Porter’s Five Forces Model And Internet Competition

According to Porter’s Five Forces Model, in my opinion, competition has increased overall as a result of the internet and e-Commerce. The internet and IT has made it possible to both focus on the top and bottom lines and market share is expanded and costs are cut. Many products and services exist just online, major companies have gone online to successfully augment the brick and mortar corporations, and the playing field is all the way to edges of cyberspace, wherever that is. We will further evaluate this stepping through all five forces.

Buyer power is higher when buyers have more choices. Businesses are forced to add value to their products and services to get loyalty. Many loyalty programs include excellent services that customers demand on-line. Customers want to solve their problems and many times they are more successful on-line than on-phone. Also, we see internet savvy businesses springing up offering more valuable goods and services at lower costs. Now with the advent of eBay, many people are assuming roles as drop shippers. Individuals can have a thriving business selling goods of larger companies without having to carry inventory.

Supplier power is higher when buyers have fewer choices from whom to buy. As mentioned earlier, drop shipping has increased the amount of suppliers available. All an individual has to do is form and agreement to sell products for the company. The company takes care of all the logistics. The same is true of associates programs that Amazon.com and Google.com offer. Associates allow a webmaster to earn money by recommending products from others. This increases supplier offerings.

Threat of substitute products or services is high when there are many product alternatives. This is different than having many suppliers. Examples of alternatives are exchanging brand names, substituting credit card capabilities, and looking at better values from cheaper sources. The internet allows this with the “global economy”. I can substitute my product by purchasing from companies overseas where labor, services and products are cheaper, but of comparable quality.

Threat of new entrants is high when it is easy for new competition to enter the market. Well, what have we been talking about? Now, small operations can open shop with less than $10.00 per month and make a lot of money. As inventive as people are, there are always opportunities to do improve a product or service or just create and sell something new. Recently, many new entrants have made even more money authoring Ebooks that tell others how to do what they did. Rivalry among competitors is high when competition is more intense within industries.

On-line book stores and catalog companies are an excellent example. Amazon.com and Barnesandnoble.com are very competitive. However, there are many also smaller niche affiliate bookstores that when combined take a great deal of market share. They offer even more competition. However, both major bookstores have used IT to create value for their customers. These values include associates programs, ease of payment and shipping and many, many others.

The internet offers avenues of competition to existing companies and opportunities for start ups. Now businesses can enter the market on-line with few barriers to entry. Porter’s Five Forces Model can help demonstrate the attractiveness of starting your on-line business. A business person should use the model to identify competition, make a plan, and implement the process.

Education: The Military's First and Best Line of Defense

The idea now prevalent among some defense officials that formal classroom-based education is either expendable or unnecessary flies in the face of millennia of historical precedent. Brilliant strategists and military leaders not only tend to have had excellent education, but most acknowledge the value and influence of their mentors. The roll call of the intellectual warriors is sometimes the best argument in support of training armies to think: Alexander the Great, Julius Caesar, Napoleon Bonaparte, Robert E. Lee, Erwin Rommel, George Patton, Chester Nimitz.

In stark contrast we can cite familiar military leaders whose educations were, we say, lackluster: the Duke of Wellington (he beat Napoleon – barely – after a slugging 7-year campaign), Ulysses Grant, George Custer, Adolph Hitler, Hermann Goering, Josef Stalin, Mao Tse Tung, Manuel Noriega. For these men, military victories were often a matter of luck over tactics, overwhelming force over innovative planning, and soldiers more fearful than their masters than of the enemy.

I am a moderate, neither "red" nor "blue," with leanings in both camps. I firmly resist a draft, but support (and was once part of) ROTC. When I read that Columbia University had voted overwhelmingly to ban the Officer Officer Training Corps from returning to the campus, I felt that the concept of academic freedom itself had been violated. It is not the university's place to impute value judgments or decision on moral issues. Instead, universities were intended to be places where minds could visit among a broad range of viewpoints, hopefully to pick and choose the best parts from among them. By banning a campus ROTC contingent, Columbia has denied students that choice, and as an academic I am ashamed for them.

