E Business Unit 1
E Business Unit 1
UNIT - 1
PRESENTED BY
K.BALASRI PRASAD
B.Sc(KU), M.B.A(OU), NET(UGC), (Ph.D)(MGU)
ASSISTANT PROFESSOR IN MANAGEMENT
These are just a few examples of e-business models, and businesses often
combine multiple models or customize them to fit their unique value propositions,
target markets, and revenue streams.
The choice of e-business model depends on factors such as the nature of the
products or services, target audience, competitive landscape, and business
objectives.
Design, develop and manage E-Business
Designing, developing, and managing an e-business involves a systematic approach to
creating an online presence, implementing digital strategies, and optimizing business
processes to achieve organizational goals.
1. Market Research and Analysis: Conduct market research to identify target audiences,
understand customer needs and preferences, analyze competitors, and assess market trends
and opportunities.
Use market research findings to inform strategic decisions and develop a unique value
proposition for your e-business.
2. Define Business Objectives and Goals: Clearly define the objectives and goals of your e-
business, such as increasing sales, expanding market reach, enhancing customer
engagement, or improving operational efficiency.
Establish measurable key performance indicators (KPIs) to track progress and evaluate
success.
3. Choose E-Business Models and Platforms: Select the most appropriate e-business models
and platforms based on your business objectives, target audience, and products or services.
Determine whether you'll be selling products directly to consumers (B2C), to other
businesses (B2B), or adopting a subscription-based or marketplace model.
Choose e-commerce platforms, Content Management systems (CMS), or software as a
service (SaaS) solutions that align with your business needs.
4. Design User-Friendly Website and Interface: Design a user-friendly
website and interface that provides an intuitive and engaging experience
for visitors.
Ensure that the website is visually appealing, easy to navigate, mobile-
responsive, and optimized for search engines (SEO).
Incorporate clear calls-to-action (CTAs), product descriptions, high-
quality images, and secure payment gateways to facilitate online
transactions.
5. Develop Content and Product Offerings: Develop compelling
content, product offerings, and value-added services to attract and retain
customers.
Create high-quality product listings, informative blog posts, engaging
videos, and interactive multimedia content to educate and engage your
target audience.
Implement personalization and customization features to enhance the
user experience and drive conversion.
6. Implement Digital Marketing Strategies: Implement digital marketing strategies to
promote your e-business and drive traffic to your website.
Utilize a mix of digital marketing channels, including search engine optimization
(SEO), pay-per-click (PPC) advertising, social media marketing, email marketing,
content marketing, and influencer partnerships.
Develop a content calendar, marketing campaigns, and social media engagement
tactics to build brand awareness and generate leads.
7. Optimize Conversion and Sales Funnel: Optimize the conversion and sales funnel to
maximize sales and revenue generation.
Implement Conversion Rate Optimization (CRO) techniques, such as A/B testing, heat
mapping, and user behavior analysis, to optimize landing pages, product pages, checkout
process, and call-to-action buttons.
Use analytics tools to track user behavior, identify friction points, and make data-driven
improvements to the sales funnel.
8. Secure Transactions and Data Privacy: Ensure the security of online transactions and
protect customer data privacy by implementing robust security measures and compliance
with data protection regulations.
Use Secure Sockets Layer (SSL) encryption, payment gateways, two-factor
authentication (2FA), and secure hosting services to safeguard sensitive information and
build trust with customers.
9. Provide Excellent Customer Service and Support: Provide excellent customer service
and support to enhance customer satisfaction and loyalty.
Implement Live Chat Support, Email Assistance, FAQ sections, and self-service portals to
address customer inquiries, resolve issues, and provide post-purchase support.
Offer multiple communication channels and responsive customer service to build positive
relationships with customers.
10. Monitor and Analyze Performance: Monitor and analyze the performance of your e-
business using web analytics tools, key performance indicators (KPIs), and customer
feedback.
Track website traffic, conversion rates, sales metrics, customer acquisition cost (CAC),
customer lifetime value (CLV), and return on investment (ROI).
Use insights from performance data to identify areas for improvement, optimize marketing
campaigns, and refine business strategies.
11. Continuous Improvement and Innovation: Continuously evaluate and improve your e-
business operations, processes, and offerings to stay competitive and meet evolving customer
needs.
Embrace innovation and leverage emerging technologies, such as Artificial Intelligence
(AI), Machine Learning, chatbots, and Virtual Reality (VR), to enhance the customer
experience, drive efficiency, and differentiate your e-business from competitors.
Web 2.O
Web 2.0 refers to the second generation of the World Wide Web, characterized by the transition from
static web pages to dynamic and interactive online platforms that facilitate user participation,
collaboration, and content sharing.
