Beruflich Dokumente
Kultur Dokumente
City of Tacurong
Submitted by:
Lopez, Melchizedek
Besinga, Mary Jaicint Lee.
Submitted to:
Mrs. Analiza Henodia
March 2016
I.
Introduction
In the emerging global economy, e-commerce and e-business
have increasingly become a necessary component of business strategy and a strong
catalyst for economic development. But what is electronic commerce or ecommerce?
II.
Body
The rapid growth of the internet has completely changed the way most businesses
operate. The internet has enable e-Commerce that offers businesses and customers
a
unique channel to deliver and purchase goods and services. E-commerce uses
internetworked computers to create and transform business relationships.
Electronic commerce can be categorized into several groups: a few of which are
listed
below although more forms of e-commerce exist:
Business-to-consumer (B2C) is an Internet and electronic commerce (ecommerce) model that denotes a financial transaction or online sale
between a business and consumer. B2C involves a service or product
exchange from a business to a consumer, whereby merchants sell products
to consumers.
Business-to-Business or B2B e-commerce is hugely rooted in electronic
data interchange (EDI) networks established between organizations and
their manufactures/suppliers within a specific industry. Ecommerce enables
companies to conduct their business from prospecting to order processing
and delivery online.
B2B e-commerce includes the use of exchanges on internet-based
marketplaces in which participating companies can purchase or sell a
variety of products, some generic across industries and others specific to a
given industry Besides B2B and B2C transactions, e-commerce
transactions and interactions may have other types:
Consumer-to-Consumer (C2C) e-commerce is used in organizations that
provide
private sales and auctions between individual consumers.
Peer-to-Peer (P2P) e-commerce allows networked peer computers to share
data and processing with each other directly; can be used in C2C, B2B, and
B2C e-commerce.
Government-to-Business (G2B) and Government-to-Consumer (G2C) ecommerce
iii. Podcast: audio recordings, usually in MP3 format, of talks, interviews and lectures,
which can be played either on a desktop computer or on a wide range of handheld
MP3 devices.
iv. Multimedia sharing: services that facilitate the storage and sharing of multimedia
content such as video (YouTube), photos (Flickr), and podcasts (Odeo).
v. Social networking: professional and social networking sites like facebook.com and
myspace. com that facilitate meeting people, finding like minds, and sharing content.
vi. RSS: a family of formats which allow users to find out about updates to the content
of RSS- enabled websites, blogs or podcasts without actually having to go and visit the
site. Information from the website (typically, a new storys title and synopsis, along
with the originating websites name) is collected within a feed (which uses the RSS
format) and piped to the user in a process known as syndication.
Disadvantages
Some products cannot be represented in Cyberspace as
effectively as others. Books, CDs and software sell well across the internet
because the customer has a clear idea of what he is getting. Goods such as
clothes and audio equipment fare less well because 23 consumers like to
experience them (by trying them on or listening to them) before buying.
Legislation Dilemma: Electronic transactions separate ebusiness from traditional types of businesses. When a transaction takes place,
who has jurisdiction? Who has the authority to apply law over the transaction?
For example, UK e-Commerce legislature requires
organizations to comply with the laws of every other country they provide
services to. A little legislation can go a long way toward helping parties to
establish better boundaries to work within. When a transaction that takes place
between two different parties located in two different countries goes wrong
then a number of complex questions arise.
i.
ii.
ii.
iii.
Electronic Transactions
Some federal, state and territory governments encourage the
adoption of electronic commerce by enacting and enabling legalization. In the
UK many bills and acts have been passed to resolve legal issues and make
Advertising
Or the system concerned advertising is a major form of
revenue, therefore there are advertising regulations (usually set by OFCOM in
the UK) which will affect the system in design. Commercial adverts must
clearly identify the person on whose behalf the marketing communication is
sent, together with any promotional offer. The Regulations also cover
"unsolicited commercial communications", commonly referred to as spam.
They require that these communications are identifiable from the subject line
of the email, without the need to read the rest of the message. SMS messages
are not covered for these
The proposed system will allow users register and log-on to the website. The
personal information collected during registration must be secure and in
compliance with the Data protection Act of 1998. i.e. Personal data held must
be accurate and not held for longer than its required.
such as targeted offers and coupons; limited time deals, discounts, and/or
vouchers to mobilize target markets to buy, both online and offline. The system
will recognize the importance of customer loyalty and combine merchandising
and education to keep customers coming back using newsletters, web 2.0
techniques in the form of recipe blogs.
Branding
Giving the proposed system a unique identity amidst all the
competition in the market is tough. Heres where branding can help;
personifying the business by leveraging on brand awareness to build stronger
relationships with customers. Ideally, the brand should influence every aspect
of the business operation because the successful brands of today will be those
capable of producing customer-centric business models consistently.
III.
Conclusion
After careful observation, it has come to my conclusion that ecommerce has undeniably become an important part of our society. The World
Wide Web is and will have a large part in our daily lives. It is therefore critical that
small businesses have their own to keep in competition with the larger websites.
Since web developers have lowered down the prices for their services, it has
become more affordable for small businesses to use the World Wide Web to sell
their products. Although there are negative aspects of e-commerce, small
businesses have tried to accommodate to the needs of the consumers. For example,
one of the negative aspects of e-commerce is that consumers lack the advice and
guidance of sellers, to accommodate that, they have customer service through the
phone of online to answer any questions. It is also important to note that ecommerce does not benefit all small companies equally. How much revenue a
business gets from e-commerce depends on what kind of service it gives. For
example, most people would like to try on clothes before they buy them, so it
probably would not benefit a small business that sells clothes as much as a small
business that sells home supplies or specialty books. Nevertheless, e-commerce
does benefit any business even in small ways. This is why it is crucial to
understand how e-commerce affects small businesses because it is becoming such
a huge part of how society functions that it affects the economy greatly and
whatever happens to the economy affects us.
In general, todays businesses must always strive to create the next best
thing that consumers will want because consumers continue to desire their
products, services etc. to continuously be better, faster, and cheaper. In this world
of new technology, businesses need to accommodate to the new types of consumer
needs and trends because it will prove to be vital to their business success and
survival. E-commerce is continuously progressing and is becoming more and
more important to businesses as technology continues to advance and is something
that should be taken advantage of and implemented.
From the inception of the Internet and e-commerce, the possibilities
have become endless for both businesses and consumers. Creating more
opportunities for profit and advancements for businesses, while creating more
options for consumers.
IV.
References
http://www.rhicsstudios.com/e-commerce-development-report.pdf
https://www.techopedia.com/definition/1424/business-to-consumer-b2c
https://en.wikipedia.org/wiki/E-commerce
https://en.wikibooks.org/wiki/E-Commerce_and_E-Business/