A copy of the presentation given to members of the Cornwall Chamber of Commerce and Industry (CCCI), Jan 2008. Previously published on Slideshare under a different account. Viewed over 6,000 times since original release.

1. E-COMMERCE 2008 & BEYOND

2. uknetweb This presentation was prepared by uknetweb , a company specialising in the technical end of web development. Based in Cornwall, UK, the company has successfully developed a number of sites for clients within the small to medium enterprise (SME/SMB Market), as well as working as partners on projects for the likes of Nokia . The company is owned and run by Toby Parkins, who boasts 14 years of web experience, working on some of the earliest web projects at his university. uknetweb specialise in spotting technical opportunities for businesses operating on the web. The company has created sites with a number of world firsts including; The Cornwall Kawasaki Centre featuring a parts database of over 1.5 million parts linked with diagrams and Beachbeat Surfboards featuring the first custom board shaper and webcam store with live see and buy. Anyone interested in learning more on what the company can do can contact Aren Grimshaw or Toby Parkins on +44(0)1872 555933.

4. SELL

5. e-commerce E-commerce refers to the sale of goods or products through a store online as opposed to a real world bricks and mortar site. A huge and growing area – online shopping sales in the UK hit a new high last year, hitting the £4bn per month mark in July for the first time and over a 12 month period online sales were up a massive 36% ( Brand Republic ). Online stores are not just about selling products. Many work on more sophisticated functions such as flight or hotel booking systems, comparison sites, online brokers or affiliate marketing schemes. It’s a big area but still many companies operate in sectors where this model of business isn’t always appropriate so looking more widely at the internet and emerging technology is important in presenting a presentation that is of use to each and every person accessing it.

6. who uses the web In the UK alone around 34 million people use the internet (according to a survey released by the BBC late last year.) The main way people access online is through logging on at home with 61% in the same survey using their home PC to access the net. Out of these numbers around 65% of internet users buy, with 67% of those feeling confident to purchase using their credit card.

7. hidden depths What you see at the front of a website is the design . Like an iceberg, the design is only the tip of what is actually going on. Beyond the way the site looks are layers of code, databases, servers and other technical functionality to create the site you use on your screen. Looking towards 2008 how is the e-commerce store evolving?

9. the social web Looking at the ‘social web’ in context of the e-commerce / online store environment, there are principally 3 examples of the e-commerce store taking on a more social and connected kind of attitude. These changes focus on people wanting to see information on how other shoppers are acting within the same shopping environment. Using a supermarket analogy: You see a big crowd massing in one of the aisles, around a particular product or range of products or customers queuing up to complain all holding the same product – you would factor in this information into any decision you might make as to whether to purchase or not purchase. In much the same way efforts online are shifting to give consumers what they want. A more social and interactive shopping experience where they can compare products, see what others are buying, hear about duff products before they buy them.

11. More and more customers are reviewing products and accessing the reviews of other customers. Research shows that consumers trust retailers offering these functions over ones that don’t. Amazon has had this kind of functionality for a long time. online reviews

12. comparison functionality E-commerce stores are waking up to the need to offer customers comparisons on like products through their own websites. Simple checkboxes like this one found on the Palm website allows customers to limit results to a specific couple of products with side by side comparison. This kind of functionality offers customers more, increasing store loyalty and reducing cart abandonment as they go elsewhere to retrieve information.

13. tag clouds You may have noticed these strange boxes appearing across the web like the one shown above on the Yell.com website in the UK. They are a simple graphic format that shows how other people on the web are acting. In this case, the larger words reveal the company searches most commonly being carried out by other users. Cloud tags originated from ‘social’ book marking, a way of storing your favourite online places and adding tag references to store them for later use by you or other web users. (see slide 54)

15. Driven by growing fears about the security of purchases online and the increasing number of younger online customers, new pre-paid cards are emerging onto the market. Many cards are available to any user over the age of 13 without any requirement for credit checks. These cards act as normal Mastercard, Visa, Maestro or even American Express cards enabling the user to make purchases online Unlike a credit card, pre-paid debit cards need to be pre-loaded with cash similar to a ‘pay as you go’ mobile phone. They reduce the risk of online shopping by limiting the risk of loss to the credit present on the card. payments unleashed

17. new competition Listed among the Media Guardian’s: Hit sites for 2008 is relative new company, and eBay/Amazon competitor, Etsy.com . ‘ A cross between eBay, Amazon and your grandma’s basement’ according to Wikipedia , the site provides a sales route for for smaller craft based businesses and niche product manufacturers Offering a cost effective way to sell handmade goods online, this site presents many cottage industries with an ideal start to e-commerce business. From a consumer perspective, a great place to shop for gifts with functions to search by colour, event and much more.

19. KNOWLEDGE

22. wikis - example Wikipedia came under some attack in the media during 2007 for inaccuracies; however, in comparison with trusted sources such as The Encylodpedia Britannica it was found to contain comparative levels of accuracy throughout. Wiki’s are being tested across a variety of scenarios, from marketing to education and will continue to grow in 2008. The publication of books such as ‘ Wikinomics ’ are highlighting how these new methods of operating are helping businesses in all sectors find new ways of working, improving growth, profits and efficiencies through collaboration. As a business tool they offer access to up to date information on a range of diverse subjects that otherwise may have required detailed research.

