...The History of E-commerce - HowStuffWorks money.howstuffworks.com/history-e-commerce.htm * * he History of E-commerce by Dave Roos The purchasing process of the man has changed , he used to visit the store and slelct the product that he wanted to buy. He was helped by the salws assistant or a news paper advertisement , but the thing has chmged a lot. Mosern cuistomer has tha ability to purches his ware without stepping out of hisss house. E –commerce meands thwe process of selling and buy of goods and services over internet, According to certain statictics mopre than 66% of the adul populatuin have –purchsed at least ond product by employing this technology. The data of the 2008 has shown that there was 17% of online sales whichwas responsible fro $204 billion and the popular products were clothing , cars and personal compiters. This isnjust the start of the phenomena and e commerce is growing. It is the perfect time to get an idea of the history of this concept How E-commerce Started It has a short history but it is a very interesting one. In order to facilitate the e commerce tthre s hould be good interrelated connection between the customer and the merchant. The development of the computer and the networks have offered a great help top the business The first transactions were helped by computers in 1960/ They have used asystem calles electronic Data Exchange to conduct the business. The computers of a particular comoanynwasa ble to share business...
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...e com 1. Explain the evolution of ecommerce 2. Explain the key characteristics of the first two waves of electronic commerce. 3. Discuss the advantages and disadvantages of ecommerce. 4. Describe various applications of ecommerce 5. What are the various categories of ecommerce? 6. What are transaction costs and why are they important? 7. Explain strategic business unit value chains with example. 8. What are industry value chains? Explain with an example. 9. How might mangers use SWOT analysis to identify new applications for ecommerce in their strategic units? 10. What are the key issues a company faces when it conducts international commerce? 11. What is EDI? How does EDI work 12. What are the 6 main approaches to generate revenue on the web? 13. Describe revenue models in transitions by 5 different companies 14. Discuss some of the issues that arise when companies implement revenue models 15. How can a company create an effective web presence 16. What are web marketing strategies 17. Write a short note on advertising on the web 18. Explain the funnel model of customer acquisition, conversion, and retention 19. Explain 5 stage model of customer loyalty and life cycle segmentation 20. Write short note on marketing segmentation 21. Explain supply chain management using internet technologies 22. Explain various Auction types in ecommerce. 23. Write a short note on Digital certificates...
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...Mission 3 1.3 Keys to Success 3 Company Summary 3 2.1 Company Ownership 4 2.2 Start-up Summary 4 Products and Services 5 Market Analysis Summary 6 4.1 Market Segmentation 7 4.2 Target Market Segment Strategy 7 4.3 Service Business Analysis 7 4.3.1 Competition and Buying Patterns 7 Competitive Edge 8 Appendix 10 Executive Summary ExoticCaribbeanPastries.com is an online business with physical kitchens located in at least three continents. We can be described as a provider of authentic, customizable Caribbean inspired pastries. Our main selling point will be embracing and maintaining the authenticity of our pastries. Taking advantage of the vast reach of the internet, we will use social media to market our products to the niche market of expatriate West Indians. This plan outlines the philosophy of the company. ExoticCaribbeanPastries.com hopes to attract more than a dozen owner/employees. 1.1 Objectives 1. To make ExoticCaribbeanPastries,com the go to online location for exotic pastries. 2. To develop a fully functional, integrated, easy to navigate, social media savvy ecommerce site for Caribbean pastries. 3. To focus on the niche market of Caribbean expatriates on a global scale. 1.2 Mission ExoticCaribbeanPastries.com’s mission is to provide authentic Caribbean Pastries using the internet and ecommerce to lower the cost of production and subsequently the cost of goods to the customer. By providing authentic pastries, we will...
