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The Internet of Things (IoT) forecasts that billions of sensors will be connected to the internet and that this information
needs to be collected. The use of IoT in retail industry is tightly connected to Global Positioning System (GPS) and Radio
Frequency Identification (RFID) technologies that help brands track products through the entire supply chain process.
Discuss any five applications of IoT used in the retail industry.
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- Differentiate how the e-commerce sector is before and after the implementation of enterprise resource planning in supply chain management.The use of E-Commerce has benefit the sale of many products ranging from the increased of airline tickets purchased on line, booking of hotel rooms online as well, as well as the success of E-Bay and Amazon. Yet there are many other products that will never take off on line such as the grocery purchase from supermarkets (cheap products) as well as the sales of fashionable clothings or even perfumes (expensive products). Discuss why are some products are easier to sell on line than others.Indicate three ways in which search engines and online directories are employed in e-commerce.
- Why is information so crucial in supply chains? What are the hurdles to the successful development and deployment of effective information?A Marketing Management Information System (MIS) is a permanent arrangement (system or setup) for provision of regular availability of relevant, reliable, adequate, and timely information for making marketing decisions. Nowadays, the physical outlets and franchises of every brand are facing quite a setback in terms of sales due to the smart lockdowns. Hence, marketing meetings are held online, orders are received through websites and physical businesses are going digital; even newer brands are launched online first. So much so that certain brands are nowadays only launched and retained in the digital world. Based on your Business Domain (as already discussed), you are to select a new product, give the product-name, provide its description, the target audience, etc. Thereafter, draft a strategy for your tele-marketing / video-marketing technique (not emphasizing on social media) and answer the following questions: Q.No.1. For Marketing & order tracking purposes, which software…A Marketing Management Information System (MIS) is a permanent arrangement (system or setup) for provision of regular availability of relevant, reliable, adequate, and timely information for making marketing decisions. Nowadays, the physical outlets and franchises of every brand are facing quite a setback in terms of sales due to the smart lockdowns. Hence, marketing meetings are held online, orders are received through websites and physical businesses are going digital; even newer brands are launched online first. So much so that certain brands are nowadays only launched and retained in the digital world. Based on your Business Domain (as already discussed), you are to select a new product, give the product-name, provide its description, the target audience, etc. Thereafter, draft a strategy for your tele-marketing / video-marketing technique (not emphasizing on social media) and answer the following questions: Q.No.1. For Marketing & order tracking purposes, which…
- A Marketing Management Information System (MIS) is a permanent arrangement system or setup for provision of regular availability of relevant, reliable, adequate, and timely information for making marketing decisions.Nowadays, the physical outlets and franchises of every brand are facing quite a setback in terms of sales due to the smart lockdowns. Hence, marketing meetings are held online, orders are received through websites and physical businesses are going digital; even newer brands are launched online first. So much so that certain brands are nowadays only launched and retained in the digital world.Based on your Business Domain as already discussed, you are to select a new product, give the product-name, provide its description, the target audience, etc.Thereafter, draft a strategy for your tele-marketing or video-marketing technique not emphasizing on social media and answer the following statement Does the use of visual meeting software has an edge over traditional marketing…A Marketing Management Information System (MIS) is a permanent arrangement system or setup for provision of regular availability of relevant, reliable, adequate, and timely information for making marketing decisions.Nowadays, the physical outlets and franchises of every brand are facing quite a setback in terms of sales due to the smart lockdowns. Hence, marketing meetings are held online, orders are received through websites and physical businesses are going digital; even newer brands are launched online first. So much so that certain brands are nowadays only launched and retained in the digital world.Based on your Business Domain as already discussed you are to select a new product, give the product-name, provide its description, the target audience, etc.Thereafter, draft a strategy for your tele-marketing or video-marketing technique not emphasizing on social media and answer the following statement For Marketing and order tracking purposes, which software and techniques will you…Indicate and explain the major factors that you will consider in procuring a point of sale software for retail outlet.
- What are the three basic reasons supply chain managers need information?What are E-commerce models to initially entice customers and still make money? In other words, What Revenue Models are there for E-Commerce?Assume you go shopping online at any online store e.g. www.takealot.com, www.amazon.com and the like. You buy an item and it gets fulfilled by getting delivered to you. Discuss the flows of information between Marketing and Sales, Accounting and Finance, Supply Chain Management, and Human Resources at a typical online store.