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1 13. (Contents) E-Commerce Business and Projects 13. E-Commerce Business and Projects Launching a Successful Online Business and EC Projects Contents Code: 166140-01+02 Course: Electronic Commerce Period: Autumn 2011 Professor: Sangwon Lee, Ph.D.

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13. (Contents) E-Commerce Business and Projects

13. E-Commerce Business and Projects

Launching a Successful Online Business and EC Projects

Contents

• Code: 166140-01+02 • Course: Electronic Commerce • Period: Autumn 2011 • Professor: Sangwon Lee, Ph.D.

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13. (Contents) E-Commerce Business and Projects

• 01. Electronic Commerce • 02. E-Marketplaces • 03. Retailing • 04. Consumer Behaviors and Marketing • 05. Business-to-Business E-Commerce • 06. Collaborative Commerce • 07. Innovative Systems • 08. Social Networks • 09. Mobile Commerce • 10. E-Commerce Security • 11. E-Commerce Services • 12. E-Commerce Strategy • 13. E-Commerce Business and Projects • 14. E-Commerce Applications and Infrastructures

Contents

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13. (Lecture) E-Commerce Business and Projects

Lecture

• Code: 166140-01+02 • Course: Electronic Commerce • Period: Autumn 2011 • Professor: Sangwon Lee, Ph.D.

13. E-Commerce Business and Projects

Launching a Successful Online Business and EC Projects

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13. (Lecture) E-Commerce Business and Projects

• 01. Understand the fundamental requirements for initiating an online business. • 02. Describe the process of initiating and funding a start-up e-business or large e-project. • 03. Understand the process of adding EC initiatives to an existing business. • 04. Describe the issues and methods of transforming an organization into an e-business. • 05. Describe the process of acquiring Web sites and evaluating building versus hosting options. • 06. Understand the importance of providing and managing content and describe how to accomplish this. • 07. Evaluate Web sites on design criteria, such as appearance, navigation, consistency, and performance. • 08. Understand how search engine optimization can help a Web site obtain high placement in search engines. • 09. Understand how to provide some major support e-services. • 10. Understand the process of building an online storefront. • 11. Be able to build an online storefront with templates.

Learning Objectives

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13. (Lecture) E-Commerce Business and Projects

• Getting into E-Commerce • Almost any e-commerce initiative will require support activities and services, as well as plans for attracting visitors to a Web site

• Developing a Web site • Hosting the Web site and selecting and registering a domain name • Developing, updating, and managing the content of a Web site • Designing a Web site for maximum usability • Providing support services

01. Getting into E-Commerce

http://www.szcpost.com

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13. (Lecture) E-Commerce Business and Projects

• An E-Start-Up is a Start-Up • Creating a new company or adding an online project

• 1) Identify a consumer or business need in the marketplace • 2) Investigate the opportunity • 3) Determine the business owner’s ability to meet the need

02. Starting a New Online Business

http://www.rylanclayne.com

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13. (Lecture) E-Commerce Business and Projects

• Online Business Planning • Business plan

• A written document that identifies a company’s goals and outlines how the company intends to achieve the goals and at what cost.

• Business case • A document that justifies the investment of internal, organizational resources in a specific application or project.

02. Starting a New Online Business

http://www.malaysiaclassifieds.webs.com

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13. (Lecture) E-Commerce Business and Projects

• Funding a New Online Business • First round of initial funding

• Angel investor • A wealthy individual who contributes personal funds and possibly expertise at the earliest stage of business development.

• Second round of financing • Venture capital (VC)

• Money invested in a business by an individual, a group of individuals (venture capitalists), or a funding company in exchange for equity in the business.

• Additional funding • A large partner

• Initial public offering (IPO)

02. Starting a New Online Business

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13. (Lecture) E-Commerce Business and Projects

• Adding EC Initiatives to an Existing Business • A storefront • A portal • E-procurement • Auctions and reverse auctions • Other initiatives

02. Starting a New Online Business

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13. (Lecture) E-Commerce Business and Projects

• Transforming to an E-Business • Brick-and-mortar (old economy) organizations

• Pure-clicks (or virtual or pure-play) organizations • Clicks-and-mortar (or clicks-and-brick) organizations • Business process reengineering (BPR)

02. Starting a New Online Business

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13. (Lecture) E-Commerce Business and Projects

• Transforming to an E-Business • Business process management (BPM)

• Method for business restructuring that combines workflow systems and redesign methods; covers three process categories—people-to-people, systems-to-systems, and systems-to-people interactions.

• Software tools for facilitating transformation into e-business • Change management (CM)

02. Starting a New Online Business

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13. (Lecture) E-Commerce Business and Projects

• Roadmap to Becoming an E-Business

02. Starting a New Online Business

Introduction to Electronic Commerce, Ed. 2, Efraim Turban et al., Pearson

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13. (Lecture) E-Commerce Business and Projects

• Classification of Web Sites • Informational Web site

• A Web site that does little more than provide information about the business and its products and services.

03. Building or Acquiring a Web Site

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13. (Lecture) E-Commerce Business and Projects

• Classification of Web Sites • Interactive Web site

• A Web site that provides opportunities for the customers and the business to communicate and share information.

03. Building or Acquiring a Web Site

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13. (Lecture) E-Commerce Business and Projects

• Classification of Web Sites • Attractors

• Web site features that attract and interact with visitors in the target stakeholder group.

03. Building or Acquiring a Web Site

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13. (Lecture) E-Commerce Business and Projects

• Classification of Web Sites • Transactional Web site

• A Web site that sells products and services.

03. Building or Acquiring a Web Site

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13. (Lecture) E-Commerce Business and Projects

• Classification of Web Sites • Collaborative Web site

• A site that allows business partners to collaborate.

03. Building or Acquiring a Web Site

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13. (Lecture) E-Commerce Business and Projects

• Building a Web Site • Step 1: Select a Web host • Step 2: Register a domain name • Step 3: Create and manage content • Step 4: Design the Web site • Step 5: Construct the Web site and test • Step 6: Market and promote the Web site

03. Building or Acquiring a Web Site

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13. (Lecture) E-Commerce Business and Projects

• Web Hosting Options • Storebuilder service

• A hosting service that provides disk space and services to help small and microbusinesses build a Web site quickly and cheaply.

04. Web Site Hosting and Domain Name

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13. (Lecture) E-Commerce Business and Projects

• Web Hosting Options • Web hosting service

• A dedicated Web site hosting company that offers a wide range of hosting services and functionality to businesses of all sizes.

04. Web Site Hosting and Domain Name

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13. (Lecture) E-Commerce Business and Projects

• Web Hosting Options • Mirror site

• An exact duplicate of an original Web site that is physically located on a Web server on another continent or in another country.

04. Web Site Hosting and Domain Name

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13. (Lecture) E-Commerce Business and Projects

• Web Hosting Options • Co-location

• A Web server owned and maintained by the business is given to a Web hosting service that manages the server’s connection to the Internet.

04. Web Site Hosting and Domain Name

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13. (Lecture) E-Commerce Business and Projects

• Web Hosting Options • ISP hosting service

• A hosting service that provides an independent, stand-alone Web site for small and medium-sized businesses.

04. Web Site Hosting and Domain Name

http://tech-wonders.blogspot.com

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13. (Lecture) E-Commerce Business and Projects

• Web Hosting Options • Self-hosting

• When a business acquires the hardware, software, staff, and dedicated telecommunications services necessary to set up and manage its own Web site.

04. Web Site Hosting and Domain Name

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13. (Lecture) E-Commerce Business and Projects

• Registering a Domain Name • Domain name

• A Web address that identifies a user (organization) via its Internet-connection server. It creates the Uniform Resources Locator (URL).

04. Web Site Hosting and Domain Name

http://nandaginda.tistory.com

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13. (Lecture) E-Commerce Business and Projects

• Registering a Domain Name • Domain name registrar

• A business that assists prospective Web site owners with finding and registering the domain name of their choice.

04. Web Site Hosting and Domain Name

http://www.life123.com

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13. (Lecture) E-Commerce Business and Projects

• Categories and Types of Content • Dynamic Web content

• Content that must be kept up-to-date.

05. Content Management

http://www.nearlyanerd.com

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• Categories and Types of Content • Commodity content

• Information that is widely available and generally free to access on the Web.

http://www.thoughtmechanics.com

05. Content Management

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13. (Lecture) E-Commerce Business and Projects

• Categories and Types of Content • Primary and secondary content

• Cross-selling • Offering similar or complementary products and services to increase sales.

• Up-selling • Offering an upgraded version of the product in order to boost sales and profit.

http://ebusinessfacets.endeca.com

05. Content Management

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13. (Lecture) E-Commerce Business and Projects

• Digital Content Delivery Life Cycle

Introduction to Electronic Commerce, Ed. 2, Efraim Turban et al., Pearson

05. Content Management

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13. (Lecture) E-Commerce Business and Projects

• Creation or Acquisition? • Buying content • Buying from a syndicator

• Syndication • The sale of the same good (e.g., digital content) to many customers, who then integrate it with other offerings and resell it or give it away free.

