Discussion Question

Mr. Ali is running a retail store business for the past 10 years. His retail store business was thriving with full boom and he was earning a lot of profit. In recent times, many other retail stores have joined the competition and are leaving his company behind. 


To solve this problem on urgent basis, Mr. Ali hired the services of a consultant to identify the areas where his business was lacking as compared to his competitors. The consultant found that Mr. Ali’s competitors were applying various new concepts of E-Commerce in their businesses and strongly recommended that Mr. Ali should do the same by first launching a website for the retail store on immediate basis.


Keeping in mind that by using E-Commerce, a growing number of companies are gaining competitive advantage, you are required to discuss what specific advantages will be acquired by Mr. Ali by launching a new website and applying other measures related to E-Commerce?

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Please Discuss here about this GDB.Thanks

 

a

plz try to write in your own words.

GDB solution....

It will give easy access to the customer, provide easy promotion to the products, will distinguish from others competitors, ability to provide global market access, give a concept of modern techniques, allow for real-time communications and the interchange of data in the supply chain, making the supply chain more effective, will provide easily select products from different providers without moving around physically, will give Low operational costs and better quality of services. 

So E-commerce will be beneficial for ali’s business as increase sales, decreasing costs, Expands the size of the market from regional to national or national to international, allows for innovative business models, improves customer service and reduces the time exposure.

First of all Mr. Ali should think out of box because success lies out of your comfort zone. He must apply technological advancements to his current typical paper based administration to enrich his business with IT like:
• Adopt computerized accounting system in his organization
• Promoting his business over the internet through E-Commerce
• Establishment of a dynamic web site to interact with the local and international market to meet with the business and market requirements
• Introducing a web based shopping system

It will give Ali large number of customers which are educated decrease cost of marketing easy to promotion all time sales increase sinformation about your products and services to the customers Sell products and services directly. You can reach a global consumers.. 
E-Commerce is help to decrease marketing cost give information to the global audience 24/7 customer can make order at any time increase market share

thanku sir

It will give easy access to the customer, provide easy promotion to the products, will distinguish from others competitors, ability to provide global market access, give a concept of modern techniques, allow for real-time communications and the interchange of data in the supply chain, making the supply chain more effective, will provide easily select products from different providers without moving around physically, will give Low operational costs and better quality of services.

thanks

See the attached file for one more idea solution of MGT603 GDB Fall 2011

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E-commerce is the buying and selling of products and services by businesses and consumers over the Internet. Many firms use the Internet to communicate with suppliers and customers only so they usually consider the option of developing their own Web site.

Advantages are below:

By planning and realizing a search engine friendly planning from the start.

Help your customers to communicate, engage and ultimately identify themselves with your business through ecommerce tools.
Customer service and fulfillment costs by leveraging the website for client communications 
ECommerce marketing promote your products to the right audience, resulting in enhanced Brand Recognition and demand
With proper planning your ecommerce site can accommodate additional requirements, features and functionality in the future

One more idea solution of MGT603 GDB Solution fall 2011

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