E-Commerce Presence Planning: Group 2 Introduction
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Questions and Answers

What are some weaknesses identified in the text?

Limited financial resources, no prior online experience, no existing user base, no media attention, no design expertise, no computer background.

What opportunities are mentioned in the text?

Ability to address a large market with unmet needs, potential to capture a significant share of this market, potential to develop related sites.

What threats are outlined in the text?

Approach could be copied by competitors, advertisers may not want to try a new site, rapid pace of technology development, low market entry cost.

What are the two components of system design mentioned in the text?

<p>Logical design and physical design.</p> Signup and view all the answers

What is the difference between in-house and outsourcing when building a system?

<p>In-house involves building the system internally, while outsourcing involves hiring vendors to provide services.</p> Signup and view all the answers

What are the two components of system design?

<p>Logical design and Physical design</p> Signup and view all the answers

What are the business objectives related to in the system analysis process?

<p>List of capabilities you want your site to have</p> Signup and view all the answers

What is the difference between System Analysis and System Design?

<p>System Analysis focuses on planning and understanding requirements, while System Design involves building and implementing the system.</p> Signup and view all the answers

What is one of the weaknesses mentioned in the text?

<p>No existing user base</p> Signup and view all the answers

What is one of the threats outlined in the text?

<p>Approach could be copied by competitors</p> Signup and view all the answers

What are the 7 components included in 'Imagine Your E-commerce Presence' vision?

<p>Mission statement, Target audience, Intended market space, Strategic analysis, Marketing matrix, Development timeline, Preliminary budget</p> Signup and view all the answers

What are the factors to consider in determining the 'ballpark' of the marketplace?

<p>Characterize the marketplace in terms of Size, growth, demographics, and structure</p> Signup and view all the answers

What are the three cost ranges mentioned for developing an e-commerce presence?

<p>Simple website: up to $5000, Small startup: $25,000 to $50,000, Large corporate website: $100,000+ to millions</p> Signup and view all the answers

What are the three activities associated with the 'Platform Activity' in e-commerce presence?

<p>Traditional, Mobile, Tablet</p> Signup and view all the answers

What are the three types of activities listed under 'Platform Activity' for the presence in Social Media?

<p>Facebook, Twitter, Instagram</p> Signup and view all the answers

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