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E Busieness

In:

Submitted By sawan581
Words 632
Pages 3
Assignment Sub: - International e-business

Case study: - 1(City Flower)
Q1. Develop a four steps e-business strategy for the owner for the city flower?
A1. The four steps through which city flower could start their e-business which is enumerated has under :- 1. Market analysis 2. Technical analysis 3. Market strategy 4. Implementation

Market analysis
The market analysis is a section in a business plan that presents information about the commercial market in which your business operates, the purchasing habits of customers in that market, and information about competitors. Based on market research and intended to attract investors, a strong analysis will show why your business is a strong addition to a given market and how it will earn money. These steps will guide you through the process of how to write a market analysis and give some tips for making a strong impression on investors. The following steps in this are
It includes Internal and External factors * Legal formalities * Forecasting of demand * Expansion of business * Competitive edge * Identify competitors * Customer survey * Market trends * Market profitability * SWOT Analysis * PESTEL Analysis * Market growth rate

Technical analysis
A type of business model, or segment of a larger business model, that enables a firm or individual to conduct business over an electronic network, typically the Internet. Electronic commerce operates in all four of the major market segments: business-to-business, business to consumer, consumer to consumer and consumer to business. It can be thought of as a more advanced form of mail order purchasing through a catalog. Almost any product or service can be offered via e-commerce, which includes following things like * Establishment of a company website * External e-mail

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