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Benefits and Costs Analysis:
Tangible benefits include: * Increased Page Views * Decreased Page loading Time * Increased Transactions on website a) Revenue earned from merchandise b) Donation for Foundation * Increased offline events attendance * Increased physical media sale of CD’s and cassettes.
We have included increased physical media sale of CD’s and cassettes as a tangible benefits as our uodated website will be having sample of albums that would encourage the user to order them online.
Intangible benefits include: * Motivation for donating to charitable foundation. * Fan’s loyalty increased * More timely information * Brand building (Strong Brand) * “Like Me” * Open, innovative and reliable * Drive internal discussion * Fan cohesion
The new website will be integrated with social networking site which will help fans to socialize with each other.
Tangible costs include: One time Cost * Designers salaries * Renting the server * Buying an URL * Project fees * Data Conversion
Recurring Cost * Renting the Server * Maintenance fee * Staff cost * Marketing cost * Online transaction and security * Shipping cost
For building a new website we have to hire new staff and advisor and training costs associated with them. Once we have finished building the website we need to make it known so there is a marketing cost associated with that. We also need to consider online transaction and security cost as lots of online transactions would happen. A major part of ecommerce website is the shipping costs.

Intangible costs include: * Confusing website viewers from website change * Delays caused in other projects of the client * Lack of experience in using new system * Need for staff retraining * Time
The most important tangible cost is

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