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E-models

                             Chapter 3




Presented By: Neisha Byron               Wednesday, February 29, 2012
Overview


E-models facilitate the collaboration and interactive
communication between an organization, its
customer, suppliers, distributors and other
stakeholders by incorporating the use of search
engines, digital media, Web 2.0 and social networks.




                          2
Use of E-models

Organisations use E-models to primarily do either of the
following:
   Create traffic flows - by the way of search intermediaries
   (Google, Yahoo!), media sites (Facebook, Twitter, YouTube)
   and destination sites (American Chamber of Commerce of
   T&T)
   Generate revenue - by use of things such as PayPal,
   Subscriptions, Sponsorship and Cost Per Thousand display
   advertising
   Overall e-models may confer a competitive advantage for an
   organisation or firm.

                               3
Keys to Developing Successful
    E-marketplace Models

These include:
 Developing good brand strength
 Identifying different customer segments
 Using a combination of main Search Engines,
 keyphrases, social media and blogs
 Fusion of quality products, quality service and
 quality sites



                         4
Keys to Developing Successful
E-marketplace Models cont’d

Developing a good brand strength –
 Offline advertising is important in shaping consumer perceptions of
  brands and driving visitors to destination sites (Mixed mode of your
  product offering).
 Consumers are more likely to naturally turn to a company’s product
  offering when selecting a product or service. Therefore, it encourages
  repeat business and lifetime loyalty.
 Helps to deal with the positive and negative impacts of online
  comparisons.
 Trusted brands which developed customer loyalty are in a good position
  to succeed online since consumer behaviour is to go straight to the site by
  entering an URL or searching for the brand.

                                    5
Keys to Developing Successful
E-marketplace Models cont’d

Identifying different customer segments - business,
distributors, etc.
Using a combination of main Search Engines, keyphrases,
social media and blogs –
 Search engines – e.g. Google, Yahoo!
 Keyphrases – use keyphrases with 4 or more keywords
 Blogs & Social Media - creating and maintaining good
  conservations, supporting participation and empowering
  participants
Fusion of quality products, quality service and quality sites -
 Quality products, quality service and quality sites are the basic
  prerequisites for encouraging online customer loyalty. Loyal customers
  become advocates for the company, however in return the company
  must ensure and reassure customers’ privacy is respected and protected.

                                  6
K.C. Confectionery Limited




            7
http://www.kccandy.com/




                          8
The End




   9

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Generating a custom Ruby SDK for your web service or Rails API using Smithy
 

E-models

  • 1. E-models Chapter 3 Presented By: Neisha Byron Wednesday, February 29, 2012
  • 2. Overview E-models facilitate the collaboration and interactive communication between an organization, its customer, suppliers, distributors and other stakeholders by incorporating the use of search engines, digital media, Web 2.0 and social networks. 2
  • 3. Use of E-models Organisations use E-models to primarily do either of the following: Create traffic flows - by the way of search intermediaries (Google, Yahoo!), media sites (Facebook, Twitter, YouTube) and destination sites (American Chamber of Commerce of T&T) Generate revenue - by use of things such as PayPal, Subscriptions, Sponsorship and Cost Per Thousand display advertising Overall e-models may confer a competitive advantage for an organisation or firm. 3
  • 4. Keys to Developing Successful E-marketplace Models These include: Developing good brand strength Identifying different customer segments Using a combination of main Search Engines, keyphrases, social media and blogs Fusion of quality products, quality service and quality sites 4
  • 5. Keys to Developing Successful E-marketplace Models cont’d Developing a good brand strength – Offline advertising is important in shaping consumer perceptions of brands and driving visitors to destination sites (Mixed mode of your product offering). Consumers are more likely to naturally turn to a company’s product offering when selecting a product or service. Therefore, it encourages repeat business and lifetime loyalty. Helps to deal with the positive and negative impacts of online comparisons. Trusted brands which developed customer loyalty are in a good position to succeed online since consumer behaviour is to go straight to the site by entering an URL or searching for the brand. 5
  • 6. Keys to Developing Successful E-marketplace Models cont’d Identifying different customer segments - business, distributors, etc. Using a combination of main Search Engines, keyphrases, social media and blogs – Search engines – e.g. Google, Yahoo! Keyphrases – use keyphrases with 4 or more keywords Blogs & Social Media - creating and maintaining good conservations, supporting participation and empowering participants Fusion of quality products, quality service and quality sites - Quality products, quality service and quality sites are the basic prerequisites for encouraging online customer loyalty. Loyal customers become advocates for the company, however in return the company must ensure and reassure customers’ privacy is respected and protected. 6