E-com Elements.role Nd Internent Implementation

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    E-commerce

    involves business communication andtransmissions over networks and throughcomputers, specifically the buying and selling ofgoods and services, and the transfer of funds

    through digital communications.

    Whats the big deal?

    Perspectives

    Communications Business

    Service

    Online

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    Key Elements Supporting

    E-commerce

    Internet

    History

    Intranet Internal Internets

    What do they do?

    Extranet Business partners

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    Types of E-commerce

    Interorganizational E-commerce Supplier management Inventory management Distribution management Channel management

    Payment management Intraorganizational E-commerce

    Workgroup communications Electronic publishing Sales force productivity

    Business-to-Consumer E-commerce

    Product information Sales Service Payment Marketing research

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    The Strategic Role of E-commerce

    What can it do? Communication device with customers

    Alternative distribution channel

    Valuable medium for delivering services Tool for gathering marketing research

    data

    Method for supply chain integration

    Extends reach

    Integrate into day-to-day

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    The Strategic Role of E-commerce

    Internet can cause some companiesto fail

    How?

    Internet should complement existingtechnology

    Porters take

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    The Strategic Role of E-commerce

    What else can it do?

    Enhance customer focus,responsiveness, and relationships

    Reduces transaction costs

    Integration into supply chain

    Focus on core business

    Access global markets

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    Crafting an E-commerce Strategy

    Look at:

    Customers and markets

    Competitive threats

    People and infrastructure

    Sources and operations

    Delineating Objectives

    Synchronize with strategy

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    Crafting an E-commerce Strategy

    Target a specificmarket

    Build recognition ofcompany name

    Convey a cutting edgeimage Conduct market

    research Interact with existing

    customers Real-time information

    about customers,products, etc.

    Sell products andservices

    Sell more efficiently Advertise in a new

    medium Generate leads Provide customer

    service medium Build strong

    relationships

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    Internet Strategy Implementation

    Internet Product

    Website

    Successful design

    Internet catalogs Reverse auctions

    Channel Considerations

    Automated services

    Effect on Current Intermediaries

    Disintermediation

    Can be a cheap method of distribution

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    Internet Strategy Implementation

    Internet Pricing

    Impact of new markets

    Real-time advantages

    Levels

    Online information

    Database publishing

    Customer self-service Transactions

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    Internet Strategy Implementation

    Internet Promotions

    Meet Customer Requirements

    Complements personal selling

    Role of sales force

    Other promotions