E-Business Models & Website Design Essentials
E-Business Models: Foundations & Strategy
Understanding the structure of business models involves examining the relationships among their elements and how they interact to define how a business operates and generates value.
Content of an E-Business Model
- Information exchanged.
- Resources and capabilities required to enable the exchange.
Structure of an E-Business Model
- The parts that participate in the exchange.
- The ways that parts are linked.
- Order process and adopted exchange mechanism.
Characteristics of Viable E-Business
- Design programs that take advantage of the internet.
- Leverage digital assets to reach different markets.
- Build confident relationships.
- Add value.
- Generate synergistic effects.
Types of E-Business Models
E-business models can be broadly categorized:
- Category I: Focused Distributors, Portal Models, and Producers.
- Category II: Brokerages, E-Shops, E-Malls, E-Auctions, Trading Communities, Virtual Communities, Buyer Aggregator Models, Classifieds, Infomediaries, etc.
Key Ingredients of a Business Model
These are the key questions a business model must address:
- Value Proposition
- Revenue Model
- Market Opportunity
- Competitive Environment
- Competitive Advantage
- Market Strategy
- Organizational Development
- Management Team
E-commerce I vs. E-commerce II
- E-commerce I: Technology-driven, focused on revenue growth.
- E-commerce II: Business-driven, focused on earnings and profits.
Major Business-to-Consumer (B2C) Models
- Portal (Horizontal/Vertical)
- Community Power
- E-Tailor
- Content Providers
- Service Providers
- Market Creator
Major Business-to-Business (B2B) Models
- Marketplace (Horizontal/Vertical)
- E-Distributor
- Service Provider
- Matchmaker
- Infomediary
The Importance of E-Business Strategy
Without a clear e-business strategy, businesses risk missing opportunities for additional sales and falling behind competitors in delivering online services.
Dynamic E-Business Strategy Model
The strategic process typically follows these stages:
Knowledge Building and Capability Evaluation → E-Business Design → E-Business Blueprint → Applications Development and Deployment
Steps to E-Business Success
- Start high (aim for ambitious goals).
- Think fresh (innovate constantly).
- Know your market.
- Set a clear vision.
- Define your strategy.
- Create (implement your plans).
- Refresh regularly (adapt and update).
Website Fundamentals & Design Principles
Understanding Websites: Pages, Sites, and URLs
- Pages (HTM/HTML): Individual documents, often focused on a single theme, requiring careful layout planning.
- Sites: Collections of multiple pages covering various themes, requiring comprehensive planning for layout and navigation.
- URL (Uniform Resource Locator): Comprises three main parts: protocol, server name, and file name.
Key Elements of a Website Layout
A website is a location on the World Wide Web (WWW) that contains web pages. A compelling web layout should be visually appealing, contain relevant content, and aim to attract user attention. It must also be regularly refreshed to stay current.
Website Templates and Webpage Elements
- Templates: Common formats include basic grid, hierarchical, web layout, and sequential.
- Elements of a Webpage:
- Title of the web page
- URL
- Information, graphics, text, and other media
- Visual elements
- Website layout
- Links
- Common Webpage Layout Areas: A typical webpage often follows a square-like structure:
- Top-left: Logo
- Top-right: Header
- Bottom-left: Menu
- Bottom-right: Content
Website Evolution and Design Approaches
- Typical Website Evolution:
- Generation 1: Replaces paper information.
- Generation 2: Incorporates flashy elements.
- Generation 3: “Bleeding edge” technology, sometimes at the expense of content.
- Generation 4: Content and technology are fully integrated.
- Methods of Design:
- “Ad hoc”: Quick, immediate need for a website.
- “Methodical”: Well-planned and structured approach.
Principles of Good Website Design
A well-designed website is understandable, interesting, easy to use, and adheres to the “What You See Is What You Get” (WYSIWYG) principle.
Website Design Process & Launch Steps
The design process typically involves:
Discovery (assess needs) → Design Exploration (generate multiple designs) → Design Refinement (develop the chosen design) → Production (prepare design for handoff)
Followed by these essential launch steps:
- Get a domain name.
- Find a web hosting service.
- Design, build, and upload your website.
Key Website Design Elements
- Overall Look: Defines the page’s goal, clarity, and appropriate, organized content.
- Content: Must be organized, relevant, unique, and easy to read.
- Navigation Tools: Crucial for creating your website’s identity and ensuring user-friendliness.
- Graphics: Add value and enhance the visual appeal of the page.
- Page Layout Structure: Ensures a logical and intuitive flow for information.
- Descriptive File Names: Important for organization and SEO.
- Complete Contact Information: Builds trust and accessibility for users.
Website Usability & Readability
Key aspects of usability include user satisfaction, learnability, memorability, and minimizing errors. Users typically scan rather than read web pages. To make pages more readable:
- Use scannable text (e.g., headings, bullet points).
- Present one main idea per paragraph.
- Enhance credibility through clear and concise writing.
- Employ the inverted pyramid style (most important information first).
- Adopt a consistent and appropriate writing style.