Preview

Walmart, Amazon, and Ebay: Who Will Dominate Internet Retailing?

Powerful Essays
Open Document
Open Document
1925 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Walmart, Amazon, and Ebay: Who Will Dominate Internet Retailing?
CHAPTER 9 Review Question Assignment

1a Name and describe four business trends shaping e-commerce today.

There are many different business trends shaping e-commerce today. For one, ecommerce remains the fastest growing form of commerce when compared to physical retain store, services, and entertainment. Another trend is that the online demographics of shoppers broaden to match those of ordinary shoppers. Also, small businesses and entrepreneurs continue to flood through the e-commerce marketplace, often riding on the infrastructures created by industry giants and increasingly taking advantage of cloud-based computing resources. Lastly, pure e-commerce business models are refined further to achieve higher levels of profitability, whereas traditional retail brands use e-commerce to retain their dominant retail positions.

1b Name and describe three technology trends shaping e-commerce today.

There are many different technology trends shaping e-commerce today. One technology trend is that wireless internet connections grow rapidly. Also, powerful handheld mobile devices support music, Web surfing, and entertainment as well as voice communication. Podcasting and streaming take off as mediums for distribution of video, radio, and user-generation content.

1c List and describe the eight unique features of e-commerce.

There are eight different unique features of e-commerce today. First, ubiquity, which means that e-commerce is available everywhere; it is available at home, work, and elsewhere via mobile devices. Mobile devices extend service to local areas and merchants. Next, global reach makes e-commerce unique because technology can reach all the way around the Earth. E-commerce is also unique because of universal standards; there is one set of technology standards, namely internet standards, making communication between computer systems easy. Richness is a unique quality because it makes video, audio, and text messages possible. They are integrated

You May Also Find These Documents Helpful

  • Better Essays

    With our lives becoming busier and busier day by day, and the need to have everything ASAP, E-Commerce and online shopping came into existence, where we can order anything from anywhere at anytime in the world, pay, browse and get it delivered to our door without stepping a single foot outside our homes.…

    • 1793 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    Electronic commerce commonly written as e-commerce,is the trading or facilitation of trading in products or services using computer networks, such as the internet. Electronic commerce draws on technologies such as 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.Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction’s life cycle,although it may also use other technologies such as e-mail.…

    • 2354 Words
    • 10 Pages
    Powerful Essays
  • Best Essays

    Is535 Final Course Project

    • 3651 Words
    • 15 Pages

    The first key to starting a successful online business is to first understand ecommerce and how it operates. Most people understand that ecommerce or electronic commerce refers to the buying and selling of products or services over electronic systems such as the Internet and other computer networks. However, it stretches beyond just the buying and selling of goods; it also includes an online process of developing, marketing, selling, delivering, servicing and paying for products and services. “The use of commerce is conducted in this way, spurring and drawing on innovations in electronic funds transfer, supply chain management, internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web at least at one point in the transaction 's life-cycle, although it may encompass a wider range of technologies such as e-mail, mobile devices and telephones as well”. (Electronic Commerce, modified November 2011, Wikipedia). Today it is said to be over 29.7 billion pages on the World Wide Web. Ecommerce today has gained so much popularity because its core technologies are constantly evolving and keeping up with a technology based world. Each year the number of ecommerce deals grows tremendously. The sales volumes of on-line stores run in a more than comparable race with physical retail stores.…

    • 3651 Words
    • 15 Pages
    Best Essays
  • Better Essays

    Book Bunker

    • 1932 Words
    • 8 Pages

    References: Efraim Turban David King Judy Lang (02/2012). Introduction to Electronic Commerce, VitalSource eBook for DeVry University [1] (VitalSource Bookshelf), Retrieved from http://online.vitalsource.com/books/9781256517344…

    • 1932 Words
    • 8 Pages
    Better Essays
  • Better Essays

    As technology continues to take shape, E-commerce continues to advance and people are getting drawn into the sector. This is due to the diverse benefits aligned to the system because the transactions are conducted in a…

    • 1194 Words
    • 5 Pages
    Better Essays
  • Best Essays

    Salvatore (2013) defines electronic commerce or e-commerce stating, “E-commerce refers to the production, advertising, sale, and distribution of products and services from business to business and from business to consumer through the internet” (p. 150). These activities can take place in many environments between businesses and consumers. E-commerce has changed the way goods and services are exchanged and have given light to businesses and consumers to exist on a global scale without an established brand. With e-commerce defined, let us look at its origin.…

