BZUPAGES.COM E-Business An e-business is defined as a company/entity that has an online presence....

BZUPAGES.COMBZUPAGES.COM

E-BusinessE-BusinessAn e-business is defined as a company/entity that has an An e-business is defined as a company/entity that has an online presenceonline presence..

E-commerceE-commerce businesses businesses E-businesses that have the E-businesses that have the ability to sell, trade, barter or ability to sell, trade, barter or transact over the webtransact over the web can be considered as can be considered as e-commercee-commerce businesses. businesses.

E-business modelE-business modelAn e-business model is defined by a An e-business model is defined by a company’s policycompany’s policy, , operationsoperations, , technologytechnology and and ideologyideology..


E-Business ModelsE-Business ModelsStorefront ModelStorefront ModelMost Basic and most simple type of E-business ModelMost Basic and most simple type of E-business ModelBuyers and sellers interact directly. This is quite popular in Buyers and sellers interact directly. This is quite popular in B2C transactions.B2C transactions.Merchants organize online catalog of products, take orders Merchants organize online catalog of products, take orders through their websites, accept payments in a secure through their websites, accept payments in a secure environment and send items to the customers. They can also environment and send items to the customers. They can also store and manage customer data in databases. store and manage customer data in databases. A storefront model uses the A storefront model uses the shopping cart technologyshopping cart technology which which allows customers to accumulate items they want to buy during allows customers to accumulate items they want to buy during shopping. shopping. Books – Toys --- gifts –flowers etc…Books – Toys --- gifts –flowers etc…


Auction ModelAuction ModelIn this model there are auction sites to which the In this model there are auction sites to which the users can users can log-onlog-on and and assume the role of aassume the role of a bidder or seller. bidder or seller. As a As a sellerseller, one has to specify the , one has to specify the minimum priceminimum price to sell to sell one’s itemone’s item (called (called reserve pricereserve price), the ), the description description of the item of the item and the and the deadline to close the auctiondeadline to close the auction. At the end of the . At the end of the auction, the seller and the bidder are notified by the auction auction, the seller and the bidder are notified by the auction site and the payment mechanism and delivery mode is worked site and the payment mechanism and delivery mode is worked out. out. Auction sites charge commission on sales.Auction sites charge commission on sales.

Online BankingOnline BankingThere is an online bank providing banking services to the There is an online bank providing banking services to the customers through internet including services of electronic customers through internet including services of electronic funds transfer.funds transfer.Online Account Information'sOnline Account Information's


Online Trading and LendingOnline Trading and LendingOnline trading is buying and Online trading is buying and selling of stocks/sharesselling of stocks/shares of of listed companies using internet. Many listed companies using internet. Many brokerage housesbrokerage houses have established an online presence.have established an online presence. Online lendingOnline lending is providing loan through an internet is providing loan through an internet transactiontransaction

Online RecruitingOnline RecruitingEmployers can recruit and Employers can recruit and job searchersjob searchers can search for jobs can search for jobs effectively through online recruiting web sites.effectively through online recruiting web sites.

Online News ServicesOnline News ServicesMany newspapers/magazines have online presence, providing Many newspapers/magazines have online presence, providing 24-hour updates. Online publishing is attractive because 24-hour updates. Online publishing is attractive because printing and distribution costs are not involved in it.printing and distribution costs are not involved in it.


Online Travel ServicesOnline Travel ServicesOne can make travel arrangements online without going to travel agent. It One can make travel arrangements online without going to travel agent. It is is convenient and less costlyconvenient and less costly. There are online businesses which help . There are online businesses which help customers find discount fares for airline tickets, hotel rooms and customers find discount fares for airline tickets, hotel rooms and rental cars or assist in rental cars or assist in case of lost luggage.case of lost luggage.

Online EntertainmentOnline EntertainmentInternet technology can quickly provide information with high Internet technology can quickly provide information with high quality multimedia. Therefore, such e-businesses have quality multimedia. Therefore, such e-businesses have emerged which sell emerged which sell music albums, movie tickets, video music albums, movie tickets, video filmsfilms etc. The content can be easily downloaded by the etc. The content can be easily downloaded by the customer in this case.customer in this case.You can download MoviesYou can download MoviesGambling Gambling Games Games


Online Automotive Sites and Energy Online Automotive Sites and Energy OnlineOnlineCertain web sites allow users to search and Certain web sites allow users to search and purchase new and used cars and their spare parts. purchase new and used cars and their spare parts. Also, there are sites where buyers and sellers can Also, there are sites where buyers and sellers can buy, sell and distribute energy (oil, electricity etc.) on buy, sell and distribute energy (oil, electricity etc.) on the web.the web.

Selling Intellectual Property OnlineSelling Intellectual Property OnlineSome e-businesses deal in the sale of intellectual Some e-businesses deal in the sale of intellectual property rights of companies such as property rights of companies such as patents, trade patents, trade marks, and trade namesmarks, and trade names etc. copyright etc. copyright


Online Art DealersOnline Art DealersArtwork can be bought from the web at a discount, e.g. Artwork can be bought from the web at a discount, e.g. pictures, paintings, posters etc.pictures, paintings, posters etc.

