Preview

Ecommerce Initiative

Powerful Essays
Open Document
Open Document
1196 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Ecommerce Initiative
This paper focuses on pointing out the way planning electronic commerce initiatives. In order to support the ideas that are going to be shown, four online articles will be cited. The articles are: Ethics in advertising by Dr. Gomathi Viswanathan, Advertising Regulation – How to avoid inciting the FTC’s wrath by Jay N. Sawyer, and New Online Marketing Regulation – The dos and don’ts by Alan J. Grainger. E-commerce initiatives
Planning electronic commerce initiatives:
There are steps that one should follow when planning for the e-business initiatives when one is using markets, processes, services and products that already exist. The first step is to come up with the e-business initiative objectives which are the accomplishments that the business intends to meet. The decisions about the objectives that the business should consider includes the risks that may arise when the initiative is being carried out and the expected costs and benefits of carrying out the initiative. The objective should also consider the way resources are to be allocated when carrying out the initiative (Schneider, 2011).
One should also analyze the scope that the initiative functions and this involves the use of online specialists that would help in the implementation of the electronic commerce initiative. This should involve the use of the data analytics and also the visual designers, people who will be involved in the interaction design and information design. One should also involve the use of specialists in marketing channel who would help in ensuring that the initiative is well promoted through the best marketing channel.
The organization should invest in the important functions that would help in promoting the online business (Mckenzie, n.d).
The team carrying out the initiative should have good communication channels that would help the organization to meet their objectives and to promote change in the organization. The team should have



References: Lang, A. (2000). Expeditions in E-commerce. Retrieved January 20, 2012, from http://www.asaecenter.org/Resources/articledetail.cfm?ItemNumber=13084 Mckenzie, S. (n.d). Getting organized: Four fundamentals for online org chart success. Retrieved January 20, 2012, from http://www.ecommerceconsulting.com/ Muylle, S. & Basu, A. (2007). How to plan E-business initiatives in established companies. Retrieved January 20, 2012, from http://sloanreview.mit.edu/the-magazine/2007-fall/49110/how-to-plan-ebusiness-initiatives-in-established-companies/ Schneider, G. (2011). Electronic commerce. Retrieved January 20, 2012, from http://books.google.co.ke/books?id=g076iLuacgC&pg=PA531&dq=planning+electronic+commerce+initiatives.&hl=en&sa=X&ei=Lx4ZT43YBIftrAfog5zkDQ&ved=0CDEQ6AEwAA#v=onepage&q=planning%20electronic%20commerce%20initiatives.&f=false

You May Also Find These Documents Helpful

  • Good Essays

    o Develop an e-business risk management plan for an organization in this industry and explain the key aspects of e-business risk manageme...…

    • 492 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Book Bunker

    • 1932 Words
    • 8 Pages

    References: Efraim Turban David King Judy Lang (02/2012). Introduction to Electronic Commerce, VitalSource eBook for DeVry University [1] (VitalSource Bookshelf), Retrieved from http://online.vitalsource.com/books/9781256517344…

    • 1932 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    5 porter

    • 1835 Words
    • 8 Pages

    One of the biggest benefits of the Internet is its ability to allow organizations to perform business with anyone, anywhere, anytime. E-business is the conducting of business on the Internet, not only buying and selling, but also serving customers and collaborating with business partners. In the past few years, e-business seems to have permeated every aspect of daily life. Both individuals and organizations have embraced Internet technologies to enhance productivity, maximize convenience, and improve communications globally. From banking to shopping to entertainment, the…

    • 1835 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    McKay, J., & Marshall, J. (2004). Strategic Management of E-Business. Milton, Old. Australia: John Wiley and Sons. Retrieved on January 20, 2010 from http://www.cmr-journal.org/article/viewFile/1165/3332…

    • 470 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Business Realities

    • 299 Words
    • 2 Pages

    E-business uses the global reach of the Internet to connect customers, vendors, suppliers and employees together, and the information they need, to do a better job. It represents a secure, reliable, scalable and manageable framework that builds on existing technology investments to prepare for the future. It is about Web-enabling core business processes to improve customer service, reduce product cycle time, get better results from limited resources and sell products electronically. As a sales associate for Avon, I found the internet to be one of the best ways to offer customer convenience and efficiency. It also allowed me a better option of virtually advertising new and upcoming sales for to customers from the convenience of my home.…

    • 299 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    James Mccaskey Case

    • 647 Words
    • 3 Pages

    Managed a project to develop e-business strategies for selected divisions (i.e., P&C Insurance, Commercial Leasing) of a global commercial finance company.…

    • 647 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Level 3 Business

    • 1150 Words
    • 5 Pages

    4. Understand the key features of planning for the increased use of e-business at different levels.…

    • 1150 Words
    • 5 Pages
    Powerful Essays
  • Best Essays

    Lucozade Case Study

    • 4407 Words
    • 18 Pages

    Turban, E., King, D., Lee, J., and Viehland, D. (2004). Electronic Commerce: A Managerial Perspective. Person Education Inc, NJ…

    • 4407 Words
    • 18 Pages
    Best Essays
  • Satisfactory Essays

    Coles pvt ltd

    • 287 Words
    • 2 Pages

    Students have been assigned an industry that will be used in the individual assignment for this unit. For your running case study for this course, you have selected one organisation from your assigned industry to focus on. Each week, your tutorial will consist of a further exploration into this organisation’s e-Business and e-Commerce implementation and how it impacts on their business. This week our focus is on:…

    • 287 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    In today’s world Internet has become a major source for marketing. Ebusiness is the conducting of business on the Internet, not only buying and selling, but also serving customers and collaborating with business partners. Electronic business methods enable companies to link their internal and external data processing systems more efficiently and flexibly, to work more closely with suppliers and partners, and to better satisfy the needs and expectations of their customers.…

    • 1190 Words
    • 5 Pages
    Better Essays
  • Best Essays

    Executive Summary of Amazon

    • 3297 Words
    • 14 Pages

    11. Zorayda Ruth Adam. (2003). e-Commerce and e-Business. Available: http://www.apdip.net/publications/iespprimers/eprimer-ecom.pdf. Last accessed 29th Jan 2011.…

    • 3297 Words
    • 14 Pages
    Best Essays
  • Good Essays

    Nowadays e-business is a major thing and millions of people are using it so the government, business organisations and individuals have to plan for the growing use of business.…

    • 618 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Ecom Paper

    • 2050 Words
    • 9 Pages

    Turban, E. (2008, February 15). Introduction to the E-Business Plan Tutorial. Retrieved May 9, 2010, from http://wps.prenhall.com/bp_turban_introec_2/103/26527/6791152.cw/index.html…

    • 2050 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    In an effort to obtain and sustain a competitive advantage, the Novartis firm allocated resources toward developing and implementing a successful e-Business strategy. This presented analysis focuses on the following:…

    • 862 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    In the next chapter, the strategic groups are discussed. Two of the strategic groups have been considered in the whole E-business industry for the purpose of analysis. Then each of the groups has been analyzed through the information regarding its different companies. Three companies have been considered from each strategic group for the information to collect and analyze. Information from each of the company is then collected and organized in terms of their product or service range, cost of product or service, payment methods and functionality of business operation.…

    • 6254 Words
    • 26 Pages
    Powerful Essays