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Table of contents 1. Synopsis………………………………………………………… p.3 2. Introduction…………………………………………………… p.3 3. Business model definition………………………………….. p.3 4. Companies background……………………………………… p.4 4.1 Toyota business profile……………………………………. p.4 4.2 Volvo business profile……………………………………… p.4 5. Online Business Model……………………………………… p.5 5.1 E-tailing business model…………………………………. p.5 5.2 Manufacturer Model (direct marketing/Model)…….. p.6 5.2a Disintermediation…………………………………………………… p.6 5.2.1 Five Tents of the Manufacturer Model…………….. p.7 5.2.1a-Most efficient path to customer……………………. p.7 5.2.1b-Single point of accountability……………………… p.7 5.2.1c-“Build to order” customization &personalization. p.7 5.2.1d-Low Cost Leader……………………………………… p.8 5.2.1e-Standard Based technology………………………… p.8 6. Supply chain improvement………………………………. p.8 7. Advertising Model…………………………………………. p.8 8. Benefits that automobiles companies gains from B2C p.9 9. Comparison of online business model………………….. p.9 10. E-commerce functionality………………………………. p.10 10.1 “What’s New” section…………………………………… p.10 10.2Web site search engine………………………………….. p.10 10.3 Site Map……………………………………………………. p.10 11. Toyota’s e-commerce functionality……………………. p.11 12. Dealers locator map………………………………………. p.11 13. Customization and personalization…………………….. p.13 14. Web site customization (for investor example)……… p.14 15. Multilanguage support……………………………………. p.16 13. Business solution suggested……………………………… p.17 13. Conclusion……………………………………………………. p.17 14. Bibliography………………………………………………… p.18 Synopsis: Doing business online is not a big issue. However, choosing the right business model to implemented and maintains such a strategy will be the main issue. The good implementation of the business model will give the company great befits in different business areas. Implementing well planed business strategy will maintain and reduce the supply chain processes are the biggest value for online business. Moreover, choosing or developing the right business solution will have a great impact on the flow of the business. The integration of e-commerce functionalities will reflect the efforts that the e-commerce will do to increase the time that customers will spend online and maintain their loyalty to the organization. Introduction E-business can be described as the new business logic that operates in a world without boundaries. It refers to a broader definition of Electronic Commerce, not just buying and selling but also servicing customers, providing an integrated business environment and offering added value services [1]. Developing e-business models for conducting e-business is not simply about the adoption of new technologies. It also concerns changes in work practices, in customer/supplier relationships, in the way products are delivered to Consumers, in marketing practices and changes in staff skills needed to support e-business. Accordingly, e-business models signify new opportunities for re-organizing the way businesses are currently practiced. Business models – definitions A business model is a plan for offering a value proposition to customers, a source of revenues, an identification of costs, and a detailed set of process for execution. [1]. It is n architecture for the product, service and information flows, including a description of the various business actors and their roles; and a description of the potential benefits for the various business actors; and the descriptions of sources of revenues. [2] Companies Backgrounds Toyota’s business profile Industry: Manufacturing Toyota Motor Corporation is the world's third largest automaker, offering a full range of models, from mini vehicles to large trucks. Toyota Motor is based in Japan and currently ranked 10th by fortune.com in the global 500 companies list as of 2002. Revenues generated in 2001 totalled 120,814.4 $ millions. Live Sites: http://www.toyota.co.jp (Figure 1) Volvo’s business profile: The Volvo Group is one of the world’s largest producers of trucks, buses and construction equipment and holds a leading position in the fields of marine and industrial power systems and aircraft engine components. Based in Sweden and currently ranked 267th by “fortune.com” in the global 500 companies list as of 2002. Revenues generated in 2001 totalled $18,301.3 million. The Volvo Group now focuses exclusively on transport equipment for commercial use, through divisions such as Volvo Trucks N.A. (North America), Volvo Construction Equipment, Volvo Parts, Volvo Bus and others. Live Sites: http://www.volvo.com (Figure 2) Online Business Models There are several types of online business models that a company may implement. Often, we can find many companies implement more than one business model in their online business.
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