Big data refers to large and complex data sets which cannot be processed by using conventional database management tools. When there is a huge set of data it becomes difficult for the traditional database system to capture and curate them. …
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Big data software tools help in managing and processing such information within a considerable amount of time at a very high speed. Volume, variety and velocity are the three main challenges that big data software’s help in overcoming. In order to handle such huge unstructured sets of information, inductive statistic techniques and non linear system identification tools are used by big data (Arthur, 2013). Big data serves as an important tool for government authorities, science and research institutes and the private sector firms for analyzing huge sets of data for meeting consumer need and to tae strategic business decisions.
The digital advertising and marketing industry has evolved highly in the past decade. It is capable of capturing unstructured data of huge volume and processes it in a manner such that valuable insights can be developed. The digital industry is capable of establishing spot trends and patterns which help in discovering new relationships and provide competitive advantages to different firms. This has created a shift in the manner in which organizations advertise and market their products or services. Big data technology enables organizations to effectively capture large volumes of data and use the same for handling bulk transactions and conducting research for developing greater market opportunities. Companies such as eBay and Amazon use the big data software systems for managing customer queries, merchandizing and to handle various types of back end operations (Arthur, 2013).
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This report is mainly based on Ebay.com who are constantly changing their strategies and everyday implementing new business processes for an easy user friendly customer oriented approach and helps to ease the business process to great extent and help to cope different critical situations faced by the company in long-run.
The Internet Marketing Strategy becomes an important topic of analysis. The fast development of the internet made the companies rethinking the marketing strategy and sometimes the whole business and organizations. The purpose of this essay is to analyze the online retail store Amazon.com.
The name of the company starting with the letter “A” was a deliberate phenomena initiated by Bezos so that it could emerge early in the alphabetical order. The firm started as an online bookstore. In comparison to some of the biggest brick and mortar bookstores and mail order catalogs which can give up to 200,000 titles, an online bookstore can trade much more (Miller, 2009).
E-Business Technologies have altered the Nature of Competition within Amazon
Internet has changed our lives to a large extent. The business done through internet or e-business is one of its major examples. The technologies through which business is done electronically are known as e-business technologies.
eBay inc. is an internet consumer corporation of American origin founded in 1995 and located in San Jose, California. The company boasts a multi-billion dollar business status with localized operations globally in over 30 countries (Joyner, 7). eBay.com is an online platform that runs on the eBay website which gives buyers and sellers from all over the world a place to sell and buy a wide variety of both services and goods.
The scope of Marketing Management is not limited to just buying and selling of good but it also includes:
Setting up a website , consisting of text, images and possibly audio and video elements used to convey the company's message online, to inform existing and potential customers of the features and benefits of the company's products and services.
Electronic commerce or e-commerce as it is referred to, this certain feature in the internet and business arena is blessing not just for prospect shoppers but even for simple beginners to expert sellers
In addition, these investors also get to know of the other factors and other indicators that aid them in deciding which among the available investments are worth their funds. This paper will focus on the investment
PayPal is available in more than one hundred and eighty markets across the world. This company was started in 1998 by Peter Thiel and Max Levchin, and it was then referred to as Confinity and its main business was Palm pilot cryptography. In the year 2000, Confinity merged with another company called X.com which provided financial services.
8 Pages(2000 words)Essay
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