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Technological Inventions You Can Write Your Essay About

Here are some of the most amazing technological inventions you can discuss in your essay. Technology has permeated all aspects of human life.

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Technological inventions you can write your essay about

Technology has baffled humanity for centuries. It gets more advanced each year, giving students a rich source of essay ideas. Take a look at a professional technology benefits essay to help you deliver the most captivating paper.

Technology has permeated all aspects of human life. It means that a question on technology can appear in your literature class, math, medicine, sports science, or foreign language, among other study areas. Here are some of the most amazing technological inventions you can discuss in your essay.

1. Social media

Social media platforms like Facebook, Twitter, YouTube, Instagram, and WhatsApp, among others, have taken the world by storm. They have changed how people communicate, interact, and socialize. The platforms have disrupted the traditional communication business model, making them a subject of interest.

All these angles make the study of social media engagement. As a psychologist, you can study how they are affecting mental health. Business and communication students can learn the future of human interactions over social media. For IT students, it is a chance to evaluate the industry’s development process and future expectations.

The rise and fall of different social media platforms is an exciting topic for technology and business historians. For futurists, it is time to look ahead and see what works and what does not work. The mutation of social media platforms into business tools is also worth studying. Social media, therefore, makes an interesting discussion.

2. Cryptocurrency

Cryptocurrency is the latest medium of exchange. It has been received with mixed reactions, leaving developers and enthusiasts confused. Its attempt to replace the traditional currency is also of interest to scholars in finance and international markets.

IT developers should also pay close attention to cryptocurrency. Currently, the technology is only available to a few. How can it get to the last person in the commerce chain? How can countries with limited technology infrastructure use this advanced technology? It is interesting to debate the future of cryptocurrency as a technology and financial transaction platform.

3. Logistics apps

Food delivery, taxi hailing, and shopping are now done on an app. Within a few ticks, you can order an item from another content to be delivered at your doorsteps, thanks to these logistics apps. They are the latest disruption in the marketplace. As a student, take time to study the logistics-app ecosystem and determine how it will affect business in the future.

Logistics apps have helped businesspeople to reach more customers. They are also killing the physical store that has dominated business for years. At the same time, the logistics apps have allowed buyers to access some of the best items worldwide at the click of a button. Such technology is disruptive but is creating a new trading platform and perspective.

4. Space exploration

Space exploration has grown significantly in the last few decades. People are now traveling to space as tourists. You can also use technology to hire experts who write papers for money, guaranteeing the best college experience. What innovations are making travel more accessible, and what future can the world look forward to?

5. Virtual reality

The technology is changing demonstrations besides making dangerous experiments safer to conduct. Experiments are no longer shown in the lab. Technology has allowed people to simulate experiments in a secure environment. Virtual reality also allows virtual tours that come with an equally rewarding experience. Virtual Reality has also teamed with AI to make learning easier, especially during quarantine days.

6. The mobile phone

The mobile phone was invented as a communication gadget. It was meant to call and send messages. Today, the mobile phone has replaced colossal shopping malls, banking halls, and gaming fields.

Thanks to the mobile phone, people do not need to meet as much. You can also complete an entire university degree while studying through the phone. Mobile technology has changed how people do things. It is interesting to see how technology is affecting different aspects of life.

Many more technological innovations are worth studying in your essay. You can also choose nuclear technology, cordless gadgets, and the application of technology in sports. These innovations help you to explore the new dimension of life arising from the use of technology. The new ideas make essay writing interesting and insightful.

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Business

Are Bundle Deals Cost-Effective in Reality?

Are Bundle Deals Cost-Effective in Reality? The Relation between Discounts and Consumer Trends, The Concept of Bundling, Bundle Services

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Are Bundle Deals Cost-Effective in Reality

We as humans love to save money., How much we succeeded at it is a different story altogether. T, that is why we often see huge crowds standing in lines out of stores whenever a heavy discount sale occurs. It is human nature that they pounce on opportunities to feel that there is something extra to be gained.

A, add a time limit on that, and people will go crazy. That is why we see flocks of people on Black Friday, Christmas, and Thanksgiving sales because events like these do not only offer cost savings, but they are available for a minimal time. The fear of missing out is prevalent in the human psyche, and marketers constantly study these consumer patterns to boost sales, invoking specific trigger points of consumers.

