Furthermore, the Internet is putting more power in the hands of the customers. Consumers assert more control over the buying process by initiating and even dictating the entire course of the exchanges. In this new environment, companies need to fundamentally rethink their business strategy and the processes by which they realize, deliver, communicate, augment, and recapture value for their customers. Specifically, the program discusses s uccessful approaches, powerful concepts, and breakthrough practices for integrating electronic commerce into your company's activities across the manufacturing and selling processes. It elaborates on the anticipated impact of being online not only on the bottom line but on the organizational nature as well .
Business models are perhaps the most discussed and least understood aspects of the web.
Processes for transforming a business into an e-business. Important issues to consider when taking a business online, both at the strategic formulation level as well as the implementation stages. Practical implications of the suggested process. Warnings of common pitfalls. Extensively compare and contrast B2B with B2C business models with respect to their objectives, various costs, customer relations, barriers to competition, and possible partnerships and affiliation.