Questions On A Business Ecommerce

The model however, won’t work for a new startup that is trying to find new business prospects right from the scratch – the toughest part of a business conversion process. Generating prospects is a series of work and this is the stage when companies will have to depend a lot on key tactics like SEO, content marketing, inbound and social media, for the expansion of their customer base. It is different from lead retention and therefore one need to pick out the right funnel that will help to get a particular service tailor fitted according to the business hour of need.

IKEA is a multinational group founded by Ingvar Kamprad in 1943. A production oriented firm in the retail industry, IKEA designs and sells a range of functional and durable, self-assembled ‘flat-pack’ furniture, appliances and home décor at low prices (Rodionova, Z. 2017). IKEA originated in Sweden and has 370 stores in 47 countries, mainly in Europe, Asia, North America and Australia (IKEA 2014).

Increasing the profitability and market share is the basic motive of every company except non-profitable organizations. In order to increase its revenues, the companies adopt different strategies that can attract more and more customers to get the product or service they are providing. Every company that is having fine business revenue is looking for ways to increase further. For this purpose, the decision-makers are implementing such strategies that can attract new customers and retain the existing ones (Johnson, pg. 45,2010).

Before formulating an official strategy to e-business marketing, it is important first to prioritize the tasks and organize a set of principles that will directly contribute to success. The importance to making any e-commerce site profitable is to have a sound strategy for promoting it. While the overall goal is to earn a healthy return, it is important to recognize that it needs to be consumer targeted. Essential marketing strategies can help elevate an e-commerce site from average and bland to something extraordinary.

What Internet business model would be appropriate for the company to follow in creating a Web site and why?

Marketing is an integral part of any business operation, regardless of platform or environment (brick and mortar versus virtual); type of product sold or service rendered and target market. With the advent of Internet technology, new business models or sites such as business-to-business (B2B) and business-to-consumer (B2C), have emerged which require the employment of different marketing strategies and tools to attract and retain customers. The following sections will provide a comparison of the marketing strategies employed and tools utilized by B2B and B2C e-business sites.

Most people have shopped at Amazon or eBay and understand how convenient the buying process is at B2C eCommerce websites where the user experience or UX trumps every aspect of the business process. Although the B2B process differs in many ways, smart decision-makers in business-to-business marketing understand that the user experience is critical and not just for customers but for business collaborations, distributor efficiency, lead generation and important internal processes. The user experience

Globalization and the world with hyper competition, all types of business need strategies to move forward and survive. Management of finance, cost, transactions, and marketing are all needed. But with this we also need customers to be managed and to be take care of. The nature of customers is the same but the nature of a seller is slightly different, in both sectors: B2B and B2C. Attitude and behavior is considered. CRM is software which has helped many organizations achieve competitive advantage and make better relations with customers. B2C and B2B sectors are taking advantage of this software. The report shows the differences of the sectors and also how they can implement it with different tactics. The importance of

Rich customer relationships that generate loyalty and revenue are critical to sustained business performance. Now more than ever, organizations must be able to flexibly adapt to the unique needs of individual customers. To meet this challenge, companies of all sizes are deploying Customer Relationship Management (CRM) applications and strategies across their organizations. They are coordinating multiple channels: including the web, email, call centers, direct mail and face to face – to interact with customers and meet their needs.

This solution is not for a specific type of ecommerce website but it is an effort to give a generalized and best solution for the easy and cost-effective automation of many customers Who don’t have time to Shop/Purchase and also don’t want to buy online so this application is helpful for such users etc.

Online businesses are those kinds of firms that do not have a physical presence, and their operations are mainly virtually run and controlled. These types of activities are in other words referred to as e-commerce or E-businesses. The management of the businesses, as well as the supervision of the day to day operations of the business, is done virtually. The business does not have physical stores, warehouses or shops. This type of activity utilizes electronic means for the firm transactions as opposed to the traditional brick and mortar setup where the customer and the seller or the service providers did business via face to face interaction.

Objectives: As the world becomes increasingly connected through the World Wide Web, protocols for conducting businesses are changing. Traditional style of business processes have been replaced by the unconventional ones (Writer, 2016). It’s the era of new age entrepreneurs & they are making the way bend for them because of their first mover advantages in the commerce space. A study on one of the most promising and upcoming industry of the twenty first century which has become so big in the underway that it is not ignorable. To evaluate the evolution this industry has witnessed with each passing day with respect to constant innovations,

Based on my future reading from “The Relationship between E-Commerce Adoption and Organization Performance” , the finding is also quite similar with these journal by which it had stated that the click-and mortar firm should also applying e-commerce and determine the necessary areas that need to be re-engineered in the process to increase the firm’s performance. However, it had been recommended that future researcher should consider some factors in determining their research by which Mutia Sobihah Abd Halim etc did not apply. The other factors consist of performing a comparative study between the hotels that using e-commerce with the hotels that still not uses it; it also should involve the e-commerce hotels’ user, as well as conducting this study in the other industries in Malaysia.

TARDIS Travel currently with branches in 50 cities has consult Yana consulting for suggestions relating online business. This report is created for Board of Directors of TARDIS Travel containing detailed information about the way to regain the company 's market share by conducting business online and remain to be competitive in to future.

eBay Strategy Case Study prepared for E-business, Internet Marketing and E-commerce lecturers and students. Last update, March 2009.