Responses
to an ISworld query on e-commerce success factors
From
Mac
Benoy
It may be a bit early
in the piece, certainly form an Australian perspective. We're still struggling
with the issues across the South Australian Government. There are some
papers on the topic published by the Gartner Group, but you need a membership
to their research database to access these.
Mac Benoy
Strategist -
Electronic Service Delivery
Department of
Human Services
Government of
South Australia
PO Box 287, Rundle
Mall, SA 5000
+61 8 8226 7282
mac.benoy@saugov.sa.gov.au
From
Tony
Stiller
Maybe the reason
lies in that we really do not have very successful measuring instruments
and standards on which to base "success". I am currently working on a new
business model incorporating essential elements of 'best business practices'
and 'e-commerce models' with aim of providing SME's with a procedural framework
on which to design and develop an e-commerce strategy.
Tony Stiller,
Lecturer in Information
Systems,
Faculty of Business,
University of
the Sunshine Coast,
Maroochydore
DC Queensland 4558
Australia
Email: tstiller@usc.edu.au
Tel : 07 5430
1223
Fax: 07 5430
1210
From
Rob
MacGregor
I have done some
work looking at e-commerce and small business including some examination
of success factors.
Email: rmacgreg@uow.edu.au
From
Sid
Huff
I wrote a paper that
was essentially a consideration of ecommerce success factors, awhile ago.
It was published as the final chapter in a book of ecommerce cases I published
late last year (Cases in Electronic Commerce, by Huff, Wade, Parent, Schneberger
and Newson, Irwin/McGraw-Hill, 2000). Also, I have some graduate students
who are conducting qualitative research on B-to-B ecommerce CSFs right
now - their study should be completed in a couple of months. I could forward
a copy of their findings to you if you are interested in future findings.
Sid Huff
Email: sid.huff@vuw.ac.nz
From
Beverley
Hope
Your request for
papers on e-commerce success factors is noted. I also have two honours
students researching in this area and would be interested in seeing the
collated results. My students research is to seek out these factors from
practitioners but they are still data gathering at this stage. They did
not find papers on success factors but have begun to collate their own
set from "things mentioned" in a large variety of papers.
Beverley G.
Hope, PhD
Director MCA(IS)
& BCA(Hons) in IS Programmes
School of Communications
& Information Management
Victoria University
of Wellington
Box 600, WELLINGTON,
New Zealand
Phone: (64)(4)463-5876
Fax: (64)(4)463-5446
Beverley.Hope@vuw.ac.nz
From
Yue
Wei
I came across a paper
recently about e-loyalty. I think consumer loyalty can be qualified as
one of the many success factors.
Reichheld, Frederick.
and Phil Schefter, "E-Loyalty", Harvard Business Review, July-August 2000,
pp. 195-213..
Also, John Hagel's
book Net Worth, talks extensively about the implications of consumers taking
control of their own information on the success of E-commerce companies.
He has also two
other papers about the above theme
-
Hagel, John and Jeffrey
F. Rayport, "The New Infomediaries", The McKinsey Quarterly, 1997, Number
4, pp. 55-69.
-
Hagel, John and Jeffrey
F. Rayport, "The Coming Battle for Customer Inforamtion", Harvard Business
Review, January-February 1997, pp. 53-65. Hope they are useful.
Wei T. Yue
Email: Wei_Yue@mgmt.purdue.edu
From
Patrick
Staehler
Check the study E-Business
made in Switzerland by the mcm institute at the University of St. Gallen
and PwC. Unfortunately, only the broschure of PwC is in English. Further
research papers only appeared in German. You find the study at http://www.mcm.unisg.ch/ebusiness
The problem is
how to define success since the standard metrics like free cash flow or
ROI do not work in the investment phase in an highly uncertain environment.
So it is important for your research to look at how the companies measure
their success.
Their seems to
be a big different between the incumbents and start-ups in their way of
measuring "their" success. We found that traditional companies used very
much their traditional investment proceedures for e-Business, start-ups
look more for growth variables like customer accquisition, sales growth,
etc. not profit-oriented figures.
These different
valuation measures of success leads to totally different investment approaches
of the two groups. The valuation procedures of the incumbents favor efficiency
imporvments of current activities while start-ups use the new technology
to provide new value propositions to new customers. So it is not really
surprising to see why incumbents invest in cost saving activities like
supply chain integration via B2B solutions while start-ups are more into
industry redefining business models. As described earlier it is all about
the resource allocation process in the companies. The companies get what
they measure.
Christensen and
Bower have written about the resource allocation process in their paper
Christensen, C.M. and Bower, J. (1996) Customer Power, Strategic Investment,
and the Failure of Leading Firms. Strategic Management Journal 17, 197-218.
