Transcript: definition of e-commerce is a term for the type of business, or commercial transaction that involves transferring information across the internet. Electronic Data Interchange ( EDI) and Electronic Funds Transfer (ETF). The concepts of electronic commerce began 40 years ago, but not widely used until the 1990s E-commerce Pioneers It was not until 2000 that the definition began to change and the year of the dot-com collapsed. Webvan was one of the most infamous dot-com failures The money spent in infrastructure far exceeded sales growth, and the company eventually ran out of money. The lack of customers was the problem. AMAZON Began as an online electronic retailer in the United Satets with a profit of $5 million in 2000. In the next quarter, turned a profit of $3.9 billion. Website is available in English, Chinese, French, German and Japanese. 650 million visitors annually. From only books to clothing, gourmet food, baby products and more. eBAY It was from the start meant to be a market place for the sale of goods and services for individuals. a company in the business to connect people, not for selling them products. changed image from only auctioning collectibles to an upscale market where the average sale price is higher. conclusion Like many other business there are some advantages and disadvantage of e-commerce A - enable a business concern or individual to reach the global market A - small businesses can access the global market. D - internet still has not reached a great number of people D -people refuse to trust on e-transactions and disclose personal information. Advantages of e-commerce have the potential to outweigh the disadvantages. Online change of value Webvan, Amazon and eBay largest online e-retailer E-commerce online marketplace built to enable trade Advantages and Disadvantages
Transcript: Want a name brand hoodie for a lower cost? www.hoodieworld.com Start-Up Costs: About $20,000 for about 1,000 sweatshirts About $10,000 for transportation costs $200 for a web designer (appearence is everything) Hoodie Sweatshirts: Great casual wear, soft, comfortable, suits everyone, variety to choose from Customized hoodies for all ages, genders and groups Cheaper for the people at home Payment services: PayPal and Google checkout are good for a first time online business. Process credit cards directly from your online store. Before Delivery: 1. Make sure what the clients has ordered. 2. Set expectation, and then exceed it. 3. Make sure the quality of goods. choose good delivery companies: Sign into hoodieworld to find one! Advertisments! Advertise on other websites such as Craigslist, EBay, etc. Advertise on their websites Advertise in these name brand stores Marketing Stategies Magazine Newspaper articles Local Town events
Transcript: And use after the download can start instantly. No wait; when the download finishes, you can start installing or using it. You can order tangible products online to be delivered at your house or prepared when you arrive. By the end of 2012, it is predicted that there will be $1.25 trillion in E-Commerce sales! E-Commerce was invented in 1979 by Michael Aldritch, in the form of online shopping. In 1994, the first online bank opened In 1995, Amazon is published by Jeff Bezos, and eBay is established by Pierre Omidyar In 2002, eBay acquires PayPal, a widely used e-commerce In 2010, Groupon rejects Google's $6 billion offer to establish a very large IPO Textbook http://en.wikipedia.org/wiki/Electronic_commerce http://www.internetretailer.com/2012/06/14/global-e-commerce-sales-will-top-125-trillion-2013 Examples: E-Bay, Steam, PayPal You can also pay bills and taxes as well if they are supported. E-Commerce E-comm is widely used in, for example, software downloads so that you don't need CDs with that nasty shipping and handling. Sources: E-comm is the transaction of purchasing or transmitting money via a network connection. Aaron Griffin
Transcript: tdinv150 tccom011 tdsls051 Fetch default data from customer master tdinv001 Fetch Delivery address from customer block order if credit limit exceeded save data in sales deliveries CSR will then verify the order and go through the reste of the process for the order tdsls040 insert data into save "on order" in the item master save data in planned inventory transactions Customer will connect to the ecommerce portal with a login and a password Save sales order in the system An email will be sent to the CSR and the sales rep that the customer entered a web order in the system Save history copy tdsls045 fetch first free number available for series tdsls040 save a copy for history tdsls050 Save the allocated and the economy stock tiitm001 tccom013 tccom010 tcmcs047 Save the allocated and the economy stock tccom010 tdsls041
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Transcript: identified as the facilitation of commercial transactions electronically using technology such as Electronic Data Interchange (EDI) and Electronic Funds Transfer (EFT), introduced in the '70 s allowing businesses to send commercial documents like purchase orders or invoices electronically credit cards, automated teller machines (ATM) and telephone banking in the 1980s were also forms of electronic commerce Another form of e-commerce was the airline reservation system typified by Sabre in the USA and Travicom in the UK. Beginning in the 1990s, electronic commerce would include enterprise resource planning systems (ERP), data mining and data warehousing. Contemporary electronic commerce involves everything from ordering "digital" content for immediate online consumption, to ordering conventional goods and services, to "meta" services to facilitate other types of electronic commerce. On the institutional level, big corporations and financial institutions use the internet to exchange financial data to facilitate domestic and international business. Data integrity and security are very hot and pressing issues for electronic commerce. United Kingdom has the biggest e-commerce market in the world, even higher than the USA China's e-commerce presence continues to expand eCommerce is also expanding across the Middle East Electronic commerce is generally considered to be the sales aspect of e-business E-commerce can be divided into: E-tailing or "virtual storefronts" on Web sites with online catalogs, sometimes gathered into a "virtual mall" The gathering and use of demographic data through Web contacts Electronic Data Interchange (EDI), the business-to-business exchange of data E-mail and fax and their use as media for reaching prospects and established customers (for example, with newsletters) Business-to-business buying and selling The security of business transactions Global trends History photo credit Nasa / Goddard Space Flight Center / Reto Stöckli E-Commerce Forms What is E-commerce Thank you for your attention! History
Transcript: e-Commerce Decision on the viability of adding e commerce to an organization Risk factor of introducing e-commerce into an existing organization Business operation and suggest the potential impact of introducing e-commerce Management Planning The business strategy Competition in the business The security of the system Business reputation Consumer culture
Transcript: E COMMERCE Fraud. Fraud is the only bad thing for business' using E commerce because if the customers details get stolen, the business has to pay out a lot of money for the customer to get their money back. BAD POINTS FOR CONSUMERS USING E COMMERCE. There are many good points for business' using E Commerce. These are; 24/7 365 service. lower costs. wider target audience. And higher visibility. GOOD POINTS FOR CONSUMERS USING E COMMERCE Is E commerce good for society? WHAT IS E COMMERCE? Delivery charges. You miss out on Shopping Experience. Fraud and Fakes. Could make the users very interactive. E Commerce is where people buy and sell online goods. GOOD POINTS FOR BUSINESS' USING E COMMERCE. BAD POINTS FOR BUSINESS' Many people use E commerce and think it is good. These are some of the reasons that consumers like E Commerce; 24/7 365 service. Very convenient. Cheaper prices. Wider selection of items.
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