Premium Essay

E-Marketplace, E-Mall, E-Tailing

In:

Submitted By ran0552
Words 596
Pages 3
Contrast e-marketplaces, e-malls, and e-tailing. Illustrate how they are different from physical marketplaces, malls, and retail outlets. Compare the tools and techniques for a successful e-commerce presence. 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.
Electronic Marketplaces: An electronic marketplace is a virtual online market where organizations register as buyers or sellers to conduct business-to-business e-commerce over the internet. * Markets play a central role in the economy facilitating the exchange of information, goods, services and payments. * Markets create economic value for buyers, sellers, market intermediaries and society at large
Functions of Electronic Market:- 1. Matching buyers and sellers. 2. Facilitating the exchange of information, goods, services, and payments associated with market transactions. 3. Providing an institutional infrastructure, such as a legal and regulatory framework, that enables the efficient functioning of the market.
Types of Electronic Markets:- * Electronic storefront: A single or company Web site where products and services are sold. * Mechanisms necessary for conducting the sale: * electronic catalogs * search engine * e-auction facilities * payment gateway * shipment court * customer services * E-mall (online mall): An online shopping center where many stores are located * some are merely directories * Some provide shared services (e.g., choicemall.com). * some are actually large click-and-mortar retailers * Some are virtual retailers (e.g., buy.com). * Types of stores and malls * General stores/malls * Specialized stores/malls * Regional

Similar Documents

Free Essay

E-Commerce Activities

...includes finding information, comparing and analyzing it. It has Electronic Markets, Storefronts, malls, Portals, E-catalogs, Search Engines, Shopping Carts, Directories, E-maps as a few of its mechanisms. • Trading, Buying, Selling and Exchanging whole means and mechanisms are Electronic markets, E-catalogs, Search Engines, Shopping Carts, Directories, E-maps, E-auctions, Web 2.0 Tools and Social Network Services. • Communicating, Collaborating and Learning has E-catalogs, Search Engines, Shopping Carts, Directories, E-maps, E-auctions, Web 2.0 Tools, Social Network Services and Virtual Worlds as some of its mechanisms. • Entertainment is an EC activity with E-catalogs, Search Engines, Shopping Carts, Directories, E-maps, E-auctions, Web 2.0 Tools, Social Network Services and Virtual Worlds as few of its mechanisms. • Improving performance includes E-catalogs, Search Engines, Shopping Carts, Directories, E-maps, E-auctions, Web 2.0 Tools, Social Network Services and Virtual Worlds as few of its mechanisms. • Few other activities like recruiting and customer services use mechanisms like Web 2.0 Tools, Social Network Services, Virtual Worlds, Payment, Order Processing, Security and Support. E-retailing: The sale of goods and services through the Internet. Electronic retailing, or e-tailing, can include business-to-business and business-t-consumer sales. E-tailing revenue can come from the sale of products and services, through subscriptions to website content...

Words: 425 - Pages: 2

Premium Essay

E Business

...EC, Internet versus non-Internet, and electronic markets versus company based systems. 2.       Major types of EC transactions -          B2C,B2B, C2C, c-commerce, e-government, social commercing 3.       What are elements of digital world? -          Digital economy, digital enterprises and digital society CHAPTER 2 1.       What does E-marketplace prepresents and what are its components. e-marketplace or marketspae, is a virtual market that does not suffer from limitations of space, time or borders. Its major components are customers, sellers, products, infrastructure, front-end processes, back-end activities, electronic intermediaries, other business partners, and support services. 2.       What are characteristics of Web 3.0 -          Web 3.0 is definedas connective intelligence; connecting data, concepts, applications and ultimately people. 3.       What are main benefits and limitations of auctions -          Major benefits for sellers are the ability to reach many buyers, sell quicklly, and safe on intermediary commissions. CHAPTER 3 1.       E-tailing as a business models? It can be classified by distrubution channel – a manufacturer or mail.order company selling directly to consumers, virtual e-tailing, a click and mortar strategy with both online and traditional channels, and online malls that provide either referring directories or shared servicces. Social commerse facilitates group buying and location shopping. 2.       What shopping portals represent...

Words: 800 - Pages: 4

Premium Essay

Essay

...as E-commerce or eCommerce, is a type of industry where the buying and selling of products or services is conducted over electronic systems such as the Internet and other computer networks. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange Chaman (EDI), inventory management systems, and automated data collectionsystems. 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, social media, and telephones as well. 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, social media, and telephones as well. Electronic commerce is generally considered to be the sales aspect of e-business. It also consists of the exchange of data to facilitate the financing and payment aspects of business transactions. This is an effective and efficient way of communicating within an organization and one of the most effective and useful ways of conducting business. It is a Market entry strategy where the company may or may not have a physical presence. E-commerce can be divided into 7 subsections: * E-tailing or "virtual storefronts" on websites with online catalogs, sometimes gathered into a "virtual mall" ...

