Using the information below, begin to formulate your project explaining your new e-tailer business.
What’s the idea? Product or service?
Where’s the money? Business & revenue models – key elements?
Who & where - Target audience?
What’s the ballpark? Characterize the Marketplace in terms of competitors, customers, and comparable products/services.
What type of content?
Know your internal strengths and weaknesses; identify your external challenges for opportunities – conduct your SWOT analysis.
Develop a timeline – milestones.
Any special or specific technologies used?
Build your own or outsource? Host your own or outsource?
How will you provide security & privacy for customers?
How will you provide security & privacy for your business?
Approximately how much will the project cost? Provide dollar figures to substantiate your argument (s).