Developing an e-Business Strategy Essay - 1276 Words

At the core of the development of an e-business strategy for any particular organization lays several issues that need to be spotted on by any person who intends to successfully develop either a B2C e-business model or a B2B e-business model. Due to the rapid development of technology and globalization in the 21st century, e-business has suddenly become an important means of conducting business transactions given the big difference in both businesses and consumers’ way of living prior and during the advent of technology. According to (Wickramasinghe, 2007) since the various e-business models were tested to deliver outstanding and beneficial results in any organization, big or small, many organizations has strived to develop value-driven†¦show more content†¦Consider for example a businessman who intends to pursue a particular opportunity for his firm. His plan was to provide a highly-integrated set of services in all wireless networks in specified locations within the United States. Initially, upon looking at the firm’s business model for this specific project, the model seems to be perfect and is consistent with the core goals and logic for coming up with such a plan (Shafer et al., 2005). When asked however of his plans in addressing the possible incompatibilities in terms of the standards among wireless networks, the businessman merely stated his assumption that everything will flow smoothly as planned. On the other hand, thee truth is that there is a huge possibility that his business model will not work a hundred percent as planned due to discrepancies and incompatibility issues in wireless networks (Shafer et al., 2005). The point in giving this example is that any businessman who intends to use a business model must not expect that the model itself will work by itself and that certain issues and disadvantages will not be encountered especially in the process of building or developing an e-business strategy. Among the main issues that a businessman is most likely to experience in developing an e-business strategy for either a B2C e-business model or a B2B e-business model is the majorShow MoreRelatedImpact Of E Commerce On Global Economy1352 Words   |  6 PagesImpact of E-Commerce on Global Economy It is exciting area especially E-Commerce. The advancement in World Wide Web, computers and mobile wireless communication technologies are transforming the way business is conducted. The success stories of Amazon, eBay are few examples. New technologies have provided the required platform for innovation, growth, shopping convenience, and price advantage due to the boundary less competition. Business leaders across the industry are developing new strategies to adoptRead MoreSkills, Logistical Infrastructure, And Production1107 Words   |  5 PagesSMEs lack in time and skills to implement application to conduct electronic business. Suppliers, employers and customers need to be trained and educated for which many small businesses lack in time and financial capabilities. Dramatic increase in business can also be a threat to SME who cannot satisfy new customer demands. Face-to-face business between suppliers and customers is considered as the strong way of doing business by means of trust so became a barrier for adoption. On the other hand, mostRead MoreMarketing a Hypothetical E-Business: A Discussion About the Strategic Components of the Marketing Strategy885 Words   |  4 Pagestransition is occurring more and more as the business world deals with the challenges of acquiring consumers attention. The new digital landscape that has evolved with the technology that drive s it needs to be understood by those in charge of marketing strategies for business firms. The purpose of this essay is to describe how I will market a hypothetical e-business and discuss the strategic components contained within this marketing strategy. This strategy will incorporate the use of different mediaRead More7-E Japan Business Strategy is the Definition of Success825 Words   |  3 PagesBusiness Strategy definition as success factor: 7-E Japan (7EJ) designed a business strategy focused on Japanese customer’s behaviors for household goods requirements. The responsiveness level, transparency and agility of 7EJ SC was based on a business model strategy which designed storages location, inventory levels and transportation strategy supported by technology (Chopra Meindl, 2007). Companies should design business strategy for success on SC implementation (Chopra Meindl, 2007; SethiRead MoreThe Challenges of E-Commerce1403 Words   |  6 PagesThe Challenges of E-Commerce MKT552 The Challenges of E-Commerce Today’s business managers face many challenges when migrating a traditional ‘brick and mortar’ company to that which is now known as the evolutionary ‘click and mortar’ business model – that is, a business that operates in the Internet market space. To stand boldly in the face of challenges presented by the networked economy, firms must develop competencies that enable not only high performance market interactivity and adaptiveRead MoreEssay E-Business1680 Words   |  7 PagesE-Business 1- Abstract 2- About E-Business 3- Advantages and Disadvantages 4- The impact if e-business on a typical business 5- What a company must do to transform its strategy when it decides to transform into e-business 6- Conclusion 7- References Abstract There is a misconception that e-Business simply means buying and selling products and services over the Internet. The broader view of e-Business focuses on the key processes that directly enhance revenue Ââ€" namely, customer acquisitionRead MoreE-Commerce Strategies for Airasia1576 Words   |  7 PagesAIR ASIA E-COMMERCE STRATEGIES Low cost per average seat kilometer AirAsia focused on ensuring a competitive cost structure as its main business strategy. It has been able to achieve a cost per average seat kilometer (ASK) of 2.5 cents, half that of Malaysia Airlines and Ryanair and a third that of EasyJet. AirAsia can lease the B737-300s aircraft at a very competitive market rates due to the harsh global market conditions for the second-hand aircrafts because of the September 11th event in 2001Read MoreCourse schedule IST7100 1 1 1589 Words   |  7 Pagesï » ¿WILMINGTON UNIVERSITY COLLEGE OF TECHNOLOGY SYLLABUS FACULTY MEMBER: Karen Watson TERM: Summer Block 1 COURSE TITLE: IT Policy Strategy COURSE NUMBER: IST.7100 TEXTBOOK: TITLE: IT Policy and Strategy AUTHOR: Pearson Custom Library ISBN: 978-1-269-12350-1 If you would like more precise information regarding the textbook(s) for this class, please visit the bookstore website at http://www.wilmcoll.edu/bookstore METHOD OF CONTACT:Read MoreSwot Analysis Of Amazon1025 Words   |  5 PagesAmazon is a Fortune 500 e-commerce company based in Seattle, Washington, the company being one of the first largest to sell goods over the internet. In 1994, Jeff Bezos launched Amazon, the next year the business took off. Amazon originally started out as an online bookstore quickly diversifying its self by adding music, DVD’s, video games and clothing. These days’ amazon sells everything you can think of, including groceries and delivers right to your door. Amazon considers itself a customer centeredRead MoreBusiness Is Developing For Competitive Advantage1210 Words   |  5 Pagesanswer the question â€Å"How e-business is developing for competitive advantage to provide profit maximization to DELL’s online business? To answer this question the research will review the initial period of Dell’s business and the effectiveness of those strategies and models. Then the market situat ion and business competitiveness and challenges faced in lieu of those situations will be quickly analysed to understand Dell’s management decision of creating Dell’s online business. Finally, the research