Download or read book Digitalization The Consumer in the Digital Age E commerce and Asymmetric Information Chances and Risks for Small and Midsize Companies in the BtoC Retail Business written by Marc Wiefel and published by . This book was released on 2016-08-09 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Doctoral Thesis / Dissertation from the year 2016 in the subject Business economics - Business Management, Corporate Governance, Comenius University in Bratislava (Management), language: English, abstract: The present work explores the impact of the global megatrend of digitalization on the business model of small and midsize companies, especially on retail. Fundamentally, the revolutionized search and purchasing behavior of consumers is in the center of the analysis. Businesses around the world need to adapt to the digital consumer, otherwise they will simply be consolidated. The core question this work tries to answer, is the further development of online purchase behavior, precisely the hypothesis, that only online purchase will stagnate or even slow down for certain product categories. In order to have a better understanding of the current situation among small and midsize companies on the knowledge about digitalization, an online survey with more than 100 participating leaders from retail companies has been executed. The main part for discussing the hypothesis is based on the model of asymmetric information between buyers and seller, the Principal Agent Theory by Georg Akerlof. Information asymmetry is the key to understand different aspects that impact on e-commerce. Key leavers (selected) to influence information search and purchase are big data, social isolation, cyber crime and aggressive marketing. One of the conclusions is, that The Principal Agent Theory, developed quite a long time before digitalization began, is still valid and there are different pros and cons in "the old" and the digital world, in regard to asymmetric information. Truly digitalization is unstoppable, but for certain products and industries, online purchase behavior will stagnate or decrease. The model of asymmetric information permits clear recommendations and guidance for small and midsize companies to evaluate urgency to adapt digital consumer purchase behavior. Key words: digital

Download or read book Retail Crime written by Vania Ceccato and published by Springer. This book was released on 2018-06-18 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited collection provides an original and comprehensive take on retail crime and its prevention, by combining international data and multidisciplinary perspectives from criminologists, economists, geographers, police officers and other experts. Drawing on environmental criminology theory and situational crime prevention, it focusses on crime and safety in retail environments but also the interplay between individuals, products and settings such as stores, commercial streets and shopping malls, as well as the wider context of situational conditions of the supply chain in which crime occurs. Chapters offer state-of-the-art research on retail crime from a range of countries such as Australia, Brazil, Israel, Italy, Sweden, the UK and the USA. This methodological and well-researched study is devoted to both academics and practitioners from a variety of disciplines and backgrounds whose common interest is to prevent retail crime and overall retail loss. The chapters 'Crime in a Scandinavian Shopping Centre' and 'Perceived Safety in a Shopping Centre' are published open access under a CC BY 4.0 license at link.springer.com.

Download or read book The New Normal written by Lefor Joseph Lefor and published by AuthorHouse. This book was released on 2020-10-22 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essence of this book is not to scare individuals or businesses operating on either local, national or global scales. It is, however, meant to draw our attention to the fact that; certain changes in global business outlook have occurred so fast and these changes have definitely come to stay. In effect, there undoubtedly needs to be an accompanying paradigm shift in our normal business modules, routines and operations if we need to live up with the times. Large Multinational corporations are no exception to this. Nonetheless, starts-ups and SME's need to be keener on digitization and online presence if they wish to scale up operations to national and international levels. This book would borrow plenty of events and examples within Europe, America and Africa. However, a wakeup-call will mostly be directed towards start-ups and SMEs in the continent of Africa which are neither showing interest in going digital yet nor are proving active in augmenting their existing digital technologies. I spent 22years of my life in Cameroon, a country which is located in West and Central Africa before was later exposed to alternative digital experiences in other parts of the world. I thought of warning you ahead, just because some of the stories I will share in this book are massively shaped by where I have spent my life the most. Let’s get straight into it. I begin by exposing some realities in Cameroon as to where Start-ups and SME’s are at, with regards to digitization and e-commerce. This would serve as a starting point to the practical realities and theoretical knowledge this book intends to pass across.

