Concept explainers
To discuss: The reason why people are not choosing online shopping even though they have internet facilities.
Introduction:
An electronic mode of purchasing goods and services through online is said to be online shopping.

Explanation of Solution
Most of the people have trust issues in online shopping. For example, invasion of privacy and credit card fraud. The consumers can easily fails in the online purchasing through their attractive offers, discounts, and coupons.
To discuss: The reason why Person X is unwilling to purchase on online.

Explanation of Solution
Mainly people are unwilling to buy electronics products through online as they have many outlets through direct sales. Because they don’t think it is a safer mode to purchase online than the direct sales.
To discuss: Whether online shopping benefits even though the consumer does not purchase.

Explanation of Solution
Consumers are benefited even though they do not shop online. The benefits like they can get to know about the products and service can make research on the required product, price, and availability. Thus, consumers get benefited even though they do not shop online.
Want to see more full solutions like this?
- Which of these has been a complaint some marketers have about Groupon and its coupon deals? Few consumers know about Groupon, so businesses must spend money to educate them. Groupon does not try hard enough to sell the service. The money-saving coupons attract only deal-seekers, who rarely become long-term customers. Consumers are getting bored with shopping and couponing apps.arrow_forwardSecuring needed financing is one of the most important functions related to starting a business.Therefore, it is important to understand what sources of financing exist at various stages ofventure development. It is also important to determine what kind of financing provides themost value for the entrepreneur and the new venture. Equity financing is one way entrepreneursuse to access funding.a. What is equity financing? (3 marks)b. State and expain two (2) examples of equity funding. (4 marks)c. State three advantages of equity financing? (3 marks)arrow_forwardDesign thinking is a deeply human process that taps into abilities we have as entrepreneurs butget overlooked by more conventional problem-solving practices. Its importance is to createvalue for customers, improve collaboration, foster creativity, develop resilience and of courseto advance careers. Using the five (5) stages of design thinking process, state and explain howthe process works. (10 marks)arrow_forward
- I need help filling in the table belowarrow_forwardResponse A Oh, sandwich, where art thou, my bread? I love you, your ham, your cheese. My stomach rumbles and my tummy grumbles. I can't wait for you to fill my belly! The lettuce is crisp and crunchy. The tomatoes are red and sweet. The mustard is spicy! The bread is soft and yummy. Between two slices, I found paradise. It's like an orgasm for my soul, and I cry at the sweetness. It's a simple and deeply profound pleasure. It abates my hunger and gives my muscles fuel. Thank you for nourishing me. With every bite, joy does resound.arrow_forwardHow can service marketing add value in Fast-Moving Consumer Goods (FMCGs)? Use practical examples in Malawi Business cases.arrow_forward
- Using Malawi University of Business and Applied Sciences -Open Distance Education and Learning arrangements (MUBAS-ODEL), discuss the challenges of services marketing and how the marketing department of MUBAS can solve them to enhance customer value. Provide relevant examplesarrow_forwardHow can service marketing add value in FMCGs? Use practical examples in Malawi Business cases.arrow_forwardI need help answering the following What is the relationship between ethics and financial performance in the health care industry? What challenges might a relationship between ethics and financial performance play in terms of health care marketing strategy development? How do these challenges impact your organization?arrow_forward
- MarketingMarketingISBN:9780357033791Author:Pride, William MPublisher:South Western Educational PublishingFoundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage LearningFoundations of Business - Standalone book (MindTa...MarketingISBN:9781285193946Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning

