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Launching a Successful Online Business and EC Projects

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Presentation on theme: "Launching a Successful Online Business and EC Projects"— Presentation transcript:

1 Launching a Successful Online Business and EC Projects
Chapter 16 Launching a Successful Online Business and EC Projects

2 Learning Objectives Understand the fundamental requirements for initiating an online business. Describe the process of initiating and funding a startup e-business or large e-project. Understand the process of adding EC initiatives to an existing business. Describe the issues and methods of transforming an organization into an e-business. Describe the process of acquiring websites and evaluate building versus hosting options.

3 Learning Objectives Understand the importance of providing and managing content and describe how to accomplish this. Evaluate websites on design criteria such as appearance, navigation, consistency, and performance. Understand how search engine optimization may help a website obtain high placement in search engines. Understand how to provide some e-commerce support services. Understand the process of building a webstore. Know how to build a webstore with templates.

4 Getting Into E-commerce and Starting a New Online Business
An E-Startup Is a Startup *Business model

5 Getting Into E-commerce and Starting a New Online Business
Creating a New Company or Adding an Online Project Identify a consumer or business need in the marketplace Investigate the opportunity Determine the business owner’s ability to meet the need Some Tips for Success Cloning

6 Getting Into E-commerce and Starting a New Online Business
Planning Online Businesses *Business Plan The *Business Case Funding a New Online Business First Round of Initial Funding: *Angel Investors and *Incubators *Crowdfunding Second Round Financing: *Venture Capital Additional Funding: A Large Partner The Initial Public Offer (IPO)

7 The Cost-Benefit Elements of a Business Case

8 Adding E-Commerce Initiatives Or Transforming to an E-Business
Adding EC Initiatives to an Existing Business What Is Organizational Transformation? How an Organization Can Be Transformed into an E-Business Software Tools for Facilitating the Transformation to E-Business Change Management

9 Building or Acquiring a Website
Classification of Websites *Informational website *Interactive website *Attractors *Transactional website *Collaborative website *Social-oriented website

10 Building or Acquiring a Website
Building a Website Steps in Building a Website Select a Web host Register a domain name Create and manage content Design the website Construct the website and test Market and promote the website

11 The Process of Building a Website

12 Website Hosting and Obtaining a Domain Name
Web Hosting Options *Storebuilder Service  A Dedicated Hosting Service *Web hosting service *Self-Hosting Free Web Hosting Services Selecting and Registering a Domain Name *Domain name The Essentials of Domain Names

13 Web Content Creation and Management
Categories and Types of Content *Dynamic Web content Primary and Secondary Content *Cross-selling *Up-selling Promotions Comments

14 Web Content Creation and Management
Content Management and Maintenance *Content management Content Management Software (System) Catalog Content and Its Management

15 Website Design Information Architecture for a Website *Site Navigation
Site Map and Navigation Performance (Speed) Colors and Graphics

16 A Simple Hierarchical Website Structure

17 A Typical Navigation Bar

18 Web Page Layout Grid

19 Website Design Website Usability Software for Helping Web Designers
Usability Is a Combination of Factors Intuitive design Ease of learning Efficiency of use Memorability Error frequency and severity Subjective satisfaction Software for Helping Web Designers What Annoys EC Customers?

20 Providing E-Commerce Support Services
Who Builds the Website? Payments: Accepting Credit Cards Website Promotion Internal Website Promotion Search Engine Optimization (SEO) An Example: How Does Baidu Succeed?

21 Opening a Webstore Options for Acquiring Webstores
Build them from scratch Build them from components Build with templates (storebuilders and dedicated Web hosting) Identifying Requirements and Selecting a Development Option Customers Merchandising Sales service Promotions Transaction processing Marketing data and analysis Branding

22 Opening a Webstore Yahoo! Small Business
Take a Tour and See the Videos Using the Templates

23 Managerial Issues What does it take to create a successful online business? Is creating a website a technical task or a management task? How do we attract visitors to the website? How do we turn visitors into buyers? Are best practices useful? What should my new business give to the funders? What are important factors for successful website management?

24 Summary Fundamental requirements for initiating an online business.
Funding options for a startup online business. Adding e-initiatives. Transformation to e-business. Website hosting options for an online business.

25 Summary Provide content that attracts and keeps website visitors.
Design a visitor-friendly site. Search engines optimization is a critical success factor. Provision of support services. The process of building a webstore. Using templates to build a webstore.


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