SWOT Analysis for E-Commerce
Business
Submitted by :
Name : Passakorn Hanchavee
Content
 Definition of e-commerce
 Advantages of e-commerce
 What does SWOT stand for?
 Definition of SWOT analysis
 Types of SWOT analysis
 Definition of SWOT profile
 Strengths of analysis for e-commerce business
Content
 Weaknesses of analysis for e-commerce
business
 Opportunity of analysis for e-commerce
business
 Threats of analysis for e-commerce
business
 How to start e-commerce business in
Thailand
 Conclusion
Definition of E-
commerce
 E-commerce is a short form of electronic
commerce. Basically, it is a business
transaction that occurs over online
electronic networks such as the internet
and World Wide Web.
Advantages of E-
commerce
 Use for retail, finance, traveling,
entertainment, and health
 Share business information, maintain
business relationships and conduct
business transactions by
telecommunication networks
 Deduce the distances between people
 Vendors can increase competitive
advantage
 Increases the confidence level of vendors
What does SWOT stand
for?
 SWOT stands for……
- Strengths
- Weaknesses
- Opportunities
- Threats
Definition of SWOT
Analysis
 SWOT analysis is a simple framework for
generating strategic alternatives from a
situation analysis. It is applicable to
either the corporate level or the business
unit level.
Types of SWOT Analysis
 Internal analysis
- It is about evaluation of the internal
environment's potential strength and
weakness.
- Both of strength and weakness can be
control.
 External analysis
- It includes opportunity and threat.
Definition of SWOT
Profile
 SWOT profile is the lists of SWOT that are
generated after the company analyses the
SWOT e-commerce for its business.
Strengths of Analysis for
E-Commerce Business
 Global location or the boundary less
 Time saving
 No time constraints
 The customers can compare price and product
 Reduction of logistical problems
 The vendors can communicate with consumers
directly
 Customer interaction can be improved
 Target market segmentation is flexible
Strengths of Analysis for
E-Commerce Business
 The information is simple and easier
exchange
 The transaction cost is lower
 Buying procedure is fast and quick
 No physical company set up
 Financial transactions are very fast and
can be done from any part of the world
 The investment and operating cost are low
Weaknesses of Analysis
for
E-Commerce Business
 Security matter confuses customers
especially about the payment process
 Fake websites bring bad name to e-
commerce
 Fraud
 There are a few discounts and bargaining
 Delivery timing is long
 Customers do not have any idea about
quality and physical condition of the
Weaknesses of Analysis
for
E-Commerce Business
 Limitation of products
 Lack of personal services
 The shipping cost is high
 Limited exposure
 Limited advertising
 Some customers prefer to purchase
product reaching personally to the market
Opportunities of Analysis
for
E-Commerce Business
 Customers comfort to purchase products
through the internet
 E-commerce can be operated any where any
time without any interruption
 The e-commerce companies are available 24
hours everyday
 Cut down on local competition
 Advertising is cost effective as compare to
conventional offline system.
Threats of Analysis for
E-Commerce Business
 Competitors are increasing day by day
 The trends, fashion, law, and regulations
may change
 The company's products might not be
innovative products
 The information can be misused lead to
spam e-mail or identity fraud
Threats of Analysis for
E-Commerce Business
 No direct interaction of customers and
vendors
 Fraud
 The customers face the risk when they
make transactions
 E-business has wide scope and broader
vision to grow
How to Start E-
commerce Business in
Thailand
 Survey the product or service which is trendy
and popular in that time
 Select the type of product or service that you
want to sell
 Select website or web page that you want to
introduce your product or service
 Frequent update your website or web page
 Always take care of customers even they
already purchase the product or service
Conclusion
 When you start to do e-commerce business,
you have to analyze the SWOT for e-
commerce business because you will know
the ways to maintain the strengths and reduce
the weaknesses. Furthermore, you will not
miss any opportunities that you have and you
will know how to eliminate the threats of e-
commerce business. Therefore, your company
will be able to use this SWOT profile to make
your company to succeed in this business.
References
 NetMBA.com. (2002-2010). SWOT Analysis.
Retrieved June 11, 2014, from NetMBA Business
Knowledge Center:
http://www.netmba.com/strategy/swot/
 Samin, M. A. (2012, March 2). Advanced SWOT
Analysis of E-Commerce . Retrieved June 11,
2014, from IJCSI International Journal of
Computer Science Issues:
http://ijcsi.org/papers/IJCSI-9-2-2-569-574.pdf
Grds conferences icst and icbelsh (12)

Grds conferences icst and icbelsh (12)

  • 1.
