Nobody downloaded yet

Chance of Success for E-Commerce - Essay Example

Comments (0) Cite this document
Summary
The purpose of this report “Chance of Success for E-Commerce” is to build a proposed website project that focuses on creating an online based business. The website will be solely responsible for individuals who are fanatics of taking pictures and sharing them with the world…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.3% of users find it useful
Chance of Success for E-Commerce
Read TextPreview

Extract of sample "Chance of Success for E-Commerce"

Download file to see previous pages Around the world, photography has become a growing interest among individuals. With the addition of phones with cameras in them, the number of pictures that an average person takes per day can be anywhere between 20 to 50 pictures. These amateur photographers also like to share their photos with others but do not have much of a platform for this. The aim of “eGallery.com” is to give these individuals a chance to show their photographs and get recognized among others for their brilliance. The target audience varies from is upcoming young artists to other keen amateur photographers who just have the desire to show their talent to the world. In short, people all around the world will be able to use this platform with registered usernames. The site will offer three different types of registrations, amateur accounts, basic professional accounts and elite professional accounts. By offering limited access to the amateur accounts, we expect most users to upgrade to one of the professional accounts to gain access to more user upload space and unlimited uploads. The amateur account and basic professional accounts will also have restrictions on the sizes of the photographs uploaded. To counter these restrictions, the elite professional account will be restriction free with unlimited photograph sizes and storage space. Also, an added online photo editor application will be available only to the elite professional users. This will target individuals who are interested in displaying their work or individuals who appreciate professional photography and are interested in buying photographs that appeal to them. Google, Bing and Facebook ads will be used to deliver the website name to the targeted people. The elements that the website will use to have an effective strategy for the website marketing are 4Ps i.e. price, promotion, place, and products. There will be very strong online competition from websites that have already been present in the market for similar purposes such as “deviantart.com”. “deviantart.com” already focuses on providing its art products to the public by purchasing them online. (Wall Art at deviantART.com). To tackle our competition, the website of eGallery.com will provide an easy platform to use and also provide online photo editing applications. The website will also provide its basic professional and elite professional accounts with free of cost advertising of their photographs. A SWOT analysis has been conducted to get a better perspective of the competition and to analyze the website and its competitor strategies. The SWOT analysis has been provided in this report. To operate our core processes, we would have the bank which would be dealing with all the online transactions of users and buyers. On the other hand, we would get a corporate account with “box.net” to counter the mass online storage of all the photos involved. “box.net” has been a leader in the field of providing professional online solutions to companies which require storage. (Simple Online Collaboration: Online File Storage). These will be our primary two agents in the middle to help us operate our website once it is up and running. An investment of roughly $7000 will also be involved in the set-up of the website. This will also involve a payment of $500 dollars every time the website needs to be updated to meet new requirements. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Chance of Success for E-Commerce Essay Example | Topics and Well Written Essays - 3500 words”, n.d.)
Retrieved de https://studentshare.org/e-commerce/1391738-ecommerce2
(Chance of Success for E-Commerce Essay Example | Topics and Well Written Essays - 3500 Words)
https://studentshare.org/e-commerce/1391738-ecommerce2.
“Chance of Success for E-Commerce Essay Example | Topics and Well Written Essays - 3500 Words”, n.d. https://studentshare.org/e-commerce/1391738-ecommerce2.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Chance of Success for E-Commerce

E-commerce

...these companies are very serious to go online therefore they are re-launching this venture rather than scrapping it. These companies are not only transferring their expertise to this venture but also are backing this company up with financial resources. Since the parent and subsidiary companies are very popular in their markets therefore this company will have a strong equity to leverage to its own equity. However the negative impact of this would be that in case of the failure of the company, the stock prices of both the parent and subsidiary company will drop thereby harming the image of these companies. FUTURE E-COMMERCE STRATEGIES: The company should focus more on its customer service. It should add...
12 Pages(3000 words)Essay

E-commerce

...is required in the organization arises out of the fact that many decisions are needed to be taken in the absence of complete information. Uncertainty raises the possibilities of different outcomes significantly for which the outcomes for each of the possibilities must be considered. For instance managers are required to manage diverse pool of employees based on different geographic locations. Extensive e-commerce activities are conducted through the work procedures between these individuals. Moreover there is extensive information sharing between individuals across diverse backgrounds. This requires high quality protection mechanisms for the same. It is not possible for the manager to eliminate...
12 Pages(3000 words)Essay

