Preview

e-commerce chapter 1

Satisfactory Essays
Open Document
Open Document
2134 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
e-commerce chapter 1
E-commerce 2013 business. technology. society. ninth edition

Kenneth C. Laudon
Carol Guercio Traver

Copyright © 2013 Pearson Education

Chapter 1
Introduction to E-Commerce

Copyright © 2013 Pearson Education

Outline
1.

eCommerce : The Revolution Is Just Beginning

2. eCommerce : A Brief History
3. Understanding eCommerce : Organizing
Themes

Learning objectives







Define the e-commerce and describe how its differ from ebusiness
Identify uniqueness features of e-commerce technology Recognize and describe Web 2.0 applicartions
Describe the major types of e-commerce
Understanding the evolution of ecommerce
Major theme of ecommerce

Class Discussion

FACEBOOK: THE NEW FACE OF E-COMMERCE???

Copyright © 2013 Pearson Education

Slide 1-5

Class Discussion

 Do you use Facebook?How often? What

has the experience been like?
 Have you purchase anything based on adv on fb or by using a link provided by a friend?
 Are you concerned about the privacy of the information you have posted on fb?
Copyright © 2013 Pearson Education

Slide 1-6

Class Discussion

Pinterest: Attracts Global Interest
Have you used Pinterest or any other content curation sites? What are your main interests?
 Have you purchased anything based on a pin or board on Pinterest or any other curation site?  Why do Pinterest links drive more purchasing than Facebook links?


Copyright © 2013 Pearson Education

Slide 1-7

First thing first


Welcome to the new world of electronic commerce (eCommerce or EC)
The industry of the twenty-first century
Do business electronically from virtually anywhere in the world that has a computer.



In 2011 alone, US eCommerce generated well over $310 billion in retail business and over $3.36 trillion business-to-business traffic.



The Internet - an international network of independent computer systems precipitated the revolution.





Security
Privacy
Other problems
Has permeated virtually every phrase of society

Copyright © 2013 Pearson

You May Also Find These Documents Helpful

  • Powerful Essays

    The history of ecommerce can be traced back to the invention of the very old notion of “sell and buy” computers, electricity, cables, modems as well as the internet. The first e-commerce transactions was started in March, 4, 1983 by Alex Randall, (YouTube, 2008) but people started using ecommerce in 1991, when the internet was opened for commercial use and since then, there have been thousands of businesses which put up their businesses at web sites. The term ecommerce was used before to refer to the process of executing commercial transactions electronically thus with the assistance of the leading technologies such as Electronic Funds Transfer (EFT) and Electronic Data Interchange (EDI), through their help, they gave users opportunities to exchange business information as well as ability to do business transaction electronically. These technologies have been used even before, in the 1970s, these technologies’ ability was used by business companies as well as organizations to send electronically the commercial documentation.…

    • 1567 Words
    • 4 Pages
    Powerful Essays
  • Best Essays

    Is535 Final Course Project

    • 3651 Words
    • 15 Pages

    The first key to starting a successful online business is to first understand ecommerce and how it operates. Most people understand that ecommerce or electronic commerce refers to the buying and selling of products or services over electronic systems such as the Internet and other computer networks. However, it stretches beyond just the buying and selling of goods; it also includes an online process of developing, marketing, selling, delivering, servicing and paying for products and services. “The use of commerce is conducted in this way, spurring and drawing on innovations in electronic funds transfer, supply chain management, internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web at least at one point in the transaction 's life-cycle, although it may encompass a wider range of technologies such as e-mail, mobile devices and telephones as well”. (Electronic Commerce, modified November 2011, Wikipedia). Today it is said to be over 29.7 billion pages on the World Wide Web. Ecommerce today has gained so much popularity because its core technologies are constantly evolving and keeping up with a technology based world. Each year the number of ecommerce deals grows tremendously. The sales volumes of on-line stores run in a more than comparable race with physical retail stores.…

    • 3651 Words
    • 15 Pages
    Best Essays
  • Good Essays

    E-Commerce - Week 7

    • 637 Words
    • 3 Pages

    As the owner of an online surfing gear business, you periodically study the customer paths on your site. This week you've noticed a high percentage of customers abandoning their orders at checkout. Outline the possible reasons as well as how you would correct the problem.…

    • 637 Words
    • 3 Pages
    Good Essays
  • Good Essays

    In 1884, a French chemist Henry-Louis Le Chatelier, “proposed one the central concepts of chemical equilibria.1” Henry was best known for his principle, properly name Le Chatelier’s principle. The principle allows one to “predict the change of conditions will have on a chemical reaction.3” His finding of this principle came from his early work in the experimental study of thermodynamics.3 Le Chatelier’s principle states what will happen to a system if a condition such as concentration, temperature, or pressure moves the system away from equilibrium.2…

    • 634 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Salvatore (2013) defines electronic commerce or e-commerce stating, “E-commerce refers to the production, advertising, sale, and distribution of products and services from business to business and from business to consumer through the internet” (p. 150). These activities can take place in many environments between businesses and consumers. E-commerce has changed the way goods and services are exchanged and have given light to businesses and consumers to exist on a global scale without an established brand. With e-commerce defined, let us look at its origin.…

