...Juul Moller: The Internet Impact Consumer Behaviour Friday, February 5, 2016 Table of Contents Introduction 4 Situation Analysis 4 SWOT Analysis 4 Strengths 4 Weaknesses 5 Opportunities 5 Threats 6 Assumptions & Missing Information 6 Problem Statement 7 Development & Evaluation of Alternatives 7 Alternatives 7 Alternative One: Build an e-Commerce platform 7 Pros 8 Cons 8 Alternative Two: Strategic Partnership with NSM 9 Pros 10 Cons 10 Alternative Three: e-Textbook Options 11 Pros 12 Cons 12 Alternative Four: Client Focused Strategy 12 Pros 13 Cons 13 Alternatives Matrix 14 Index 14 Conclusion 15 Solution Objectives 15 Recommendation 15 Build an e-Commerce platform 15 Strategic Partnership with NSM 16 Client-focused strategy 16 References 18 Introduction Dag Juul Moller is the owner and president of Juul Moller Bokhandel, a bookstore located in Norway. Dag speaks to Dagfinn Nettland, a master of management student at the Norwegian School of Management. Dagfinn was enrolled in a course that required students to take an existing company and analyze how it could use the internet as a sales channel and source of information. Dag was interested in the fact that the required textbooks weren’t available until several weeks into the course. Some students purchased their books using Amazon.com, others resorted to using other bookstore websites. Some students had purchased other products through the internet with...
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...The Advantage of Wireless Systems Learning Team C University of Phoenix BIS/220 Mark Kolesinsky August 1, 2013 The Advantages of Wireless Systems As Party Plates continues to expand, technology must remain a major focus of our growth. While transitioning from Excel to a relational database such as Access will allow our employees to perform their tasks more efficiently and enjoy a greater level of communication, there are other wireless technologies available which can increase both efficiency and communication even further. These wireless technologies and the increased efficiency and production will allow even greater levels of production from our employees and eventually higher profits, in addition to the cost savings which are provided by other features of these technologies. Wireless Local Area Networks The first wireless technology that Party Plates should make use of is a wireless Local Area Network (WLAN). A WLAN would allow Party Plates the benefits of our current Local Area Network (LAN), but also allow several other benefits that we don’t receive from a LAN. With a LAN, an employee must be present at a computer that is connected by cable to the network, along with each printer. With a WLAN, employees could bring their laptops to work and log into the WLAN. Or, since smart technologies are growing rapidly, employees can even access the WLAN on their phones or tablets. This will result in no longer requiring workstations for employees, and instead cause a more free...
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...Business Proposal Sheldon Hensley BIS/220 March 19, 2012 Ross Sines Business Proposal Rock Bottom Records A Business Proposal to Add E-Commerce to the Company Prepared for Rock Bottom Records Prepared by Sheldon Hensley March 19, 2012 Table of Contents Executive Summary 4 Introduction 5 Background 5 Proposed Action 5 Cost Table 8 Executive Summary Doing business in today’s economic structure is not the same as it was 20 years ago. The induction of e-commerce and e-business to economic infrastructure, traditional brick and mortar businesses are finding it difficult to compete with more streamlined businesses that are outsourcing their products and services via the Internet. Streamlining Rock Bottom Records by adding a relational database management system (RDMS) and a website will increase productivity and cost savings by reducing the amount of time it takes for analyzing productivity, ordering and shipping, financial, and payroll. Adding a website with a RDMS and offering digital music downloads the company will be able to compete with other companies worldwide. The most popular affordable RDMS’s that are in use today are Microsoft Access that comes with Microsoft Office (Professional) is popular with most small businesses ("Microsoft Access Database: The Pros With Less Cons When Using Microsoft Access As Your Database", n.d.)., PostgreSQL which runs on multiple operating systems and is an open source database...
