Stages of business transaction25 نوفمبر 2021 2021-11-25 22:43
Stages of business transaction
Choose one of the stages of the business transaction and mention an example of its implementation using e-commerce
Ordering and payment stage can be done electronically through the company’s or its affiliate’s websites. The user scrolls through the products electronically and can compare prices and quality. After the consumer settles on his required product he can place his order and confirm it by paying online through his credit card or cash on delivery.
Pre-Purchasing stage : this stage where a producer advertise his products to online website and he is trying to make it higher quality than others and add some features which attract customers to buy this product rather than buying others .
The stage of payment and receipt, which is the second and most important stage of the commercial transaction. An example of this is the global Amazon company.
delivery stage: It is done by choosing the appropriate product after seeing more than one product, then the process is confirmed, and it is agreed on how to deliver the product on a certain date and day, and then agree on how to pay, whether it is pay online through his credit card or cash on delivery, and after the product comes the evaluation is done
davertising and research stage this stage is done by introducing the consumer to the product through advertisements on tv or social media and then begins to recognize them by searching and comparing them with other products in otrer websit in terms of price and quality