...University of Phoenix Material Hospitality Information Systems: Third Party Reservation Options • Four Levels of E-Commerce Matrix The hospitality industry depends very heavily on e-commerce transactions. These e-business transactions occur at four levels of interaction. In the matrix below, first provide a description of each e-commerce level. Then, provide examples of each of the e-commerce transactions. Finally, provide third party hotel reservation Web site transaction examples for each of the four e-business levels. Note each of these details within the Matrix below. Four Levels of E-Commerce Matrix | |Description of E-Commerce Level |Examples of E-Commerce Transactions |Third party Hotel Reservation Web Site | | | | |Transaction Examples | |(B-B) |Transactions involving business to |Online brokers of travel and lodging |Orbitz, Expedia, CheapFares.com, Hotels.com| |Business to |business entities (Tesone, 2006) |arrangements (“clicks ‘n bricks”) | | |Business | | | | |(B-C) | | ...
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...E-commerce In its 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...
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...State of e-Commerce in India A Research report by for September 2012 Honarable Minister Milinid De- r State of Ecommerce in India - Sept 2012 and e-Commerce are being conceptualized and run today. Social Media is gaining dominance in our and the citizens. We observe that most companies have a social media strategy in place and Cloud based The roll out of 3G and 4G broadband services, the National Broadband Plan and much expected opening of the Retail Sector will certainly usher new business opportunities for e-Commerce in the country. I am happy to note that most of the leading e-Commerce companies are participating in the 2nd ASSOCHAM Conference on e-Commerce to deliberate upon the emerging opportunities in e-Commerce in the country. I thank the ComScore Team for this report and convey my good wishes for the success of this Conference. D. S. Rawat, Secretary General State of Ecommerce in India - Sept 2012 comScore Message India is among the fastest growing online market and has registered a 41% growth in the last 12 months. Internet usage has reached almost 10% penetration in India. With this trend, e-Commerce has shown a very exciting growth trend among travel and retail sites. We expect a similar or even better growth in the coming years as more users come online through easier internet access and wider mobile internet penetration. comScore in India is the preferred partner for audience measurement for publishers, agencies and anyone who...
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...Comparison of eBay.com and Alibaba.com Thomas Liquori o h T a m i L s o u q . i r e m Digitally signed by Thomas Liquori DN: cn=Thomas Liquori, email=thomasliquori@a ol.com, o=thomasliquori.me, l=New York, NY Date: 2010.09.05 16:57:16 -04'00' 12/16/2009 Professor Reddi: BUS451 By: Thomas Liquori, Danauda Benjamin, and Anca Barbu EBay.com Introduction ................................................................................................................................. 3 EBay.com Products and Services .................................................................................................................. 5 TABLE OF CONTENTS Comparison of eBay.com and Alibaba.com Ebay.com Financial analysis .......................................................................................................................... 6 Ebay.com Last Three Year Financial Graphs ................................................................................................. 7 EBay.com TOWS Matrix Analysis .................................................................................................................. 9 EBAY.com TOWS Matrix Graph ................................................................................................................... 13 Competitive Forces for ebay.com ............................................................................................................... 14 EBay.com Industry Rivalry...
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...been seen that there has been impact of e-commerce both on retailer and consumer. Consumer now prefers shopping via e-commerce, earlier they used to shop at traditional shops now they prefer e-commerce. 5.1.2 E-commerce has made human life easy- Human life has become easy as large variety is available on e-commerce and it provides 24*7 services, Cash on delivery, internet banking and many more attractions that makes human to prefer e-commerce for comfort and ease. 5.1.3 Youth has been impacted the most- Today’s generation is after ease and comfort, teenagers and youth of our country depend on e-commerce when it comes to shopping they prefer it in form of e-commerce. 5.1.4 E-commerce has reached...
