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eBusiness Strategy

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1. How can the organizational structure of a business be influenced by an eBusiness strategy?
2. Why must the legacy systems of a business be considered when developing an eBusiness strategy?
3. Please identify a dot.com company that no longer exists. Tell me about the company, product, target demographic, etc. Then discuss why you think that company might have failed. Give specifics.

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Solution Summary

By addressing the questions, this solution addresses aspects of eBusiness and eBusiness strategy. Examples of failed dot.com businesses are also discussed.

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Please see response attached,which is also presented below. I hope this helps and take care.

RESPONSE:

1. How can the organizational structure of a business be influenced by an eBusiness strategy?

The e-business strategy impacts the organization structure, mainly through how the business operates and offers it products and services. In a sense, an organization is only a good as it business strategy, including an e-business strategy.
Whether you're concerned with business-to- business, or business to consumer, whether your organization is large or small, commercial or nonprofit, these are some fundamental questions around your Website and technology strategy that should be addressed.

Otherwise, you risk missing opportunities, and not maximizing the return on your investment in your online presence. The following questions address how the e-business strategy impacts the organizational structure:

1. Does your Website present an appropriate image of your company?

Marketers talk a lot about branding, and consistency of message. Does your company site reflect how you'd like your customers to feel about your business? Is it sophisticated, and professional looking? Does it speak directly to visitors in language that they'll understand, and in ways that relate to their issues and needs?

Image is also about public relations. Publicity is a powerful marketing tool, and reporters are increasingly looking for stories and information online. Does your Website offer a media center? Does it offer comment on current events in your industry? Do you face up to the bad news, and spin it to your advantage?

2. Does your Website suggest potential for new or currently untapped markets?

In almost all the sites that I've consulted for, we've identified markets or audiences beyond the "real-world" customer base of the business.

This may be because the site extends the geographic reach of your marketing. If you have good content on your site, it may also be because visitors looking for your subject area find you in search engines, and come to read your articles and white papers.

Either way, if you find many "non-traditional" visitors to your site, you should assess whether they constitute a possible new market area for your business.

3. Does your Website suggest potential for new products or services?

A clear understanding of your visitor needs may also encourage you to consider new products or services. On the Web, bundling expertise into downloadable, for-sale content provides valuable new revenue streams for many businesses and non-profits.

You can find great clues for development ideas by tracking the keywords entered into your own site search engine. These show what visitors expect to find on your site - and therefore what they expect your company to offer.

4. Does your Website provide continuing added value for existing customers?

Most site owners focus on acquiring new customers, and fail to maximize the opportunities to support and service existing ones.

These include password-protected areas where your clients can follow the progress of their projects, share documents with you, etc. Personalization and pre-populated forms (i.e. which are automatically filled in with the customer's details) help to create a feeling of value, and save time for your visitors.

Check the average response time for a contact from your Website. One of the top complaints about major company sites is that e-mails are not answered in a timely (hopefully 24 hours or less) manner.

5. Does your Website support your internal operations and employee needs?

This question relates to whether you're making the best use of all available technologies, and integrating them with your online operations.

Example applications to consider include:
· Instant messaging, fast becoming a serious business tool
· Knowledge bases - continually updated databases that can provide automated customer support on a 24/7 basis
· Streaming media, perhaps for just-in-time training or on-the-spot manuals for your operatives
· Intranets and extranets, which are really just fancy names for password-protected employee and client areas

6. Does your Website integrate fully with your "real- world" activities and processes?

One of the most frustrating visitor experiences is to complete a form, an application, or to submit a search on your Website, only to receive an error message.

Customers want the security of an e-mailed purchase confirmation. They want to know that they'll be taken off your mailing list quickly and without the need for multiple requests.

With the complexity of technology and programs today, sometimes a change to a seemingly unrelated system can wreak havoc. Do you regularly check all the input forms and processes on your site to ensure that no unexpected gremlins have crept in?

7. Does your Website provide you with a justifiable return on investment?

This is probably the most important question of the seven, and possibly also the most difficult.

That's because the answer depends on a clear understanding of the goals of your site, both in direct financial terms, and in other less tangible benefits, such as name recognition.

The keys to evaluating ROI, to improving your site, and often to further business development ideas can be found in your traffic reports. These show what visitors are looking for, how long they spend on the site, where they go, where they leave, and what rate of response you get to the various calls to action.

These reports can be daunting - a mass of figures, graphs and URL's. But I'd strongly suggest that someone in your organization should understand them. Otherwise, you're shooting in the dark with your e-business and web investment (http://www.cyberspeaker.com/TheTop7Strategies.html).

2. Why must the legacy systems of a business be considered when developing an eBusiness strategy?

The following are the legal issues and basically "Everything you need to know from A to Z about going online and staying out of legal hot water" (Silver, 2003).

Age

The age of your users impacts the Web site. According to Federal Trade Commission regulations through the Children's Online Privacy Protection Act (COPPA), a Web site must get a parent's permission for children under 13 to disclose information. Also, remember that children under 18 should not be permitted to view information, which is adult in nature. In addition, children under 18 may not be able to agree to contracts such as your Web site user agreement and purchase contracts. Finally, FTC also regulates advertising and other content directed at children.

Bulletin Boards, Chat Rooms, Etc.

Any posting ability by users should be subject to site submission rules and a user agreement. The rules should obtain users' consent not to post pornographic, defamatory or infringing materials and, through your user agreement, consent to your company not being liable for other users taking such actions.

Copyright

The footer of your site should display a copyright notice for the content of the site. The notice should read "© [date] [copyright owner name] All rights reserved." You should also deposit a copy of the site with the Copyright Office to record ownership of the site's content, look and feel. Finally, under the ...

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