electronic commerce, buying and selling of products or services is conducted over electronic systems, the Internet and other computer networks, technologies, mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems, the World Wide Web, transaction's life-cycle, a wider range of technologies, e-mail, mobile devices, social media, and telephones, the sales aspect of e-business, the exchange of data, to facilitate the financing and payment aspects of business transactions, an effective and efficient way of communicating within an organization, conduct business, E-tailing or "virtual storefronts" on websites, online catalogs, a "virtual mall", buying or selling on various websites and/or online marketplaces, Web contacts and social media, Electronic Data Interchange (EDI), the business-to-business exchange of data, E-mail and fax, media, prospective and established customers, newsletters, the security of business transactions, types of e-commerce, business-to-business, B2B e-commerce, e-commerce between companies, deals with relationships between and among businesses, B2C segment, the B2B market, two primary components: e-frastructure and e-markets, business-to-consumer e-commerce, or commerce between companies and consumers, customers gathering information, purchasing physical goods, tangibles, consumer products, information goods, goods of electronic material or digitized content, software, e-books, information goods, receiving products over an electronic network, business-to-government e-commerce or B2G, commerce between companies and the public sector, the Internet for public procurement, licensing procedures, and other government-related operations, two features, the public sector assumes a pilot/leading role in establishing e-commerce, the public sector has the greatest need for making its procurement system more effective, Web-based purchasing policies, the transparency of the procurement process, reduces the risk of irregularities, the size of the B2G e-commerce market, a component of total e-commerce, government e-procurement systems remain undeveloped, consumer-to-consumer e-commerce or C2C, private individuals or consumers, the growth of electronic marketplaces and online auctions, vertical industries, firms/businesses can bid for what they want from among multiple suppliers, greatest potential for developing new markets, M-commerce (mobile commerce), buying and selling of goods and services through wireless technology, handheld devices, cellular telephones and personal digital assistants (PDAs), content delivery over wireless devices becomes faster, more secure, and scalable, m-commerce will surpass wireline e-commerce, the method of choice for digital commerce transactions, Asia-Pacific, mobile phone users than Internet users, global trends,
the United Kingdom, the biggest e-commerce market in the world measured by the amount spent per capita, the Czech Republic, ecommerce delivers the biggest contribution to the enterprises´ total revenue, a quarter (24%) of the countrys total turnover is generated via the online channel,
|
|
|
China's e-commerce, 384 million internet users, China's online shopping sales rose to $36.6 billion in 2009,trust level for shoppers, the Chinese retailers, help consumers feel more comfortable shopping online, China's cross-border e-commerce, E-commerce transactions between China and other countries increased 32% to 2.3 trillion yuan ($375.8 billion) in 2012 and accounted for 9.6% of China's total international trade, BRIC countries, accelerated growth of eCommerce, Russia, the total ecommerce market is projected to total somewhere between 690 billion rubles ($23 billion) and 900 billion rubles ($30 billion) in 2015, 5% of total retail volume in Russia, longer-term, the market size of Russian e-commerce could reach $50 billion by 2020, Brazil's eCommerce is growing quickly with retail eCommerce sales, to grow at double-digit pace through 2014, eMarketer expects retail ecommerce sales in Brazil to reach $17.3 billion, India's ecommerce growth has been slower, the country's potential remains solid considering its surging economy, the rapid growth of internet penetration, a vast market of 1.2 billion consumers, 50 million access the internet through PCs and some estimate the most active group of e-commerce customers numbers only 2-3 million, E-commerce traffic grew about 50% from 2011 to 2012, from 26.1 million to 37.5 million, 14 billion dollars in 2012 ecommerce was generated from travel sites, the Middle East, the region is nowhome to more than 60 million internet users, retail, travel and gaming are the region's top eCommerce segments, the lack of region-wide legal frameworks and logistical problems in cross-border transportation,in 2012, ecommerce sales topped $1 trillion for the first time in history,impact on markets and retailers,to gather information about products and prices, research by four economists at the University of Chicago has found online shopping has also affected industry structure in two areas:bookshops and travel agencies, larger firms are able to use economies of scale and offer lower prices
Exercise 3. What do you know about these notions?
