Preview

Fedex Macroenvironment Study

Powerful Essays
Open Document
Open Document
1608 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Fedex Macroenvironment Study
Cultural Environment
The cultural environment is made up of institutions and other forces that affect society basic values, perceptions, preferences and behaviors.
The internet and World Wide Web are extremely well suited for conducting business electronically on a global basic, Web-based Electronic Commerce(EC) has introduced unprecedented opportunities for the marketing of products and services, accompanied by features, functionality and innovative methods to serve and support consumers. E-commerce has became a major catalyst of the economy and remains a vital growth engine for businesses today, It successful change the consumer behavior. Consumer purchases over the Internet continue to grow from year to year. The survey involving interviews with 42,238 people in 37 countries worldwide revealed that almost a quarter of internet users have shopped online and 15% plan to do so during the next six month. This represents an opportunity for FedEx as a provider of small-package delivery service.
Besides that, in this competitive society, time is important to everyone. People are increasingly using the internet as a time-saving resource. People engage in numerous activities online, such as e-mail, planning trips, online banking and online research for their good purchases, all of which are easily completed online. FedEx can satisfy the consumer requirement of convenience with its sophisticated online service.
In addition to the change in behavior of consumer, many companies or retailers change the sales channel combinations. The greatest impact of the Web-bases electronic revolution has occurred in companies adopting the click-and-mortar approach. Click- and-mortar is one the strategy used by the companies or retailers that they continue to conduct their business in the physical locations and have added the electronic commerce component to their business activities. According to one study, 37% of United States retailers are selling through a combination of the

You May Also Find These Documents Helpful

  • Better Essays

    FedEx is known for their very strategic advantages, their techniques that are highly unmatched and competitive. FedEx’s functional level strategies include customer service, efficiency and productivity. These are their main strategies that must be met at all times. FedEx directs their focus primarily on their business to customer deliveries. They are able to target an online retailer which is the way most people currently shop. FedEx does not have communication barriers and very innovative ideas. FedEx has many competitors, but has surpassed their competition by using those innovative ideas and providing many services to fit the customers need. They were the first company to use electronic means for their orders. FedEx goals are to increase their net income and revenues. They are known to differentiate their services products from others.…

    • 1386 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    The purpose of this paper is review the current market trends and conditions for FedEx. There are numerous ways that a company can become a success or become a failure. The market trends and conditions are just of those reasons. Team A has analyzed the market trends and conditions by reviewing FedEx's operating structure, competitors, the impact of government regulations, price elasticity of demand, along with a supply and demand analysis.…

    • 4943 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    Fedex vs. Ups

    • 2478 Words
    • 10 Pages

    Technological innovations such as COSMOS (Customer, Operations, Service, and Master On-line System) enabled FedEx to achieve important advances in customer ordering, package tracking, and process monitoring.…

    • 2478 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Fedex Case

    • 704 Words
    • 3 Pages

    hen Fred Smith finished that valuable paper which finally got a “C” grade while he was studying at Yale University. An adventure of U.S. air cargo transportation– the story of FedEx Express was beginning. Since it was founding at 1971, FedEx Express choose a high-cost development way that was really uncommon at that time. After Smith established the “Super Hub” at Memphis International Airport, Tennessee in 1973, FedEx Express started overnight operations on April 17th. At the same time, FedEx Express used its actions transferred a “super commitment” to their customers: “When it Absolutely, Positively has to be there overnight!” In 1975 FedEx Express installed its first drop box. That means customers can just drop off packages without going to a local branch. Then in 1981, the first international operations started with the service to Canada. The FedEx continue promised: “Absolutely, Positively Anytime.” In 1994, FedEx Express launched Fedex.com as the first transportation web site to offer online package tracking. Until now, the super commitment that FedEx Express gave to all customers – “We live to deliver!” – is really impressed for everybody.…

    • 704 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Ups/Fedex Package Wars

    • 349 Words
    • 2 Pages

    FedEx also has many strengths which keep the company extremely competitive in the industry. FedEx is a very entrepreneurial company, fostering creativity and innovative ideas. The fostering of innovation is important in order to differentiate from competitors and offering new and improved services to customers. FedEx is also a first mover in overnight delivery, grabbing a large portion of the market. FedEx also uses their innovative technologies to surpass competitors and differentiate themselves. Furthermore, the strategic alliance with Kinko’s gives FedEx a retail presence, attracting a different customer base with different needs. This partnering expanded the services FedEx offers.…

    • 349 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    There are many different business trends shaping e-commerce today. For one, ecommerce remains the fastest growing form of commerce when compared to physical retain store, services, and entertainment. Another trend is that the online demographics of shoppers broaden to match those of ordinary shoppers. Also, small businesses and entrepreneurs continue to flood through the e-commerce marketplace, often riding on the infrastructures created by industry giants and increasingly taking advantage of cloud-based computing resources. Lastly, pure e-commerce business models are refined further to achieve higher levels of profitability, whereas traditional retail brands use e-commerce to retain their dominant retail positions.…