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...Index Contents Introduction 2 Types of shops 2 History 2 Example of Ecommerce 2 Processes 3 Advantages 3 Disadvantages 3 Effects 4 Legal and ethical implications 4 Social implications 5 Economic considerations 5 Solutions 5 Conclusion 5 Bibliography 6 Internet as a threat to the high street Introduction Ever since its creation, the internet has developed drastically. One of its focal areas is internet shopping, which is vastly becoming more popular during the last few years, which led to the factor of increasing consumerism to a point almost beyond recognition. For those who have access to the internet, they are granted the privilege of a vast choice of not only physical but also digital products which have always been subject to availability in the high street. Types of shops Nowadays retail establishments can be fragmented into three classifications. Those constructed solely in physical retail shops, those assembled around the concept of both physical shops and online shopping, and also Ecommerce which is exclusively online shopping. History Before anyone was able to obtaining goods online there were only limited ways where people were able to purchase products. One of the methods was to go to the high street and inside the stores. Alternatively products were acquired by teleshopping, where you would call a number, usually advertised on TV, and give your credit card details. Nonetheless giving credit card details over the phone is very unsecure...
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...improved. Recommendations for those improvements will be made in this paper. There are three business problems that Club IT can improve. The first of these is that Club IT needs a website set up to sell tickets to the special Friday and Saturday night concerts. The second is that Club IT needs to streamline their ordering process. The last business problem that was identified is that they need to take advantage of various e-commerce activities. After evaluating Club IT some facts are know. Most of Club IT’s patrons are net generation or millennials. “The millennial generation, also known as Generation Y and the Net Generation, consists of 80 million people in the United States between ages 8 and 29. They have been exposed to more technological advances than any previous generation. Most do not remember life without pagers, cell phones, computers or personal electronic entertainment” (Tyler, 2008, para. 4). Club IT has several business resources. According to (2010), “Strategy is the direction and scope of an organization over the long-term: which achieves advantage for the organization through its configuration of resources within a challenging environment, to meet the needs of markets and to fulfill stakeholder expectations" (Strategy - resources of a business, para. 1). Some of the business resources that Club IT has are human resources, financial resources, physical resources, and intangible resources. “A supply chain refers to the flow of materials, information...
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...Ecommerce Team Project: This class provides the theoretical foundations necessary for understanding Ecommerce, how it is being conducted and managed, and what the major opportunities, limitations, issues and risks are in terms of assessing opportunities in the marketplace and managing everyday commerce. In order for the marketing student to grasp the complexities of these issues in the real business world, each student will be assigned to a special project group that will design and create an integrated Ecommerce business plan for a newly developed online company. Each team will be assigned a specific type of online business model. Project Concept: Each special project group will function as a marketing design team that will meet on several occasions to determine project requirements. Each group will be responsible for creating the appropriate Ecommerce business model, as part of the integrated Ecommerce marketing plan. Strategic market planning is a process directed towards making decisions with tomorrow in mind. As such, strategic market planning is a means of preparing for future decisions so that a firm can rapidly and economically, start and move forward with as little disruption to the business as possible. Proper strategic market planning can provide considerable benefits to start up firms, especially those firms requiring substantial financial backing or are involved in highly turbulent or changing environments online. Proper strategic market planning can act as a...
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...growth, many analysts have one eye on the future and they are saying, "We've got a long way to go." A quick glimpse at the data promises much more evolution in the years to come. Forrester Research, for example, predicted American firms alone would sell US$316 billion in goods and services via the Web by 2010. That figure would more than double 2004's online spending to account for some 12 percent of all retail sales, up from about 7 percent today. History of E-Commerce One of the most popular activities on the Web is shopping. It has much allure in it — you can shop at your leisure, anytime, and in your pajamas. Literally anyone can have their pages built to display their specific goods and services. History of ecommerce dates back to the invention of the very old notion of "sell and buy", electricity, cables, computers,...
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...Kudler eCommerce Solution BSA/310 November 26, 2012 Joseph Rezendes Kudler eCommerce Solution What can keep customers coming would be a Frequent Shoppers Program. This type of program can be easy for customers to use. This type of system can offer discounts, club specials, and free items if they shop at Kudler Fine Foods more times than any other shopper programs. When developing the Frequent Shopper Program there are many things that will go into this. One would be the legal and ethical way to do ???? and the other would be the consideration of security problems that can occur. In order to use ecommerce system the Company needs one server to be .NET framework, one server to be SQL server 2005/2008, the company has to be Windows 2008 with R1 or R2. Ecommerce system is built on Microsoft stack, and to ensure the security on the system the webserver would be on DMZ and the database would be on the trust network. When developing this program customers want to see how Kudler Fine Foods promote their products and how they will cater to those ones that uses and buy the most products from their web sites. [Interesting observation which needs to include encryption.] One way to use this would be in stores and on line. Just think if they order and use the Frequent Shoppers Program they will most likely return to the store to either return items and then buy something else or look on line and then buy at the store. What the customer spends with...