E commerce

...The origin of Tesco was started in 1919 when Jack Cohen started selling groceries from the stall in London. Since then Tesco has claimed itself as one of the leading food and grocery retailers in the world and has over 2000 store worldwide. It was rewarded to adopt award winning online strategy (Award-winning online strategy for Tesco. 2009). Over the years, the organization has focused on maintaining a successful and sustainable business model B2B and B2C.Tesco supports both terminologies in the E commerce terminology. The business to business communication and business logic is conducted between different vendors of Tesco. The deployment of applications has been implemented to support...
4 Pages(1000 words)Essay

E-commerce

...?E-commerce By Question No E-Business Models The business model is basically an operational depiction which comprises the broad information regarding the functions of a company. A model is actually an idea to generate money. The elements which are controlled inside a business model will tackle the overall tasks of a company, counting such aspects like the expenditures, profits, working policies, business formation, and trade and advertising techniques. In other words, something that has to perform with the daily operational capabilities of the company can be supposed to be element of the business model (Tatum, 2011). For this report, I have selected four business models which will be...
9 Pages(2250 words)Essay

E-Commerce

...? E-commerce Essay Table of Contents Table of Contents 2 References 10 Bibliography 12 a) The only thing that can be treated as universally constant in the world is change. Change is an irreversible process that takes its own course with the passage of time. The world today has become a highly connected and online place as compared to that of the last decade. The masses all over the world increasingly stay in a wired as well as wireless globalized zone where live communication and direct collaboration happens every hour, every minute, every second and every moment on a regular and daily basis (Solomon and Schrum, 2007, p. 8). In the middle of the 1990s, the Internet, or the World Wide Web as it is...
7 Pages(1750 words)Essay

Marketing & Commerce, E-Marketing & E-Commerce

...Marketing & Commerce, E-Marketing & E-Commerce Recent years, our society has entered to the digital technological era and the era of Communication.The great layer of information and varieties of technology become available now. The development of Internet and WWW has changed the nature of business moving towards easy assess and faster services. The mixture of traditional marketing and commerce and Internet services creates a new form of marketing: e-marketing and e-commerce. In general, e-marketing theory refers to the sale, purchase, or exchange of goods, services, or information over...
2 Pages(500 words)Essay

E-commerce

...factors to manage. Successful e-commerce brand management requires taking advantage of the innovation and flexibility made possible by e-commerce, while at the same time meeting the expectations traditionally associated with a brand name (Lucas 39). Limiting the offerings and policies to those traditionally associated with brands greatly limits the success of the e-commerce venture; but moving too far beyond traditional methods of business in an e-commerce venture can create risk to the brick-and-mortar operation. Following Hoffman and Novak (2000) companies must permit...
10 Pages(2500 words)Essay

E-commerce

..., which is complementary to the existing export marketing channel structure, improving its performance". (Houmann 2005). Furthermore the internet offers the exporters a chance to develop and study consumer behaviour closely the trends with in search based advertising.Houmann (2005) gives the example of the NikeID, which is a custom-tailored sports shoe provided directly to customers by Nike from their home page (www.nike.com).The competition is however from a new breed of "infomediaries" which through their ecommerce portals are fast developing e-commerce portals is an important new development of the growth of the internet as a trading place (or space, some might add). Conclusions...
20 Pages(5000 words)Book Report/Review

E-commerce

... starting any ecommerce project. These strategies focus on important principles and concepts that the business should consider. Following these strategies can increase the chances of success of the project significantly. Bibliography E-Commerce and E-Business Information Articles. (n.d.). Developing small business websites. Retrieved from http://ecommerce-web-development.com/articles/creating-small-business-websites.asp Rutledge, P.-A. (n.d.). Retrieved from Top 10 Strategies for Launching a Successful E-commerce Site: http://patricerutledge.com/e-commerce/ Web Transitions, Inc. (n.d.). Web site design strategies. Retrieved from http://www.webtransitions.com/articles/web-site-design-strategies.asp... The article that I have chosen is en d...
2 Pages(500 words)Essay

E-Commerce

...products to clients and give them with the information needed to make a purchasing decision. The criteria used to recommend products and services vary, as well as the specific forms of recommendation – from personalized product information to community critique (Schafer, Konstan & Riedl, 2008). Recommender application enhance the efficiency of online sales in three ways: they “convert browsers into buyers, increase cross-selling, and build loyalty” (Schafer, Konstan & Riedl, 2008). It would be fair to assume that the development of recommender applications in e-commerce mark the new stage in the development of online businesses worldwide. References Kalakota, R. & Robinson, M. (2005)....
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Chance of Success for E-Commerce for FREE!

Contact Us