e-business lecturer: frank doyle semester 1 1. e-business frank doyle mis department room: 1-019...

DT315 Year 2

E-BusinessLecturer: Frank Doyle

Semester 1

1

E-Business

Frank DoyleMIS DepartmentRoom: 1-019 Aungier StreetExt: 3246Mailto:frank.doyle@DIT.IEHTTP://FJDoyle.DIT.IEhttp://francisjdoyle.comFTP://fjdoyle.dit.ieftp://francisjdoyle.com

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E-BusinessIntroductionInternetwork TechnologyWWW and related technologies &

ServicesRevenue modelsOn-line SellingOn-line Payment SystemsOn-line SecurityWeb Business Software

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E-Business

Internet, non commercial, Military & Research1992 World Wide Web – Tim Berners LeeGoogleAmazonE-BayFacebookTwitterCiscoDell

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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.

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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.

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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.”

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E-Business

Revenue ModelsBusiness 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.

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E-Business

Advantages of E-Business

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E-Business

Disadvantages

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E-Business

International IssuesTrustDifficult 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 – Freedom House publish reports.

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E-BusinessIssues 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.