1. The Relation between Discounts and Consumer Trends

All this sounds absurd, but scientific studies have also proven that when people wait for such sales and get their desired products from a horde of people fighting for the same thing, it invokes a sense of achievement. This is the natural reward system of our human brain that gets activated when we buy things that we like. This response is immensely amplified when a certain kind of discount or special deal is associated with it. 

Our brain releases dopamine, the same chemical released when we eat something that we like, are in love, or in general, whenever we are happy. This same chemical is also released when you get something out of a deal or a sale, giving a sense of pride and achievement. It might sound funny that you feel rewarded even though you’re not winning anything and you’re paying for it, but that’s how our brains work.

Good teams in big consumer-based organizations make specialized formulated tactics like flash sales and bundle products that attract customers in the name of discounts and limited-time deals. These discounts are offered for several reasons in product-based companies. These discounts are mostly provided on the existing stock to empty the inventory on marginalized prices to fill the new store. This is precisely what big corporations target to trick customers into buying more. 

On the other hand, service-based companies offer bundle deals and discounts to attract new customers and roll out more products in a push to increase revenue and enhance the customer base. It should be noted that a company never compromises on their profit, so these price cuts are offered when a company has reached a specific target revenue and need to push for an extra boost.

2. The Concept of Bundling

There are a lot of techniques to boost sales and drive out more products, and one such tactic is bundling up the service. These bundles are offered in many names like packages, deals, sets, combo, and many other terms, are used, but the underlying fundamentals of marketing remain the same. This is usually done in service-oriented businesses.

However, we see examples of this in the food business, like McDonald’s, KFC, and Burger King that add fries and drink along with their burgers to make a combo or meal. The concept of bundling is to offer different products with reduced pricing in contrast to what they cost separately. This technique is employed mainly by ISPs who bundle their additional services for a slightly lesser price.

Internet service providers mainly offer additional services like cable TV and home phone, among others. T, the concept of bundling is mainly used when a service provider often bundles all these services in a single package and reduces the prices of all three services in the bundle as compared to purchasing them separately at their standalone rates.

This strategy drives their additional services to more consumers, increasing the user base, and helps create a brand value through the expansion of services. On the other end, customers get discounted prices. For example, comparing Spectrum bundle deals for internet, TV, and phone shows that the prices are somewhat reduced when buying a bundle instead of choosing a la carte services.

In the end, this strategy is a win-win situation for both consumers and companies alike. Apart from all this, there are a few more advantages regarding bundles that we will discuss further on.  

3. Why Bundle Services?

Bundling is a great way to get different services. I, it is especially favorable to get these bundles from brands you trust. With the current recession in the market and low buying power, people might not go towards bundling, but this can help them save in the long run if done right. Due to this, we are explaining some benefits customers can achieve through bundling:

4. Everything under One Bill

Everything under One Bill

This is an advantage that most people tend to ignore when considering bundling up the services. Usually, there is a lot of hassle at the start of the month since different bills start piling up for additional services and amounts.

Usually, what happens is that with so much to take care of, people forget the due dates of these bills, which results in a late fee penalty and some cases, complete service disconnection. With bundles, everything usually comes in a single statement so that users can conveniently pay for different services together without any hassle.

5. Cost Saving

They are now coming to the main benefit of bundling, the price. This question is somewhat complicated as bundling saves you some money but not how a regular consumer thinks. Yes, the fees of service drop when bundled instead of when purchased as a standalone product.

But the actual savings come in associated costs. Usually, in the case of internet providers, many other chargers are associated with the service, like installation charges and taxes. This is where a bundle saves you money.

The installation charges of a standalone service and a bundle remain the same, so a user can get all the services included in the bundled installed on a single price instead of paying extra whenever adding services.

On the opposite hand, bundled services’ rates and fees are also reduced in contrast to paying them additionally on each service separately. T, this is how a bundle saves you money.

Conclusion 

We have already established that bundling has some key advantages. Apart from just being a regular marketing gimmick, bundling can help consumers save some bucks. Although this approach might not suit everyone, if you’re interested in getting services and all those services can be achieved in a bundle, we recommend that you go for it.

But make sure that you get bundles from reputable companies, especially for services like the internet and TV, so that you don’t get stuck with the wrong service provider.

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