Customers.com.TITLE: Customers.com ISBN ISBN abbr. International Standard Book Number ISBN International Standard Book Number ISBN n abbr (= International Standard Book Number) → ISBN m : 0-8129-3037-1 PUBLISHER: Times Business, Random House PUBLICATION DATE: 1998 LENGTH: 344 pages PRICE: $28 AIIM (Association for Information and Image Management International, Silver Spring, MD, www.aiim.org) A membership organization founded in 1943 devoted to creating industry standards and disseminating information about the document management industry. members, $33 non-members SOURCE: AIIM International, (888) 839-3165, www.aiim.org See .org. (networking) org - The top-level domain for organisations or individuals that don't fit any other top-level domain (national, com, edu, or gov). Though many have .org domains, it was never intended to be limited to non-profit organisations. RFC 1591. E-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. (electronic commerce) is a buzzword A term that refers to the latest technology or a term that sounds catchy. If not a flash in the pan, new technologies become mainstream. For example, Java was a hot buzzword in the 1990s, but should remain a major topic for decades. that emerged in the late '90s and is now widely used. What exactly e-commerce means to the business professional varies depending on the industry, product, or service involved. The term's connotations differ depending on whether you are a buyer or a seller. One thing is certain though: most companies are rushing to adopt e-commerce, sometimes with inadequate forethought fore·thought n. 1. Deliberation, consideration, or planning beforehand. 2. Preparation or thought for the future. See Synonyms at prudence. and planning. Worst of all, companies may be focusing their sights in the wrong direction by looking solely at internal processes and the potential for cost savings. The real emphasis should be first on redesigning customer-facing business processes from the end customer's point of view. Patricia Seybold's Customers.com offers useful insight into the potential of e-commerce. It clarifies what e-commerce can mean to a company's productivity and its competitive position in the marketplace. Seybold, a longtime long·time adj. Having existed or persisted for a long time: a longtime friend; a longtime resident of Detroit. longtime Adjective advisor to Fortune 500 giants and smaller companies in the area of e-commerce, is uniquely qualified to present the material from the perspective of a practitioner. Actual cases detail experience in various industries and illustrate both successes and failures in e-commerce implementation. The book provides effective strategies that consider electronic commerce from a variety of perspectives: technical requirements, the management of sales and customer support systems, and the processes needed to be successful. The end result is a recipe to create an infrastructure that seamlessly blends a company's e-commerce initiatives with its overall business. Seybold notes that the implementation of an effective e-commerce strategy: * increases customer loyalty * decreases time-to-market for new products * increases profitability * reduces costs per transaction substantially * reduces customer service time appreciably ap·pre·cia·ble adj. Possible to estimate, measure, or perceive: appreciable changes in temperature. See Synonyms at perceptible. * provides an avenue to become a player in today's fast-paced Adj. 1. fast-paced - of communication that proceeds rapidly; "a fast-paced talker"; "fast-paced fiction" fast - acting or moving or capable of acting or moving quickly; "fast film"; "on the fast track in school"; "set a fast pace"; "a fast car" "global economy" Customers.com walks the reader through the steps necessary to focus e-commerce projects on the end customer in an effort to make it easy to do business with a company. This seems like a simple concept; however, the first step is to determine exactly who is the all-important all-im·por·tant adj. Of the greatest importance; crucial. all -im·por end
customer. Seybold begins by highlighting critical success factors and
explains how to develop a solution to each.
Customers.com contains applicable case studies that bring e-commerce from the theoretical to the practical. With each case study, Seybold summarizes the case's critical success factors. For the more technical reader, there is a section describing the technological infrastructure implemented by the companies involved. Since no single business solution is perfect for all organizations, there is also a section offering Seybold's "prescription for action." This section assesses the actions taken by the subject companies, offers advice to cure shortfalls, and suggests the next steps. At the end of every chapter is an action-oriented outline titled "takeaways and lessons learned." This feature answers the question "Okay, but what should I do now?" This is a fine book, yet it could have been even more useful. The case studies, for example, were interesting, but Seybold could have included more of them, covering a wider variety of types of companies (most of those highlighted are very large). The concepts explained so well in the book apply to smaller companies as well, and examples of them would be useful. Additionally, the how-to of setting up an implementation team could have been covered more thoroughly. For example, who should be involved, how do you get buy-in Buy-In When an investor is forced to repurchase shares because the seller did not deliver the securities in a timely fashion, or did not deliver them at all. Notes: Those who fail to deliver the securities will be notified with a buy-in notice. to the project, and how do you organize the effort? Hopefully these improvements will appear in future editions. All that aside, this book is a valuable resource, whether the reader is a novice or is already involved in implementation of e-commerce solutions. Robert Shultz is vice president of corporate credit and customer finance at Sony Pictures Entertainment in Culver City, California Culver City is a city in western Los Angeles County, California. As of the 2000 census, the city had a population of 38,816. The community is mostly surrounded by the city of Los Angeles but also has a border with unincorporated areas of Los Angeles County. . He may be contacted at robert_shultz@spe.sony.com. |
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