The thesis project describes  the analysis, process and major factors in development of a simple component oriented Web Shop in ASP.NET. It addresses to the concepts used in  the application as  well  as  derivation  of  technical  design  and  development  from  the  concepts  acquired  by studying existing approaches. The report  describes  a  brief  summary of  existing  approaches  and related  technologies.  It also lays  the foundation  of  goal  oriented  approach  by  providing  an  overview  of  component  based  software engineering. The  basic  concepts for modularization  were  barrowed from  entities  identification,  object models and component models pplication’s architecture is set to be a layered app roach combining the software layered  architecture  approach  with  multi  tier  architecture  of  web  applications. Class models explaining the inner structure of each component have been provided and an overview of user interface pages is given to explain the application outer flow. The application sets out to prove the significance of component oriented approach as well as  the  support  provided for it by ASP.Net. The resulting package proves  to  have  scalable  components  that could be scaled for  or  reused in another  application or  in  a later version of the same application. / First and Final Version of our Thesis Report / SoftIn - Introducing methods and tools for software development in small and medium-sized enterprises