Seller's Website Research Articles

Product categorization of Korean rice wine (makgeolli) compared to beer and wine using sensory evaluation methods

AbstractThis study aims to investigate the product categorization and characterization of makgeolli (Korean rice wine [KRW]) among beer and wine samples. Projective mapping with ultra‐flash profiling (PM with UFP) (n = 68) was conducted with 12 alcoholic beverage samples, including wines, beers, and makgeolli, and showed that participants characterized wine based on fruitiness, beer on bitterness, and makgeolli on sourness. s showed that PM with UFP had a combined explained variance of 47.4% with beer, wine, and makgeolli grouped separately. However, when participants were separated based on wine knowledge, low wine knowledge participants placed Shiraz close to makgeolli indicating participants were using a different metric in grouping the alcoholic beverage samples. When participants were tasked with using polarized sensory positioning (n = 91) to characterize makgeolli and wines, participants regardless of wine knowledge showed that wine and makgeolli had unique sensory traits and thus should be categorized differently.Practical ApplicationsResearch on KRW (makgeolli) is relatively limited in Western societies and this study attempts to understand how participants categorize makgeolli in New Zealand among different alcoholic beverages using projective and characterizing methods. Based on the categorization theory, it is important to position the product properly in the food and beverage categories as consumers may use the category cues to evaluate makgeolli and use products such as beer or wine within the same category as price anchors for makgeolli's price in the market. The results showed that participants categorize makgeolli differently compared to wine and beer; therefore, it would be beneficial to position makgeolli separately. Practical applications may include creating a separate section on a restaurant beverage menu, a webpage on an alcoholic beverage seller's website, or a small sub‐section on the retail store shelf. Placing makgeolli in the wine section as previously suggested is not recommended.

ЗАХИСТ ПРАВ СПОЖИВАЧІВ У ЕЛЕКТРОННИХ КОМЕРЦІЙНИХ ОПЕРАЦІЯХ: ПРАВОВІ ЗАСАДИ ТА МЕХАНІЗМИ ЗАСТОСУВАННЯ В УКРАЇНІ

The relevance of the article is due to the fact that in modern conditions, consumers face various types of threats when buying or receiving services via the Internet. In such difficult conditions, the state must ensure the rights of consumers. The purpose of the study is to determine the mechanisms that the state should implement or has implemented to protect consumer rights in the field of electronic commerce in Ukraine. The article analyzes the legal field regulating the protection of consumer rights in the field of electronic commerce, describes and analyzes the mechanisms used by the state to protect consumer rights. Emphasizing that the study of consumer protection mechanisms is very important for improving the quality of life and increasing security in the field of e-commerce. The results of scientific research confirm that the state needs legislative norms regarding the provision of services and the introduction of remote work in the field of electronic commerce, namely: , it is necessary to establish the right to refuse the signing of an electronic contract by the consumer and to reimburse the costs associated with the consumption of low-quality goods or services received through online shopping; legal regulations on returning goods that do not ensure quality, correct description of goods and services presented on the seller's website, etc. Scientific research is of practical importance to law enforcement agencies, as it allows a better understanding of the measures that must be taken to ensure the protection of consumer rights in the field of electronic commerce. Keywords: e-commerce, protection of consumer rights, Internet store, Internet trade, business entity.

An Approach to E-Commerce with Voice Recognition

E-Commerce or Electronic Commerce is process of doing business through computer networks virtually. A person sitting in front of his computer can access all facilities to buy and sell products. E-commerce has reduced human effort by reducing physical work and saving time of the seller and buyer both. The main advantage of E-commerce is that the user can browse online shops and compare prices of products sitting at home in their comfort. The buyer/consumer surfs through the internet to the seller's website and views the products sold by them. There the buyer compares the price and selects items that he/she wants to buy and then proceeds with transaction. Most E-commerce websites are limiting consumer's senses to only viewing. Shopping can be made more convenient if the buyer could communicate with the website just by verbally asking for the product and receiving audio + visuals as a result. Here comes the role of AI powered voice recognition. This is the problem we aim to solve to make the user experience better by combining two very popular technologies that are Reactjs and Alan AI. The power of React makes a website faster. React allows developers to create large web applications that can change data, without re-loading the page. The main purpose of React is to be fast, scalable, and simple. Alan AI is an advanced Voice AI Platform that allows us to add a voice interface to our app without overhead.

