Term
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Definition
Browsing Touching/Feeling Products Personal Service Cash/Credit Payment Entertainment & Social experience Immediate Gratification Risk Reduction |
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Term
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Definition
Convenience Information Safety |
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Term
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Definition
Broader Selection More Info to Evaluate Merchandise -virtual communities: networks of shoppers aka "Social Shoppers" Personalization -personalized customer service (FAQ) -personalized offering, (MyYahoo) Broad/Deep assortments |
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Term
Perceived risks in internet shopping |
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Definition
1) credit card security 2) privacy violations shared information amongst retailers |
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Term
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Definition
percentage of total purchases is built |
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Term
Requirements for successful multichannel retailing |
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Definition
1) develop assortments & manage inventory 2) manage store operations (+distant locations) 3) distribute effectively 4) nonstore retail activites *websites & catalog 5) orders electronically 6) distribute to homes/ accept returns 7) seamlessness across channels |
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Term
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Definition
Retailers are skipped Manufacturer directly sells to consumer |
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Term
Issues of Multichannel Retailing |
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Definition
integrated shopping experience brand image merchandise assortment pricing |
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