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From .Com to .Profit: Inventing Business Models That Deliver Value and Profit
Nick Earle , and Peter G. W. Keen Manufacturer: Jossey-Bass ProductGroup: Book Binding: Hardcover Similar Items: ASIN: 0787954152 |
Book Description
It couldn't last forever?and it didn't. Finally, scores of e-businesses that once enjoyed astronomical capitalization in spite of their vague business plans, modest sales, and absence of profits have been called on the carpet. The experimental first era of e-business is over and now its time for the next, when companies will deliver customer value and make a profit or disappear altogether. Nick Earle, Hewlett-Packard's chief strategist for e-services, and Peter Keen, a respected strategy and business consultant, map the future of online business and describe the six key drivers that companies must master in order to survive the next era of e-commerce.Download Description
Praise for Kellogg on MarketingCustomer Reviews:
Superb 'State of the Web' Address !.......2006-03-06
Highly Recommended!.......2002-02-23
Good for understanding how the Internet affects business.......2001-02-26
The authors discuss six "value imperatives," which they feel successful Internet companies must have in their business models. These imperatives are:
1) "Perfect Your Logistics"
2) "Cultivate Your long-term relationships"
3) "Harmonize your channels [of distribution] on behalf of the customer"
4) "Build A Power Brand"
5) "Transform Your Capital And Cost Structures"
6) "Become a value-adding intermediary"
The book devotes a chapter to each topic. One of my favorite chapters was "Perfect Your Logistics," where Earle and Keen give many examples of how companies have used the Internet to save money and significantly reduce their operating costs. The Internet allows companies to be more efficient.
Earle and Keen say that improvements in logistics will be a huge advantage of the Internet. While consumer-based Internet companies have captured the most public awareness, the biggest benefit of the Internet to businesses will be greatly increased efficiency in doing mundane things, such as ordering paper clips. Business-to-business transactions will probably create more savings and opportunities than business-to-consumer transactions.
"From .com to .profit" does an excellent job discussing business-to-business hubs and portals (web sites where businesses can come to broker supplies and services).
The book's discussions of branding, value-added intermediation, partnerships, and relationship building are also excellent.
I took off a star for some silly statements about capital structure. Earle and Keen write that the Internet has created a "capital revolution," and if a company can show a "Price/Vision" premium, investors will continue to bid up the price on the company's Internet stock. Wanna bet? The Internet has not created a "capital revolution." It has created an investment mania.
Earle and Keen go on to glibly write, "There is no correlation over the longer term between market value and any standard accounting measure of profitability. ..." Ah, can we have some evidence, please? This seems an incredibly silly remark to make without supporting evidence! Unprofitable companies over the long-term tend to disappear from the stock market. Some apparel companies do manage to limp along for decades without ever being profitable. But, such companies are hardly a good investment.
The authors observe that once you have highly-valued stock, it can be used as currency to acquire intellectual capital and other assets of real worth. This is true. And, as Earle and Keen point out, not having highly-valued shares to trade for intellectual capital is a disadvantage of privately-held companies. But, let's not legitimize funny money as a way to build a business!
Overall, "From .com to .profit" offers a lot of great insight into business models and into what separates customer-focused, successful business operations from less successful operations, making it worth a read.
Peter Hupalo, author of "Thinking Like An Entrepreneur"
Good discussion of eBusiness.......2001-01-24
The book while strong on rational does not provide enough detail to implement. I like Peter's books so I read his other books on eCommerce. I found the eProcess Edge out at about the same time as a good refernece for building what it takes to move from dot-com to dot-profit. Reading both has given me the high level business strategy and the business operations requirements needed to act on the advice.
Solid Introduction to Creating E-Business Models.......2000-09-12
This book is for people who have not thought about what elements must be present in a an e-business model in order to ensure profitability, sustainability, and success. If you company is starting its first e-business initiative, this book could save you some lost time and money.
If you have done this thinking, chances are that you will not learn much from this book. I found no concepts that I had not read in at least 5 other books about e-business success. The microeconomic analysis of creating a profitable business over time was also incomplete in that it did not pay enough attention to the role of speeding up progress, reducing start-up losses, and creating permanent advantages. I graded the book down one star for these missing elements.
The book focuses on six areas for progress (value drivers, in the parlance of the book), and provides an imperative for each:
1. Relationships (cultivate your long-term customer relationships)
2. Logistics (perfect your logistics)
3. Branding (build a power brand)
4. Channels (harmonize your channels on behalf of the customer)
5. Intermediaries (become a value-adding intermediary or use one)
6. Financial Dynamics (transform your capital and cost situations)
Each value driver and imperative is detailed with check lists to consider and useful, contemporary examples that you can check on on the Web for yourself.