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...COURSE PROJECT: E-COMMERCE PROJECT PROPOSAL & MILESTONE 1 and 2 TOPIC This proposal discusses the use of e Commerce- buying and selling goods and services online – is one of the biggest uses of the World Wide Web. Starting an e Commerce business or website or expanding an existing business with an e Commerce website can be highly profitable, as the overhead costs of running a web site are very small compared to running a physical shop and have access to a global market. Small businesses that are considered appropriate become options. Tips and Strategies for attracting and keeping customer are also presented. While the paper focused on implement many technologies options available and strategies help companies to success in using e Commerce. There are all sorts of features and tools businesses owner can include in an e Commerce website design which will make the shopping experience quicker, easier, and more enjoyable for customers - and ultimately drive sales. This paper will analyze the difficulty of company and suggest solution can guide will give an overview of the different kinds of e Commerce web site and some of the features that can be included to help drive your sales. There’s also a guide to finding and choosing the right company to help set up own e Commerce web site and start trading online that most business owners should consider. POTENTIAL PROBLEMS & SOLUTIONS Problem When starting an online business selling products or services there are some...
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...simplest form ecommerce is the buying and selling of products and services by businesses and consumers over the Internet. People use the term "ecommerce" to describe encrypted payments on the Internet. Sometimes these transactions include the real-time transfer of funds from buyer to seller and sometimes this is handled manually through an eft-pos terminal once a secure order is received by the merchant. Internet sales are increasing rapidly as consumers take advantage of lower prices offer by wholesalers retailing their products. This trend is set to strengthen as web sites address consumer security and privacy concerns. There is several ways of looking at e-commerce • Communication perspective • From a business perspective • Interface perspective • From online perspective • Structural perspective • Market perspective Beginning & Future of eCommerce eCommerce basically began (although debated) in 1994 when Jeff Bezos started Amazon.com out of his own garage. Well known eCommerce stores include sites like eBay, Dell, Walmart and many more. Since 1994, businesses of all shapes and sizes have began launching or expanding their Online presence. At any given time, there are approximately 8 million consumers worldwide that actively shop and buy through Web based stores or retailers (nearly one tenth of our world population). Online studies have claimed that online retail revenues will surpass the quarter-trillion-dollar mark by 2011. eCommerce Site Features ...
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...International Journal of u- and e- Service, Science and Technology Vol.6, No.6 (2013), pp.187-194 http://dx.doi.org/10.14257/ijunesst.2013.6.6.17 E-Commerce or Internet Marketing: A Business Review from Indian Context D. K. Gangeshwer Department of Mathematics, Bhilai Institute of Technology (BIT), Durg, (C.G), INDIA dgangeshwar@yahoo.co.in Abstract This paper deals the conceptual knowledge of search engine marketing (SEM) or ecommerce, literature review, current and future aspects of e-commerce in Indian context. This paper discussed about the top motivator factors of shopping online. The present development would be a valuable addition to researcher and academicians; and useful theory for practitioners, advertisers, and entrepreneurs. Keywords: SEM, Online Marketing or E-commerce, Pay-per-click (PPC) 1. Introduction Khan and Mahapatra (2009) remarked that technology plays a vital role in improving the quality of services provided by the business units. One of the technologies which really brought information revolution in the society is Internet Technology and is rightly regarded as the third wave of revolution after agricultural and industrial revolution. The cutting edge for business today is e-Commerce. The effects of e-commerce are already appearing in all areas of business, from customer service to new product design. It facilitates new types of information based business processes for reaching and interacting with customers like online advertising...
