Expanding into E-Commerce - 1421 Words

Expanding into E-Commerce Off the Boardwalk and into the World Wide Web: A Four Point Analysis 1) The purpose of this section if to provide a SWOT analysis for a small, local clothing store on the New Jersey Boardwalk looking to transition into the online market place. Any boutique clothing store like the one provided has many strengths. The companys unique style helps differentiate it from its competitors. In addition, the company is small and flexible which enables it to employ different talents, ranging from domestic to international, to meet their project needs (Pinker, 2002). Of course, any such company has its weaknesses. The company is a local clothing store which means it is dependent on its manufacturers and variations in material and labor costs of third parties producers. Another problem that any small clothing store faces is coming up with new innovative ideas that fit to mass customization for their customers (Alexander, et al., 2003). Any small, local company looking to expand into the online market place also has numerous opportunities. Their business currently comes from customers walking up and down the boardwalk which has a limited season. By expanding to the internet, they will dramatically increase the number of customers exposed to their merchandize on a global scale. Mass production by the company will allow customers to get what they want but dilute their individual uniqueness (Pinker, 2002). Lastly, by orienting their sales to the onlineShow MoreRelatedBusiness Case Study : Electronic Commerce941 Words   |  4 PagesElectronic Commerce is the process of exchanging products and services or information with the help of computer networks, which includes the Internet (Turban, King, McKay, Marshall, Viehland, 2008). We can classify e-commerce by their relationship among different participants in the following types (Turban, King, McKay, Marshall, Viehland, 2008). Business-to-Business (B2B): All the participants in this model are business organizations. For example, Dell applications include B2B with their suppliersRead MoreSmall And Medium Enterprises ( Smes )1423 Words   |  6 Pagestheir services 24 hours a day and 7 days a week. The implementation of e-commerce eliminate these adverse conditions and promotes SMEs to extend wider markets without expanding their physical presence (Quaddus Hofmeyer, 2007). E-commerce has a strong appeal to SMEs because it is able to make geographic locations, distances and time irrelevant (Premkumar Roberts, 1999). Owing to the great impact of e-commerce on SMEs, e-commerce has become an significant part of consideration in business and entrepreneurshipRead MoreEconomy And Market Analysis Of The United Arab Emirates893 Words   |  4 Pagesstability that is the result of lowering energy prices. Further, inflation is expected to be at 2.8% in 2017, hence expecting tightened monetary policy. Abu Dhabi and Dubai together contribute 80% of the UAE’s total income. Economic prosperity, expanding population and rising consumer’s propensity to spend is leading to increased investments in retail industry by the corporate and private equity investors. Other booming industry is tourism. Overall competitive strengths the economy boasts are infrastructureRead MoreEssay about The ECommerce Environment of Singapore1496 Words   |  6 Pagesequipment, rubber products and rubber processing, processed food and beverages, ship repair, entrepot trade, biotechnology, and financial services. Technological Infrastructure for E-commerce Singapore has a business environment that is conducive to the support of the E-commerce environment. The E-commerce environment consists of the physical internet network, components, and internet services. The environment also includes a collection of supports and incentives to assist and promote theRead MoreCustomer Centric Organization, Excellent Management Flexibility836 Words   |  4 PagesStrengths †¢ Biggest e-commerce retailer †¢ AmazonPrime membership, free-shipping †¢ Leader in the cloud †¢ High market share †¢ Global brand reputation †¢ Kindle eBook market †¢ Evolving unique production †¢ Customer-centric organization, excellent management flexibility †¢ Variety of products and services Weaknesses †¢ Potential patent infringement †¢ Outages on Amazon’s web servers †¢ Licensing issues with eBooks Opportunities †¢ Rising opportunities in e-commerce sales †¢ Advertising through social mediaRead MoreImpacts Of E-Commerce On Developed And Developing Countries.1296 Words   |  6 Pages Impacts of E-commerce on developed and developing countries Chahat Singla NAIT Bachelor of Technology in technology management Applied Research Methods (RSCH3000) Contact: chahatsingla10@gmail.com Introduction E-Commerce is a method for working together exchanges by means of the web. It deals with establishing customer to buyer relations, business to business (B2B) purchasing and offering. It involves exchanging items or administration using computers. There are many advantages and disadvantagesRead MoreThe Global Leader in E-Commerce1605 Words   |  7 PagesBeing a Fortune 500 company, Amazon, started by Jeff Bezos in 1995, is the global leader in e-commerce. Amazon offers a wide variety of products, ranging from hardcover books to jewelry to electronics, as conveniently as possible to its customers (About Amazon, 2009). Although Amazon has begun to revolutionize retailing, the company’s competitive advantage and evolution has been put into question. The competitive advantage and evolution of Amazon can be analyzed by determining if the company if movingRead MoreE Commerce And Social Media915 Words   |  4 Pagesentering their store in the e-commerce and social media outlets. This will bring positive results to the problem statement which are the following challenges: †¢ Identify their target market †¢ Generate promotional pricing/point of purchase (P.O.P) displays †¢ Generate a company website/Email database †¢ Expanding the store’s social media outlets beyond Facebook However, the hypothesis for the company would be to produce a positive outcome based upon the natural results of expanding the boutique’s targetRead MoreImpact Of E Commerce On International Trade Essay1045 Words   |  5 PagesE-COMMERCE ON INTERNATIONAL TRADE MUKESHV.M , (MCom,MBA Finanace,MPhil) Assistant Professor In Commerce And Management Studies, Mar Osthastheos College (Affiliated To University Of Calicut) Perumpilavu,Kunnamkulam,Thrissur-680519Ph:04885 282000Mob:9895617021Email:Mukeshmurli640@Gmail.Com Abstract The purpose of the present study is to investigate the impact of E-Commerce on international trade . electronic commerce offers economy wide benefits to all countries. The gains are likely to be concentratedRead MoreSwot Analysis Of Amazon1025 Words   |  5 PagesAmazon is a Fortune 500 e-commerce company based in Seattle, Washington, the company being one of the first largest to sell goods over the internet. In 1994, Jeff Bezos launched Amazon, the next year the business took off. Amazon originally started out as an online bookstore quickly diversifying its self by adding music, DVD’s, video games and clothing. These days’ amazon sells everything you can think of, including groceries and delivers right to your door. Amazon considers itself a customer centered