Question: Collaborative filtering refers to a process that automatically groups people with similar buying intentions, preferences, and behaviors and predicts future purchases. the two-way buyer-seller electronic
Collaborative filtering refers to
| a process that automatically groups people with similar buying intentions, preferences, and behaviors and predicts future purchases. | ||
| the two-way buyer-seller electronic communication in a computer-mediated environment in which the buyer controls the kind and amount of information received from the seller. | ||
| the interactive, Internet-enabled system that allows individual customers to design their own products and services by answering a few questions and choosing from a menu of product or service attributes, prices, and delivery options. | ||
| the consumer-initiated practice of generating content on a marketer's website that is custom-tailored to an individual's specific needs and preferences. | ||
| an Internet-enabled digital environment characterized by face-to-screen exchange relationships and electronic images and offerings. |
Web communities refer to
| online cooperative buying centers that allow individuals to purchase at the same bulk rate as large organizations. | ||
| customers linked by a common Internet service provider. | ||
| virtual reality games that allow players to create their own worlds, countries, towns, etc. | ||
| websites that allow people to congregate online and exchange views on topics of common interest. | ||
| all customers served by a particular firm who are sent regular e-mail sales notifications and coupons from the manufacturer. |
Showrooming refers to
| areas in retail stores where point-of-purchase displays are used to show goods for sale. | ||
| an arrangement whereby a firm reaches different buyers by employing two or more different retail layouts and atmospherics for the same basic product. | ||
| competition among retail firms in different types of businesses but which sell the same product. | ||
| retailers that utilize and integrate a combination of traditional store formats and nonstore formats such as catalogs, television home shopping, and online retailing. | ||
| when shoppers visit a retail store to inspect merchandise, but then purchase that merchandise online, either from the store or one of its competitors. |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
