Amazon.com

We are living in world of technology, everything we see around us is digital, like computers, watch, mobile even we do shopping online.

So buying and selling through internet is called electronic commerce or Ecommerce, where people all over the world buy the product and pay through the internet banking transaction.

There are many many successful business in this ecommerce but one of the most successful business through online is www.amazon.com

Amazon.com is an american multinational company and the world larget online retail shop, its headquater is in seattle, washington. The company was founded in 1994, on the 1st year of operation Amazon only used to sell books and couldn't make profit until 1999. But end of 2000 it was the world larget book store, after that internet took a rapid change in world. amazon.com jeff Bezos knew that they can sell other product as well so end of 1999 they start selling movies, in 2005 they start selling designer clothes and other apparels.

After that year Amazon.com was the number one online site in the ecommerce world.

from above chart we can say that how each quarter Amazon is making profit.
　
　
　References:
www.Amazon.com extracted on 28th of july 2012
www.wikipedia.com extracted on 29th july 2012
www.ecommerce.com extracted on 29th of july 2012

TOP Four Strategies For Successful E-Commerce

E-commerce is the process which buying and selling of products and services by businesses and consumers over the Internet. People use the term and condition about selling item according to describe encrypted payments on the Internet. Sometimes these payement transactions include the real-time transfer of funds from buyer it mean paypal to seller and sometimes this is handled manually through an eft-pos terminal once a secure order is received by the merchant.


Every year internet sales are increasing rapidly as consumers take advantage of lower prices offer by wholesalers retailing their products. customer can compair price through the internet and they can chose rifht and lower price goods. every business have a goal which any online business is to sell something.It can be a service, a product or simply information.Which trend is set to strengthen as web sites address consumer security and privacy concerns. so consumers will be expecting more from online. Embracing the latest techniques can invigorate every business and help increase sales.


Here some point and strategy for successful e commerce these are following:-

Image is Everything:When we make website for goods, web site should reflect how you want customers to feel about your business. The site must be professional looking and easy to understand and find the goods which we provide in online.The content which we provided should be relevant to the needs of the customer. Make a professional looking and attraction blogs.Make sure blogs are easy to update and have lots of other features about goods that a normal website do not have.


When we provide a good s on web site it should be easy on graphics and other bells and whistles.These things tend to slow down page loads. A easy navigation system is one of the most important Internet business strategies. The average customer doesn’t want to sit through mini films or music interludes to get to the information desired. If web pages take too long to open, customers will fell unhappy..

Marketing is King:
Actualy marketing is the major part for e-business. when we sell goods from the internet we have to put every detail about all good like goods describe, price etc. use mainly search engines to find information online.If you are going for the search engines we can must choose relevant keywords for efficient search engine optimization.Use specific terms that relates as closely as possible to what you are selling. Links to your web page are another important Internet business strategy.Links increase visitors who often become customers. Relevancy is key; links to your home page should be from sites with topics closely related to your business.


we can make better web site and techniques with other strategies as well.From social sites you will get valuable links back to your website and people to visit your website..


we can also try off line marketing for online business.For instance, using postcards or writing an article about your eBusiness in the local paper.Place an advertise in the Yellow Pages or industry trade magazines can also be a good option.It is good to know for people that an article in your local newspaper is not cheap so you will need to have a good marketing budget. some time offer for discount programme which also cheap method for selling iteams.

Information Content:
In web site we can provide selling product or service, news about product or service impact interesting facts related to your internet business, and perhaps articles.Many website visitors will appreciate the information, and this can turn into sales for you.

Customer Friendly:
If eBusiness customers are the general public,its easy to go on the industry. Use "nose jobs" more than "rhinoplasty" if your cosmetic surgery site is aimed at patients rather than fellow medical personnel. This is important also when choosing keywords for search engines.


These were 4 simple but very effective strategies you can use to build your business to get customers and sales.
REFERENCESS:-http://www.tlmarketing.net/top-4-strategies-for-successful-ecommerce/

en.wikipedia.org/wiki/ECommerce

http://www.business2community.com/online-marketing/top-10-ecommerce-strategies-for-2011-04434#Od670PstDstYqRxq.99

http://www.tlmarketing.net/top-4-strategies-for-successful-ecommerce/
http://www.online-retail.com.au/online-strategy/5-rules-to-a-successful-e-commerce-website-implementationhttp://www.online-retail.com.au/online-strategy/

eCommerce strategies

The illusion of knowledge: When more information reduces accuracy and increases confidence

The ultimate bottom line in every manger’s job is to succeed in helping an organization to achieve high performance by using all of the human and material resources. If productivity in the form of high levels of performance effectiveness and efficiency is a measure of organizational success, managers are largely responsible for ensuring its achievement. It is their job to successfully mobilize technology and talent by creating work environments within which others work hard and perform to the best of their abilities

Managers are constantly called upon to make decisions in order to solve problems. Decision making and problem solving are ongoing processes of evaluating situations or problems, considering alternatives, making choices, and following them up with the necessary actions. Sometimes the decision-making process is extremely short, and mental reflection is essentially instantaneous. So all of the mangers must have the capabilities to recognize performance problems and opportunities in daily events. Make good decisions and take appropriate action. They do this through the process of management- i.e planning, organizing, leading and controlling the use of resources to accomplish performance goals.

