Wednesday, April 29, 2020

The Right to Vote Essay Example

The Right to Vote Paper Antonym mentions the word right or rights many different times in this excerpt. How does she use and refine this key term over the course of her speech? Use evidence from the passage to support your response. Your writing will be scored on organization, development of ideas, and use of grammar, punctuation, and spelling. At first Anthony main focus is the right to vote because she was arrested for voting. And, that this right was guaranteed to her by National Constitution, beyond the power of any State to Deny. Next rights become something people are born with; they are God-given. Anthony points out that she always has had the right to vote because the government doesnt give rights; she was born with that right. It says In the speech that when 100 or 1,000,000 people enter Into a free government, they dont barter away their natural rights. Accordingly, Anthony then turns to the concept of rights as they are defined In the Declaration of Independence which shows that governments dont give rights; they protect rights. Also shown in arcograph 4 line one it says nor can you find a word in any of the grand documents left us by the fathers that assumes for government the power to create or to confer rights. She is saying here that not only are these rights inalienable and natural and hence not given by governments but that our grand documents recognize this. Anthony then links rights to orderly and peaceful government: The Declaration also shows that the government is formed by the consent of the governed, which implies that people need the right to vote in order to make laws and to change laws. We will write a custom essay sample on The Right to Vote specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The Right to Vote specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The Right to Vote specifically for you FOR ONLY $16.38 $13.9/page Hire Writer After establishing these principles about the right to vote, Anthony expands her focus to equal rights for all. Its clear that women are not treated well by the laws of this country. They are being denied other rights besides the right to vote. She ends this excerpt with the idea that the founding documents show that women and men have the same rights equal political rights and by the practice of those declarations all class and caste distinction will be abolished bound to the proud platform of equality.

Friday, March 20, 2020

Essay on Design Management Practice and Theory

Essay on Design Management Practice and Theory Essay on Design Management Practice and Theory Essay on Design Management Practice and TheoryToday, the design management plays an important part in the development of the effective approaches to marketing and brand promotion. At this point, it is possible to refer to the experience of Cover Magazine, which is a popular print media and a well-recognized brand that is renowned in many countries of the world. The popularity of the magazine is, to a significant extent, determined by the design of the magazine. At this point, it is worth mentioning the fact that Cover Magazines focuses on the development of both external and internal designs which are equally important for the overall success of the magazine. The combination of the external and internal design helps the magazine to attract the audience and to keep the interest of the audience high. In such a way, the audience grows interested in the magazine that creates the original, exclusive design and promotes its brand through the creation of the particular brand image. At this point, it is worth mentioning the fact that the development of the brand image is extremely important in the contemporary business environment because the positive brand image contributes to the rise of the popularity of the brand and customer loyalty to the brand. In this regard, Cover Magazine gains considerable benefits from the effective external and internal design which lays the foundation to the overall popularity and success of the brand.Cover Magazine was one of the first print media that started developing the unisex design to attract both male and female audiences. In fact, this trend was absolutely new for the time, when the unisex design was introduced by Cover Magazine. The magazine introduced the new design in the 1970s, when the impact of the sexual revolution and accelerated emancipation of women accompanied by the rise of the feminist movement contributed to the elimination of barriers between genders (Gross, 1987). In such a situation, the elimination of barriers between genders gave rise to the unisex design and Cover Magazine was one of the first magazines that used the unisex design to attract both men and women. In fact, the unisex design created by Cover Magazine allowed the magazine to attract the broad audience. To put it more precisely, the use of the unisex design contributed to the increase of the target audience of the magazine almost twice. Traditionally, the magazine focused on the female audience only but the introduction of the unisex design attracted men to the magazine that increased the target audience and, therefore, sales of the magazine.At the same time, the introduction of the new design required changes in the traditional elements of the design to make the content and external as well as internal design of the magazine attractive for men. In such a way, the design of the magazine became a compromise that attracted both men and women. Such universal approach to the design of the magazine allowed the magazine to boost it s business development and increase its target audience substantially.Furthermore, Cover Magazine became not only the fashion magazine but also the lifestyle magazine that means that the magazine focused on the creation of the lifestyle above all rather than on the promotion of fashionable trends only. In such a way, Cover Magazine again used the new approach to the development of the design. In this regard, the magazine has made the breakthrough in the development of its design and its branding policy. The focus on the creation and promotion of the lifestyle has become the mainstream in the development of the design and brand image recently, whereas Cover Magazine was one of the first brands that have started using the lifestyle-oriented design to create the design that would create the particular lifestyle in the audience. In such a way, the magazine created the long-run design strategy which allowed the magazine to breed the customer loyalty. Customers learned the lifestyle promo ted by the magazine and its design and they grew accustomed to the particular design and lifestyle becoming loyal customers of the magazine.At the same time, the magazine developed the specific design aiming at the specific audience, creating the Cover magazine for kids, men and women, such as Cover Kids, Cover Man, etc. The diversification of the target customer group of the magazine resulted in the respective changes of the design of the magazine. At the same time, changes in the design of the magazine opened wider opportunities for the magazine to attract a larger customer group. In such a situation, the magazine has eventually managed to focus on the large audience, including not only the youth, which is the traditional customer group for fashion magazines, but also for adults in the forties and even fifties (Orecklin, 2004). Moreover, today, the magazine aims at kids too that means that the magazine forms its audience from the early childhood since children, who are accustomed to read the magazine in their childhood are likely to continue reading the magazine in their adulthood. In addition, they may even attract their own children to reading the magazine since the magazine’s design for kids attracts children. If parents purchase the magazine for children and if children see their parents reading the magazine on the regular basis, they may also grow interested in the magazine and become attracted to it.Cover Magazine has a stable structure and covers key areas that contribute to the creation of the specific lifestyle of people (Barringer, 1999). The monthly issue includes normally the following elements: Latest within fashion and art; Music, Food, Literature Tips; Beauty Lifestyle; Travel; Interview; and this structure and style are maintained steadily for years. The stable structure contributes to the high quality internal design of the magazine because editors and contributors of the magazine know perfectly what customers expect from them and t hey know what to deliver to customers to meet their needs and expectations. At the same time, the current structure of the magazine is truly universal because it contributes to the development of effective approaches to the magazine design and helps to create the specific lifestyle that readers can trace throughout every story and part of the magazine. In such a way, the magazine contributes to the formation of the target lifestyle and attracts the audience due to the distinct and authentic lifestyle which is the distinct feature of Cover Magazine.Essay on Design Management Practice and Theory part 2

