E Commerce Websites Things And Consider Before Building...

E-commerce websites: things to consider before building your online store. What is E-Commerce? An e-commerce website is simply an online shop which gives people an opportunity to buy things online. Nowadays, most people who have access to the internet have used e-commerce websites at some point. Many of the big retailers around the world have experienced a significant increase in sales after setting up an online store. In 2014 online spending of New Zealanders accounted for 6.3% of total retail sales or $2.9bn (BNZ Online Retail Sales Report, https://www.bnz.co.nz/assets/business-banking-help-support/online-retail-sales-index/pdfs/or2015-02.pdf). Share of online spending by sector: Fashion and accessories – 12% Daily sales – 5% Department, variety other – 26% Furniture, Housewares and Hardware – 9% Electrical and electronic (incl. Computers) – 14% Recreation, books and entertainment media – 14% Groceries, Liquor and specialized food – 15% Pharmacy, stationery, antiques, flowers cosmetics – 6% It is evident that online shopping is a continually growing sector. If you are not a big brand yet, you may consider selling your goods via an e-commerce website first. It is cheaper and easier to run and will bring you desired profits without huge investments. Before starting up your e-commerce website, there are a number of things you need to consider and questions you need to answer. This will help you better understand your future online business and provide your websiteShow MoreRelatedBusinesses and The Internet1357 Words   |  6 Pagestoday’s digital age, most all brick and mortar stores have migrated to the Internet to expand their business globally. This migration has come with many sacrifices, lessons learned, and challenges along the way. However, the businesses that demonstrated determination and a willingness to overcome the challenges that they were faced with, have ultimately succeeded in expanding their clientele. One example of the type of company that can be found online is an electronic retailer, or a cybermall typeRead MoreHouzit Homewares Bsbmkg609A Assignment1696 Words   |  7 Pagesis a home wares stores chain by two friends and business partners who have invested quite a huge sum of money and are running the business smoothly, but as always see the need for more growth and more profits on balance sheet. The strategies of the business have to completely match or outlive that of the rivals of the business so as to meet and obtain any growth. The current size of the organisation is not as big as some of the rivals in the area. The chain compromises of 15 stores and has a big headRead MoreThe Impact Of E Commerce On Business7352 Words   |  30 PagesIntroduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦3 1. Understand the impact of e-Commerce on business 1.1 Critically discuss the expectations of internet customers†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦4 1.2 Critically assess the potential impact of common applications on an e-Commerce business†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..........†¦8 2. Be able to plan an e-Commerce strategy 2.1 Plan an e-Commerce implementation strategy for an e-Commerce business†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦.12 3. Be able to manage an e-Commerce strategy 3.1 Critically assess the risks of linkingRead MoreAdvantages And Disadvantages Of Wordpress1102 Words   |  5 Pagesan online presence. Even if that business is doing very well offline in its brick and mortar outfit, it would certainly perform much better if it can move some of its products online. Daily, millions of people come to different online platforms to communicate, source information or transact business. The internet is rich with potential customers just waiting to patronize your goods or service. One of the best ways of getting an online presence is by the development of your business website. A websiteRead MoreIkea Case Study Ebusiness5766 Words   |  24 PagesCorporate website e-commerce system 7 1.2.4 Summary 9 2 Strategy analysis 11 2.1 Business idea 11 2.1.1 Business Model 12 2.1.2 Vision 14 2.2 Global Strategy 14 2.3 Future challenges 15 3 Web site analysis 16 3.1 Informative communication 16 3.2 Structure, Navigation and visuality: 17 3.3 Information accuracy, security and trustworthiness of the site 18 3.4 Web shop 19 3.5 Personal opinion 20 4 Conclusion 21 Referencess 23 1 Theoretical Analysis E-commerce concept goesRead MoreE-Marketing Environment in Present Scenario3397 Words   |  14 PagesE-MARKETING ENVIRONMENT IN PRESENT SCENARIO *Mr. Prashant Sharma (A.P, Mgt.Deptt. DIMS, Meerut.) *Dr.Gaurav Kaushik (HOD, Mgt.Deptt, DIMS, Meerut.) ABSTRACT E- marketing is popular nowadays worldwide. Through the help of Internet companies interested in selling goods and services can easily penetrate into the homes and offices of prospective buyers. Companies can measure their marketing related statistics easily and relatively inexpensively. Certain drawbacks such as informationRead MoreEssay about Marketing Opportunities4985 Words   |  20 Pagesproducts, incorporating both local and important goods. BBQfun operates two store in Queensland, one in Brisbane and one at the Gold Coast. BBQfun provides to customer great value products, excellent customer service, continuously improvement and innovation and is trusted by more than 10,000 customers in Queensland. Situation analysis The retail market changed over the last few years, it became more competitive than ever before. Therefore consumer buying patters changed as well. BBQfun increased theyRead MoreAnalysis Of The Article The Internet Sales Industry 1813 Words   |  8 Pagesservices, bargaining power of buyers, bargaining power of suppliers, and relative power of other stakeholders. Threat of New Entrants: Medium ​With the new age of technology we have entered, it would seem simple to enter the internet sales industry but things are not always as they seem. Entering the internet sales industry will prove to be a challenge for any new companies looking to encroach upon the industry. One of the many barriers new entrants will face is the economies of scale, which bigger corporationsRead MoreHow Technology Has Changed Us Businesses3120 Words   |  13 Pagesnow or online retailing and marketing. Online retailing is wider or newer form of retailing. So we can define it as ‘sale of goods and services using through Internet. ‘It can be said as B2C business model where business sells goods to final customers through Internet. B2C model using Internet can be of two types: †¢ Pure play for example Amazon.com, which do not have any physical stores but trades only through Internet. †¢ Brick and clicks: These are those retailers who have physical stores but haveRead MoreThe Elements Of Internet Marketing4060 Words   |  17 PagesIntroduction 1.1 The elements of internet marketing 1.2 Internet marketing mix 1.3 Internet marketing tools/e-tools 1.4 Interactive order processing 2.1 Search engine marketing (SEM) and search engine optimization (SEO) 2.2 Opt-in email and email marketing 2.3 Best practices in online public relations 2.4 How business use digital media communities 3.1 Secondary market research 3.2 Design of an online survey 3.3 Use of electronic customer relationship marketing 4.1 An outline of internet marketing plan