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E-Business and E-Commerce
7 E-Business and E-Commerce
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Describe the six common types of electronic commerce.
Describe the various online services of business-to-consumer (B2C) commerce, providing specific examples of each. Describe the three business models for business-to-business electronic commerce. Identify the ethical and legal issues related to electronic commerce, providing examples.
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Overview of E-Business and E-Commerce
Business-to-Consumer (B2C) Electronic Commerce Business-to-Business (B2B) Electronic Commerce Ethical and Legal Issues in E-Business
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[ Opening Case The Flash Crash ]
The Problem A Stopgap Solution The Results What We Learned from This Case
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7.1 Gemvara
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Finding A Doctor Right Now
7.2 Finding A Doctor Right Now
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Overview of E-Business and E-Commerce
7.1 Overview of E-Business and E-Commerce Definitions and Concepts Types of E-Commerce Major E-Commerce Mechanisms Electronic Payment Mechanisms Benefits and Limitations of E-Commerce
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Definitions and Concepts
Electronic Commerce The process of buying, selling, transferring, or exchanging products, services, or information via computer networks, including the Internet. Electronic Business (e-business) A much broader concept than e-commerce Servicing customers, collaborating with business partners, and performing electronic transactions within an organization
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Definitions and Concepts (Con’t)
Degree of digitization Brick-and-Mortar organizations Virtual Organizations Clicks-and-Mortar Organizations
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Major E-Commerce Mechanisms
Electronic catalogs Electronic auctions E-storefronts E-malls E-marketplaces
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Types of E-Commerce Business-to-consumer (B2C)
Business-to-business (B2B) Consumer-to-consumer (C2C) Business-to-employee (B2E) E-Government Mobile commerce (M-commerce)
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E-Commerce Business Models
Online direct marketing Electronic tendering system Name-your-own-price Find-the-best-price Affiliate marketing Viral marketing Group purchasing (e-coops)
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E-Commerce Business Models (Continued)
Online Auctions Product customization Electronic marketplaces Bartering online Deep discounters Membership
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Electronic Payment Mechanisms
Electronic Checks (e-checks) Electronic Cards Electronic credit cards Virtual credit cards Purchasing cards Stored-value money cards Smart cards Person-to-Person Payments
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Benefits & Limitations of E-Commerce
National and International markets are more Accessible Lowers costs of processing, distributing, and retrieving information Provides access to a vast number of products and services 24/7 Deliver information, services, and products to people in cities, rural areas, and developing countries Lack of universally accepted security standards In less-developed countries telecommunications bandwidth is often insufficient, and Web access is expensive Perceptions that e-commerce is insecure Unresolved legal issues Lacks a critical mass of buyers and sellers
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Business-to-Consumer (B2C) Electronic Commerce
7.2 Business-to-Consumer (B2C) Electronic Commerce Electronic Storefronts and Malls Electronic Malls Online Service Industries Issues in E-Tailing
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Online Services Industry
Disintermediation Cyberbanking Online Securities Trading The Online Job Market Travel Services Online Advertising Advertising Methods
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Advertising Methods Banners Pop-up Ad Pop-under Ad Spamming
Permission Marketing Viral Marketing
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Issues in E-Tailing Channel Conflict Multichanneling Order Fulfillment
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Macy’s Increases Its Online Presence
7.3 Macy’s Increases Its Online Presence
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Can Traditional Retailers Survive?
7.4 Can Traditional Retailers Survive?
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7.5 The Future of Shopping
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Business-to-Business (B2B) Electronic Commerce
7.3 Business-to-Business (B2B) Electronic Commerce Sell-Side Marketplaces Buy-Side Marketplaces Electronic Exchanges
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Ethical and Legal Issues in E-Business
7.4 Ethical and Legal Issues in E-Business Ethical Issues Legal and Ethical Issues Specific to E-Commerce
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Legal and Ethical Issues Specific to E-Commerce
Fraud on the Internet Domain Names Cybersquatting Taxes and Other Fees Copyright
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[ Closing Case What’s Your eScore? ]
The Problem One Solution The Results
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