ROTC has much to offer university students, including (sometimes especially) those not enrolled as officer candidates. As a thirty-something graduate student working on my master's degree, I enrolled and participated in two ROTC history classes being taught by a multi-decorated Marine colonel, himself a holder of a master's degree in history. The things I learned about military implications of the battles we studied, the social effects of each decision, and the pains taken by most leaders to secure better materiel and intelligence for their troops far exceeded anything taught in the history department's coverage of the same incidents. It was from that extraordinarily patriotic US Marine career officer that I learned, for example, that during the War of 1812 the US invaded Canada and, when it discovered it could not succeed, burned the national Parliament buildings. It was for that last action that British soldiers later pressed on to Washington and set fire to the US Capitol and White House.

Does any of that make a difference? Indeed, I think it is crucial to national survival that soldiers and the public know the big picture behind events that becoming rallying later later. After 9/11, a precious few people asked the loaded question, "what have we done to incur this attack?" The overwhelming response was to stifle such questions – the US were the good guys, and those religious fanatics were angry because they were jealous of our luxury and wealth – and simply treat the attackers as nameless, inhuman enemies. There was no question allowed as to what the real problem might be, only that the US must attack them and annihilate aggression. But what competent physician, I ask, treats only a symptom but ignores the cause of the disease? According to numerous studies mandated by the UN and other agencies, the most important change that would most work towards eliminating poverty and war would be the universal access of women to an education.

We may "Remember the Alamo," but how many recall that Texas was either part of the US then, nor was it trying to become a state. It was seeking independence as a nation so it could maintain slavery, which Mexico had outlawed. When we "Remember the Maine," do we also recall that the ship was probably sunk by an engineering problem, and not from Spanish sabotage? That the war was pushed by US hawks and newspaper magnate William Randolph Hurst, knowing that a war would greatly boost newspaper sales? We must learn from history, because we are already doomed to repeating it. The 9/11 attack was carried out out predominately by Saudi Arabs, but the US response was to attack Iraq. Despite a preponderance of evidence that Iraq had nothing to do with 9/11, the American public still preferred the fabrications about anthrax attacks, WMDs, and terrorist training camps.

So what of military plans to merely enlarge the distance learning programs to replace classroom instruction? As a career teacher, I risk sounding like a ludite when I disparage distance learning. In my experience, there can be no substitute for a human-to-human interaction, where ideas can be immediately sorted, argued, and revised. Seeing the emotional expression of classmates when one discusses controversies ranging from "just wars" to the use of nuclear weapons to the pros and cons of a given policy simply can not be part of an electronic lesson. There is simply no substitution, for example, to having a combat veteran point out "I was there" in a class when another student has presented the sanitized version of a controversial event. That level of emotion will not come through a cable modem. We are already becoming extremely dependent upon the impersonal Internet, so how much more non-human contact can possibly be good for our psychological, especially empathic, development.

Historically, one of the first tragedies of war – after truth and diversity of opinion – is basic humanity. In wars, our soldiers do not kill Germans, French, British, Indians, Japanese, or Vietnamese people. Almost from the beginning, they instead fight krauts, frogs, limeys, savages, nips, or gooks. How much more difficult is it for a poorly educated soldier to understand the enemy when the enemy has been made subhuman? How, perfectly, can the war be won and, more important, peace maintained if we can not understand (but not necessarily agree with) the enemy?
It is unfortunate that the senior military officers so often bring the brunt of public hostility for actions made by civil authorities. The present administration is among the most academically impoverished in US history, while the senior officers are among the most highly educated. While it is true that some soldiers actually enjoy combat, the vast majority would welcome, nay embrace, a career of unbroken peace. The intelligent career soldier trains to protect that which he or she most values, knowing that wars are inevitable. Most pray that they need never fight, but stand ready to put their lives on the line should the rest of us need protection. Rather than reduce, compromise, or restrict education to these defenders, I would argue instead that they all receive free access to our universities and colleges. The academic world needs to get behind a unified message: education is not a privilege; It is the first and best line of defense.

Experts Tips to Start An Internet Home Business

The start up costs for an internet home business are next to nothing compared to the offline world of business start ups.

In fact it is a lot more simple to start and grow a business on the internet.

