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E-Business Assignment

Study of B2B website-www.BizWiz.com

Hardik J Shah

117

MBA (Tech)-IT

Trimester - X

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Table of Contents

Sr.No Topic Page No.

1. Introduction 3

2. Business Model 4

3. Competitors 6

4. Revenue Generation 6

5. Comparative Advantages 7

6 Market Strategy 8

7. Conclusions & Findings 9

8. Appendix 10

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Introduction

The segment allocated to me is Business-to-Business (B2B) and the website I

have taken for analysis is www.BizWiz.com

Business-to-business (B2B) describes commerce transactions between businesses, such as

between a manufacturer and a wholesaler, or between a wholesaler and a retailer. The volume

of transactions of B2B segment is much higher than B2C segment because a typical supply

chain consists of many B2B transaction and only one B2C transaction that involves the sale

of finished product to the end user. Taking the example of any Steel manufacturing

industry ,which engages in many B2B transactions while buying material for making of steel

whereas only one B2C transaction when it finally sells to the consumer.

BizWiz, Internet's Biggest Business arrangement merging an Open Marketplace System along

with an Extranet Portal Service.

BizWiz.com is the ultimate Open,One Stop,Business and commercial system providing array

of services with an additional extranet portal service which combines a wide variety of

eServices & eCommerce support for compnaies. .

BizWiz.com provides a business environment which is highly interactive in nature & also

connects business to business. It presents all that a company or a business needs through a

common platform. The feed at one side are the participating company members .BizWiz.comfacilitates business to business commerce by providing services that assists collaboration

,workflow, & transaction support across 186 industries all over world.

Some of the priced services are restricted to the participating member company who have a

valid user name & password, whereas some areas are open so that maximum benefit can be

expanded to the member companies.

BizWiz helps in guiding & organizing information in such a way that the companies can use

internet productively. BizWiz can definitely serve as the catalyst for the growth of the

company if utilized as a doing tool rather than planning tool.

One of the main advantage of BizWiz is that it operates on a common platform with no need

for an application software. Services are maintained through a control panel that can be

customized according to the user & company.It helps professionals, executive achieve goals

efficiently and effectively, hence obtaining an edge over the competitors.It facilitates in

completing everyday tasks by providing the necessary tools,resources,application.

There are four levels of service:

1. an open marketplace structure

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http://www.bizwiz.com/http://www.bizwiz.com/

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2. constrained marketplace resource system,

3. portal system (bportal),

4. a business services network aimed at bringing participant users closer to services of

world class companies(EZEx).

BizWiz is not like the traditional hyperlink service ,but it rather owns and operates the

services that are a part of the BizWiz Network system.As the customers need changes

,BizWiz helps you grow by expanding the portfolio of BizWiz services to meet the changing

requirements.BizWiz helps you connect with the companies and business essential for your

growth as BizWiz owns and operates all the service modules in the BizWiz Network System

The easy interface encourages Executives, Engineers, General Mangers and all the company

employees to use BizWiz to interact with the customers,vendors and other business

colleagues. Each service designed in such a way that it meets customers requirements and its

integration with other services in our system helps to enhance information flow, transactions ,interaction , data retrieval and communications.

Business Model

BizWiz arranges and provides a "Make Life Better Package" for Employees of BizWiz

Member Companies as part of its EMPLOYEE SUPPORT SERVICES.

Education & Scholarship Schemes for children of Employees

Financial Planning & Assistance

Personal Care

Travel

Career Enhancement

Health and Fitness

BizWiz achieves its uniqueness and strength as it is similar to a large LAZY-SUSAN where

in business people can put their information and extract the services in real time.It is a

common platform allowing participants to enter and retrieve valued data, solutions

information and requests. BizWiz technology takes the content and matches it in a way that

right business/service is obtained at right time through an e-mail or online service.

BizWiz is able to consolidate data from various sources into a single input, choosing the

information based on the type of type of customer using service through a rule based content

engine.It is therefore able to deliver the right message to the right person at the right time

which includes targeted advertising, targeted RFP, content and matching services.

BizWiz has cross industry domain covering as many as 186 different industries making it an

decisive One-to One Marketing engine.

