Introduction In today’s world the technology plays a vital role. All the businesses use technology in one or other way to support them. The e-commerce business model is one such technology available in the market for the companies to do their business online. The online business helps the company to achieve more profit and stand apart from the other competitors. The company uses the internet as the medium to promote their business and do the online business. In the present scenario most of the people uses internet as a tool to attain their needs. This report will discuss about the technology and business perspective to be adopted by an organization to sell fashion clothes to the end customers directly through online. The company’s name is Netfashion. Netfashion is a local fashion clothing company who sell the clothes in the local market by traditional way. They have decided to adopt the online e-commerce model to expand their business. Let us discuss about the plan proposed to Netfashion to start the e-commerce business. This e-commerce method will help the company to expand beyond the geographical boundaries and obtain the stable revenue on the business. This will analyze the objectives and goals to achieve the growth. This report is developed based on Porter’s competitive force model. The web portal which is designed for Netfashion is accessible through this link: http://uofsql59.cloudaccess.net/ Netfashion e-commerce model environmental analysis Netfashion decide
It is difficult to categorize e-commerce business models because there are so many different e-commerce business models and every model has its own method.
Over the years, technology has become a major part for a business and for an individual as well. Technology has become so advance that it has made a major effect for the staff as well as for the customers. New technology has helped in many areas such as data and information storage, advertising, transportation and communication.
The purpose of technology in business is increased productivity and profit. The idea is use less resources and produce a considerable quantity of products. Companies with latest technological equipment can save money and time. The use of technology contribute to an effective and quick communication between members of the company and with the clients. Also the travel cost is reduce, videoconferences, virtual meetings, and instant chat allows the business people communicate without traveling. In addition, thanks to the technology owners can develop their business through the internet, for example selling the products in websites. The main disadvantage of technology in the business field is the unemployment. The tasks that were performed by humans are now carried out by computerized machines. For example, the telephone answering machines have replaced the receptionists at many companies. Consequently, the firms would have a high dependence on the technology use, if something bad happens to the system would affect the entire process of
As businesses are growing in the U.S. as well as other countries around the world, the need for technology is also growing.
of the technology also creates many new jobs to people. There is a big need for the
Many organizations industriously look for the opportunity to gain the competitive advantages in their industries. One of the opportunities that frequently used by the organization is the implementation of e-commerce. Thus, the e-commerce and the online sale transaction become popular in each industry. E-commerce provides many benefits, such as the saving of shopping time, the cost savings, convenience, and free from geographical constraints.
This report was commissioned to examine how ASOS has greatly uses their strategic business plan and integrated with the E-commerce to create sales miracle in the fashion industry. E-commerce has brought an enormous impact to the traditional business activities, it highlights the sign is to increase trade opportunities, reduce trade cost, simplify the trade process, improve the trade efficiency. E-commerce has significantly changed the business model. Lead to the transformation of economic structure. In developed countries, the electronic commerce development unprecedented prosperity, trading via the Internet has become a trend. The purpose of this report will firstly show the changes of consumer behavior of converting physical shopping to E-shopping. Mainly, this report is to analyze the external and internal context base on the case study of ASOS. For the external environment, the essential driver of the success of ASOS is the emphasis. There are three approaches, Porter’s Five Forces, PEST analysis and strategic group mapping will be used to indicate ASOS’s commercial performance and observe competitor behavior and find out further opportunities to enlarge business pattern. The aim of analyzing the internal context of ASOS is to reveal its operational conditions and value chains. The following parts will contain its strategies and policies, and how its policies to affect target customer.
The use of technological infrastructure such as information technology and state-of-the art communication system is a very powerful tool in any business today that guarantees up-to-date and hasten
The revolution of e-commerce has made the work ease to prospective customers as well as retailers in carrying out the services in less time span. Social media with digitalization has made wide connectivity at a global level. It attracts and retains the potential customers towards online shopping. A marketer has to concentrate on the demographic environment such as age, gender, educational qualification and income levels, socio-cultural factors, psychological factors and personality factors; they are the major factors that impact the buying behavior and the attitude of the consumer. Technology and innovation in e-commerce drive changes predominantly in online shopping to help individual as well as marketer to formulate business efficiently and effectively.
E-business is the outcomes of IT Company in order to bring the business activities a simple and easy process. There are various types of e-business, and that has importance based on the field they are established. In short e-business is the business which can be done online, with multiple choices in buying or selling any products. E-commerce is fully dependent on internet for its turnover and which comprises of lots of strategies.
Electronic commerce, or e-commerce, refers to economic activity that occurs online. E-commerce includes all types of business activity, such as retail shopping, banking, investing and rentals. Even small businesses that provide personal services, such as hair and nail salons, can benefit from e-commerce by providing a website for the sale of related health and beauty products that normally are available only to their local customers. To operate as an e-commerce company you need certain hardware, I will explain this.
E-commerce is the stores that provide service for customers via online. It sells a variety of products such as foods, drinks, and many others. It has different sectors which have many classes of businesses. For example online supermarkets are starting to grow today. Previously, have the physical stores or traditional stores but they build an e-commerce now. When e-commerce is becoming popular, they start to do it to get more profit. This essay will examine and evaluate how e-commerce has altered business practices in supermarket, including e-commerce grows very fast, profitable business and convenience for customers, enjoyable and comfortable to shop, and detail information in the e-commerce websites. It also will argue and evaluate the main tactics to increase the profit of internet trading, are convenience delivery home, having good marketing, and providing electronic transaction and good electronic assistance.
The term business doesn’t completely consist of only retailing; businesses can function online. An e-business, also known as ‘electronic business’ is a web-based service provided by a business which enables an exchange of products/services; the electronic market focuses on the use of information technology to allow activities of exchange to
eBay Strategy Case Study prepared for E-business, Internet Marketing and E-commerce lecturers and students. Last update, March 2009.
The business shall identify itself into two main industries: the Book Retailing Industry and E-commerce Industry.