Of course you need some knowledge to begin your internet home business enterprise. But you do not need a “Bacc” to do business on the web.

All you need is some computer knowledge and some internet marketing basis and a good dose of determination.

Here is some basic tips on how to start an Internet home business.

== 1.Write Your Business Goals ==

It is important to set goals and objectives and then take action to accomplish them. This will be your Business Plan.

Here Are Some questions you should ask yourself:

- Why do I want to start up an Internet Home Business?

- What product or service can I provide?

- Do I have the knowledge and expertise to provide this service?

- Do I know enough about the competition?

- Where will my customers come from?

Take the time to write down your questions and answers and thoroughly research your chosen market.

== 2. Choose A Product or Service To Sell ==

On the internet you can find houndreds of product or services to sell.

You can sell your own product by creating your own, or purchasing resale rights or being an affiliate with a good internet company.

Do not put your personal gains first. Make sure that the product will deliver what it promises. When you promote a product that leaves the buyer dissatisfied, you’ll only be ruining your business. So sell solutions and the money will come.

== 3. Business Domain Name ==

One important first step is to choose the best domain name you can. Keep it as short and simple as possible.

Think of domain name like “Google” or “Yahoo”. They are short and easy to remember.

I know that some people say to use keyword in youre domain name. But if you choose “Internet Business” there is a million of site with this term.

So are you going to use for example “AprofitableInternethomebusiness.com” it might be a nice name but it is too long and not simple.

== 4. Web Site ==

Having A good business website is essential to succeed with an internet home business.

Here is the thing you have to plan to build your website

A) Decide on the website design (color schemes, buttons, special effects etc). However, you may have a preference for a certain color or look. To help you choose a design, you may wish to check out other people’s websites or work with your web designer’s pre-set templates.

(B) The content. There are many items you may wish to include on your website. The most common ones include:

1 Products And Services

2. Contact Information

3. Pricing

4. Testimonials

5. Frequently Asked Questions

6. Resources & Articles

7. Refund Policy

8. Privacy Policy

9. About Us

10. Site Map

11. Useful Links

12. On-line store

== 5. Choose a Web Hosting Company ==

What is a Web hosting Company?

A Web host is a company that provides server space for your website. You can think of a web host as a commercial building. The web host provides space for your website just as a commercial building provides space for your shop or office.

What are some of the things you should look for when choosing a web host? The criteria for choosing a free web host and a commercial web hosting solution are slightly different though they do overlap.

A) Web Space

Does it have enough space for your needs? If you envisage that you will expand your site eventually, you might want to cater for future expansion. Most sites use less than 5MB of web space. Indeed, at one time, one of my other web sites, thefreecountry.com, used less than 5MB of space although it had about 150 pages on the site. Your needs will vary, depending on how many pictures your pages use, whenever you need sound files, video clips, etc.

B) Bandwidth allotment

Nowadays, many free web hosts pose a limit on the amount of traffic your website can use per day and per month. This means that if the pages (and graphic images) on your site is loaded by visitors beyond a certain number of times per day (or per month), the web host will disable your web site (or sometimes send you a bill).

It is difficult to recommend a specific minimum amount of bandwidth, since it depends on how you design your site, your target audience, and the number of visitors you’re able to attract to your site. In general, 100MB traffic per month is too little for anything other than your personal home page and 1-3GB traffic per month is usually adequate for a simple site just starting out. Your mileage, however, will vary.

C) Reliability and speed of access

This is extremely important. A site that is frequently down will lose a lot of visitors. If someone finds your site on the search engine, and he tries to access it but find that it is down, he’ll simply go down the list to find another site. Slow access is also very frustrating for visitors (and for you too, when you upload your site).

How do you know if a host is reliable or fast? If you can not get feedback from anyone, one way is to try it out yourself over a period of time, both during peak as well as non-peak hours. After all, it is free, so you can always experiment with it.

== 6. Shopping Cart ==

No e-commerce website is complete without a secure shopping cart. There are many shopping cart options. Many e-commerce business owners make the mistake of using Pay Pal to accept payments, which immediately tells visitors that their company is very small and not professional.

