E commerce L 1

40 years ago 

When did the history of e-commerce start?

• Electronic Data Interchanges (EDI)

• teleshopping.

What were the earliest forms of e-commerce in the 1970s?

When the Internet was opened to the public in 1991.

When did online shopping become possible?

Amazon.com

Which company was one of the first e-commerce sites to sell products online?

What was introduced in 1993 to secure online transactions?

The first web browser Mosaic, which introduced Secure Socket Layer (SSL) encryption.

E-commerce

the meeting of buyers and sellers on the Internet involving the transaction of goods and services, transfer of funds, and exchange of data.

It is estimated to grow 23% every year and become a $27 trillion industry by the end of the decade

How much is e-commerce expected to grow?

Business to Business (B2B)

Companies transacting with each other (manufacturers, wholesalers, retailers).

Business to Consumer (B2C)

Companies selling goods/services directly to consumers (e.g., Amazon, Shopee).

Consumer to Consumer (C2C)

Consumers selling directly to other consumers (e.g., OLX, Facebook Marketplac).

Consumer to Business (C2B)

Consumers offering goods/services to companies (e.g., freelancers on Fiverr, Upwork).

Private Label model

Products are developed and sold exclusively by one company (e.g., Richelieu Foods).

White Label model

Retailers rebrand generic products from a supplier.

Drop Shipping

A business model where products are sold online without keeping inventory; suppliers handle shipping.

Print-on-Demand

Third-party companies print custom designs (e.g., Printify, Printful).

Subscription Service

Customers subscribe to receive goods or services regularly (e.g., meal delivery).

Wholesaling

Selling products in bulk at discounted rates, usually B2B but can also be C2C or B2C.

• Global reach and accessibility

• Lower transaction and operation costs

• 24/7 convenience

• Faster delivery and communication

List the advantages of e-commerce. GL2F

• High start-up costs

• High risk of failure

• Lack of personal touch

• Security and privacy issues

• Shipping and delivery issues

List the disadvantages of e-commerce. (HHLSS)

1982

When did the ARPAnet Switched to TCP and IP

Transmission Control Protocol and Internet Protocol

Meaning of TCP and IP

In the late 1960’s

When was the ARPAnet developed? 

The Military 

Who developed the ARPAnet

E-commerce

The meeting of buyers and sellers on the internet

• Network Marketing

• Franchising

• Business Process Outsourcing

• Aggregator

• Knowledge Process Outsourcing

• Digital Economy

• M-Commerce

Emerging Trends in E-Business

1. Business to Business (B2B)

2. Business to Consumer (B2C)

3. Consumer to Consumer (C2C)

4. Consumer to Business (C2B)

Categories of E-commerce

1. Private label

2. White label 

3. Drop shipping 

4. Print-on-demand 

5. Subscription Service

6. Wholesaling

E-commerce Business Models (PWDPSW)