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E-Commerce
refers to the buying and selling of goods, services, and information over the internet.
E-commerce
It eliminates many physical barriers to trade, enabling businesses and consumers to interact anytime and anywhere.
1960s
The Beginning: Electronic Data Interchange (EDI). Businesses started exchanging documents like invoices and purchase orders electronically through
1970s
The Birth of Electronic Shopping. Michael Aldrich invented online shopping by connecting a modified television to a computer via a telephone line.
1980s
Pre-Internet E-Commerce. Companies like Minitel in France offered online ordering systems. Early e-payment systems started developing. Computers became more common in businesses, but online commerce was still limited to closed networks.
1990s
The Internet Era
1991
The World Wide Web (WWW) became publicly available.
1994
Netscape introduced SSL encryption, making online transactions secure.
1995
Amazon was founded as an online bookstore; eBay was launched as an online auction site; Credit card payments became more secure, allowing mainstream online shopping.
2000s
The E-Commerce Boom
2010s
Smartphones revolutionized e-commerce with mobile shopping apps.
2020s
Pandemic Acceleration and New Trends
Today
E-Commerce is becoming more immersive with AR/VR shopping.
Online Transactions
E-commerce relies on electronic data transmission over the internet for transactions.
Business Models
E-commerce includes various business models, such as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer (C2C), and consumer-to-business (C2B).
Facilitatin Platforms
E-commerce is facilitated by online platforms like websites, mobile apps, and marketplaces.
Global Reach
E-commerce allows businesses to reach geographically dispersed markets and provides buyers with access to global markets.
Efficiency
E-commerce can improve market efficiency by eliminating middlemen, enabling direct purchases from manufacturers, and facilitating price comparison.
Convenience, Cost savings, Wider Selection, Increased Efficiency, Global Market Access
Advantages of E-Commerce:
Lack of physical interaction, Delivery Time, Security Risks, Competition, Dependence on Technology
Disadvantages of E-Commerce
Internet Marketing
also called Online Marketing or Digital Marketing) is the practice of promoting products, services, or brands using the internet to reach and engage customers.
Internet Marketing
It uses digital channels like websites, search engines, social media, email, and online advertising to connect with target audiences
Search Engine Optimization
Optimizing content to appear higher in search results
Search Engine Marketing
Paid ads on search engines
Social Media Marketing
Promoting via platforms like Facebook, TikTok, Instagram
Content Marketing
Creating valuable content to attract customers
Email Marketing
Sending targeted emails to subscribers
Affiliate Marketing
Partnering with other sites or influencers for sales commissions
Display Advertising
Banner ads on websites
Influencer Marketing
Collaborating with online personalities
1. Define your purpose and goal
2. Choose a Brand Name and Identity
3. Secure Your Domain and Hosting
4. Create a Website
5. Optimize for Search Engines (SEO)
6. Build Social Media Profiles
7. Set Up Online Communication Channels
8. Engage in Content Marketing
9. Use Online Advertising (Optional)
10. Monitor and Improve
Key Steps in Setting Up an Online Presence:
Setting up an online presence
means creating and maintaining your identity, brand, or business visibility on the internet so people can easily find, interact with, and trust you.