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...Starting an E Commerce Online Business Keller Graduate School of Management Managerial Applications of Information Technology 11/12/2011 [Type the fax number] Jamie Lynch You want to start an E commerce business selling your products and services online but how to get started? Milestone 1 Problem: The business problem to be solved is how can an entrepreneur start and maintain a successful E commerce business online? Background: The first key to starting a successful online business is to first understand ecommerce and how it operates. Most people understand that ecommerce or electronic commerce refers to the buying and selling of products or services over electronic systems such as the Internet and other computer networks. However, it stretches beyond just the buying and selling of goods; it also includes an online process of developing, marketing, selling, delivering, servicing and paying for products and services. “The use of commerce is conducted in this way, spurring and drawing on innovations in electronic funds transfer, supply chain management, internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web at least at one point in the transaction's life-cycle, although it may encompass a wider range of technologies such as e-mail, mobile devices and telephones as well”. (Electronic Commerce, modified...
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...E-Commerce A Brief Examination of a Popular Electronic Information Technology The purpose of this assignment is to “demonstrate an understanding of information systems, define and display how information technology may be used strategically in organizations.” The following discussion specifically focuses on the electronic business of E-Commerce and identifies how this industry uses information technology to compete, provide goods/services and offer innovative trends within the consumer market place. Characterizing Commerce Commerce is generally defined as “a division of trade or production which deals with the exchange of good and services from a producer to the consumer.” It also encompasses the “trading of information and funds or other entities” that maintain economic value. Characterizing E-Commerce E-Commerce is commonly referred to as “electronic marketing.” It consists of buying, selling or the exchange of goods and services over an electronic medium such as the internet or other computer based networks where a transaction or “terms of sale” are performed electronically. E-Commerce Popularity Since the advent of the internet and the potential uses information technology brought to the business environment, nearly all main stream commerce related industries discovered an opportunity to establish a presence in the electronic marketing environment due to the low entry cost and reductions in transaction expenses that provided increasing...
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...in sales and I will be writing about my sales jobs for 2 companies that I worked for. I will also be writing about the pros and cons of being a door to door salesman or a telephone salesman. The first sales job I had was for a company that sells a wide array of products. You often would sell flashlights to toy trucks to pocket knives. They would give us a box full of merchandise and they would set up in a street that has heavy foot traffic and we would go to work by selling our merchandise to the people who we were able to stop and get their attention. This often took some skills so I opened them by saying a joke and it would go something like hello mam or sir you dropped your pockets then I would say just kidding then I would begin my pitch to sell them my item which was a toy truck. It was Christmas time when we were doing this so people were eager to buy. Their business model was for every 10 people you ask, at least one person would say yes to you as you make a sale. The way that you got paid was similar to that of a pyramid scheme and I was making pretty decent money. As the holidays were over I quit the job because it became harder to sell random products on the street to people. The second sales job I had was for a company called commerce energy. I was a core transport agent and my job was to convert people’s gas service from pg&e to commerce energy and the way I did...
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...E commerce The purpose of this assignment is to “demonstrate an understanding of information systems, define and display how information technology may be used strategically in organizations.” The following discussion specifically focuses on the electronic business of E-Commerce and identifies how this industry uses information technology to compete, provide goods/services and offer innovative trends within the consumer market place. Characterizing Commerce Commerce is generally defined as “a division of trade or production which deals with the exchange of good and services from a producer to the consumer.” It also encompasses the “trading of information and funds or other entities” that maintain economic value. Characterizing E-Commerce E-Commerce is commonly referred to as “electronic marketing.” It consists of buying, selling or the exchange of goods and services over an electronic medium such as the internet or other computer based networks where a transaction or “terms of sale” are performed electronically. E-Commerce Popularity Since the advent of the internet and the potential uses information technology brought to the business environment, nearly all main stream commerce related industries discovered an opportunity to establish a presence in the electronic marketing environment due to the low entry cost and reductions in transaction expenses that provided increasing access to a “global” market place, which could also maintain and secure...
