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Ecommerce Flashcards

Learn the process model

1
Q

Opportunity Assessment

A

Reality testing

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2
Q

Opportunity Assessment

A

Belief and behaviors

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3
Q

Opportunity Assessment

A

Is the opportunity real?

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4
Q

Opportunity Assessment

A

Preliminary assessments all categories

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5
Q

Opportunity Assessment

A

Does it match the company’s stategic business plan?

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6
Q

Opportunity Assessment

A

Idea and concept development

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7
Q

Opportunity Assessment

A

Do we have resources?

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8
Q

Opportunity Assessment

A

Can we make a profit?

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9
Q

Market Research

A

Customer values

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10
Q

Market Research

A

Market size

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11
Q

Market Research

A

Consumer profiles

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12
Q

Market research

A

Market Research

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13
Q

Market Research

A

What specific product or service?

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14
Q

Market Research

A

Market Strategy

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15
Q

Market Research

A

Market research

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16
Q

Market Research

A

Marketing

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17
Q

Competative Assessment

A

What are their weaknesses?

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18
Q

Competative Assessment

A

Commonalitites

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19
Q

Competative Assessment

A

Competitors strategy?

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20
Q

Competative Assessment

A

Your competitive advantages

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21
Q

Competative Assessment

A

Who are the competitors?

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22
Q

Competative Assessment

A

Can they be overcome?

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23
Q

Competative Assessment

A

Your strengths and weaknesses?

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24
Q

Competative Assessment

A

What are their strengths?

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25
Q

Strategy Development

A

Assemble the team

26
Q

Strategy Development

A

Match people’s strengths with tasks

27
Q

Strategy Development

A

Assess current capacity of team

28
Q

Strategy Development

A

Conduct initial risk assessments

29
Q

Strategy Development

A

Determine strategic elements: image, commitment, organization, approach, performance, price, experience, & past experience

30
Q

Strategy Development

A

Short term, long term, and start-up strategy

31
Q

Finance Development

A

Limited or minimum capital

32
Q

Finance Development

A

Cost Analysis - start-up, monthly

33
Q

Finance Development

A

1-3 year budget projections

34
Q

Finance Development

A

Revenue projections

35
Q

Finance Development

A

Return on investment

36
Q

Finance Development

A

Minimize financial risks

37
Q

Finance Development

A

Sweat equity

38
Q

Finance Development

A

Equity and/or debt funding

39
Q

Finance Development

A

Full financed debt or equity

40
Q

Finance Development

A

Zero or no debt

41
Q

Risk Assessment

A

Identify all risk elements

42
Q

Risk Assessment

A

Reduce risk elements to low

43
Q

Risk Assessment

A

Mimimize overall risk to everyone involved

44
Q

Technical Development

A

What technology will be used?

45
Q

Technical Development

A

Is the technical infrastructure avaliable?

46
Q

Technical Development

A

What are the physical infrastructure needs?

47
Q

Technical Development

A

Systems development process

48
Q

Technical Development

A

Superior technology

49
Q

Technical Development

A

Unique features

50
Q

Technical Development

A

Connect systems development to strategy and risk plans

51
Q

Technical Development

A

How will it be managed? Updated?

52
Q

Web Review

A

Review as a user

53
Q

Web Review

A

Does it accomplish what it set out to do?

54
Q

Web Review

A

Ease of use, speed, purpose

55
Q

Web Review

A

Feedback from consumers

56
Q

Web Review

A

Follow-up, make improvements

57
Q

Web Review

A

Preferred user experience

58
Q

Implementation/Launch

A

Work the plan into place with the process

59
Q

Implementation/Launch

A

Company structure

60
Q

Implementation/Launch

A

Legal environment

61
Q

On-going Innovation

A

Out with the old and in with the new

62
Q

On-going Innovation

A

Exit Opportunities - as strategy determines or as opportunities present themselves

Ecommerce (3 decks)

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