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...Activity Generic e-business sell-side strategies For each of the six generic sell-side strategies, identify a good example of a company that has successfully adopted that strategy and identify examples of each strategy that have failed. Generic e-business sell-side strategies Chaffey (2009) Chapter 5, Activity 5.3 lists six generic strategies, originally coined by IDC Research. 1) Attack e-tailing. As Chaffey describes this is an aggressive competitive approach that involves frequent comparison with competitors’ prices and then matching or bettering them. The more people use price comparison sites such as ShopSmart (www.shopsmart.com) the more is it important that companies ensure their price positioning is favourable. Good examples include shopping sites such as Buy.com (www.buy.com) and Evenbetter.com (www.evenbetter.com). In those stores people can now find the prices of all comparable items in a category but also guarantee that they will beat the lowest price of any competing product. These sites have implemented real- time adjustments in prices with small increments based on price policy algorithms that are simply not possible in traditional retailing. An other example might be Lowestfare.com which is a leading provider of discount travel products and services for the leisure travel market or Sunelec.com has the lowest prices in the industry Solar & Wind Energy Distributors, Dealers, & Wholesalers. 2) Defend e-tailing This is a strategic approach...
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...E-commerce in particular, generally defined as the buying and selling of goods and services online, has attracted millions of dollars from local and international investors eager to tap into the potential of the Egyptian market, which, with its 31 million internet users, has the largest population of internet users in the MENA region. "We believe that e-commerce is a particularly attractive segment of the technology market with very strong growth potential,” says Tarek Assaad, managing partner at Ideavelopers, an Egyptian venture capital fund investing in early-stage technology companies. In 2011 Ideavelopers invested $10 million in nefsak.com, an e-commerce website selling a wide range of goods from a variety of brands. Launched in late 2008, Nefsak was the first website of its kind in Egypt that gained traction. “People thought we were crazy,” recalls founder Sherif Nassar. The gamble seems to have paid-off, as Nefsak is now one of a trio of large multi-category online stores in Egypt, along with souq.com and jumia.com. Souq’s Egypt site was established by Dubai-based Jabbar Internet Group in early 2011, and is now the only such website to figure among the top forty visited in Egypt, according to web analytics site alexa.com. Egypt’s jumia.com, launched in July of last year, was created by Rocket Internet - a German company that specialises in launching online retail sites in the style of Amazon at lightning speed in countries worldwide. Jumia, which was launched...
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...Alibaba.com and DHGate.com After comparing Alibaba.com and DHGate.com, our group found out that these two websites share some similarities as well as have some distinctive differences. [Similarities] Both Alibaba.com and DHGate.com are B2B e-commerce websites, which provide a third party e-commerce transaction platform for sellers to source business opportunities and make deals. Both sites target small and medium enterprises as their customers, aiming to help them sell their products or buy products from other enterprises far way more easily. In order to create a platform that benefits small and medium enterprises, both sites provide free services such as posting information about the product, providing information about the supply and demand of a specific market, and supporting those enterprises to make product display. [Differences] (1) Value propositions are different. Alibaba.com focuses on publishing deal information online and transactions are mainly made off-line. In other words, a small or medium enterprise publishes information about its products and its contact information on Alibaba.com and when other enterprises are interested in its products, they will contact this company and make transactions off-line on their own. In comparison, DHGate.com provides a platform for small online-transactions, which means that buyers and sellers can contract each other online and make payment directly online. (2) The products and the suppliers differ significantly. The products traded...
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...E-Commerce and E-Business E-Commerce (EC): Electronic commerce encompasses the entire online process of developing, marketing, selling, delivering, servicing, and paying for products and services transacted on internetworked, global marketplaces of customers, with the support of a worldwide network of business partners. Electronic Commerce can be defined in several ways: 1. From a communication perspective, e-commerce is the ability to deliver products, services, information, or payments via networks such as the Internet and the World Wide Web. 2. From an interface perspective, e-commerce involves various information and transaction exchanges: business-to-business, business-to-consumer, consumer-to-consumer. 3. From a business perspective, e-commerce includes activities that directly support commerce electronically by means of networked connections. 4. From an online perspective, e-commerce is an electronic environment that makes it possible to buy and sell products, services, and information on the Internet. 5. From a structural perspective, e-commerce involves various media: data, text, web pages, Internet telephony, and internet desktop video. 6. As a market, e-commerce is a worldwide network. A local store can open a Web storefront and find the world at its doorstep-customers, suppliers, competitors, and payment services. E-business: Connecting critical business systems and constituencies directly via the Internet, Extranets, and Intranets. It goes...
