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Requirement: Create your own e-commerce business in Saudi Arabia (website or mobile application), you need to...

Requirement:

Create your own e-commerce business in Saudi Arabia (website or mobile application), you need to explain the process that you will follow in building your e-commerce presence.

Before you begin to build a website or app of your own, there are some important questions you will need to think about and answer. The answers to these questions will drive the development and implementation of your e-commerce presence.

Set up Your E-Commerce Presence

  • What is the idea? (the visioning process)
  • Introduce your e-commerce business.
    • Provide an overview of your business idea
  • Product and type of services.
    • What are the different types of products? Explain
    • What kinds of services are provided by your online store? [ customer service, exchange and return, delivery and payment options] Explain
  • Business statement.
  • Business vision.
  • Business objective.
  • Where’s the money:
    • What is the company’s business model?
    • Give a general idea of how your business will generate revenues
  • Who and where is the target audience? Explain demographics, lifestyle, consumption patterns, etc.
  • What is the ballpark? Characterize the marketplace. - Size, growth, demographics, structure.
  • Where’s the content coming from?
  • Know yourself— conduct a SWOT analysis for your business.
  • Develop an e-commerce presence map.
  • Develop a timeline: Milestones. - 6 phases.
  • How much will this cost?

Building an E-Commerce Site: A Systematic Approach

  • Planning: The Systems Development Life Cycle
  • Systems analysis/planning
  • Business objectives. What are the capabilities you want your site to have?
  • System functionalities (Shopping cart, payment system …. etc.)
  • Information requirements (Dynamic text and graphics catalog … etc.)
  • Systems design
  • (Logical and Physical)
  • How it will look likes in terms of design and format
  • Building the system (a simple website layout)
  • Create your own website using wix.com www.wix.com
  • Or you can design the layout using any free e-commerce website template.
  • Include 2-4 screenshots of your site
  • Testing (What type of testing will be applied?)
  • Implementation

Choosing Software

The development of e-commerce required a great deal more interactive functionality, such as the ability to respond to user input (name and address forms), take customer orders for goods and services, clear credit card transactions on the fly, consult price and product databases, and even adjust advertising on the screen based on user characteristics.

    • Functionality for web server
    • Provides basic functionality for sales
  • Online catalogue
  • Shopping cart
  • Credit card processing

Explain the different software you need for your site functionality.

Choosing Hardware

  • Underlying computing equipment needed for e-commerce functionality
  • Right-Sizing Your Hardware Platform: The Demand Side and the Supply Side
  • Explain the different hardware needed for your site or app.

Payment and Security

  • What are the methods of payment you are going to use in your online store and why?
  • What are the commonly used technologies to secure your online transactions?
  • Develop a privacy policy. The policy should outline how information will be collected and used?

Categorize marketing and advertising strategy and method.

  • Explain the online, offline and social media marketing strategies you will use to bring people to your website? And why?

Explain your business e-commerce process

  • Explain in detail all the steps from the time a visit is recorded until the final user buys a product.

Conclude your report.

Guidelines for the assignment:

  • Make sure to include the cover page with all information required.
  • This is group project, which is part from your course score. It requires effort, search and critical thinking.
  • Use font Times New Roman, Calibri or Arial.
  • Use 1.5 or double line spacing with left Justify all paragraphs.
  • Use the footer function to insert page number.
  • Ensure that you follow the APA style in your project and references.

Your project report length should be between 2200 to 2500 words.

*****please notice that the due date is in 3 hours i need it to be solved as soon as possible*****

*** please i need new idea and fully, unique, new answers reword it using your own word not the same posted ones here on chegg i need it to be complete on the write way its worth 15 marks ****

*the answer must be unique not copied "plagiarized "

Solutions

Expert Solution

Before Downvoting, Please comment

E-commerce or Electronic Commerce refers to the buying and selling of goods and services through internet. E-commerce provides helps the sellers to sell their product in worldwide. There is no barriers of place. Sellers and buyers can meet through the virtual network without any hindrance of location.

In this E-commerce business let me introduce a new venture.

Introduction
I am introducing a new online platform to the customers who can buy various items such as household items, grocery items, electronic items, apparels, clothes etc. These items are selling through an online platform for which the customers and shopes can easily find and purchase what they want. The sepciality of my business is that customers can easily find their items among the large number of products available on this platform.

Vision

To enlarge the business of e-commerce by the help of Artificial Inteligence in the modern era of internet. Our main focus is to build a place where people can buy and sell anything legally.

Objectives

Provide better service to the customers by providing quality products and it will help us to generate more income. Invovlving social projects creates more social responsibility.

Highlights of business:

  • Buyers and Sellers can sell or buy their product through any platform like, Personal Computer or a Smartpone which having interent access.
  • Large number of products available
  • Direct Door Delivery and Same Day Delivery subject to the availability of products
  • Quality products
  • Free 24 x 7 costumer support
  • Direct contact to the product manufactures
  • Shope user creation is available which enables the shope to purchase items directly from the manufacturer in retail price.
  • Manufactures can sell the product to their shopes.
  • Sellers can categorise their products and filter according to the popularity
  • Sellers will get ratings and reviews directly from the customers as well as the shopes.
  • Sellers and Buyers can sell and buy the listed products at any time anywhere

Products and Services

Products

Products include any products which doesn't have any country restriction. So our products mainly focuses on costumers from the bottom to the top level. Household items, Appareles, Kids wear, Men's and Women's wear, Grocery items, Electronic items, Materials etc. Our company will not deliver any medicines and medical equipments and also not deliver any alcoholic product.

Services

Direct door delivery. Services include 24 x 7 Customer support by providing live chat, telephonic support. Services also include exchange of products and return of products. Refund service is available to all customers who are not satisfied in the product. If they want refund, customer must request within 10 days from the date of delivery. Customers can directly contact to the manufacturer. Sort and Filter option is available to the csutomer. Daily notification to the customers regarding offers and various products informations. Same day delivery of products subject to the availability of products. Various payments methods are provided like, credit card and debit payment, Cash on Delivery system etc.

Initial Plan of Business

Capital requiremnt

  • Source of Capital
  • Other Funds
  • Investments

Source of Capital

Capital of business includes, my savings and various loans from the bank including short-term borrowings and long-term borrowings and apply for line of credit.

Other Funds

Venture capital fund is another way of funding. Crowd funding is also a way of finding capital. Unsecured Loans from other sources.

Investments

Company can findout other investors or prmoters who are willing to do an e-commerce business with us.


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