In this article, we discuss that more knowledge can reduce the accuracy of prediction of uncertain outcomes and simultaneously increase confidence in prediction. Here writer focus on the prediction of sports outcomes for two reasons, first these are uncertain events about which people have general knowledge and second it is possible to randomly sample these events. As critics of the heuristics-and-biases approach have pointed out, demonstration that a bias leads to suboptimal performance require random sampling of events from the domain of prediction (Gigerenzer, Hoffrage, & Kleinbolting,1991) otherwise, suboptimal performance can be attributed to a biased sample of events. Here writer saying that the accuracy of judgments is assessed against an external criterion-that real outcome of the predicted events-and one can find task domains where inconsistent judgments are as accurate as consistent judgments derived from rational models (Gigerenzer&Goldstein, 1996;Gigerrenzer et al., 1999). That is, biases judgments are not necessarily less accurate than unbiased judgment. As noted above, a fair test of accuracy of judgments requires random sampling of events in naturalistic environments. Here In all experiment, author randomly sampled National Basketball association (NBA) games. In experiment 1, author demonstrates that knowledge of team names increases the confidence in the predictions of basketball fans. In experiment 2, author demonstrate that this knowledge reduces the accuracy of prediction of both fans and non-fans despite the fan’ beliefs that this knowledge improves their predictions. In experiment 3, author show that the familiarity of the team systematically biases predictions. Finally experiment 4, demonstrates that, when betting on their own predictions (with their own potential winning at shake), basketball fans earn less when presented with the team names in addition to the statistical information, even in a setting when feedback about judgments is presented.

After author report the basic phenomena in the experiments, they present analyses across all experiments addressing the underlying judgmental mechanisms. In the case of confidence, we argue that knowledge of team names cues specific knowledge about the teams and that this knowledge inflates confidence in predictions. This claim is supported by: (a) the finding that knowledge of team names increases confidence of only those participants knowledgeable about basketball and (b) correlation and regression analysis demonstrating that frequency of watching basketball on television is positively correlated with confidence in predictions, but only when the team names are provided.

In the case of accuracy, author makes two broad claims about the observed more-is-less effect. First, they argue that knowledge of team names reduces the weight of statistical cues on prediction and that this reduces the overall accuracy of both fans and non-fans. Because each participant predicted a number of games, they would compute the influence of statistical information on their predictions. They show that this influence is significantly reduced when team names are provided. They also show that the decreased reliance on statistical information in the names condition mediates the effect of team names on accuracy. The second claim is that knowledge of team names does not simply introduce random noise in predictions but introduces systematic biases. They address one such bias, namely predicting that more familiar teams are more likely to win even when the statistical odds clearly favored the less familiar teams.

    From this article we can say that in certain situation, people may be better off consulting fewer pieces of information when making decisions. Specifically, when an uncertain event can be statistically characterized, it would be best not to consult any “event-specific” information. However, this runs against the intuitions of people knowledgeable about the particular domain under consideration. From above case study, the majority of basketball fans believed that knowledge of the names would improve their predictions. Not surprisingly, when given these names, fans became more confident. This constellation of factors-additional information is believed to improve the decision but its effect is to reduce accuracy-produces “the illusion of knowledge” effect. Because this effect is based on the powerful intuition that more knowledge is beneficial for decision, it may be very difficult to dissuade people from using ‘event- specific’ information. Despite the lack of evidence for this phenomenon, it is nearly impossible to convince basketball fans9unless they are dedicated students of judgment and decision-making) of its unreality. The illusion of knowledge is related to at least other three phenomena: the hindsight bias (Fishhoff, 1975), the curse of knowledge (Aamerer,Loewenstein, &Weber, 1989) and the illusion of transparency(Gilovich, savitsky, &Medvec,1989). In fact, participants felt competent when evaluating stocks with more familiar names. People also exhibit a “home bias”(allocating more funds to domestic vs. foreign assetd) and asset name familiarity bias(allocating more funds to stocks with grater name recognition). The biases in all of the cases, from the prediction of basket ball games to the allocation of assets, can be traced to illusions of knowledge.

    Thus at the contrast, we can say that decision making is a criteria with out specific knowledge, vision, statistical analysis and proper judgment a manger can’t give a proper direction, guidelines and the intuitions cant get its specific achievement so, The illusion of knowledge: When more information reduces accuracy and increases confidence is true.

