E Commerce

Running Head : E Commerce

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TABLE OF CONTENTS PAGES

Introduction 3

2 . SWOT Analysis 6

3 . Determination of E-business models for the business 8

4 . Factors that affect the success of e-business . 11

5 . Value Analysis 15

6 . Minimum ROI Analysis 16

7 . Scenario for the Business 16

8 . Tools to Implement the Business Strategy 18

9 . Evaluation of Factors Affecting the Business 19

10 . Conclusion 20 1 . Introduction

Electronic commerce commonly known as an

e-commerce and involves buying and selling of goods and services over electronic media . E-commerce which was introduced in the 1970s has become common in most businesses today . Most business performs most of their transactions on the web which can be attributed to the increase in awareness with technological innovation . Spread of internet services has greatly contributed to the development of e-commerce which is known to improve efficiency in business . Most companies that embarked on e-business in the 1980s failed and this can be attributed to poor planning and implementation (Schippmann , 1999 Katz and Oblinger , 2000

Outfits business can be conducted successfully through e-commerce Selling outfits of different kinds , fashions can attract a large market share if conducted through e-business due to the technological development which has made internet accessible by a large population than a decade ago . To ensure success in the outfit 's e-business , an appropriate business plan must be drawn . Compliance with business plan which has sound objectives has contributed to success of most businesses . The outfit company is called Bynam Outfitters and Associates

Bynam Outfitters and Associates Business Plan

Bynam Outfitters and Associates Company were founded in 1995 by two brothers . The company which is located in California serves America Europe and some African countries . The company whose headquarter is in California has subsidiaries in the above mentioned areas . There are sixty subsidiaries which have warehouses to make distribution easier Bynam Outfitters and Associates Company and Associates Company realize 283 annually . The company which has the highest number of employees as compared to other outfit companies in America . The success of the outfit company business is attributed to the commitment towards different cultures of different people in various regions . Outfits available satisfy the customer 's demand of changing preferences with time

Bynam Outfitters and Associates Company have laid down several objectives which it aims to achieve . The company recognizes the role of consumers as the employer and therefore the innovation made are customer oriented . The main objectives of the company that are in the business plan include

To give customers maximum utility

To start e-business in flowers

To increase market share

To respond to customer 's changing demand

To ensure efficiency in e-business especially timely supply of the outfits

To provide the best quality of outfits according to consumer 's demands

Bynam Outfitters and Associates Company have consumers drawn from all age groups and therefore the available fashions are updated annually by the company 's designing department . The company which has maintained a good reputation of selling descent...