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...waterfall methodology (http://agileintro.wordpress.com/2008/01/04/waterfall-vs-agile-methodology/). •Understanding the pros and cons of the waterfall model of software development. Retrieved from TechRepublic Website (http://www.techrepublic.com/article/understanding-the-pros-and-cons-of-the-waterfall-model-of-software-development/6118423). •Transitioning from waterfall to iterative development. Retrieved from IBM DeveloperWorks Website (http://www.ibm.com/developerworks/rational/library/4243.html). Agile approach to project management has become more and more popular in recent years. Agile framework is different from traditional waterfall model. It has considerable impact on how projects are planned and executed. Imagine that you have been assigned as a project manager to manage your company’s e-Commerce Website where customers can browse the company’s products, place orders, and interact with the company’s customer service representatives. Your project must be completed in three (3) months and you have about twelve (12) people in the team. There are three (3) offshore developers in Ireland and two QA testers in Dallas, TX. The rest of the project team and the product owner are in San Diego, CA. Write a five to six (5-6) page paper in which you: 1.Compare and contrast agile and Waterfall models of managing a project in the context of building an e-Commerce Website. Include diagrams or tables through the use of graphical tools in Microsoft Word or Visio, or an open source alternative...
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...available software in which firms can base m-commerce systems, in this particular case study we the MobiKash Afrika. MobiKash Afrika hopes to change this by empowering people in Africa with a secure and independent mobile commerce system that is easy to use. As with any company they have standards which include but are not limited to; the service must be independent of specific mobile telephone operators, the service must not require smartphones or high end feature phones. In essence they want anyone and everyone with a phone in Africa to use their service. In order to give this service, they already the MobiKash system is based on Sybase 365 mCommerce software, an independent software apart from their company. Many questions arise from the fact that they are renting an available software. Is it in fact better for companies to use other software available on the market or to create the software themselves and create the code and house the servers. The answer in the end like many broad questions such as this is, it depends. It depends on the usage the company will give it and the company itself. In this case we have MobiKash, an African based company who most has the vision to give this service to many countries but doesn’t have the software and or capital investment needed to create such software. For them it would be more useful to use and outsource this software. As with many scenarios in real life it is always a good idea to do a Pros and Cons list or a SWOT analysis (Strengths, weaknesses...
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...E-Business Kathleen Wood ACC/370 June 22, 2015 Mike Raponi E-Business The intent of this paper is to examine the advantages and disadvantages of E-Business. We will also look into one particular business and see what if anything E-Business has done for them. What is E-Business? E-Business or E- Commerce is quite simply using the Internet and information technology to do business. The main purpose in doing this is to increase sales and profitability for the company. There are both advantages to doing E-Business, although as this paper will show, far outweigh the disadvantages. The Internet began commercial usage in 1991 (Commerce-Land), at this point EDI (Electronic Data Interchange) and EFT (Electronic Funds Transfer) began. These technologies opened the door for businesses to handle their transactions electronically. Since the beginning, there are now thousands of companies that are doing the bulk of their business through the Internet. Advantages There are many pros to using E-Business, for both the consumer and the company. For the company, one of the advantages is that it is cheaper for them to set up a website then it would be for them to build and open a brick-and-mortar type business. Another plus for companies is the cost of advertising is better with E- Business. In advertising, more people can be reached at a lower cost by using the Internet than any other form of advertising. The ability to be able to reach more people is one of the best advantages...
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...Summary Electronic commerce (EC) The electronic commerce can be defined as very broadly as the exchange of goods, services, and money among firms, between firms and their customers, and between customers, supported by communication technologies and, in particular, the Internet. Internet and World Wide Web Capabilities Information Dissemination means that products and services can be marketed over vast distances Integration–web sites can be linked to corporate databases to provide real-time access to personalized information. No longer must customers rely on old information from printed catalogues or account statements that arrive in the mail once a month. Mass Customization means firms can tailor their products and services to meet a customer’s particular needs on a large scale Interactive Communities means companies can communicate with customers, improving their image of responsiveness Collaboration refers to different departments of a company can use the Web to collaborate Transaction Support–clients and businesses can conduct business online without human support EC Business Strategies Brick-and-mortar Business Strategy refers to the strategies that firms operating solely in the traditional physical markets. Click-only Business Strategy (virtual companies/pure play companies) means that the business is conducted electronically in cyberspace only. These firms usually compete on price alone. Pros: compete more effectively on price; tend to be highly adept...