    • 2336 Words
    • 7 Pages
    Best Essays
  • Good Essays

    E-commerce refers to the production, advertising, sale, and distribution of products and services from business to business and from business to consumers through the Internet. The biggest lures of e-commerce of consumers are the convenience of having round-the-clock access to the virtual store and the ability to engage in comparative shopping at minimal cost and effort. Through e0commerce, sellers can sharply reduce their cost of executing sales and procuring inputs, reformulate supply chains and logistics and redefine customer relationship management.…

    • 310 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Ecommerce Final Paper

    • 2532 Words
    • 11 Pages

    Ecommerce or E-business has become a remarkable tool for marketing and selling goods and services over the World Wide Web and Internet. Merchants use the technology of ecommerce to perform business-to-business (B2B), business-to-customer (B2C), consumer-to-consumer (C2C), peer-to-peer (P2P) and m-commerce transactions, which digitally exchanges information between two parties. The Internet has become the most used electronic interface application in the World Wide Web. E-commerce technology permits commercial transaction to cross-cultural, regional, and national boundaries far more conveniently and cost-effectively… (Laudon & Tarver, 2013, p.16), this presents a huge advantage for companies who aspire to do business on a global platform. The World Wide Web allows a company to reach out to over 3 billion possible customers worldwide. However, there are some companies out there that may be able to increase their market share by implementing some or all of the business strategies we will discuss in this paper. I will attempt to provide examples of how, Mr. Friendly’s a mobile catering and food truck enterprise can implement the use of the Internet and World Wide Web to enhance and reinvent their business operations while establishing the company’s overall vision and strategy.…

    • 2532 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    Laudon Mis 6ce Ch10

    • 10210 Words
    • 50 Pages

    1) E-commerce is ubiquitous, meaning that is it available just about everywhere, at all times.…

    • 10210 Words
    • 50 Pages
    Satisfactory Essays
  • Better Essays

    Netflix - Strategic Plan

    • 2229 Words
    • 9 Pages

    Laudon, Kenneth C, Guercio Traver, Carol (2007). E-Commerce: Business, Technology, Society, Third Edition, Published by Prentice Hall. Copyright © 2007…

    • 2229 Words
    • 9 Pages
    Better Essays
  • Powerful Essays

    “E Commerce is one of the most important facets of the Internet to have emerged in the recent times. Ecommerce or electronic commerce involves carrying out business over the Internet with the assistance of computers, which are linked to each other forming a network. To be specific, ecommerce would be buying and selling of goods and services and transfer of funds through digital communications” (Benefits of Ecommerce", 2007).…

    • 1838 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    E Commerce

    • 1189 Words
    • 5 Pages

    Electronic commerce, commonly known as e-commerce, is a type of industry where buying and selling of product or service is conducted over electronic systems such as the Internet and other computer networks. Electronic commerce draws on technologies such as 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. Modern electronic commerce typically uses the World Wide Web at least at one point in the transaction's life-cycle, although it may encompass a wider range of technologies such as e-mail, mobile devices social media, and telephones as well.…

    • 1189 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    tutorial

    • 4263 Words
    • 21 Pages

    4. It provides information richness, enabling an online merchant to deliver to an audience of…

    • 4263 Words
    • 21 Pages
    Powerful Essays
  • Powerful Essays

    1. E -commerce booming is very fast since the heydays of the late 1990s. The quick development and change of the e-commerce went through from Internet boom,. Com craze and more the stock market at all time highs, etc. With the efficient valuable, convenient, capture potential customers, increasing sales benefits are the big threaten to CI business.…

    • 1110 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Online shopping is a recent activity. It appeared in the 1990s aproximately, but was not very popular nor succesful at that time because technology was not available for most people. In the last decade, however, it changed and became very popular because of the impact that the success of technology generated. In 2012, U.S. e-commerce sales amounted to 289 billion U.S. dollars and the number of U.S. digital shoppers is expected to grow from 137 million in 2010 to 175 million in 2016, according to eMarketer estimates.…

    • 399 Words
    • 2 Pages
    Satisfactory Essays