Argumentative Essay about Business Plan

Last Updated: 12 Mar 2023
Essay type: Argumentative
Pages: 3 Views: 60

The main reason to have the clothing business on Commerce is because it has the biggest potential to give a free rein to enormous savings and business efficiencies. However the practicalities remain indefinable. The commerce focus the way to handle the change in the global planning and purchasing of transport as well as it contribute to the supply chain as logistics. The key activator to E-business is defined as logistics. Well there comes a question how benefits are enabled to ensure individual logistics and transport companies or will it perish in the revolution of E- commerce.

E-commerce is the electronic business. Though which clothing business can enter to the power of computers, the internet and shared software to deliver and et product specifications and drawings, buying orders and receipts, bids, and other they of information related to data that is required to be conversed to suppliers, the public, employees and most importantly with customers. Below written is the SOOT analysis of Men and Women Clothing business at Jersey Shore Boardwalk (Edutainment, 2002).

SOOT Analysts: Strength: 0 The huge advantage of the E-commerce clothing store will be Global location I. E. Boundary less 0 There will be no time constraints to it. 0 Biggest benefit is price and product comparison can be made easily. 0 It will be cost effective for the clothing store. 0 The clothing store can easily direct communicate with consumer and can improved customer interaction. Moreover an E-commerce site will allow the clothing store to have flexible target market segmentation. It will be simple and easier to exchange of details and information.

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You will have a lower transaction cost and not only this you can easily do arrangement of products. 0 Customers can experience faster buying procedure 0 Company don't require to have a physical set up 0 Transactions are made easily. 0 Availability of Niche products Furthermore an advantage of low operating cost. Weakness: 0 Security is a big concern for every customer if they are buying online for verification of their personal information like credit card and other related secured information. 0 There a chance of fake websites similar to our open and used our name. Chances of fraud 0 Customers have fewer discounts offered and no chance of bargaining is available. 0 It might take long delivery timing. 0 If the quality is not maintained by the company related to the physical condition of the clothing products will become the biggest disadvantage for the company. If you are selling limited products in the clothing category or limited styles might 0 Might have a more shipping cost. 0 Customers get limited exposure and you get limited excess to advertising. 0 Hard to fulfill customer's satisfaction (Swags & Simian, 2012).

For tax issues and purposes a verified address and identity of the location is necessary. International tax laws may hurdle against certain encountered references with legal issues and problems related to the technology. 0 There is a big hurdle in making the 4. Thoroughly described 2 online crimes prevalent in e-commerce and what you would do to prevent these crimes. 1. Credit cards frauds These are the biggest of all crimes going around the e-commerce business. Preventive majors: 0 Using address verification system in order to prevent credit card fraud. Verify about any anonymous or suspicious email. 0 Need to know the purchaser IP address to follow up if any fraud is involved in the transaction. 0 Keep interaction with the customer and verify customer billing address and bank details related to the customer. 2. Blocking and Censorship: 0 Filters should be added to your website in order to stop blocking access to control it. 0 Security needs to be more effective in order to provide protection to the customers. It is very important that an e-commerce website should comply with the policy related to censorship and blocking to be followed accordingly.

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Argumentative Essay about Business Plan. (2018, Jan 11). Retrieved from https://phdessay.com/business-plan-3/

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