country
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!

Woolworth Online E-Commerce Experience

tag 0 Download6 Pages 1,291 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT

Question:

Discuss about the Woolworth Online E-Commerce Experience.
 
 

Answer:

Introduction:

The competitive advantage is the advantage taken by one company over another (its competitors) by using its unique strategies. This report analyzes two key ideas or strategies and analyzes their benefits for organizations such as Woolworths and Dell. Along with this, it discusses that how these two organizations applies these ideas in their operation.

Today, people are mostly engaged in the internet and they would most like to shop products and services online.  The ecommerce service is being preferred among the customers as it provides them with a great convenience in purchasing products or services. The ecommerce facility provides customers with ease of purchasing goods and services with minimum time. It helps the customers in doing away of traveling for shopping. The ecommerce provides a platform to connect to world and without facing any barrier (Network Solution, 2014). The ecommerce is very unique innovation in the world that has caused the revolution in the markets, industry, and organization. However, the ecommerce has brought great revolution in retail sector that has changed the way of business of retail organizations. Thus, the ecommerce service provides the organization with opportunities in form of lower cost and process improvement, development of new products and services, development of relationship with customers by new sales channels, and others (Augusto et al, 2012). The ecommerce service is possible only through internet. The customers must have to use the internet for accessing the ecommerce site of the organizations for buying products or services. Along with this, today e-commerce has relieved the organization from the reliance on wholesalers as the customers can direct access to the online store of the organization wherefrom the products or services can be directly delivered to the customers. This helps in achieving cost competitive advantage (Oracle Institute, 2017). The ecommerce helps in determining marketing mix of the organization. E-commerce facility lower the price for products, that leads the pricing advantage to company.  At the same time, companies can have large range of products and services. Consumers can easily access to the information about large range of products or services of organization.

Organization: Woolworths Ltd.

Woolworth is an Australian super market that is using ecommerce platform for selling products and services. Woolworth is chosen by the people who demand quality, convenience, innovation, and options. Woolworths involves innovative items and services in its business process. Woolworths is known for quality brand experience. Woolworths has become able to respond the changing desire of the shoppers and customers through ecommerce platform. It is accessible through all the devices (Mirum, 2017). Woolworths Ltd. has enjoyed good customer experience with online store more than offline store. The website gave sharable experience to company with around 900 mentions on social media such as Facebook and Twitter. The online retailing propped Woolworths when it was staggered due to the great recession period of 2008. Around 800 stores of Woolworth were shut down due to recession. Company had to adopt retrenchment of HR. The online retailing gave a continuity of business that was greatly influenced by the recession. Thus, online retail store gave continuity in the operation. The most advantage of online retail store to Woolworth is cost efficiency (Govender, 2016). The online retailing has been proved as more economic and efficient way of operation over street stores. The organization can develop an ecommerce website where the customer can access. The site should be based on the customization approach so that customer can select the products based on their choice. For online business, it may be better for the organization going with niche marketing strategy. There should be online payment system where the customers can pay for products (Network Solution, 2014). And the payment should be linked to the account of company so that it can be transferred to company account easily.

 

Key Ideas: Reinvention of business model

The business model of any organization determines its success. The changes in the business model according to dynamic environment are necessary for sustainable growth of the organization. Innovation is required for keep the organization aligned with environmental factors as mismatch may create serious challenges against company. Nokia can be taken as a perfect example in this situation because Nokia did not reinvented its business model that led it to be extinct. Every organization has similar resources however it is only the business model that differentiates them from each other (HSGUniStGallen, 2013). Change in business model does not mean the change in the whole organization but it may be in the form of way of operation, restructuring of process, and reengineering of some activities for ensuring better operation of the organization. The impact of change should be assessed effectively before implementation of the changes to avoid the bad consequences of alteration. The result of changes may be unfavorable but later on it should be taken as long term strategy as it provides fruits in long run (Kaplan, 2012).

Organization – Dell

Dell is an IT MNC that enjoys large market share in global market. It was found in USA. Dell has limited product lines. There is not large range of products with Dell as it focuses on niche marketing. Dell has its stores in Australia as well. Personal computers, printers, software and other accessories are the basic products of Dell (Dell, 2016). Dell had reinvented its business model where customers can directly access and order for products and services. Dell always tries to maintain the quality of products and services as timely delivery of products and services. Dell is known for its innovation in its process, products and services, and supply chain as well.  There are various supply models of Dell across the globe. Therefore, in one supply model, Dell sells out its products and services through its own stores and other retailer (Dell, 2016). Along with this, the second model is based on the order of the customer as in this model products are produced after getting order from customers.  Under this model, there is great customization because Dell first receives the order with specification then produce the products according to those specification or requirements. With this model, Dell enjoys a huge profit as there is direct contact of company with customers. It also helps Dell in establishing good relation with customers (Afuah, 2014).  Therefore, it can be said that the innovative business model of Dell increases the performance and productivity of the organization with assurance of satisfied customers with products and services of company.