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...Prepared By Mohsin rubel Instructor Prof. Emilia Butu ISM 510 Stratford University Falls Church Campus 06/27/2014 E-commerce is the use of internet and the web to make business transactions. Millions of people make purchases on the web, so what makes e-commerce so special? There are 8 unique features of e-commerce that make it so successful. The first thing that makes e-commerce so great is Ubiquity; it is available everywhere at anytime. Online the stores never close. Online shopping has hurt traditional businesses in some ways and helped it in other ways. A positive thing is clicks-and-bricks; you can order online and pick it up at the store. E-commerce has forced business to get online or loss business. One of the negatives is that e-commerce takes away business from traditional businesses. It hurts small "mom and pop" shops as well as big business. Office supply companies like Staples and OfficeMax send out coupons offering $10 off $50 if you buy in-store instead of online so they can reduce in store stock and increase sales. Many companies have a sales quota to make for each store and if they don't they will have to close that store. Global Reach is a great feature of e-commerce. It takes the marketplace to marketspace. You can go "shopping" all around the world in one place. This has given businesses a chance to reach other markets and to billions of potential customers. I think that traditional businesses traditionally advertised on the radio...
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...HNC Business Management Assignment 1 Introduction Ebay Task 1 Assessment criteria: 1.1 a) Distinguish between the terms E-Business and E-Commerce E -business and e-commerce are terms that are sometimes used interchangeably, and sometimes they're used to differentiate one vendor's product from another. But the terms are different, and that difference matters to today's companies. E-business “firm which, in contrast to an electronic commerce firm, conducts its day-to-day business functions over the internet and/or other electronic networks such as electronic data interchange (EDI). Electronic business includes collaborating with distributors on sales promotions, interacting with and servicing the customers, and conducting joint research with business partners.” E-Commerce (electronic commerce or EC) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the Internet. b) Define: the Internet, the worldwide web (www), Intranets and Extranets Internet - a global computer network providing a variety of information and communication facilities, consisting of interconnected networks using standardized communication protocols. World Wide Web - an information system on the Internet which allows documents to be connected to other documents by hypertext links, enabling the user to search for information by moving from one document to another. Intranets - a local or restricted communications network...
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...Identify e-business and e-commerce web applications to support the proposed implementation. First off e-commerce is one of the best things for business whether you have your whole business through the web or partly. If you have a physical store, you are limited by the area that you can sell your product or offer service. An ecommerce website opens your business to the world. In addition to these two drivers, online retail is also driven by traffic from search engines. One of the most important positives of ecommerce is the lowered cost. A part of these lowered costs could be passed on to customers in the form of discounted prices. Advertising and marketing is global and you get a better buying market. For personnel use the automation of checkout, billing, payments, inventory management, and other operational processes, lowers the number of employees required to run an ecommerce setup. Last but not least Real estate, the store does not need a prominent physical location. You can locate the Product Quicker, eliminate travel time and cost, provide comparison shopping, also cross reference deals, bargains, coupons, and group buying. If you do open a e-business vulnerabilities that need to be taken into account if you decide to create an e-commerce site is security internal and external. Hackers attempting to steal customer information or disrupt the site or server containing customer information that is stolen. Also Imposters can mirror your ecommerce site to steal customer's money...
