Posts Tagged ‘eCommerce’

Good Reasons to Conduct B2B Commerce

Tuesday, September 8th, 2009

Businesses have many reasons to conduct B2B Commerce. B2B Commerce can be used for contract manufacturing, customs declarations, forecasting and demand management, global trade compliance, hazardous material handling, order and inventory management, and supply-chain logistics. There are many benefits and reasons to conduct B2B Commerce (see The B2B Learning Center for more on How do companies use B2B?). Benefits and reasons to conduct B2B Commerce include:



Eliminate Manual Processing. B2B Commerce replaces email, faxes and paper documents with electronic forms/files.

Reduce B2B Processing Cycles. Removes manual steps in key B2B Commerce processes. Processing times can be reduced from days to hours or minutes.

Eliminate Dual-Data Entry. Eliminate Dual-Data Entry by allowing customers to place orders from within their own business application, instead of requiring customers to manually place orders via the supplier’s eCommerce Website only.

Improve Data Quality. Improve data quality by eliminating manual and duplicate data entry steps. The quality and accuracy of business information can be greatly improved.

Improve Demand and Supply Forecasting. Balance demand and supply by collaborating with customers online to develop accurate short- and long-term forecasts while managing inventory consumption and replenishment activities. This can all be done electronically at a detail level in a cost-effective manner.

Manage Complex Logistics Operations. Manage Complex logistics by automating shipment and customs processes and using RFID technologies for efficient delivery of products globally. Uses: Product Order Matching and Visibility.

Improve Communications Between Business Partners. Communicate with Outsourcing Partners by sending standards-based business documents ensures accurate instructions, reports, transactions, etc.

Better Manage Contract Manufacturing Activities. Monitor Contract Manufacturing Activities by receiving automated work-in-process information about production rates and yields.

Secure Data Movement. Replace Unsecured Email Attachments by using B2B Commerce solutions that automatically handle encryption and digital certificates for information privacy.

Many small and medium-size businesses have missed the opportunity with B2B eCommerce. Read more about The Missed Opportunity of B2B eCommerce.

Back to B2B Commerce Resources.

Online Social Networking Shift – Relationships to eCommerce

Saturday, July 25th, 2009

Social Media – A Major Paradigm Shift. Online social networking is causing a shift in the way we do things. This shift, this paradigm shift, is not just affecting personal relationships, but will soon affect all aspects of our lives to include eCommerce. This shift has all the makings of being just as profound as the introduction of the printing press, mass production of automobiles, and the invention of the telephone (hopefully I am not being too dramatic).

Paradigm Shift - Social Media is a Rule Changer

The Social Media Paradigm Shift – A Rule Changer for Individuals and Businesses

Just When You Learn the Rules, the Rules Change


Online Social Networking Upheaving Mass Media, Government, Local Communities, and Business. Online social networking is now affecting how we connect with each other and our personal activities. Online social networks are starting to move beyond personal relationships and activities to actually building communities. These online social networking communities are and will soon become more important social influences and governance than our Governments, mass media, churches as well as local clubs and local community activities. This online social networking shift will also affect how individuals and businesses conduct eCommerce.


Online Social Networking Shift Unfolds – 5 Stages.


Jeremiah Owyang’s article, The Future of the Social Web: In Five Eras spells out distinctly how the paradigm shift of online social networking is unfolding. The five stages or eras are as follows:

1) Era of Social Relationships: People connect to others and share.

This stage of online social networking is already upon us. Almost everyone on the internet is using social network sites such as FaceBook, Twitter, StumbleUpon, LinkedIn to name a few to connect and share with others.

2) Era of Social Functionality: Social networks become like operating system.

This stage of online social networking is just starting to evolve. Many of us are now using social software that is “out on the internet” versus on our isolated desktop. More and more, we are conducting more and more activities on the web using social software. This online social networking software can be called many names to include widgets, rss feeds, software as a service (SaaS), cloud computing, open source, and so on. The key thing is that we are being less-governed by proprietary operating systems and large software companies on what software applications we use and what activities we perform with their software.

3) Era of Social Colonization: Every experience can now be social.

In this stage your social identity is no longer defined or restricted by a given social network. Your online “human” relationships and community transcend online social network applications. Your online ID starts to becomes portable and your particular online “human” community is not affected or dictated to by a given social network, company, or software application. Today you have one logon for FaceBook and another for Twitter. One person uses Yahoo! home page another uses Google. This will no longer matter. Your online “human” community will be fully empowered and governed by its human relationships and interests, and be less influenced by outside interests.

4) Era of Social Context: Personalized and accurate content.

In this online social networking stage, individuals and businesses will have more opportunities to receive better and actionable information to make better decisions. Today we have limited information or are greatly influenced by mass media, good or bad, on what information we receive for making decisions like what car we drive, how we dress, how we invest, and so on. With social networking, we have the opportunity to quickly and easily get recommendations, transparency, and advice from people who we know, who we trust, who are unbiased, and know what they are talking about on a given subject. Just think about how many of our decisions are based on commercials, marketing literature, celebrities, scammers, and unknowledgable persons. Online communities are currently self-organizing to give us better and better information for us to make better and better decisions about day-to-day decisions, business decisions, and life decisions.

5) Era of Social Commerce: Communities define future products and services.

Businesses more and more will not be able to throw money into marketing campaigns to prop up an inferior product. More and more communities are shaping brands and determining what is good and not good. Businesses will continue to become more and more transparent, where their only option is to provide value to the community (end-customer or business community) or perish. Social commerce will also have an effect on how people and business pay for products and how products are distributed. Examples include people using a collective shopping cart to shop at several online stores at once, businesses providing open access and geo-coding to all their products and services for true supply chain visibility to all their business customers, and so on.

What Should Businesses Do? This is a time for businesses to get involved and see how they should best fit into online social networking. The customer is more and more shaping how we should do business.

Beyond Internet Bubble Business Models

Thursday, July 16th, 2009

“Just get tons of traffic to your web site and then worry about how to make a profit”. This use to be the internet business model for any successful internet business. A lot has happened since the glory days of the Internet Bubble. The “maximize traffic” internet business model use to work at least for some internet businesses. Now things are changing. The internet has several successful business models now that work. Here they are (per Jun Loayza):

Internet Bubble Mascot - Pets.com Sock Puppet

Internet Bubble Mascot – Pets.com Sock Puppet


1. Freemium Model. “This business model works by offering a basic service for free, while charging for a premium service with advanced features to paying members.” Example Businesses: UserVoice, Flickr, Vimeo, LinkedIn, and PollDaddy.

2. Affiliate Model. “This is a model in which a business makes money by driving traffic, leads, or sales to another, affiliated company’s website. Businesses that sell a product, meanwhile, rely on affiliated sites to send them the traffic or leads they need to make sales.” Example Businesses: Illuminated Mind, ShoeMoney, DIY Themes.

3. Subscription Model. “Sites using the subscription model require users to pay a fee (generally monthly or yearly) to access a product or service.” Example Businesses: Label 2.0, Scrooge Strategy, Netflix.

4. Virtual Goods Model. “Users pay for virtual goods, such as weapons, upgrades, points, or gifts, on a website or in a game.” Example Businesses: Acclaim Games, Meez, Weeworld, Facebook Gifts.

5. Advertising Model. “Sites that rely on advertising, sell advertisements against their traffic. In basic terms: the more traffic you have, the more you can charge for ads (additional demographics about your site’s visitors, such as age, gender, location, or interests, also affects the amount you can charge advertisers to place ads on your site).”

See Mashable’s posting, 5 Business Models for Social Media Startups, for more details on internet business models.