24. blogs - example Here is an example of one of the many CEO blogs out there on the web – in this case Justin Kitch, CEO and Founder of Homestead.com

26. podcasts - example Here is an example of just one of the many out there ready to download. In this case this is the Financial Times producing a variety of business news items.

28. rss – My World My World is part of the Flock Browser. It can be accessed by pressing a small button built into the browser. The custom page displayed shows any RSS feeds subscribed to, as well as your most commonly visited sites. The screen shot above was taken off one of our screens here at uknetweb in preparing this presentation.

30. vista gadgets The screen grab on the left shows some of the ‘ gadgets ’ shown on my desktop as part of the Windows Vista Operating System. Other systems offer similar functionality, Apple Mac users are able to have ‘ widgets ’ as are users of the Yahoo service.

31. dashboard - iGoogle iGoogle – a kind of personalised window on the net presented on your own customisable homepage. iGoogle – a kind of personalised window on the net presented on your own customisable homepage.

32. EFFICIENCY

40. social lending – example 1 US social lender Prosper.com Backed by Accel Partners, Benchmark Capital, DAG Ventures, Fidelity Ventures, Meritech Capital Partners, and Omidyar Network. Prosper has raised $40 million and its platform is patent pending.

41. social lending – example 2 UK Social Lender - ZOPA In just over two years, it has attracted more then 170,000 members with around 5,000 more signing up each month

42. SOCIAL

43. social If you got through last year without hearing about Facebook, MySpace or any of the other ‘Social networking’ sites we would be very surprised. Many might write them off as a waste of time, or a fad; however, evidence both in the UK and the US shows major adoption of these sites both by the expected younger audience and beyond. Estimates put membership of Facebook at 50 million and site valuations are currently around £7.5bn. These sites work on creating niche groups of likeminded individuals who set up personalised ‘profiles’ on the web keeping friends, colleagues or others updated. Similarly for businesses they offer a free route to display company or team information to an audience and track the way in which they interact with these communications.

44. facebook for business - 1 This an example of a Facebook company page. These pages allow companies to display corporate information on a company profile page created by a member. It allows for different types of information to be uploaded and automatically sent to those ‘fans’ registered to receive it.

45. facebook for business - 2 Functions behind the page – perform as a page manager enabling the business to track hits and click through rates in much the same way as conventional websites. We wouldn’t recommend this as your only presence on the web, but as a free addition to the information you present online it can help reach difficult parts of the market where suitable.

46. ADVERTISING

47. advertising Advertising in the new web environment is a complex task; however, statistics show that year on year growth in online ad spend is at 40.1% with online advertising making up 14.7% of the total UK ad spend . With the marketplace changing at an ever faster pace marketers are finding it hard to plan the best routes and gain maximum return on investment for their companies. Where possible companies should look to bring in specific and recognised Search Engine Optimisation (SEO), specialists . These consultants can help companies read statistics and plan online advertising spend appropriately. Facebook and other sites now also offer highly targeted advertising for relevant businesses with advertising directed at very specific target groups by area, location, hobbies and much, much more. Advertising through social networks is set to go from $920 million dollars in 2007 to 1.6bn dollars in 2008 .

49. Google adwords There is a wealth of information out there for those who know how to read it and make informed decisions. This slide shows the numbers of people searching for key phrases on the internet during various times of the year. These phrases relate to those found within the uknetweb website and the number of internet users searching for each of those phrases.

50. Google trends Generated by GoogleTrends, this screenshot shows how interest in the environment over the past few years has driven search engine searches for a word such as ‘eco’ since early 2006 and increasing steadily during 2007 leading into 2008. Interestingly the word ‘green’ remained almost static in comparison. Understanding these factors can be massively important when planning your online marketing activity.

51. social bookmarking These sites allow individual users to store, tag and share links across the internet. Users can share these links both with friends and people with similar interests. They can access links from any computer they happen to be using. All of these sites are free to use but do require you to register. Once registered you can begin bookmarking. Each of the sites works slightly differently but all perform pretty much the same function. The more tags a website gets the more it may be found by likeminded users in the future. As such achieving social tags may be important in getting future rankings for a site. The next slide shows the various social bookmarking logos you will see.

52. social bookmarking logos

53. SECURITY

55. CONCLUSION

56. conclusion - 1 In 2008 and beyond, e-commerce and internet technologies are unlocking new possibilities for all businesses. SELL: Sales continue to grow on the internet and online stores are likely to achieve higher and higher profits. Look out for comparisons, rankings, new payment options and pick up in stores. KNOWLEDGE: Use the knowledge that is out there. Tap into what consumers and competitors' are saying. Keep up to date with information and manage what information you receive through widgets, dashboards and RSS feeds. EFFIENCY: See how you could make your business more efficient or environmentally friendly. Research new ways of working, collaborating and staying in touch through Skype, webex, blackberrys and wifi.

57. conclusion - 2 SOCIAL: Create new contacts through extended contact spheres. Utilise new web technologies to network outside your normal area. ADVERTISING: Market your business offline and online. Remember how Nike and Coke increased advertising and marketing spend during the recession years and reaped the rewards, Look towards some of the cost effective or free routes coming online. SECURITY: Ensure your business is protected. Make sure your security and your customer’s security is up to date. Why not try your hand at just some of the areas suggested? 2008 is a great year to get your business moving online. Best Wishes, uknetweb .

59. ENJOY 2008