Financial Implications of an e-Commerce Solution

Financial Implications of an e-Commerce Solution Financial Implications of an e-Commerce solution  associated to Computer Bits Ltd Designing a website When looking to develop an e-Commerce project, the primary focus is on developing an aesthetically pleasing and interactive for the consumer. Developing a website can be considered one of the main upfront costs that you will need to consider as part of the project. Other costs may not necessarily need to be paid upfront and can be considered as on going. There are various options when it comes to developing themes for your website. You have the option of a pre-made one or a custom developed one. Benefits can be mentioned for both options: Pre-developed templates- For a business that is on a tight budget, this will be the way to go as it is considered for cost effective. Usually, the maximum one would pay for this would be around  £100. Furthermore, if time is of the essence, then this option will allow you to get online quickly and start selling faster. Custom- This is considered costlier as the graphics needs to be developed and designed from scratch. Also, it can take longer to develop as more work is needed to be done. However, benefits include being able to add new features and it can be more tailored for your business and visually more appealing and interactive. Furthermore, it will allow you to create your own brand. This can be difficult when you have the same theme as lots of other businesses. The costs incurred from both options will now be discussed for you to analyze. Shopify, a hosted platform, sells off the shelf pre-made themes for approximately  £100- £120. An agency could set up the store on your behalf, this would typically cost approximately  £1000 for a full store setup. For a more tailored and bespoke theme, you can expect to pay around  £3000. Magneto, a self-hosted platform, would also be able to cater for such a project, however, costs would soar to between  £10,000 to in excess of  £50,000 for complex sites. There are benefits to both and it all really depends on your personal circumstances. In my opinion, I would suggest the off-the-shelf them and a hosted platform. Financial transactions You will also need to factor in the costs of transactions via this medium. There are various gateways that facilitate financial transactions over an e-Commerce platform, but more often they will charge a small percentage of the total order value. Paypal will usually charge a fee of around 1.8%. Hosting and Security This, like the financial transactions costs, can be considered as a recurring cost. Typically, you can expect to pay a monthly fee and the proves vary from host to host. In many cases, security is included as part of the package. Shopify packages range between  £10- £115 and you can expect to get between 1GB-unlimited storage. 34SP provide between 15GB to 82GB of storage space and you can expect to pay from  £15 to  £60. If you opt for an agency to provide this facility and support, then you can be expected to be around  £300 per month and this can rise drastically to around  £2500 a month for complex sites like Magneto. Marketing Without a strong marketing campaign and strategy, it will be difficult to make a success of the e-Commerce solution. In order to increase sales, you need people to visit your website. You will need generate traffic only via a successful marketing campaign. One method of marketing is to use Search Engine Optimization- Google AdWords and these will appear when someone searches for computer related words on Google search. You will only pay per click and you can normally expect to pay around  £370 per month. It is a fantastic way of generating traffic and a highly recommended one. Advertising on social media is also a must, if you are to have a successful e-Commerce journey. Technically this is free, however, in most cases you will need to employ someone who can do this competently. The only other option would be to do it yourself or get a family member to do it on your behalf such as your son or daughter. If you opt to outsource this task to an agency, expect to pay between  £1100- £2500 per month for Twitter and between  £1400- £3000 for Facebook. Another way you can promote your business is via Affiliate marketing. This method works by allowing other companies advertise your products and in return you give them a small percentage of the sales that you get as a result of their marketing for you. Logistics Upon implementation of the e-Commerce solution, you will start to generate sales from consumers who live nationally and internationally. Be able to fulfil these sales will mean that you shop around various parcel delivery companies and means you will have to start paying large amounts of postage fees. The fees will depend on the location, size and weight of the parcel. Cost of re-training