This business plan of working out an online site for selling of paintings and handicrafts is a viable proposition provided all the factors listed in this proposal fall effectively into place and customer is convinced of the fact that the painting being purchased is not a fake but a genuine one…
Download file to see previous pages...
Government incentives to prep up this technology and support programmes to reach a larger customer base have paid dividends. (Payman, Rosemario et al, May 2006) 3. Social factors like the willingness of the both the newer and older generation who have embraced this technology and have asserted themselves in becoming computer literate. (Zorayda Ruth Andam, 2003) 4. Economic factors where higher GDP growth has lead to higher incomes have provided incentives to people to look for alternative shopping options. Innovations in banking like net banking, debit card and credit card banking have also helped customers to try out this area of virtual shopping. (Payman, Rosemario et al, May 2006) With these infrastructures in place the idea of a online site for quality paintings seems to be a workable proposition especially since the market for interior decoration is booming and there are people who, similar to gold are willing to invest in painting as they see it fetching them an exponential return should they plan to sell the same in the future. Marketing Concepts for the e-commerce environment and the use of social networking sites Some of the different models of e-commerce used for marketing of a product include B2B (business-to-business), business-to-consumer (B2C), business-to-government (B2G), consumer-to-consumer (C2C) and mobile commerce (m-commerce) 1. In the B2B model, businesses sell their products to other businesses. This model of marketing forms a significant chunk of the e-commerce market. (Zorayda Ruth Andam, 2003) This employs techniques such as e-distributor where a company hosts products viable for use in different businesses. 2. In the B2C model, the business transaction takes place...
Business Plan for setting up an e-commerce site
As a business plan, the idea is to introduce a segment that would target a niche audience as well as create a platform for others to showcase their products on the website. I plan to develop a website that would cater to the lovers of art and painting. As part of my research I have found that there are limited areas where true connoisseurs of art are able to purchase quality painting or works of art. In cases where an actual physical auction takes place, some buyers miss the event simply due to their ignorance regarding the sale or they are not able to make it to the event due to prior commitments. The idea of such a website is that information regarding the best pieces of art that are up for sale are sourced from various countries through a ground network and these works are actually showcased in this website. A minimum price is fixed along with a cut off date so that art lovers can place their bid by the closing date. After the closing date & time, the piece would be shipped to the customers shipping address provided in the transaction using the services of a reliable courier like Fedex. The money after taking a percentage cut would be transferred via net banking to the creator of the artistic piece.
A robust infrastructure has already proved to be quite effective in the rapid growth of e-commerce.The business plan draft required in this assignment is a form of C2C commerce wherein a website designed by me shall act as a platform for online auctions for products related to paintings and other crafts.
...Download file to see next pagesRead More
Cite this document
(“Business Plan for setting up an e-commerce site Coursework”, n.d.)
Retrieved from https://studentshare.org/e-commerce/1460493-business-plan-for-setting-up-an-e-commerce-site
(Business Plan for Setting up an E-Commerce Site Coursework)
“Business Plan for Setting up an E-Commerce Site Coursework”, n.d. https://studentshare.org/e-commerce/1460493-business-plan-for-setting-up-an-e-commerce-site.
The research would provide useful insights regarding the competitive environment of the company observed. The paper will discuss the business description, products offered, mission statement and goals. It will also discuss the business models, marketing strategy, and competition analysis. MyName-MyShop aims at establishing itself as the people’s online market for all their needs.
This report presents an analysis of an e-commerce business. In this report I have chosen an online business known as GAP enterprise. This firm uses its web based platform to sell high quality dresses and fashion accessories to a wide variety of customers.
This report will examine the impact of electronic commerce and marketing in the commercial activities of the companies and management issues that might t arise from electronic commerce and adopt the crucial ways to address those issues that might be regarded as critical to the company by management.
The reality we live in today can be described as an Internet-boom or even Internet revolution, as performing many of the 'traditionally offline' activities in the WWW has been growing more and more popular, and conducting business in the Internet brings more and more profit.
With Internet technology fast becoming an integral part of the business environment, most e-commerce is conducted over the Internet, though not exclusively.
Smart card technology and electronic kiosks that do not utilize the Internet are also considered as e-commerce applications.
human brain would require time enough to relate the title Moving Sounds with music on wheels – which would have been a far more apt title, but would still require an explanatory subtitle. Neither does the title bar of the browser window say anything more. A look at the HTML
easingly available and they may contain sensitive information such as credit card numbers, bank account numbers and identifying data, which can be accessed by unauthorized persons. In general, when customers purchase goods online, they may enter their details into encrypted
Ictbuild Ltd. is a producer of software systems for construction companies. They have different clients with different needs and they are doing their best to provide products and services (including the hardware and software) that suits their clients need
baskets throughout the UK using an advanced shopping cart system that will provide a unique online shopping experience to the customers and the consumers, which in this case are the recipients.
The service will not only provide quick and fresh flower delivery to its customers
7 Pages(1750 words)Coursework
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Coursework on topic Business Plan for setting up an e-commerce site for FREE!