Wednesday, March 4, 2020

Shakespeare Sonnet 2 - Analysis

Shakespeare Sonnet 2 - Analysis Shakespeare’s Sonnet 2: When Forty Winters Shall Besiege Thy Brow is interesting because it further expresses his desire for the subject of his poem to breed. This theme is introduced in Sonnet 1 and continues through to poem 17. The poem advises the fair youth that when he is old and looks withered and terrible he can, at least, point to his son and say that he has passed on his beauty to him. However, if he does not breed, he will have to live with the shame of simply looking old and withered. In short, a child would compensate for the ravages of aging. Through metaphor, the poem suggests that you can live your life through your child if necessary. The child would provide evidence that he was once beautiful and worthy of praise. The full text of the sonnet can be read here:  Sonnet 2. Sonnet 2: Facts Sequence:  Second sonnet in the  Fair Youth Sonnets.Key Themes:  Old age, procreation, a child providing evidence of one’s worth, Winter, obsession with the fair youth’s beauty.Style: Written in iambic pentameter and follows the traditional sonnet form. Sonnet 2: Translation When forty winters have passed, you will have aged and become wrinkly. Your youthful looks, so admired as they are now, will be gone. Then if anyone asks you where your beauty lies, where the worth of your youthful, lusty days is evident, you could say: â€Å"Within mine own deep sunken eyes.† But that would be shameful and not praiseworthy if you didn’t have a child to show off and say this is evidence of my beauty and the reason for my aging. The child’s beauty is proof of mine: â€Å"Proving his beauty by succession thine.† The child would be youthful and beautiful when you are old and would remind you of being young and warm-blooded when you are cold. Sonnet 2: Analysis Being forty years old in Shakespeare’s time would likely have been considered to be a â€Å"good old age†, so when forty winters had passed, you would have been considered old. In this sonnet, the poet is giving almost fatherly advice to the fair youth. He does not appear to be interested in the fair youth romantically himself in this poem but is encouraging a heterosexual union. However, the preoccupation with the fair youth and his life choices soon becomes quite overwhelming and obsessive. The sonnet takes a subtly different tack from Sonnet 1 (where he says that if the fair youth does not breed it would be selfish of him and the world would regret it). In this sonnet, the poet suggests that the fair youth would feel shame and would personally regret it himself – perhaps the speaker does so to appeal to the narcissistic side of the fair youth, pointed to in Sonnet 1. Perhaps a narcissist would not care what the world thinks, but would care what he may feel himself in later life?

