E-marketplace, E-mall, E-tailing
Introduction:
There are various electronic commerce activities and mechanisms.
E-Commerce Activities and Mechanisms include the following but not limited to:
E-Market Place: It is an online market usually B2B where buyers and sellers exchange goods or services. EC transactions take place in the electronic equivalent of a mall called the electronic marketplace (e-marketplace). Electronic marketplaces utilize different tools (electronic shopping cart, e-catalog, fulfillment technologies, and checkout and payment mechanisms) to provide the equivalent brick and mortar shopping tools.
Types of Electronic Market Places:
1. Electronic Storefronts: A single companys website where products and services are sold.
Example: Walmart
2. Electronic Malls: An Online Shopping Center where many online stores are located.
3. Market Place: An Online market, usually B2B where buyers and sellers negotiate.
Electronic retailing is a form of electronic commerce.
E-Retailing --- This type of e-commerce refers to the act of using internet by retailers to perform business activities. It covers retailing using a wide variety of technologies or media.
E-Tailing -- Selling of retail goods over internet. E-Tailing is short form of E-Retailing. E-tailing can be used as a synonym with business-to-consumer transaction. To keep it short, Online retailing can be referred to as E-Tailing.
E-tailing has resulted in the development of e-tailware--software tools for creating catalogs and managing the business connected with doing e-tailing.
A new trend is the price comparison site that can quickly compare prices from a number of different e-tailers and link you to them.
Example: Bestbuy site provides a customer to select a product upto 3 or more varieties and compare them.
Examples of e-tailing are Dell, Walmart, Amazon.
Comparison: Following are some of the key differences between e-marketplaces, e-malls, e-tailing and physical marketplaces,
There are various electronic commerce activities and mechanisms.
E-Commerce Activities and Mechanisms include the following but not limited to:
E-Market Place: It is an online market usually B2B where buyers and sellers exchange goods or services. EC transactions take place in the electronic equivalent of a mall called the electronic marketplace (e-marketplace). Electronic marketplaces utilize different tools (electronic shopping cart, e-catalog, fulfillment technologies, and checkout and payment mechanisms) to provide the equivalent brick and mortar shopping tools.
Types of Electronic Market Places:
1. Electronic Storefronts: A single companys website where products and services are sold.
Example: Walmart
2. Electronic Malls: An Online Shopping Center where many online stores are located.
3. Market Place: An Online market, usually B2B where buyers and sellers negotiate.
Electronic retailing is a form of electronic commerce.
E-Retailing --- This type of e-commerce refers to the act of using internet by retailers to perform business activities. It covers retailing using a wide variety of technologies or media.
E-Tailing -- Selling of retail goods over internet. E-Tailing is short form of E-Retailing. E-tailing can be used as a synonym with business-to-consumer transaction. To keep it short, Online retailing can be referred to as E-Tailing.
E-tailing has resulted in the development of e-tailware--software tools for creating catalogs and managing the business connected with doing e-tailing.
A new trend is the price comparison site that can quickly compare prices from a number of different e-tailers and link you to them.
Example: Bestbuy site provides a customer to select a product upto 3 or more varieties and compare them.
Examples of e-tailing are Dell, Walmart, Amazon.
Comparison: Following are some of the key differences between e-marketplaces, e-malls, e-tailing and physical marketplaces,
References: Turban, E., King, D., Lee, J., Liang, T. & Turban, D. (2012). Electronic Commerce: Managerial and social networks perspectives. Upper Saddle River, NJ: Prentice Hall. Miller, E. (2000). Survival Tools for an E-Commerce World. Computer-Aided Engineering, 19(6), 52. PR, N. (2013, December 5). Easy Techniques Fuel E-commerce Merchandising. PR Newswire US. (n.d.). Retrieved from https://blog.compete.com/2013/12/04/best-ecommerce-tools/ (n.d.). Retrieved from https://www.yourdesignonline.com/4-tools-building-successful-ecommerce-site/