Knowee
Questions
Features
Study Tools

Provide two (2) examples of how e-commerce has changed the marketing of goods and goods and services?

Question

Provide two (2) examples of how e-commerce has changed the marketing of goods and goods and services?

🧐 Not the exact question you are looking for?Go ask a question

Solution

  1. Global Reach: E-commerce has enabled businesses to market their goods and services globally. Before the advent of e-commerce, businesses were limited to their geographical location. Now, with the help of e-commerce, businesses can reach customers all over the world. This has not only increased the customer base for businesses but also intensified competition.

  2. Personalized Marketing: E-commerce has also changed the way businesses market their products and services by allowing for personalized marketing. With the help of data analytics, businesses can now understand the buying behavior of their customers and tailor their marketing strategies accordingly. For example, if a customer frequently buys books from an e-commerce website, the business can send them recommendations and offers on books. This personalized approach not only improves the customer experience but also increases sales for the business.

This problem has been solved

Similar Questions

Reflect on how your use of e-commerce has changed over time. What factors influenced these changes

Give an example of a service provided via e-commerce. Briefly discuss the benefits it offers to the seller and to the buyers.

Explain selling and buying in private e-markets with respect to business to business E-Commerce.

E-commerce can be defined from different perspectives. Describe three suchperspectives. (6 Marks)

using local examples in kenya to support your answer discuss atleast seven categories of e commerce business

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.