A weakness of the book is that it pushes a bit too hard on the idea of building relationships as the primary way to create profit. Certainly, relationships will always be important, but I suspect that most successes in the future will be built on superior, trustworthy service rather than on relationships per se. The book is also too quick to abandon being the low-cost provider of superior products and services as a valid, broadly-available business model. With specialization, many will be able to achieve that. Further, the book is not imaginative enough in thinking of new ways to add value to customers that cannot be done except on-line.
On the other hand, it is the best book I have read for explaining the importance of having a carefully considered e-business model, and providing a structure for examining the options.
In the final chapter, the authors look at new trends in technology (especially wireless applications) that will affect how you help customers.
The authors have excellent credentials. Nick Earle is the head of HP's E-Services.Solutions group, and Peter Keen has written widely on business and the Internet. The final chapter also draws on the thinking of Rajiv Gupta, general manager of HP's E-Speech operation. The quality of their backgrounds show in the clear articulation of their points of view and the examples they choose.
After you finish this book, ask yourself the question of how you can create advantages for your business that customers feel are very important and can never be overcome by competitors. And don't limit yourself to on-line solutions to get there. When you come up with a solution, you'll be off to a good start in creating a superior business model.
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Partners.Com: How to Profit from the New DNA of Business
Michael J. Cunningham Manufacturer: Basic Books ProductGroup: Book Binding: Paperback ASIN: 0738206873 |
Amazon.com
Michael Cunningham believes online alliances are one of the most effective tools for developing the power and leverage needed to prosper in today's business world. An avid practitioner of such arrangements in his own Harvard Computing Group consulting firm, Cunningham presents a strong argument for these affiliations, along with a comprehensive guide to their creation in Partners.com. "Today, it is no longer possible for firms to do it all alone," he writes. "Whether it is hardware for a computer system, a hosting service to provide e-commerce capabilities, or a distribution partner that will sell and service products, partners are essential." Showing precisely why these associations are particularly potent in areas like sales, finance, and distribution, Cunningham details the steps involved in their formation and implementation, beginning with the partnership he considers most essential: the one that must be forged between organizations and their employees before any of these others can even hope to succeed. Drawing upon winning coalitions created by B2B and B2C endeavors such as eBay, GoFish.com and Convistint, Cunningham then delves into everything from the technology involved to the contracts required. The result is a thorough examination aimed at those serious about finding innovative ways to improve their operations. --Howard RothmanBook Description
Partnerships are the lifeblood of e-commerce. Innovative alliances such as private exchanges, self-service partnerships, syndicated e-commerce, affiliate programs, and e-learning forums are today's new competitive advantage. In Partners.com, Michael Cunningham shows businesses how to forge leading-edge Internet partnerships fast--with competitors, customers, suppliers, distributors, employees, and other businesses--and foster an environment that will allow them to flourish. From Amazon's consumer affiliate program to General Motors' state-of-the-art business-to-business mega-hub, COVISINT, Cunningham demonstrates how relationships that would have taken years to develop prior to the Internet are now taking days and hours. As businesses focus on finding profitable strategies, partnerships will not be just one option, they will be the new weapons for succeeding in e-commerce.Customer Reviews:
A REAL WORLD GUIDE TO PARTNERSHIPS.......2001-06-21
Don't be fooled by the .com in the title- this is for all.......2001-06-20
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Bright idea: East Chicago Company sees the light.(Around Indiana)(Topbulb.com ): An article from: Indiana Business Magazine
Steve Kaelble Manufacturer: Curtis Magazine Group, Inc. ProductGroup: Book Binding: Digital ASIN: B0008204RY Release Date: 2005-07-31 |
Book Description
This digital document is an article from Indiana Business Magazine, published by Curtis Magazine Group, Inc. on January 1, 2004. The length of the article is 556 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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Buy.com struggles with online music: slim profits, increased competition make it hard on internet retailer.(Technology): An article from: San Diego Business Journal
Andrew Simons Manufacturer: CBJ, L.P. ProductGroup: Book Binding: Digital ASIN: B00082CQQQ Release Date: 2005-07-31 |
Book Description
This digital document is an article from San Diego Business Journal, published by CBJ, L.P. on March 29, 2004. The length of the article is 1095 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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CASHFLOWSOLUTIONS.COM OFFERS CD-ROM'S TO INCREASE PROFITS.: An article from: CD Computing News
