com. In case of several companies, enhancing customer relationships is among the most capable features of e-commerce. However, whereas the Internet has presented the consent of a novel method to draw and communicate with the customer, hardly few enterprises have discovered a method to efficiently manage interactions with their customers on the Internet. (David, 2000)
The real skill is involved in making the device suitable to accomplishment of the business strategy and also makes profit persistently. (Howard, 1999) This makes McGrath and Heiens to describe the failures of Internet startups as a moot testimony that "the Internet is a tool, not a panacea" and that a "sound business strategy is always a prerequisite for success" Therefore, even though many successes have appeared to day on the Web in the online industry and in the digital forms in general still more are to be explored for accomplishing long-term goals of the business strategies. It is quite necessary to understand the appropriate procedures in initiating a successful Web-based business. (O'Brien, 1995) Successful e-business strategy calls for an enterprise which gives customer value that is of better quality compared to that what is offered by its rival. In order to give better-valued products, marketing must openly affect core business processes as well as product development management - PDM and supply chain management - SCM. (Greco; Ragins, 2003) hypothetical examination of planning at the personal level and action plan employed by proprietors / managers differentiates five separate strategic methodologies: Total planning, Critical Point, Opportunistic, Reactive, and Routine/Habit. (Ombach, 2000) the companies move through four stages in developing e-business i.e. channel enhancement, value chain integration, industry transformation and convergence. The ultimate two phases are observed to become fascinating while the e-business thrives to transform rather than projecting a linear growth. (Evans, 1999) Hence, what is the way in which an e-business can be able to evade these dangers?
These are 10 easy guidelines we present before our customers while associating with themselves on the building up of an e-business strategy: The process with acquiring the e-business environment. Guaranteeing security measures is a crucial issue while operating an e-business. These features comprise protecting the identity of the buyer, validation of the procurer and the vendor, veracity of the message sent and non-disclaimer, putting up firewalls, and catching hold of trespassing. Next comes facilitating the placing of orders and making the procedure of payment of the goods and services simple. The product list and the detailing regarding the specifications must be brief but comprehensive.
In order to make the web site profitable, buyers must have the facility to order their products in a secured environment and strike a deal as regards the mode of payment. Therefore, the enterprises are required to implement systems, which will be able to tackle front-end operations and back office operations. Third is the capability to ensure that both hard as well as soft products are shipped to the consumer in good condition. A profitable e-business should be able to tackle the shipment of a purchase made by a client if it is a soft item. Through process automation to the extent possible from the order taking stage to the final shipment of the product in the hands of the customer, companies can be able to remarkable lower the cost of shipment and make urgent shipment of the products. The fourth is to make superior customer care by making the whole transaction procedure transparent so that the customer has knowledge of the complete deal, so that their queries are lesser, disagreements can be solved in the online process and the products ordered through the Internet can be needed with ease. (Bhatti, 2000)
The Fifth step is to develop concrete customer relationships. Comment forms, exclusive offers, program for gifting customers doing repeat purchases and additional strategies which an organization may be using in a conventional brick and mortar shop to create a relationship and brand loyalty with customers are required for Internet shops also. The sixth point is to unify the present business systems into the e-business setting. E-commerce must be assimilated into the systems that are running including models and processes. Whereas it is feasible to deal with the low frequency of orders that keep coming at present, in the absence of a robust computerization or into a legacy system, total unification is vital to the profitability of the companies in the years ahead with the rising of the frequency of business dealings in the Internet. The seventh point is building an infrastructure which can be scalable with the increase of the business. This aspect is...
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