Download or read book The Digital Goods Age Why Digital Products Will Disrupt Commerce written by Renato Cagno and published by Independently Published. This book was released on 2019-02-25 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: The digital goods commerce is growing twice as fast as physical goods commerce, and accelerating. Soon it will dominate global commerce, driven by transformative technologies and seismic shifts in consumer behaviour. It's already a gigantic USD 950 billion market, and even bigger opportunities are arising. We may be seeing the beginning of a new era, an age in which the commerce of digital products surpasses the commerce of physical products in value and importance: the Digital Goods Age.In this short read and straightforward book, Renato Cagno, a senior business development professional for digital businesses, presents facts and figures on the digital goods commerce, explores the trends that are shaping the commerce ecosystem, demonstrates some of the most successful cases so far in digital goods commerce in the world and their extraordinary numbers, and enlightens great opportunities to push this industry even further while solving the biggest challenges to fulfill the vision of such a digital goods world. The Digital Goods Age is coming, rapidly. Start reading now to know why digital products will disrupt commerce and get ready for the next commerce revolution.

Download or read book What s Your Digital Business Model written by Peter Weill and published by Harvard Business Press. This book was released on 2018-04-17 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Digital transformation is not about technology--it's about change. In the rapidly changing digital economy, you can't succeed by merely tweaking management practices that led to past success. And yet, while many leaders and managers recognize the threat from digital--and the potential opportunity--they lack a common language and compelling framework to help them assess it and guide them in responding. They don't know how to think about their digital business model. In this concise, practical book, MIT digital research leaders Peter Weill and Stephanie Woerner provide a powerful yet straightforward framework that has been field-tested globally with dozens of senior management teams. Based on years of study at the MIT Center for Information Systems Research (CISR), the authors find that digitization is moving companies' business models on two dimensions: from value chains to digital ecosystems, and from a fuzzy understanding of the needs of end customers to a sharper one. Looking at these dimensions in combination results in four distinct business models, each with different capabilities. The book then sets out six driving questions, in separate chapters, that help managers and executives clarify where they are currently in an increasingly digital business landscape and highlight what's needed to move toward a higher-value digital business model. Filled with straightforward self-assessments, motivating examples, and sharp financial analyses of where profits are made, this smart book will help you tackle the threats, leverage the opportunities, and create winning digital strategies.

Download or read book The digitization of business written by Branden R. Williams and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Economics of Digital Shopping in Central and Eastern Europe written by Barbara Grabiwoda and published by Cambridge University Press. This book was released on 2022-03-03 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transformations caused by increasing virtual connectivity reach all business touchpoints, but the surge towards digital technologies is not distributed evenly across European markets, with the Central & Eastern Europe (CEE) region showing the strongest diversity of digital adoption levels. This Element outlines the characteristics of CEE digital markets, along with an additional contextual layer investigating online consumer behaviors. In-depth analysis of the similarities and differences in the region will allow the pace of ongoing digitization to be traced. The authors' objective in delivering this Element is to analyze the opportunities presented by the digital economy in CEE and to provide an actionable outlook for the e-commerce potential within the region's markets. Observations are based on in-depth analysis of dependencies between globalization of consumer behaviors and ongoing barriers to digital adoption caused by both economic and geo-political limitations.

Download or read book Electronic Commerce written by United States. Congress. House. Committee on Commerce. Subcommittee on Telecommunications, Trade, and Consumer Protection and published by . This book was released on 1999 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book OECD Recommendation of the Council on Consumer Protection in E Commerce written by OECD and published by OECD Publishing. This book was released on 2016-05-12 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD has revised its Recommendation on Consumer Protection in E-commerce in order to adapt consumer protection to the current environment and reinforce fair business practices, information disclosures, payment protections, dispute resolution and education.

