I. INTRODUCTION
WHAT IS 11ST
There is no more necessity to get out from home for buying goods. Shopping is changed from outdoor activity to indoor activity. This becomes possible through a rapid progress of e-commerce. Since 2001, when annual analysis of e-commerce started, the scale has been extended beating every last records. In 2008, that closed in upon 630 trillion won, and the sales gap
2.3. Strategies Against Competitors
2.3.1 Cheap Price
The distribution system between Korea and America is very different. The price with same goods in America is cheaper than in Korea. Especially season sail has the cost cut about 60~70% WizWid buys mass quantity of goods and prepares for shortage of products. It can cut their selling price very much.
2.3.2. Brand Loyalty: First-mover Advan
III. Situation of point mileage in credit card
As using credit cards increases more and more, so does point mileage of credit cards. Here are some charts about that. Total amount of money used by credit card keeps growing since 1990. (There’s an outlier in 2002. There’s a sudden increase of spending because of world cup. But, This Chart generally goes upward.) Similarly, balance of point
guarantees;
• warranty returns;
• service returns (repairs and spare-parts);
• end-of-use;
• end-of-life;
The reasons have been listed more or less according to the lifecycle of a product.
Reimbursement guarantees give customers the opportunity to change their minds about purchasing (commonly shortly after having received/acquired the product) when their needs or
1.2 Segmentation
With the development of the internet and constant advances it has been able to make we, today, have a society where almost all people enjoy the creative innovation In order to jump into this new industry of e-commerce, WizWid carried out an extensive research on the usage of internet by different age groups.
WizWid found out that people were using the internet regardless of th