References

Arkes, H. R., Dawes, R. M., & Christensen, C. (1986). Factors influencing the use of a decision rule in a probabilistic task. Organizational Behavior and Human Decision Processes, 37, 93–110.

Bastardi, A., & Shafir, E. (1998). On the pursuit of useless information. Journal of Personality and Social Psychology, 75(1), 19–32.

Boyd, M. (2001). On ignorance, intuition, and investing: a bear market test of the recognition heuristic. The Journal of Psychology and Financial Markets, 2(3), 150–156.

Camerer, C., Loewenstein, G., & Weber, M. (1989). The curse of knowledge in economic settings: an experimental analysis. Journal of Political Economy, 97, 1232–1254.

Cooper, H., DeNeve, K. M., & Mosteller, F. (1992). Predicting professional sports game outcomes from intermediate game scores. Chance: New Directions for Statistics and Computing, 5(3–4), 18–22.

Increasing e-Business Value

SEO can increase your e-business value
       Site engine optimization or SEO is one of the most important ways in which you can book your rankings on the major search engines especially Google. With this privileged position you will be able to attract premium traffic for your chosen key words. If the customers like your products then they will buy them and you will eventually increase the level of profitability within your organization. You need to follow the basic rules that are set as part of the agreement with the search engine. Otherwise you might end up getting banned.Managing your e-business cycle
There are cyclical differences in the responses that you get from your business. There will be times when there are few customers. This is the time where you need to plan and improve your processes. At the time where the customer numbers rise it would be very difficult for you to keep up with daily administrative duties. The business cycle is all about knowing the dynamics of the market. You might also be required to respond to unexpected events such as a spike in demand for your products. These responses will determine your level of success.

Niches can help you to increase e-business values
You should always look for niches instead of going with the generic models. The traffic that comes onto the internet is roughly divided according to the requirements of the clients. You need to ensure that there is a strategy for tapping into niches. Instead of selling shoes you need to think about niche items such as baby shoes. That way you will focus your attention on a particular segment. Customers like to feel that they are being catered for on a bespoke basis. It will make them return for more goods and services from your company.

The less obvious paths in e-business can be lucrative
Lazy entrepreneurship involves simply going for the easiest items on the net. These are the website owners who will trawl for the fastest selling items and then try to mimic the successful companies. Remember that there are millions of websites that are vying for the same niche. You need to establish frontiers by becoming a pioneer online. Look for the products that at first appear to be unattractive. If you can apply the best business sense then you can convince members of the public to buy them. The classic case is organic living. At one point it was a much despised niche but now is the mainstream.
You are in e-business for the long haul
The instant profit model is a myth. You have to put in the work and wait patiently for the results to start trickling. There is need for good investment in the product. You might even have to employ a loss leader strategy in order to survive the market. These are considerations which you should never take lightly. Instead look for opportunities to ensure that your business is sustainable. It took some time before anyone became enthusiastic about drop shipping. Today it is the toast of the town.

REFERENCESS
http://ebusinessunit.com/increasing-e-business-value/

Ethical Concerns When Conducting E-Business

E-business is defined as doing business over the Internet. For example, if you go to a website and use your credit card to make a purchase, you've just participated in e-business. Aside from the common ethical issues presented with operating and running a business, e-business brings an entirely new set of concerns to the table.

Universal Business Ethics

• While an e-business differs in many ways from traditional brick-and-mortar businesses, there are still many similar rules and ethics you should follow. Whether the business is in a physical building or online, honesty and customer satisfaction should be two of the most important aspects of a business. Similarly, a company's integrity can either drive away or attract customers.

Security

• Online security is important to e-business ethics because if your business is secure, so are your customers. Threats range from viruses to spyware to hackers and much more, which is why using tools such as firewalls, SSL certification, password protection and data encryption are paramount to good e-business ethics.
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Marketing

• Ethics play a large role in the marketing strategies of online businesses. For example, it's unethical to send spam and junk mail as a marketing campaign. Similarly, good ethics dictate that you only email those who opt-in to a mailing list. Such mailing lists are also required by law to give the subscriber the option to opt-out and stop receiving emails from you.

Scamming

• Scamming customers is unethical, no matter how you look at it. Scams are lies or clear overexaggeration intended to trick customers into paying for something. Scamming customers is one of the quickest ways to lose trust and any chance of repeat business. A good e-business ethic is to never conduct a scam or associate with those who perpetuate Internet scams.

Terms of Service

• Businesses that require users to sign up or login to use their service should have clearly defined terms of service. This will help improve the image of a company by promoting honesty. Also, with terms of service agreements, customers can clearly read everything involved with what they're about to sign up for.

Privacy

• Privacy is one of the largest ethical concerns surrounding e-business. Customers expect complete privacy when it comes to the information they give businesses online. When a customer gives you his e-mail address, phone number or other personal information, he expects that it won't be sold to an outside party. An example of bad privacy ethics is DoubleClick. DoubleClick, an Internet marketing firm, was caught monitoring the names and addresses of web users, often even monitoring actual web activity.