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Companies participate in BizWiz in several ways:

1. Company Membership at a nominal fee of $16 per month

2. Featured Sponsor Membership at an affordable rate of $333 per month.

3. Countrywide Account publicity & advertisement

4. Channel Partner Programs and Strategic Partner Programs

5. Anchor Sponsors

BizWiz aims at building strategic Business Relationships with some of the leaders of the

business market

Strategic Affiliation BizWiz is competent to amalgamate another firms service or

technology into some of its business service areas by entering a contractual relationship

with the company so that both the companies can gain new customers, & obtain a competitive

edge that would not be possible the other way without strategic relationship.

Joint Venture J-V leads to the formation of a legal entity between two or more parties to

undertake an economic activity together.The companies entering into joint venture with

BizWiz can be in the driving seat position as BizWiz market environment can add financial

value and business strength to a great extent as a part of J-V.

Licensing - Licensing of sub-domain names such as China.BizWiz.com.

Business Expansion - Marketing use of BizWiz on contract including advertising,

consulting, demonstrate, and special projects.

Personal Labelled Services - Reseller agreements for BizWiz to trade and advertise Internet

Infrastructure services under its own trade name .

Channel Partnership - Expansion of generalized domain services in focused business areas

with the intention of selling products, improving brand development, and escalating market

share for the Channel Partner.

Media Partner - Establish affiliation with media firms for the purpose of exchanging

advertising, promotion, newswire feeds, cross content development, and advertiser support.

Co-Development - Special Enhancement package consolidating different BizWiz services

technology and market environment under some new original name such as EZEx.com-

Business Services Network.

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4.Exclusive, valued content.

5.The potential to convert COMPANY MEMBERS into a mass of millions of EMPLOYEE

MEMBERS with high revenue and profit for the company.

6.Demonstrated ability to migrate customers between services.

7.The ability to support all forms of e-commerce transactions, matching, and collaboration.

Advertising

The Rainbow Pages Network provides over 1000+ customized services to consumers and

business over internet. The company claims that their ad servers are doing an excellent job bydelivering the right ad to right person at right time.

For a run of network graphic the company is charging $5,000 per 30 Day Cycle

And the charge for Text ads in KeyWordsLink system is $1,000 per 30 Day Cycle

Comparative Advantages of BIZWIZ

BizWiz helps you to increase your contacts, contracts, revenue, and profit.

BizWiz technology allows companies to come together in one marketplace where customers

can exchange information and eliminate boundaries between verticles essentially

accelerating business processes and transactions right from the participants desktop.

Increase your Buying Power .

A product range of 13,000,000 products provides the buyer with an extensive range at a

comparative price

Put our Content Machine to work for you.

Members can put time-sensitive content into the system that is important to distribute, and get

time-sensitive and archived content out of the system that is important to have.

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Locate Experts at your moment of need.

BizWiz is a Connection Engine that lets you reach out to experts and solution providers who

can help you with whatever you need....on-demand.

It is a common platform where in large, medium, small companies can interact irrespective of

the location worldwide. .

Increase and optimize links and visibility.

Through strategic links to major search engines, we help our members to achieve a higher

ranking and overall higher presence on the internet.

Market Strategy

The market strategy is to try and connect maximum number of business with each other. The

concept is like a lazy Susan where all the interested business people sit around the table.

Many a times everyone sitting on the table do not have a reason to stay connected, but

everyone is putting something on the lazy Susan and someone else is picking it up. Someone

might be in dire need of capital and someone sitting on lazy Susan might be having excess

cash to invest somewhere. This way business professionals sitting on Lazy Susan can be

helpful to one another in many ways.

But the lazy Susan is constantly spinning, and people are constantly putting things on and

taking things off. The success of that system is dependent on having a critical mass, and

fortunately BizWiz has started early enough to generate that critical mass.

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Conclusion & Findings

BizWiz offers registered and participating companies a wide variety of business services &

business applications through a common platform. Business is all about Contacts &

Contracts, hence BizWiz is an effective tool making contacts & allowing business to workonline. BizWiz platform is often used for buying and selling products and for recognizing the

opportunities at a premature stage. It provides members with exclusive, up-to-date content

meeting daily business needs. BizWiz serves as many as 186 different industry domains

covering almost all the markets worldwide.

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Appendix

Fig 1.1Home Page

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Fig 1.2-How to Register

Fig 1.3-How BizWiz Works

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Fig 1.4 Lazy-Susan Approach

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