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[8] 2002 e-business-strategies-for-virtual-organizations

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e-<strong>business</strong> <strong>strategies</strong> in the <strong>virtual</strong> organization<br />

aids in customer retention and repeat orders <strong>for</strong> the organization.<br />

Today’s electronic commerce isn’t limited to shopping over<br />

the Internet. It’s also not confined to supply chain transactions<br />

between large trading partners. Electronic commerce means<br />

doing <strong>business</strong> electronically – all of the aspects of doing<br />

<strong>business</strong>. It embodies the total <strong>business</strong> process – from advertising<br />

and marketing to sales, ordering, manufacturing, distribution,<br />

customer service, after-sales support, and replenishment of<br />

inventory – managing the entire customer and product life<br />

cycle.<br />

When we look to apply e-<strong>business</strong> <strong>strategies</strong>, we are applying<br />

new technologies to streamline our <strong>business</strong> interactions. These<br />

technologies use the Internet as a backbone, but are increasingly<br />

looking to integrate advanced telephone systems, hand-held<br />

digital appliances, interactive TVs, self-service kiosks, smart<br />

cards, and a whole host of emerging technologies. All of these<br />

customer-facing technologies are supported, behind the scenes,<br />

by integrated customer databases, call centres, ERP and workflow<br />

systems, and secure transactional systems. They require<br />

sophisticated management so that systems communicate –<br />

seamlessly, reliably, and securely – across corporate and geographic<br />

boundaries.<br />

10.4.1 Common customer management<br />

themes<br />

When we look at how companies are looking to manage the<br />

customer experience in a new way, we can identify eight<br />

recurring themes. They are:<br />

� Targeting the right customers.<br />

� Owning the customer’s total experience.<br />

� Streamlining <strong>business</strong> processes that impact the customer.<br />

� Providing an all-round view of the customer relationship.<br />

� Letting customers help themselves.<br />

� Helping customers do their jobs.<br />

� Delivering personalized service.<br />

� Fostering community.<br />

10.4.2 Targeting the right customers<br />

First, we need to ask whether we have identified the most<br />

profitable customer segment? Which people make or influence<br />

on purchasing decisions? Which group of desirable customers<br />

are defecting or choosing a competitor? Therein lies the first<br />

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