Explore the impact of e-commerce on a London-based restaurant, Ledbury, including business functions, stakeholders, global impact, market potential, financial implications, and e-commerce solutions.
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Business Skills for e-Commerce 0
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Introduction Ledbury is a London based famous restaurant which is focused onBritish cuisine. It is also offered theonline platform for their customer. Some renowned evidence about Ledbury are: It provides the menu as breakfast, lunch, and dinner.4 different product codes are offered The restaurant is offered the service as food menu and wine menu. It is ranked in top 50 restaurants of the world in 2017. It is Two Michelin Stars restaurant tag in 2018. Ledbury is opened in 2005 by Brett Grahm. He is the head chef at the restaurant. It is offered their service online which through it is connected millions of customer and suppliers. But this restaurant success is increased after 2009.Now it is seen in world best restaurant(The Ledbury., 2005). In the first section, we will Ledbury restaurant goals and departments with their role in the organization. Even, we will tell about restaurant goals with their stakeholders. In the second section, we will explain the pro and cons of E-commerce system for business and tell about the global impact of E-commerce In the third section, we will describe the market potential for restaurant organization, comparison with other organization and also discuss about financial implications. We have designed the e-commerce system for the success of the organization. 3
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LO 1: Understand the structure and aims of business organizations P1.1 Assess the core business functions of your chosen organization. Ledbury is an organization in the food industry. Here, I am going to describes core business functions for Ledbury restaurant. Customer Support:it is a core function forLedbury restaurant. Ledbury is offered number of customer support services Ledbury is provided the phone and email on each page of the website so customer easily contact the organization. Figure1: Ledbury contact details for customer supoort Ledbury website is also feedback form which describes user feedback. It is useful improve the service of the organization. Figure2: Feedback Form Nowadays, each online websites is provided Help section. In this section, the user can chat with a machinist. 4
Figure3: chat window for Customer support Ledbury is used Customer Support function to improve organize service and users experience which make a long-term customer. Marketing Department: Marketing Department has handled the organization all products, their raw material and synchronizethemsoItistheimportantdepartmentforanorganization.Marketing Department is managed following task which is described below: An organization success is depended on behavior market research and customers because market research is the help to recognize the opportunities for organization and tell about target markets and customers are told about the services and products which provided by the organization. The marketing team is recognized and managed the company brand value. They will tell that who is the organization, what thing organization deal with, what organization viewpoint for. The marketing team is recognized products and services so the organization can emphasis on the cycle sales. They will be promoted the business, manage the materials. For growth organization, they must up to date with the market. 5
The marketing team will be planned the campaigns for restaurant advertising, designed the website, manage the press, and release magazines such as promotional material, brochures or sent customers newsletters. Ledbury is a London based restaurant which is hired a strong marketing team. This organized is deal with restaurant business with lots of customers and dealers. In the London, everyone knows about the restaurant and it is also available social media (Zorzini, 2017). Figure4: Social Media Web Designed department:it is important for SEO (search engine optimizer). SEO is a set of techniques that enhance the access of a webpage on the search result. SEO main purpose is increased the rank of the website. Google, Microsoft, and Yahoo are important to search engines but Google retains share 91% in the market. For the make money online, organize has good SEO (Qureshi, 2016) Figure5: SEO Performance Ledbury SEO has a high rank in search result. 6
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Figure6: SEO Score of Ledbury Restaurant Security department: Security is the higher priority for every organization so companies have much investment in this department. If organizations website is not secure, then it is decrees the sale and brand value. Figure7: Security of website For the security of the website, web designer prevents pop-up ads because pop-up ads take visitor particular webpage but it steals sensitive information of the customer. So Ledbury website prevents the pop-up ads on the website. Another reason blocks it, the customer does not like (Woodfield, 2014). Payment Department:Ledbury contains a secure payment system so the client doesn’t worry about security.They have a payment system in which customer is paying for the service to the owner but the owner gets money when the service or product is delivered the customer. There is a return policy when the customer is not satisfied with Ledbury service. Here, one important thing that system get only money but it can’t store the card detail of customer (Woodfield, 2014). 7
Figure8: Payment process Ledbury has number of departments and each department has own status in the organization like as: Event management department which manages all events which are held for restaurant growth. HR department which managed the restaurant employ and team which is developed the business. The delivery department which managed all service that given customers. 8
