Transcript: Businesses Encouraging Online Shopping: 1. being able to be contacted easily 2. displaying success stories from other happy customers 3. Web site design Future: 1. faster buying/selling procedure 2. easy to find products 3. buying/selling 24/7; never closed 4. more reach to customers, there is no theoretical geographic limitations 5. low operational costs and better quality of services Advantages: E-COMMERCE Disadvantages: 1. any one, good or bad, can easily start a business. And there are many bad sites which eat up customers’ money 2. there is no guarantee of product quality 3. mechanical failures can cause unpredictable effects on the total processes 4. as there is minimum chance of direct customer to company interactions, customer loyalty is always on a check 5. there are many hackers who look for opportunities, and thus an ecommerce site, service, payment gateways, all are always prone to attack
Transcript: Legal aspects of e-commerce Relevant legislation 1. Ltd. company establishment 2. Electronic agreements 3. Distance selling 4. Payment 5. Return rights 6. Defects & delays No formalities Meeting of minds Distiction between (1) offer (2) invitation to make offer Terms and conditions Electronic order confirmation Liabilty - Misuse buyer/consumer PBS Seller Consumer protection act Seller's info disclosure Not all products covered Consequences Seller's obligations: (1) timely delivery (2) "correct" product Rules vary from B2B an B2C Complaint within reasonably time Buyer's defalut options: (1) replacement (2) repair (3) cancellation (4) compensation Some products excluded Consumers only Duration (a) 14 days (b) max 3 months e-commerce act company act payment means act VAT act consumer protection act marketing act trademark act agreement act personal data act Business model - strategic aspects? Risk & tax consideration ? Divided ownership, now or later? Holding structures Types: creditcard bank transfer payment at delivery credit purchase
Transcript: BY: V@LER!3 M@DO($ @ND @NT0NY (H!0D! E commerce can save the day anyday. 29% of teens research products on the Internet before buying them in stores (cc) photo by Metro Centric on Flickr gr8 doodles More about Digital Commerce E commerce can be helpful when schools need a book sale and even when you want to purchase a new desk or something like that. it will be faster easier and you will save money... GAURENTED!! if you may think it is wrong stop thinking that now cuz it is the right way to go. E COMMERCE... IS THE WORD YOU CAN TELL ALL FRIEND HOW GREAT IT IS. IT IS ALSO A GOOD THING BECUASE SCHOOLS USE THIS FOR BOOK SALES AND OTHER EVENTS. IT IS A NEW WAY SCHOOLS GET EVERYTHING, SOME SCHOOLS MIGHT DISAGREE BUT 55% of schools do; SOO IT MUST BE GOOD!! You can save money when you buy online notes Budapest San Francisco Examples of E Commerce It doesn't get to your house right away Notes Stockholm E Commerce (cc) photo by jimmyharris on Flickr (cc) photo by Franco Folini on Flickr Double click to crop it if necessary AMAZON E COMMERCE IS WHAT MAKES BUYING AND SELLING ONLINE SO MUCH EASIER! YOU CAN GO TO WHAT EVER WEBSITE YOU WANT AND BAM... YOU CAN BE HAPPY BECAUSE OF YOUR PURCHASE OR SELLING OF SOMETHING. E commerce is the buying and selling of goods online Digital commerce is the most difficult element of digital citizenship for educaters to address in the classroom. Teachers don't think it's their responsibility to inform students about digital commerce, however online purchasing has become an important factor in students lives. Learning to become an intelligent consumer is an important aspect of good citizenship. Digital commerce may not seem to be a particulary important issue for teachers and technology leaders, but it is keenly important for their students. Research outlook YOU DONT NEED TO GO TO A STORE AND WASTE GAS MILES TO JUST GET THERE. GO ONLINE AND BE MORE HAPPY POSSIBLY IN BED, DRINKING COFFEE, OUTSIDE, OR DURING A COMMERCIAL IN YOUR TELIVISON PROGRAM. photo frame Ebay details (cc) photo by Metro Centric on Flickr Most schools use E Commerce Important Details Brainstorm
Transcript: Future Banking No buildings... Just apps and ATM's What will be next? Web chatting with bank officials for loans Fingerprint scanner instead of pin numbers. Debit cards display the remaining balance. No tellers.