A good alternative to Pay Pal is a remotely rented shopping cart. Remote shopping carts take the burden of maintaining security and credit card numbers off your shoulder and places the responsibility on another company. Remote shopping carts can usually be configured to look similar to your website.

In fact, your customers may not realize that they have left your website to place an order. The remote shopping cart provider will give you the HTML to add to your website. When your potential customer clicks on the Buy button, he or she is taken to the remote shopping cart to enter the personal information and payment details.

Depending on your choice of a shopping cart, you may or may not need a merchant account to process transactions. Some shopping cart services allow you to use their merchant accounts for a slightly higher fee.

== 7. How To Promote Your Business Website ==

Write An Article: Write an article promoting your site or product. Write an article on a hot topic many people would like more information on and submit it to various e-zines. How do you find out what’s hot? Visit a few of the message boards and see what questions are raised often.
Search Engines: Thousand of search engines exist on the Internet. But, you should only be concerned with the top eight or ten. You should manually submit to the top eight: Alta Vista, Excite, Yahoo, Hotbot, Lycos, Northern Light, Infoseek, Webcrawler, and use one of the FREE automatic submission services like * SubmitPlus * to handle the smaller search engines.

Directories: List your site here too. Directories organize sites into categories. Good examples of Directories: Yahoo, Magellan.

Ezine Listings: If you have an e-zine to promote along with your site. Why not list it with one of the many e-zine services on the Internet. E-zine Library is a good one to start with.

Free Classifieds: You will have to submit to a ton of FREE classifieds to get any significant traffic. Why? You are competing with thousands of other Ads. Remember to work on your Ad copy and make it attention grabbing. Go to one of the popular search engines, type in Free Classifieds, and surf to the top 20 classified sites for beginners.

Often, these sites will lead you to several other Free Classified Sites. In response you’ll get a stack of e-mail thanking you for listing your site while barking their promo. Best to get one of those free email accounts. Hot mail is a good one. So is Yahoo mail.

FFA Pages. Free For All’s are worth a try. Be prepared for a avalanche of e-mails from FFA web site owners. If your title is attention grabbing you will get a few clicks. Good Attention grabbing headlines, FREE, Limited Time, Limited Offer, Proven, Secrets, and many more if you brainstorm. Check out the sales literature delivered to you by regular mail. Check and see what headlines grab your attention. And why? Incorporate them into your Online Ads.

Tell Friends And Family: If your friends, family, acquaintances, have an Internet Connection, e-mail them telling them about your new website, and ask them to visit often. Offer a FREE incentive if they tell a few friends to surf over. Perhaps, a FREE Ad in your e-zine.

Leave Business Cards or Flyers: Leave these promo pieces with small businesses in your community. All relevant contact information; Email address, URL, telephone number, should be included. Offer a freebie to anyone who visits your site. A free e-book, report.

== 8. IN CONCLUSION ==

Think of your first six months primarily as a training period. Do not expect large earnings until after you’ve educated yourself.

Even the most dynamic, highest-earning entrepreneurs in the industry took MONTHS to begin seeing an income of any real significance with their internet home business.

Do not be a negative thinker and do not let the negative attitudes of others (even if they’re family members, friends, or peers) influence you.

All the great men and women in history had to welcome the naysayers who said it could not be done – and then went out and did it. Think for yourself!

As long as you think positive and focused on your internet home business target you’re on the right way to a rich life, which is directed by you and it will lead you to tremendous success and personnal satisfaction.

Copyright © Michel Richer, The Internet Home Business Specialist

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PERMISSIONS TO REPUBLISH: This business article may be republished in its own free of charge, electronically or in print, provided it appears with the included copyright and author’s resource box with live website link.

Courtesy of: http://hombyz.com : For All Your Internet Home Business Needs

Shopping for Cruises Online! How?

Are you planning a cruise vacation but do not know where to start? Have you shopped for a cruise vacation? How did you accomplish your shopping? Did you do your shopping for cruises online? Were you successful in getting the best cruise vacation for you?