Patrick Staehler
=mcm Institute
for Media and Communications Management
University of
St. Gallen
Müller-Friedberg-Strasse
8
CH-9000 St. Gallen
Tel. 0041-71-224
2779
Fax. 0041-71-224
2771
Patrick.Staehler@unisg.ch
http://www.mcm.unisg.ch
From
Trent
C. Sanders
TITLE: AN EXAMINATION
OF ELECTRONIC COMMERCE AND THE INTERNET: ROLE OF TECHNOLOGY, CRITICAL SUCCESS
FACTORS AND BUSINESS STRATEGY
AUTHOR: TABOR,
SHARON W.
YEAR: 1998
INSTITUTION: UNIVERSITY
OF NORTH TEXAS; 0158
DESCRIPTORS: BUSINESS
ADMINISTRATION, GENERAL; MASS COMMUNICATIONS; INFORMATION SCIENCE; BUSINESS
ADMINISTRATION, MANAGEMENT
ABSTRACT: Electronic
commerce is a dynamically evolving business methodology that is changing
the context and boundaries of markets and technology. As its use increases,
however, questions arise as to how companies are measuring the success
of this new market medium, and if the appropriate strategy is driving the
growth. Research in this area can help determine whether Internet commerce
represents incremental competitive advantage, an extension of traditional
business processes, or a paradigm shift in the structure of electronic
markets and the use of information technology. This research employed the
case study methodology to examine the issues, challenges, and project lessons
learned for a large firm engaged in electronic commerce on the Internet.
Organizational drivers, the role of technology, strategy employed, and
critical success factors were explored. Additionally, customer impact and
satisfaction with electronic commerce transactions were measured. Evidence
was gathered using multiple sources and methods including a pre-interview
questionnaire and structured interviews with the firm's project team and
management and a web-based customer survey linked from the firm's electronic
commerce web site. The study revealed that for this firm, electronic commerce
over the Internet is an appropriate and successful tactic in support of
the firm's business strategy and low-cost provider competitive positioning.
Evidence supported the synergistic relationship between business strategy
and strategic fit for this successful electronic commerce project. The
study also determined that depending upon the EC strategy, business processes
may be minimally effected, rather than dramatically changed as often predicted
in electronic markets. Additionally, the historical use of technology is
not necessarily a predictor of success or failure in electronic commerce.
This very conservative user of technology was successful in a new and innovative
area that supported its overall business strategy and focused on its core
competence. The resulting research model and twenty working propositions
provide a basis for further research in other firms and across industry
boundaries.
Email: tsanders@memphis.edu
From
Fred
Riggins
I would like to suggest
you look at my paper:
Riggins, F.J.,
"A Framework for Identifying Web-Based Electronic Commerce Opportunities,"
Journal of Organizational Computing and Electronic Commerce, vol. 9, no.
4, 1999.
This framework
identifies 15 key ways to add value in the organization's e-commerce strategy.
The extent to which each of these is utilized can represent "success factors".
We are in the process of developing metrics to measure how well the organization
is doing in each of these fifteen way.
Email: fred.riggins@mgt.gatech.edu
From
Donna
Maupin
Youlong Zhuang just
published his dissertation on success factors of ecommerce. He completed
his Phd at the University of Kentucky. Dr. A. Lederer is his chairperson.
lederer@pop.uky.edu Hope this helps.
Email: djmaup00@email.uky.edu
From
Robert
Plant
You may be interested
in the models presented in my book, I looked at the success factors associated
with over 40 organizations in the US and Europe, 22 of which were $1B or
greater in revenues having interviewed the executives at these organizations.
The book is titled "eCommerce: Formulation of Strategy" publisher: Prentice
Hall and Financial Times. ISBN: 0130198447. It is on Amazon.com with a
chapter by chapter outline. Hope this helps.
Email: rplant@exchange.sba.miami.edu
From
Nicholas
C. Romano, Jr.
Here are some references
that might help you out. Hope that these are helpful.
-
Aldridge, A., Forcht,
K., Pierson, J. Get linked or get lost: marketing strategy for the Internet.
Internet Research, 7, 3, (1997), 161-169.
-
Athey, T. Leadership
Challenges For the Future. IEEE Software, (May/June), (2000),
-
Bennett, D., and
Eustis, B. Electronic Commerce: Integration of Web Technologies with Business
Models. Information Systems Frontiers, 1, 2, (1999),
-
Bennett, D., and
Eustis, B. Electronic Commerce: Integration of Web Technologies with Business
Models. Information Systems Frontiers,, 1, 2, (1999),
-
Elofson, G., and
Robinson, W. N. Creating a Custom mass-production channel on the internet.
Communications of the ACM, 41, 3 (March), (1998), 56-62.
-
Fulkerson, B. A response
to dynamic change in the market place. Decision Support Systems, 21, 3
(November), (1997), 199-214.
-
Gonsalves, G.C.,
Lederer, A.L., Mahaney, R.C., Newkirk, H.E. A Customer Resource Life Cycle
Interpretation of the Impact of the World Wide Web on Competitiveness:
Expectations and Achievements. International Journal of Electronic Commerce,
4, 1 (Fall), (1999), 103.