    • 2336 Words
    • 7 Pages
    Best Essays
  • Powerful Essays

    Ecommerce Final Paper

    • 2532 Words
    • 11 Pages

    Ecommerce or E-business has become a remarkable tool for marketing and selling goods and services over the World Wide Web and Internet. Merchants use the technology of ecommerce to perform business-to-business (B2B), business-to-customer (B2C), consumer-to-consumer (C2C), peer-to-peer (P2P) and m-commerce transactions, which digitally exchanges information between two parties. The Internet has become the most used electronic interface application in the World Wide Web. E-commerce technology permits commercial transaction to cross-cultural, regional, and national boundaries far more conveniently and cost-effectively… (Laudon & Tarver, 2013, p.16), this presents a huge advantage for companies who aspire to do business on a global platform. The World Wide Web allows a company to reach out to over 3 billion possible customers worldwide. However, there are some companies out there that may be able to increase their market share by implementing some or all of the business strategies we will discuss in this paper. I will attempt to provide examples of how, Mr. Friendly’s a mobile catering and food truck enterprise can implement the use of the Internet and World Wide Web to enhance and reinvent their business operations while establishing the company’s overall vision and strategy.…

    • 2532 Words
    • 11 Pages
    Powerful Essays
  • Better Essays

    Wikipedia defines domain tasting as the practice of a domain name registrant using the five-day "grace period" (the Add Grace Period or AGP) at the beginning of the registration of an ICANN-regulated second-level domain to test the marketability of the domain. During this period, a cost-benefit analysis is conducted by the registrant on the viability of deriving income from advertisements placed on the domain's website. Furthermore, users that registered the web site would monitor the sites traffic, click-through activity, and keep the web sites that were popular. People were also returning sites under the grace period which was known as “Add Grace Period” (AGP) that were even popular and just reregistering to avoid paying the cost of registering a domain(ICANN, 2009).…

    • 2375 Words
    • 10 Pages
    Better Essays
  • Good Essays

    Banner ads are small rectangular advertisements that when clicked upon will take you to the advertiser’s Web site. They vary in appearances and generally advertisers will try to be creative. Banner ads allow business to not only inform the viewer, but also to create interest. Oxfam decided against using banner ads in their advertising campaign for their relief work in Sedan for Ugandan refugees. They relied solely on email advertising; which ended up generating high revenue. Although this method was effective, I think they also could have done banner ads as well. Oxfam could have had showed pictures of the refugees as long with an enticing message to gather awareness for their cause. Although this might not generate as much revenue as the email advertising, it is good to be able to create awareness.…

    • 668 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Chapter 7 E commerce

    • 758 Words
    • 3 Pages

    QUESTION 1. Write a paragraph to explain and distinguish between a virtual community and a social networking web site.…

    • 758 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    E-commerce is staggering nowadays; everyone is using e-commerce at their own leisure. The meaning of the term "electronic commerce" has changed over time. Originally, "electronic commerce" meant the facilitation of commercial transactions electronically, usually using technology like Electronic Data Interchange to send commercial documents like purchase orders or invoices electronically. Later it came to include activities more precisely termed "Web commerce" -- the purchase of goods and services over the World Wide Web via secure servers (note HTTPS, a special server protocol which encrypts confidential ordering data for customer protection) with e-shopping carts and with electronic pay services, like credit card payment authorizations. This means that all the contracts that were traditionally paper written are being drafted and stored electronically. Electronic signatures and agreements are becoming commonplace nowadays.…

    • 441 Words
    • 2 Pages
    Good Essays
  • Good Essays

    1. Because the Internet connects computers all over the world, any business that engages in e-Commerce instantly becomes an international business. The key issues that any company faces when it conducts international commerce include trust, culture, language, government, and infrastructure. Explain how you would address each of these issues.…

    • 1477 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    The 4th of July is the most American of all holidays and is universally enjoyed by everyone. Cookouts, pool parties, fireworks & camp-outs. There is fun for all ages! Unfortunately, year over year, statistically the 4th of July is also the deadliest of all holidays. Last year over 400 Americans lost their lives in vehicle crashes on the 4th of July. Over 40% of those crashes were attributed to drinking and driving.…

    • 202 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Yes but if you don’t have the required programs your experience is not that great…

    • 548 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Electronic Commerce

    • 1137 Words
    • 4 Pages

    Analyze the role of EC in the modern business and social environments. Identify three international barriers to EC and evaluate their roles in the success of EC. This assignment tests your analytical and critical thinking skills and your ability to synthesize concepts around topics. The paper should be in APA format, 2-3 pages (not including reference page), with at least two references.…

    • 1137 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Oxidative addition reactions usually involve a coordinatively unsaturated 16-electron metal complex or five-coordinate 18-electron species, and take the general from:…

    • 1758 Words
    • 8 Pages
    Powerful Essays

Related Topics