Web 2.0 emerged in the early 2000s, building upon the foundational technologies of Web 1.0 and
introducing new concepts and features that transformed the way people interacted with the internet.
1. User-Generated Content: Web 2.0 platforms enable users to create, share, and contribute content in
various forms, such as text, images, videos, and audio.
User-Generated Content (UGC) empowers individuals to express themselves, share their knowledge
and experiences, and participate in online communities and discussions.
Examples: Blogs, social media platforms, wikis, and online forums.
2. Social Media and Networking: Social media platforms are a prominent feature of Web 2.0, facilitating
social networking, communication, and interaction among users.
Social media sites enable users to connect with friends, family, colleagues, and like-minded
individuals, share updates, photos, and videos, and engage in conversations and discussions in real-
time.
Examples: Facebook, Twitter, Instagram, LinkedIn, and YouTube.
3. Collaborative Editing and Sharing: Web 2.0 platforms support collaborative editing and sharing of
content, allowing multiple users to contribute to and edit documents, presentations, and other digital
assets in real-time.
Collaborative tools such as wikis, Google Docs, and cloud-based productivity suites enable remote
collaboration, version control, and document sharing among individuals and teams.
4. Rich Internet Applications (RIAs): Web 2.0 introduced the concept of rich internet
applications (RIAs), which are web-based applications that provide a rich, interactive
user experience similar to traditional desktop applications.
RIAs leverage technologies such as AJAX (Asynchronous JavaScript and XML),
HTML5, CSS3, and JavaScript frameworks to deliver dynamic, responsive, and
immersive user interfaces.
Examples: Google Maps, Gmail, and Spotify.
5. Personalization and Customization: Web 2.0 platforms offer personalized and
customizable experiences tailored to individual user preferences, interests, and
behaviors.
Personalization features include user profiles, preference settings, recommendation
algorithms, and targeted advertising based on user data and behavioral insights.
6. Mashups and APIs: Web 2.0 encourages the integration and interoperability of web
services and applications through mashups and application programming interfaces
(APIs).
Mashups combine data or functionality from multiple sources to create new,
composite web applications or services.
APIs provide developers with access to the functionality of web services and enable
third-party integration and innovation.
Examples: Google Maps API, Twitter API, and Facebook Graph API.
7. Blogging and Microblogging: Blogging emerged as a popular
form of self-publishing and content creation in the Web 2.0 era,
allowing individuals and organizations to publish regular updates,
articles, and multimedia content on specialized platforms known as
blogs.
Microblogging platforms, such as Twitter, introduced the concept
of short-form content and real-time updates, enabling users to share
brief messages, links, and media with their followers.
8. Semantic Web and Linked Data: Web 2.0 promotes the vision of
the semantic web, a web of interconnected data and resources that
are semantically structured, linked, and searchable.
Semantic technologies, such as RDF (Resource Description
Framework), WOL (Web Ontology Language), and SPARQL
(SPARQL Protocol and RDF Query Language), enable machines to
understand, interpret, and process web content in a meaningful way,
facilitating data integration, discovery, and knowledge sharing.
Social Networking
Social networking refers to the use of online platforms and applications to connect and interact with
other users, share content, and build relationships within virtual communities.
These platforms facilitate communication, collaboration, and social interaction among individuals,
groups, and organizations, allowing users to share information, interests, activities, and ideas in real-
time.
Here are some key aspects of social networking:
1. User Profiles: Social networking platforms typically require users to create personal profiles, which
serve as digital identities that represent individuals or entities on the platform.
User profiles contain information such as name, photo, bio, interests, location, and contact details,
enabling users to present themselves and connect with others based on shared interests and attributes.
2. Connections and Friendships: Social networking platforms enable users to establish connections and
form friendships with other users, often referred to as "friends," "followers," or "connections."
Users can send friend requests, accept invitations, or follow other users' profiles to connect and interact
with them.
Connections may be based on real-life relationships, common interests, professional affiliations, or
mutual connections.
3. News Feed and Timeline: Social networking platforms feature a central feed or timeline where users
can view and interact with updates, posts, photos, videos, and other content shared by their connections.
The news feed displays a chronological stream of content tailored to each user's preferences, activity, and
social graph, allowing users to stay informed and engaged with relevant updates from their network.
4. Content Sharing: Social networking platforms enable users to share various types
of content, including text posts, photos, videos, links, articles, and status updates.
Users can create and publish original content or reshare content from other users,
pages, or external sources.
Content sharing facilitates self-expression, storytelling, information dissemination,
and cultural exchange among users.
5. Messaging and Communication: Social networking platforms offer messaging
and communication features that enable users to send private messages, chat with
friends, and participate in group conversations.
Messaging functionalities may include text messaging, voice messaging, video
calling, voice calling, stickers, emojis, and multimedia sharing, fostering direct and
real-time communication between users.
