Posts

Image
  How did you learn about your last purchase online and buy it? Chances are you must have found it on social media then purchased it on that same platform. This experience, which we are all too familiar with, is referred to as social commence. So what is social commerce and how is different from your REGULAR  SOCIAL MEDIA MANAGEMENT  process? Social commerce is the direct selling of products on social media. The entire shopping process – from product discovery to the checkout process – takes place on a social media platform. For shoppers, social commerce offers convenience. They can buy what interests them while they go about their usual browsing habits. For businesses, selling on social networks plays on impulse. This results in instant sales. Investopedia’s social commerce definition is that it is “the creation and posting of messages and interactive features that promote online sales and other ecommerce initiatives”. A business engaged in social commerce typica...
Image
What Is Disruptive Technology? Disruptive technology is an innovation that causes major change in the way consumers, businesses and industries operate. A disruptive technology has the potential to replace the existing systems or habits through its attributes that are measurable and superior. In simple terms disruptive technology is a new technology that significantly changes the way an existing market or industry operates. Disruptive technologies are often initially met with resistance from incumbent businesses because they threaten to upend the status quo. However, over time, they can completely transform how an industry functions. Some examples of disruptive technologies include personal computers, online shopping, and ride-sharing apps. Potential of Disruptive Technology The potential of disruptive technology is often underestimated. This is because the technology itself is often misunderstood. Disruptive technology is not necessarily new or groundbreaking. Rather, it is tec...