This presentation was given by Frank Thompson, Principal, MNET, at the Hartford Business Journal e-Marketing & Technology Summit on February 18, 2011, Hartford CT.
MNET is an award winning Boston based interactive agency. Based on a research-based process, we provide web design and online marketing solutions that meet our clients' objectives and goals."
Maintainnet.com, MNETBoston.com
This presentation was given by Frank Thompson, Principal, MNET, at the Hartford Business Journal e-Marketing & Technology Summit on February 18, 2011, Hartford CT.
MNET is an award winning Boston based interactive agency. Based on a research-based process, we provide web design and online marketing solutions that meet our clients' objectives and goals."
Maintainnet.com, MNETBoston.com
Barnes and noble a case presentation for harvard by Aki Inoue Anuar Beibytov ...Dr Ritesh Malik
A presentation on the dynamics of the largest brick and mortar retailer in the world (BARNES & NOBLE). How this giant is facing a crises and can the new CEO be the turn around specialist.
A presentation by Aki Inoue
Anuar Beibytov
Yihua (Elaine) Pan
Kheamasuda Reongvan
for Harvard University
Technology strategy at national level; Technology strategy at organizational level; Generation / development of technology; S curve of technology evolution; Technology progression
[Project] Customer experience and buying behaviour in e-commerce sitesBiswadeep Ghosh Hazra
The growing usage of internet in India provides an extremely lucrative market for many retailers and businesses. If e-retailers get to know the factors that broadly affect online behaviour, and the corresponding relationships between the type of online buyers and these factors, then they can further fine tune their marketing strategies to convert potential customers into permanent customers, while keeping the existing online ones.
This project on consumer behaviour is a part of a study, that broadly focuses on the factors which Indian online buyers keep in mind while they are shopping online. The research conducted found that Customer Service, Customer Review/Recommendations and Discount/Offers are the three dominant factors that influence online consumer perception. Consumer behaviour is an applied discipline because some decisions are significantly affected by their expected actions. The two perspectives that demand application of its knowledge are societal and micro perspectives. Internet is changing the very method consumers shop, buy goods and services, and has rapidly become a global phenomenon.
Today all companies must use the Internet with the goal of cutting marketing costs, and at the same time, received quantitative information; thereby reducing the price of the services and products, the companies offer. High competition compels companies to continuously look for cost cutting measures. Companies also use internet to communicate, convey and disseminate information, to take feedback, conduct satisfaction surveys with customers and most importantly, to sell the product.
Analytical CRM - Ecommerce analysis of customer behavior to enhance sales Shrikant Samarth
Task: You are required to choose a dataset (or related datasets) in an area of interest suitable for analyzing customer relationships.
Approach: Topic is chosen – Customer behavior Analysis in Ecommerce Industry for Enhancing Sales. Brazilian E-commerce public dataset was downloaded, cleaned and performed multiple regression in SPSS to check the relationship between the dependent variable and multiple independent variables.
Findings: Customer can be retained if the product delivered in time and if there is a delay in the product delivery, it is a duty of a seller to inform the customer for the same. The payment method has proven to be an important parameter to enhance sales over a period of time. analysis suggests on-time delivery, flexibility in payment method and good customer service would help the seller to gain customer trust which would help them to convert more sales.
Tools: IBM SPSS , Excel (pivot tables and charts), Tableau
ANALYSIS OF IT ENABLED WEBSHOPS & SUPPLY CHAIN EXECUTION
Analysing the basic purchasing behaviour of consumers who go for online shopping
study of parameters that are important in building an efficient web shop
study of various factors that make customer loyal to a web shop
Study of major problems that are faced during online shopping and developing recommendations after analyusing overall scenario
UNIT 1 DB2 FINALThe objectives of the retail store include com.docxmarilucorr
UNIT 1 DB2 FINAL
The objectives of the retail store include company profitability with an increase in online sales. The company currently needs to restructure and come up with a plan to accelerate customer service, retail ordering, inventory management, backup’s, productivity standards, employee retention, and stakeholder sustainability. Goals and recommendations include customer and inventory databases with accessible cataloging of information. Incorporating improvements for the database system making it a manageable and viable system.
The following associates have the following issues with the current system.
Cashier
System allows discounts and promotional product when not authorized.
Customer service
Order status is not available to customer questions and order information. The system does not allow access to customer order information.
Store Manager
So much time is spent taking care of problems; orders are misplaced and the wrong order are sent to customers. The current technology is not working for the company.
Customer
Customer service and retention is not present within the company structure.
Product Manager
The system says there is product in the warehouse, but it is wrong this is not true, actually the inventory amount in the system is inaccurate.