REFERENCESS:-
  Ethical Concerns When Conducting E-Business | eHow.com http://www.ehow.com/list_6746700_ethical-concerns-conducting-e_business.html#ixzz1wA1yRkh4

 Extended Communities for Future E-Business

This article is written by Jonathan MITCHENER Some have predicted e-business will be the "Killer App" of the Internet. Whether or not this is the case, there is great potential for organizations doing business online (in both the mass market to consumers and between each other in industry) to take it far beyond that which we know as e-business today. This paper describes the state of the art in e-business that  is yet to be fully realized, but then goes further to review radical ways in which the technology of tomorrow will allow whole supply chains to cooperate electronically to meet customers' needs. In addition, it suggests that if such a future scenario can be achieved, it will reduce operational costs and foster closer and more productive relationships between providers of products and services and their customers. Indeed it may even be a stimulus to re-engineer organizations themselves. As more and more companies trade by e-commerce, they become part of online communities made up of their own departments and those of their suppliers and customers. The secure infrastructure in which this e-commerce takes place is becoming known as a community of interest network (CoIN). These are typically created from Internet protocol (IP), virtual private network (VPN), or extranet technology. Once such a CoIN is established, its members can easily use the secure online environment to publish and share information and communicate with each other. This information can be the business knowledge essential to enable commercial revenue generation.

Directory enabled networks (DEN) allow management control based upon parameters and profiles. These are contained within a specialized (optimized for reading) database known as a directory. The directory contents are typically queried using a streamlined open standard such as the lightweight directory access protocol (LDAP). Directories offer much higher read performance for such queries over a traditional (e.g., relational) database. They may be scaled, distributed over networks, and replicated for resilience or performance.

Modern workflow technology allows processes to be defined and executed such that human and automated steps can be efficiently combined to deliver a result. Roles of people can be referenced such that delegation or automatic resource load balancing can be achieved. Combining workflow technology with directory-enabled CoINs provides a means to enable end-to-end automated business processes along the length of entire supply chains. The people and the roles and responsibilities they fulfill are examples of profiles held in the directory. The distributed nature of the directory over an IP-based CoIN allows the management of such profiles to be distributed too.

This scenario, although not yet common today, is the assumed state of the art in e-business and the foundation for the remainder of this paper. It is illustrated in figure 1. The next section compares the current situation with this scenario. The remainder will concentrate on how this situation could be taken even further, with a specific look at the need to cope with global diversity in communities. A section describing practical experience of work done to test aspects of the research ideas is also included.

Figure 1

The world today

With the explosion in numbers of organizations having an Internet presence, it is easy to assume that e-business has already arrived. However, when analyzed, e-business currently means little more than repeated e-commerce transactions. While it is true that customers are increasingly able to interact with back-office systems of commercial enterprises to identify required products and services, place orders, and make payments over the Internet, there is little evidence of community, transferred responsibilities, or end-to-end process automation.

 When a transaction takes place in this current scenario, it is often piecemeal in the sense that the online experience for the customer probably takes no account of previous or potential future transactions. Current transactions are typically isolated with respect to other services and aftercare. (For example, an order is submitted online, but any after-sales care has to be done by another means.) From the commercial organization's viewpoint, the infrastructure it uses to communicate with customers is often different from what it uses for online processes. Either way, the notion of total e-business is absent..

Current business processes have, in most cases, simply been transcribed to an online equivalent. Customers are given limited access to the systems of the company they do business with. The company defines, controls, and therefore takes responsibility for the processes that customers can interact with and there is little if any scope for tailoring of the customer's part in the process to match their way of working.

Tomorrow's e-business

Having analyzed traditional approaches to e-business and current examples of online business process automation, the remainder of this paper discusses ideas to extend e-business beyond tomorrow. In particular, as well as building on the aspects of community, responsibility transfer, and whole-supply-chain automation, it incorporates a number of specific advanced principles:

·         Widening of communities to indirect parties

·         Deepening of communities to build trust-based e-business relationships

·         Symmetrical responsibility design

·         Policy-driven e-business

·         Autonomous management within communities

·         Knowledge-directed data sharing

The following sections now look at each of these in more detail. Each section ends with a brief reference to the technology trends that will support these principles.

Extending the communities

Extension by width

Extension by depth

The importance of symmetry

Autonomous management by policy

Knowledge-directed data

Coping with global e-business diversity

Extended communities for e-business may span a global reach. There is therefore an inherent need to ensure that the inevitable rich diversity that occurs globally can be accommodated. It is insufficient to be "connected" by a ubiquitous IP network if the community you belong to neither understands you, nor you it. There are a number of areas of diversity to contend with, including.