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...online marketing. 2. eBay adapts to the culture of the country but retains its core elements of online business model. 3. eBay first expanded to Germany by buying an established firm. Other countries where eBay also expanded are Great briatain, Australia, Italy, Netherlands and Spain. ALTERNATIVE COURSES OF ACTIONS 1. Profile your customers and personalize the website according to the country it serves. Pro: Profiling can help you get data of your current customer and their behavior. It can also help you to have a more focus product offerings Con: Requires additional costing and research 2. Offer various modes of payments such as payment over the counter (banks, convenience stores), debit card, cash on delivery Pro: Offering various modes of payments can increase number of customers as other people are afraid of paying online via credit card. Some people think that they might get fraud. Con: 3. Create a user friendly workspace with event notification (i.e. email confirmation to all transactions by customers) Pro: Helps customers to have an easy online shopping. Event notification gives...
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...International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 02 Issue: 08 | Nov-2015 p-ISSN: 2395-0072 www.irjet.net Comparative study of Flipkart.com, Snapdeal, E-bay: India’s Leading E-business Portals Sheeba Praveen Prof.(Dr.) Devendra Agarwal Sumaiya faizyab Dept. CSE,Integral University Babu Banarasi Das Engineering College Dept. CSE, Integral University Lucknow ,U.P. Lucknow, U.P. Lucknow,U.P. ------------------------------------------------------------------------------------------------------------------------------------------ Abstract— Ecommerce portals are now trending in India. It is growing in every place and customers are showing interest in using these portals effectively. There are so many portals which are unique in their features and the design of website. After analyzing the whole model of E-commerce I found basically three business Models have evolved over a period of time in this space and each has its own Pros & cons. Rest all business models are mix and match of any of following 3 models. Keywords—Snapdeal model, E-bay model, Flipkart model modes like Cash & Card on delivery, which invariably helps the masses to avoid the hassle of making online payments, as the credit card penetration in India is very low, & people are reluctant to make online payments more to do with the Indians psyche .Since portals are giving a customized offering to the masses i.e. rite from the...
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...Objective Assalamualaikum, The purpose of this assignment that we have to do base on task that we have been given from our lecturer, explain the elements of Internet marketing about the digital marketing and what is e-commerce and e-business. Then, evaluate the marketing mix which is the 7P’s of the internet marketing. This assignment also want us to compare and explain about the marketing tools that being use by the website to promote the web page. This task examine interactive order processing. This task is based on the concept online shopping, Love.com.my. One of the favourable websites which offer a lot of advantages to their customer in order to place an order for any product especially flower and gifts. Task 1.1 Digital marketing is a broad term that refers to various and different promotional techniques deployed to reach customers via digital technologies. Digital marketing is also embodied by an extensive selection of service, product and brand marketing tactics, which mainly use the Internet as a core promotional medium, in addition to mobile and traditional TV and radio. Digital marketing is known as Internet marketing, but their actual processes different. (Digital Marketing) Internet marketing means different things to different people. It is refers to the strategies that are used to market a product or service online, marketing strategies that include search engine optimization and search engine submission, copywriting that encourages site visitors to take...
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...to calm any possible fears about these various options as they pertain to your company. Online Payment System Integration Plan The first payment system that we will discuss is cash since it is still the most accepted form of payment on the planet and it has also been around for thousands of years, in one form or another. The obvious problem with cash – in regards to e-commerce, at least – is that it requires physical interaction between the buyer and seller (e.g. close proximity). This, of course, is counter-intuitive to the basic concept of global e-commerce transactions. As a result, it will not be a feasible payment solution for the e-commerce aspects of RetailCo’s business strategy. The next payment option that we will discuss is PayPal, which I believe could be an option for RetailCo as long as you understand the pros and cons of their service. First off, what is PayPal? It is a checking transfer service that allows its members to “e-mail” money to each other once they have established and/or setup an account with them. First, the cons – possible stigma and/or negative perception of your e-commerce site due to its association with PayPal. This is generally attributed to the historical path that PayPal has taken...
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