Amazon

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Reading Felicia Chong’s blog regarding Amazon, I totally agree how speed and convenience of delivery is the key point to attract customers. Felicia stated that Amazon fast delivery service in Canada will not be a “special” advantage anymore in the near future due to increasing amount of online shopping deliveries.

It is the same thing in USA, people are eager to receive their goods delivered as soon as possible. However, according to this article, customers are not willing to pay a higher delivery fees. This generates a problem for Amazon, since they will have greater costs of production to cover the expenses of fast-speed delivery. Amazon has lots of competitors such as Google Inc and eBay Inc. To maintain its position on top of the market, Amazon needs to find new advantages that other competitors can’t obtain. I would recommend Amazon giving out discounts if customers are buying in bulk. They should be prioritized compared and given more privileges. This will surely captivate the attention and willingness of customers to shop in Amazon compared to its competitors.

 

If the United Nations was fully funded why would we need the Arc or social enterprise?

In my opinion, Social enterprises are required to boost and maintain economic growth of a country. United nations needs professionals to allocate their resources in an efficient way.As you can see from Osei-Duro Company, there are problems in conducting the process of dying fabrics manually, resulting in a 20% loss of profits. Social entrepreneurs are able to identify which causes the problem to occur.

In Bangladesh, Muhammad Yunus offers micro-finance to help citizens build up their own businesses. However, many resources and money go to waste because people lack of experience. Arc initiative is essential in helping United Nations how to use the resources efficiently and what are the strategies to make sure the firms do not exit the industry due to competition. United Nations will be able to climb the social ladder within a society. With the help of Arc, rate of economy growth will skyrocket due to presence of healthy-competitive market.

Moreover, Arc usually offers job opportunities for citizen who dont have education background. This benefits both employers and employee, since employers will earn cheap labor and employees will gain vocational skills that may be useful for them in the future.

Alexandra Wang x H&M

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Collaboration between Alexandra Wang and H&M will definitely satisfy the desire of all shopaholic. At first glance, you may be thinking that Alexandra Wang is the one who choose to collaborate with H&M but actually it is the other way around. H&M is extremely selective in choosing partnership. Nevertheless, Alexandra Wang emerge as the winner because of the unique sportswear designs that capture the eyes of Creative Director of H&M.

Together, they are able to provide unique sporty designs that scream “branded and classy” in an affordable price. Moreover, they make them exclusive and limited. Customers especially shopaholic will take pride in wearing those clothes. It is a great move to scale up H&M brand through professional designers. In BC, lots of customers are more than willing to line up in the middle of freezing night to purchase these clothes.

However, if you are a colour person, these stuffs may seem unattractive to you. They only target a certain market whose takes comfort in wearing dark colours in shades of gray. This is may be one of the drawbacks.

Buy Now or It’s Gone Forever

 

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The titles clearly indicate the motto of “Louis Vuitton” brand. According to article written by Salene Mazur Kraemer, Louis Vuitton never sold their products at a discount. It is said that Louis Vuitton burnt all unsold merchandise to prevent any imitation or eroding the brand’s name.

The first time, I pinpoint the word “burnt”, global warming issues come to my mind. How much greenhouses gasses did they emit every year? However, worry no more. Based on this article that I have discovered, Louis Vuitton does not have anything to burn because they are sold out. They clearly reach the “triple bottom line” point. They fulfill all the requirements for sustainability.

Can Louis Vuitton balance core values and heritage of the company under the growing pressures of business?

Louis Vuitton has its principles to sell the same price no matter where is the location of the store and only targets a high-end market. As a result, they may lose potential broad customers and are threatened to cheapen the brand. With competition everywhere, company is facing a great predicament.

 

 

CurrentC VS ApplePay

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CurrentC (manufactured by MCX) and ApplePay are currently in raging wars fighting for potential large users. These two applications allow customers to pay using other methods instead of swiping credit cards. Since ApplePay uses NFC that is accessible by mobile phone, it gives Apple an advantage point.  While CurrentC are built around QR code (barcode), they know it would be best if they can freeze apple product as long as they can by prohibiting Walmart to use ApplePay when still in contract with CurrentC.

Basing my opinion on this article, I recommend Walmart to cut off the deal with MCX and sign a contract with Apple right away. Every corner you turn around, people are using Apple products. Apple has its “brand power”, loyal customers of Apple will use its product no matter what. Moreover, ApplePay can be used using mobile phone that is accessible anytime and anywhere. In this fast-paced environment, time is money.

Drawing from NeysaFernanda’s blog, I disagree with her opinion because CurrentC can’t compete with ApplePay because their newest application will be launched on 2015. Walmart may have huge financial loss since customers will be reluctant to use CurrentC. Why use CurrentC when you have ApplePay at your disposal?

Although, it is true that CurrentC has track of its customer but what is the point? Most people are addicted to Apple products. Perhaps, I am bias but so as any other customers especially businessmen who value convenience and efficiency more compared to any other person.