1,Business culture: Propositions, transaction requests and responses, presentational issues, and degrees of formality.

2,Economics: Value definitions, payment methods, and currency.

3,Business law: Regulation, governance, trading law, the meaning of contract, etc.

4,Language: Semantics and lexicon differences, both general and industry-sector-specific.

Experience of communities for e-business BT has significant experience on which to base this research work. It has one of the largest intranets in Europe and is a global supplier of IP networks to other organizations. Extranets have been implemented in a number of areas, such as between the marketing group and contracted advertising companies to share and communicate campaign media. BT also supplies IP virtual private networks (VPNs) to global companies and is an established customer of other organizations that lead the way in e-business (e.g., Cisco).

In conclusion, The natural consequence of much of the extended e-business approach of the future described here is the whole re-engineering of organizations from the top down, to reflect new cultures and arrangements for e-business. Although as yet unproven, those who take the risk and move to this way of doing business are likely to radically reduce their costs, harness the trust of suppliers and customers for reliable repeat business, and improve their levels of service.

Indeed the flexibility of organization needed to cope with this type of e-business (as well as the configurability of the supporting systems and processes) will also permit those who embrace it to move quickly to take advantage of new businesses and markets as opportunities arise.

References

1, The Automotive Network Exchange "ANX". http://www.aiag.org/anx

2, Cisco Connection Online CCO. http://www.cisco.com/public/regben.html

3, Omar A El Sawy, Arvind Malhotra, Sanjay Gosain, Kerry M Young, "The relentless pursuit of 'Free.Perfect.Now': IT-enabled value innovation at Marshall Industries," September 1997. http://adv.onewebsystems.com/sim/library/doc/paper1.doc

4, J Dobson, M Martin: "The Ontology of Enterprises and Information Systems," Association for Information Systems 1997 Americas Conference Indianapolis, Indiana, August 1997 http://hsb.baylor.edu/ramsower/ais.ac.97/papers/dobson.htm

5, Microsoft Active Directory http://www.microsoft.com/windows2000/library/technologies/activedirectory/

6, RosettaNet. http://www.rosettanet.org/

HOW TO DEVELOP A SUCCESSFUL E-BUSINESS

When it comes time to your e-commerce site together there are a couple of things that you may need to consider and realize in order to fulfill the qualifications of a successful e-commerce website. The first thing that should be most apparent is that when it comes to e-commerce it is not about building just a website. Remembering one of the key functions of e-commerce is it is an important channel that delivers the function of the business to the consumer. According to EcommercePartners.net, when starting out you need to "build a business, not a website". The website is merely a delivery channel for your business. You need to make that delivery channel the most efficient and easy to use tool that helps you reach the customers in a unique way. The proper preparation for your website should require you to consider the E-commerce Requirement Specifications (ERS). ERS methodology is "A consistent step-by-step approach that combines industry best practices to guide your e-commerce site development." There are three stages of the ERS methodology that should be put to practice in order to achieve successful planning for an e-commerce website. These include: Research & Strategy, Planning, and Information Architecture.

1.) Research & Planning
Client interviews should be considered and be taken seriously. Should aim questions at potential customer segments to create a company vision and to decide on what naming and terminology should be used. The e-commerce site objectives and business goals should be constructed and focused around your clients wants and needs.
.Need to develop a target audience based around demographic, gender, age, socio-economics, geographic location, specific needs, exposure to current product, etc. You should also understand your primary, secondary, and tertiary customer segments.
Your competitive analysis should take into account your direct online competitors site’s layout, model, and its functionality. Also you should research what your competitors are good at and where they lack skills. Also examine similar niche sites like yours to learn more about your competitors and even your own business.
The SEO Keyword Research (Search Engine Optimization) is an important factor in bringing your site up when people search for it online. Purchase Google Ad Words and make sure that your keywords have relevancy and popularity.
Last you should manage your objectives and your client’s expectations through creating desired features and functionalities in order to support your product and customer. Need to create your market share goals that should be reached by certain times in order to work toward success. Finally a budget must be introduced that will enable your product and website development
2.) Planning
The user and functional requirements such as defining basic site functionality, advanced and unique site functionality, characterizing custom user requirements, or defining user profile management requirements are necessary for creating a functional site. Also identifying transactional functions such as the shopping process and its integration with backed systems like inventory systems is very important. Finally you should define administrative functionality and requirements.
Your search and content requirements are definite aspects of your website that need to be considered such as defining search behavior and advanced search features to support the location of information for your customers.
The technical requirements for your e-business should include expected user volumes, security requirements(ex: https), performance requirements such as page load time, support requirements, database sizes and types, and supported browser types.
A few of the SEO requirements you need to take into account are: URL structure definition, homepage and all landing page content accommodation, metadata scripting, dynamic site maps management, internal search management and tracking, and analytics code implementation.
The planning of your landing page should consider its layout and structure as well as the landing page cross links and cohesiveness.
Last, the visual elements of the site should be focused on as well as the aspects that the users/customers will notice first. This plan should encompass the brand identity, the type of audience, the tone and imagery of the website, and the overall message your site conveys.
3.) Information Architecture
An important element that should be integrated into your website should be a navigation tree that helps direct the user browsing in the site. This should ensure a positive experience that the user should engage in.
The different areas of your website and products should be: clustered into similar areas/items, prioritized in groups by importance, highlight important items and place them in a more visited part of the site, and add navigation aids such as site maps, quick links, and cross links.
The "labeling & thematic architecture" should deal with defining a unique and clear label for each product/item (ex: product category). You should make sure the labeling is well-organized and easily seen. Also make sure there is no related category overlaps between the different labels.
A very important aspect is the functional design of the e-commerce website. Functional design ensures that the customers know exactly what the site is providing and the opportunities they face. Designers and software developers should know exactly how and what they should execute. A functional design identifies all features on a page and where each item should be placed. A functional design also calls for you to sketch all site pages from homepage and landing pages to specific pages.
You need to prioritize your features such as the most important features are prominently positioned on the page in a way that conveys the message of their importance.
Finally, most importantly, the User Experience Guidelines should be implemented. These guidelines should require you to have creative designers and software programmers to create user-friendly experience when users interact with your e-business site. You should also set measurable usability goals that can be applied (ex: time, accuracy, overall success, and user satisfaction).
According to EcommercePartners.net, who implemented this whole strategy, the outcome of these steps that call for certain actions and requirements provide anyone who is developing or designing an e-business, "with the necessary blueprints and guidelines to implement and deliver an e-commerce site that generates real economic results and continuously exceeds your expectations