E- LearningE- LearningUniversities and various training institutes are offering high-Universities and various training institutes are offering high-quality distance education over the web. E-books and other quality distance education over the web. E-books and other reading material can be easily downloaded to one’s computer. reading material can be easily downloaded to one’s computer. Virtual University is an example of this type of business Virtual University is an example of this type of business model.model.E-booksE-booksResearch papersResearch papers


Online Service ProvidersOnline Service ProvidersThese e-businesses help improve policies, These e-businesses help improve policies, procedures, customer service and general operations procedures, customer service and general operations of other businesses. They can provide of other businesses. They can provide consultancy/professional services, for example, web consultancy/professional services, for example, web site development services, online legal consultancy site development services, online legal consultancy services etc.services etc.

Dr., Auditors, accountants etcDr., Auditors, accountants etc


Online Shopping MallsOnline Shopping MallsOnline shopping malls are those web sites which present Online shopping malls are those web sites which present customers with a customers with a wide selection of products wide selection of products and services at and services at a single place. Thus, Instead of making several separate a single place. Thus, Instead of making several separate purchases, customers can use the mall’s shopping cart purchases, customers can use the mall’s shopping cart technology to purchase items from many stores in a single technology to purchase items from many stores in a single transaction.transaction.Different merchantsDifferent merchantsVictoria and Raja Sb.Victoria and Raja Sb.


Portal ModelPortal ModelPortal is that website which has got plenty of information on different topics Portal is that website which has got plenty of information on different topics and subjects contained on the websiteand subjects contained on the websitePortals are the web sites which provide chance to the visitors to Portals are the web sites which provide chance to the visitors to find find almost everything in one placealmost everything in one place..

Horizontal portalsHorizontal portals provide information about a very broad range of topics. provide information about a very broad range of topics. Search engineSearch engine is the Example of a horizontal portal. is the Example of a horizontal portal.

Vertical portals Vertical portals provide information pertaining to a provide information pertaining to a single area of single area of interestinterest. . Community PortalsCommunity Portals such as those related to medical or legal such as those related to medical or legal profession are the examples of a vertical portal. Online shopping is a profession are the examples of a vertical portal. Online shopping is a popular addition to the some portals such as ‘yahoo.com’. Portals allow popular addition to the some portals such as ‘yahoo.com’. Portals allow users to browse independently owned storefronts unlike online shopping users to browse independently owned storefronts unlike online shopping malls.malls.


Brick-and-Mortar vs. Click-and-Mortar businessesBrick-and-Mortar vs. Click-and-Mortar businessesThese two terms refer to the These two terms refer to the offlineoffline and the and the online online businessesbusinesses, respectively. , respectively. Where a company is doing its business both online Where a company is doing its business both online and offline, there is often the problem of lack of and offline, there is often the problem of lack of proper integration between the two different channels proper integration between the two different channels of business of business


Advantages of E-businessAdvantages of E-businessPersonalized service:Personalized service:High-quality customer serviceHigh-quality customer serviceNo inventory costNo inventory cost Worldwide reach of the businessWorldwide reach of the businessElectronic catalogues (convenient and quick Electronic catalogues (convenient and quick transaction)transaction)Bulk transactionsBulk transactionsImproved supply chain managementImproved supply chain management


Disadvantages of E-businessDisadvantages of E-businessSome disadvantages of an e-business are given as under:Some disadvantages of an e-business are given as under:Less securityLess securityLess privacyLess privacyNo physical proximity with items purchasedNo physical proximity with items purchased


Online catalogues vs. Paper cataloguesOnline catalogues vs. Paper catalogues

Paper catalogsPaper catalogsAdvantagesAdvantagesEasy to create a catalog without high technologyEasy to create a catalog without high technologyReader is able to look at the catalog without computer systemReader is able to look at the catalog without computer systemMore portable than electronic catalogMore portable than electronic catalogDisadvantagesDisadvantagesDifficult to update changes in the product informationDifficult to update changes in the product informationOnly limited number of products can be displayedOnly limited number of products can be displayed


Online or electronic catalogsOnline or electronic catalogsAdvantagesAdvantagesEasy to update product informationEasy to update product informationAble to integrate with the purchasing processAble to integrate with the purchasing processGood search and comparison capabilitiesGood search and comparison capabilitiesAble to provide timely, up-to-date product informationAble to provide timely, up-to-date product informationCan provide broad range of product informationCan provide broad range of product informationPossibility of adding voice and motion picturesPossibility of adding voice and motion picturesCost savingsCost savingsEasy to customizeEasy to customize

DisadvantagesDisadvantagesDifficult to develop cataloguesDifficult to develop cataloguesLarge fixed cost Large fixed cost if used for small no. of productsif used for small no. of productsNeed for customer skill to deal with computers and browsersNeed for customer skill to deal with computers and browsers

BZUPAGES.COM E-Business An e-business is defined as a company/entity that has an online presence....

Documents

Transcript of BZUPAGES.COM E-Business An e-business is defined as a company/entity that has an online presence....