Sunday, February 16, 2020

Economics of Law Essay Example | Topics and Well Written Essays - 1500 words

Economics of Law - Essay Example Thus they might use an accomplice to watch for police, buy more sophisticated equipment to break into cars more quickly, etc. On the other hand, some potential offenders find that the expected reward from crime is less than the expected cost. Similarly, if the opportunity which knocks at the door of offender which costs his devoted time to criminal activity, potential offenders are likely to reduce their criminal activity. The greater the opportunity, the higher would be the cost, thus we expect the supply of crime to decrease when good jobs in the legitimate sector are plentiful, and to increase when unemployment is high. In fact, several studies have confirmed this theory, by showing that crime rises and falls with the business cycle and the ups and downs of the economy. What about the "demand" side of the market Potential victims can take costly actions such as installing burglar alarms, taking cabs instead of walking in high-crime areas, purchasing defensive firearms, and taking lessons in self-defence. All of these activities might affect the potential victim's chances of being victimised. Although potential victims do not actually "demand" crime, they do demand-and devote considerable resources to trying to achieve-reductions in their chances of being victimised. This is the reason for why they "demand" less crime. However according to Kopcke et al (2004) "Workers react this way even if demand declines temporarily" (Kopcke et al, 2004) refers to the notion that even if the local authorities go on with penalties and punishments, that would not completely deter offenders. Similar is the case when offender does not certain preventive measures, one might argue that the action of potential offenders is similar to a "demand" for more crime. Although private individuals become the victims of crime, a large part of the "market" for crime is handled through the public sector. The public sector takes on a lot of these responsibilities because crime reduction has many attributes of a "public" good. Examples of other public goods are national defence and pollution control. A public good is one in which people who "consume" the good cannot exclude others from consuming. Thus although it might be in everyone's best interest to contribute to a private effort to reduce pollution or to decrease the supply of crime, since those who do not contribute still enjoy the benefits of these efforts, many people will 'free ride' off the expenditures of others. Thus the private marketplace would not supply enough of that good if left to market forces, and the government might be able to make all citizens better off by taxing them and providing the services directly. The "supply" of crime is therefore affected only by 'supply' treatment prog rams like law enforcement; corrections etc. One of the most common methods to study the relationship

Sunday, February 2, 2020

Conceptual Model in Mental Health Nursing Essay

Conceptual Model in Mental Health Nursing - Essay Example For instance, the client is having a difficult time reorienting himself into his Muslim culture. Basically this client needs the service providers to establish a health model that will provide him with more information about his mental health illness and give him clear perspectives concerning the form of treatment that would be best for him. A good percentage of information and research shows that the psychodynamic model would be good for him because it would help him come to accept his situation fully and then would allow for him to be able to cope and be involved in the decision making areas of his treatment process. This would allow him to be able to fulfill his desire of continuing his education as he would be more comprehensive about what his illness entails and what to expect from the mental health care providers with regards to his treatment. Of course this does not mean that he won't require a supportive environment to help with the emotional pressures that he has to face. The utilization of the psychodynamic model can bring a better enlightenment into all of these issues, not just for this client but for the service providers as well. This client suffers from many repressed memories which have led to him developing a mental health illness that is ultimately crippling his ability to c... el is very useful in bringing about awareness within client's, concerning their past circumstances that are either adverse or even positive (Blum 2003). This is done in stages and carries with it a very humanistic appeal which in many ways shelters the client but not to the point of overshadowing their memories that are being brought forth. This model deals with the patient on a very humane and caring basis, recognizing them as human beings who need help and have needs just as anyone else (Gabbard 2004). The main reasoning behind choosing it is this client is already suffering from depression, schizophrenia, delusions, hallucinations, false auditory and visual perceptions and other troubling problems as well. It is believed that the psychodynamic model will allow for the service providers to get to the root causes of the problem and thus facilitate means to assist the client in dealing with these repressed memories and current daily problems as well. The Psychodynamic Model and it's Advantages It has been unquestionably proven that the psychodynamic model is very helpful for the service providers as it helps them in acquiring a firmer understanding of all of the needs of the service user (Smith 2002). For this client in particular this is extremely important as there are a multitude of issues that are taking place which in fact are complicating his illness and treatment process. Furthermore, the psychodynamic approach is far better in assisting this client for many other reasons other than what has been stated as well. While some mental health care models only look at the medical circumstances, the psychodynamic approach looks at socioeconomic and personal causes as being probable reasons why a specific mental breakdown occurs. It also draws upon more