    SWOT Analysis forE-Commerce Business Submitted by : Name : Passakorn Hanchavee
  • 2.
    Content  Definition ofe-commerce  Advantages of e-commerce  What does SWOT stand for?  Definition of SWOT analysis  Types of SWOT analysis  Definition of SWOT profile  Strengths of analysis for e-commerce business
  • 3.
    Content  Weaknesses ofanalysis for e-commerce business  Opportunity of analysis for e-commerce business  Threats of analysis for e-commerce business  How to start e-commerce business in Thailand  Conclusion
  • 4.
    Definition of E- commerce E-commerce is a short form of electronic commerce. Basically, it is a business transaction that occurs over online electronic networks such as the internet and World Wide Web.
  • 5.
    Advantages of E- commerce Use for retail, finance, traveling, entertainment, and health  Share business information, maintain business relationships and conduct business transactions by telecommunication networks  Deduce the distances between people  Vendors can increase competitive advantage  Increases the confidence level of vendors
  • 6.
    What does SWOTstand for?  SWOT stands for…… - Strengths - Weaknesses - Opportunities - Threats
  • 7.
    Definition of SWOT Analysis SWOT analysis is a simple framework for generating strategic alternatives from a situation analysis. It is applicable to either the corporate level or the business unit level.
  • 8.
    Types of SWOTAnalysis  Internal analysis - It is about evaluation of the internal environment's potential strength and weakness. - Both of strength and weakness can be control.  External analysis - It includes opportunity and threat.
  • 9.
    Definition of SWOT Profile SWOT profile is the lists of SWOT that are generated after the company analyses the SWOT e-commerce for its business.
  • 10.
    Strengths of Analysisfor E-Commerce Business  Global location or the boundary less  Time saving  No time constraints  The customers can compare price and product  Reduction of logistical problems  The vendors can communicate with consumers directly  Customer interaction can be improved  Target market segmentation is flexible
  • 11.
    Strengths of Analysisfor E-Commerce Business  The information is simple and easier exchange  The transaction cost is lower  Buying procedure is fast and quick  No physical company set up  Financial transactions are very fast and can be done from any part of the world  The investment and operating cost are low
  • 12.
    Weaknesses of Analysis for E-CommerceBusiness  Security matter confuses customers especially about the payment process  Fake websites bring bad name to e- commerce  Fraud  There are a few discounts and bargaining  Delivery timing is long  Customers do not have any idea about quality and physical condition of the
  • 13.
    Weaknesses of Analysis for E-CommerceBusiness  Limitation of products  Lack of personal services  The shipping cost is high  Limited exposure  Limited advertising  Some customers prefer to purchase product reaching personally to the market
  • 14.
    Opportunities of Analysis for E-CommerceBusiness  Customers comfort to purchase products through the internet  E-commerce can be operated any where any time without any interruption  The e-commerce companies are available 24 hours everyday  Cut down on local competition  Advertising is cost effective as compare to conventional offline system.
  • 15.
    Threats of Analysisfor E-Commerce Business  Competitors are increasing day by day  The trends, fashion, law, and regulations may change  The company's products might not be innovative products  The information can be misused lead to spam e-mail or identity fraud
  • 16.
    Threats of Analysisfor E-Commerce Business  No direct interaction of customers and vendors  Fraud  The customers face the risk when they make transactions  E-business has wide scope and broader vision to grow
  • 17.
    How to StartE- commerce Business in Thailand  Survey the product or service which is trendy and popular in that time  Select the type of product or service that you want to sell  Select website or web page that you want to introduce your product or service  Frequent update your website or web page  Always take care of customers even they already purchase the product or service
  • 18.
    Conclusion  When youstart to do e-commerce business, you have to analyze the SWOT for e- commerce business because you will know the ways to maintain the strengths and reduce the weaknesses. Furthermore, you will not miss any opportunities that you have and you will know how to eliminate the threats of e- commerce business. Therefore, your company will be able to use this SWOT profile to make your company to succeed in this business.
  • 19.
    References  NetMBA.com. (2002-2010).SWOT Analysis. Retrieved June 11, 2014, from NetMBA Business Knowledge Center: http://www.netmba.com/strategy/swot/  Samin, M. A. (2012, March 2). Advanced SWOT Analysis of E-Commerce . Retrieved June 11, 2014, from IJCSI International Journal of Computer Science Issues: http://ijcsi.org/papers/IJCSI-9-2-2-569-574.pdf