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A Presentation On Key Business Technologies: Trends in Mobile Commerce, ERP Systems, and Bricks and Clicks Business

The document discusses the rapid evolution of mobile commerce, highlighting trends such as the growth of mobile payments, the rise of mobile shopping apps, and the integration of online and offline channels in the Bricks and Clicks business model. It emphasizes the importance of ERP systems for centralizing data management and enhancing operational efficiency. Overall, these technologies and strategies are transforming how businesses operate and engage with customers in a competitive market.
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0% found this document useful (0 votes)
29 views10 pages

A Presentation On Key Business Technologies: Trends in Mobile Commerce, ERP Systems, and Bricks and Clicks Business

The document discusses the rapid evolution of mobile commerce, highlighting trends such as the growth of mobile payments, the rise of mobile shopping apps, and the integration of online and offline channels in the Bricks and Clicks business model. It emphasizes the importance of ERP systems for centralizing data management and enhancing operational efficiency. Overall, these technologies and strategies are transforming how businesses operate and engage with customers in a competitive market.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Trends in Mobile Commerce, • A Presentation on Key

ERP Systems, and Bricks and


Clicks Business
Business Technologies
• Mobile commerce, also known as m-commerce,
has evolved rapidly as mobile devices become
Trends in Mobile the primary tool for internet access globally. The
growth in mobile payments is a significant trend,
Commerce driven by the increasing adoption of digital
wallets such as Apple Pay, Google Wallet, and
various other region-specific solutions. These
platforms have made it easier and more secure
for consumers to complete transactions via their
mobile devices. Another trend is the rise of
mobile shopping apps, which provide tailored
experiences that cater to users' preferences and
behaviors, often using AI to deliver personalized
product recommendations. Mobile-first websites
are now standard, ensuring that browsing and
shopping on mobile devices is seamless and
efficient. Furthermore, social commerce, where
shopping is integrated directly into social media
platforms, is becoming more prevalent. Finally,
the omnichannel experience—where customers
interact with brands across multiple channels,
including mobile, in a unified way—has become
essential for businesses seeking to meet the
expectations of modern consumers.
• The growth of mobile payments is one of
the most significant developments in the
Growth in Mobile financial and retail sectors. With the
Payments increasing penetration of smartphones,
more consumers are embracing digital
wallets and contactless payment solutions
for their everyday transactions. These
advancements have been fueled by
innovations in mobile technology, enhanced
security features such as biometric
authentication, and the convenience
offered by tap-and-go payment methods. As
a result, businesses across various
industries have adapted to accept mobile
payments, leading to a surge in cashless
transactions. The global pandemic further
accelerated this trend, as consumers sought
safer and more hygienic payment options.
This shift is not just a temporary change but
a lasting transformation in how people
conduct financial transactions, paving the
way for a future where physical wallets
might become obsolete.
• Mobile shopping apps have transformed the
retail landscape by offering users a convenient,
Rise of Mobile Shopping personalized, and interactive shopping
experience. These apps allow businesses to
Apps engage directly with their customers through
push notifications, personalized offers, and real-
time updates on orders and promotions. The
integration of mobile wallets within these apps
has further streamlined the checkout process,
reducing friction and enhancing customer
satisfaction. Additionally, mobile shopping apps
often leverage AI and machine learning to
analyze user behavior, providing personalized
product recommendations and creating a more
engaging shopping experience. This direct and
constant access to consumers has given
businesses a powerful tool to drive sales, foster
loyalty, and build stronger relationships with
their customer base. As a result, the use of
mobile shopping apps continues to rise,
contributing significantly to the overall growth of
mobile commerce.
• Enterprise Resource Planning (ERP) systems are
comprehensive software platforms used by
Enterprise Resource organizations to manage and integrate the
crucial parts of their businesses. An ERP system
Planning (ERP) Systems integrates processes across various
departments—such as finance, human
resources, supply chain, and customer
relations—into a unified system. This centralized
data management enhances operational
efficiency by reducing redundant tasks and
ensuring that all departments have access to
