E-tailer: A retailer sells his products and services via electeonic transactions
ID: 373870 • Letter: E
Question
E-tailer: A retailer sells his products and services via electeonic transactions through internet. Idea to go e-tailer: product to be served in e- tailer is Household e-tailing. Nowadays internet has become one of the best and easiest way to deliver the products to the customers in terms of retailing.E-tailing plays a major role in this century. Due to this a bigger advantage is time consumption and people can get their products at their doorsteps.By clicking you can collect your products in your hand. Fund for the business is generated in terms of applying for loan, make something to sell, sell your services. Business & Revenue models:Business model shows the framework for an entire business and allows investors and bankers have a quick way to evaluvate the business.Direct marketing through mail, retailing in online malls, multi channel business models, online group buying. Revenue model is a part of a business model. It can go through advertising. Target Audience : All family, bachelors, Spinsters in the covered area. Ball park: A rough estimation of the project cost.
Explanation / Answer
Using the information below, begin to formulate your project explaining your new e-tailer business.
What’s the idea? Product or service?
Where’s the money? Business & revenue models – key elements?
Who & where - Target audience?
What’s the ballpark? Characterize the Marketplace in terms of competitors, customers, and comparable products/services.
What type of content?
Know your internal strengths and weaknesses; identify your external challenges for opportunities – conduct your SWOT analysis.
Develop a timeline – milestones.
Any special or specific technologies used?
Build your own or outsource? Host your own or outsource?
How will you provide security & privacy for customers?
How will you provide security & privacy for your business?
Approximately how much will the project cost? Provide dollar figures to substantiate your argument (s).
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