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Subject: RE: UKNM: e-business spend
From: Catherine Higgins
Date: Wed, 8 Nov 2000 20:23:02 GMT

Having worked with one of the High Street Banks on internet banking, I agree
with Andy - even if you can get your hands on figures for what the
competition are spending, you won't be comparing like with like.

E-business for banks isn't just web access to account details, although this
is probably the part that will be quantifiable, and costs may be publicised.
However, as soon as you scratch the surface of web access to accounts, you
come up against the really tough stuff - how to automate back-end processes
that are currently done by hand with multiple sign-offs, how to ensure
security throughout, how to configure your call centres to deal with a
mixture of on-line and off-line customers, how to fulfil real-time when
signatures and credit checks cause delays... and the list goes on.

I'm assuming that the reason your client wants this competitor information
is to justify its own expenditure... there are probably other ways of doing
this.

In the end, this is not an investment that a traditional financial services
board will be comfortable with, but if you can convince them that the normal
business case rules don't apply, and that the investment is absolutely
imperative for the survival of the business, you should get there.

------------------------------------------
Catherine Higgins
Foresight Europe Limited
http://www.foresight.co.uk
Direct Tel: 020-7348-1092
Mobile: 07710 276420
------------------------------------------

----Original Message-----
From: Andy Turner [AndyatORACLE [dot] WILDFIRE [dot] com (mailto:AndyatORACLE [dot] WILDFIRE [dot] com)]
Sent: 08 November 2000 16:44
To: uk-netmarketingatchinwag [dot] com
Subject: RE: UKNM: e-business spend


This is beyond tough - impossible would be a more appropriate word. I speak
from experience having managed a major research study in Europe for a global
media group trying to map expenditure on B2B e-business spending. The
problem is one of definition. Firstly, definitions of 'e-business' are not
universal. Even the big global consulting firms differ on this. Secondly,
what constitutes e-business expenditure? email software upgrades? a CRM
system, new WAP mobiles for the sales force? on-line advertising? Thirdly,
e-business spending isn't the domain of one department but many, including
IT, HR, Marketing, Sales, etc.
I found IDC Group produces some of the best stats and forecasts. Their
report known as the web-spending forecast has breakdowns by vertical
markets, so that might give you industry figures, but it costs ���'s. Good
luck, Andy Turner.

-----Original Message-----
From: owneratchinwag [dot] com [owneratchinwag [dot] com]On">mailto:owneratchinwag [dot] com]On Behalf Of Richard
Bailey
Sent: 08 November 2000 06:02
To: uk-netmarketingatchinwag [dot] com
Subject: RE: UKNM: e-business spend


Pretend to be a customer who wishes to advertise and just ask them?
If you get the right sales person he will tell all.


Richard Bailey
www.Godado.co.uk <http://www.Godado.co.uk>
RBaileyatgodado [dot] com <RBaileyatgodado [dot] com (mailto:RBaileyatgodado [dot] com)>
020 7236 7722

[Sam says: msg chopped]


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