Referencesshttp://www.ecommercepartners.net/Services/Ecommerce-Consulting/Ecommerce-Strategy.shtml#

www.ebstrategy.com/books/e-business2.0/default.htmlHYPERLINK "http://webcache.googleusercontent.com/search?q=cache:ZP_Ch_ue_SgJ:www.ebstrategy.com/books/e-business2.0/default.html+&cd=3&hl=en&ct=clnk&gl=au"

10 ways your company can benefit from online video

http://www.youtube.com/watch?v=hjtEraCpX-0

Early Investers drop facebook and its value in recent market

This article is published on Monday in the Australian Financial review magazine. Which is one of the popular business magazine in a Australia. The CEO and founder of Facebook, Mark Zuckerberg, rings the bell at the Nasdaq stock market on Friday, as shares in the social media giant go on sale. Facebook, which has 900 million users, is valued at $104bn, more than the combined value of Nike and Goldma Sachs. Facebook is to sell shares at $38 each and this magazine clearly mention that the early facebook share holder drop by $41.50 decreasing to $38.50. one of the Australia’s biggest investment funds plans to dump its entire facebook stake quickly as analysts and fun managers predict the social media giant will struggle to boost returns. Queensland Investment Corporation, which manages more than $60 billion in assets and was an early investor in Facebook, said it had no plans to be a long-term investor, a sign of the scepticism in the investment community about Facebook’s high valuation.

Individual investors from Australia and around the world are keen on the stock.

Facebook was floated on the Nasdaq Stock Exchange by its founder and chief executive, Mark Zuckerberg, on Friday. The shares struggled to stay above the initial listing price of $US38 a share and closed the day up 0.6 per cent at $US38.23 a share.

QIC’s head of global private equity, Marcus Simpson, said the investment manager bought shares in Facebook long before it was hyped as one of the world’s top technology companies.

“We got into Facebook at such a low [price] point compared to now where it has a $US104 billion valuation,” he said. “So it means we’ve made many multiples and it’s been a great success.”

The departure of early investors such as QIC has been cited as a reason Facebook’s price failed to rise faster. Economic turmoil in Europe is also a factor. Even Facebook directors, including Accel Partners’ James Breyer and Peter Thiel, used the float to cut their stake in the company. Wilson Asset Management founder Geoff Wilson said the float was “grossly overvalued and an unproven concept in terms of making money compared to its valuation”.

Aberdeen Asset Management managing director Hugh Young said he’d rejected an offer of Facebook stocks based on governance and price.

Mr Simpson said: “In all these young tech companies you will definitely see volatility. Our journey with Facebook has been a good one and is probably coming to an end [and] we will seek to exit our shares as soon as they become liquid.”

The warnings from fund managers and analysts have not stopped retail investors from buying Facebook shares in record numbers. CommSec normally executes an average of 100 foreign share trades per night. The online broker traded a record 290 on Facebook when it floated.

“That’s a good deal more than we’ve ever done in any of the others even after accounting for Google and the like,” CommSec general manager of retail distribution Brian Phelps said. “Beyond the trades, our telephones have been ringing off the hook for the last fortnight and especially on opening night . . . and in the last two months we’ve trebled the foreign accounts we’re opening per day.”

