Recently I read my COMM101 classmate Candice Chung’s blog, Connected Net. In her blog, she brought up some interesting advices on starting up an online shop, such as creating a business plan with realistic, measurable goals, making sure the website is accessible, making payment simple, and etc. She also mentioned that creating a management information system (MIS) helps to make decisions.
This reminds me of the lecture on the application of IT system in business. IT systems can be used to collect data, get insights, share insights and replicate insights. The key for every business is getting the customer’s opinion, thus, an effective way of collecting these information is valuable to the business growth.
Compared to doing business in real world, doing business online is facing more technological challenges. Zappo is an example for a successful online shop. It demonstrates how the management information system contributes to running the business effectively.
Creating an online shop has always been my business idea. The article provided me with some valuable insight that I can apply to create my own business.
Link: https://blogs.ubc.ca/candicechung/2013/11/12/connected-net/
http://businessgross.com/2013/10/26/things-consider-setting-online-shop/