Skip to main content

M-Commerce *Next Generation E-Commerce*


M-Commerce is also said as next generation E-Commerce.

It is firing up its importance especially in the field of Retail Industry. This is becoming a new and the latest way of connecting with customers.
This is evidenced by the fact that mobile devices account for more than a quarter of online shopping and mostly on festive seasons like Christmas or New Year. Through M-Commerce you can easily select various categories and sub-categories.There is also an option of searching for the latest offers at restaurants, spas, and other entertainment places which are nearby or far.
M-Commerce takes place through various mobile devices, mobile phones, Personal Digital Assistance (PDA), a Smartphone, or any upcoming mobile equipment like Dastop Mobile Devices.

Various Services provided by M-Commerce are:-
1) Financial Services like mobile banking or brokerage service.
2)Retail Service
3)Informative Service
4)Location Based Services like local discount , offers etc
5)Mobile Marketing and Advertising
6)Auction




Labels:

Comments

Post a Comment

Popular posts from this blog

Advantages and Disadvantages of EIS Advantages of EIS Easy for upper-level executives to use, extensive computer experience is not required in operations Provides timely delivery of company summary information Information that is provided is better understood Filters data for management Improves to tracking information Offers efficiency to decision makers Disadvantages of EIS System dependent Limited functionality, by design Information overload for some managers Benefits hard to quantify High implementation costs System may become slow, large, and hard to manage Need good internal processes for data management May lead to less reliable and less secure data
1 comment
Read more

Inter-Organizational Value Chain

The value chain of   a company is part of over all value chain. The over all competitive advantage of an organization is not just dependent on the quality and efficiency of the company and quality of products but also upon the that of its suppliers and wholesalers and retailers it may use. The analysis of overall supply chain is called the value system. Different parts of the value chain 1.  Supplier     2.  Firm       3.   Channel 4 .   Buyer
Post a Comment
Read more

Big-M Method and Two-Phase Method

Big-M Method The Big-M method of handling instances with artificial  variables is the “commonsense approach”. Essentially, the notion is to make the artificial variables, through their coefficients in the objective function, so costly or unprofitable that any feasible solution to the real problem would be preferred, unless the original instance possessed no feasible solutions at all. But this means that we need to assign, in the objective function, coefficients to the artificial variables that are either very small (maximization problem) or very large (minimization problem); whatever this value,let us call it Big M . In fact, this notion is an old trick in optimization in general; we  simply associate a penalty value with variables that we do not want to be part of an ultimate solution(unless such an outcome is unavoidable). Indeed, the penalty is so costly that unless any of the  respective variables' inclusion is warranted algorithmically, such variables will ...
Post a Comment
Read more