E-COMMERCE
E-COMMERCE
LESSON 2:
BENEFITS AND LIMITATIONS OF E-COMMERCE
Topic:
• Introduction
Everything has its pros and cons, same is with E Commerce, lets have a look.
• Categories of E commerce
Benefits and Limitations
• Benefits and limitations of E Commerce
The Benefits of EC
Few innovations in human history encompass as many potential benefits as EC does. The global nature of the technology, low cost, opportunity to reach hundreds of millions of people
(projected within 10 years), interactive nature, variety of possibilities, and resourcefulness and rapid growth of the supporting infrastructures (especially the Web) result in many potential benefits to organizations, individuals, and society. These benefits are just starting to materialize, but they will increase significantly as EC expands.
• Summary
• Exercise
Objectives
After this lecture the students will be able to:
• Describe the categories of E commerce
• Describe the benefits and limitations of E Commerce
In the previous lecture we divided the applications of E commerce in three categories, today we will divide categorize E commerce according to the parties involved in the business.
• Business-to-business (B2B). Most of EC today is of this
type. It includes the EDI transactions described earlier and electronic market transactions between organizations.
•
Business-to-consumer (B2C). These are retailing transactions with individual shoppers. The typical shopper at
Amazon.com is a consumer, or customer.
•
Consumer-to-consumer (C2C). In this category consumer sells directly to consumers. Examples are individuals selling in classified ads (e.g., www.clas-sified2000.com) and selling residential property, cars, and so on. Advertising personal services on the Internet and selling knowledge and expertise is another example of C2C. Several auction sites allow individuals to put items up for auctions. Finally, many individuals are using intranets and
LESSON 2:
BENEFITS AND LIMITATIONS OF E-COMMERCE
Topic:
• Introduction
Everything has its pros and cons, same is with E Commerce, lets have a look.
• Categories of E commerce
Benefits and Limitations
• Benefits and limitations of E Commerce
The Benefits of EC
Few innovations in human history encompass as many potential benefits as EC does. The global nature of the technology, low cost, opportunity to reach hundreds of millions of people
(projected within 10 years), interactive nature, variety of possibilities, and resourcefulness and rapid growth of the supporting infrastructures (especially the Web) result in many potential benefits to organizations, individuals, and society. These benefits are just starting to materialize, but they will increase significantly as EC expands.
• Summary
• Exercise
Objectives
After this lecture the students will be able to:
• Describe the categories of E commerce
• Describe the benefits and limitations of E Commerce
In the previous lecture we divided the applications of E commerce in three categories, today we will divide categorize E commerce according to the parties involved in the business.
• Business-to-business (B2B). Most of EC today is of this
type. It includes the EDI transactions described earlier and electronic market transactions between organizations.
•
Business-to-consumer (B2C). These are retailing transactions with individual shoppers. The typical shopper at
Amazon.com is a consumer, or customer.
•
Consumer-to-consumer (C2C). In this category consumer sells directly to consumers. Examples are individuals selling in classified ads (e.g., www.clas-sified2000.com) and selling residential property, cars, and so on. Advertising personal services on the Internet and selling knowledge and expertise is another example of C2C. Several auction sites allow individuals to put items up for auctions. Finally, many individuals are using intranets and