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Online Communications. What is e-commerce?. D E F I N I N G E-C O M M E R C E. “the enablement of a business vision supported by advanced information technology to improve efficiency and effectiveness within the trading process” Ecommerce Innovation Centre.
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Online Communications What is e-commerce?
D E F I N I N G E-C O M M E R C E • “the enablement of a business vision supported by advanced information technology to improve efficiency and effectiveness within the trading process” • Ecommerce Innovation Centre
D E F I N I N G E-C O M M E R C E • “The new economy is based on unprecedented potential for productivity growth as a result of the uses of the Internet by all kinds of business in all kinds of operations…” • Manuel CastellsThe Internet Galaxy, 2001
T Y P E S OF E-C O M M E R C E • E-Tailing • E-Auctioning • E-Banking • E-Gambling • E-Learning • E-Marketing • E-Research • E-Supply • E-Trading • E-Travel • E-Directories • E-Mailing
S E C T I O N S O F O N L I N E B I Z • Business to Business (B2B) • Business to Customer (B2C) • Customer to Customer (C2C) • Customer to Business (C2B)
W H A T S E L L S O N L I N E ? • “The Online Computer Library Centre's annual review found 74,000 adult websites [in 2001], accounting for 2% of sites on the net, and together they bring in profits of more than $1bn. Though many are small scale, with half making $20,000 a year, even that figure is the envy of many mainstream brands.” • www.guardian.co.uk
W H A T IS S E L L I N G ? • Popular Online Shopping Categories Ranked by Total Revenue through December 26, 2003 Year Over Year Growth
Just how big is the online marketplace getting? Well, one new study predicts e-commerce in the United States will surpass a major milestone in 2006. Leadpile.com, a centralized online lead marketplace, says 2006 United States E-Commerce sales will top $100 Billion in a report released this week. This follows a report issued last month by JupiterResearch that predicts online retail sales are expected to grow from $81 Billion in 2005 to $144 Billion in 2010. (JupiterResearch and this Web site are owned by the same parent company) http://www.ecommerce-guide.com/news/trends/article.php/3598281
W H A T A B O U T U S ? • “Online shopping (over the Internet) is on the increase. A recent study by a leading trend analysis establishment (eMarketer) estimates online spending in Europe in 2003 to reach $60.7 billion and this figure is expected to rise to $243.4 billion by 2006. • The Maltese government has made clear its intentions to promote Malta as an international hub of e-commerce but if Malta is to gain (and hold on to) a share of this multi-billion dollar market, we must provide a high standard of service.” • Dec 2003 - www.di-ve.com
H O W M A N Y O N L I N E ? • World Total 605.60 million • Africa 6.31 million • Asia/Pacific 187.24 million • Europe 190.91 million • Middle East 5.12 million • Canada & USA 182.67 million • Latin America 33.35 million • Source: Nua.com as at Sept 2002