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Unique Features of E-Commerce

Unique Features of E-Commerce. Market Place. Accessing a bank account . Market Space. Purchasing. Reservation. Paying Utility Bills . Cognitive energy. We are Open: 24/7 & 365 Days . Forex.com . Unique Features of E-Commerce.

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Unique Features of E-Commerce

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  1. Unique Features of E-Commerce Market Place Accessing a bank account Market Space Purchasing Reservation Paying Utility Bills Cognitive energy We are Open: 24/7 & 365 Days Forex.com @2013 Hailey

  2. Unique Features of E-Commerce commercial transactions to cross cultural and national boundaries E-Commerce Traditional Commerce World Wide Customers Television radio stations Face Book 750 Million Active Users Newspaper Alibaba.com @2013 Hailey

  3. Unique Features of E-Commerce traditional commerce technologies differ from one nation to the next ( Radio, Newspaper, Tv etc. Benefits of Universal Standards Reduced search costs for consumers simpler, faster, with more accurate price discovery Lower market entry costs for merchants find many of the suppliers, prices, and delivery terms of a specific product @2013 Hailey

  4. Unique Features of E-Commerce • traditional commerce national sales forces, and small retail stores have great richnessface-to-face service using aural and visual cues when making a sale. But there is trade-off between richness and reach But in E-Commerce more information richness than traditional media Chatting with an online sell ‘complex’ goods and services Compare All (Prices, attributes, Services etc) • http://www.amazon.com/HP-Pavilion-dm1-4142nr-Entertainment-PC/dp/B0076E9CL6/ref=br_lf_m_1000766831_1_15_img?ie=UTF8&s=pc&pf_rd_p=1350761702&pf_rd_s=center-2&pf_rd_t=1401&pf_rd_i=1000766831&pf_rd_m=ATVPDKIKX0DER&pf_rd_r=1QA2RFH6RT48XMX6T2A5 @2013 Hailey

  5. Unique Features of E-Commerce • traditional commerce national sales forces, and small retail stores have great richnessface-to-face service using aural and visual cues when making a sale. But there is trade-off between richness and reach But in E-Commerce Comments Reviews Feedback Online Chat • http://www.beliscity.com/support/index.php?a=add • Benefit: For example Get Help For: • http://www.beliscity.com/f10/payment_information/faq.html • r=1QA2RFH6RT48XMX6T2A5 Newletter @2013 Hailey

  6. Unique Features of E-Commerce internet and the web vastly increase information density • Ecommerce technologies reduce information collection, storage, processing, and communication costs. • Due to E-commerce Technologies information becomes more plentiful, less expensive and of higher quality. Growth in information density could result in • Go to Amazon/Ebay/wallmart website you can find verity of products and prices. • Greater price transparency- for customers • Greater Cost transparency- for customers • On the basis of high volume of information you can sell products or services on the basis of Segmentation. • marketers to practice price discrimination (Segmentation ) @2013 Hailey

  7. Unique Features of E-Commerce • Gmail Welcome Message (Personalization) Welcome: Name • Change your Gmail background color scheme/ fonts (Customization) • Customize a laptop on Dell.com (Customization) @2013 Hailey

  8. Unique Features of E-Commerce EXAMPLES • Twitter • Facebook • Youtube • Wikipedia • My Space • Blog • Forum @2013 Hailey

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