Words: 257 - Pages: 2

Premium Essay

Reflection

...Week Two Student Guide This week, you will explore how databases are used in the work environment. Databases play a significant role in an organization, so it is important to know how to capitalize on database functionality. You will also learn how businesses, consumers, and the government use collaboration tools in the work environment, and how these tools have transformed the business processes of today’s organizations. Additionally, you will explore electronic commerce, and discuss the challenges this technology presents to businesses and their consumers. Databases, Network Applications, and E-Business OBJECTIVE: Describe how databases are used in the work environment. Resources: Ch. 4 and Technology Guide 2 of Introduction to Information Systems and Ch. 1 for Access in Microsoft® Office 2010 Content • Ch. 4: Data and Knowledge Management of Introduction to Information Systems o Managing Data • The Difficulties of Managing Data • The Data Life Cycle o The Database Approach • The Data Hierarchy • Designing the Database o Database Management Systems • The Relational Database Model • Databases in Action o Data Warehousing • Describing the Data Warehouse • Data Marts o Data Governance o Knowledge Management • Concepts and Definitions • Knowledge Management Systems • The Knowledge Management System Cycle • Technology...

Words: 610 - Pages: 3

Premium Essay

Amazon.Com Evolution

...Amazon.com Evolution Amazon starts as a book distributor that is currently competing with a number of Internet companies throughout the world. CEO, Jeff Bezos, has a vision of Amazon.com being a place where anything, can be located on the website. Amazon is gaining significant ground in its ambition to take over the entire e-commerce e-tailing sector, according to the recent successes. Since 1996, the company has taken the lead, introducing venues for electronic shopping (Pearlson, Saunders 2005). Amazon.com is the largest online retailers in the world, Amazon develops it core competency by striving with the competition. In order for Amazon.com to remain the leading online retail, it is essential to expand the vision of the company. As the customers grow, the customer’s needs expand and the availability of product and services. To augment the number the number of shoppers that use its site, Amazon.com created a program, which awards other sites a percentage of a sale when customers are link to them from another site to make a suggested purchase. Competition is increasing with other websites becoming the favored first stop on the Web. Google has taken the place of such retail sites as Amazon, the resource used by a number of people to start their shopping. Amazon services thousands of companies. Whether Amazon services will contribute to the company’s bottom line is still unknown. Amazon is in direct competition with Google to create a Web-based, worldwide computing platform...

Words: 1123 - Pages: 5

Premium Essay

Comparative Study

...years due to high market competition, various new techniques of business development and marketing have been developed. Use of latest technology for developing business has given birth to E-retail. E-retailing, also known as e-tailing is nothing but shopping through the internet. It is the process whereby consumers directly buy goods or services from a seller, without an intermediary service, over the internet. It is a way by which the retailer displays the array of products over a website so that the customer can view, analysis and order merchandise directly through interactive network or by telephone communication. The merchandise is then delivered to the customers address. The process is called Business-to-Consumer (B2C) online shopping. In present times the concept of e-retail has developed and some of global players of e-retail are e-bay, Amazon and flipkart where various products are sold online and can be bought easily. E-retail is more about selling merchandise that can be sold easily and attacks a large mass of customers. This technique is cost effective and gives rise to immense business opportunity. Support Services in E-Retailing The retail business can only be successful if it has appropriate support services. Support services are like life blood for the success of E-retail, if these systems are not available it will be very difficult to survive and the business venture becomes unproductive and inefficient. These services are important throughout the process...

Words: 8876 - Pages: 36

Premium Essay

Mr Adam

...Hardware and software ICT system in the head office Hardware -‘There is at least one networked laser printer in each department’ ‘There is also an A3 colour laser printer attached to the marketing manager’s workstation as a local printer’ Software -‘All the standard office software is stored on the server, as is the photo editing software’ ICT system in the warehouse and distribution centre Hardware -‘The warehouse manager, the operation director and the distribution manger each has a workstation on their desk and a net worked laser printer’ Software- ‘The warehouse stock database is stored on the server, along with specialist stock management software and scheduling software used by the distribution manager.’ ‘Standard office software is also stored on the server.’ ICT system in the supermarket Hardware- ‘Each checkout has an EFTPOS terminal with a touch screen, barcode reader, customer display screen, and chip and pin card reader.’ ‘The store manager has a net workstation and a networked and laser printer.’ Software- ‘A router provides broadband access to the internet, including a secure link to the banking system for electronic funds transfer.’ ‘The supermarket’s stock database is stored on the server, along with word processing and spreadsheet software. Input, processing and output Checkout procedures Input- ‘The checkout operator scans the barcode of each item’ Processing- ‘The product code is used to look up the description...