staff Staff will need to be re-trained as to how to process orders via the website, via 3rd party sites such as Amazon and Ebay. In addition, you will need to train them to be able to deal will queries via e-mail and on line support. Staff will need to know of the new process and the restructuring could cost time and money. Cost of a mobile app There is also an option of developing a mobile app for Computer Bits Ltd. Selling via this medium can be beneficial, however, I feel as the cost of this would range between  £15,000- £40,000, it is best not to pursue this for the time being. Conclusion In concluding, I feel there e-Commerce will bring for Computer Bits Ltd. With an increase in exposure, the company will see and increase in custom and sales. This will mean that there is more profit and consequently more market share. Your business will be able to source cheaper stock, better products, trade on a platform that looks to be the future of shopping, open 24 hours for trading, and be able trade globally via an array of platforms. The costs mentioned in this report simply outline the things that need to be considered, but in no means, should deter you from pushing ahead with a e-Commerce solution. e-Commerce solution for Computer Bits Ltd Report by Umar Usman Arif Written for Mr Lukas e-Commerce solution for Computer Bits Ltd Objective The objective of the e-Commerce solution is to increase sales, profit and market share of Computer Bits Ltd. The primary focus of the solution would be from a business to consumer market and the domain name that the website can be accessed on will be www.computer-bits.co.uk Market Research All of the research conducted is secondary in nature, as conducting primary will be baseless, expensive and time consuming. All of the competition will be online based and Computer Bits will need to compete against national and international companies. Target Market The market segment for Computer Bits Ltd is to target the average consumer and sell them computer components and peripherals. The products will be sourced from manufacturers and we will aim to resell these at discounted prices. Our competition will be other resellers who have an online presence. We plan to target everyday PC users and small business that fix and upgrade systems. Computer Bits market share will be less than 1% as the worldwide industry is huge and just the PC gaming hardware market was worth more an  £30 billion, let alone the total worth of the components industry. Key Processes In order to maintain a successful e-Commerce solution, Computer Bits Ltd will need at least 3 different decent spec computer systems that will allow your employees to update stock, view orders, order more stock and send out correspondence to customers, suppliers and hosts. The systems will need to have good processors, 8gb RAM, SSD so the systems are fast and have a cloud account where you can save all your data and information. Anti-virus, spyware and malware software will be required to keep the systems secure from viruses and theft. Stock from manufacturers and suppliers will need to be kept up to date and distribution of orders can be done via Royal Mail, Hermes and DHL for international orders. The website and Ebay channel will need to maintained by staff. e-Commerce and Security The website will be hosted by Shopify and will used one of the off-the-shelf templates. I think it will be waste of money if we were to develop a custom one as this not really our aim. Our aim is to sell online, not to create a brand. Branding is more suited to companies that actually produce and manufacture their own products as opposed to resellers like Computer Bits Ltd. Payments from customers will be made via PayPal and Shopify, both debit and credit cards will be accepted methods of payment. 34SP will host the website and provide security as their packages offer better value for money in my opinion. They provide the website and our systems with security software that prevent hackers, viruses and allows payments to be taken via secure HTTPS. Only the website will be start-up costs, the rest will be working so capital to fund the system will be taken from the company accounts. Marketing will be done via Search Engine Optimisation and social media channels such as Twitter and Face book. Furthermore, we will reach out to Affiliate partners such as Amazon, CostcCo and BestBuy. Legislation The company will need to get trained on and adhere to many legislations that relate to distance selling. Customers data will need to kept secure and confidential and Computer Bits will need to be aware of Data Protection Act 1998. The Consumer Credit Act 1974 and Trading Standards mean that consumers have a right to returns and refunds if they are not satisfied with their products. Also, all content on the website will need to adhere to copyright laws and all staff will need to be retrained.