I could continue with questions regarding cruise shopping and in particular on-line cruise shopping. But that would not accomplish much without some answers to some nagging questions:

1. Where do I start to find the right cruise vacation?

2. How can I find a cruise vacation itinerary that suits me, my family, my loved one?

3. What cruise line should I consider for my vacation cruise?

4. What stateroom category would best suit my vacation needs?

5. How can I compare cruise vacation deals?

More questions. Perhaps we can answer a few of these questions and help you plan the perfect cruise vacation and purchase the best cruise deal.

Planning a vacation can be an exciting part of the vacation experience as a whole. As you explore and research, the excitation buildings. You become more and more interested in finding information – without being overwhelmed – and can get great satisfaction that you will purchase the very best cruise vacation deal.

Where to Start Shopping for Cruises Online!

One can find information on cruise vacations in many locations – newspapers, friends, "brick and mortar" travel agencies and cruise travel agencies, and on-line. The best bet is to start researching for your self. Decide on where you would like your cruise vacation to travel – should it be a warm winter vacation, a fascinating and relaxing Alaskan cruise, an interesting European vacation cruise or an exciting adventure cruise. At a1-discount-cruises.com you can find merchant links, and more importantly at the start, articles about cruises, cruise itineraries, cruise lines, cruise ships, cruise wear and more to help you plan your special cruise vacation.

The Cruise Vacation Itinerary!

You have already decided on the destination of your vacation cruise. The internet allows you the quiet time needed with all resources necessary to research your cruise vacation destination. You will have no salesmen pushing a particular cruise on you because they get a special incentive to sell that cruise. You can investigate which cruise lines travel the chosen destination and find itineraries that intrigue you. A1-discount-cruises.com offers articles regarding many cruise destinations and itineraries.

What cruise line?

This question requires you to look at your lifestyle and what you would like and expect a cruise vacation to be. Different cruise lines offer different price points, different levels of luxury (although they all offer a certain amount of luxury), and different styles.

Generally speaking, the higher priced cruise lines offer a higher level of service, cuisine, and staff per cruise passenger. This does not mean that the "high end" cruise lines are right for everyone. We've all heard Carnival's advertising – "The Fun Ships". These ships and the "Free-Style Cruising" of Norwegian Cruise Lines tend to be more relaxed and less formal than say Radisson Seven Seas. It becomes a matter of preference at this point. Specific ships can also offer different levels of comfort, formality and service.

Which magnificent stateroom?

The question of what level of stateroom is a matter of taste, preference and of course cost. If you do not plan to spend much time in your room, sometimes an interior room would be suitable. These tend to be the best price point rooms as well. An "ocean view" room provides the passenger with a window from which to look at the day before getting ready for the day's events. Our personal preference is a stateroom with a private deck or veranda. We can sit early in the morning for a few minutes and enjoy each other's company taking in the fresh sea air. And later in the day, before getting ready for the fine dining aboard the cruise ships, we can again have our private time together sipping a glass of fine wine on our deck watching the islands drift by. Sometimes a suite is more suitable. On some cruise lines, the upper level of suites offers concierge or butler service. Whatever stateroom you choose, you will surely enjoy your cruise vacation in comfort.

How to compare Cruise Deals?

Now for the "biggie". How can I compare the cruise deals to get the absolute best value for me? If you have done your research well, it will likely be a simple task. "This cruise offers the itinerary on our preferred cruise line in the stateroom of choice at a price within our budget." However, you will want to compare deals with those exact specifications. At a1-discount cruises.com, we have a number of on-line cruise merchants who are waiting for you to send a request. Do not be afraid to offer your email address when requested. This will allow dialog without pressure so that you can ask questions or get clarifications in the privacy of your home or office. Check out two or three three – or more – of the merchants to see how their pricing is and what incentives if any they have to offer you. If you are still unsure about dealing with an on-line merchant, check out your specific cruise with a "brick and mortar" cruise travel merchant and compare the value.

After you have done this, you can book your cruise knowing that you are getting the best cruise vacation. You have planned for your needs, interests and lifestyle. You have compared pricing with a number of qualified cruise merchants. All that's left to do is book your cruise on-line and get excited!

Check out some of the other informative articles relating to cruise vacations at a1-discount cruises.com. You may just find the cruise vacation deal that's best suited to you!