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...Running head: COMPARISON BETWEEN TWO BUSINESSES Abstract Many companies sell goods or services on the Internet. Why? The Internet provides access to a large and growing market. Approximately 627 million people were shopping online Worldwide in 2005. By selling on the Internet, a neighborhood shop or home-based firm can reach a national or even international group of potential customers. When companies sell online, they are on a more playing with larger competitors. It also opens up the home-shopping market and gives consumers easier access to international markets. It is convenient for customers because they can order products wherever they are, and they don't have to deal with things like traffic, parking spaces and useless trips when items are out of stock. Consumers can also compare information about different or competing companies more easily because information, Companies can also stay in touch with their customers and suppliers by creating web pages and setting up internet addresses to receive e-mail from customers worldwide. Amazon is an American multinational which was founded by Jeff Bezos in 1994 and based In Seattle, its Main activity is online trades as books, DVDs, CDs, MP3 downloads, computer Software, video games, electronics, apparel, furniture, food, and toys. The company has sites For many countries (United States, Canada, United Kingdom, Germany, France, Italy, Spain, Japan, and China) and is planning to...
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...Jewellery 7 Profile of General Online Shoppers 8 Site Profile of Top 3 Online Shopping sites 10 1. Amazon UK - www.amazon.co.uk (ranked no. 8 in Alexa in UK) 10 2. Argos - www.argos.co.uk (ranked no. 41 in Alexa in UK) 17 3. Littlewoods - www.littlewoods.com (ranked no. 498 in Alexa in UK) 27 USA 32 Online Retailing Market Overview 32 Online Shopping for Jewellery 33 Profile of General Online Shoppers 33 Site Profile of Top 3 Online Shopping sites 35 1. Amazon US – www.amazon.com (ranked no. 5 in Alexa ) 35 2. WalMart - www.walmart.com (ranked no. 41 in Alexa) 39 3. KOHLS - http://www.kohls.com/ (ranked no. 207 in Alexa in UK) 44 Germany 48 Online Retailing Market Overview 48 Online Shopping for Jewellery 50 Profile of General Online Shoppers 50 Site Profile of Top 3 Online Shopping sites 52 1. Amazon Germany – www.amazon.de (ranked no. 6 in Alexa) 52 2. Otto Germany - www.otto.de (ranked no. 79 in Alexa) 53 3. Idealo - http://www.idealo.de/ (ranked no. 37 in Alexa) 54 France 56 Online Retailing Market Overview 56 Online Shopping for Jewellery 56 Profile of General Online Shoppers 56 Site Profile of Top 3 Online Shopping sites 56 Netherlands 59 Online Retailing Market Overview 59 Online Shopping for Jewellery 59 Profile of General Online Shoppers 59 Site Profile of Top 3 Online Shopping sites 59 South Korea 61 Japan 61 Switzerland 61 Finland 61 ...
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...Module VI E-Business and E-Commerce E-Business Model – – – – – – – The Storefront Model The Auction Model The Portal Model The Name-Your-Price Model The Comparison Pricing Model The Demand Sensitive Pricing model The B2B Exchange Model The storefront Model • Storefront model enables merchants to sell products on the Web – Transaction processing, security, online payment, information storage • E-commerce allows companies to conduct business 24-by-7, all day everyday, worldwide • An e-commerce storefront should include: – Online catalog of products – Order processing – Secure payment – Timely order fulfillment The Auction Model • Online auction sites – Act as forums through which Internet users can log-on and assume the role of either bidder or seller – Collect a commission on every successful auction – Sellers post items they wish to sell and wait for buyers to bid • Reserve price – The minimum price a seller will accept in a given auction • Reverse auctions – Allow the buyer to set a price as sellers compete to match or even beat it The Portal Model • Portal sites – Give visitors the chance to find almost everything they are looking for in one place • Horizontal portals – Portals that aggregate information on a broad range of topics – Yahoo!, AltaVista, Google • Vertical portals – Portals that offer more specific information within a single area of interest – WebMD, IMDB • • Comparison pricing model – Web sites using shopping technology to find the lowest price for a given...
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