Free

APPLE PAY AT WALGREENS - Research Paper Example

Comments (0) Cite this document
Summary
Mobile phones have literally taken over our everyday life and turned out to be more of a must have gadget. Smartphones in particular have revolutionized the traditional way of doing business. It is now…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.1% of users find it useful

Extract of sample "APPLE PAY AT WALGREENS"

Conclusion Mobile payments is the new trend for today’s technology savvy consumer. Mobile phones have literally taken over our everyday life and turned out to be more of a must have gadget. Smartphones in particular have revolutionized the traditional way of doing business. It is now possible to book and pay flights, check in, book hotels, cancel reservations among many other functions all on one hand held device.
Apple pay couldn’t have come at a better time. It comes at a time when the mobile phone is at the center of today’s tech savvy consumer. While card payments are still widely used, the momentum is fast moving towards mobile payment due to their convenience and retailers are taking note.
The Walgreen Company, the largest drug retailer in the United Stated is one among many companies which has implemented the latest payment solution in the world and the results are clear. Costanza (2015) notes that there has been an increase in sales for Walgreen. While this cannot be single handedly attributed to Apple pay, customer convenience and the ease of payment has greatly improved since its introduction.
Apple pay which is backed by the world’s most valuable technology was able to be rolled out at Walgreen Company with minimal cost and disruptions. As noted in the interview with company executive voyles, the ease of payment, security and speedy check-out has proved to be a major hit with customers. Apple pay is enabled by NFC and EMV technology and backed up by the three main card providers Visa, MasterCard and American Express.
While highly successful so far, there have been challenges. For example two main retailers Walmart and BestBuy have rejected this payment system in favor of their own. Reisinger (2014) also notes that there are other challenges such as a dead battery, losing your mobile phone as well as platforms which are not supported. Overall Apple pay has a positive impact on sales and customer experience at the Walgreen Company. While challenges and competition heat up mobile payments will in the future remain at the heart of today’s tech savvy consumer. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“APPLE PAY AT WALGREENS Research Paper Example | Topics and Well Written Essays - 250 words”, n.d.)
APPLE PAY AT WALGREENS Research Paper Example | Topics and Well Written Essays - 250 words. Retrieved from https://studentshare.org/information-technology/1688327-apple-pay-at-walgreens
(APPLE PAY AT WALGREENS Research Paper Example | Topics and Well Written Essays - 250 Words)
APPLE PAY AT WALGREENS Research Paper Example | Topics and Well Written Essays - 250 Words. https://studentshare.org/information-technology/1688327-apple-pay-at-walgreens.
“APPLE PAY AT WALGREENS Research Paper Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.org/information-technology/1688327-apple-pay-at-walgreens.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF APPLE PAY AT WALGREENS

Apple

...?APPLE, INC. Introduction Apple Computer was incorporated by Steve Jobs and Steve Wozniak in 1977, and became listed in the stock exchange in 1980. Today, it continues to be engaged in the design, development, and distribution of personal computers and servers, communications equipment, network solutions, portable digital music players, and their software, support services, and accessories (Datamonitor, 2010). The headquarters of the firm is based in Cupertino, California in the US, but operates internationally and has 34,300 employees. Its products include the Mac computers, the iPods which are now the most popular portable music players, the iPhone mobile handsets, and the iPad portable multimedia...
6 Pages(1500 words)Essay

Walgreens Annual Report 2011

...?Walgreens, Fiscal Year Walgreens, Fiscal Year The Milestones is the first section of the report where the Walgreens Company has highlighted its historic profile plus the major achievements in the fiscal year 2011. The second section is the financial highlight. This section of the report gives an overview of the company’s net sales, net earnings, net earnings per common share, shareholders equity, returns of on average shareholders’ equity, closing stock price per common share, total market value of common stock, dividends declared as well as shares outstanding. There is a comparison between the financial year 2011 and the preceding year 2010. The percentage increase for each of the mentioned entities is given. The third section... is the...
3 Pages(750 words)Term Paper

Apple

...(Burrows, & Satariano, 2012). The company has implemented a vertical market implementation strategy that involves creating a product for each use case. Moreover, the company is able to sell the products at the right price for only the profitable market segment. Using this strategy, the company has also been able to identify the market segment that pays more, for the specific product that the company provides. Moreover, a nice and easy to use user experience as well as high quality products that offer seamless integration characterizes the company’s products. More importantly, the company ignores prospective buyers who are not willing to pay for their price (Burrows, & Satariano, 2012). In conclusion, we...
3 Pages(750 words)Research Paper