HAMBATAN – HAMBATAN DALAM UPAYA PENGEMBANGAN USAHA KECIL DAN MENENGAH (UKM) DENGAN MENGGUNAKAN TEKNOLOGI INFORMASI ( E-COMMERCE ) UNTUK MENINGKATKAN PENJUALAN BIBIT IKAN DI DESA PLOSOBUDEN KEC.DEKET KAB. LAMONGAN

This research focuses the problems on how the business barrier analysis that uses e-commerce for sellers of fish seedlings in the village Buden. The theory used in this study is the Uses and Gratifications theory. Methods of research using qualitative research methods. For retrieval information and data set set 5 informant. The data collection techniques used in this research are structured interviews directly. The results of the study found that fundamental issues were delays in shipping products from sellers. Solution: buyer declares estimated delivery time as well as possible delay in delivery. Item issues do not match buyer expectations. Solution: Photo Promotion of a product, especially fish seed products, it is better to use fish type, packaging, and delivery as promotional photo, because it is more realistic than promotional photos that do not use models. Delivery problems do not match the buyer's address. WORKAROUND: If someone wants to buy an item online, he should learn the full address of the delivery destination first, to avoid sending errors by the buyer. Fraud or item issues are not delivered. Solution: Learn about sales performance online through customer responses usually listed on the online Seller promotion page. Information on the response can be used by online sellers to create a reference to sales and service performance, as much as possible the response was publicly exposed on the seller's website. With the buyer's response, it can indirectly provide information on the reputation of online sellers. The suggestion or feedback in this research is: This research still needs to be done development, therefore for future research on e-commerce need to be studied more about analysis of barriers online business using Website or online store. Then for business people sales of fish seedlings in the village Buden, can examine the results of this research as an alternative learning solution for the improvement of online business, either as a seller, reseller, or buyer.

Applicable law to the arbitration agreement in general conditions of sale available on seller's website: A pro-arbitration approach in the jurisprudence of the Supreme Court of the Federation of Bosnia and Herzegovina

The Supreme Court of the Federation of Bosnia and Herzegovina had to determine the applicable law to the arbitration clause contained in general conditions of sale on seller's website. The sales agreement was concluded orally and the reference to the website with general conditions of sale was made on a pro forma invoice paid by the buyer. The arbitration clause provided for ICC Rules and seat of arbitration in Amsterdam, while French law was chosen to apply to the contract. The buyer, a domestic company from Bosnia and Herzegovina, filed for damages before domestic courts, claiming that the arbitration clause was not consented to, nor was it concluded in written. The Supreme Court of the Federation of Bosnia and Herzegovina issued in the "chicken breed" case in 2019 a pro-arbitration judgment with reference to the New York Convention of 1958 and European Convention on Interna New York Convention of 1958 and European Convention on International Commercial Arbitration of 1961. It is a landmark decision on one of the most difficult questions of applicable law to formal and substantive validity of the arbitration agreement.

Jual Beli on line (E-Commerce) ditinjau dari Perspektif Hukum Islam

AbstrakE-Commerce has a new phenomenon in a trading transation that done by a modern society. Because it’s a new model of transaction, so the istrution law from the moslem scholars has been not founded in any classic fiqh books. Based on the reality, the ulama must to discover its law in Islam pass through ijtihad. The problems which it will be answered pass through this research limited to the following questions: (1) How is implementation of e-commerce? (2) How is implementation of e-commerce perspective of Islamic law? This research is a library research with a normative law research model. It is a research model which purposed to know the relation between arrangements of law and the law norms or the law principels. This research also using comparative approach to seek suitability between the law of e-commerce and fiqh legal maxim. The results of the research there are: (1) The implementation of e-commerce can be explained that consumers choose items to be purchased from the seller's website, then consumers transfer a number of prices to the seller's account and finally the seller sends goods to consumers (2) Based on the fiqh legal maxim, e-commerce is permitted as long as not found some forbidden elements by Islamic law which it incontrary with the Islamic muamalah principels. The conclusion is the implementation of online buying and selling can be explained that consumers choose items to be purchased from the seller's website, then consumers transfer a number of prices to the seller's account and finally the seller sends goods to consumers. As for the review of Islamic law on online buying and selling is permissible as long as there are no elements that are prohibited in Islamic shari'ah which can forbid it and not contradict the principles of muamalah. Keywords: E-Commerce, Islamic Law, Fiqh Legal Maxim, Fiqh Muamalah.