Saturday, January 25, 2020

Swot Analysis Of Company Practices: PayPal

Swot Analysis Of Company Practices: PayPal The online payment systems provider that we have chosen is PayPal. PayPal is an e-commerce business that allows payments and money transfer to be made through the Internet. PayPal serves as an electronic alternative to traditional paper methods such as cheque and money orders. The service allows members to send money without sharing financial information, with the flexibility to pay using their account balances, bank accounts, credit cards or promotional financing. PayPal is an example of a payment intermediary service that facilitates worldwide e-commerce. PayPal is an eBay subsidiary company and is made up of three leading online payment services: the PayPal global payment service, the Payflow Gateway and Bill Me Later. The companys open payment platform, PayPal X, that allows developers to build innovative payment applications on multiple platforms and devices. PayPal performs payment processing for online vendors, auction sites, and other commercial users, for which it charges a fee. It charges transaction fee for receiving money. The fees charged depend on the currency used, the payment option used, the country of the sender, the country of the recipient, the amount sent and the recipients account type. In addition, PayPal is also the preferred way to send secure payments on eBay. With PayPal, customers who have an online account can makes it easy to send money from a variety of sources to a variety of recipients without sharing his or her financial information. Besides that, the recipient never sees their credit card number or their banking information. So, as a buyer, customers can pay for their item online through PayPal. They have the choice of funding their payment with their debit card, credit card, bank account or PayPal balance. Sellers are notified by email of their PayPal payment immediately, and can confidently post the goods to them right away. As a seller, he or she can withdraw those funds to their bank account or use them to send a payment to someone else. If for any reason a refund is required, a seller can quickly and easily send a refund to the buyer directly into their PayPal account. PayPal is the result of a March 2000 merger between Confinity and X.com. Confinity was founded in December 1998 by Max Levchin, Peter Thiel, and Luke Nosek, and Ken Howery, initially as a Palm Pilot payments and cryptography company. Both Confinity and X.com launched their websites in late 1999. X.com was founded by Elon Musk in March 1999, initially as an Internet financial services company. Both companies were located on University Avenue in Palo Alto. Confinitys website was initially focused on reconciling beamed payments from Palm Pilots with email payments as a feature and X.coms website primarily featured financial services with email payments as a feature. In October 2002, PayPal was acquired by eBay. PayPal had previously been the payment method of choice by more than fifty percent of eBay users, and the service competed with eBays subsidiary Billpoint, eBay has since phased out its Billpoint service in favor of retaining the PayPal brand. Currently, PayPal operates in 190 markets, and it manages over 223 million accounts, more than 73 million of them active. PayPal allows customers to send, receive, and hold funds in 19 currencies worldwide. These currencies are the Australian dollar, Brazilian real, Canadian dollar, Euro, pound sterling, Japanese yen, and others. PayPal operates locally 13 countries, residents in 194 markets can use PayPal in their local markets to send money online. SWOT Analysis of company practices Strengths The strengths of a business are positive elements, something they do well and are under their control. The following we will see the main strengths of the PayPal. The first strength we will talk about is the business alliance of PayPal. Because of social website that has users from all over the world- Facebook has brings the PayPal to manage its payment make PayPal increase more revenue. Facebook find out that 70 percent of its 400 million users live outside the United States, so it can be hard for them to transfer money to the company online. While PayPal has more than 81 million active accounts, it can help Facebook to collect money easily. Having alliances with other strong and popular IT businesses is a major plus point for PayPal as it helps bring in new customers and make business more effective. PayPal appear as the only online global payment system in the world. It is a key to success for PayPal to work hard for it boosts reputation, profit and market share. PayPal has an impressive growth from year to year. It has around 70 million active users in 2008 and it is 23% more than 2007. PayPal operates in 190 markets, 17 local languages, and transacts in 19 currencies and it operates with 27 global financial networks and 15,000 local banks around the world. No other companies have this advanced system except the market leader- PayPal. It has a high percentage of the market share, meaning it is ahead of many competitors. Competitive pricing is a vital element of PayPals overall success. With the cost effective payment system online such as the Pay as you go system that allow customers pay only if they are making money online unless they are using more advanced options. Such pricing keep PayPal above its rivals. PayPal need you just simply pay a percentage of the payments received, typically between 1.4 and 3.4% plus a fixed amount of 20p per transaction. And it is totally free to set-up a PayPal account for your business with no hidden start-up costs or yearly subscription fees. It is often the case that a potential customer may not heard of your business, but they certainly have seen or heard of PayPal before. PayPal logo can be easily seen by the users of internet because it appears in almost every auction website and even in many website that provide services as the payment method. They are therefore more likely to consider purchasing from your website as they some more do not have to give their financial details if use PayPal. A strong brand is an essential strength of PayPal as it is recognized and respected. Now the system has 100 million satisfied users worldwide and more websites use PayPal than any other payment gateway. The other strength of PayPal is convenience it brings to the public. PayPal website and payment service is user friendly. It is easy and simple to use, even for those who have no or little experience in selling or buying online. PayPal main focus is on the ease of use for both receivers and senders of cash. It also uses its securing system to help protects consumers personal information, and provides payments to merchants without ever providing your personal financial information. Merchants will not get the credit card information of the consumers, it decreasing the chance of breaching personal information. The ability to accept online payments typically only afforded to larger businesses with traditional credit card services but with the appeal of PayPal, it offers merchants, specifically smaller businesses can afford online payments. In essence, PayPal provide a per-to-peer payment channel by acts as a mediator between consumers and merchants. Weakness The first weakness of PayPal is the weak system of it. Currently, PayPal is not using a database-driven ordering system. For most of the online merchants with 25 to 500,000 products for sale online set up a spreadsheet or database that contains their product information by using specialized software. They make changes to the database on a desktop computer, such as price increases, inventory on hand, adding or deleting a product, altering color choices, initiating special sales, etc. These changes then will replace the older product database and show up the new product database on the website. But the PayPal system stores the order buttons of customers