Online Shopping Lifts Aramex Profits by 4% and Rent Cap Removal Hits Abu Dhabi

On the other hand, a online retail store in comparison to a retail store provide new values to their marketing system. Businesses like Scorptec offer values to their customers in different methods. The most simplistic value they offer is reduced prices of their products attracting customers. The reasoning behind reduced costs of goods is because the handling cost have reached minimal amounts in parallel to retail stores. Online retailers require only a storage warehouse to contain their products and dispatch them when they are required. This is managed by inventory control to ensure that products are available for sale when needed without overstocking on the product. The prime function of managing an online retail is that the business doesn’t require shipping products to independent intermediaries. This makes time and concentration more available on creating an improved product without the need to consistently dispatch products to outlets but simply

At a global level, online retail is growing at a fast rate. In 2015 overall online sales were $341.7 billion growing $172 billion since 2010. The impact of online sales gives consumers a complete online catalog of products and services that offered by the company. In 2015, e-commerce sales accounted for 7.3% of total sales for Kohler (CITE2) Giving the customer the ability to shop online offers a unique experience. Giving customers the ability to find the products and services they need at their own convenience from home or at work.

Business like Amazon wants to make buying item from their business easier for customers. This is why Amazon offers E-retailing which gives customer option to go shopping online. The internet has had impact change on consumers shopping habit as shopping online has numerous advantages which is why online shopping continues to gain popularity. Some of the advantages of E-retailing is that it’s convenient as consumers are able to go shopping at home which could help them save cost on travelling and also gives consumers an option to compare prices of different products as there are wide range of products being sold online.

Online purchasing is becoming more and more practical thing for contemporary customer. It is explained by high internet penetration in every country, lower cost than in retail network, door to door delivery. Internet plays an important role nowadays; therefore it creates a new market, which sometimes is quite difficult to measure. Online shopping is different from the B&M shopping due to the fact that there is no physical presence of goods, from other standpoint internet is able to sell way more services and motivation and decision making process directly connected to the feedbacks.

Supermarket e-commerce stores that have altered business practice grow very fast. The popularity of online supermarket increases every year. Keynote’s study (as cited in Hand, Riley, Harris, Singh, and Rettie, 2009, p. 1205) explain that in 2006, the percentage of online supermarkets are higher approximately 35% than previous year. It could be that customers will shop online only in the future if the popularity of traditional stores go down. In addition, many supermarkets such as Walmart, Coles, and Giant are starting to build e-commerce. Online supermarket grow

The bargaining power of customers is high. First of all, the customer size is tremendous globally, which also has an accelerating growth rate in recent years. Customers’ leverage is strengthening as a result of this. Another inevitable factor is that with countless retailors online, there is low switching cost for customers to find other alternative companies that suits their desire to conduct purchases. Moreover, consumers today are more sophisticated. Consumers are less commit to impulsive-buying, yet are more willing to study about product features and evaluate their options before purchasing online. Their purchase pattern can also be hard to learn too.

I decided to use the FTI consulting Inc firm to help you understand how this FTI consulting Inc helps other businesses and small owners to create a successful online retail marketing business. The FTI will illustrate through this research how to successfully market your product online. Keep in mind, that FTI is one of many firms that can help you to make your online store a success story and that there are many ways to go about marketing your company online. I choose this FTI consulting firm, because they know how to navigate a company’s product into the online marketing world. They will help us to understand how to not only get your successful product online but how to expand your company to other medias online. What I like about this FTI firm is that they will illustrate the advantages and disadvantages as well showing you what you need to do to become one of the successful company’s online. The greatest part of online retail store is that anyone can become an online retail owner if they follow the necessary steps outline in this report and to use the FTI consulting firms’ strategies to become successful in operating an online retail store. In addition, the BigCommerce firm owned by Mitchell Harper, and Eddie Manchaalani will help anyone who is serious about starting an online company regardless of your experience and knowledge of business background.

