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Value proposition of NBF

   

Added on  2022-09-14

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Running head: ANALYSIS OF ELECTRONIC BUISNESS
ANALYSIS OF ELECTRONIC BUISNESS
Name of the Student
Name of the University
Student ID
Subject Code: AMEB600
Assignment One
Company title: Nuts & Bolts Fasteners (NBF)
Word Count: 2000

ANALYSIS OF ELECTRONIC BUSINESS1
Table of Contents
Part 1................................................................................................................................................2
E commerce type for NBF...........................................................................................................2
Value proposition of NBF...........................................................................................................3
Part 2................................................................................................................................................4
Suitable e-commerce model for NBF..........................................................................................4
Domain name for NBF................................................................................................................5
Online Revenue Models..............................................................................................................6
Outline of organisational development........................................................................................6
Part 3................................................................................................................................................7
Private Industrial Network (PIN).................................................................................................7
Analysis of NBF in increase and sales and its efficiency............................................................8
Features of Collaborative E-commerce.......................................................................................8
References......................................................................................................................................10

ANALYSIS OF ELECTRONIC BUSINESS2
Part 1
E commerce type for NBF
E-commerce or electronic commerce is considered as conducting business on electronic
platform or through electronic media. This electronic business can be of different types based on
the way through which the business is done (Laudon & Traver, 2016). The type is generally
determined based on the type of supplier and client present in the business. Primarily, e-
commerce can be classified into the following sections:
Business-to-Consumer (B2C)
Business-to-Business (B2B)
Consumer-to-Consumer (C2C)
Mobile E-commerce (M-commerce)
Social E-commerce
Local E-commerce
Depending upon the types of products that NBF sells, among the above mentioned e-
commerce types, three types of business can be derived by the company to achieve the target that
NBF desires to achieve by the year 2020. B2C, B2B and Mobile E-commerce are the types of e-
commerce that NBF should be focussed on. As the first priority of the company is to increase
their sales by 5% by the year of 2020, hence they have to find out all of the possible ways
through which their business can expand and could reach to the maximum number of people and
organisations. Already they have a big customer base that supports their quality of the service
they provide. Hence, gaining trust of other clients will not be an issue for the company. Besides,

ANALYSIS OF ELECTRONIC BUSINESS3
it is necessary for an organisation to make dealings with every possible types of clients. B2C that
is doing business with the consumers directly will facilitate the company to have access to the
common people who are considered to be the end-user of any product. Positive feedback from
individuals will definitely make the company go for the second type of the e-commerce that is
B2C or business-to-consumer. Providing other business with their products will surely make a
significant increase in their sales (Alsaad, Mohamad & Ismail, 2017). In addition, mobile e-
commerce will make it certain that anybody could reach to the company to clear their queries as
well as make orders for their products and services.
Value proposition of NBF
At present the situation that persists in the NBF and with the strength that it has, the
business can certainly opt for B2C e-commerce where they would do the business by providing
the consumers directly with the necessary resources. A value proposition is the set of promises
that are made based on the asset and facilities that a company has (Payne, Frow & Eggert, 2017).
The value proposition that the company can have by ensuring all of the resources that they have
at this present situation is the following:
1. We have customers ranging from engineers, builders, marines, manufacturers and other
trades.
2. NBF is facilitated with value added Vendor Management Inventory System, reducing
stock-outs providing our customers with supplies without interruption.
3. With a number of 25 expertized personnel, NBF has a list of professional suppliers such
as Pferd, Bosch, Bostik and KC Tools as both our customers as well.
4. A huge range of supplies ranging from Adhesives & Appllicators, Bolts, Clamps, Hose
Clips and a lot more is available to satisfy the needs of our clients.

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