in an online database of sorts, but customers can only access it by using the web interface. It works quite smooth if customers only making one or two changes. But if customers have a lot of products, they forced to make the changes constantly. It will cause customers waste too much time while the time is most conscious for business. The other weakness is the bad communication between PayPal and its customer. The complaining system and the customer service at the PayPal website are too ineffective. Many complaints from time to time claim that PayPal has shut down a customers account arbitrarily and wont listen to any reason. But its not hard to know that PayPal works very hard to keep its system secure and fraud-free. When it finds out customers doing things that skid along the edge of its policies, it may shut them down arbitrarily. As PayPal is act in such way for good reasons, it should try to communicate with customers and let them know more about their action like send e-mail or phone call them so the misunderstand can be decrease. The limited flexibility of the PayPal system is due to its inflexible Hosted Ordering Interface. It provides an inflexible ordering interface that can be confusing to shoppers. PayPal allow customers to customize the interface a bit by adding their logo, selecting background colors, and border styles but customers ability to customize the order page is only in cosmetic ways. PayPal does not have an ordering system with open code that a programmer can manipulate to suit customers particular e-commerce needs. Some of the strongest conversion rate gains can be made by testing and streamlining an order interface in this way. Thats the reason why the PayPals order interface is clunky and can be confusing. Opportunities Acquisition is one of the opportunities for PayPal as it can bring more customers to PayPal especially with company that also run IT business. eBay announce that it will phase out its own competing service to PayPal that is eBay Payments by Billpoint and has acquire online payments company PayPal in a deal valued at $1.5 billion. This is very beneficial to PayPal as bulk of its business comes from eBay auctions. This event sure will result in improving PayPals profit, market share and reputation. Innovation of new technology can be defined as an opportunity to the PayPal. PayPal has reached an agreement with USAA Federal Savings Bank (USAA Bank) that will allow it to start developing a person to person payment solution for USAA members. This payment solution is something that USAA Bank plans to deliver in 2011. In future, USAAs members will be able to pay almost anyone with an e-mail address or mobile phone number, in real-time, and directly from their mobile phone. By keep working hard to provide more innovative product to the public, PayPal can gain more and more potential customer. Another example we can see is by releasing new APIs (Application Programming Interfaces), PayPal is challenging the developer community to change the way we pay through innovation and new technologies. As the only open global payment platform, PayPal is unlocking the door to an unparalleled business proposition to developers that is create new, innovative ways to pay and get paid. And, the globa l payments market represents a $30 trillion opportunity according to a recent McKinsey report. Furthermore, the efforts of PayPal on product and services expansion have upgraded its own mainframe system to every corner of the world. To show its efforts in product and services expansion, PayPal has expanded its micropayments pricing, available to any member with a PayPal Business or Premier account. Micropayments fees for US dollar transactions are 5% + 5 cents per transaction. When compared to PayPals standard fees (2.9% + 30 cents), the micropayments rate can save money for merchants whose average selling price is below $12. Although micropayments is not new to PayPal, but this micropayments pricing was previously available only to account holders in select countries. With this expansion, PayPal are making it available to any PayPal Business or Premier account holder worldwide using any of PayPals 19 supported currencies. In addition, this micropayments pricing can be used with any of PayPals payment products including Website Payments Standard, Website Payments Pro and for e Bay sellers. The massive power of the Web can be recognized in its global effect on commerce. A global commerce for business exchange known as PayPal has been required because this medium is so strong worldwide. PayPal is recognized as an actual commerce with value around the world, and it makes someone in Europe can purchase a product from the United States while the neither party without PayPal has to struggle with the transfer of money options or exchange rates. The creation of a global commerce exchange system at a local consumer level makes this result happen. Threats The actions of a competitor could be a major threat against PayPal, for instance, if they bring in new technology or increase their workforce to meet demand. PayPal has several competitors such as eMoney Mail, Ecount and payMe. eMoney Mail provide delivers payments faster than the competition and its additional security ensures money doesnt end up in the wrong hands. Ecount lets customers specify the day they want money to arrive and provides payees with an online account to spend money on the Web, and it provide 24/7 toll-free customer support too. payMe deposits money in credit card and checking the accounts and it do not limit to the amount you can send overall. Both of the competitors try to give their best services, if PayPal do not work hard and efficient enough, it will lose its market share and reputation. Price wars between competitors that occur due to competitor keep invent new technology could damage profits for PayPal. As in year2006, Google plans to use Checkout, a service released in June that lets users buy items from multiple stores using a single account. Its purpose is to generate commissions and encourage more merchants to buy advertisements. At that time, the PayPal payment unit was EBays fastest-growing business in the third quarter. PayPals revenue climbed 41% to $350 million, outpacing a gain of 22% in auction revenue to $1.02 billion. Google Checkout wants to attract customers and therefore make charges a 2% commission and a 20-cent fee per purchase. While PayPal, which EBay acquired in 2002, charges a 30-cent rate, plus transaction fees of 1.9% to 2.9%, depending on the total value of payments processed each month. But in EBays promotion announced, customers receive as much as $20 in cash-back rebates from PayPal when they make online purchases on EBay.com and certain merchant websites in North America. As we all can see, price wars will cut off the profit of the company. PayPal do not invest in the advertising on the internet causes the brand image of PayPal is not very well. So it also has a need to strengthen its brand through the Web. In the image of the public, PayPals brand is closely associated with smaller merchants, low-cost auctions, and P2P money transfer. As a result, some larger firms might not want their brands associated with PayPal brand image. They may think that by this way public could devalue a corporations stronger brand. The fact remains that consumers associate its brand with less expensive, cheaper items even though PayPal is an enormous corporation. In order to solve this problem, PayPal should look to network with larger companies through the possible branding of a service associated with corporations. Furthermore, PayPal has the ability to introduce and market a new brand, such as CorpXchange or CorpCash by promoting the same services but without the low-cost auctions associated with PayPal. Porters Five forces of company practices The threat of the entry of new competitors Nowadays, barriers to entry of e-commerce business is low because of anything that internet