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Implementation of E-commerce Business Model at NBF Report 2022

A case study on Nuts & Bolts Fasteners (NBF), a family-owned business in Adelaide, Australia, that started in 2013 and has grown to become a manufacturer and reseller of fasteners. The case study focuses on the role of sales representatives in maintaining customer relationships and sales, as well as the company's focus on quality products and services.

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Added on  2022-09-18

Implementation of E-commerce Business Model at NBF Report 2022

A case study on Nuts & Bolts Fasteners (NBF), a family-owned business in Adelaide, Australia, that started in 2013 and has grown to become a manufacturer and reseller of fasteners. The case study focuses on the role of sales representatives in maintaining customer relationships and sales, as well as the company's focus on quality products and services.

   Added on 2022-09-18

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Running head: E-COMMERCE BUSINESS MODEL AT NBF
Implementation of E-commerce Business Model at NBF
Name of the student:
Name of the university:
Author note:
Implementation of E-commerce Business Model at NBF Report 2022_1
E-COMMERCE BUSINESS MODEL AT NBF1
Table of Contents
Introduction:....................................................................................................................................2
Background:.................................................................................................................................2
Discussion:.......................................................................................................................................3
Implementation of E-commerce model.......................................................................................3
Relevant Value proposition of the e-commerce model...............................................................4
Identification of suitable e-commerce business model for NBF.................................................5
Recommendation on suitable website domain name for NBF:...................................................6
Online revenue models for NBF:.................................................................................................7
Organizational development need for the e-commerce business model:....................................7
Role of Private Industrial Network:.............................................................................................8
PIN role in increasing the buying and selling efficiency in a supply chain:...............................8
Three features of collaborative e-commerce:..............................................................................8
Conclusion:......................................................................................................................................9
References:....................................................................................................................................10
Implementation of E-commerce Business Model at NBF Report 2022_2
E-COMMERCE BUSINESS MODEL AT NBF2
Introduction:
Electronic commerce is comprised consists of services including selling and purchasing
of products or services with the help of electronic systems such as computer networks (Laudon
& Traver, 2016). With the increasing demand in the online method of purchasing majority of the
businesses are moving towards online platform while growing their interest for developing
business and managing the customer relationship model within the business (Chaffey, Hemphill
& Edmundson-Bird, 2015). This report is prepared so as to reflect the need for a suitable e-
commerce model for the business of Nuts and Bolts Fastners.
Background:
The business of Nuts and Bolts Fastner is one of the family business that began in the
year 2013 with a limited number of products. The company gradually started growing and
established its three different outlets in Adelaide while mostly serving the South of Australia. At
recent times, the business requires sales representatives in order to manage its customer
relationships among all the operating outlets of the company. The company of NBF consists of a
Vendor Managed Inventory System that helps the business in managing all the supply related
process for the trade customers. This helps them in increasing the level of stock while reducing
the stock outs. As the business is now trying to increase its sales in the retail market while
simultaneously growing the procurement and selling competence in the supply chain a new type
of e-commerce prototype is hence required for the business of NBF. The following report is thus
prepared so as to suggest the type of e-commerce model that ensembles best to the organization
while implementing strategies so as to upsurge the efficiency of the supply chain of the business.
Implementation of E-commerce Business Model at NBF Report 2022_3
E-COMMERCE BUSINESS MODEL AT NBF3
Discussion:
Execution of E-commerce model:
E-commerce business models are the type of platform where the commerce meets the
internet and helps business to conduct their trade over the internet (Jansen, 2017). There are
diverse kinds of e-commerce platform that the trade organization of NBF can implement within
their business such as B2B, B2C, C2C, Social e-commerce, Mobile e-commerce as well as Local
e-commerce model.
B2B e-commerce model:
The B2B e-commerce prototype is mainly utilized by commercial platforms so as to
provide goods and services based on the business needs. It includes online marketplaces and
other catalogue websites like Ahrefs, Boeing and many more.
B2C e-commerce model:
The B2C e-commerce exemplar helps any occupational organization to sell their goods
directly to the end customers. Examples of such type of business models includes various types
of social websites meant for e-commerce shopping such as Amazon or GAP and many more.
C2C model:
The C2C model provides customers the podium to sell their products to other customers
while enabling them to make money through advertisements. This includes C2C market place
websites such as OLX, Kickstarter and many more.
Mobile e-commerce model:
Implementation of E-commerce Business Model at NBF Report 2022_4

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