UAE is known for its brick and mortar shopping (mall shopping) in world. However, retail online sales accounts for about 1.5% of the total retail sales which is mainly inclined towards electronics, computers and jewellery (including watches). It’s observed that 46% of UAE online shoppers are from Dubai. 34% of the population does online shopping between 3-5 times a week.

The table below contains the calculated growth rates of the nominal GDP for the period 2010-2015. It shows that the highest growth rate was registered in 2011 so, we can say that from 2010 to 2011 the nominal GDP in the United Arab Emirates has increased by 21.84%. On the other side, the highest decrease of the nominal GDP was registered last year when the GDP decreased by 7.30%.

Introduction: The business analysts put forth a great deal of subjective expressions about how consumers as well as producers carry on. The law of demand expresses that the good quantity that is demanded or services for the most part declines, and the law of supply expresses the quantity of the good which is produced has a tendency to increase at the business sector cost of that increase in good. These laws don 't catch everything that financial analysts might want to think about the supply and demand model, so they created quantitative estimations, for example, flexibility to give more insight about business sector conduct.

Demand for a product or service can be defined as the amount of a particular economic good or service that a consumer or group of consumers will want to purchase at a given price over a specific period of time. The demand is usually downward sloping, since consumers will want to buy more as the price decreases. Demand for a good or service is determined by different factors other than price, such as the price of substitute goods and complementary goods. In extreme cases, demand may be completely unrelated to price, or nearly infinite at a given price (in the case of the tobacco industry) (Beardshaw, 1991).

There is no doubt that online retail is growing everywhere, but one thing to stay aware of is that the landscape is very diverse. This means that there are countries and regions that are at different stages of development in regard to their e-commerce and online retail maturity. Even though there is a lot of variation, one thing to note is that with only a total of 4% of sales being online globally in 2012, the e-tailing emergence really has only just begun.

Although traditional stores are good for urban construction, online shopping can bring more economic benefits. According to Resnick, we can know that in shopping malls there was a great decline in shoppers and transactions (p.1127). With the rise of the Internet, online retail is becoming more and more popular in India, and it lead to a lot of important online retailers and others entering online business (Tandon, pp.1657-1658). As we all know, every year the double eleven breaks the record of trading volume. This year, people spent 16.82 billion RMB on the day of the double eleven. That means online shopping is becoming increasingly important, and more and more people are shopping on the internet, and it also means that other related industries are developing well. Especially, online shopping has promoted the development of express delivery industry. In china, a few years ago, it is difficult to deliver a package and many places cannot receive it. But it changed now, many express companies appeared and the express route is getting better. People can easily get their express from all over the world. What’s more, many people start businesses on the internet, because opening an online store is cheaper than opening a store. They do not need to pay expensive rents and spend large amounts of money to decorate their store, so that saves the cost of opening a store. Therefore, it provides lots

One of the factors affecting the demand of a product is the price per unit of the product. A high price per unit of the product leads to a decrease in the demand of the product. Secondly, the price of other related products which include the complement and the substitutes also affects the demand of a product. (Backhouse, 2005) Thirdly, the buyers income is another factor which affects his decision to demand a good or a service. The more income the consumer has meant that his demand for a product is also high. However, mainstream economist argues that demand is affected by the price of the product alone. As the price of a product increase, the willingness of the consumers to buy the product decreases. (Sheehan, 2010) Basically, a high price of a product leads to a decrease in the demand of the product. As the price of the product continues to increase, the consumer may opt to switch to consumption of the other substituting product. As the price of the commodity decreases, the demand of the product increases because the product becomes more affordable and it gains a better value for the money than the substitute

Online commerce was introduced to consumers in the mid-1990’s, and in the years since, it has grown exponentially. It started out virtually nonexistent and has become a multi-billion dollar industry. Nearly every retail sector has entered online commerce; clothing, electronics, home, health and grooming items, even food and groceries are starting to gain traction online. Online commerce sites rival traditional brick and mortar stores such as Walmart and Target, as well as other big-box stores. As online retailers such as Amazon continue to expand, many brick and mortar stores have been making their way online, indicative of an increasing movement towards online commerce. With more than 80% of the online population having made an online