6. Groups and Communities: Social networking platforms host a variety of groups
and communities where users with shared interests, hobbies, or affiliations can come
together to discuss topics, share resources, and collaborate on projects.
Groups may be public or private, moderated or unmoderated, and serve as hubs for
networking, support, education, and advocacy within the platform.
7. Privacy and Security: Social networking platforms implement privacy and
security features to protect users' personal information, content, and interactions from
unauthorized access, misuse, and abuse.
Users can control their privacy settings, manage audience visibility, and customize
sharing preferences to maintain control over their digital presence and online
activities.
8. Monetization and Advertising: Social networking platforms monetize their
services through advertising, sponsored content, premium subscriptions, and e-
commerce transactions.
Advertisers can target users based on demographics, interests, and behavior to
deliver relevant ads and sponsored content, while users may have the option to
purchase premium features, virtual goods, or subscription plans for enhanced
experiences.
Examples of popular social networking platforms include Facebook, Twitter,
Instagram, LinkedIn, Snapchat, Pinterest, TikTok, and Reddit.
These platforms have transformed the way people communicate, connect, and
collaborate in both personal and professional contexts, shaping social interactions
and cultural trends in the digital age.
Mobile Commerce
Mobile commerce, often abbreviated as m-commerce, refers to the buying and selling of
goods and services using mobile devices such as smartphones and tablets.
It encompasses a wide range of activities, including online shopping, mobile banking,
mobile payments, and mobile ticketing, conducted through mobile apps or mobile-
optimized websites.
Mobile commerce leverages the convenience, portability, and ubiquity of mobile devices to
enable users to make purchases and transactions anytime, anywhere.
Here are some key aspects of mobile commerce:
1. Mobile Shopping: Mobile commerce enables users to browse product catalogs, compare
prices, read reviews, and make purchases directly from their mobile devices.
Mobile shopping apps and mobile-optimized websites offer a seamless and intuitive
shopping experience, with features such as product recommendations, personalized offers,
and one-click checkout.
2. Mobile Payments: Mobile commerce facilitates secure and convenient payment options for
users to complete transactions using their mobile devices.
Mobile payment methods include mobile wallets, digital payment apps, contactless
payments, and peer-to-peer (P2P) payment services.
Users can link their credit or debit cards, bank accounts, or digital wallets to their mobile
devices and make payments with a tap, swipe, or scan.
3. Mobile Banking and Finance: Mobile commerce extends to banking and financial
services, allowing users to manage their accounts, check balances, transfer funds, pay
bills, and deposit checks using mobile banking apps.
Mobile banking apps offer features such as account alerts, budgeting tools, ATM
locators, and mobile check deposit, providing users with convenient and secure access to
financial services on the go.
4. Mobile Ticketing and Booking: Mobile commerce enables users to purchase tickets,
make reservations, and book services directly from their mobile devices.
Mobile ticketing apps and mobile booking platforms cover various industries, including
transportation (flights, trains, buses), entertainment (movies, concerts, events), hospitality
(hotels, restaurants), and leisure activities (tours, attractions).
Users can access digital tickets, boarding passes, and reservations on their mobile
devices, eliminating the need for physical tickets or printouts.
5. Location-Based Services: Mobile commerce leverages location-based services (LBS)
and geolocation technology to provide personalized and location-specific offers,
promotions, and recommendations to users based on their current or nearby locations.
Location-aware mobile apps use GPS (Global Positioning System) and beacons to detect
users' locations and deliver relevant content, deals, or notifications tailored to their
preferences and proximity to businesses or points of interest.
6. Mobile Marketing and Advertising: Mobile commerce encompasses mobile
marketing and advertising strategies aimed at reaching and engaging mobile users through
targeted campaigns, promotions, and advertisements.
Mobile advertising formats include mobile display ads, in-app ads, native ads, video ads,
and sponsored content delivered within mobile apps, mobile websites, or mobile games.
Mobile marketing tactics such as SMS marketing, push notifications, and location-based
targeting enable businesses to reach users directly on their mobile devices.
7. Mobile Security and Authentication: Mobile commerce prioritizes security and
authentication measures to protect users' sensitive information and transactions from
unauthorized access, fraud, and identity theft.
Mobile security features include biometric authentication (fingerprint, face, iris
recognition), device encryption, secure sockets layer (SSL) encryption, tokenization, two-
factor authentication (2FA), and mobile device management (MDM) solutions.
Overall, mobile commerce has become an integral part of the digital economy,
reshaping the way consumers shop, pay, and interact with businesses and brands.
With the proliferation of smartphones and mobile apps, mobile commerce continues
to grow and evolve, offering new opportunities for businesses to engage customers and
drive revenue through mobile channels.