1. Aim: What is e-commerce and what are some examples of e-commerce?
Do Now: Handout

2. Commerce: exchanging money for goods/services
Goods: Tangible, physical product
Ex: book, ipod, clothes, Doritos, car
Services: Intangible activity
Ex: Cleaning services, accounting & law services, childcare, mechanics, electricians, dentist, hair salon)

3. E-Commerce Activities
E-Commerce: using the Internet to assist in the trading of goods, services, and information (other names: e-trading, e-business, and e-tailing) -Ex: Amazon.com, Ebay.com, E-trade.com
E-Commerce Activities
Advertise products
Conduct market research
Receive and process payment
Order inventory from suppliers
Track shipping
Order supplies
Provide product information
Contact customers (send promotions and sales information)

4. Characteristics of E-Commerce
In theory, the internet knows no:
Geographical boundaries
Political boundaries
Time boundaries
Internet creates a level playing field. Everyone is “even” and has the same chance.

5. If you were to start an e-commerce business what would you need?
Reliable internet connection
A product or service to sell
A great web page design
A way to deliver the product.

6. Let’s review.
How does commerce differ from “e-commerce”? What are the characteristics of e-commerce. Describe an e-commerce transaction. Describe a good? A service? Describes some activities of an e-commerce business

7. Today’s activity
Handout – Internet research HW – Finish handout