Looking at the website of ebay we can clearly see that the character ubiquity is present. Today an e commerce company can easily sell its products to consumers residing in any part of the country. Ecommerce and business case of a us ecommerce firm 5 the second phase of this research project is the business case. Ever since the inception of the internet, its user base has grown exponentially, and with it, ecommerce. Although there are similarities between ecommerce and mcommerce from being able to purchase a product or service in a virtual environment, in this paper, mcommerce is recognized as a unique business opportunity with its own unique characteristics. Different types of ecommerce business models explained. Ecommerce and the internet eight unique features of internet and web as. What are the eight unique features of ecommerce technology. A study on benefits and challenges in an emerging economy by abdul gaffar khan mawlana bhashani science and technology university, bangladesh. As its name suggests, its content consists of two aspects, one is electronic and the second is trading activities. Eight unique features of ecommerce technology ubiquity is being defined as being available just about everywhere, at all times. Eight unique features of ecommerce technology ppt download. In the type of ecommerce website, that has seven unique features in the website.
Interactivity in ecommerce journey towards completing a. This report deals with features of ecommerce company. Seven unique features of ecommerce technology dimension of ecommerce technology significance in business ubiquity internetweb technology is available every where. Eight features of ecommerce business models mcommerce, etc. Describe how internet technology has changed business models. Luadon and traver, 2010 that is, users could access. Ecommerce platform comparison understand your best options. This paper is from the sans institute reading room site. What is most important is to find the right one for your business. Identify and describe the unique features of ecommerce technology.
The troll and toad website is full of items for sale, you can buy there and you can even sell them some stuff you may not want anymore. Universal standards ecommerce technologies is an unusual feature, is the technical standard of the internet, so to carry out the technical standard of. Learning objectives describe the unique features of ecommerce. Weve covered the most common ecommerce business models. Given below are 10 unique features of ecommerce technology breaks geographical barrier. Amazon is a multinational retail and ecommerce company that deal with various ranges of clothing, foods, gifts, and many more products, headquartered in the city of seattle, washington.
This paper focuses on exploring the unique features of mobile. Every online shop has unique needs, and choosing the right solution is wholly dependent on the platforms ability to solve the daytoday challenges. The seven unique features are ubiquity, global reach, universal standards, richness, interactivity, information density. From your back end processes, to your marketing, to your websites shopping experience, your unique value should be clear. Unique characteristics of ecommerce technologies and their effects upon. To start the most practical part we will choose a real ecommerce firm from the. Pdf features of ecommerce technology recommended by. Eight unique features of ecommerce technology essay. Ecommerce it is one of the powerful online tools which can help your business grow and glow all across the globe. Universal standards ecommerce technologies is an unusual feature, is the technical standard of the internet, so to carry out the technical standard of ecommerce is shared by all countries around the. Electronic commerce, or ecommerce, refers to the purchasing and selling of goods or services via electronic means, such as the internet or mobile phone.
A social ecommerce generates more revenue than mobile ecommerce. The study of information technology effect on ecommerce. Ecommerce has eight unique features that give it its wow factor. New efficiencies and relationships electronic data interchange edi. Global reach, or world wide access, is the highest number of potential consumers a business can reach.
Choose an ecommerce company and assess it in terms of the eight unique features of ecommerce technology described in table 1. Ecommerce the use of the internet and the web to transact business. Universal standards ecommerce technologies is an unusual feature, is the technical standard of the internet, so to carry out the technical standard of ecommerce is shared by all countries around the world standard. Ecommerce allows your company to reach consumers anywhere in the world.
Ubiquity is defined as being something that occurs everywhere. This article will take you to the ride of understanding an ecommerce world. You must protect your customers information and ensure their privacy with a secure ecommerce platform. What are its characteristic by dinesh thakur category. Business can be adjusted for a name, a persons interests and past purchase message objects and marketing message to a specific individual. Ubiquity it is available just about everywhere and at all times. Given below are 10 unique features of ecommerce technology. Ever since the inception of the internet, its user base has grown exponentially, and with it, ecommerce has blossomed. However, it is vital to know what the unique features of e. The 8 unique features ebusiness in the euvolcke mathilde.
Define ecommerce and describe how it differs from ebusiness. Unlike traditional retail business, ecommerce is not bounded by geographical barriers. Surety ltd, digital notarisation technical overview pdf. Choose an ecommerce web site and assess it in terms of the eight unique features of ecommerce technology described which of the features does the site imp slideshare uses cookies to. There is an ancient adage which i am sure will sound familiar. In conclusion, amazon is a better ecommerce than expedia, because there a lot of features that expedia has to get better, plus, amazon is a. Identify the unique features of ecommerce, digital markets, and digital goods. Unique characteristics of ecommerce technologies and their effects upon payment s ystems. Eight unique features of ecommerce technology with examples.
Learning objectives describe the unique features of ecommerce, digital markets, and digital goods. The seven unique features are ubiquity, global reach, universal standards, richness, interactivity, information density, and personalization customization. Which of the features does the company implement well, and which features. Libraries, homes, businesses, peoples personal cell phones and even airplanes, all have access to the internet. We also focus on the unique features and types of ecommerce. Market place vs market space reduce cognitive energy advantage examples. Present situation, technologies, unique features, growth. Market place can be created so shopping can happen anywhere. Global reach ecommerce and the internet the technology reaches across national. C ondemand service firms are fueling the growth of local ecommerce.
Unique characteristics of ecommerce technologies and. Identify the various types of ecommerce and explain how. Electronic commerce ecommerce comes from english, shorthand for the ec. They buy and sell singles from card games, miniature figures. Seven unique features of ecommerce technology information.
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