E-Business Lecturer: Frank Doyle Semester 1

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Presentation transcript:

E-Business Lecturer: Frank Doyle Semester 1 DT315 Year 2 E-Business Lecturer: Frank Doyle Semester 1

E-Business Frank Doyle MIS Department Room: 1-019 Aungier Street Ext: 3246 Mailto:frank.doyle@DIT.IE HTTP://FJDoyle.DIT.IE http://francisjdoyle.com FTP://fjdoyle.dit.ie ftp://francisjdoyle.com

E-Business Introduction Internetwork Technology WWW and related technologies & Services Revenue models On-line Selling On-line Payment Systems On-line Security Web Business Software

E-Business Internet, non commercial, Military & Research 1992 World Wide Web – Tim Berners Lee Google Amazon E-Bay Facebook Twitter Cisco Dell

E-Business Electronic Funds Transfer EFT. Electronic Data interchange EDI. 2000 Dot Com, Dot Con, Dot Bomb, Dot Bust. Business to Consumer, Buying & Selling. Business to Business, E-procurement, Supply Mgmt. Consumer to Consumer, (Peer to Peer). Business internal processes.

E-Business 2003 Second Wave. International in scope, language, currency. Initially US, English language only. Companies using own funds. Venture capital (-> Bubble and Bust). Broadband fast Internet connections. Slow dial-up telephone lines. Korea has extensive Internet coverage at very high speeds, on-line Movies.

E-Business 2003 Second Wave. Customised E-mail and SMS strategies. Unstructured approach. New approach to distribution of digital products. Piracy of music, videos, software and books. First mover advantage success for some only. First mover advantage meant success!!!!!!!!! “The second mouse gets the cheese.”

E-Business Revenue Models Business processes to identify customers. Some products are not conducive for E-Commerce. High Fashion, non branded goods. Digital products, E-books, software, mp3. CDs, DVDs, books. Branded electronic goods. Financial products and Banking. On-line Learning, Ticket booking.

Advantages of E-Business

E-Business Disadvantages

E-Business International Issues Trust Language. Culture. Difficult to build from scratch. “On the Internet no one knows you’re a dog” Language. 6 billion people, 400 million native english speakers. 50% of Web sites are in English. Translation services. Culture. Japanese people do not pay by credit card prefer cash. Government. Control in some countries: Saudi Arabia, Yemen, North Korea, China. Strict censorship – Freedom House publish reports.

E-Business Issues cont. Infrastructure. Network charges vary, US cheap, some 3rd World countries are very expensive. 50% of Businesses turn away International orders. $800 Billion to process paper work of international orders Law and currency. Huge disparity in Law. A multitude of currencies.