Sunday, 20 September 2015

ecommerce A Brief History and Origins & Growth of Ecommerce and ecommerce vs ebusiness on technology infrastructure

E-commerce: A Brief History
  •   1995–2000: Innovation

¨  Key concepts developed

¨  Dot-coms; heavy venture capital investment

  •   2001–2006: Consolidation

¨  Emphasis on business-driven approach

  •   2006–Present: Reinvention

¨  Extension of technologies

¨  New models based on user-generated content, social networking, services

Origins & Growth of E-commerce

>> Precursors:
¨Baxter Healthcare [ In the year 1970, Pharmaceuticals introduced B2B by using  a telephone based modem that permitted hospitals to reorder]
¨Electronic Data Interchange (EDI) [1980]
¨French Minitel [1980s videotext system, B2C, ticket service, travel, online banking]
¨None had functionality of Internet
>> 1995: Beginning of e-commerce
¨First sales of banner advertisements by ATT, Volvo
>> Since then, e-commerce fastest growing form of commerce in the United States

E-commerce vs. E-business on technology infrastructure

  •  E-business:
¨  Digital enablement of transactions and processes within a firm, involving information systems under firm’s control

¨  Does not include commercial transactions involving an exchange of value across organizational boundaries

e-commerce vs e-business

Types of Ecommerce Like B2C B2B C2C P2P M-COMMERCE

Types of E-commerce

  • Classified by market relationship

¨  Business-to-Consumer (B2C)
¨  Business-to-Business (B2B)
¨  Consumer-to-Consumer (C2C)

  • Classified by technology used

¨  Peer-to-Peer (P2P)

¨  Mobile commerce (M-commerce)


B2C E-commerce

>> Involves online businesses attempting to reach individual consumers
>> In 2014, total B2C revenues were about $524 billion
>> Many types of business models within this category including online retailers, content providers, portals, transaction brokers, service providers, market creators and community providers
 B2B E-commerce

>> Involves businesses focusing on selling to other businesses
>> Largest form of e-commerce ($5.9 trillion in 2014)
>> Two primary business models within B2B:
> Net marketplaces (includes e-distributors, e-procurement companies, exchanges and industry consortia)
> Private industrial networks (includes single firm networks and industry-wide networks)

C2C E-commerce

>>Provides a way for consumers to sell to each other, with the help of an online market maker
>> eBay most well-known example
>> Estimated that size of C2C commerce will reach $160 billion by 2014

P2P E-commerce 

>> Uses peer-to-peer technology, which enables Internet users to share files and computer 
>> resources without having to go through a central Web server
>> Napster most well-known example until put out of business for copyright infringement
>> Today, BitTorrnet is the leading P2P software network.


>> Use of wireless digital devices such as cell phones and handheld devices to enable transactions on the Web
>>Most widely used in Japan and Europe (especially Finland)
>> Expected to grow rapidly in U.S. over the next five years.

7 Unique Features of E-commerce Technology with their Business Significance

Seven Unique Features of E-commerce Technology with their Business Significance 


2.Global reach

3.Universal standards

4.Information richness


6.Information density


8.Social technology

What is ecommerce and why study ecommerce and the first 30 seconds


electronic-commerce, electronic business, ecommerce development, ecommerce service, online-commerce, ecommerce marketing all of these are similar variants, short for electronic commerce
At bangladesh, e-commerce is developing day by day. the words is becoming very popular.

Electronic commerce draws on technologies such as mobile commerce.

What is E-commerce?
  •  Use of Central Web Server  to do transaction for business
  • More precisely: Digitally enabled commercial transactions between organizations and individuals.

Why Study E-commerce?

  •   E-commerce technology  is different, more powerful than previous technologies

  •   E-commerce bringing fundamental changes to commerce

  •   Traditional commerce:

¨  Passive consumer
¨  Sales-force driven
¨  Fixed prices
¨  Information asymmetry

The First 30 Seconds

>> First 15 years of e-commerce
¨Just the beginning
¨Rapid growth and change
>> Technologies continue to evolve at exponential rates
¨Disruptive business change
¨New opportunities


mobile specific transaction architecture
cloud computing
security threats of ecommerce
the internet and web-features
who governs internet
the evolution of internet

Cell: 01856-494805

ecommerce trends is upword as business-technology-society

E-commerce Trends (Business)

>>New business models based on content, and services
>>Online sales expanded by more than 25%
>>2009 a flat year, but growth expected to resume in 2010
>>Broadband and wireless access continue to grow
>>Mobile e-commerce begins to take off
>>Traditional media losing subscribers

E-commerce Trends (Technology)

>>Wireless internet connections
>>New digital gadgets, iphone, internet telephone, digital music & TV and Web services
 E-commerce Trends (Society)

>>Consumer  and user –generated content 
>>Virtual life sites such as facebook emerge 
>>Traditional media such as newspaper, TV, magazine continue to lose subscriber
>>Copyright & privacy issues control grow in significance
>>Internet fraud, abuse, and identity theft occurrences increases 

Academic Disciplines Concerned with E-commerce

Academic Disciplines Concerned with E-commerce

  •  Technical approach
        • Computer science 
        • Management science
        • Information systems

Disciplines Concerned with E-commerce

  • Behavioral approach

        • Information system
        • Economics
        • Marketing
        • Management
        • Finance/accounting  
        • Sociology  

Web Site Systems Development Life Cycle

Web Site Systems Development Life Cycle

Building a Web Site: A Systematic Approach

 Methodology for understanding business objectives of a system and designing an appropriate solution

Five major steps:
1.    Systems analysis/planning
2.    Systems design
3.    Building the system
4.    Testing
5.    Implementation

System Analysis/Planning

  •  Business objectives:
 List of capabilities you want your site to have
  •  System functionalities:
 List of information system capabilities needed to achieve business objectives
  •   Information requirements:
 Information elements that system must produce in order to achieve business objectives

Systems Design:
Hardware and Software Platforms

  System design specification: 

 Description of main components of a system and their relationship to one another
  Two components of system design:

 Logical design
  •   Data flow diagrams, processing functions, databases
Physical design
      •  Specifies actual physical, software components, models, etc.

Build/Host Your Own versus Outsourcing

  •  Outsourcing: hiring vendors to provide services involved in building site
  •   Build own vs. outsourcing:
§  Build your own requires team with diverse skill set; choice of software tools; both risks and possible benefits
  •   Host own vs. outsourcing
§  Hosting: hosting company responsible for ensuring site is accessible 24/7, for monthly fee
§  Co-location: firm purchases or leases Web server (with control over its operation), but server is located at vendor’s facility

Testing, Implementation, and Maintenance
  • Testing
>> Unit testing
>> System testing
>> Acceptance testing
  • Implementation and maintenance:
>> Maintenance is ongoing
>> Maintenance costs: parallel to development costs
>> Benchmarking

Cloud Computing

Cloud Computing

  • Firms and individuals obtain computing power and software over Internet

  E.g., Google Apps, Amazon Merchant  Services platform

  • Fastest growing form of computing

  •   Radically reduces costs of:

  > Building and operating Web sites

 >   Infrastructure, IT support

  > Hardware, software