He warned investors to treat Facebook as a long-term investment rather than a short-term money-spinner as the company figured out how to compete with Google and spend the money raised from the share listing.

By reviewing this article we can say that the face book, social network business is very successful in this time and its value is 104 billion in a share market due to the social network and internet flexibility, availability and demand of new generation. According to the market investor and share market analyzer they predict that the share of face book will be go rise and it will be value like as Google share which is top successful social information business in the world. Investor criticized total share value of facebook is $US 104 billion which is very high rate in a market because of demand of people to invest in share is also very high. I was amazed at that opening price, for a company that makes nothing and sells nothing except advertising in a social network. Investors, who cannot use their own judgment should never be compensated. Everyone knows that shares can go down as well as up. They should suck it up and get on with their rich lives. They cannot lose if they are compensated when the shares slump. Surely common sense prevails at some point doesn`t it. Before you buy shares you do your research and evaluate the price of those shares from that research. The ask price on these shares didn`t stack up from the get go......I also wonder how many of those people who bought in would be crying "stinking fish" if their shares had appreciated instead of depreciated !!. Has bounced back to $32.55 but that's no guarantee it's not heading down to 38c! Zuckerberg clearly planned to bail while the going was good. No faith in his own product evidently. Thus we can say that sharemarket and its value was differentiated by information technology, marketing, advertising and social connection.

References:-

www.afr.com

www.google.com

http://www.dailymail.co.uk/news/article

TYPES OF E-COMMERCE

The Five Different Types of E-Commerce
           E-commerce is the process of buying and selling of various products and services by businesses through the Internet. It deals various kind of business concern, from retail site of the consumer, which includes auction . The main focus is to concentrate on business substitutes involving goods and services between various corporations.

E-commerce is the purpose of Internet and the web to Conduct business but when we concentrate on commercial deals among organizations and individuals demanding selective information systems under the guarantee of the firm it accepts the form of e-business. Nowadays, the word ‘e’ is hitting momentum. If you’re looking to get into this business, one of the fore most thing you have to have is a virtual private cloud hosting keeping the traffic in mind and respecting customers valuable time.

Business to Consumer (B2C):-

   B2c is the indirect trade between the company and consumers. It provides direct selling through online. For example: if you want to sell goods and services to customer so that anybody can purchase any products directly from supplier’s website.
Directly interact with the customers is the main difference with other business model. As B2B it manages directly relationship with consumers, B2C supply chains normally deal with business that are related to the customer.

Business to Business (B2B):-

          B2B stands for Business to Business. It consists of largest form of Ecommerce. This model defines that Buyer and seller are two different entities. It is similar to manufacturer issuing goods to the retailer or wholesaler. Dell deals computers and other associated accessories online but it is does not make up all those products. So, in govern to deal those products, first step is to purchases them from unlike businesses i.e. the producers of those products.
“It is one of the cost effective way to sell out product through out the world”
Benefits:

• Encourage your businesses online
• Products import and export
• Determine buyers and suppliers
• Position trade guides

Consumer to Consumer (C2C)

         It is a discipline that deal itself which assists people to instantly shares related computer files and computer sources without having to interact with central web sserver. If you are going to implement this model, both sides demand to instal the expected software so that they could able to convey on the mutual platform. This kind of e-commerce has very low revenue propagation as from the starting it has been tended to the release of use due to which it sometimes caught involved in cyber laws.

Peer to Peer (P2P):-

            It is a discipline that deal itself which assists people to instantly shares related computer files and computer sources without having to interact with central web server. If you are going to implement this model, both sides demand to install the expected software so that they could able to convey on the mutual platform. This kind of e-commerce has very low revenue propagation as from the starting it has been tended to the release of use due to which it sometimes caught involved in cyber laws.

m-Commerce:-
           

It deals with conducting the transactions with the help of mobile. The mobile device consumers can interact each other and can lead the business. Mobile Commerce involves the change of ownership or rights to utilize goods and related services 

REFERENCES:-
http://www.designzzz.com
wiki.answers.com
onlinebusiness.volusion.com/articles/e-business-solution-e-commerce

Electronic  business commonly known as e business or an internet business. This term was put in effect  by the International business machines corporation (IBM) in 1996. Electronic business methods enable companies to link their internal and external data processing systems more efficiently and flexibly, to work more closely with suppliers and partners, and to better satisfy the needs and expectations of their customers. In a more general sense, the term may be used to describe any form of electronic business that is to say, any business which utilizes a computer. This usage is somewhat archaic, however, and in most contexts e business refers exclusively to Internet businesses.

The future of E-Business:

As read from the article there are two possibilty of future in E- Business they are described below.