Strategic Management-Walgreens Internal Analysis

...Value Chain Analysis on Walgreens Co INTRODUCTION Walgreen is America’s largest drugstorechain with overt 5,460 outlets in operation across 47 states in USA and Puerto Rico. With over 4.7 million customers patronizing the outlets on a daily basis nearly 30% of its stores are open on 24 hours basis. Filling over a million prescriptions daily and offering its customers a host of other support services, Walgreen operations are vast and complex.. The company generates over US$ 47 billion revenue per annum and holds close to 15% of the market share of retail prescription sales in United States. With its target of operating 7,000 stores by year 2010, Walgreen needs to manage...
9 Pages(2250 words)Essay

Apple

...APPLE, Inc Discuss leadership and other factors that you see as important relevant. What do you view as the key or exceptional factors that contribute to the companys leadership position in the market and to its success? Industry leadership in this business is determined by how well the company can sustain a constant stream of innovative ideas which are capable of commercialization. [See #7 below for competitive advantages, which are the key factors for the company’s leadership position.] The personal leadership style of Steve Jobs had much to be desired. He was exacting and uncompromising, a quality that made him difficult to work with, according to his subordinates and officers (Elliot and Simon, 2011, p. 47). Steve...
5 Pages(1250 words)PowerPoint Presentation

Pay Structures, Pay & Merit

...Running Head: Pay Structures, Pay and Merit Pay Structures, Pay and Merit Pay Structures, Pay and Merit Introduction Pay structure is the assemblage of pay proportions or pay assortments. The process of developing, adjusting and maintaining a pay structure is referred to as structure setting (Peter, 2002). Pay Structures In justifying executives’ pay structures, this study points out that the following factors as the main considerations (Worldatwork, 2007): Geographic location and job level of the executive. Geographic location may result...
2 Pages(500 words)Assignment

Apple

...Question Hp enjoys China’s economic growing rate. The increasing economy of China, where the company has a base, accelerates the company’s growth. The company expands into the Chinese market allowing them a competitive advantage. The company’s brand reputation is quite an advantage. Hp is a leading pc manufacturer, and it enjoys more than 15% of the world’s market share. The company, over the years, uses a technique that enables it to produce different products other than the PCs. Apple on the other hand, enjoys customer support. The reason for a constant customer loyalty is their closed ecosystem. This is a unique technique to apple. It contains a wide range of products that welcomes support from many...
1 Pages(250 words)Essay

Apple

...to analyze the success of Apple’s branding strategy and the ingenious business strategies that have been giving a long –term support to its customers, in terms of satisfaction, choice and specifications. 1.1 The Journey So Far Apple chooses to operate in some of the highly competitive markets, including the computer industry other than the consumer electronics industry and smart phone market and even the tablet market. The early years following its advent were extremely challenging, especially in comparison to the time when it started out with desktops in 1970s, followed by laptops in 1990s. The iPod was launched in the year 2001, followed by iPad in 2010 and now even resourceful with the latest...
6 Pages(1500 words)Essay

Walgreens Company Analysis and Recommendations

...Walgreens company analysis and recommendations Introduction Walgreen has built a good reputation in America for offering superior products. People have come to trust the long existing drug chain store for their genuine products. Most of the drugs available at the stores are branded drugs which can be very expensive for low income earners in America. As such, some changes can be made to ensure that more people have access to genuine drugs at an affordable price. Part 1 Leadership, organisational structure and culture at Walgreens Recommendations: Change is not always easily acceptable especially in a long existing company such as Walgreens. It is however inevitable if the...
3 Pages(750 words)Assignment

Wal Marts Midlife Crisis

..., and striving for excellence. Another of Wal-Mart’s best practices is to localize the agenda of a superstore in order to meet the needs and requirements of the local customer (Menzer cited by Bianco, 2002). However, Wal-mart is stuck in a slow growth cul-de-sac with key competitors “Target, Costco, Kroger, Safeway, Walgreens, CVS, and Best Buy” growing five times faster than Wal-Mart. In a study, 25% of Wal-mart’s stores failed to meet the required standards of cleanliness, product availability and check out timings (Bianco, 2007). According to Slater cited at Bianco (2002) price cutting is not enough anymore as selective middle income shopper looks for quality, style, service, and even store aesthetics. However, the...
25 Pages(6250 words)Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic APPLE PAY AT WALGREENS for FREE!

Contact Us