technology eliminates or makes easier to do reduces the barriers to entry such as in the need for a sales force, access to channels and physical assets. Besides that, internet applications are difficult to keep proprietary from new entrants. This lead to a flood of new entrants has come into many industries, and one of the industries is e-commerce business. There are many new companies which provide similar services as PayPal such as Billpoint, Citibanks c2it, whose service was closed in late 2003, Yahoo!s PayDirect, whose service was closed in late 2004, and BidPay, which was shut down in 2006. However, there are still some new and former competitors such as Google Checkout, Wirecard, Moneybookers, The InstantPay (launching Jan 2011), 2Checkout.com, CCNow and Kagi still remain in business. But this does not affects PayPals revenue as it has impressive growth throughout many years. In 2008, it s revenue is US$ 60 billion, which increased 27% compared to the previous year, and US$ 71 billion in 2009, an increase of 19% over the previous year. During the early year of PayPal, there are lesser competitors, which means PayPal has a bigger market shares and this lead to more customers are using PayPal for their services. As time goes on, internet technology has grown more advance and this makes internet applications are very easy and attract more new entrants. New entrants join the market make the market shares of PayPal is getting smaller. This is because customers have more choices when choosing a right online payment service provider to process their payment. Besides that, some of the competitors got better offer than PayPal, such as cheaper charges and safer transaction process. This leads to the decrease of customers loyalty to PayPal and becoming a threat to the company. Google Checkout is one of the new entrant and main competitors with PayPal. It is an online payment processing service provided by Google aimed at simplifying the process of paying for online purchases on 28 June 2006. Users store their credit or debit card and shipping information in their Google Account, so that they can purchase anything at participating stores at the click of a button. It also offers fraud protection, as well a unified page for tracking purchases and their status. It also provide service with lower cost compared to PayPal. Unlike who only provide fraud protection for sales of more than $50, Google Checkout provide 100% fraud protection and 100% refund, but users must report it within 60 days. All these has make Google Checkout to become a threat to PayPal. Another new entrant is Wirecard AG, a global financial services and technology company founded in 1999. In November 2006, Wirecard has launched an internet payment service called Wirecard. By registering online, consumer can opens an account at Wirecard Bank which he can load by cash, cards, direct debit, wire transfer or various local payment schemes. The service includes a free virtual prepaid MasterCard for consumers that can be used to pay at millions of MasterCard locations worldwide. Apart from standard MasterCard products, the Wirecard system also let users to send each other money in real-time. There is also optional physical MasterCard enables users to pay at 24.7 million MasterCard brickmortar acceptance points and to withdraw cash at nearly 1 million ATMs worldwide. People may consider to use Wirecard because it is operated by a true bank. Unlike PayPal, Wirecard cannot simply freeze or limit customers accounts without a reasonable explanations. It may get suit by customer s. Therefore, PayPal should start to consider not to be just protecting its own interest, but protect its customers interest as well so it would not lose its customers. PayPal has some solutions to overcome the threat of losing customers loyalty to the company. One of the solution is PayPal has acquired a company named Fraud Sciences, which is expert in online risk tools to enhance eBay and PayPals proprietary fraud management systems and accelerate the development of improved fraud detection tools. On the other hand. eBay, as the parent company to PayPal, has added Google Checkout to its banned payment methods list to prevent eBay users from using Google Checkout. With this way, PayPals competitors will become lesser, thus the market share of the company will become bigger and also secure the customers loyalty to PayPal. The intensity of competitive rivalry As internet technology become more advance from time to time, it reduces the differences among competitors as offerings are difficult to keep proprietary. Therefore, PayPal used the alliance strategy to get larger percentage of market shares than other competitors. For example, on 18 Feb 2010, Facebook announced a partnership with PayPal in which users can now pay for their Facebook Credits by using the payment provider. Facebook had test other payment solution before making decision to have a partnership with PayPal, however the ability to pay for the virtual transactions through PayPal is great considering they have more than 81 million accounts. this prove that PayPal is good enough to handle massive amount of online transactions. Thus the company is intensifying pressures to other rivals as this partnership give many benefits to PayPal its market shares are getting bigger. PayPal also intensify pressure on its mobile payment service rivals too. Obopay is the company founded in 2005 that provide mobile payment service in United States. It is a service that allows the transfer of money between mobile phones. After a customer creates an Obopay account, they can add money from a credit card, debit card, or a bank transfer. This make people a lot easier because most of the people will carry a hand phone with them. However, PayPal announced its inclusion in Sprint Nextels MyMoneyManager suite of mobile financial services in 2008. It is the innovation strategy that it used to attract new customers and provide a wider range of services to its former customers too. PayPal and partner mFoundry are on deck to provide banking services for Sprint, making it the first major operator in United States to have mobile money transfers between subscribers. Its fee is also cheaper than Obopay too. By doing this, PayPal has intensified pressure to Obopay and also show its i ntensity of competitive rivalry is very strong. Besides that, internet advance technology also leads to migrates competition to price among competitors. Although PayPal charges and fees for online payment processing are slightly higher than the other competitors, it can still have a lot of loyal customers and new customers using its services. The reason is currently, PayPal operates in 190 markets, and it manages over 223 million accounts, and more than 73 million of the accounts are active. PayPal also allows customers to send, receive, and hold funds in 19 currencies worldwide and it operates with 27 global financial networks and 15,000 local banks around the world. It also operates in 13 countries. The wide range of services provided by PayPal is a better choice than its competitors as none of them can provide such services. Customers with a PayPal accounts can also make payment for many other services and products which make things a lot easier. Customers do not have to open another account for just that particular payment. The threat of substitute products or services This analysis will identify the likelihood that customers to your industry will switch to purchasing an alternative product or use an alternative services from outside your industry. With the advance of internet technology, the proliferation of internet approaches creates new substitutions threat in many industries. There are many alternative apart from online payment providers in the e-commerce market such as, credit card, debit card, checks, money order and e-banking. For local transactions, consumers will use these kinds of traditional methods rather than PayPal. If a person buy a