Running head: RETAINING DATA TECHNOOGY WITH FIRST TECH 1
Retainig Data Technology with First Tech
Khoza Hlelisile
Managing Innovation and Change
Dr Maja Zelihic
15 July 2018
RETAINING DATA TECHNOLOGY WITH FIRST TECH 2
Abstract
The increase in competition between companies has forced many of the organizations to
come up with new programs that promote customer acceptance and enhance their competitive
advantages over others. The success of a company in an overcrowded market segment is majorly
dependent on the innovation that such a firm has adopted which makes its services more
preferable to the clients, thus giving it competitive advantage over its peers. First Tech Limited is
one of the companies that have been faced with such challenges. There is a need for the company
to increase its competitive chances by adopting the use of advanced technology in its online
shopping platform. This involves the adoption on online personalized shopping experience.
Keywords: retaining the data, personalized suggestions, self-determinant system
RETAINING DATA TECHNOLOGY WITH FIRST TECH 3
Products
First Tech is one of the largest retailers in the global online markets. The company deals
with the online and offline sales of all accessories such as electronics, apparels, and furniture.
Each product is posted on the website with their respective prices tagged to them. They are
organized in such a way that a simple keyword on the search space can lead one to the desired
item. Products are also categorized in terms of the popular ones, top brands, lowest prices and
those with the highest approval rates. Through the website of the organization, customers are
able to make purchases after viewing the products and their specifications.
Industry
First Tech has both physical stores and online services. The physical stores have been