Chapter 7 - E-Business and E-Commerce
26%
2016 EMPLOYED AD BLOCKING TOOLS
VENDORS ASK PARTNERS TO PLACE LOGO ON PARTNER'S WEBSITE AND THEN PAY THAT PARTNER A COMMISSION
AFFLIATE MARKETING
1. G2C 2. CHINESE
ALIBABA GROUP
AN INTERMEDIATY ADMINISTERS ONLINE EXCHANGE OF SURPLUS PRODUCTS OR THE COMPANY RECEIVES POINTS FOR IT'S CONTRIBUTION
BARTERING ONLINE
DECENTREALIZED; NO SINGLE INSTITUTION OPERATES THEIR USE
BITCOIN
ARE INPUTS TO THE MANUFACTURING PROCESS
DIRECT MATERIALS
1. LEGAL 2. When multiple buyers combine their orders so that they constitute a large volume and therefore attract more seller attention 3. is a practice of registrants using the five-day "grace period" at the beginning of a domain registration to profit from pay-per-click advertising.
Domain tasting
MATERIALS ARE THOSE ITEMS THAT ARE NEEDED FOR MRO
INDIRECT
DESCRIBES THE RETAILING STRATEGY OF SELLING A LARGE NUMBER OF UNIQUE ITEMS IN SMALL QUANTITIES
LONG TAIL
PLACING MORE ADS ON EACH WEB PAGE
ONLINE ADVERTISERS FAVOR
CHARGES FREQUENT USERS LESS
SAFEWAY
EBAY
TAOBAO
ELECTRONIC BILLBOARDS THAT PROMOTE A PRODUCT OR A VENDOR
banner
ORGANIZATIONS ARE PURELY PHYSICAL EXAMPLE: RESTAURANT IN NEW YORK CITY have a limited geographical reach
brick-and-mortar organizations
COMPRISES THAT VAST MAJORITY OF E-COMMERCE BY VOLUME ELECTRONIC CHECKS ARE PRIMARILY USED LARGER BY VOLUME Purchasing cards are the ___________ equivalent of electronic credit cards.
business-to-business electronic commerce (B2B)
ADOPT A CHILD AND NEED TO UPDATE YOUR HEALTHCARE BENEFITS INCLUDE THAT NEW CHILD
consumer-to-consumer electronic commerce (C2C)
G2C- FILE YOUR INCOME TAXES ONLINE
e-government
LIMITATION-SECURITY IMPACT- IT has drastically changed the nature of competition. IT removes barriers that kept many entrepreneurs from starting businesses. NOT IMPACT: IT increases the organization's reach even though it costs a bit more. ADVANTAGE: Access a vast number of products and services around the clock.
electronic commerce (e-commerce)
A WEBSITE THE REPRESENTS A SINGLE STORE
electronic storefront
SELLER SOLICITS BIDS FROM BUYERS-HIGHER PRICE OVER TIME
forward auctions
Selling bogus investments and setting up phantom business opportunities are examples of
fraud on the internet
SMALL BUYERS AGGREGATE DEMAND TO CREATE A LARGE VOLUME THEN NEGOTIATE LOWER PRICES When multiple buyers combine their orders so that they constitute a large volume and therefore attract more seller attention
group purchasing
APPEARS IN UNDERNEATH THE ACTIVE WINDOWS
pop-under ad
APPEARS IN FRONT OF THE CURRENT BROWSERS
pop-up ad
1. ORGANIZATIONS SELL THEIR PRODUCTS OR SERVICES TO OTHER ORGANIZATIONS ELECTROINICAL FROM THEIR OWN PRIVATE E-MARKETPLACE WEBSITE OR FROM A THIRD PARTY WEBSITE 2. SIMILAR TO THE B2C MODEL 3. FORWARD AUCTIONS ARE THE KEY MECHANISM
sell-side marketplace
1. CARDS CONTAIN A CHIP THAT CAN STORE A LARGE AMOUNT OF INFORMATION AS WELL AS ON A MAGNETIC STRIPE FOR BACKWARD COMPATIBILITY 2. MODERN CREDIT CARDS 3. contain a chip called a microprocessor that can store a considerable amount of information.
smart card
UNSOLICITED EMAIL
spam
1. CARDS ALLOW YOU TO STORE A FIXED AMOUNT OF PREPAID MONEY AND THEN SPEND IT AS NECESSARY. 2. GIFT CARDS
stored-value money card
1. ONLY ONLINE 2. SELL MUSIC ON ITUNES ONLY
virtual organizations
COLLECTS DATA
GHOSTERY
SET OF SOFTWARE
STRIPE'S RELAY
POPULAR CONNUMICATION PLATFORM CHINA
TENCENT
1. LOCAL 2. SERVICE PROVIDERS 3. ON A PAY-PER-LEAD BASIS 4. ENABLE LOCAL PROFESSIONALS TO CONE TO THE 5. 5. CUSTOMER
THUMBTACK
B2C BUSINESS
TMALL
MORE COMPLEX THAT B2B
business-to-consumer electronic commerce (B2C)
A _____________ is the right to use but not distribute software.