Incorporate partners:

If the people haven’t heard about partner relationship management software then you will now. And if the people haven’t seen any wireless applications that have gone beyond the computer industry you will see that too.

Two recent announcements by e-commerce software companies point the way to the future business-to-business e –commerce and they are wireless and incorporates partners. Comergent technologies incorporatin Belmont,Calif has the consistent experience. The company just released the version 3.0 of its comergent  distributed e business systems. It’s a new approach to e business that allows everyone in the chain of purchase of equipment-the buyer the reseller the distributor to connect into buying experience.

The solution comprises several modules: the comergent partner marketplace provides an e-commerce experience for a manufacturers partners;the comergent commerce caltog steers users to the right products based on their specific needs; the comergent marketing manager lets all the partners in the selling chain to differentiate to their customers; the comergent marketplace analyzer provides insight into e business data and the manager of that coporation uses XML to allow communications between the partners in the selling chain.

The demo that Jean kovacs president and CEO,shows how all of this works. Each of the participants in the selling chain uses a browser to access the system. Customers  get a different screen from partners,whose screen is different from the marketing manager. A customer could go to an OEM site and order a piece of equipment,whereupon the system would switch the customer to the reseller in his area.

Wireless e business:

What if you need to know about e business without the use of wires? Multi active software Vancouver, B.c has just told the world about its latest version of its e business proposal which is wireless application protocol(WAP) enabled version 2.0 which was introduced at internet world in los angeles, has the features of the earlier version with the ability to communicate to cell phones, allowing e business to go on almost everywhere.

The application consisted of a database on the back ends of wines,with various characteristics of the vintages, such as colour,name age, etc. A customer with a WAP enabled phone could go it other wine store  and go to the stores webpage. The page would download a set of menus for selecting a wine,such as color,the price ,whether the wine should be fruity or full-boiled and other things. Once a customer gets to the end of the list of menus, the page sends a wine recommendation to the WAP enabled phone. In addition to the wireless capability, 2.0 has a dynamic and preferential pricing, global commerce capability for different currencies, electronic coupons , targeted content delivery, enhanced integration for sharing knowledge between business partners, and easy implementation.

Reference:

 1.David Gabel,CRN

  2.The future of E-Business-CRN

Business Security System

E-Business Security System

In today’s world, electronic business has become one of the core medium for a success of an almost any organization. Around 99 percent of the organizations throughout the world use internet on a daily basis to promote, interact, and deal with their customers. But as electronic business grew, so did the risks involved in it. Businesses and customers can be exposed to various risks when using internet. According to Davidson, internet offers potential opportunities for increasing efficiency and reducing costs but it also offers unlimited risks such as hackers, virus. Therefore, it is essential for businesses to ensure that their computer system and internet is safely secured with the help of a security system.

Organization who seek to secure their electronic information need to put in place a security policy outlining clearly "which assets to protect and why they are being protected, who is responsible for that protection and which behaviors are acceptable and which are not" (Schneider, 2011, p.420).And it will be outline how the staff should treat their personal information as well as IT things and indirect effect.

There are different ways to track internet usage by their employee and can form antivirus programmed to detect worms and viruses when they sent through spam. Cookies can monitor the internet usage of employee and clients when on the organization   website or hardware programme.Most of the compines use cookies software to track the internet usage. Antivirus software is extremely common amongst companies and PC owners to protect their hardware against viruses. ""Antivirus software detects viruses and worms and either deletes them or isolates them on the client computer so they cannot run" (Schneider, 2011, p.429).Now days most of the companies use the Norton Antivirus in their companies. And via hacker and e-mail there a lot of viruses coming out so for that we need to updated our system each and every day. Some time we may loss our business data cause of virus or another malfunction in our computer system. Companies and people explain their wants for information security and trust in terms of 4 major requirements:

• Confidentiality; is to control who gets to read the information and to conceal the information.
• Legitimate use: an unauthorized person can’t use the resource in unauthorized way.
• Integrity: needs to assure that information and programs are changed only in a specified and authorized manner.


• Availability: need to ensure that authorized users have continued access to the information.

E-Business system inherently posses a higher degree of risk than main stream applications and need high degree of security and then greater security risk then traditional business. A large number of people have access to this business through internet, and this business include the buying and selling of product and services. This business interacts with their staffs, customers, business partner and suppliers on the basis of internet and new technology in the globalization world. Before there is really hard to run these business cause lack of technology and there systems, but now days every one prefer these business in presents world.

Reference

Davidson, M. A., 2001, Database security for e-Business, Oracle9i Security Overview, Viewed on 24^th May, 2012.

Manivannan Senthil Velmurugan, 2009, International Journal of Electronic Business Management, Vol. 7, No. 3, pp. 151 – 158, Viewed on 24^th May, 2012.

Schneider, G., 2011. E-Business. 9th ed. Cengage Learning.

Michael S. Mimoso, Editorial Director