Download or read book Digital Transformation 3 0 written by Chuck Martin and published by Createspace Independent Publishing Platform. This book was released on 2018-03-30 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: There's a technological tsunami on the horizon and it's about to shake every business to its core. This digital transformation will be bigger than any before it and will be on a global scale, transforming customer experiences along with their relationships with those they do business with. After the first digital transformations of the Internet and then Mobile, this transformation is even more significant and is being driven by seven major elements of the Internet of Things: Artificial Intelligence, Digital Voice Assistants, Smart Homes, Drones and Robots, Connected Cars, Sensors, and Virtual and Augmented Reality. In this fast-paced and quick-read book, NY Times Business bestselling author Chuck Martin shows what every businessperson needs to know about the transformers, laying out what is actually happening in the market today with well-founded research on where it is heading tomorrow.

Download or read book Access to Justice in Transnational B2C E Commerce written by Sutatip Yuthayotin and published by Springer. This book was released on 2016-08-23 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book identifies institutional mechanisms that can be used to promote consumer confidence in direct online sales with businesses (B2C e-commerce). It argues that enhancing the access to justice in a multidimensional sense can potentially offer an effective means of boosting consumer confidence. It introduces a conceptual framework for a multidimensional approach to access to justice in the context of consumer protection, describing the various reasonable criteria needed to satisfy consumer demands in B2C e-commerce. The framework, which reflects all essential aspects of consumers’ expectations when they engage in online transactions, provides a benchmark for the evaluation of various consumer protection mechanisms. Based on an analysis of different mechanisms and using the framework’s criteria, the practice of private ordering, which does not rely on the creation of rules of law but rather on the use of technology as a solution, appears to offer a meaningful way to enhance access to justice in B2C e-commerce. However, though private ordering holds considerable potential, certain weaknesses still need to be eliminated. This book demonstrates how private ordering can be successfully implemented with the help of an intermediary, a neutral third party that plays an integral part in the collaborative task of facilitating various aspects of private ordering, thus helping to limit the risks of failure and ensuring a fairer market setting. In order to move forward, it argues that the state, with its wealth of material resources and incentive options, is the institution best suited to acting as an intermediary in facilitating private ordering. This promising proposal can improve consumer protection, which will in turn boost consumer confidence.​

Download or read book Managing Digital Transformation written by Andreas Hinterhuber and published by Routledge. This book was released on 2021-05-26 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides practising executives and academics with the theories and best practices to plan and implement the digital transformation successfully. Key benefits: an overview on how leading companies plan and implement digital transformation interviews with chief executive officers and chief digital officers of leading companies – Bulgari, Deutsche Bahn, Henkel, Lanxess, L’Oréal, Unilever, Thales and others – explore lessons learnt and roadmaps to successful implementation research and case studies on the digitalization of small and medium-sized companies cutting-edge academic research on business models, organizational capabilities and performance implications of the digital transformation tools and insights into how to overcome internal resistance, build digital capabilities, align the organization, develop the ecosystem and create customer value to implement digital strategies that increase profits Managing Digital Transformation is unique in its approach, combining rigorous academic theory with practical insights and contributions from companies that are, according to leading academic thinkers, at the forefront of global best practice in the digital transformation. It is a recommended reading both for practitioners looking to implement digital strategies within their own organisations, as well as for academics and postgraduate students studying digital transformation, strategy and marketing.

Download or read book BILLION DIGITAL BUYERS written by Akshay Vemuganti and published by . This book was released on 2019-11-22 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: Per a recent world economic study, we have entered a 'Fourth Industrial Revolution' where industries, technologies, and jobs are getting disrupted faster than ever before. The astronomical change in economic landscape, industry shifts, and consumer behaviors pose a direct threat to traditional business models. Let's consider the brick and motor retail, for instance, losing revenues to the online and mobile channels. For the first time in retail history, customers are asking for what many retailers and brands cannot provide. In the United States, one in every five dollars spent goes to Amazon. In 2019, Amazon was responsible for over 50% of the growth in the United States commerce. The rate of speed in change has been overwhelming. And, when retailers and brands don't realize and disrupt their operating model; satisfying the ever-demanding consumer becomes an increasing problem. Be it the e-commerce gold rush in Asia or rise of the last mile delivery 'Unicorns', retail industry at the peak of Digital Disruption.