consistent and accurate data. Furthermore, ERP
systems enable automation of routine tasks,
which reduces human error and frees up
employees to focus on more strategic activities.
Real-time data analysis, another critical feature
of ERP systems, allows businesses to make
informed decisions quickly, adapting to market
changes and internal dynamics more effectively.
As organizations continue to grow and evolve,
ERP systems provide the scalability and flexibility
needed to support their long-term objectives.
Centralized Data Management
• Centralized data management is a key advantage of ERP systems,
offering businesses a way to consolidate data from different
departments into a single, unified database. This approach ensures
that all employees and departments are working with the same
information, reducing the chances of errors and
miscommunications. Centralized data management also improves
data accuracy and accessibility, making it easier for decision-makers
to retrieve and analyze information. This enhanced access to data
leads to better strategic planning and more informed decision-
making, as businesses can quickly identify trends, track
performance metrics, and respond to challenges. Moreover,
centralized data management simplifies compliance with industry
regulations and standards, as all relevant data is stored in one place
and can be easily audited. This level of organization and control
over data is essential for businesses looking to maintain a
competitive edge in today’s fast-paced market.
Bricks and Clicks Business Model
• The Bricks and Clicks business model represents the integration of
both physical and online retail channels, allowing companies to
offer a seamless shopping experience across all platforms. This
model leverages the strengths of both bricks-and-mortar stores and
e-commerce, providing customers with the flexibility to shop in the
way that best suits their needs. For example, customers can browse
products online, make purchases, and then pick up their items in-
store, or they can visit a store to see products in person and then
complete their purchase online. This omnichannel approach not
only enhances the customer experience by providing multiple
touchpoints but also allows businesses to reach a broader audience.
Additionally, the Bricks and Clicks model enables companies to
gather valuable data across all channels, which can be used to
personalize marketing efforts, optimize inventory management, and
improve overall business operations.
Integration of Online and Offline
Channels
• Integrating online and offline channels is a crucial aspect of the
Bricks and Clicks business model, aimed at providing a cohesive and
convenient shopping experience for customers. This integration
allows customers to transition smoothly between a brand’s physical
and digital touchpoints, whether they are researching products
online, purchasing in-store, or opting for in-store pickup of online
orders. Real-time inventory management is vital to this integration,
ensuring that stock levels are accurate across all platforms and
preventing issues such as overselling. Furthermore, integrating
online and offline data enables businesses to create personalized
marketing campaigns that cater to individual customer preferences,
boosting engagement and loyalty. This seamless blending of
channels not only improves the customer experience but also drives
sales and enhances the overall efficiency of business operations,
making it a critical strategy in today’s retail environment.
Conclusion
• In conclusion, the ongoing trends in mobile commerce, the
implementation of ERP systems, and the adoption of the Bricks and
Clicks business model are transforming the way businesses operate
and interact with customers. Mobile commerce is rapidly
expanding, driven by the widespread use of smartphones and the
convenience of mobile payments and shopping apps. ERP systems
are essential for streamlining business processes, ensuring data
accuracy, and enhancing decision-making capabilities across
organizations. The Bricks and Clicks model represents a powerful
strategy for integrating physical and digital retail channels, offering
customers a seamless and flexible shopping experience. As these
technologies and strategies continue to evolve, businesses must
stay informed and adapt to remain competitive in the dynamic
market landscape.
Questions and Discussion
• Thank you for your attention throughout this
presentation. We've covered significant trends and
technologies that are shaping the future of business.
Now, I'd like to open the floor for any questions you
may have, or if you wish to discuss any specific topics
in more detail. Whether you're curious about the latest
developments in mobile commerce, how ERP systems
can be tailored to your business needs, or the best
practices for implementing a Bricks and Clicks model,
I'm here to provide insights and engage in a productive
discussion. Let’s explore these topics further and
discuss how they might impact your organization or
industry.

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