Secrets of Ecommerce
The world market of Internet subscribers has reached the mark of 400 million and is increasing every day showing a growth rate of 100%. The Asia/Pacific region although comprising mostly of developing countries has reached up to 4 million subscribers. In Pakistan, the 'dot com' culture is emerging at a very fast pace and there has been a mushroom growth of Pakistani commercial websites, information portals, and specialized search engines. Electronic commerce in Pakistan is growing at a rapid pace, which has prompted the government to take a number of e-commerce development initiatives.
The field of electronic commerce is relatively new and its usages are alien to most business enterprises in developing countries. The International Trade Center (ITC) in collaboration with SMEDA (Small and Medium Enterprise Development Authority) has addressed this problem by launching a comprehensive publication highlighting issues concerning electronic commerce.
The book entitled 'Secrets of Electronic Commerce' answers commonly asked questions on various aspects of e-commerce. It addresses issues such as understanding various technical terms, devising electronic commerce strategies, protecting consumer privacy and intellectual property, sending electronic signatures, and generating traffic for small/new websites. An attempt to answer these questions has been made in this guide and suggested sources of additional information are provided. A template for an e-commerce business plan, the finding of research studies with practical impact, and references to websites illustrating specific points are also given.
- The guide identifies SME issues and constraints with regards to e-commerce explaining how to develop an e-commerce strategy and conduct online market research; outlining marketing and online communication techniques and answers questions on legal and financial issues. Characteristics of successful websites have been highlighted, dealing with technical, policy, and country-specific issues. It also provides information on online procurement; describes the role of ITC in providing assistance in e-commerce, programs, and services offered by other international bodies. Its appendices include model professional services agreement with website designers; text of UNECE (United Nations Economic Commission for Europe) Electronic Commerce Agreement; summary of Pakistan's national e-commerce strategy. Also included are a listing of Pakistan's Internet Service Providers and a questionnaire for the ITC survey of SMEs and export development organizations on e-commerce on which the guide has been based.
The book, which has already been launched in 32 countries, is a part of the 'Trade Secrets' series launched by ITC. It contains globally relevant information and has been indigenous according to various regions. In Pakistan's case, all the local information required has been provided by SMEDA. Within the annexure of the book, a list of relevant government departments and private sector institutions has been included. This list also includes Internet Service Providers (ISPs) and educational institutes offering IT-related education.
The information available in this publication is of immense usage for businesses that are seeking to expand to foreign markets or entrepreneurs who are doing well domestically and seek to expand their business through the electronic commerce market. The book can be used as a reference tool by small business consultants who need a credible and quick guide on basic issues of electronic commerce. Its importance as a textbook cannot be underestimated as it can be of tremendous benefit to students and instructors of electronic commerce.
Secrets of e-commerce is a new guide for small and medium-sized exporters planning to expand their sales in foreign markets by using electronic commerce as a sales marketing and communication tool. Finding out what tools are available, what is suitable, and how best to implement them can be an expensive and time-consuming task. This publication represents a substantial research effort into technology, usage vendor, and market information concerning e-commerce. It discusses and sets out everything you need to make an informed decision about the opportunities and threats that e-commerce might represent for your business.
Contact the nearest SMEDA office on how to buy this book!
Table of Contents
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Introductory issues - What led to the creation of the World Wide Web?
- What is electronic commerce?
- Will e-commerce capture a bigger share of the retail market?
- Why is the internet important for trade?
- What are the common mistakes, enterprises make in regard to e-commerce?
- How is the Internet changing the way business is conducted?
- What is the level of Internet use by businesses?
- What industries have been changed most profoundly by e-commerce?
- What internet-based services provide assistance to SMEs on e-commerce?
| Online market research - How is the Web organized to disseminate information?
- What is the International Trade Center's Index to Trade Information Sources on the Internet?
- Where can I find information on technical standards, phytosanitary regulations, and environmental and consumer protection requirements of my product?
- How is the Web
organized to disseminate information?
- What is the
International Trade Centre’s Index to Trade Information Sources on the
Internet?
- Where can I find
information on technical standards, phytosanitary regulations, and environmental and consumer protection requirements for my product?
- What are some
Internet directories of sources of information for e-market research?
- Where can I find
information on what my competition is doing?
- Where can I obtain
information on foreign markets?
- Where can I access
market research on my sector?
| Online marketing techniques - How do I drive
traffic to my site?
- How do I find buyers
and where can I find them?
- What factors
determine which products or services will sell well on the Internet?
- What services sell
well on the Internet – and why?
- What products will
consumers seek to purchase online?
- Where can I find
information on trade shows in my product line?
How do I get my
products listed prominently by the major search engines?
| Online communication techniques - How do I write
effective e-mails, and what are appropriate ways of communicating through the
Internet?
- What are newsgroups,
listservs, direct marketing, and industry websites and how can I use them as
part of my e-commerce strategy?
- How do I organize an
effective, well-attended discussion forum or virtual conference?
