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E-Commerce Gerhard Steinke Analyze types of E-commerce (B2B, B2C, C2C)

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Presentation on theme: "E-Commerce Gerhard Steinke Analyze types of E-commerce (B2B, B2C, C2C)"— Presentation transcript:

1 E-Commerce Gerhard Steinke Analyze types of E-commerce (B2B, B2C, C2C)
Understand payment concerns Evaluate Website success factors

2 Web 2.0 User-centered applications and social media technologies
User-generated content and communication Highly interactive, social communities Large audiences Business model? Examples: Twitter, YouTube, Instagram, Wikipedia, Tumblr, Uber,… Web content has grown exponentially >60 trillion unique URLs

3 E-Commerce Relationships
EFT B2C –business to consumers B2B –between organizations Extranet – private between organizations C2C – sales between consumers G2C – government to citizen Gerhard Steinke

4 Business-to-Consumer (B2C)
Advanced website technologies one-click ordering, personalization, etc. Use of search engines E-tailer Community provider (social network) Content provider Transaction broker Market creator Service provider

5 B2C Models: E-tailer Online version of traditional retailer
Revenue model: Sales Variations: Virtual merchant Bricks-and-clicks Catalog merchant Manufacturer-direct

6 B2C Models: Community Provider
Online environment (social network) where people with similar interests can transact, share content, communicate,… Examples: Facebook, LinkedIn, Twitter, Pinterest Revenue models: Typically hybrid, combining advertising, subscriptions, sales,..

7 B2C Models: Content Provider
Digital content on the Web: News, music, video, text, artwork Revenue models: Use variety of models, including advertising, subscription; sales of digital goods

8 B2C Models: Transaction Broker
Process online transactions for consumers Primary value proposition—saving time and money Revenue model: Transaction fees Industries using this model: Financial services Travel services Job placement services

9 B2C Models: Market Creator
Create digital environment where buyers and sellers can meet and transact Examples: Priceline, eBay Revenue model: Transaction fees, fees to merchants for access Sharing economy (mesh economy): platforms that allow people to sell services Examples: Uber, Airbnb

10 B2C Models: Service Provider
Online services Example: Google—Google Maps, Gmail, and so on Value proposition Valuable, convenient, time-saving, low-cost alternatives to traditional service providers Revenue models: Sales of services, subscription fees, advertising, sales of marketing data

11 Retailing on the Web Performance and Service Socialization
This slide corresponds to material on pp Performance and Service Socialization Look and Feel Security and Reliability Personalization Incentives Factors Affecting Retailing on the Web 9 9 8 8 8 8 8

12 Business-to-Business (B2B)
Businesses buy, sell and trade with other businesses Types of marketplaces Sell side buy side distribution procurement auction

13 Consumer-to-Consumer (C2C)
Auction-style Examples: auctions

14 E-Commerce: Benefits Cost efficiencies: lower costs
Operational efficiencies: transactions accuracies Effectiveness: increasing reach, better communications with customers, suppliers, etc. Facilitates national/international expansion Reach a target/niche audience Avoid brick-and-mortar overhead Access venture capital (not always easy) Gerhard Steinke

15 E-Commerce: Costs Hardware, software and development
Staffing and training Marketing and transaction costs Upgrades, hosting and access costs Logistics and security Alienating existing customers Frustration and failures Gerhard Steinke

16 E-commerce Process Components
Access Control and Security – secure login Profiling and Personalizing Search Management Content Management Catalog Management Payment Workflow management Event Notification Collaboration

17 Electronic Payments Electronic Funds Transfer (EFT)
Secure Payments on the Internet Credit/debit cards CyberCash Micropayments Digital Wallet Paypal Applepay -

18 Creating Strategic Business Value
Global Dissemination Interaction with customers Analytics Customization Collaboration with suppliers Integration What makes a site successful? What makes a site successful globally?


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