Words: 1899 - Pages: 8

Premium Essay

Ebay

...goods and services worldwide. Millions of collectibles, decor, appliances, computers, furnishings, equipment, domain names, vehicles, and other miscellaneous items are listed, bought, or sold daily on eBay. eBay maintains a number of specialty sites including the discussion boards, groups, answer centre, chat rooms, and reviews and guides. eBay's mobile offerings include SMS alerts, a WAP site, Java ME clients, and mobile applications for Windows Phone, Android OS and Apple iPhone. Pierre Omidyar, founder, is focused to achieve excellence in strategic management for improving the company’s strategy, sustaining the company’s growth and business performance, and potentially expanding from online auctions into general “e-tailing”, and to become “the world’s largest online mall”. The objective of this report is to observe and analyse the various aspects of eBay so as to understand the features incorporated by the organisation. eBay has become a phenomenon. It has changed how people think about the junk they once might've sold at garage sales. It has fostered the idea that trust between strangers can be established over the Internet. eBay will keep expanding worldwide. Today, in about 15% of transactions, the buyer and seller are in different countries. eBay will find other means of selling beyond auctions and eBay Stores. It recently launched a classified ad-type service overseas, called Kijiji. (It means "village" in Swahili.) The...

Words: 2143 - Pages: 9

Free Essay

Overview of E-Commerce

...Overview of E-Commerce 1  E-Commerce  Is the process of buying, selling, selling, transferring or exchanging products, services and/or information via computer networks, mostly the Internet or intranets. Refers to a broader definition of EC, not just the buying and selling of goods and services, but also servicing customers, collaborating with business partners, conducting e-learning and conducting electronic transactions within an organization. 2  E-Business   EC can take several forms, depending on the degree of digitization of the    Product (service) sold The process e.g. ordering, payment, fulfilment etc. The delivery method. 3   A product may be physical or digital, the process may be physical or digital and the delivery method may be physical or digital. In traditional commerce, all dimensions are physical. In pure EC, all dimensions are digital. All other dimensions are partial EC. 4 EC Organizations   Purely physical organizations are referred to as brick and mortar (old economy organizations), whereas companies that are engaged in only EC are considered virtual or pure-play organizations. Clicks and mortar organizations are those that conduct some EC activities, usually as an additional marketing channel. 5 Classification of EC by the Nature of the Transactions and the Relationships Among Partners  B2B   B2C  All participants in B2B EC are either businesses or other organizations...

Words: 2480 - Pages: 10

Premium Essay

Assigment

... |Web | |3 |Revolution | Bài 3: Cuộc cách mạng Web By the end of this topic, you should be able to: 1. Define electronic commerce; 2. Describe electronic major mechanisms; 3. Discuss common e-commerce applications and some major support services; 4. Explain wireless mobile computing and commerces and 5. Discuss location-based commerce and pervasive computing. Kết thúc bài này, bạn có thể: 1. Xác định thương mại điện tử; 2. Mô tả các công cụ điện tử chính; 3. Thảo luận về các ứng dụng thương mại điện tử phổ biến và một số dịch vụ hỗ trợ chính; 4. Giải thích điện toán di động không dây và commerces và 5. Thảo luận thương mại dựa trên địa điểm và máy tính phổ biến. INTRODUCTION According to a study by IDC, Malaysia Internet and E-Commerce 2006--2010 Forecast: Tracking the Development, Malaysia is expected to register a strong growth of 70 % in electronic commerce (EC) spending in 2006. Business-to- consumer (B2C) EC spending is expected to record a healthy increase of 43% to reach US$2.8 billion (RM9.8 billion) from US$1.9 billion (RM6.65 billion) in 2005. Malaysia's business-to-business (B2B) EC spending is expected to register a high growth of 77% to US$13.6 billion (RM47.6...

Words: 45416 - Pages: 182

Free Essay

Flipkart

...Marketing Management- I Project Report Group- 8 Table&of&Contents& E$COMMERCE!INDUSTRY!.....................................................................................................!3! PESTLE!ANALYSIS!.......................................................................................................................!4! POLITICAL&ASPECT& ........................................................................................................................&4& . ECONOMIC&ASPECTS& ....................................................................................................................&4& . SOCIAL&ASPECTS& ...........................................................................................................................&4& . TECHNOLOGICAL&ASPECTS&...........................................................................................................&5& LEGAL&ASPECTS&.............................................................................................................................&5& ENVIRONEMNET&ASPECTS&............................................................................................................&6& Flipkart!Introduction!...............................................................................................................!7! CURRENT&HEALTH&.........................................................................................................................&7& TARGETS&....................

