Applied e-commerce metrics for small- to medium-sized enterprises
Michael P. Griffin,
D. Steven White and
Timothy P. Shea
International Journal of Business Information Systems, 2008, vol. 3, issue 4, 374-390
Abstract:
E-commerce enables marketers by providing them with access to broader markets, enhanced communications and a 24/7 global market place. The benefits to Small- to Medium-Sized Enterprises (SMEs) who establish e-commerce capabilities have received much attention in the literature. Similarly, the need to develop and utilise performance metrics is well documented. What is missing is a practical guide to calculating performance metrics with which to measure e-commerce marketing efforts. To operate without marketing metrics, or measurement tools, invites failure. Simple, actionable, e-commerce metrics are presented for adoption by SMEs who seek to track and improve their internet marketing efforts. The use of these basic metrics – easily implemented by using a standard spreadsheet package – should provide marketers with enough information to monitor and control their e-commerce marketing implementations.
Keywords: e-commerce; performance metrics; performance measures; small and medium-sized enterprises; SMEs; electronic commerce; spreadsheets; marketing. (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijbisy:v:3:y:2008:i:4:p:374-390
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