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DT315 Year 2. E-Business Lecturer: Frank Doyle Semester 1. E-Business. Frank Doyle MIS Department Room: 1-019 Aungier Street Ext: 3246 Mailto:frank.doyle@DIT.IE HTTP://FJDoyle.DIT.IE http://francisjdoyle.com FTP://fjdoyle.dit.ie ftp://francisjdoyle.com. E-Business. Introduction
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DT315 Year 2 E-Business Lecturer: Frank Doyle Semester 1
E-Business Frank Doyle MIS Department Room: 1-019 Aungier Street Ext: 3246 Mailto:frank.doyle@DIT.IE HTTP://FJDoyle.DIT.IE http://francisjdoyle.com FTP://fjdoyle.dit.ie ftp://francisjdoyle.com
E-Business • Introduction • Internetwork Technology • WWW and related technologies & Services • Revenue models • On-line Selling • On-line Payment Systems • On-line Security • Web Business Software
E-Business Internet, non commercial, Military & Research 1992 World Wide Web – Tim Berners Lee • Google • Amazon • E-Bay • Facebook • Twitter • Cisco • Dell
E-Business Electronic Funds Transfer EFT. Electronic Data interchange EDI. 2000 Dot Com, Dot Con, Dot Bomb, Dot Bust. • Business to Consumer, Buying & Selling. • Business to Business, E-procurement, Supply Mgmt. • Consumer to Consumer, (Peer to Peer). • Business internal processes.
E-Business 2003 Second Wave. • International in scope, language, currency. Initially US, English language only. • Companies using own funds. Venture capital (-> Bubble and Bust). • Broadband fast Internet connections. Slow dial-up telephone lines. Korea has extensive Internet coverage at very high speeds, on-line Movies.
E-Business 2003 Second Wave. • Customised E-mail and SMS strategies. Unstructured approach. • New approach to distribution of digital products. Piracy of music, videos, software and books. • First mover advantage success for some only. First mover advantage meant success!!!!!!!!! “The second mouse gets the cheese.”
E-Business Revenue Models Business processes to identify customers. • Some products are not conducive for E-Commerce. High Fashion, non branded goods. • Digital products, E-books, software, mp3. • CDs, DVDs, books. • Branded electronic goods. • Financial products and Banking. • On-line Learning, Ticket booking.
E-Business Advantages of E-Business
E-Business Disadvantages
E-Business International Issues Trust Difficult to build from scratch. “On the Internet no one knows you’re a dog” Language. 6 billion people, 400 million native English speakers. 50% of Web sites are in English. Translation services. Culture. Japanese people do not pay by credit card, prefer cash. Government. Control in some countries: Saudi Arabia, Yemen, North Korea, China. Strict censorship.
E-Business Issues cont. Infrastructure. Network charges vary, US cheap, some 3rd World countries are very expensive. 50% of Businesses turn away International orders. $800 Billion to process paper work of international orders Law and currency. Huge disparity in Law. A multitude of currencies.