...eBusiness - Task 1 Overview Business: Luke’s Liquidation Warehouse is a new startup discount home products business that buys large qualities of liquidated items at wholesale to resale from a warehouse facility as individual items. Other local businesses in the same sector operate irregular hours and have poor inventory controls. Others are not yet competing effectively online. Task 1: Develop an online business expansion proposal. 1. Viability of product or service a. Business is a new startup and does not currently have a website b. Business does not have a visible store front, only warehouse space. Without an online presence, it will be invisible c. There will be startup as well as ongoing expenses. Attracting attention to an unknown new business can be difficult. Products change frequently, so constant site changes will be necessary. 2. Current Online Competitor Assessment a. No one is currently selling online in this market, only offering an online option for previewing products. Online sales that involve shipping would likely negate the cost savings of the product. i. Current trends involve having only a Facebook page instead of a website, having a basic website updated weekly with new products, or having a basic website without any products listed at all. ii. Other businesses appear to view their online presence as a sideline not worth putting money or effort into b. Competitor’s websites include: A. Liquidation Outlet Columbia 1. Social...
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