P1.2 Evaluate your chosen organization's business aims and show how they relate to their stakeholders. Organize is defined their business goals which are achieved as soon as possible next months. It is necessary for company growth. Ledbury organize business aims are Enhance the organize according to market Establish a brand value Increased the turnover Organize the Event with offers and they require balance between them Compete from market and make survival in the market To increase services or menu that customer wants. Permanent interaction with the regular customersthat help to improve service according to needs and requirements Good communications and customer service advantage Stakeholders: it is an individuals or groups of person and organizations that are related to the business. Stakeholders are affected by the business activity (Slideshare, 2013). Figure9: Name of Stakeholder Name of Ledbury stakeholders: Sponsor The customers The managers/ staff Creditors / bank Supplier Government/MOH 9
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Media Local residents Competitors On the following table, we will notice the relationship between the business goals and the stakeholders (mohamed, 2013). Goal of BusinessStakeholders Enhancetheorganize according to market Organize staff member and Owners want to increases the business because it is necessary to make money. Increased the turnoverCustomershaveincreasedthe turnoverand profitof the business but it is also depended on organization service. Compete from market and makesurvivalinthe market Business survival in the market is dependent on their service and plan. For Ledbury, their staff member and customer are managing the market survival. Toincreaseservicesor menu that customer wants Business Suppliers are focus on increasing the service but it is depended on what service customer needs. Customer will be easily paid for these services. OrganizetheEventwith offersandtheyrequire balance between them Ledbury held many eventsbecause it isinteractingwith different people that increase their customer. It helps the success in business. But it is not possible without good staff. Permanent interaction with the regular customersthat helptoimproveservice accordingtoneedsand requirements Every business has the first priority that makes their customer happy.Becausebusinesssuccessdependsoncustomer happiness. Establish a brand valueOwners want to establish a brand value. It is the top priority than revenues. Good communications and customerservice advantage Staff memory requires good skills of communications and customer service because they do not want to lose their customer and defeat from competitors. 10
Table1: Relationship between business goal and Stakeholder 11
LO2: Understand the impact of e-Commerce P2.1 Analyse the impact including the risks of introducing an e-commerce system to chosen organization Ledbury restaurant is anorganization formy e-commerce system. According to Jim (2016), E-commerce system is the heart of each organization. It is more important than the selling and marketing. E-commerce system is provided business worldwide which is increases the customers that raise the turnover of the business (Content Writer, 2013). There is showed the growth of online and tradition system below : Figure10: Growth of Online Vs. Physical System E-commerce system is available 24*7 for the customer so the customer can buy any product or service anytime and anywhere with just a click. The online trading system has reduced the cost because it does not the requirement of the staff member and also does not the place to open the business. It also maintains all transactions easily. In the Ledbury restaurant case, it is also provided the online trading system which is including the number of service and products are provided. Open an online organizes is more easy compare than the traditional store. For the traditional store, we required hiring employ, search a place for the open shop, a payment system to manage all transactions but the online organizes, we need to start-up capital and funding resources. According to Natalie (2017), online trading has some disadvantage like as As the organization, we did not identify customer is trust the product or service and not. In the online trading, we cannot manage investment because sometimes investment is too fast or too much. It is an internet dependent process so without internet user can’t access. 12
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There is no personal relationship built between stockbrokers. In Buying process is create error due to some missteps in a computer system (campisi, 2017). For the Ledbury restaurant, customer trust on the product/service does not matter for the organization because Ledbury restaurant is offered a return policy for their customer when they are not happy with service or get another service which they do not want. Another reason, Ledbury restaurant have massive sales of their product every day. The customer is happy with E-commerce organization because it offered discounts their service regular base. Online trading can easily offer discounts because their cost is reduced in the number of the department like as (staff, rent place, bills). It can do the cost of product rapidly up and down. For the online trading, security is a major issue. Organizer and customer is worry about security of e-commerce system because hacker wants to steal financial and personal details of customer. Figure11: Security attack process on website But the Ledbury is used secure payment system so all transactions details are hidden and secure. Even the customers also know that its payment system is secure. Online trading has the major disadvantage that it is dependent on the internet. So without internet service, we can't access the trading system.Organize business is a risk if Internet provider is intersected between their services. 13
Online trading is offered their customer free delivery. But in the traditional system, the customer is collect the product from the traditional shop. In Ledbury restaurant, it is contacted by London famous delivery company and provide the free delivery or charge is applied according to the weight of product or delivery area. Figure12: E_-commerce system Need 14
