This chapter discusses e-marketplaces and their components, mechanisms, economics and impacts. It defines e-marketplaces and lists the major types, including private, public and consortia marketplaces. It describes the various roles of intermediaries and market mechanisms like electronic catalogs, auctions, bartering and mobile commerce. It discusses how e-marketplaces impact competition and industries by lowering search costs for buyers, enabling speedy comparisons and lowering transaction costs.
Class Activity done with data accumulation from various internet websites and database sources for better understanding of e-commerce models functioning at present and their uses in Indian scenario.
Class Activity done with data accumulation from various internet websites and database sources for better understanding of e-commerce models functioning at present and their uses in Indian scenario.
What is E-BUSINESS?
Benefits and Limitations of E-Business
Types of E-business
Online Transactions And Security Of E- Transactions
Applications of E-commerce
Why Are E-commerce Trends so Important?
Electronic commerce or ecommerce is a term for any type of business, or commercial transaction, that involves the transfer of information across the Internet. It covers a range of different types of businesses, from consumer based retail sites, through auction or music sites, to business exchanges trading goods and services between corporations. It is currently one of the most important aspects of the Internet to emerge.
The PPT is about 3 Models Revenue model , B2B model and B2C model. These Models are different from types of Ecommerce Business. It will help you to understand different model with the help of real life examples. A case study is also provided for better knowledge. In the end you will be able to find your own ecommerce business model.
What is E-BUSINESS?
Benefits and Limitations of E-Business
Types of E-business
Online Transactions And Security Of E- Transactions
Applications of E-commerce
Why Are E-commerce Trends so Important?
Electronic commerce or ecommerce is a term for any type of business, or commercial transaction, that involves the transfer of information across the Internet. It covers a range of different types of businesses, from consumer based retail sites, through auction or music sites, to business exchanges trading goods and services between corporations. It is currently one of the most important aspects of the Internet to emerge.
The PPT is about 3 Models Revenue model , B2B model and B2C model. These Models are different from types of Ecommerce Business. It will help you to understand different model with the help of real life examples. A case study is also provided for better knowledge. In the end you will be able to find your own ecommerce business model.
Learning about models of E-Business is made easy through this presentation. It contains the comprehensive information about models of E-Business. It helps the students to learn the concepts quickly with the help of examples. The models are presented with crisp explanation.
Communication Technology- E-Commerce PlatformFaindra Jabbar
Communication Technology
Topic: E-Commerce Platform
What is Electronic Commerce?
E- Marketplaces
Components and participants in E-Marketplaces
EC Platform
Electronic Commerce Requirements
Revenue Models
The contents include introduction of commerce, traditional commerce and e-commerce, features and success factors of e-commerce, benefits and limitations of e-commerce, types of e-commerce and terminologies used in e-commerce.
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Read it ,, share it ,, Cheers...(C) Regmi Milan
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
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Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Acetabularia Information For Class 9 .docxvaibhavrinwa19
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Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
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Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
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The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
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A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Safalta Digital marketing institute in Noida, provide complete applications that encompass a huge range of virtual advertising and marketing additives, which includes search engine optimization, virtual communication advertising, pay-per-click on marketing, content material advertising, internet analytics, and greater. These university courses are designed for students who possess a comprehensive understanding of virtual marketing strategies and attributes.Safalta Digital Marketing Institute in Noida is a first choice for young individuals or students who are looking to start their careers in the field of digital advertising. The institute gives specialized courses designed and certification.
for beginners, providing thorough training in areas such as SEO, digital communication marketing, and PPC training in Noida. After finishing the program, students receive the certifications recognised by top different universitie, setting a strong foundation for a successful career in digital marketing.
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2. Learning Objectives
1. Define e-marketplaces and list their components.
2. List the major types of e-marketplaces and describe
their features.
3. Describe the various types of EC intermediaries and
their roles.
4. Describe electronic catalogs, shopping carts, and
search engines.
5. Describe the major types of auctions and list their
characteristics.
3. Learning Objectives
6. Discuss the benefits, limitations, and impacts of
auctions.
7. Describe bartering and negotiating online.
8. Define m-commerce and explain its role as a market
mechanism.
9. Discuss competition in the digital economy.
10. Describe the impact of e-marketplaces on
organizations and industries.
