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Internet & e-commerce technologies

Questions asked on Internet & e-commerce technologies to Ankur Dinesh Garg

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Questions	Asked by	Asked on	Reply	Replied On
Business Application advantages of e-commerce	CHANDRA B SAJNANI	18/07/2011	Dear Chandra, There are many applications available in the market at various price point, however to choose a right application it is important to chalk out our requirements in detail. Also dividing your technology requirements in phases of growth is advised as it will help you in phased investments. In case you have the requirements documents with you, you may then refer it to a consulting agency like wirefoot and they will review the same and suggest you a right application fitting in our investment plan. You may also like to explore open source like oscommerce, magento, etc / Saas like Martjack, Bigcommerce, etc and if you are willing to spend more then 500,000 you may explore OctaShop (by ANMsoft),	25/08/2011
Online Transaction Processing	ADITYA CHAUDHARY	18/07/2011	Dear Aditya, You may take up payment gateway and shopping cart from direcpay, ebs, cc avenue, etc. You may also host your store on ebay, martjack etc.	25/08/2011
Formulation of RFPs	AMIT N GUPTA	31/03/2011	Dear Amit, Following are the steps you can take for formulating RFP 1) Identify all possible users who will interact with you website 2) Identify macro level activity that they will perform in system 3) Go further deep in detailing Macro activities in some kind of a process, use diagram is possible 4) Research OPEN SOURCE solution if available, see demo, and enhance your list of requirement from each macro activity 5) Research commercial solutions and see their feature list 6) Create different possible scenarios from user / business and system point of view and see if you have captured all your requirements 7) Get it reviewed by some good ANALYSTS kind of friends or individuals 8) DO NOT release it yet, explore some potential companies that can meet your needs and ask them for a proposal or a demo of standard product 9) Compile all your learning into what you will call an RFP In case you are investing in a large size OR mission critical project an paid expert advise could be certainly a help. There are individuals and companies (like Wirefoot) who can help you reach an RFP Hope this helps adg	31/03/2011
Promotion of online portal	VAIBHAV BHADRASEN BHANSE	23/03/2011	Dear Vaibhav, My apology for delayed response. It is not always that social networking sites would work for a business. A lot is dependent on nature of business you are in and the target group for your business. I will be able to suggest better if I know your website of details of your business. However you may wish to explore following options Emailers SMS Linked In (B2B Business) Facebook (b2C, however must have a sound engaging strategy on facebook for it to work) Alliances (sometime alliance is very effective in case you hit on right set of alliances) Hope this helps adg	31/03/2011
Going bang wih Greetings and Giftings	Naveen Shetty	31/10/2010	The key challenges in what you are trying to do are following 1) Good product offering 2) Setup to meet your Delivery commitments 3) Reaching out to your customers With your unique promotions approach you must be able to reach customers, you can also explore facebook, and other social media. You may also focus on SEO. Internet can be best used via good word of mouth and search engines. Try and get strong people to ensure your deliveries that is the key of all Above everything that you do must be a sound strategy that ties everything up in to a system and process. Create a business plan for yourself so that you can face realities of future and be prepared for same. You may explore options of seeking advisory and consulting to further strengthen your venture. This can be done via getting an expert on your board of advisors or engaging company like Wirefoot to help you with your venture. Regards, adg Regards	31/10/2010
How to boost online business	Alex	20/10/2010	Hi Alex, I will be able to help you better if you share more information. What kind of business you wish to start? Regards, Ankur Dinesh	20/10/2010
Valuation of the online B2B portal	Manoj Sarda	16/09/2010	The valuation is a very notional thing as the number totally highlight value in future which is going to happen. One one side investors will have safe equations to arrive at valuation, the promoters will be led by their passion for the idea and would not settle down on less. There is in general not defined technique to arrive at a valuation of an non listed organization. Still, what you would need is following to arrive at a valuation 1) Information Memorandum, which should talk about your line of services, revenue streams, growth opportunities, swat analysis, people, growth road map, projected growth for few years and the summary of success in past 2) Project Cash Flow Statements, in this you need to create financial snap shot of your business on a quarterly basis for coming 3-5 years. You must include all costs, earning, including land building material, etc, also include the amount you wish to raise as loan or investment, etc. Do not forget tax, interest, etc. It also depends who you are looking at for funding. for angels (HNI Individual) they will fund you basis your face value, they will invest in you and not your organisation, so there you need to ask for money of the size you believe you can deliver value. there can be some thumbrules like 4 times the revenue, or 20 PE on profit etc, but essentially it is a sell to the investor that you need to do. Importantly you would need 1) Clarity of Business objective and growth road map 2) Good team for execution 3) Clarity of why you need funds, where you wish to deploy it 4) Clarity of how much value can you make for the investors and what will be the exit, either it is IPO or M&A, etc. I hope this helps, adg	21/09/2010
Growing into social media	SURESH	15/09/2010	very. Consider this - you wish to start an organisation the most important aspect is how to get customers and how to pay least for doing so. Social media is the answer. it can give you more quality customers, better references, at no cost at all. Young entrepreneurs must do social media themselves first and make it integral part of their marketing strategy.	21/09/2010
What is SEO	S K Abrol	18/06/2009	SEO (Search Engine Optimization), is collection of methods and techniques to make your site searchable by web search engines like google, yahoo, bing etc. In SEO you would do things to improve visibility of your site on search engines like making them come on page one for relevant keywords. For example for watches India you want your site to come on top 5 results, so that you can get more people to click on it and reach your website, where you can convert them into sales or enquiries. There are two forms of SEO Off Page / On Page, which is very simple to understand. Techniques used on your website like layout change, adding text etc are all on page, and things done outside like exchanging a link from some other site, writting blogs that point back to your site, etc are all off page. The underline logic of SEO is based on perceived logic of how search engine work. Since SEO can be use to mislead users trying to search right information, the search engines keep on changing their logic. The best way to go about SEO is 1) Ensure you create a good text based detailed site with relevently places information 2) follow the guidelines of SEO compatibility 3) Spread the word about your website, have other people recommend your site on public forums, etc 4) get users of your site to do stuff for you like write reviews, share the link with friends, book mark your site, share it on facebook, spread a word on twitter, etc etc.. SEO is an endless concept more you learn more you feel you need to learn, and there there are more such things like SMM (Social Media Marketing :) ) Regards, Ankur	24/08/2009
SEO	Aindrila Mitra	02/06/2009	Yes. A flash based site is likely to have lower SEO value because search engines can not read flash format and extract text content out of it, and the entire search engine model works on diggin into text, storing it and displaying it. How to over come this problem 1) completly avoid 100% flash site. Keep very little flash content if at all, like the main banner, etc. 2) Use Java script for image slide show, etc instead of flash, today javascript has become very strong and can product amazing user experience like flash 3) ensure use of meta data, description, keywords, etc. 4) If the busines demands flash site then keep a generic home page with links to both HTML site and flash site and keep relevant conetent on the home page as well	24/08/2009