Embryonic Stem Cell Research Essay

Dear Mr. Doerflinger[1], In response to your article on Embryonic Stem Cell Research, I would like to point out that man’s war against disease, has recently advanced dramatically through the introduction of such techniques as pre-implantation genetic diagnosis (PGD), and has been instrumental in both saving lives and preventing disease. This approach, which has already been used to fight such disorders as Huntington’s disease, cystic fibrosis, and more recently, cancer, opens the way for undreamt of possibilities concerning both the future diagnoses of different diseases, and their subsequent treatments (Genetic Engineering, 2007). Throughout the world, thousands of children are born with life-threatening diseases and conditions, which man, through genetic science, is now potentially capable of either treating, or maybe even entirely eliminating. By allowing genetic scientists the necessary freedom to continue with research, and to use the recent advancements that science has acheived in embryo screening, future generations will be able to live longer and healthier lives (Bionet, 2007). Within your statement you claim that â€Å"More than two decades of research using mouse embryonic stem cells have produced no treatments †¦. that are safe or effective enough for anyone to propose in humans. These cells have not helped a single human being†¦Ã¢â‚¬  (Richard M. Doerflinger, 2007). However, in recent years genetic science has already saved, and changed, the lives of many, giving hope to families facing desperate situations. Adam Nash’s birth, in August 2000, is just one example, which so clearly demonstrates the beginning of a whole new adventure that is just beginning to open before man. Adam’s embryo was chosen after having been screened for Fanconi anemia (FA), which is a rare, and often fatal, congenital blood disorder, due to the fact that Adam’s parents’ were both carriers of the disease. They already had one child, Molly, who had been born with the rare blood disorder, and the Nash’s wanted a sibling for their little girl – but one who was not inflicted with the same disorder. However, doctors, through the use of PGD, were able to find an embryo with tissue that matched Molly’s, which led to their daughter being cured. For the first time in medical history doctors â€Å"blended the sciences of in vitro fertilisation, stem cells, and genetic screening† (5280.com, 2005). One-day-old embryos were tested for FA’s genetic code, and healthy ones were further screened for a tissue match. The embryo was then transplanted into Lisa Nash’s womb and immediately after Adam’s birth blood was removed from the umbilical cord. This was then used for the critical, life-saving transplant. Today both Molly and Adam Nash are healthy, normal children that can, along with their parents, look ahead with confidence (ScienCentralNews, 2004). Clearly research is needed to determine whether the use of embryos is murder, and restrictions enforced to ensure that asthetic choices, such as gender and appearence, are not permitted. But medical sicence isn’t interested in obtaining perfect babies, its objective is curing and preventing disease. Therefore, scientific research in this field to should be continued to advance the human race, especially if he is to make any headway in understanding the nature of disease, its origins and its cure. And, although there is a need to address both the ethical and social questions that have been raised by those who fear the posibility of ‘designer babies’, medical science must be allowed to progress, if we are ever to successfully combat diseases and conditions that both wreck lives, and kill human beings (Caroline Mackie Ogilvie, 2007). The likely possibilities are immense; but genes offering protection against fatal and crippling diseases are not the only benefits of this incredible medical advancement. There are also genes that enhance intelligence, the five senses, beauty, and almost every other aspect of man, which opens up other avenues of exploration. Many animals, for example, possess skills and senses that humans don’t have – such as better hearing, or leg regeneration. In the future it may be possible, through gene identification, to incorporate these functions into humans (GMO, 2007), and use them to heal conditions such as deafness, or in limb replacement. It is clear that ethical and social questions concerning the future use of genetic engineering within modern society will need to be addressed. While appropriate democratic laws and structures will hopefully reflect a considered and balance view of the importance of genetic medicine for future generations, such measures should not be allowed to interfere with future scientific research. References 5280.com, Online Article, The Miracle of Molly, 2005. Information retrieved 03/27/2007. Bionet: Explore life science and debate the issues, Online Article, Design-a-Baby? 2007.   Page Downloaded 03/12/2007. Caroline Mackie Ogilvie, et al., Online Article, Preimplantation Genetic Diagnosis—An Overview, 2007. Page downloaded 03/19/2007. < www.jhc.org/cgi/content/full/53/3/255> Genetic Engineering, Joà £o Pedro de Magalhà £es, Online Article, Defining Our Children’s Traits, 2007. GMO: Genetic Engineering, Online Article, Designer Baby Ethics, 2007. Page downloaded 03/19/2007. Richard M. Doerflinger, The Ethics & Religious Liberty Comission, Online Article,   Testimony of Richard M. Doerflinger on Embryonic Stem Cell Research, 2004.   Page downloaded 03/19/2007.    ScienCentralNews, Online Article, Stem Cell Siblings, 2004. Page downloaded 03/19/2007. [1] Audience: Richard M. Doerflinger is Deputy Director of the Secretariat for Pro-Life Activities, United States Conference of Catholic Bishops, where he has worked for 25 years. Among his duties is the preparation of policy statements and congressional testimony on abortion, euthanasia, embryo research, human cloning, and other medical-moral issues for the bishops’ conference.   

