• Introduction Trash-to-Treasure is an e-commerce startup that provides an online auction platform for human beings to sell their unwanted objects. This suggestion will cover a market experiment to become aware of ability competition, a discussion of the enterprise method that high-quality matches the fee proposition of Trash-to-Treasure, and a evaluation of the cell options that high-quality match the proposed startup.
• Market Scan One of the closest competition to Trash-to-Treasure is eBay, a extensively famous online public sale platform. Three approaches wherein Trash-to-Treasure will are searching for to differentiate itself from eBay encompass offering subscription options for frequent sellers, presenting extra sources for sellers like internet web hosting or advertising substances, and offering faster, more dependable customer service.
• Business Strategies The business strategy that fine matches the price proposition of Trash-to-Treasure is differentiation. Trash-to-Treasure will seek to distinguish itself from its competition through specialized content, tailor-made customer support, fee-powerful operations, and additional features like subscription alternatives and internet web hosting offerings.
• Mobile Options The cellular alternative that satisfactory suits Trash-to-Treasure is a hybrid application. The hybrid application can leverage current web technologies and lets in for improvement on a couple of systems with a single code base. It also can support additional functions like push notifications, geolocation services, and integration with 0.33-party offerings.
• Conclusion Trash-to-Treasure is an internet public sale platform for human beings to sell their undesirable objects. Through a marketplace scan, the closest competitor diagnosed turned into eBay. To differentiate itself from competitors, Trash-to-Treasure will offer subscription options for common dealers, extra sources for sellers, and faster, extra dependable customer service. To help the e-commerce platform, the high-quality cellular choice identified is the hybrid utility, which has the competencies to leverage current web technology and support capabilities like push notifications, geolocation services, and 0.33-celebration integration.

Resources:

1. Gillenson, M.L., (2019). E-trade 2020 (seventh ed.). Stamford, CT: Cengage Learning.
2. Holland, A. (2019, April 22). Understanding hybrid apps. Retrieved from https://www.Devteam.Space/blog/recognize-hybrid-apps/

Explanation:

• E-trade is a web platform that enables businesses to have interaction in digital trade, along with shopping for and promoting products and services, undertaking financial transactions, handling purchaser information, and offering customer service. The growth of e-commerce has been fueled by way of technological advancements, inclusive of quicker net connection speeds, an increase in cell device use, and strong virtual fee systems. E-trade has been embraced by using clients round the world because of its convenience, price financial savings, and broader product choice.
• For this undertaking, I actually have selected to research the e-commerce startup Trash-to-Treasure, a web public sale web page that permits human beings to sell their undesirable gadgets. To identify ability competitors, a market test was performed which revealed that the closest competitor to Trash-to-Treasure is eBay. To differentiate itself from its competitors, Trash-to-Treasure will offer subscription alternatives for frequent sellers, additional assets for dealers, inclusive of net website hosting or advertising substances, and faster, extra reliable customer service. These techniques correspond to the enterprise method of differentiation, which seeks to create a unique price proposition for customers.
• In order to ensure that the product may be accessed via the finest variety of customers, it changed into determined that the mobile option that satisfactory desirable Trash-to-Treasure is the hybrid software. This type of utility can leverage current net technologies and supports the development of a couple of systems with a single code base. Additionally, this form of application also can help capabilities like push notifications, geolocation offerings, and integration with 1/3-celebration offerings, making it best for Trash-to-Treasure's fee proposition.
• To successfully release the e-trade startup, Trash-to-Treasure have to create a user-friendly website that is simple to navigate and has a stable checkout system. The web site have to encompass a lot of price alternatives to house distinctive customer possibilities. Additionally, the site have to offer clear and concise information approximately expenses, go back regulations, and customer support guide. Finally, customers ought to be able to easily browse and look for gadgets, with categories and filters presenting a greater green user revel in.
• In order to make the website reachable to the widest range of users, the cell app must be optimized for both iOS and Android gadgets. The cellular app must be designed to provide a seamless person revel in, with features like push notifications to ship reminders to customers whilst an object is nearing the cease of the public sale or while a charge is due. Additionally, customers need to be capable of make bills without delay thru the app, with aid for the most popular fee techniques. The cellular app must additionally help integration with third-birthday celebration offerings, in order that customers can without problems get right of entry to their money owed from a single platform.
• In order to stay aggressive within the marketplace, Trash-to-Treasure need to make certain that their services provide value to their clients. To that quit, the enterprise should attention on offering aggressive pricing, comprehensive customer service, and timely delivery. Additionally, customer remarks and ratings should be tremendously seen on the internet site, for you to provide potential customers with assurances of high-quality. Additionally, the organization have to provide promotions and discounts to praise customers for their loyalty.
• All in all, Trash-to-Treasure has the capacity to become a pacesetter within the on line auction enterprise, furnished that they focus on supplying value to their customers. To ensure achievement, they have to focus on developing a consumer-friendly platform with a steady checkout system, guide for a whole lot of price strategies, and a mobile app that is optimized for each iOS and Android devices. Additionally, they should try to provide aggressive pricing, customer service, and well timed transport. By imposing those strategies, Trash-to-Treasure ought to grow to be a a success e-commerce startup.

