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Cards In This Set
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Ecommerce
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The buying and selling of goods and services over the Internet
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Ebusiness
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The conducting of business on the Internet, not only buying and selling, but also serving customers and collaborating with business partners
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Ebusiness Model
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An approach to conducting electronic business on the Internet
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Business-to-Business (B2B)
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Applies to businesses buying form and selling to each other over the Internet
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Business-to-Consumer (B2C)
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Applies to any business that sells its products or services to consumers over the Internet
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Consumer-to-Business (C2B)
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Applies to any consumer that sells a product or service to a business over the Internet
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Consumer-to-Consumer (C2C)
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Applies to sites primarily offering goods and services o assist consumers interacting with each other over the Internet
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Electronic Marketplaces or Emarketplaces
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Interactive business communities providing a central market space where multiple buyers and sellers can engage in ebusiness activites
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Eshop or Estore or Etailer
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A version of a retail store where customers can shop at any hour of the day without leaving their home or office
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Business Types
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-Brick-and-Mortar Business-Pure-Play (Virtual) Business-Click-and-Mortar Business
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Brick-and-Mortar Business
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A business that operates in a physical store without and Internet presence
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Pure-Play (Virtual) Business
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A business that operates on the Internet only without a physical store
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Click-and-Mortar
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A business that operates in a physical store and on the Internet
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Types of Online Auctions
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-Electronic Auction (Eauction)-Forward Auction-Reverse Auction
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Electronic Auction (Eauction)
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Sellers and buyers solicit consecutive bids from each other and prices are determined dynamically
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