What You Dont Know About Essay about South African Samples for Kids

What You Don't Know About Essay about South African Samples for Kids Vital Pieces of Essay about South African Samples for Kids Hiring writers from our website is easy and effortless procedure. 1 Thesis isn't restated. A feasibility study for the proposed Hillside smelter was completed over the last two decades. Now, it was the only planned smelter project, and a number of other proposed projects had been cancelled. Should you ever discover that it's tough to finish your assignment, don't hesitate to get in touch with us. The assignment is getting a burden. Students have to finish this task together with studies and other excess activities in parallel. Students from all around the usa and abroad are encouraged to take part in the Essay Contest. What Has to be Done About Essay about South African Samples for Kids Wi-Fi Internet access is offered in Departures. Mobile phones have undeniably become a fundamental part of daily life. A mobile phone is a portable computer containing several applications. Cell phones in school may be used for communication. You are going to be able to find telephone numbers which you may use to enquire about services and there costs in order to plan the very best vacation to fit your budget. It is possible to visit our official website to learn more about the respective services that we provide. Wi-Fi services are given by G-Connect, a neighborhood web broadband supplier. Our writing services are affordable, and we make sure our customers are pleased with the quality of our work. Finding the Best Essay about South African Samples for Kids The nation's success at developing a competitive edge has lead to the creation of thousands and thousands of jobs. When the information was exposed, all of the relevant parties are confronted with the ideal humanitarian challenges facing oppressors and oppressed alike. Much like a backbone in humans is required to give support and aid movement, a theme is utilised to s.. Perhaps someone is all about to get married. Anything you have organized, decorated cookies will add a little tastiness. Decorated cookies are the ideal add-on to any occasion. There's a cookie for every single occasion. For these places, you need to have private transportation or maybe to call a cab. With the ideal response as an airline business in the nation, it keeps growing. If you're watching commercial aircraft you should attempt to recognize the airline, too. The Turkish airline is the very first to supply this kind of exclusive facility. Moreover, flight attendants for Alaska Airlines had the very same set of health issues a couple of years ago with uniforms made by the identical firm. Just make sure to look at which it provides the best service to your nearest airport and analyze your travel pattern to make the best choice. In such a scenario, the airline has to deliver a refund for you or to offer you the other sort of traveling. British Airways It is the largest airline in the uk, and has more flights to the other side of the Atlantic than any other carrier. Your rights are safeguarded by international legislation. It's estimated SAA will require still another R21-billion during the next few decades. National carriers throughout the world have demonstrated an incredible ability to lose tremendous sums. The South African Airways are always delighted to aid their customers. Moreover, South Africans are a few of the most upbeat, welcoming and humorous men and women you will ever encounter. It is an importa nt country with a complex history and geography. Competition is cutthroat in the present global economy. Both are vital to the smooth operation of the nation, and there aren't any easy solutions. By Train Since this city is a significant rail junction in South Africa you will realize that there are many and regular trains to all portions of the country. It's world's third biggest exporter of coal. A national carrier will, to a point, help the infrastructure deficit by supplying regular, affordable transportation to big cities across the nation.

Skills for Workplace - 1676 Words

IMPORTANT SKILLS FOR WORKPLACE Important skills for the workplace today Nguyen Dang Dinh Van Kaplan University Dip FM 1888. Class 18B SSPDP Ms. Deepa Pillai September 30, 2010 Important skills for the workplace today Nowadays, workers are being requested getting more and more challenges and difficulties in every aspects of working environments. Employers are looking to people who have special skills which can apply directly to many different tasks. Therefore, people have been competed to figure out and practice their personal skills since they are still in the college. There are many important skills for the workplace but I would to say that not all skills are useful for different kinds of jobs. So, they need to†¦show more content†¦To solve these problems, adaptation is a significant factor. Workers will need to use adaptation skills to respect and accept other people lives. When they can adapt the differences from others, they know how to change their perspectives and appreciate others abilities(â€Å"Internet data† 2010). For example, a group of workers are doing a project. They come from different countries with different styles, cultures and religions. They must avoid making any discrimination to each others. So, in this situation they need adaptation skills. It will help you to accept and work well with others. Each person must change their perspectives a bit to link with others. Just when they can do that, they can have a good expectation about their project. They use adaptation skills to have better quality in their jobs. And that’s why workers with adaptation skills will be looked by employers. On the other hand, how students can improve this skill is also a topic that has been widely discussed. Personally, I think college is very good place to practice adaptation skills because there are many different kinds of people in the college. It means they need to learn to adapt different styles from friends, classmates or teachers. Everyone can’t enforce others to follow them. But when they try to understand and adapt others styles by a right way which also can call one kind of practicing adaptation skills such as different teachers ha ve differentShow MoreRelatedSkills for Workplace1692 Words   |  7 PagesIMPORTANT SKILLS FOR WORKPLACE Important skills for the workplace today Nguyen Dang Dinh Van Kaplan University Dip FM 1888. Class 18B SSPDP Ms. Deepa Pillai September 30, 2010 Important skills for the workplace today Nowadays, workers are being requested getting more and more challenges and difficulties in every aspects of working environments. Employers are looking to people who have special skills which can apply directly to many different tasks. 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