- How can I improve
communication and customer service through e-mail and websites?
| | Legal issues - Are there
international or national legal frameworks for e-commerce?
- Which national law
will cover cross-border electronic transactions between a seller and a buyer?
- In the event of a
dispute, which court will have jurisdiction over a cross-border contract agreed
upon electronically?
- How can I ensure that
an agreement made electronically is legally binding?
- If a buyer accepts
online my online offer of goods for sale, am I legally bound by a contract?
- How do I sign a
contract electronically? Is an electronic signature as binding as a written
signature?
- How can I guarantee
that the terms I actually see on my computer are identical to those that the
another party has issued on its site?
- How can I protect my
business, brand name, domain name, and published material from being copied on
the Web?
- What guidelines and
regulations exist for the protection of the confidentiality of electronic
exchanges?
- What are some key
issues related to the taxation of Internet transactions?
- What are some of the
arguments for and against the taxation of Internet transactions?
| | Security and encryption - Is e-commerce safe?
If it is, why are many people afraid of making payments through the Internet?
- What is being done to
reassure consumers about the increased safety and privacy of Internet
transactions?
- What else can be done
at the national and sectoral level to protect online customers? How can I
protect my customers and earn their trust?
- How can consumers
shop online with confidence?
- How do I protect
myself from e-commerce fraud?
- How do I inspire
confidence in my trustworthiness as a supplier through my website?
- How is an online
privacy statement formulated?
- How do I provide a
secure credit card payment system on my website?
- How do I build
firewalls for system integrity, virus protection, and protection from intruders?
| Financial issues - When is a country
ready for e-commerce?
- What cost items
should I include in the calculation of my e-commerce sales price?
- How do I get
information on payment procedures and taxes in different countries?
- Should I quote a
sales price in my local currency, the currency of my target market, or in
euros, United States dollars, or yen?
- What financial costs,
both hidden and unhidden, of e-commerce should I be aware of?
- What are the
different methods of payment that can be used with e-commerce, and which are
the safest or simplest?
- How do I check
whether the financial systems in my country and in my target, markets are
technically ready to handle e-commerce transactions? If they are not up to
standard, do I find interim solutions or should I wait?
- How do I set up
payment arrangements with credit card companies? Will these require related
arrangements with a bank? What are the average fees involved?
- Do I need to check on
my customer’s financial status to ensure smooth payment? Do I need to clear
payment with credit card companies? Is there anything else I should do to
ensure that I will be paid?
- If payments are made
to my company through a credit card transaction, who is liable for loss of
goods in the mail or for delays in delivery arising from postal strikes and the
like?
- Will e-commerce
payment procedures are standardized?
| Characteristics of successful websites - What makes a website
successful?
- What is the secret of
successful website designing for e-commerce?
- What are the essential
elements of a well-designed website?
- How do I get my
website translated accurately?
- What are some of the
creative ways used in developing countries to serve people online?
| Technical issues - What questions should
I ask of an Internet service provider and a web designer?
- If my country’s
telecommunications infrastructure is inadequate, what are my e-commerce
options?
- What hardware is
required for engaging in e-commerce?
- How do I create a
website?
- How do I set up a
secured server cost-effectively?
- Why do I need a
domain name and why do I have to register it?
- How do I register or
buy a domain name?
| Policy and country issues - What policy and
technical issues must be dealt with at the national level?
- What is the perspective of developing countries vis-à-vis the World Trade Organization and
e-commerce?
- What are some of the
positive and negative implications of e-commerce for developing countries?
- What are the
constraints to developing countries in regard to e-commerce?
- What issues should
governments take into account when developing a national e-commerce strategy
for SMEs?
- What are the
essential elements of a national e-commerce strategy?
- How have some
developed countries formulated their national e-commerce strategies?
- How have some other
countries formulated their national e-commerce strategies?
- How can government
and national organizations facilitate e-commerce in developing countries?
- What access do
various countries have to telecommunications infrastructure?
| Online procurement - How do I start
e-purchasing operations?
- How much will the
various options cost?
- How can I use
e-commerce to generate value in my supply chain?
- What steps should I
follow to move from EDI to e-business on the Internet?
- How will e-commerce
affect my relationships with my suppliers and customers?
- Do I need to
reconfigure or reorganize my supply chain to obtain optimum benefits from
e-commerce?
- What benefits can a SME derive from using e-commerce in its supply chain?
- Do generic supply
chain management systems exist? Are they compatible, and what are the issues
associated with their integration with Internet technology?
- How do I access
opportunities for supply chain management contracts in the public sector in my
country and in others?
- What sources of information does the Internet provide to help buyers in sourcing and purchasing
inputs more competitively? What procurement operations can be replaced or
supported by electronic means?
| Other issues - How does the
International Trade Centre (ITC) provides assistance in the area of e-commerce?
- What other
international bodies carry out programs and services to facilitate
e-commerce?
- What areas of e-commerce require further research and inquiry?
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