Conduct a research study on e-Commerce transaction broker e-business model. Research its purposes, features, designs, strengths, weaknesses as well as its security and privacy.
The term E-Commerce refers to all online transactions.
The 3 main categories of E-Commerce are
Transaction Broker is a person or firm who/which acts as an intermediary between sellers and buyers of businesses. This person or firm does not own the business, but earns a commission through any successful deal being made.
Labels: 3 categories of e-Commerce; Transaction Broker
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3:37 PM
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Purposes.. ..
Consumers can choose from a variety of tour packages, types of hotel accommodation, and types of airlines & the schedules of the flights that suit his or her preferences. Information such as the world weather, currency converter, prices, the duration of the packages, latest promotions, as well as their hottest deal is conveyed to the consumers over the website. Also, it allows consumers to do online travel planning. Consumers can purchase their service without having to go to a physical shop. It is a waste of time going there as they will be getting the same itinerary & packages. Furthermore you can select your desired package at the comfort of your homes without having to queue, which is a save of time. Labels: purposes ♥ ISORG MiNi prOject ♥
The main purpose of ASA Holidays is to provide a one stop platform for the sale of their service to any consumer in sg over the internet.
3:33 PM
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(Click on the image to get a clearer view of the picture)
How Payment is Made¿?¿
[ Step - by - step]
Step 2: Comfirming the booking





Labels: Business Model; Payment Scheme; Steps of payment made
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11:07 PM
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Design.. ..
It is simple and organized with clear labeling for each category. Labels: Design ♥ ISORG MiNi prOject ♥
This is how the main site looks like ..
The website consists of:
-> The current deals & promotions
-> Some important information which customers might need to know
e.g. traveler tools & customers testimonials.

10:22 PM
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Strengths of the website:

Labels: Strengths
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10:47 PM
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Weaknesses.. ...
Labels: Weaknesses; Competitor's advantage ♥ ISORG MiNi prOject ♥
Weaknesses of the website:
1) The web page is only in one language, which is English.
What improvements could be made?
- Could have the ability to translate the page, in English to other languages such as Chinese, Japanese, Korean and etc.
2) Visual-Pictures are use as a form of attraction for the customers.
What improvements could be made?
-Videos or clips could be use instead to allow better visual effects.
3) It is time-consuming to look for a suitable flight and hotel from scratch, as they are given many options.
What improvements could be made?
- The website can provide comparison charts to compare the prices of the fights provided by the different airlines as well as the prices of the hotel rooms provided by the different hotels. This would allow the customers to obtain the cheaper alternative at one look rather than having to click on the different options.
4) Only able to pay for flights and hotel accommodations, but unable to pay for travel packages online. (Have to make a trip down for payment)
What improvements could be made?
- Allow customers to pay for their tour packages online as this will save them alot of time.
What their direct competitor's have that they do not:
Dynasty Travels provide car rental bookings, but ASA holidays do not have that option.
They have an online chat system to help customers in their enquiries and doubts, instead of them calling or making a trip down. It saves time and effort as customers are already online. It minimizes search cost too. This is a good "plus point" to assist the customers in.
An example of a web chat via Dynasty Travel website:
10:09 PM
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Internet based systems are very vulnerable because the internet is designed to be open to anyone. Every piece of information needs to go through many computer systems before it reaches its destination. Information/data can be monitored, captured as well as stored at any of the points along the route.
Today, due to the advancement in technology, many people can intercept and spy on streams of electronic information as data flow through the net and other open networks. Interceptions usually happen during transactions are being made. Important data that might be intercepted may include the names of the credit card holders and the credit card numbers. Security of Electronic payments is one reason why E-Commerce has not grown more rapidly online.
Labels: Security; Privacy
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1:28 PM
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