    • 1925 Words
    • 8 Pages
    Powerful Essays
  • Best Essays

    Culture involves learned and shared behaviours, norms, values, and material objects. It also encompasses what people create to express values, attitudes, and norms. Culture is largely undiscussed by the people who share it. (Beamer and Varner (2008) Culture… (p. 5))…

    • 2867 Words
    • 12 Pages
    Best Essays
  • Good Essays

    Culture is a set of shared attitudes, values, goals, and practices that characterizes an institution, organization or group.…

    • 877 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Transacting goods and services via the Internet, better known as E-tailing is as popular as traditional shopping, and steadily becoming more popular globally; countless options are available to consumers via this method of shopping. Specifically, this method of shopping is increasing in popularity in part to attractive benefits, such as availability, pricing, time savings, and personal exertion. Theses benefits are causing the E-commerce market to become extremely competitive, resulting in retailers giving constant attention to marketing; acquiring new customers and retaining fixtured customers. Analysis of consumer behavior is vital to the existence of electronic retailers because they need to understand the consumers thought processes prior to a customer making a purchase, so the E-retailer can assist them with any needs in regard to purchasing, retuning, and exchanging or inquiring about goods and services.…

    • 1415 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Technology driven markets have features that distinguish them from traditional markets and give firms a new way to think of new opportunities of how businesses can be conducted. Customization, interactivity and global access are just a few characteristics that distinguish the internet from regular stores. Furthermore, transferability of information is very cheap and there are real time transactions that take place. These advancements in technology have a direct impact on businesses making them competitive not only in the existing marketplace but across multiple networks. To distinguish themselves from one another, firms now…

    • 2839 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    The UK, as one of the countries with the highest percentage of Internet users, is developing rapidly in Internet connections. It has been forecasted that Internet connectivity could reach 80 per cent of households by 2010 (Damesick, 2001). At the same time, online shopping in the UK is also becoming one of the hottest trends in retailing today (CACI, 2000). On the other hand, the exponential increases in online shopping and the fast rate of growth in the number of retailers selling online have created an extremely competitive marketplace.…

    • 10241 Words
    • 41 Pages
    Powerful Essays
  • Good Essays

    Bernstein, Song and Zheng (2008) stated the adoption of Click-to-Mortar typically increases the efficiency by lower the operating costs and price costs. By offering products at a lower price than physical shop, it will create value for the customer. Also, by entering Click-and-Mortar commerce, the business owner has the opportunity to alliance the existing shop and expand the business by increasing sales from online. Zhuang and Lederer (2008) also stated that a Pure-Play firm will eventually fail if the strategy of the company is not correct. Therefore, many companies out there chose Click-to-Mortar which sells products electronically and physically at the shop. By selling products online, it can save costs on advertising marketing which creates brand awareness and recognition to the customer without spending costly advertisement fees. By saving the operational costs, the company can offer products at a cheaper price and compete with competitors. Also, Click-to-Mortar helps the company save costs and reduce paper-based expenses and led to more sales from the online platform and physical…

    • 796 Words
    • 4 Pages
    Good Essays
  • Good Essays

    SOCIAL SCIENCE

    • 836 Words
    • 4 Pages

    Culture consists of the beliefs, behaviors, objects, and other characteristics common to the members of a particular group or society. Through culture, people and groups define themselves, conform to society's shared values, and contribute to society. Thus, culture includes many societal aspects: language, customs, values, norms, mores, rules, tools, technologies, products, organizations, and institutions. This latter term institution refers to clusters of rules and cultural meanings associated with specific social activities. Common institutions are the family, education, religion, work, and health care.…

    • 836 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Macro Environment

    • 259 Words
    • 2 Pages

    Macro environments relates to the larger forces that have an impact on society as a whole and not just on one or a few organizations. A single organization cannot usually have a significant impact on these forces and therefore can only adapt its marketing mix to account for the opportunities and threats that arise.…

    • 259 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Study on E Shopping

    • 1722 Words
    • 7 Pages

    Internet provides a marketplace where buyers & sellers conduct transactions directly, interactively & is real time beyond the physical limitations.“E-marketers” i.e. Electronic Marketers can and do develop their marketing plans and strategies by studying the various factors influencing consumer behavior of the “virtual” consumer.The internet has evolved as an important marketing medium & is now becoming an integral part of a multi-channel strategy 1for almost all the business firms in India.The trend is almost same in India too despite the lower investment in B2C online shopping technology.In the immediate future, the B2C firms in India are expected to reverse the low-tech spending trend to refresh their e-Commerce platforms.Indian consumers are much more cautious about shopping online as compared to the West. They are reluctant to divulge credit card details. The cash on delivery service has helped a lot to of traditional consumers turn to online shopping.Also, the increasing access to internet, more iPads, Smart Phones, sophisticated technology that gives 3D view of products, time poor consumers, increasing cost of real estate, will all lead to a shift to a digital commerce.The total Internet user base in India (inclusive of shared devices & mobile) is at 124 million users in the month of July 2012. 1 out of…

    • 1722 Words
    • 7 Pages
    Best Essays