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Brought to you in association with
Implementing a successfulE-Commerce Strategy – By
Small Business Resource Ltd
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What Are Your Goals?Are you
planning to start a new business or sell a young one (e.g., getting the idea, the capital, the buyers, the infrastructure, etc.)
Or
trying to integrate the Web into an existing business (e.g.,
resolving channel conflicts, interfacing with legacy
systems, enhancing products/services, changing image,
changing staff, etc.)
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What if…..
... you want to start your own dot com and go public as quick as possible
…what should you consider?
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Internet IPO Performance
Broad-based Net IPO frenzy subsiding
But Net infra-structure companies are still doing well
Source: http://www.thestandard.com
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Internet IPO $ VolumeDollar volume of Net IPOs subsiding in 2Q00
Cash for just anything.com is not as readily available
Investors more interested in building value and ROI
Source: http://www.thestandard.com
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IPO Considerations
But, you can probably still get funding if….
You have a solid business plan
Your concept is revolutionary
Your ROI is swift
Your management is seasoned
You are willing to put your own assets in the game
And you know somebody...
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Let’s say…
...you want to use the Net to build an existing business…
…how should you go about it?
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CEOs: Impact on Business...
57% say Net has changed their company business
72% say they are active in eBusiness
Source: http://www.thestandard.com
In July, 2000, A. T. Kerney surveyed 251 CEOs and reported that:
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...CEOs: Impact on Business
37% say new direct sales channel is Net’s main advantage
13% site new service delivery mechanism
Source: http://www.thestandard.com
If you are
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...CEOs: Impact on Business
Source: http://www.thestandard.com
31% plan to use Net to provide better customer service
24% plan to use Net to improve their internal processes
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...CEOs: Impact on Business
Top CEO Priorities: CRMERPeCommerce
Source: http://www.thestandard.com
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Effective Ways to Use the Net
Mass Advertising
Communication with
Employees
Communication with Vendors
Communication with Customers
Corporate Image EnhancementEnhancements in
Customer Service Levels
Cost of Doing Business
Distribution of Sales Material
Market Research on Customers &
Prospects
Employee RecruitingPress
Releases/
Publicity Campaigns
Assessment of Effectiveness of Offline Ads
Accumulation of Mailing Lists
Delivery of Preferred Customer Programs
Reductions in Customer Support
Costs
Accumulation of Qualified Sales Leads
Accumulation of Competitive
Market Research
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Strategic Considerations
Who has access to the Web?
Source: http://www.thestandard.com
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Who is spending
money on the
Web?
Source: http://www.thestandard.com
Strategic Considerations
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How much is being spent on the Net?
Strategic Considerations
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How many small business are making $ on the Web?
Source: http://www.thestandard.com
Strategic Considerations
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How do employees use the Web?
Source: http://www.thestandard.com
Strategic Considerations
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What industries are online?
Source: http://www.thestandard.com
Strategic Considerations
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Summary
In Property (or real estate) or retail selling, its…Location, location, location
On the Web its…
Plan the work then work the plan
Build value in from the start
Make money the old fashioned way--earn it.
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Reasons to join
To get FREE marketing content
To get free downloads
To get discounts on our services
To get access to our resource centre
Many other Powerpoints in this seriesin the members area