e-Business Essay example - 1536 Words

E-Business E-business is the largest emerging trend in business today. The movement into e-business is dramatically changing the way people buy and sell. Business is no longer a one for all concept, that concept is being replaced by a consumer economy that is driven by choice. These choices are not only in product and price but in shopping environment as well, where their transactions can take place face to face or in an online environment. Not only are traditional businesses completing their transactions with other businesses in such an online format, but such transactions are taking place between businesses and consumers as well as consumers to consumers. The following paper outlines some of the differences and similarities of each of†¦show more content†¦I have outlined some strengths and weaknesses of business to consumer e-business and the way it is affecting the relationship between the consumer and merchant using Amazon.com’s Virtual Retailing Model as an example. Virtual retailing involves the request for and closing of a transaction over the medium of the Internet, via a web page (http://www.cybersolve.com/retail.html). While the processing of the transaction, itself, is key to the existence of a virtual retailer, it is not the most important piece. The key to the success of a virtual retailer, according to Peter G. W. Keen, is the ability of that virtual retailer â€Å"to build strong customer relationships†. Amazon.com has by far been one of the most successful virtual retailers in building strong customer relationships. 70% of Amazon’s customers are repeat customers; this is no surprise when Amazon.com invests 20% of its revenue in attracting consumers and develops different techniques to â€Å"bond with the customers†, such as â€Å"My Amazon† (http://www.computerworld.com/home/print.nsf/all/990614AD62 ). Traditionally businesses had to locate themselves, plant themselves several times over inShow MoreRelatedBusiness-to-business and B2b E-marketplace814 Words   |  4 Pagesyou’re Big, You Can Be Your own B2B E-Marketplace. Question 1 :- Volkwagen operates its own proprietary B2B e-marketplace in which its suppliers participate. What are the disadvantages to Volkswagen of not using a generic B2B e-marketplace with even more suppliers? What are the advantages to Volkswagen of developing and using its own proprietary B2B e-marketplace? Answer :- The disadvantages to Volkswagen of not using a generic B2B e-marketplace with even more suppliersRead MoreCase Study : E Business Suite Essay2292 Words   |  10 Pages Content Introduction 2 E-Business Suite Architecture 3 Chronical Development of E-Business Suites 6 Integration needs it addressed as it was developed 6 Responding to new integration trends and technologies 7 Oracle’s E-Business integrated with SOA Gateway 8 Oracle’s E-Business Suite on the Cloud 9 Conclusion 10 References 10 Introduction Reading through the requirement of this paper there were several options to choose from. There are several companies that offer integrationRead MoreE-Commerce for My Business578 Words   |  2 Pages Based on my future reading from â€Å"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 SobihahRead MoreMarketing and E-business1592 Words   |  7 PagesE-Business E-business is the largest emerging trend in business today. The movement into e-business is dramatically changing the way people buy and sell. Business is no longer a one for all concept, that concept is being replaced by a consumer economy that is driven by choice. These choices are not only in product and price but in shopping environment as well, where their transactions can take place face to face or in an online environment. Not only are traditional businesses completing theirRead MoreThe Success Of E Business1434 Words   |  6 Pagesremains a strong belief that e-business – with its resurgent potential for creating new transactional opportunities between firms, suppliers, complementary product/service providers and customers – will ultimately contribute significantly to the future performance of many established firms. A number of impressive examples come to mind: Tesco in the UK, Otto Versand in Germany, and Dell Computers and Cisco Systems in the US.1 For orga nizations such as these, e-business is more than a tool but partRead MoreBusiness Skills for E-Commerce6864 Words   |  28 PagesBusiness Skills for E-Commerce Group Assignment Executive summary The documentation is about the process of implementing an e-commerce solution for the Dinapala Group of company. As the first step of completion, a preliminary investigation has done about the selected organization in order to have a proper idea about the problem scope and the background. After identifying the circumstantial, organization’s core business functions have assesses under the outcome criteria of understandingRead MoreE Commerce Within A Business2134 Words   |  9 PagesE-Commerce within a Business E-commerce within a business refers to the commercial transactions of products or services which occur electronically over the internet, by implementing e-commerce into a business such as ‘iGadget’ will provide both advantages and disadvantages, however the majority of the disadvantages can be fixed over time and the progression of the ‘iGadget’ itself. Advantages †¢ 24/7 opening 24/7 opening is a strong advantage for a business as it allows for the sales of productsRead 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 MoreBusiness And Consumer E Commerce873 Words   |  4 PagesWhat is Business to Consumer e-Commerce? Business to Consumer e-Commerce, also referred to as B2C, is the process of selling goods and services over the Internet rather than having a traditional brick and mortar outlet to sell such products. Businesses establish a website or electronic marketplace with multimedia catalogs, interactive order processing, protected electronic payment systems, while also offering online customer support which allow consumers to shop and purchase items in confidenceRead MoreE Commerce : Business Analysis1820 Words   |  8 Pagesbranches 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. This report includes details about different type of E-commerce, information related to in-house and outsourcing business strategies that would be helpful in this competitive environment of travel