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...Barker cabinets’ manufactures and sells a wide range of custom built and well-designed ready to assemble kitchen cabinets at an affordable price. They create their products using only the finest quality of lumber and American made components. The ready to assemble cabinets are designed around a price that allows them to maintain innovation, quality style and functionality for the end user. Their product offering comprises of base cabinets, wall cabinets, pantry cabinets and cabinet millwork finishing. They also offer additional services through a variety of wood types and forms of finishing. Furthermore, Barker Cabinets’ makes it easy for the client to assemble their custom cabinets. Their state of the art website provides online cabinet layout tutorials to demonstrate how simple and easy it is to install their cabinets without the help of a third-party. Additionally, their website allows the client to compile all their cabinet choices, with the various wood types, sizes and finishes before placing an order. It provides the client with a direct price, without having to wait for quotations by the pushy salespeople. The geographic focus for this project is based within Quebec, Canada. Barker Cabinets’ will set up a retail outlet based in Montreal, Quebec and will serve the remaining resident within Quebec through their online website. It is the first region where Barker Cabinets’ will test out their products in the Canadian market. Quebec and Montreal are the nation’s second...
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...“ecosystem”. Walmart believes that “tethering” is the key to make this system work. From tether hiring and back- office functions, to tether inventory distribution systems, and even online orders, for greater efficiency and quick response to demand. In other words, instead of having one huge store with endless goods, Walmart will offer three kinds of stores with most of those goods, at the time and place customers need them. Walmart’s current strategy includes more emphasis on smaller-format stores and more e-commerce. (Cheng, 2012). Competitive Advantage Walmart enjoys several of competitive advantages that are the source of the company’s market dominance. However, Walmart’s primary competitive advantage is low costs. Low cost culture and leadership initiated by the company’s founder, Sam Walton, and continuously reinforce by WalMart’s current management, are closely tied to the company strategy and securing its competitive advantage. Walmart focuses on developing and maintaining cost structure that allows it to offer low pricing to customers. The company inventory management is in the core of its strategy, and the way Walmart manages its inventory significantly reduces costs and...
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...Manufacturing, and Marketing. Finance deals mainly with the Financial Community, Stockholders and Owners and firm’s Customer. Human Resources has special interest in the Global Community and Labor Unions. Information Services interfaces with hardware and software Suppliers. Manufacturing is responsible for dealing with the firm’s Suppliers, and Labor Unions. Marketing is primarily responsible for interfacing with the firm’s Customers and Competitors. All of the areas interface with the Government. Anticipated Benefits from Ecommerce – Positive, Improvements, Advantage. 1. Improved customer service 2. Improved relationships with suppliers and the financial community 3. Increased return on stockholder and owner investments Ecommerce Constraints – Limitations or Disadvantage. * High cost * Security concerns * Immature or unavailable software The Pathway to Ecommerce – the planning stage for implementing the system to ecommerce. Business Intelligence – background about the business – anyone in the organization must know everything about the business. Or in the other hand [BI] defined broadly to include information on all environmental elements. Basic Intelligence Task Collect Data – is the firm may acquire either Primary data [P] or Secondary data [S]. [P] – is gathered by the firms from the surveys. Ex. The firm’s marketing researchers conduct costumer surveys. [S] – is gathered by someone else and made available to the firm. Evaluate Data – all...
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...equipment and apparel to men and women who exercise and pursue outdoor activities on a regular basis. They operate five (5) upscale retail stores in the New England market that offer a high level of customer attention, with a headquarters (HQ) is in Burlington, Massachusetts, and a single warehouse, distribution, and eCommerce fulfillment center in Haverhill, Massachusetts. Most of their products are purchased from two suppliers, Winter Gear Distributers outside of Providence, Rhode Island, and Boston Fitness Supplies in Marlboro, Massachusetts. FastFit has expanded successfully in the New England area over the past five years. However to expand nationally as a major retailer, they need to improve the scalability of their operations (stores and warehouses). A key part of their strategy is to leverage information systems to automate and improve operations, to strengthen management controls, and to enable significant growth while maintaining the “high touch” customer experience. A diagram of their complete non-Web based operations follows. See figure 1. NB: The following questions are due later in the semester Web/E-Commerce Questions (assume customers order on the Web) 1. a) Assuming that Fastfit goes ahead with its plans to have an e-commerce site, identify two physical locations, from where customers can enter their orders to the ecommerce site b) For each of the locations that you mentioned, identify the technologies (cover the areas of software, hardware...
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