ВПЛИВ ЗОВНІШНЬОГО ВИГЛЯДУ УПАКОВКИ ТОВАРІВ НА ПОВЕДІНКУ ПОКУПЦЯ

The packaging of goods is one of the elements of management in the marketing product policy of the enterprise. It plays an important role in providing the competitiveness of the product. Packing the product influences on the consumer behavior at all the stages consumer decision-making process – at the first glance, which attracts attention to the vivid packaging of the product from the seller's website to its recycled or reused. Marketers at the stage of product packaging development and modification take various decisions regarding its attributes, such as color, shape, aesthetics, ergonomics, informativeness, quality of raw materials for packaging and its safety, durability and methods of using packaging, transportation, its utilization, etc. This determines the relevance of our research. The purpose of the study was to determine the influence of the shape of the package and its color on the behavior of the buyer, the reason for changing behavior due to consumption of goods with a certain shape and color of the package. Based on the generalized scientific concepts of packaging influence on consumer behavior, its shape and color, on the example of several well-known brands, the influence of packaging cosmetic products on the behavior of consumers is shown, namely, how packaging determines the demand for products depending on the age, consumer's attitude of life style. The article shows how the shape and color of packaging determine the psycho-emotional state of the consumer, his desire for life, tastes and preferences. Such information is valuable to marketers when defining the target audience of a brand, developing new packaging, and identifying sources for increasing the consumer value of a product. Not only high-quality packaging values in terms of storage, transportation, informing, etc. but above all, its attractiveness combined with harmonious geometric shapes can enhance the competitiveness of the product on the market.

When Machines Read the Web: Market Efficiency and Costly Information Acquisition at the Intraday Level

We investigate the efficient market hypothesis at the intraday level by analyzing market reactions to negative tweets and reports published on the Internet by an activist short seller. Conducting event studies, we find that fast-moving traders can generate small, albeit significant, abnormal profit by trading on public information published on social media. The market reaction to tweets is stronger when a company is mentioned for the first time on Twitter, showing that investors can disentangle new information from noise in real time. We also find that traders who manage to identify the information on the short seller's website before the dissemination of the same news on Twitter can generate much greater abnormal returns. As acquiring information on a website is more costly and difficult than acquiring the same information on Twitter, our findings provide empirical evidence supporting the Grossman–Stiglitz paradox at the intraday level. Very short-lived market anomalies do exist in the stock market to compensate investors who spent time and money in setting up bots and algorithms to trade on new information before the crowd.

Online Consumer Review: Word-of-Mouth as a New Element of Marketing Communication Mix

As a new type of word-of-mouth information, online consumer product review is an emerging market phenomenon that is playing an increasingly important role in consumers' purchase decisions. This paper argues that online consumer review, a type of product information created by users based on personal usage experience, can serve as a new element in the marketing communications mix and work as free “sales assistants” to help consumers identify the products that best match their idiosyncratic usage conditions. This paper develops a normative model to address several important strategic issues related to consumer reviews. First, we show when and how the seller should adjust its own marketing communication strategy in response to consumer reviews. Our results reveal that if the review information is sufficiently informative, the two types of product information, i.e., the seller-created product attribute information and buyer-created review information, will interact with each other. For example, when the product cost is low and/or there are sufficient expert (more sophisticated) product users, the two types of information are complements, and the seller's best response is to increase the amount of product attribute information conveyed via its marketing communications after the reviews become available. However, when the product cost is high and there are sufficient novice (less sophisticated) product users, the two types of information are substitutes, and the seller's best response is to reduce the amount of product attribute information it offers, even if it is cost-free to provide such information. We also derive precise conditions under which the seller can increase its profit by adopting a proactive strategy, i.e., adjusting its marketing strategies even before consumer reviews become available. Second, we identify product/market conditions under which the seller benefits from facilitating such buyer-created information (e.g., by allowing consumers to post user-based product reviews on the seller's website). Finally, we illustrate the importance of the timing of the introduction of consumer reviews available as a strategic variable and show that delaying the availability of consumer reviews for a given product can be beneficial if the number of expert (more sophisticated) product users is relatively large and cost of the product is low.