have a lot of money to spend on foreign goods. However this is not the case. The very purpose to the creation of this shopping mall was to provide consumers with high interest in foreign goods (sensitive to trends and interest in fashionable goods) at fairly lower prices. So the ultimate target group of WizWid would be consumers that care about fashion and brands, but also those who would lik
Goods Aspect : Clothing and accessories (Department stores and On-line shopping malls)
• Consumable goods and industrial products (Major supermarkets, On-line shopping malls)
• Beverages and daily products (Supermarkets and convenient stores)
• Price Aspect: There is barely no price difference between major supermarkets and supermarkets (especially enterprise supermarkets)
◆Competitive Advantage of CJ Freshway
CJ Freshway has an excellent distribution infrastructure by securing one stop delivery system which is a nationwide logistic network, in other words, it is a global sourcing. In addition, they have safe sanitation overhauled by KOLAS. That is not only what they are doing but also they provide much more useful information for their customers about consulti
Moreover Amazon created a user-friendly Amazon.com interface for the convenience of the customers. Amazon.com’s customer interface was developed to facilitate a comfortable and convenient shopping experience minus all the annoyances of on-line shopping that encouraged return customer. Many features provided by Amazon.com stressed “ease of use” which included tailoring of the Amazon.com site
shopping mall in Korea. People recognize WizWid as the most luxurious and trustful online shopping mall by the first mover advantages. This graph represents over 80% of total visit is direct visit. It presents many customers believe WizWid’s brand image under first mover advantage recognition.
3. WizWid and Online shopping
In so far, the background information on which WizWid was created an