E-COMMERCE DEFINED

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First Step… lets create a gmail account… and understand how to utilize some of the google apps built into gmail!!

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This is E-Commerce !!

E-commerce is the conducting of business online: Selling goods, we are now able to run terrestrial commerce store-fronts electronically and over the web.  With the help of specific software accompaniment we are able to propel our store front business into the orbit of the internet.

These powerful software programs allow businesses to run the main functionality of a business online (sometimes referred to as a “shopping cart”) such as:  product display, online ordering, inventory management.

With the affiliation of purchasing softwares and payment gateways, the e-commerce solution has the capability to work with online payment systems and process payments.

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FOLLOW THIS LINK & LET’S TAKE A LOOK AT THE E-COMMERCE TIMELINE!!

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Here are some of the many identities  of E-Commerce:

1. B2B or Business to Business: Companies doing business with other businesses.  This will occur when a manufacture of a product sells to distributors and wholesalers who are selling to retailers. Pricing is based on the quantity that is purchased and can be negotiated.

2.  B2C or Business to Consumer: Businesses selling to the general consuming public.  This usually happens via shopping carts & online catalogues.  To receive the biggest price point on a sale, B2C is king of the identities.  B2C is also probably what you were thinking E-Commerce is when you walked through the door.

3.  C2B or Consumer to Business: A consumer submits a potential project online with a general budget that are looking for and within minutes, hours, or days the Businesses asses the project and bid on the job.

4.  C2C or Consumer to Consumer:  These are sites that offer classified ads, auctions, and forums where the consumers can sell products to other consumers. The consumers usually make and receive their purchases via online payment processing systems like ebay.

5.  D-Commerce or Digital Commerce:  Deals with the sale of electronic goods and services.  Consumers will often purchase a premium account or subscription and are billed annually for the consumption of these virtual services.

6. M-Commerce or Mobile Commerce:  Utilizing the mobile platform to purchase items with a location based model, purchase digital content, or purchase products from online vendors.

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CLASS DISCUSSION!! , FOLLOW THIS LINK &

LETS SEE IF WE CAN IDENTIFY THEM ??

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For example:

In Identity number 3 or C2B:  I found the example of  http://www.freelancer.com.  Freelancer.com is a website that allows a consumer to post a project, and the freelancers swoop in and tell them how much it would cost to manifest.  Many of the individuals coming onto the site are looking to receive IT help for their various projects.  The individuals post the project in detail and a price amount they hope to  acquired the IT talent for.

There is a profile of the different talent, previously completed projects, reference quotes, and a star system built in to contribute to the posters understanding of the quality of talent bidding on their project.  An interesting note is that there seemed to be a strong international flavor to the site with individuals from all over the world contributing.  To date there are over 4 million freelancers looking for projects and 2.5 million people looking for projects.