eBay and the Early e-Business Categories The early e-business categories represented a novel approach to conducting business no matter the method, whether business-to-consumer (B2C), business-to-business (B2B), or consumer-to-consumer (C2C) as eBay was. As a C2C e-business, eBay created a platform whereby consumers could cut out the middle man and engaged directly with sellers (which were typically other consumers, as eBay represented itself as a giant yard sale, where everyone was invited to post their goods, but gradually began to include small businesses which viewed the portal as a place where they could market directly to buyers as well) (Steiner, 2014). The ability of eBay to utilize so many models of e-business in its one single set-up showed that e-business could cater to any type of category by reducing the need for the middle man. Amazon would take it a step further and serve as the middle man, connecting buyers to sellers that would otherwise never have an opportunity to meet. For eBay, the different e-business categories' usefulness as a tool for guiding an e-business's growth plans indicated that the sky was the limit so long as the business served the purpose of connected buyers with sellers. This was the lesson...
Thus eBay was able to achieve recognition, consumer loyalty and rapid growth as a result of its ability to launch itself as the ultimate C2C destination for e-business transactions. Its entire business model was based on being a C2C platform for users. As a tool for guiding an e-business's growth plans, this model appeared to work relatively well for eBay, but this was partly driven by the uniqueness and novelty of eBay's concept. Overtime, other e-businesses began to offer the same categorical methods of transacting sales, whether C2C or B2C or B2B (Amazon was one, but others like Etsy put a creative spin on it and offered these services in an alternate manner), but in terms of guiding growth, more was needed than…
The data is usually not free, but offered for a fee. Likewise, some websites offer paid content for user services (Rappa 2009). An example might be a site that might agree to 'search' for a particular home for a buyer, or offer an exclusive portal between sellers, builders, or other industry professionals. However, these types of sites are rapidly falling out of favor, because of the widespread availability of free
Business Information Systems Advantages Internet Electronic Commerce The Internet has much to offer companies like FedEx and UPS. More and more businesses like FedEx and UPS are realizing the long-term advantages and benefits they stand to gain from engaging in electronic commerce. For one companies like these can handle scheduling, shipping and tracking all using the World Wide Web. E-commerce offers businesses several unique advantage, none the least of which is the
Ecommerce business models With the advent of Internet, we have seen a lot of changes in the communications arena and business practices are no exception. E-commerce has taken business from closed doors of offices and retail shops to the information superhighway, where literally millions of people trade daily. The online business model can be viewed in terms of B2B, B2C and C2C models (business to business, business to consumer and consumer
E-Commerce and Business Process E-Commerce Defined E- commerce as modern business methodology Characteristics of internet and traditional markets Benefits of E-commerce Critical Success Factors of E-commerce E-commerce applications Types of E-commerce business models Security and legal issues Apple Company and E-commerce Business and E-Commerce Implementation of E-commerce Conventional market approach vs. modern market approach E-Commerce Applications Types of E-Commerce models E- commerce defined: E-commerce is broadly described as "utilizing online sources as well as tools to perform business in a far better way - more effectively
Globalization & E-Commerce Standardization or Adaptation Standardization or Adaptation in E-Commerce Business Models People often choose to build and operate their businesses via the Internet because they believe it simplifies the process. It is often thought that having an economic relationship with others electronically reduces many of the personal, cultural and even language concerns associated with face-to-face transactions, on both sides of the relationship. Traditional customer service expectations that brick and mortar
The result was a completely redesigned B2B site from the process workflow layer up, including distributed order management systems that provided for businesses to treat eBay as part of their procurement and supply chain partners (Katok, and Alvin E. Roth, 1061, 1062). In addition to the lessons learned by eBay with regard to segmenting their customer bases based on e-business categories, the company also learned how to differentiate the customer
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