copyright
1. REFERS TO THE PRACTICE OF REGISTRING OR USING DOMAIN NAMES FOR THE PURPOSE OF PROFITING FROM THE GOODWILL OR THE TRADEMARK THAT BELONGS TO SOMEONE ELSE. 2. IS ILLEGAL
cybersquatting
INDEPENDENTLY OWNED BY A THIRD PARTY AND CONNECT MANY SELLERS WITH MANY BUYERS
electronic exchanges
A COLLECTION ON INDIVIDUAL SHOPS UNER ON INTERNET ADDRESS
electronic mall
CENTRAL, VIRTUAL MARKET SPACE ON THE WEB WHERE BUYERS AND MANY SELLER CAN CONDUCT E-COMMERCE AND E-BUSINESS ACTIVITIES
electronic marketplace (e-marketplace)
SMARTPHONE TO LOOK UP MONEY IN BANKING ACCOUNT
mobile commerce (m-commerce)
CARDS ALLOW CUSTOMERS TO CHARGE ONLINE PAYMENTS TO THEIR CREDIT CARD ACCOUNTS
ELECTRONIC CREDIT
CYBERSOURCE PAYPAL VERISIGN NOT A PROVIDER STRIPENET
PAYMENT OF GATEWAY ACCOUNTS
STOPS ALMOST EVERY AD AND TRACKER
PRIVACY BADGER
CUSTOMERS USE THE INTERNET TO SELF-CONFIGURE PRODUCTS OR SERVICES
PRODUCT CUSTOMIZATION
1. PARTNERED WITH; EBATES FIRST NATIONAL BANK O FOMAHA PINTEREST DID NOT PARTNER WITH UBER 2. 25%
RAKUTEN
EXCHANGES CONNECT BUYERS AND SELLERS IN GIVEN INDUSTRY
VERTICAL
A MODEL IN WHICH ORGANIZTIONS ATTEMPT TO PROCURE NEEDED PRODUCTS OR SERVICES FROM OTHER ORGANIZATIONS ELECTRONITY GROUP PURCHASING
buy-side marketplace
PROBLEM-ALIENATING CUSTOMERS 0ccurs when manufacturers disintermediate their channel partners by selling their products directly to consumers.
channel conflict
HAVE PHYSICAL AND ONLINE DIMENSIONS EXAMPLE: POPCORN AT STORE AND ONLINE DISADVANTAGE: Added complexity combining two different environments
click-and-mortar organizations
1. RECIPIENTS OF YOUR MARKETING NOTICES SEND INFO ABOUT YOUR PRODUCT TO THEIR FRIENDS 2. marketing encourages receivers to send information about products/services to their friends.
viral marketing
TRANSACTIONS ARE CONDUCTED EFFICIENTLY BECAUSE BUYER AND SELLERS ALL MEET IN ONE PLACE
ELECTRONIC EXCHANGES
1. BUSINESS REQUEST QUOTES FROM SUPPLIERS 2. USES B2B WITH A REVERSE AUCTION MECHANISM
ELECTRONIC TENDERDING
EXCHANGES CONNECT BUYER AND SELLERS ACROSS MANY INDUSTRIES exchanges are used mostly for MRO materials.
HORIZONATAL
MANUFACTURERS OR RETAILERS SELL DIRECTY TO CUSTOMERS
ONLINE DIRECT MARKETING
ALLOW BUSINESS TO CHARGE ONLINE PAYMENTS TO THEIR CREDIT CARD ACCOUNTS used for unplanned B2B purchases NOT a form of electronic cash
PURCHASING CARDS
OCCURS WHEN SHOPPERS VISIT A BRINCK AND MORTAR STORE BUT THEN PURCHASES ONLINE
SHOWROOMING
FOREIGN ENTREPRENEURS
STRIPE'S ATLAS
PLACES ADS INSIDE
STRIPE'S INMOBI
LOWEST BIDDER WINS 1. PRINCIPAL OF A LOCAL HIGH SCHOOL; GIVE STUDENTS BETTER, MORE SECURE ACCESS TO THE INTERNET; REQUEST BIDS; GET BEST PRICE 2.A MAJOR METHOD OF PROCURING GOODS AND SERVICES IN THE BUY SIDE MODEL 3. ONE BUYER WANTS TO PURCHASE A PRODUCT OR SERVICE-LOWER PRICES OVERTIME
reverse auction
USE THE FREEMIUM MODEL
DICONNECT AND 1BLOCKER
1. FACILITATE DYNAMIC 2. MAIN THREAT TO PRIVACY ON INTERNET
COOKIES
