Chapter 14 Ebusiness

The Internet is a powerful channel that presents new opportunities for an organization to: (3)

the buying and selling of goods and services over the Internet

the conducting of business on the Internet including, not only buying and selling, but also serving customers and collaborating with business partners

an approach to conducting electronic business on the Internet

applies to businesses buying from and selling to each other over the internet

interactive business communities providing a central market where multiple buyers and sellers can engage in ebusiness activities in B2B ebusiness models

Electronic marketplace 2 examples

applies to any business that sells its products or services to consumers over the internet

Business-to-Consumer (B2C) , a version of a retail store where customers can shop at any hour of the day without leaving their home or office

Business-to-Consumer (B2C), consists of a number of eshops; it serves as a gateway through which a visitor can access other eshops

Business-to-Consumer (B2C) Business types (3)

Business-to-Consumer (B2C) Business type, a business that operates in a physical store without an Internet presence

Business-to-Consumer (B2C) Business type, A business that operates on the Internet only without a physical store. Ex. Amazon.com, Expedia.com

Business-to-Consumer (B2C) Business type, a business that operates in a physical store and on the Internet; REI, Barnes and Noble

applies to any consumer that sells a product or service to a business over the internet

Priceline.com is an example of?

applies to sites primarily offering goods and servces to assist consumers interacting with each other over the internet

ebay is an example of?

Consumer-to-Consumer (C2C) - Online auctions - Sellers and buyers solicit consecutive bids from each other and prices are determined dynamically

Consumer-to-Consumer (C2C) - Online auctions - Sellers use as a selling channel to many buyers and the highest bid wins

Consumer-to-Consumer (C2C) - Online auctions- Buyers use to purchase a product or service, selecting the seller with the lowest bid

C2C communities include:- People interact with each other on specific topics, such as golfing and stamp collecting

C2C communities include: - People come together to share certain life experiences, such as cancer patients, senior citizens, and car enthusiasts

C2C communities include: - People participate in imaginary environments, such as fantasy football teams and playing one-on-one with Michael Jordan

- a Web site or Web application that uses content from more than one source to create a completely new service

- a set of routines, protocols, and tools for building software applications