Words: 6699 - Pages: 27

Premium Essay

E-Business Security & Controls

...Research Paper E-Business Security & Controls BUS365 Newegg.com Inc.’s products and markets and how intranet can help them compete in the global market “Newegg Inc. was founded in 2001 and is now the second-largest online-only retailer in the United States”. It has since become a leader in the e-retailing business with its shopping experience and customer service. The founders selected “Newegg” as the company name to signify new hope for e-commerce during a period when e-commerce businesses were struggling to survive. The company owns and operates Newegg.com (www.newegg.com). Newegg’s website reports that there are over 13 million registered users who have access to a large selection of products ranging from consumer electronics to household appliances. Newegg Inc. is headquartered in City of Industry, California. (Newegg.com, accessed 2010). The impact of intranet technology regarding corporate information and enhancement together with the competive edge it provides makes it an invaluable tool for modern businesses. Newegg Inc. is no exception, and has realized intranet benefits such as better communication, time saving element, increased productivity, and cost reduction. Communication is a vital piece for a succeful collaboration, team work, and proper functioning of a business. Tools such as discussion groups, intranet forums and bulletin boards that intranet provides are used to facilitate...

Words: 2811 - Pages: 12

Premium Essay

Online Buying Behaviour

...secondary objectives of the research. The response format was of a mixed variety which also helped in better determination of outcomes. Post data reduction, Cross tabulation was used for analyzing the causal relationship between different pairs of factors. ANOVA was also applied to a pair of factors. The Regression Analysis between the dependent variable “Average Amount spent per purchase made online” and the independent variables of Frequency of Purchase of products and services online, owning a Credit Card, Marital Status, Education and Age, was done.. Then, Cluster Analysis was done on the data and based on the responses; we could divide the respondents in three clearly distinct groups. We named them: Confident Online Buyer, Unsure surfer and Mall Shopper. We performed Factor Analysis to find the major factors. We could identify six factors: Value for Money, Trust, Connected and Up to date, Problems Faced, and Traditionalism. 1 | Page INTRODUCTION India has the world’s 4th largest Internet user base, which crossed the 100 million mark recently. Better connectivity, booming economy and higher spending...

Words: 9512 - Pages: 39

Premium Essay

E- Commerce

...Topic: How can E-Commerce help to improve your business and become competitive against competitors. Prepared for: Dr Martino Luis BJMP 5023: Operation Management Prepared by: Mohd Nizam Mohd Ishak (814738) Date: 30th October, 2013 Content: 1. Introduction 2. Direct Relationship 3. Postage Strategy 4. Data & Information 5. Social Media 6. Application 7. Copyright & Patent 8. Conclusion Introduction Electronic commerce, commonly known as e-commerce or ecommerce, is a type of industry where the buying and selling of products or services is conducted over electronic systems such as the Internet and other computer networks. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated 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 social media, and telephones as well. Electronic commerce is generally considered to be the sales aspect of e-business. It also consists of the exchange of data to facilitate the financing and payment aspects of business transactions. This is an effective and efficient way of communicating within an organization and one of the most effective and useful...

Words: 3835 - Pages: 16

Premium Essay

Amazon

...The Internet Business Review Issue 1 – October 2004 THE IMPACT OF E-COMMERCE INDUSTRY TURMOIL ON AMAZON.COM: A STRATEGIC PERSPECTIVE Russell Casey - Clayton State University, USA William Carroll - University of Phoenix, USA Edited by Faith W. Smalls Abstract Internet retailers face intense competition in their quest to gain market share due to the large number of competitors, ease of entry, low switching costs and the strength of existing multi-channel retailers. To survive, it is critical that online retailers create a sustainable competitive advantage in their e-commerce strategy and plan for long-term strategic positioning. The article uses a case study analysis of Amazon.com's strategy to develop an understanding of the e-commerce competitive environment and the importance of building a sustainable competitive environment to create value for the firm, its customers, and its shareholders. © 2004 The Internet Business Review The Internet Business Review Issue 1 – October 2004 Introduction Is the Internet a leech that sucks a company’s assets dry? Many investors, entrepreneurs, and managers pondered this billion-dollar question as hundreds of dotcoms collapsed over the last two years. Companies, such as Boo.com, Etoys, Onsale, @home, and Webvan, are extinct and many more cling to existence. The dreams of consumers, shareholders and other stakeholders have been shattered. From their inception, these dotcoms were going to revolutionize the world and...

Words: 8879 - Pages: 36