Are There Risks Involved?

Someone has convinced the local Chocolate Shop to put their specialty cookies on the web. But they didn’t mention the risk with perishables. Preparing batches when orders come in will require getting up before the Dunkin Donut Man. No one told the local Florist about the cost of joining Flowers800 and if she didn’t join she could be lost. The furniture store who thought Web advertising would increase business didn’t encompass the calls that came and requested delivery – which resulted in typing up his entire personal. The boating supply redistributors didn’t realize the webhost he chose did not take pay pal. And the toys reseller didn’t encompass the shipping cost. And that’s just on the front end.

The competition for the judo school was not mentioned along with Search Engine inclusion costs. No one warned the online Wine store about Global age requirements and legalities. John’s antique pottery is trying to deal with credit card fraud. And the list goes on.
Most websites limit the critical risks to technical issues but there are a lot of intangible issues including increased business. In the present day when we can’t distinguish the difference in searching online and internet or web. While some etailers may need to worry about viruses, others are concerned with keeping record orders safe and knowing what state taxes will be involved with purchases.

It’s up to the consultants to determine the Risks and the potential solutions.

Using the C2C business of your choice, conduct a Risk Analysis and document the tangible and intangible risk factors. Providing the following:

1. Name of business.
2. Type of product.
3. Demographics on the potential consumers.
4. Prioritize the concerns for the analysis.
5. List the solutions for the concerns and how you plan to handle them. (You do not have to solve them).
6. Provide working links to the resources where you obtained your information.
7. Make your Blog as attractive and informative as possible - worthy of an Advanced Ecommerce student.

This exercise in Critical thinking is designed to get you started on the right foot – planning before you invest your time and effort in design.
Example (very "shortened" version):Wanda sells Nightcrawlers for Fishing. She grows her own and lately she’s noticed that people are coming from further distances and calling because the supply has decreased but the demand has increased.

1. Business name: Wanda’s Worms.
2. Product: Nightcrawlers – worms for fishing.
3. Potential consumers – All ages may use but purchasers will be between the age of 18 and 97

Concerns:Age of BuyersSolution: Purchasing Age Verifier (be sure to verify the validity of services) or having designer encrypt. [You will not have to perform such verification for this course but should be cognizant of the lettering verification and other methods business use as a disclaimer to justify accepting orders].

Credit Card Fraud
Solution: PayPal has built in solutions.

Perishability
Solution: Nightcrawlers can be maintained for interminable lengths of time.

Stocking
Solution: Wanda will post an out of stock notice when necessary. She is not concerned about lost sales.

Have a go at it and Git'r Done!