product with credit card, all he need to pay is the price of the product and interest charged by bank. However, if he pay the bank early, he would not be charged with any interest and this method will be cheaper than using PayPal. If a person does not has a credit card, they can use online banking to make their payment as all they need is just a saving account in the particular bank. Besides that, having a saving account at a bank are better than having a PayPal account as there are many complaint from its customers that PayPal freeze its users account arbitrarily and wont listen to any reason. PayPal can freeze its users account easily without giving prior notice because it is not supervise by the bank regulation. Therefore, this will lead to a higher threat to PayPal for its users to change to use other substitute services. There are also many complaint from its users that PayPal security against fraud is not good. Users are easy to get scam or the confidential data are easy to be stolen. To avoid this situation happens, buyers can use money order to make payment as well. money order As for merchants, their substitute service apart from PayPal is merchant account. Merchant account is a type of bank account that allow businesses to accept payments by debit or credit cards. A merchant account also serves as an agreement between a retailer, a merchant bank and payment processor for the settlement of credit card and/or debit card transactions. PayPal charges fees by per transaction, while merchant account is charging fees monthly and fix. Therefore, PayPal usually used by small business merchant as payment processor as the cost is cheaper. While for merchant that have massive transaction, most of them use merchant account as their payment processor because it will be cheaper than using PayPal. The bargaining power of buyers The bargaining power of customers is the ability of customers to put the firm under pressure, which also affects the customers sensitivity to price changes. The advanced internet technology has reduced switching costs of buyers and this makes the buyer would not simply switch to use other companies services. Although the fees charges to PayPal users are more expensive than its competitors, it still does not lower down the fees. This is because of PayPal provides to its users better services than its rivals, such as providing customers to hold up to 19 currencies of different countries so they can make their payment easily. It is the only company that can allows users hold that much currencies and requires high fixed costs to maintain this type of services. Customers that wishes to bargain for lower fees are maybe just a small portion among all the PayPal users too. If PayPal lower down its fee just for such small portion of unsatisfied customers, it may bring huge losses to the compa ny. Therefore, even though some users maybe price sensitive and bargain for a lower fees, PayPal will not make any changes as it would not greatly reduce its profit by losing a small portion of its users. The bargaining power of suppliers For PayPal, its suppliers are the banks and companies that provide financial networks in worldwide. The bargaining power of suppliers is low because with the internet, all companies has equal access to suppliers, and gravitate procurements to standardised products that reduce differentiation among competitors. standardised products or services makes the suppliers cannot charged high prices because there are too many similar products that other suppliers can provide. The banks, which are the suppliers to all online payment providers competing to each others with quality of services and low interest rates. Therefore, PayPal has many choices to choose for which suppliers is best suits with it. However, PayPal try to make deals with most of the local banks so it can have a wider range of services that can attract customers to use PayPal. It will not have to worry about the suppliers that charge excessive high price on unique products or service because if they do so, PayPal can just try to find another suppliers that charge reasonable price. Besides that, suppliers concentration to firm concentration ratio for PayPal is high because of its brand equity is high. Brand equity is brands power that derived from the goodwill and name recognition it has earned over time, and which turns into higher sales volume and higher profit margins against competing brands. PayPals high brand equity will keep attracts customers use PayPal services and this will lead to more services must be provided by the bank to PayPal. Banks will earn more profit by providing more services to it and indirectly makes the bargaining powers of suppliers become low as they need PayPal to generate more profit. Customer Relationship Management Customer Relationship Management (CRM) is a widely-implemented strategy for managing a companys interactions with customers, clients and sales prospects. It includes one-to-one relationship between a customer and a seller which encourage customer participation in product development. CRM create one simple idea Treat different customers differently, which means that different customers are treat based on their different needs and different value to company. Besides that, CRM using information technology strategy aimed at identifying, acquiring, targeting and retaining the best mix of customers. CRM also describes a company-wide business strategy which including customer-interface departments as well as other departments. Furthermore, CRM also helps in understanding customer needs and building relationships with them and by providing the most suitable products with a high level of customer service. It integrates back and front office systems to create a database of customer contracts, purchases, information requested and technical support. This database helps the firm to present a unified face to its customer and improve the quality of the relationship. The primary goal of CRM is to improve long-term growth and profitability through a better understanding of customer behavior. There are 3 phases in which CRM support the relationship between a business and its customers are to acquire, enhance and retain. CRM can help a business acquire new customers through contact management, selling and fulfillment. A web enabled CRM combined with customer service tools offers customers service from a team of sales and service specialists, which offers customers the convenience of one-stop shopping. CRM software and databases enable a business to identify and reward its loyal customers and further develop its targeted marketing and relationship marketing initiatives. For any business to be successful employers need to look into various objectives which are beneficial for the customers. A good customer employee relationship always leads to positive outcomes for the business. CRM is a new introduction in E-commerce and played major rule in the development of e-business specially the CRM stands for customer relationship. It is a strategy used to learn more about customers needs and behaviors in order to develop stronger relationships with them. Good customer relationships are at the heart of business success. A primary objective of CRM is to provide the entire organization with a complete and 360-degree view of the customer, no matter where the information resides. The benefits of adopting CRM processes are develop better communication channels, create detailed profiles of individual customers, increased customer satisfaction, customer service and support and increased revenues of the organization. There are 3 types of CRM which are operational CRM, analytical CRM and collaborative CRM. Operational CRM describes the technology strategy of managing and interacting with customers across channels through client facing applications and integrated channel management. Operational CRM applications are technologies that enable sales force, marketing and customer care automat

