Section 2-1
13
Benefits and Characteristics of ECommerce
Web sites enable businesses to track customers’ purchasing habits.
Section 2-1
14
Benefits and Characteristics of ECommerce
If a customer will not accept a substitute, even when there are many other comparable products available, he or she is demonstrating brand loyalty.
brand loyalty refers to a customer’s preference for a particular product
Section 2-1
9
E-Commerce versus E-Business
Government, not-forprofit organizations, and corporations all conduct e-business.
e-business any process a business conducts over a computer network
Chapter 7
E-COMMERCE
1
Learning Objectives
• • • • • • • • • Describe electronic commerce, its scope, benefits, limitations, and types. Understand auctions and bartering. Describe the major applications of business-to-consumer commerce, including service industries, and major issues faced by e-tailers. Discuss the importance and activities of online advertising. Describe business-to-business applications. Describe emerging EC applications such as intrabusiness and B2E commerce. Describe e-government activities and consumer-to-consumer ecommerce. Describe the e-commerce support services, specifically payments and logistics. Discuss some ethical and legal EC issues. Describe EC failures and strategies for success.