An Enterprise Content Management System (EMS) is an architectural system that gives an organized system for documents. This system captures, stores, manages, preserves, delivers, and governs information. The relational database model will provide the retail store with a system that will compensate delivery of customer information, inventory, pricing, and shipping processes. The inventory will include a catalog of products with inventory choices. The web design includes credit card processing, purchasing, discount offers, and shipping options.
Building customer satisfaction is pertinent in building the brand for the company and loyalty. Measuring tools used to measure retail achievement comprising of followers, who clicked the link, how many visitors clicked the link, and follower tracking results. Development of a social media strategy elevates sales using measuring tools such as Blogs, Twitter, FaceBook, and Instagram. These measuring metrics create quantitative and qualitative results.
Quantitative elements, created from the online retail website, is comprised of traffic driven to the website, this describes the type of customers, and buying patterns. A tweet pattern established by retweets. The volume amount of threads created from the conversation determines interest information. The number of followers reveals the fan base established through the social media strategy volume. The number of click-throughs established from different advertising links. The amount of member subscribers registered on the website assists in success calculation.
Qualitative variables reach the target market and assist the company’s overall outlook by making sure the company’s consumer opinion ...
Safalta Digital marketing institute in Noida, provide complete applications that encompass a huge range of virtual advertising and marketing additives, which includes search engine optimization, virtual communication advertising, pay-per-click on marketing, content material advertising, internet analytics, and greater. These university courses are designed for students who possess a comprehensive understanding of virtual marketing strategies and attributes.Safalta Digital Marketing Institute in Noida is a first choice for young individuals or students who are looking to start their careers in the field of digital advertising. The institute gives specialized courses designed and certification.
for beginners, providing thorough training in areas such as SEO, digital communication marketing, and PPC training in Noida. After finishing the program, students receive the certifications recognised by top different universitie, setting a strong foundation for a successful career in digital marketing.
Embracing GenAI - A Strategic ImperativePeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
Honest Reviews of Tim Han LMA Course Program.pptxtimhan337
Personal development courses are widely available today, with each one promising life-changing outcomes. Tim Han’s Life Mastery Achievers (LMA) Course has drawn a lot of interest. In addition to offering my frank assessment of Success Insider’s LMA Course, this piece examines the course’s effects via a variety of Tim Han LMA course reviews and Success Insider comments.
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
2. ABSTRACT
The case study we analyzed is based on the Tech Bookstores which operates two book stores
situated inside Tech University and outside the University. In the Tech Bookstores case, the
bookstore manager has received several complaints about service quality from faculty and
non-student customers.
The case includes data from a customer quality survey. The data is classified by bookstore
location and type of customer. We developed a Pareto analysis of the survey data to prioritize
the quality problems, we identified costs of poor quality, and the obstacles which are
inevitable in implementing the change at the bookstores and made recommendations for
improve service quality.
3. INTRODUCTION
Tech is a major state university located in a rural collage town & operates two bookstores one
on campus & one off campus at a nearby mall. The on campus store sells school supplies,
text books, school licensed apparels, gifts and has large computer department. The off
campus store sells text books, school supplies, licensed apparels, gifts & has trade book
department.
Significance of the Bookstore
Operating in a competitive market.
Charge reasonable prices for text books & premium price for other products.
Profits are used to fund student related projects.
Past period there were some of problems occurred at the off campus store like:
A student employee was arrested for drug possession.
There is a shouting match between faculty customer & student employee due to not
locate the book on right place on the bookstore computer system.
Argument between one of student employee & alumnus for the return policy.
Difficulty of purchasing due to unmanned register
Employees talking together in the store.
To identify the reasons for above problems Mr. Watson, the executive director of Tech
services initially conduct a customer survey during a two weeks period, and secondly he
hired several graduate students to pose as customers, make purchases, ask specific questions
of sales clerks & report their experience.
4. QUESTION 01.
REASONS FOR ORGANIZING THE CUSTOMER SURVEY
To identify the issues in tech stores Mr. Watson organized a customer survey during a two
week period in the middle of the semester by appointing some of employees to ask brief
questionnaire from the customers as they left the store. Due to following advantages of
customer survey he may feel to arrange a customer survey like this.
Low cost
- Surveys are less expensive than many other data collection techniques.
Easy to conduct
- Surveys can be created quickly and administered easily.
Easy to gather the data
- Through preparing sample of questionnaires can gather necessary information
on a wide range of things, including personal facts, attitudes, past behaviors
and opinions.
More sample size
- According to our requirements we can select the sample size.
Little or no observer subjectivity
- Surveys are ideal for scientific research studies because they provide all the
participants with a standardized stimulus. With such high reliability obtained,
the researcher’s own biases are eliminated.
Because of the above reasons Mr.Watson thought this is the most suitable analytical
tool than the others for identify major problems.
