2. Introduction
Electronic business, commonly referred to as
“e Business" or "e-business", or an internet
business, may be defined as the application of
information and communication technologies (ICT)
in support of all the activities of business. Commerce
constitutes the exchange of products and services
between businesses, groups and individuals and can
be seen as one of the essential activities of any
business. Electronic commerce focuses on the use of
ICT to enable the external activities and relationships
of the business with individuals, groups and other
businesses.
3. Definition: Electronic Business
An process that an organization conducts over a
computer-mediated network
Production – procurement, ordering, stock
replenishment, payment processing, production
control, etc.
Customer-focused – marketing, selling, customer order
processing, etc.
Internal or management-focused – employee service,
training, recruiting, information sharing, etc.
4. Definition: Electronic-Business
Infrastructure
The share of total economic infrastructure used
to support e-business processes and conduct e-
commerce transactions.
Hardware
Software
Telecommunication networks
Support services
Human resources
5. Why E-Business?
Lack of time at public or consumer
Flexibility in timings for payment
Easy delivery at door steps
Planning for payment
Safe transactions
6. ImplementImplement
OpportunityOpportunity
AnalysisAnalysis
Re-Re-
AssessAssess
Understand BusinessUnderstand Business
ImplementationImplementation
PlanningPlanning
‘‘Traditional’:Traditional’: ImplementImplement
OpportunityOpportunity
AnalysisAnalysis
Re-Re-
AssessAssess
Understand Electronic BusinessUnderstand Electronic Business
ImplementationImplementation
PlanningPlanning
‘‘E-Business’:E-Business’:
Definitions of the future are ‘fuzzy’
Permanent and unpredictable change in the
business and technology environment
Time to market and speed are major competitive factors
Continuous learning & fast adaptation is required
Characteristics of an “Electronic Business
journey”:
Definitions are clear
No change in the business and technology
environment
High time pressure
Continuous learning
Traditional business organization
‘develop step by step’:
e-Business vs Business
E-Business is not a project - but rather a journey that requires vision and non-linear procedures
7. New Business Rules from
E-Business
Customers determine everything.
Knowledge and information become more
valuable than physical assets.
People want more choices of products and
services.
Time is present time, distance is zero.
Technology and network determine how
the business is conducted.
9. The Benefits of e-Business
Generate additional Revenues
New markets
New products
New customers
Reduce Costs (Integration and ‘Collaboration’)
Process efficiency
Reduce IT variety and -complexity
Synergies with other initiatives
Customer Retention (‘Added Services’ and ‘Virtual Community’)
Know more about your customers
Integrated channel management
Proactive and personalized offerings
Improve Image / Position Brand
Applying innovative technologies
Leadership enterprise
Address younger customer segments
Not to miss the boat
Keeping options open
Acquire know-how
Focused investments
10. CONT…..
More product/service selections
Higher Productivity
Improved accessibility and convenience
Better availability of information
Shorter lead time
Improved communication
Stronger competitive position
12. Cont….
Cisco (financial management)
Nike (product design)
Jet Blue Airlines (customer service & ticketing)
Dell Computer (customer ordering & service)
Boeing (flight manuals, maintenance documents, spare
parts to order)
Garden.com (drop ship)
AlliedSignal (operations scheduling & supply chain)
Starbucks (smart cards & web access)
13. What are the E-Marketing tools?
The Internet has a number of tools to offer to the
marketer.
A company can distribute via the Internet e.g.
Amazon.com.
A company can use the Internet as a way of building
and
maintaining a customer relationship e.g. Dell.com.
The money collection part of a transaction could be
done online
e.g. electricity and telephone bills.
14. CONT….
Leads can be generated by attracting potential
customers to
sign-up for short periods of time, before signing up for
the longterm
e.g. which.co.uk.
The Internet could be used for advertising e.g. Google
Adwords.
Finally, the web can be used as a way of collecting
direct
responses e.g. as part of a voting system for a game
show