Friday, January 17, 2020

Public Relations Campaign American Girl Brand Essay

In a very competitive market, today most organizations are relying on public relations departments to create interest and manage the overall public perception. Publicity determines the people willingness to buy a product, invest in a company, and general interest of the association with the company in question mostly through employment. Companies use public relations to create publicity. The purpose of this paper is to explore ways in which America Girl can use PR to promote the new brand, Graceâ„ ¢ doll. American Girl brands are owned by Mattel, Inc that is registered on the NASDAQ stock exchange. The Mattel family specializes in design and production of toys and family products (Business Wire, 2015). The American Girl brand was introduced in 1986, and has been committed to products that suit girls aged 3 to 12 years such as movies, clothes, high-quality dolls, unforgettable experiences and high-quality dolls. The newest product of the American Girl is an 18-inch â€Å"doll† named Grace Thomas. She is a fanatic baker and also desires to start a baking business. She is motivated to pursue her entrepreneurial spirit. The â€Å"doll† has accessories, toys and outfits that reflect her interests including premium French Bakery set comprised of more than 60 pieces. Mattel Inc plans on producing product Grace Thomas doll for a period of one year, and the purpose of this paper is to create a publicity plan for the new product. Based on both demographic and psychographic informa tion and factors such as age, gender and interests, the target audience for this campaign is girls in the age group 3 to 12 years. The discussion in this paper focuses on reaching the target audience through the most effective means, which are screen media and social media. The target audience also has the influence on the family pocketbook and can influence the spending patterns of their families CITATION Cal08 l 1033 (Calvert, 2008). Goals                     To increase the number of American Girl Facebook followers from 947 likes to 2000 likes, targeting girls aged 3 to 12 within a period of three months To increase the number of American Girl Instagram followers from 830 followers to 2000 followers targeting the girls in the age 3 to 12 years within three months Objectives                     To increase the awareness of the Graceâ„ ¢ doll in the age group 3 to 12 years by 77% within a period of three months To increase the acceptance of the Graceâ„ ¢ by the adult population, especially parents, by 30 % within three months To motivate an action by the target audience specifically to try Graceâ„ ¢ and increase public interest by 25% within three months. The set goals and objectives can be achieved by integrating the services of traditional media. One of the most effective ways of achieving a successful campaign is through production of a pitch in a television show that promotes Graceâ„ ¢. In order to make the pitch successful, it has to be accompanied by a captivating and visually-oriented story. The story has to be pitched by a person who can effectively connect to the target audience. The pitch has to go suit the target audience’s needs, just like they way a TV producer can choose the programs that suit the target audience. The use of pitch can also be applied in the radio stations, where the radio host can help in reaching out to the target audience. Brochures, coupons, and Graceâ„ ¢ flyers are some of the traditional media that can be used in this campaign. The use of can also use direct mailing services to send promotional materials directly to the target audience. Summarily, public relation is a vital part of marketing. The goals and objectives set up in a PR campaign should be achievable. Since a public relations program is cheaper to ramp up than marketing, companies have shifted attention to public relations. A successful PR campaign needs to be unique, and entice the target audience. Traditional media can be integrated with a PR campaign to increase awareness of a product. References Business Wire. (2015). American Girl’s 2015 Girl of the Year â€Å"Bakes† a Difference and Helps Girls Find Their Own Recipe for Success. Retrieved from http://www.businesswire.com/multimedia/home/20150101005003/en/#.VOKyBCyAHK8 Calvert, S. L. (2008). Children as Consumers: Advertising and marketing. The future of children, 18(1), 205-234. Source document