------------------------------------------------------------------------------------------------------------------------- ACCODING TO THIS PROJECT ABOVE, RESPOND TO THIS ASSIGNMENT ACCORDINGLY: A2: Project Assignment Part 2

The project assignment is an excellent learning tool and way to develop analytical and presentation skills. With this part of the project, you will be meeting the following learning outcomes:

• Describe the key factorsattestingtheonlinepublishing and entertainment industries
• Describe the various types of social networks, auctions, and portals.
• Discuss the history, benefits, and challenges of B2B e-commerce.
• Designandapplynewbusinessmodels,services, operations, and processesfordoinge-commerce.

Assignment: You have selected an idea for an e-commerce startup from a list provided by your instructor, who will act as the business owner for answering questions related to the concept. The business owner (your instructor) has sought you out for help to define the proposed startup. Your assignment is to create an initial business proposal as outlined below:

1. Part 1:Review section 5.5 of the textbook and discuss the various e-commerce payment systems (onlinecredit card, alternative payment systems, mobile payment systems, social/mobile payment systems, digital cash/virtual currencies) in relation to your e-commerce proposal. Select two options that you feel best suits your startup and justify those choices.
2. Part 2:Refer to Table 6.3 of the textbook and discuss the various types of marketing with respect to your e-commerce proposal. Select two main elements other than a Web site that will make up your marketingroadmapand describe a uniform strategy for implementing them (in conjunction with your Web site).
3. Part 3:Review Table 8.2, Federal Trade Commission's Fair Information Practice Principles located on page 514 of the textbook. Write a 1-2 paragraph statement foreachprinciple describing how you will address it with regard to your proposed startup
4. Collate the above sections into a single, cohesive proposal, Each section should be between 1-2 pages, with the entire document between 4-7 pages, including cover sheet and reference section. The document should also contain a conclusion.

Organize your proposal in the following sections:

1. Cover sheet - Name of the startup and date of proposal.
2. Introduction - Brief overview of the startup and the proposal.
3. Individual sections -Payment Systems, Marketing Strategies, Fair Information Practice Principles .
4. Conclusion - Summarize the relevant conclusions of the proposal.
5. Resources - List the sources researched for this proposal. Ensure that the resources are also properly cited in thebodyof the work.

The proposal should be submitted in a Word document, 4-7 pages in length, typed in double-space, in 10- or 12-pointArialor Times New Roman font. The page margins on the top, bottom, left side, and right side should be 1 inch each. Use the APA guidelines for writing and citations. Resources listed in the Resources section without an accompanying citation in the body of the work will not be accepted.

Submit the Word document to thedropboxfor the A2: Project Assignment, Part 2. See the Course Calendar for due dates.