4. E-Marketplaces
• e-marketplace
An online market, usually B2B, in which
buyers and sellers exchange goods or services;
the three types of
e-marketplaces are private, public, and
consortia
6. E-Marketplaces
Customers
Sellers
Products and services
◦ digital products
Goods that can be
transformed to digital
format and delivered over
the Internet
Infrastructure
Front end
Back end
Intermediaries
Third parties that operates
between sellers and
buyers
Other business partners
Support services
E-Marketplace Components and Participants
7. E-Marketplaces
• front end
The portion of an e-seller’s business processes
through which customers interact, including the
seller’s portal, electronic catalogs, a shopping cart, a
search engine, and a payment gateway
• back end
The activities that support online order fulfillment,
inventory management, purchasing from suppliers,
payment processing, packaging, and delivery
8. Types of E-Marketplaces:
From Storefronts to Portals
• Electronic Storefronts
– storefront
A single company’s Web site where products or
services are sold
– e-mall (online mall)
An online shopping center where many online
stores are located
– Visualization and virtual realty in shopping malls
9. Types of E-Marketplaces:
From Storefronts to Portals
• Types of Stores and Malls
– General stores/malls
– Specialized stores/malls
– Regional versus global stores
– Pure-play online organizations versus click-and-
mortar stores
10. Types of E-Marketplaces:
From Storefronts to Portals
• Types of E-Marketplaces
– private e-marketplaces
Online markets owned by a single company; may be either
sell-side and/or buy-side e-marketplaces
– sell-side e-marketplace
A private e-marketplace in which one company sells either
standard and/or customized products to qualified
companies
– buy-side e-marketplace
A private e-marketplace in which one company makes
purchases from invited suppliers
11. Types of E-Marketplaces:
From Storefronts to Portals
• Types of E-Marketplaces
– public e-marketplaces
B2B marketplaces, usually owned and/or
managed by an independent third party, that
include many sellers and many buyers; also known
as exchanges
12. Types of E-Marketplaces:
From Storefronts to Portals
• information portal
A single point of access
through a Web browser
to business information
inside and/or outside an
organization
• Types of Portals
– Commercial (public)
– Corporate
– Publishing
– Personal
– Mobile
– Voice
– Knowledge
13. Transactions, Intermediation,
and Process in E-Commerce
• Sellers, Buyers, and Transactions
– A seller (retailer, wholesaler, or manufacturer)
sells to customers
– The seller buys from suppliers: either raw material
(as a manufacturer) or finished goods (as a
retailer)
14. Transactions, Intermediation,
and Process in E-Commerce
• The Roles and Value of Intermediaries in E-
marketplaces
– infomediaries
Electronic intermediaries that provide and/or
control information flow in cyberspace, often
aggregating information and selling it to others
15. Transactions, Intermediation,
and Process in E-Commerce
– A broker is a company that facilitates transactions
between buyers and sellers
– Types of brokers
• Buy/sell fulfillment
• Virtual mall
• Bounty
• Search agent
• Shopping facilitator
16. Transactions, Intermediation,
and Process in E-Commerce
• Intermediaries can address the following five
important limitations of direct interaction:
1. Search costs
2. Lack of privacy
3. Incomplete information
4. Contract risk
5. Pricing inefficiencies
17. Transactions, Intermediation,
and Process in E-Commerce
• e-distributor
An e-commerce intermediary that connects
manufacturers with business buyers
(customers) by aggregating the catalogs of
many manufacturers in one place—the
intermediary’s Web site
18. Transactions, Intermediation,
and Process in E-Commerce
• disintermediation
Elimination of intermediaries between
sellers and buyers
• reintermediation
Establishment of new intermediary roles for
traditional intermediaries that have been
disintermediated, or for newcomers
19. Electronic Catalogs
and Other Market Mechanisms
• electronic catalogs
The presentation of product information in an
electronic form; the backbone of most e-selling
sites
• Three dimensions of electronic catalogs:
1. The dynamics of the information presentation
2. The degree of customization
3. Integration with business processes
20. Electronic Catalogs
and Other Market Mechanisms
• search engine
A computer program that can access
databases of Internet resources, search for
specific information or keywords, and report
the results
• software (intelligent) agent
Software that can perform routine tasks that
require intelligence
21. Electronic Catalogs
and Other Market Mechanisms
• electronic shopping cart
An order-processing technology that allows
customers to accumulate items they wish to
buy while they continue to shop
22. Auctions as EC Market Mechanisms
• auction
A competitive process in which a seller
solicits consecutive bids from buyers
(forward auctions) or a buyer solicits bids
from sellers (backward auctions). Prices are
determined dynamically by the bids
23. Auctions as EC Market Mechanisms
• Traditional Auctions versus
E-Auctions
– Limitations of traditional offline auctions
• rapid process gives potential buyers little time to make a
decision
– electronic auction (e-auction)
Auctions conducted online
• dynamic pricing
Prices that change based on supply and demand
relationships at any given time