Tools That Can Use to Analyze the Book Store’s Quality Issues
Due to the disadvantages regarding to the selecting Sample size, Rigidity and Possible
Inappropriateness of Questions survey methods can get failure. Therefore to get better
information they can use this survey method through in this normal way, through their online
web site and observing their customer behavior. After that they can use the tools like
Fishbone Diagrams, Pareto chart and Scatter diagram for analyzing this quality issues.
Fishbone (Ishikawa) diagram: identifies many possible causes for an effect or
problem, identify bottlenecks in the process and sorts ideas into useful categories.
Pareto chart: The Pareto Principle states that only a "vital few" factors are
responsible for producing most of the problems. This principle can be applied to
quality improvement to the extent that a great majority of problems (80%) are
produced by a few key causes (20%).
Scatter diagram: graphs pairs of numerical data, with one variable on each axis, to
help you look for a relationship.
5. QUESTION 02.
ANALYZING THE SURVEY RESULTS
When we analyzing quality issues in campus book store in terms of students, non students
and ultimately combined results of both students and non students can be drawn following
conclusions.
As per the Pareto chart 1, around 65% of dissatisfaction level of students in on
campus comprises visiting to the book store website, purchase price of the item and
employees’ knowledge and there is no significant dissatisfaction on overall service,
Campus store -Student Campus Store – Non Student
CAMPUS STORE
6. employees’ courteous, waiting time for service and check out and the availability of
the item.
As per the Pareto chart 2, around 72% of dissatisfaction level of non students in off
campus book store comprises visiting to the website, waiting for service and checkout
and employees’ knowledge and there is no material issues on overall service quality,
employees’ courteous, availability of the items required by the customers and the
prices of the items.
The major problem we could have identified in the campus store are the lack of
visiting to the book store’s website, lack of knowledge of employees, a higher
purchase price of the items and the long waiting time for service and checkout which
comprises 75% of overall dissatisfaction level.
It is noted that the prices of the items available in the campus book store is a big issue
among students but not among non students which comprises 24% and 3% of total
dissatisfaction level respectively. And also there are no material issues on waiting for
service and checkout among students but among non students.
OFF CAMPUS
Off campus store -Student Off campus store –Non student
OFF CAMPUS
7. Analysis of survey results of off campus book store in terms of students and non students, the
following conclusions can be drawn.
As per Pareto chart 1, the results of survey in off campus store among students reveal that
there is around 81% of dissatisfaction level comprises visiting to the book store’s
website, the purchase price of the items, overall service and employees’ knowledge and
courteous. But there are no significant issues in availability of the items required and the
waiting time for the service and check out.
As per Pareto chart 2, the survey results among non students in off campus reveal that
there is around 82% of dissatisfaction level comprises visiting to the book store’s website,
the employees’ knowledge and courteous, waiting time for service and overall service.
But there are no material undesirable impacts on availability of the items required, the
purchase price of the items available and the waiting time for checkout.
As per the Pareto chart 3, the major problems identified in the off campus book store are
lack of visiting to the book stores website, lack of employees’ knowledge and courteous,
dissatisfaction with overall service and long waiting time for service.
Also noted that there is a big issue on prices of items available among students surveyed
in off campus store, but not among non students which comprises around 20% and 2.3%
of total dissatisfaction level of on and off campus store respectively. This is more than
17% of dissatisfaction level of the non students.
Pareto chart for overall survey result
As per the analysis of overall results of the survey, the following conclusions can be drawn.
The major problems faced by both on and off campus book store as per the above
Pareto chart are lack of visiting to the book store’s website, lack of employees’
knowledge and courteous, dissatisfaction with overall service and the purchase price
of the items which comprises around 74% of total dissatisfaction level. So from the
8. survey results it is concluded that the both books stores hold the items required by the
customers.
QUESTION 03.
QUALITY OF A BOOK STORES
“The creation of customer satisfaction by providing a good basis for the purchase of
books and other items on the right time at right quantity at right price with perceived
condition and re-creation of customer loyalty”
Quality dimensions of the Book Store
• Time and Timeliness
– Reduction of waiting time to search and purchase a book
– Quick response of service personnel to customer requests
• Completeness
– Maintaining a satisfactory level of stocks to meet customer requirements
– Update the Bookstore’s website regularly
• Courtesy
– Treat the customers in a friendly manner
– Politeness to the customer
• Consistency
– Equally treat all the customers
• Accessibility& Convenience
– Appoint knowledgeable employees
– Locate the book store in an accessible place to customers
– Maintain a proper layout that makes convenience
e.g. Arrange the store’s very pleasant manner using proper
lightening and light music system to the book store, allocate special
reading area for buyers for read books before purchase, use any
alphabetical method to arrange the book shelves correctly.