Manufacturer: Worldwide Videotex ProductGroup: Book Binding: Digital ASIN: B0009904QC Release Date: 2005-07-28 |
Book Description
This digital document is an article from CD Computing News, published by Worldwide Videotex on November 1, 1999. The length of the article is 495 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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Click here: Cash, volunteers are available. (Free For All).(CharityWave.com)(Brief Article): An article from: The Non-profit Times
Craig Causer Manufacturer: NPT Publishing Group, Inc. ProductGroup: Book Binding: Digital ASIN: B0008ILZ3A Release Date: 2005-07-28 |
Book Description
This digital document is an article from The Non-profit Times, published by NPT Publishing Group, Inc. on December 15, 2001. The length of the article is 1094 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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The comeback kid: Priceline.com shows signs of life.(Tech Cetera): An article from: Fairfield County Business Journal
Peter Geilich Manufacturer: Westfair Communications, Inc. ProductGroup: Book Binding: Digital ASIN: B0008E7N1M Release Date: 2005-07-31 |
Book Description
This digital document is an article from Fairfield County Business Journal, published by Westfair Communications, Inc. on October 6, 2003. The length of the article is 847 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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Crisis Investing for the Year 2000: How to Profit from the Coming Y2K Computer Crash
L. Jay Kuo , and Edward M. Dua Manufacturer: Birch Lane Press ProductGroup: Book Binding: Hardcover ASIN: 1559725184 |
Book Description
The best ways to protect investments and where to invest during the volatile year ahead as companies begin to admit that their computers are not ready for the Y2K Bug. Timely and crucial, the publication of this book will protect many a fortune and make many others. Authors are prominent West-coast businessmen.Customer Reviews:
Absolutely THE best book on Y2K investing!.......1999-08-17
It is the reasonable person's guide to investing for Y2K........1999-06-04
Today, as a consultant and author of THE REASONABLE PERSON'S GUIDE TO Y2K, I spend my time communicating about what moderate, down-to-earth, level-headed governments and individuals can do to prepare. In that regard, I consider L. Jay Kuo's and Edward Dua's book the reasonably person's guide to investing for the Year 2000 transition. I highly recommend this book for those who believe Y2K will not be a disaster, nor will it be "business-as-usual", and that reasonable preparedness for something "in between" is warranted.
If you believe Dr. Ed Yardeni, Chief Global Economist and Global Investment Strategist for Duetsche Bank Securities, when he predicts a 70% probability that Y2K will create a global recession which could last 12 to 24 months, then this book is must reading.
What I particularly liked about this book, is that the information is usable and it is not the "don't worry, be happy" message most brokerage houses are espousing. Not only do the authors provide powerful insight into how and why you should defensively posture current investments against a Y2K induced recession, they also venture forth suggestions on how to profit from it as well. Something I have been trying to get my broker to tell me for months. Come to think of it, I highly recommend this book for stockbrokers and fund managers too.
An investment guide not only helpful but hugely interesting!.......1999-04-12
Wow........1999-04-01
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David Paganelli: Millwood restaurateur has a green thumb.(Profits & passions; The Travelers Rest www.thetravelersrest.com)(Interview): An article from: Westchester County Business Journal
Elizabeth Hlotyak Manufacturer: Westfair Communications, Inc. ProductGroup: Book Binding: Digital ASIN: B0008DZKGS Release Date: 2005-07-31 |
Book Description
This digital document is an article from Westchester County Business Journal, published by Westfair Communications, Inc. on August 11, 2003. The length of the article is 558 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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Dot-com dynamo: eCollege profits from online education explosion.(Dot-com Dynamo ): An article from: ColoradoBiz
Mary George Manufacturer: Wiesner Publications, Inc. ProductGroup: Book Binding: Digital ASIN: B000828KNO Release Date: 2005-07-31 |
Book Description
This digital document is an article from ColoradoBiz, published by Wiesner Publications, Inc. on March 1, 2004. The length of the article is 1138 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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Supergrowth Companies: Entrepreneurs in Action
John Harrison , Bernard Taylor , Ann Todd , and Todd Manufacturer: Butterworth-Heinemann ProductGroup: Book Binding: Paperback ASIN: 0750627506 |
Book Description
Supergrowth Companies is based on extensive research following the progress of over 200 businesses, including Anita Roddick and The Body Shop and Alan Sugar and Amstrad. It features interviews with company executives and a collection of over fifty case studies.Books:
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