24. Auctions as EC Market Mechanisms
• Types of Auctions
– One buyer, one seller
– One seller, many potential buyers
• forward auction
An auction in which a seller entertains bids from
buyers. Bidders increase price sequentially
25. Auctions as EC Market Mechanisms
– One buyer, many potential sellers
• reverse auction (bidding or tendering system)
Auction in which the buyer places an item for bid (tender) on a
request for quote (RFQ) system, potential suppliers bid on the
job, with the price reducing sequentially, and the lowest bid
wins; primarily a B2B or G2B mechanism
• “name-your-own-price” model
Auction model in which a would-be buyer specifies the price
(and other terms) he or she is willing to pay to any willing and
able seller. It is a C2B model that was pioneered by
Priceline.com
26. Auctions as EC Market Mechanisms
– Many sellers, many buyers
• double auction
Auctions in which multiple buyers and their bidding
prices are matched with multiple sellers and their
asking prices, considering the quantities on both
sides
27. Auctions as EC Market Mechanisms
• Benefits of E-Auctions
– Benefits to Sellers
– Benefits to Buyers
– Benefits to E-Auctioneers
• Limitations of E-Auctions
– Minimal security
– Possibility of fraud
– Limited participation
28. Auctions as EC Market Mechanisms
• Impacts of Auctions
– Auctions as a coordination mechanism
– Auctions as a social mechanism to determine a
price
– Auctions as a highly visible distribution
mechanism
– Auctions as an EC component
29. Bartering and Negotiating Online
• Online Bartering
– bartering
The exchange of goods or services
– e-bartering (electronic bartering)
Bartering conducted online, usually in a bartering
exchange
– bartering exchange
A marketplace in which an intermediary arranges
barter transactions
30. Bartering and Negotiating Online
• Online Negotiating
– Negotiated pricing commonly is used for
expensive or specialized products
– Negotiated prices also are popular when large
quantities are purchased
– Much like auctions, negotiated prices result from
interactions and bargaining among sellers and
buyers
31. E-Commerce in the Wireless Environment
• mobile computing
Use of portable devices, including smart cell
phones, usually in a wireless environment. It
permits real-time access to information,
applications, and tools that, until recently,
were accessible only from a desktop computer
32. E-Commerce in the Wireless Environment
• mobile commerce (m-commerce)
E-commerce conducted via wireless devices
• m-business
The broadest definition of m-commerce, in
which e-business is conducted in a wireless
environment
33. E-Commerce in the Wireless Environment
• The Mobility Revolution
– Organizations are embracing mobilized computing
technologies for several reasons:
– Improved productivity of workers in the field
– Wireless telecom support for mobility is growing quickly
– More applications can run both online and offline
– The prices of notebook computers, wireless handhelds,
and smart phones continue to fall as their capabilities
increase
34. E-Commerce in the Wireless Environment
• The Promise of M-Commerce
– location-based commerce (LBC)
An m-commerce application targeted to a
customer whose location, preferences, and
needs are known in real time
– M-Commerce Adoption
• Although there are currently many hurdles to the
widespread adoption of m-commerce, many
companies are already shifting their strategy to the
mobile world
35. Competition in the Digital Economy
and Its Impact on Industries
• Internet ecosystem
The business model of the Internet economy
36. Competition in the Digital Economy
and Its Impact on Industries
• Lower search costs
for buyers
• Speedy comparisons
• Lower prices
• Customer service
• Barriers to entry are
reduced
• Virtual partnerships
multiply
• Market niches abound
• Differentiation and
personalization
Competitive Factors—Online Transactions Allow:
37. Competition in the Digital Economy
and Its Impact on Industries
• differentiation
Providing a product or service that is unique
• personalization
The ability to tailor a product, service, or Web
content to specific user preferences
38. Impacts of EC on
Business Processes and Organizations
• Impacts of e-marketplaces on B2C direct marketing:
– Product promotion
– New sales channel
– Direct savings
– Reduced cycle time
– Improved customer service
– Brand or corporate image
– Customization
– Advertising
– Ordering systems
– Market operations
– Accessibility
39. Impacts of EC on
Business Processes and Organizations
• Transforming Organizations
– Technology and organizational learning
– The changing nature of work
• Redefining Organizations
• New and improved product capabilities
• New industry order and business models
• Improving the supply chain
40. Impacts of EC on
Business Processes and Organizations
– Impacts on manufacturing
• Build-to-Order Manufacturing
– build-to-order (pull system)
A manufacturing process that starts with an order (usually
customized). Once the order is paid for, the vendor starts to fulfill it
• Real-Time Demand-Driven Manufacturing
• Virtual Manufacturing
• Assembly Lines
– Impacts on Finance and Accounting
– Impact on Human Resources Management and Training
41. Managerial Issues
1. What about intermediaries?
2. Should we auction?
3. Should we barter?
4. What m-commerce opportunities are available?
5. How do we compete in the digital economy?
6. What organizational changes will be needed?