– Convenience to access the website
• Accuracy
– Deliver the exact product that customer requires
– Ensure the accuracy of billing
– Ensure the correct information available in the website at anytime
• Responsiveness
– Should maintain a decent return policy and handling customer complaints.
9. QUESTION 04.
QUALITY ISSUES IN THE TECH BOOKSTORES
Poor coordination system –
Not enough that relationship between management levels and an operational level
employees. Thus the student employees not work in responsible. Not only that, but
also, some student employees have referred for unmannerly activities.
Very limited parking facility in the on campus book store.
Higher turnover and absenteeism among student employees.
Customer’s disfavor about the prices.
One of a student employee was arrested on drug possession.
Lack of knowledge regarding to Book store computerized system.
Student employees do not threat their customers well.
Keep registers in Un-manner way.
Several employees talking together in the store.
Student employees not familiar in store policy.
Employees do not have a proper idea about what products available in the store and
where it is located
Sometimes employees got defensive with their customers.
Some student employees are lackadaisical and bored
Less induction and training program
The student employees lack knowledge regarding
Store policies of bookstores
Operating system of the store computer system
Available products types
Separate located places for each product.
10. QUESTION 05.
COST OF POOR QUALITY
INTERNAL FAILURE COST
Cost associated with defects found before the customer receives the product or service.
E.g. scrap, rework, process failure, downtime & price reduction
Cost incurred for investigation of poor quality activities of organization.
Cost of resale and changing of the returned books.(downgrading)
Down time due to the problems related to the bookstore computer system.
Not properly recording the required information in the bookstore computer system.
Loss the cost due to keeping wrong or unnecessary items within book store inventory.
Delay in providing service on time to the customer.
Cost of re-entering data in to the organization data base.
Loss sales due to the lack of knowledge of the employees about organizational
system.
EXTERNAL FAILURE COST
External failure costs are the costs that occur after the poor quality products reach to the
customer.
Cost of handling customer complaint about the quality of the product as well as the
service of the bookstore.
Cost of handling & replacing the returned products.
Cost of loss sales.
Loss of reputation.
11. QUESTION 06.
HOW TO IMPROVE QUALITY AT THE BOOK STORE
QUALITY IMPROVEMENT;
Is the actions taken throughout the organization to increase the effectiveness of activities and
processes to provide added benefits to both the organization and its customers. There are two
basic ways of bringing about improvement in quality performance. One is by better control
and the other by raising standards.
Apply 5S practices to the bookstore
Sort - the first step in making things cleaned up and organized
Set In Order - organize, identify and arrange everything in a work area
Sweep or Shine - regular cleaning and maintenance
Standardize - make it easy to maintain - simplify and standardize
Sustain -maintaining what has been accomplished
Conduct training programs aimed at student employees
Incentive schemes to staff on attracting customers
Maintain a suggestion box
Design proper service level agreements
Develop a proper return policy and communicate it clearly
Implement a camera system to detect and control employee misbehavior
Appoint a leader, responsible for quality issues, from employees in the book
store on daily basis
12. QUESTION 07.
BARRIERS AFFECTING TO THE CHANGES AT THE BOOKSTORE
Have long –standing policy of selling textbooks with a very small markup.
Use all profit to fund student related projects like new athletic fields, student center
enhancement. Therefore there is no improving in the stores due to lack of
investments.
Lack of knowledge regarding to organizational policy.
Lack of training and motivation programs to enhance employee training skills.
Failure to adopt the change.
Resistance emerges in the books store culture.
Lack of control over Part time student employees
Negative attitude towards system upgrades
Employee redundancy and grievances due to technology usage
13. QUESTION 08.
BENEFITS OF QUALITY IMPROVEMENTS
To the Book Store:
Facilitates re-engineering
Improves morale and Stimulates creativity of employees.
Improves relationships among managerial non managerial staff and customers.
Improves problem solving ability and decision making.
Reduces cycle times, both development and process.
Clarification of what services a client expects the practice to provide
Reduction in loss of time due to re-work or ineffective and/or inefficient practices;
Better communications structure.
Higher repeat business/referrals from a satisfied client base;
Enhanced reputation in the business and its market share.
Enhance efficiency and productivity.
Facing to the competition very well.
Detection of a problem before it reaches the customer
To the employees
Improved awareness amongst locations of book store
Increased consistency amongst locations
Documenting and sharing of employee’s knowledge
Improved understanding of internal business processes
Training facility.
Improved morale of employees
Having opportunity to participate in decision making.
To the customers:
Higher quality service.
Increased reliability of the end product.
Increase the customer own satisfaction.
Ensure that the bookstores are able to fulfill customer requirements before making the
sale.
Ability to buy products at relevant price ranges on the required time.