-
Han, K.S., Noh, M.H.
Critical Failure Factors That Discourage the Growth of Electronic Commerce.
International Journal of Electronic Commerce, 4, 2 (Winter), (1999-2000),
25-44.
-
Hoffman, D.L., &
Novak, T. P. A New Marketing Paradigm for Electronic Commerce. The Information
Society, 13, (Jan-Mar), (1997), 43-54.
-
Jahng, J., Jain,
H., and Ramamurthy, K. Product Complexity, Richness of Web-based Electronic
Commerce Systems, and System Success: A Proposed Research Framework, in
Proceedings of Proceedings of the Fifth Americas Conference on Information
Systems, Milwaukee, Wisconsin, 1999, Publishe 520-522.
-
Lee, H.G., Westland,
J.C., Hong, S. The Impact of Electronic Marketplaces on Product Prices:
An Empirical Study of AUCNET. International Journal of Electronic Commerce,,
4, 2 (Winter), (1999-2000), 45.
-
Roberts, J.H. Developing
new rules for new markets;. Academy of Marketing Science Journal, 28, 1
(Winter 2000), (2000), 31-44.
-
Selz, D., Schuert,
P. Web Assessment - A Model for the Evaluation and the Assessment of successful
Electronic Commerce Applications. Electronic Markets, 7, 3, (1997), 46-48.
-
Selz, D., & Schubert,
P. Web assessment - a model for the evaluation and assessment of successful
electronic commerce applications, in Proceedings of Proceedings of the
Thirty-First Hawaii International Conference on System Sciences, Kona Coast,
Hawaii, 1998.
-
Strader, T.J., &
Hendrickson, A. R. A Framework for the Analysis of Electronic Market Success,
in Proceedings of Proceedings of the America's Conference on Information
Systems (AIS '98), Baltimore Maryland, 1998, Publishe 360-362.
-
Yan, G., and Paradi,
J. C. Success Criteria for Financial Institutions in ElectronicCommerce,
in Proceedings of Proceedings of the Thirty-Second Annual Hawai'i International
Conference on System Sciences, Maui, Hawaii, 1999.
-
Burn, J., Barnett,
M. Emerging Virtual Models for Global E-Commerce - World Wide Retailing
in the E-Grocery Business. Journal of Global Information Technology Management,
3, 1, (2000),
-
Day, A. A model for
monitoring Web site effectiveness. Internet Research, 7, 2, (1997), 109-115.
-
Gebauer, J., Scharl,
A. Between Flexibility and Automation: An Evaluation of Web Technology
from a Business Process Perspective. Journal of Computer-Mediated Communication,
5, 2, (1995),
-
Klose, M., Lechner,
U. Design of Business Media - An integrated Model of Electronic Commerce,
in Proceedings of Proceedings of the Fifth Americas Conference on Information
Systems (AMCIS'99), Milwaukee, WI, 1999, Publishe 559-561.
-
Lincke, D.M. Business
Models for the Implementation of Mediating Electronic Product Catalogs,
in Proceedings of Proceedings of the America's Conference on Information
Systems (AIS '98), Baltimore, Maryland, 1998.
-
Manchala, D.W. E-Commerce
Trust Metrics and Models. IEEE INTERNET COMPUTING, 4, 2 (March-April),
(2000), 36-44.
-
Timmers, P. Business
Models for Electronic Markets. Electronic Markets, 8, 2, (1998), 3-8.
Nicholas C. Romano,
Jr. Ph.D.
Assistant Professor
of MIS
Business Administration
Hall Suite 313
The University
of Tulsa
600 South College
Avenue
Tulsa, OK 74104-3189
Phone: 918-631-3992
FAX: 918-631-2164
www.cba.utulsa.edu/romanonc
Nicholas-Romano@UTulsa.EDU
From
Malcolm
Munro
Please see Chapter
11, "Critical Success Factors for Electronic Commerce" in Cases in Electronic
Commerce by Huff, Wade, Parent and Schneberger, Irwin McGraw-Hill.
Email: munro@ucalgary.ca
From
Malcolm
Scott
This is an area that
I am currently researching (M.Phil / Ph.D.). To my limited knowledge there
is a dearth of research relating to the measurement of 'success'. As and
when I come across references that I think may be useful I will let you
know. The major issue I am looking at is developing strategies for the
building and launching of successful e-business models. I was engaged as
the Project Manager for the E-business Success Programme at the University
of Sunderland (in North East of England). This project was aimed at the
managers / entrepreneurs of SMEs wishing to engage in e-commerce / e-business.
I am hoping to track some of the participants as part of my research, but
I am awaiting permission to approach a number of them. I am also looking
for interested parties wishing to share information etc., and perhaps collaborate
in writing one or two !! Check me out at
http://voyager.sund.ac.uk/
You will find me under staff.
Email: malcolm.scott@sunderland.ac.uk
From
Hui-ling Wang
IBM
Software : Ten Success Factors for e-business
Email: hw19@uow.edu.au
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