Chapter 1.3, Problem 5SW

Program Plan Intro

Buying habits of friends or co-workers:

When anyone buys anything (online or offline) for their need, they first look for the below things:

• Cost of the product.
• Brand of the product.
• Review or ratings for the product.

About “Alibaba.com”:

Alibaba is an online shopping website which was founded by Jack Ma in the year 1999. It is acting as an e-commerce portal for buying and selling the goods. Later it has extended its service in finance, auction and commerce.

It is one of the leading internet companies holding the world’s highest IPO (Initial Public Offering). It provides trade, membership and value-added services which make the people to attract towards the website.

It provides separate help center for buyers, sellers and new users. It is the world largest online business-to-business trading platform. It makes the consumers to buy goods at wholesale prices. It facilitates the small buyers to buy small quantities of goods at wholesale prices with the help of “AliExpress.com”.

Explanation of Solution

Comparing “Alibaba.com” with other websites:

Consider digital camera is a product that is needed to be bought for wholesale and sell it to customers for a profit.

There are many e-commerce websites, where they provide lots of products for customers at specific costs. They too provide with good quality. But when coming to buy for wholesale, “Aliababa...