Chapter 7 - E-Business and E-Commerce

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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 COMPAN​​Y RECEIVES POINTS FOR IT'S CONTRIBUTION

BARTERING ONLINE

DECENTREALIZE​D; 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


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