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Transcript: John davis Fashion Story E-Commerce Eur Body Vans $32.00 USA && Link:http://www.snapbacks.com/catalogsearch/result/?q=bulls+ USA $160 EUR $208.31 GBP $103.12 INR $8,583.20 AUD $160.98 Bulls Hat $24.50 China CAD Vans Prices Vans&&Bulls Body Body Vans $33.23 Bulls Hats $25.50 GBP Body The Top Main clothing Line Bulls AUD HKD $1,244.95 RUB $ 5,091.25
Transcript: The Internet has penetrated China, the most populous nation in the world, at a rapid rate. China had 538 million Internet users by the end of June 2012 and is projected that China's Internet population will hit 718 million by 2013, accounting for 52.7 percent of the total population. Broadband makes up the majority of Internet connections in China. Wireless, especially the mobile phone Internet access has developed rapidly. While the Internet, as the latest technology of mass media, has enormous potential to bring profound changes to the information environment in China, there are a wide range of constraining forces at work, including governmental control, inadequate infrastructure, economic affordability, cultural perceptions, and language barriers Much of China's e-commerce growth is being driven by younger buyers. Consumers in China's so-called third and fourth tier cities, places like Hohot, Fuzhou, Nanchang, Cixi and Chaozhou, can have access to the same products and brands available in Beijing, Shanghai, Guangzhou and Shenzhen by shopping online. The Chinese government has heavily subsidized the rollout of high-speed access, so internet penetration now approaches rich-country levels. Greater product selection. The ability to compare prices across vendors Convenience. The early days of online shopping in China have been plagued by credit card fraud and counterfeit goods. These two issues have been addressed, in part, by the introduction of PayPal-like payment services, including Alibaba-owned Alipay. Poor return policies are also thwarting growth. Apparel is the most popular buying category, making up roughly half of all online sales in China. And while sales of physical goods are increasing quickly, digital content is growing at a slower rate, making up about one-third of all online sales The three BIG Internet companies in China are: ALIBABA BAIDU TENCENT Taobao- frequently described as the “eBay of China.” Users on Taobao can purchase and sell new and used goods at fixed or negotiated prices, as well as through auction-style listings. About half of B2C transactions currently take place on Taobao Mall, or Tmall, another Alibaba property. Together, Taobao and Tmall were responsible for 81% of online transactions by dollar amount in 2010. Other players in the space include 360buy.com, a multibrand retailer often described as the online, Chinese equivalent of Best Buy. Chinese consumers distrust advertising and news sources, recommendations from online reviewers and peers on social networks have heightened roles. Ninety-five percent of Internet users living in Tier 1, 2 and 3 cities in China are registered on at least one social media site Demographics vary among networks. Social media has a greater influence on purchasing decisions for consumers in China than for anywhere else in the world. “People rely more on word-of-mouth from friends, family and key opinion leaders, many of whom share information on social media,” - McKinsey Companies in China have yet to leverage social media properly. There’s a lack of familiarity with online social platforms at the executive level. Four big differences that distinguish Chinese e-commerce from any other country: 1. More online-only retailers. 2. Customer behavior: Dominance of online chat 3.Different payment options and check out paths. 4.Mobile commerce What's Next??? It’s increasingly important for Chinese companies to focus on e-commerce, whether they’re established international conglomerates or young retail start ups. To build out an aggressive brick-and-mortar presence would be a huge challenge, at this point. -Mullen BUT... One thing’s for sure... China’s e-commerce market is certainly a very different beast than the U.S.’s. Shipping prices and reliability have also been improved, particularly in urban coastal cities FACTORS IN DRIVING THE GROWTH OF E-COMMERCE IN CHINA: Type of Online Market E-Commerce in CHINA 3 Reasons Why People in China shop online: Internet Possibilities Messaging The increase of China’s middle class. The spread of government-subsidized, high-speed Internet access and Internet-connected cellphones have widened the pool of potential shoppers. Broadband Internet access costs around $10 per month, compared to $30 per month in India and $27 per month in Brazil. Search China is poised to become the biggest online marketplace in the world within the next few years. The size of China’s e-commerce market is expected to more than triple over the next three years. How Friendly to E-Commerce Implications E-Commerce E-Commerce Players
Transcript: Nobody knows babies like we do! Quality products . Good Customer service. Every Kid really loves this store.. BABYLOU ABOUT US About Us BabyLou was established in 2004. It has been more than a decade since we started, where we have ensured to take care of every need and want of every child and infant under one roof, true to the caption “NO BODY KNOWS BABIES LIKE WE DO”. Our benchmark is to provide 100% customer service and satisfaction and continue to deliver the same with a wide range of toys, garments and Baby Products. Play and Create We Are Best 01 02 03 Block games Building Blocks help Kids to use their brain. PLAY TO LEARN in Crusing Adventures Our Discoveries Enjoy a sunny vacation aboard a luxury yacht with the LEGO® Creator 3in1 31083 Cruising Adventures set. This ship has all the comforts you need, including a well-equipped cabin and a toilet. Sail away to a sunny bay and take the cool water scooter to the beach. Build a sandcastle, enjoy a picnic, go surfing or check out the cute sea creatures before you head back to the yacht for a spot of fishing. Escape into the mountains Disney Little Princes in Also available for your Babies..... Also... Out of The World… Our reponsibility BABYLOU…. Our Responsibility All children have the right to fun, creative and engaging play experiences. Play is essential because when children play, they learn. As a provider of play experiences, we must ensure that our behaviour and actions are responsible towards all children and towards our stakeholders, society and the environment. We are committed to continue earning the trust our stakeholders place in us, and we are always inspired by children to be the best we can be. Innovate for children We aim to inspire children through our unique playful learning experiences and to play an active role in making a global difference on product safety while being dedicated promoters of responsibility towards children.
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