Download or read book Emerging Challenges Solutions and Best Practices for Digital Enterprise Transformation written by Sandhu, Kamaljeet and published by IGI Global. This book was released on 2021-06-18 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: As organizations continue to move towards digital enterprise, the need for digital transformation continues to grow especially due to the COVID-19 pandemic. These impacts will last far into the future, as newer digital technologies continue to be accepted, used, and developed. These digital tools will forever change the face of business and management. However, on the road to digital enterprise transformation there are many successes, difficulties, challenges, and failures. Finding solutions for these issues through strategic thinking and identification of the core issues facing the enterprise is of primary concern. This means modernizing management and strategies around the digital workforce and understanding digital business at various levels. These key areas of digitalization and global challenges, such as those during or derived from the pandemic, are new and unique; They require new knowledge gained from a deep understanding of complex issues that have been examined and the solutions being discovered. Emerging Challenges, Solutions, and Best Practices for Digital Enterprise Transformation explores the key challenges being faced as businesses undergo digital transformation. It provides both solutions and best practices for not only handling and solving these key issues, but for becoming successful in digital enterprise. This includes topics such as security and privacy in technologies, data management, information and communication technologies, and digital marketing, branding, and commerce. This book is ideal for managers, business professionals, government, researchers, students, practitioners, stakeholders, academicians, and anyone else looking to learn about new developments in digital enterprise transformation of business systems from a global perspective.

Download or read book Navigating the Digital Landscape written by Nripendra Singh and published by Emerald Group Publishing. This book was released on 2024-05-23 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rapid digitalization has led to the evolution of customer behaviour and for any business it has become imperative to understand customer behaviour in the digital world – Navigating the Digital Landscape explores a wide range of topics to help the reader harness the positive aspects of digital commerce and mitigate risks.

Download or read book E commerce Evolution in Asia and the Pacific written by Asian Development Bank and published by Asian Development Bank. This book was released on 2023-11-01 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report analyzes e-commerce in Asia and the Pacific, assesses its environmental impact, and explains why providing adequate internet, online payments, and last-mile logistics is key to creating a sustainable and inclusive digital marketplace. Noting the region makes up the largest share of the world’s online retail market, it tracks the impact of the pandemic and emphasizes the need to level the playing field for small businesses. It outlines ways for companies to measure their carbon footprint, highlights the potential risk of anti-competitive behavior, and explains the need to improve digital taxation policies in line with e-commerce’s rapid growth.

Download or read book A Practitioner s Guide To Digital Platform Business written by Chiraphol N Chiyachantana and published by World Scientific. This book was released on 2022-02-25 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a practitioner's guide to digital business models for entrepreneurs, business executives, MBA and undergraduate students. Balancing both frameworks and real-life case studies, it provides readers with the tools for creating successful businesses in the digital age, while at the same time serving as a cautionary tale for those who value businesses by the technology they wield and not the strategies they execute.The business landscape in the last decade was surreal — exhilaration, fear, opportunities, threats, all rolled into one messy landscape. Never before had the world seen disruptions of such unprecedented speed, scope, and scale. Many business leaders were ready to pounce on the new opportunities, but most ended up defeated. They had not anticipated that most disruptive businesses used digital strategies and a small talent pool to sidestep the traditional competencies that mega-corporations had needed decades to build with legions of employees. The core technologies that power the businesses of today's digital giants still revolve around the internet, data, and computing resources. The sudden disruptions to the business landscape is better explained by the ability of digital businesses to further capitalize on the existing technological advancements.