and replace it with modern day technology by introducing ecommerce, which paved way for consumers to purchase goods online, this then gave Next a leverage over other stores as well as avoid the disturbances caused by Covid-19. With ecommerce next has been capable of generating 500m in sales in overseas Online store label which started off as an experiment selling sports wear has been making good money around 500m just last year With the innovation of total platform next has become online host for other well known brands to help launch their products on ecommerce. Which can bring customers to next website. With covid-19 around the corner next online sales have been all time high as customers are keeping social distancing in mind and ordering clothes online. Its offer end to end service and takes a percentage of sale from the company just paraphrase this
Q.1) Identify other key resources or capabilities possessed by Next discussed in the
article.
Capabilities:
One of Next’s main capability which Wolfson implemented on Next was to change the existing methodology that was used by Bronek Masojada, with respect to his ideology which he executed was the use of the catalogue, and replace it with modern day technology by introducing ecommerce, which paved way for consumers to purchase goods online, this then gave Next a leverage over other stores as well as avoid the disturbances caused by Covid-19.
With ecommerce next has been capable of generating 500m in sales in overseas
Online store label which started off as an experiment selling sports wear has been making good money around 500m just last year
With the innovation of total platform next has become online host for other well known brands
to help launch their products on ecommerce. Which can bring customers to next website. With covid-19 around the corner next online sales have been all time high as customers are keeping social distancing in mind and ordering clothes online. Its offer end to end service and takes a percentage of sale from the company
just paraphrase this
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