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)

TYPES OF ECOMMERCE

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.

M-commerce 

>> 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 

1.Ubiquity

2.Global reach

3.Universal standards

4.Information richness

5.Interactivity

6.Information density

7.Personalization/customization

8.Social technology

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

What is e commerce and why study e commerce??

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

 

 

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Website: http://bd-ecommece.blogspot.com
E-mail: mia.039@gmail.com
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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