Kelli%20Dean - PowerPoint PPT Presentation

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Kelli%20Dean

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The biggest problem with online auction sites is the fees involved with each transaction. ... .net for what I hope will be a royalty free photo downloading site. ... – PowerPoint PPT presentation

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Title: Kelli%20Dean


1
Capstone Project Spring 2008
  • Kelli Dean
  • EKU Dept. of Technology,
  • (CEN/CET)

2
OUTLINE
  • Project encompasses
  • Hardware Implementation
  • Software Deployment
  • Network Security Maintenance
  • Legal, Financial, and Distribution Licensing
  • Marketing
  • Website Design
  • Website Deployment.

3
MOTIVATION
  • Increase Personal Income
  • Increase Business Knowledge
  • Increase Web Design Knowledge

4
INTRODUCTION
  • EBay's seller categories
  • Powersellers use EBay as outlets for personal
    stores, or use EBay as their sole income.
    Powersellers usually own what is referred to as
    an Anchor Store.
  • Mid level part time sellers use EBay as a way to
    make extra money.
  • Auction Sellers only can sell in EBay's auction
    format, but they dont own any type of storefront.

5
PROBLEM STATEMENT
  • The biggest problem with online auction sites is
    the fees involved with each transaction.
  • Transaction fees on large sites like EBay are
    based on percentage of final sale.
  • Listing fees are calculated depending on store
    size and products listed.
  • Premier Store s listing fees range from 3 to 12
    cents depending on listing price.

6
  • The second problem is advertising costs. If you
    choose to open an independent site not located
    inside an auction, you lose all traffic the
    auction sites provide.
  • The average advertising firm charges between
    2000 to 5000 a year, plus click costs, and
    search engine banner placement.

7
  • Further problems occur depending on the order of
    the initial site setup.
  • There are also legal issues that may develop if
    precautions are not addressed, depending on the
    estimated store size and revenue.

8
PROPOSED SOLUTION
  • The best solution is do all the research and
    paperwork up front.
  • Setup a checklist of all things that need to be
    processed, and time frames for the processing of
    each item before purchasing any site space.
  • Next address any hardware constraints, purchase
    hardware and software needed, and setup backup
    storage for the sites.

9
Network Screenshot
10
USB Network Hub
11
NAS Screenshots
12
NAS Administration Panel
13
NAS Administration Panel 2
14
NAS Media Server
15
Video of Home Network
16
  • Once all hardware issues are installed and/or
    resolved the next phase contacting your
    distributors of choice.
  • State tax id permit must be obtained before any
    reputable distributor will ship wholesale to your
    business.

17
  • Before any web design occurs, PayPal or
    alternative payment service documentation needs
    to be filled. This will prevent lack of payment
    services on opening day.
  • Once payment service has been approved then web
    design should begin.
  • Staging design at the end of the process avoids
    additional monthly fees for domain lease.

18
Investment Budget
  • Yearly domain name fees range from 58 to 75 a
    year.
  • EBay Premium Stores are 49.99 a month excluding
    photo server, listing fees, and end selling fees.
  • ProStores monthly server storage, email accounts,
    and domain name package costs 24.99 monthly.

19
Results
  • The NAS backup provides excellent storage for my
    page photos and item descriptions for my site.
  • The main site at www.geekabytegadgets.com is
    fully functional.
  • The second site at www.ebay.com/geekabytegadgets
    is a premier store design that is able to be
    accessed from the main site as well as additional
    domain page redirections at www.geekabytegadgets.o
    rg or www.geekabytegadgets.biz.

20
Results Continued
  • PayPal Pro business services for credit card
    processing are 30 monthly.
  • Distribution site listings range from 199 yearly
    to 525 yearly.
  • Trademark processing fees are 349 for logo or
    name trademark, plus legal fees for filing.
  • Incorporating the business is 139 plus state
    fees.

21
Results Continued
  • The sites were live on Sunday April 29th 2008 at
    3 am, and by 10am Sunday morning my first sale
    occurred.

22
CONCLUSIONS
  • Designing an actual e-commerce site was
    definitely more expensive and entailed more than
    I had planned on doing initially.
  • The process could get confusing without some good
    resources, and background business knowledge.
  • The traffic on auction sites outweighs the
    listing fees and selling fees.

23
Future Work
  • I have already purchased an additional domain at
    www.geekabytegadgets.net for what I hope will be
    a royalty free photo downloading site.
  • The current sites I have running will continue to
    be a focus for me, and as sales increase,
    additional funds can be allocated to increase
    inventory.
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