Question
You have been hired by a friend named Jane to help her develop her business - Jane's Teacups. Jane has operated for several years in
You have been hired by a friend named Jane to help her develop her business - Jane's Teacups. Jane has operated for several years in a small shop selling teacups in Edmonton. Over the past several years Jane's business has grown by leaps and bounds as she has expanded, particularly online. She now has a website selling many, many teacups to enthusiasts all over the world. In addition to online sales, Jane has opened 6 stores across Canada and is looking to expand to approximately 10 over the next two years. This has come with an increase in staff, from just Jane a few years ago, to over 40 employees today. One thing Jane has struggled with is her information systems, which is why you've been hired. Many of the systems that are in use are old, haphazard, and disorganized. Much of the bookkeeping and accounting data is stored in Excel spreadsheets; an online CRM system is used and is connected to the online store, which is the most advanced IS in the company. Orders from vendors are mostly completed via email and old historical data is dumped into one folder on Jane's office desktop. Jane's Teacups is in the middle of modernizing these systems in advance of their expansion, and Jane has several questions for you...
Q.1)
Jane has noticed the engagement and number of views on their social media sites, blogs, and other websites is increasing.
What is one online business model, in addition to the online store, that Jane could utilize to increase sales?
Provide a brief (2 short sentences) explanation of how that business model will generate sales for Jane.
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