Takeaways from Session I - II (Week 1) & III - IV (Week 2) of Ebusiness

Dear Sir,

 

My takeaways from previous week's class

1. From Intermediation (B2I2C) to Disintermediation (B2C) to Reintermediation (B2E2C); the evolution of channels with examples.

2. Pattern of Business cycle repeating which started with VC's and dot com boom to dot com bubble burst and if it is repeating itself now and whether the growing industry is successful or not. Also, if the industry is going towards a dot com bubble burst again.

3. Porter's 5 forces of e-business which includes Bargaining power of Channel which has become very strong whereas the Bargaining Power of Suppliers and threat of substitutes and from new entrants is fading away.

4. E-business today is going towards outlasting your rivals and consolidation will be happening; the power of e-bay and how baazi.com couldnt sustain etc are prominent examples.

5. Learned about B2B networks - ARIBA, number of buyers and number of sellers.

6. The various types of business models and ways they can be developed. Th Egg diagram and how its core is constant with customer decision making process and the white is revolving focusing on Values, Capabilities and Resources.

7. Any business model needs to define Value created, Value Captured/Differentiated, Value Delivered and Value Sustained.

8. The affect of external world elements like Government Regulations which can affect business models positively like the auditor story shared by sir or the way Indian government protected Indian companies to grow and be able to compete in online market or how these policies can affect negatively like RBI's mandate for second level verification in absence caused 40 percent decline in online transactions.

9. Webvan - the biggest failure regarded by many, the articles on it in Forbes magazine and by Stanford were insightful and the probable causes for its failure but at the same time it was discussed that may be there was nothing wrong with its business model and it was just an idea ahead of its time.

10. Strategic partnerships and Positioning affects like ICICI collaborating with e-bay creating a win win situation for both.

 

Thanks & Regards

Apoorv Soni

12DM-190

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Regards,

Apoorv Soni

PGDM (Marketing)

Member CRICKET committee

IMT Ghaziabad

Alumni

Indian School of Mines, Dhanbad (2010)