• Web syndication • A form of syndication in which a section of a Web site is made available for other sites to use.

05. Content Management

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13. (Lecture) E-Commerce Business and Projects

• Creation or Acquisition? • Representative content-related vendors • Content delivery networks • Personalized content

• Web content that matches the needs and expectations of the individual visitor.

• E-newsletter • A collection of short, informative articles sent at regular intervals by e-mail to individuals who have an interest in the newsletter’s topic.

• Writing effective content

05. Content Management

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13. (Lecture) E-Commerce Business and Projects

• The Syndication Supply Chain

Introduction to Electronic Commerce, Ed. 2, Efraim Turban et al., Pearson

05. Content Management

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13. (Lecture) E-Commerce Business and Projects

• Content Management • The process of adding, revising, and removing content from a Web site to keep content fresh, accurate, compelling, and credible.

http://www.volacci.com

05. Content Management

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13. (Lecture) E-Commerce Business and Projects

• Types of Content Management • Content testing and updating • Measuring content quality • Pitfalls of content management • Content removal • Content management software • Catalog content and its management • Content maximization and streaming services

http://www.volacci.com

05. Content Management

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13. (Lecture) E-Commerce Business and Projects

• Web Site Design Criteria • Navigation • Consistency • Response time • Appearance • Quality assurance • Availability • Interactivity • Content • Usability • Security • Scalability

06. Web Site Design

http://blogs.afterabc.co.kr

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13. (Lecture) E-Commerce Business and Projects

• Information Architecture • How the site and its Web pages are organized, labeled, and navigated to support browsing and searching throughout the Web site.

06. Web Site Design

http://blogs.afterabc.co.kr

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13. (Lecture) E-Commerce Business and Projects

• Information Architecture • A simple hierarchical Web site structure

06. Web Site Design

Introduction to Electronic Commerce, Ed. 2, Efraim Turban et al., Pearson

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13. (Lecture) E-Commerce Business and Projects

• Information Architecture • A simple linear Web site structure

06. Web Site Design

Introduction to Electronic Commerce, Ed. 2, Efraim Turban et al., Pearson

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13. (Lecture) E-Commerce Business and Projects

• Site Navigation • Aids that help visitors find the information they need quickly and easily.

06. Web Site Design

http://webdesignscotland.springnote.com

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13. (Lecture) E-Commerce Business and Projects

• Site Navigation • A typical navigation bar

06. Web Site Design

Introduction to Electronic Commerce, Ed. 2, Efraim Turban et al., Pearson

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13. (Lecture) E-Commerce Business and Projects

• Site Navigation • A Web page layout grid

06. Web Site Design

Introduction to Electronic Commerce, Ed. 2, Efraim Turban et al., Pearson

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13. (Lecture) E-Commerce Business and Projects

• Miscellaneous • Performance • Colors and graphics • Usability (of Web site)

• The quality of the user’s experience when interacting with the Web site.

06. Web Site Design

http://www.volacci.com

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13. (Lecture) E-Commerce Business and Projects

• Who Builds the Web Site?

07. Providing EC Support Services

http://webdesign111.springnote.com

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13. (Lecture) E-Commerce Business and Projects

• Payments: Accepting Credit Cards • Card-not-present (CNP) transaction

• A credit card transaction in which the merchant does not verify the customer’s signature.

http://edwindwianto.wordpress.com

07. Providing EC Support Services

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13. (Lecture) E-Commerce Business and Projects

• Web Site Promotion • Internal Web site promotion

• Signature file • A simple text message an e-mail program automatically adds to outgoing messages.

• Search engine optimization (SEO) • The application of strategies intended to position a Web site at the top of Web search engines.

http://www.demya.com

07. Providing EC Support Services

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13. (Lecture) E-Commerce Business and Projects

• Customer Relationship Management (CRM) • Using content to build customer relationships

http://telecorp-services.blogspot.com

07. Providing EC Support Services

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• Options for Acquiring Storefronts • Build them from scratch • Build them from components • Build with templates (storebuilders)

08. Opening a Web Storefront

http://www.shutterstock.com

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13. (Lecture) E-Commerce Business and Projects

• Options for Acquiring Storefronts • Selecting a development option

• Customers • Merchandising • Sales service • Promotion • Transaction processing • Marketing data and analysis • Branding

08. Opening a Web Storefront

http://northbird.blogspot.com

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13. (Lecture) E-Commerce Business and Projects

• Yahoo! Small Business • Take a tour • Using the templates

08. Opening a Web Storefront

http://www.blippitt.com