P2.2Discuss the global impact of e-Commerce on society E-commerce system is a platform for purchasing or vending online. It is useful for old age and disabilities people because it is an option for those people. Distance is big issues which are solved by the online trading system because using of the online trading system, people can be purchased from their own home (that is comfortable). The online trading system is offered discount and also save the time of customers. It is provided a global market for the user because it is available 24*7. It increases the competition between organization. It also increases the cost of advertising. Social media is the best option for advertising. Unemployment is a negative side of the E-commerce system. Because it reduced the size of the team and all work is managed on the online system. Figure13: Unemployment Graph After the introducede-commerce system, Organize is required lots of change in customer service because people are preferred the online trading. Online trading is available for 24*7 so people can buy the product according to their timing and it is offered the number of services so people chose the product according to their term. With the help online trading, people can track their products. Ledbury is an online trading restaurant which is provided online chat option for their customer. Online chat section help to solve the problems. It is also offered number and email address for the customer. 15
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Figure14: Online order Process Today, people want to spend their time in drinking, smoking, and Internet because they are addictive these things. But addiction of anything is dangerous. In the online trading, Delivery of products is major issues because the customer is not happy with the delivery or worn delivery. Ledbury restaurant is provided free delivery and paid delivery. It is depended on product and area of delivery. If a customer gets quickly then they will be paying an extra charge. Online trading does not need to hired to staff for manage shop, sales, and billing. But the Ledbury is hired the number of employed for kitchen, Customer, Development, HR, Security, and Marketing service because it has managed a traditional shop also. Online trading is the best option for the youth.It is not attracted to old people and children because it is based on internet and computer system. Old people and children find difficulties to access the computer system. Other reason, Old people do not trust on the online purchasing of products. Figure15: graph of People according to E-commerce system use 16
Discussion about pro and cons of e-commerce in organizations, I can be said that online trading is an important factor in organizations success. So I loved online trading (Bartleby, 2013). 17
LO3: Be able to design e-Commerce Solutions P3.1Investigatemarketpotentialforane-Commerceopportunityforthe selected organization. Ledbury is a restaurant that is located in London with 24 staffs. its main sale commentary is authentic British cuisine. Ledbury restaurant has been recognized in 2005. It is growth in the local area since 2009. Here, I am going to inspect market potential for an e-commerce chance of vending freshly prepared meals and the competitor’s restaurant service in the confined area, including delivery of products. Ledbury success in the market is dependent on theircustomer’s satisfaction. It is offered new customer-oriented services and functionalities for their success. Organize future development is also dependent on the current platform. Here I have designed following questionnaire for recognizing future success. Rating the Ledbury restaurant service one to five for giving question: Question 1: Ledbury gift voucher scheme for a regular customer. Question 2: New rating system. Question 3: Ledbury restaurant integration with Social Media. Question 4: Ledbury Speed of service. Question 5: Nature of staff member (friendly and helping nature of Staff). Question 6: Value of money. Question 7: 24*7 online window chat for the customer. Question 8: Add morecuisine in menu Above, the investigation has been performed and available on Ledbury website for three days. Ledbury website is received thoughts and feedback for web-user. There, 670 users are submitted their review which is summarized in below table: Table2: Review of customers QuestionUser 1User 2User 3User 3User 5 Question 1454.354.2 Question 2344.543.8 Question 33.44.643.83.5 Question 43.54344 Question 54.13.93.24.23.6 18
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Question 63.4443.44 Question 73.943.74.63.5 Add morecuisine in restaurant menu hasranked as the major service that user might be want to see on Ledbury restaurant menu. So restaurant senior management is discussed on this matter with another department (such as Marketing, Web Development, kitchen, Suppliers and Sales department) of organization for getting the idea. Further, Marketing and kitchen department accompanied service for the justifying sales opportunity. After numerous meetings between senior members and their team, organize has been take decision that they will add morecuisine in restaurant menu and for this, they will hire some chef.Those final judgments are given on the following aspects: Add newcuisineon the website. To developed C2C oriented e-commerce system because it involves more customer as suppliers. There is also built different domain for suppliers and customer. To raise revenue with the help of increasing order transactions for the individual. 19
P3.2 Evaluate current e-Commerce systems in use by similar organizations (competitors) Ledbury is a London based restaurant which provides online service for their customers. I have evaluated all restaurants and gathering the data ofsimilar organizationswhich is useful for my restaurant. I have chosen sakagura restaurant (London). It is asimilar organization. Here, I have performedcomparison between Ledbury restaurant and sakagura restaurant with help of following factors which is described in the table below: WebsiteComparison Table3: Website comparison between Ledbury and Sakagura WebsiteComparison elementLedburyrestaurant website Sakagurarestaurant website Loading timeLess time- consumingMore time-consuming Analytics of GoogleN/AN/A Rank of GoogleHigher RankingLow Ranking httpsYesNo W3c ValidationYesNo Size of PageMore MBLess MB Sitemap.xmlYesYes Functionalities Comparison Table4: Functionalities Comparison between Ledbury and Sakagura FunctionalitiesLedbury restaurantSakagura restaurant PayPalYesNO ServicesYesYes SearchYesYes SMS ConfirmationYesYes Online ChatYesYes DonationsNoNo Confirmation of emailYesYes RefundYesNo 20
