Ecom 320 - Assign 1

Many businesses have shown that after implementing an e-commerce system into their companies, sales have increased immensely. Sneaker Joe’s is a small family run business that is looking to expand their business after the sneakers they sell have shown to be very popular locally, after a picture of them was spotted on a social networking site. I have been looking at some of the most popular websites that consumers use to purchase their goods and what kind of commerce system they have in place, but first, I have written an explanation of the different types of ecommerce used today.

Business-to-Business ecommerce refers to electronic processing of transactions such as products/services or information between businesses (Shaw, 2015). It includes electronic data interchange and supply chain management. It also influences the buying decision of customers in that when customers decide on a purchase, they start by checking it

4. If you are an e-commerce manager, would you adopt any of these technologies, and why? (5 marks)

In e-business, companies undertake their business operations through electronic means. E-business is very similar to e-commerce, but e-business goes past simple buying and selling of services and products online.（是要分开介绍两者区别吗？还是一笔带过？） E-business involves wide array of business, but the primary premise is its dependence on the internet for commerce.

Consumer to consumer e-commerce industry is a worldwide stage for any purchaser or customer. While most income originates from colossal number of exchanges, they increase enough from ads, auctions, reviews and so forth. Samples of such e-business incorporate Amazon, Etsy, Craigslist, Kickstarter, Taobao and so forth.

E-commerce (electronic commerce or EC) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the Internet. These business transactions occur either business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business. The terms e-commerceand e-business are often used interchangeably. The term e-tail is also sometimes used in reference to transactional processes around online retail, (SearchCIO, 2015). In other words e-commerce is the buying and selling of goods and services online.

Companies such as eBay and Amazon exploited the internet to support their business model of business-to-consumer (B2C) retail purchasing. E-commerce has proved to be a disruptive technology to traditional retail markets, such as Walmart. It also provided advantages to consumers with lower pricing, sales tax avoidance and convenience purchasing. Convenience purchasing is the ability to conduct business transactions using mobile technology from anywhere. E-commerce has become so effective that traditional bricks and mortar institutions, such as Walmart, have developed e-commerce capabilities to stay competitive. Walmart has adopted a bricks and clicks business model to help combat threats from Amazon and others. Bricks and clicks are defined as able to support online transactions while offering the convenience of

Investment to start as e-commerce site is considerably less and it is similar to expanding business but with a virtual store.

E-commerce is a product that has been available since the early 90’s. It is something that people are familiar with. A product that is now part and parcel of people’s lives.

E-business uses the digital technology to optimize the business activities of organization in order to increase the efficiency and effectiveness of operation and gain competitive advantages. E-business provides the solution that allows the organization to instantly share database, information of products and services, financial figures and data and nearly anything else that the organization may need to operate the business activities effectively and efficiently (Nguyen, 2013). E-commerce which is the abbreviation of electronic commerce is the subset of e-business. It focuses on the online transaction which includes selling of products or service by using computer network, primarily the Internet.

In the past decade we have seen a real transformation in retail, with eCommerce channel becoming not just one of sales channels but a main channel of choice for many. Furthermore, pure online retailers are quite often taking a huge chunk of the market and putting traditional brick-and-mortar retailers in a tough spot. The changes we have seen in recent years are so dramatic that those "traditional" retailers that were not able to adapt are taking a toll.

Consumer to business electronic commerce involves consumers selling products or services to businesses. You've taken part in this form of e-commerce if you've ever completed a paid online survey where you've given your opinion about a product. Eg: ReverseAuction.com

There are different types of e-commerce business models that are being developed day by day which is restricted to the imagination of a human mind. Out of these business models, three of the most common and important business models are; business to consumer models (B2C), business to business models (B2B) and consumer to consumer business models (C2C).

Nah et al (2002) state that EC activities include the formation and maintenance of online relationships between an organisation and its customers, suppliers, partners, dealers and other agents related to (or in the support of) traditional delivery channels , in ways that could not be supported in traditional retail channels. These activities may be business-to-consumer (B2C), consumer-to-business (C2B), business-to-business (B2B)

In this case the online platform’s clients are various sellers who own the inventory of goods and advertise their goods on the online platform. The ultimate sale of the goods is completed between the third party seller and the end consumer.