Conclusion:

From above report, it can be summarized that ecommerce is the key idea to Woolworths that led towards success. The online retailing made the Woolworth good customer experience. Furthermore, continuous innovation in business model is required to ensure the sustainable development. Dell is the organization timely reinvents its business model to ensure the quality of products and services.

 

References:

HSGUniStGallen (2013) [Online]. Business model innovation [Online]. Available at: https://www.youtube.com/watch?v=B4ZSGQW0UMI (Accessed: 23 April 2017).

Afuah, A. (2014) Business Model Innovation: Concepts, Analysis, and Cases. UK: Routledge.

Dell (2016) [Online]. Company Information [Online]. Available at: https://www.dell.com/learn/in/en/incorp1/about-dell (Accessed: 23 April 2017).

Augusto, R., Lima, N., Penedo, A., Oliveira, M., and Oliveira, S. (2012) Competitive Advantages: the E-commerce as a Strategy for Competitiveness in the Retail Market. International Journal of Engineering Research and Development, Volume 5, Issue 1, PP. 60-66.

Oracle Institute, (2017) Five reasons why ecommerce provides a competitive edge for WD companies [Online]. Available at: https://www.netsuiteblogs.com/five-reasons-why-ecommerce-provides-a-competitive-edge-for-wd-companies (Accessed: 23 April 2017).

Network Solution (2014) What is ecommerce [Online]. Available at: https://www.networksolutions.com/education/what-is-ecommerce/ (Accessed: 23 April 2017).

Mirum (2017) Woolworth online e-commerce experience [Online]. Available at: https://www.mirumagency.com/work/woolworths-online-e-commerce-experience (Accessed: 23 April 2017).

Govender, P. (2016) Woolworths Strengthens e-Commerce Position [Online]. Available at: https://www.powerretail.com.au/news/woolworths-australia-post-partnership/ (Accessed: 23 April 2017).

OR

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2018). Woolworth Online E-Commerce Experience. Retrieved from https://myassignmenthelp.com/free-samples/woolworth-online-e-commerce-experience.

"Woolworth Online E-Commerce Experience." My Assignment Help, 2018, https://myassignmenthelp.com/free-samples/woolworth-online-e-commerce-experience.

My Assignment Help (2018) Woolworth Online E-Commerce Experience [Online]. Available from: https://myassignmenthelp.com/free-samples/woolworth-online-e-commerce-experience
[Accessed 02 April 2020].

My Assignment Help. 'Woolworth Online E-Commerce Experience' (My Assignment Help, 2018) <https://myassignmenthelp.com/free-samples/woolworth-online-e-commerce-experience> accessed 02 April 2020.

My Assignment Help. Woolworth Online E-Commerce Experience [Internet]. My Assignment Help. 2018 [cited 02 April 2020]. Available from: https://myassignmenthelp.com/free-samples/woolworth-online-e-commerce-experience.


Getting nightmare regarding pending chemistry assignment? Then it is high time you consider hiring chemistry assignment help service of MyAssigemnthelp.com. We at MyAssignmenthelp.com deliver quality subject specific assistance on more than 100+ subjects. For us, students' need is foremost, and we work round the clock to offer science, humanities and commerce assignment help. Among Commerce wing, our one of the most popular services is capital budgeting assignment help. In science segment, we have gained popularity with biology assignment help.

Latest Management Samples

BSBMKG609 Development Of Marketing Strategies For Vision Statement

Download : 0 | Pages : 7
  • Course Code: BSBMKG609
  • University: APEX Institute Of Education
  • Country: Australia

Answer: Introduction  The paper is a combination of two tasks. First part includes a strategic report on Houzit and the second part includes a marketing plan of Houzit. Systematic structuring is followed in both tasks. Organizational Overview Strategic Directions And Organizational Objectives Vision Statement The vision statement of Houzit is- To be one of the national retail homeware brands, emphasizing on the various home makers&rsqu...

Read More arrow

COMM1410 Management For Informal Lunch And Learn Sessions

Download : 0 | Pages : 2

Answer: To Claire Smithfield Subject: Lunch and Learn Session Dear Ma’am, It is in regard to the very recent decision of yours to have informal “Lunch and Learn” sessions. This idea is undoubtedly interesting and I would not decline it in any way. It would be very helpful in creating a critical awareness for the issues right at hand and would also reinforce the overall culture of our company. I believe that these sessions...