Delivery of serviceYesNo InstalmentsNoYes 21
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P3.3 Discuss the financial implications of e-Commerce solution by considering thefactorssuchastechnicalrequirements,hardware,software,security, maintenance requirements, start-up capital and funding sources. According to 3.1, Ledbury is a restaurant that wants to expand their company with help in promoting their service. It wants to design an e-commerce website for which is offered an online service in the market. So it is hired an IT Team. IT team is a group of specializations persons (such as Web Designer, Software Developer, Project Manager, and front /back-end Project Manager). It is completed the project successfully and also discussed the project management andfinancial implications forLedburye-Commerce solution which is described below. Technology requirements: Ledbury e-Commerce system is designed a website with help of HTML, CSS, and PHP. SEO is used for website promotion. To fulfill the Technology requirements, organize is paid 6500£. Hardware and software cost: Database server, hosting server are hardware component and notepad++ is software component. So organize is paid 950£. Security: for the security, organize is used antivirus software. And also provide the secure payment system for the system which is a need for organize success. So organize is paid 750£. Maintenance requirements: After the development website, it is need maintain such as update of new technology, update links. Organize is paid 1250£ forMaintenance. Start-up capital and funding sources: Start-up and funding are required for the start the business. It is base of any organization. Funding sources get the only trust of organization which plays important role in organization success. Ledbury is get enough funding from different sources which is enough to start a business. Table5: Project Management Implications for Ledbury Specializations of IT team Cost(£) ( Monthly) TimeTotal Cost (£) Web Designer110033300 Software Developer160046400 Project Manager130045200 Front/BackEnd Designer 100033000 22
Total Price17900 £ Table6: financial implications for Ledbury Factors of financial implicationsCost (£)Number of Components Hosting Server12301 Database for the back for system 135016 Online promotion (SEO/ SM0)95016 Maintain75016 Supplier142010 Security85016 Hardware Cost134216 Gateway (Online payment)128016 Total cost one month= 9172£ 23
P3.4 Design an e-commerce solution to enhance the business functions of your chosen organization. Your design should include a sitemap, storyboards for each page, structural design for the online payment system. For the Ledbury e-Commerce website, I have deliberated site-maps, wireframe, and mock- ups using the Balsamic tool. It is effectively designed for website webpage. Sitemap: Here I have designed sitemap (Marketing Mojo, 2016). Wireframe: Here I have designed wireframe. Figure16: Home page 24
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Figure23: About- us Team page Figure24: Contact us Page 28
Storyboard: Here I have designed storyboard (GoAnimate Resources, n.d.). 29
P3.5Evaluatethesuitabilityofthee-Commercesolutionwhichyouhave designed in task 3.4 According to 3.4 sections, I have developed ane-Commerce solution for restaurant Ledbury. It is developedfor privacy and security of stakeholders.Ledbury e-Commerce solution is built with the help of newlytool, software, and techniques. It is easier and quicker access for the customer, staff member, and stakeholders. In the section,Ledbury e-Commerce solution is estimated following way: Ledbury has an onlinee-Commerce system. It has easy provided easy accessibilityfor the customer because they can access the system via internet anytime anywhere. Ledbury chef always tries to satisfice the customer with enhancing the taste of food menu. Online payment should need everye-Commerce system. Ledbury is provided a Secure payment mode which through customer pay anywhere. Ledbury has a database which is used to store information related customer, food item, supplier, staff member, event, and stakeholder. Ledbury is also provided registration process and login process which is making it better than traditional system becausee-Commerce system is trying to make the easy process for accessing service, payment process, and manage the event. Ledbury onlinee-Commerce system enhances version ofthe traditional system which minimizes staff member so reduce the price. The advertisement is necessary for each business so they invested in this field.E- Commerce system is the best option for an online advertisement that reduced the cost. There is a help option which solves all query of the staff member, visitor, and customer. 30
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Conclusion E-commerce system is important for each business which is help establish the online shop. In the world, online business is increased rapidly last 10 years. It is beneficial to form both side (organization and customer). According to the organization, it saves the time, cost ( staff, rent, and taxes term), number of product introduced, built a relationship with the customer and According to the customer, it is offered the discount, number product chose, available at 24*7, and delivery point view. E-commerce system is easily updated with help of software technology that reduces costs. In the E-commerce system, customers compare the product or service, available at 24*7, provided all details of products. So it is beneficial for everyone. Online trading service is growing day by day because everyone is happy with their service. Figure25: Restaurant page for online order 31
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