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E-commerce (Unique features (Richness, Interactivity, Universal technology…
E-commerce
Unique features
Richness
Interactivity
Universal technology standards
Global reach
Information density
Ubiquity
Capabilities for personalization and customization
Social technology
Digital markets
More "transparent"
Reduced information
asymmetry
Search costs
Transaction costs
Menu costs
Change prices dynamically (based on market conditions)
Digital goods
Software
Music
Books
Video
Delivered over digital network
Extremely low cost
To be successful it needs
Activities
Timeline
Right platforms
Presence on several networking sites and smartphone apps
B2B e-commerce
Enables locating
Place orders
Solicit bids
Shipments in transit
Locate suppliers
Single marketplace
Efficient and responsive supply chains
Crowdsorcing
Increase customer value
Improve product offering
Models
Revenue
Subscription
Free/Freemium
Sales
Transaction fee
Advertising
Affiliate
Business
Content providers
Community providers
Market creators
Service providers
Transaction brokers
Portals
e-tailers
M-commerce
Good for location-based applications
Requires
Digital payment systems
Wireless portals
Provides
Develop