E-BUSINESS: NOT JUST SELLING ON THE WEB! Using the Internet to Enhance Business.
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Transcript of E-BUSINESS: NOT JUST SELLING ON THE WEB! Using the Internet to Enhance Business.
Internet Penetration
Historical Perspective Telephone 38 years - 50 million
Television 13 years - 50 million
Internet 4 years - 50 million
English 330 million
Chinese 132 million
http://www.witiger.com/ecommerce/ecommercestatistics.htm
Type of Sales
business-to-business (B2B) business-to-consumer (B2C) business-to-employee (B2E) business-to-government (B2G) government-to-business (G2B) government-to-government (G2G) government-to-citizen (G2C) consumer-to-consumer (C2C) consumer-to-business (C2B)
Sales
Retail E-commerce Sales (US sales)$37.2 billion in sales for Christmas 201115 % increase (ComScore)
Steady Growth from 2000 20% of GDP from Internet Over a Trillion Dollars*
(wholesale and retail)
http://www.census.gov/mrts/www/data/html/08Q3.html
Type of Online Business Models
Selling a Product - Amazon
Providing a Service – Legal Zoom or Consulting
Free Products but selling access or information
Help Desk & Online SupportSave Money by:
Reduces Phone Calls
Faster Response to
Customer Needs
Document Depository
Lower Labor Cost
Marketing
Market Research New Market Demographics Current Market Competitors Buyer Demographics
Market Statistics & Economic Projections