Read More arrow

NIT2222 Wide Area Network Technologies For Address Planning

Download : 0 | Pages : 3
  • Course Code: NIT2222
  • University: Victoria University
  • Country: Australia

Answer: Address Planning Workout of IPv6 subnet for company HQ and each branch from the address block AB12:1640::/51 AB12:1640:0:2000::/51 AB12:1640:0:4000::/51 AB12:1640:0:6000::/51 AB12:1640:0:8000::/51 AB12:1640:0:A000::/51 AB12:1640:0:C000::/51    Address assignment table for the company network HQ Router Subnet ::/51 Network AB12:1640::/51 Default- Gateway AB12:1640::1 ...

Read More arrow Tags: Australia Bexley Management education University of New South Wales 

BUS353e Project Management For Cash Flow And NPV Calculation

Download : 0 | Pages : 6

Answer: Section 1 Question 1 The project classification and consideration for classification are shown in the following table. Project Classification Consideration Project A Strategic The new service will significantly enhance the strategic direction of the polyclinic Project B Operational This project will enhance the operations of the polyclinic Project C Compliance ...

Read More arrow

B01SYAD310 Systems Analysis And Design

Download : 0 | Pages : 10

Answer: System requirements for Smith Antiques System requirement level includes functional and non-functional requirement type. It is important for every system to ensure proper working. The Smith antique needs to have proper management information system that will ensure managing the details. Details regarding every customer needs to be managed properly. The newly developed management information system will also help in understanding the c...

Read More arrow
Next
watch

Save Time & improve Grades

Just share your requirements and get customized solutions on time.

question
We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits

1,240,264

Orders

4.9/5

Overall Rating

5,067

Experts

Our Amazing Features

delivery

On Time Delivery

Our writers make sure that all orders are submitted, prior to the deadline.

work

Plagiarism Free Work

Using reliable plagiarism detection software, Turnitin.com.We only provide customized 100 percent original papers.

time

24 X 7 Live Help

Feel free to contact our assignment writing services any time via phone, email or live chat.

subject

Services For All Subjects

Our writers can provide you professional writing assistance on any subject at any level.

price

Best Price Guarantee

Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.

Our Experts

Assignment writing guide
student rating student rating student rating student rating student rating 5/5

1692 Order Completed

98% Response Time

Alfred Dodd

PhD in Computer and Information Science with specialization in Database

Wellington, New Zealand

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

755 Order Completed

95% Response Time

Douglas Cowley

Masters in Finance with Specialization in Audit

Wellington, New Zealand

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

184 Order Completed

96% Response Time

Arapera Billing

Masters in Management, MMgt

Wellington, New Zealand

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 4/5

3076 Order Completed

99% Response Time

Emily Wei

Doctor of Philosophy (Ph.D) in Civil Engineering

Singapore, Singapore

Hire Me

FREE Tools

plagiarism

Plagiarism Checker

Get all your documents checked for plagiarism or duplicacy with us.

essay

Essay Typer

Get different kinds of essays typed in minutes with clicks.

edit

GPA Calculator

Calculate your semester grades and cumulative GPa with our GPA Calculator.

referencing

Chemical Equation Balancer

Balance any chemical equation in minutes just by entering the formula.

calculator

Word Counter & Page Calculator

Calculate the number of words and number of pages of all your academic documents.

Refer Just 5 Friends to Earn More than $2000

Check your estimated earning as per your ability

1

1

1

Your Approx Earning

Live Review

Our Mission Client Satisfaction

expert working good with ratio analysis i got full marks for ratio but overall good presentation.

flag

User Id: 207116 - 02 Apr 2020

Australia

student rating student rating student rating student rating student rating

excellent work by tutor and quality of good work excellent work by tutor and quality of good work excellent work by tutor and quality of good work excellent work by tutor and quality of good work excellent work by tutor and quality of good work

flag

User Id: 264013 - 02 Apr 2020

Australia

student rating student rating student rating student rating student rating

Brilliant work, paid attention to every details, And submitted on time for review.

flag

User Id: 338016 - 02 Apr 2020

Australia

student rating student rating student rating student rating student rating

The report was exceptional. Thank you for helping me with this assignment, and I am very satisfied with the result. The content was exceptional and my grade was exactly what I needed, the writer was very on point and finished my report in a timely ma...

flag

User Id: 262907 - 02 Apr 2020

Australia

student rating student rating student rating student rating student rating
callback request mobile
Have any Query?