Dr. Michael Featherstone
Intro to E-Commerce
Introduction
COMMUNICATION MODES My Web site• GOOGLE ‘Mike Featherstone’• BING ‘Mike Featherstone’
The IME375 Assignment page• GOOGLE ‘IME375’ • BING ‘IME375’• http://www.jsuccba.com/feather/375assignments.htm
Listen/watch lectures – Lectures are available on the Assignment PageReview associated lecture notes – they will be on the Assignment Page as well.
Skype – my username = mfeatherst1 • Use Skype to call• Use Skype to IM
Twitter – @ime375 or @featherst1 – I haven’t used it much in the past, but will if requested.
Introduction - Tools for you
WSJ Subscription info on Assignment page.
Student.wsj.com
Note Taker HD
Evernote
Introduction: Administrative details
Tools. • BlackBoard – MOSTLY FOR TESTS• Our ‘text’ is the Assignment Page. • http://www.jsuccba.com/feather/375assignments.htm • Wall Street Journal• Blogs (links on assignment page)• SKYPE – Use it to contact me.
E-mail – Practice your best e-Mail etiquette. • ALWAYS include ‘ime375’ in the subject line.• Sign with your full name.• Use the Spell checker and grammar checker (i.e. it’s smart to compose
your e-mail to me in Word first)• The quality (or absence thereof) will have an impact on your grade
Hours – schedule.• I’m on campus Tuesdays and Thursdays.• I’m in class 11:00-12:30 and 2:30-4:00.
Introduction
CLASS EVENTS •Expect about 4 or 5 tests and a comprehensive final exam.– That means it is IMPERITIVE that you keep up with the
assigned readings.– I usually DO NOT lecture specifically on readings I
assign, so that means if you have questions about them, you need to ask them (in class or after class).
– Tests are “open web” and time constrained• Going over the allotted time by more than ONE MINUTE
may result in a significant penalty– Review assigned videos– Take adequate lecture notes.– BE FAMILIAR WITH THE LECTURE POWERPOINTS.– I’m thinking maybe a team assignment.
Introduction
How will your grade be determined?
I don’t “give” grades. You earn your grade.
My experience is that students may choose to do extraordinary work in a class and earn an exemplary grade.
I also understand that each student has differing priorities and/or schedule conflicts. These may impede your work in the class, and thus you may not earn the grade you might otherwise have.
Finally some students may simply choose not to put forth the effort required to obtain a passing grade. I leave that choice to the student.
Introduction – Course Objectives – Overview (high level)
• To develop factual knowledge (terminology, classifications, methods, trends).
• To develop Web research skills (beyond Wikipedia). • To develop the ability to apply course material and Tech tools to
improve rational thinking, problem solving and decision making.• To enable students to understand the Internet's significant events
and its evolution from a historical perspective. • To enable students to better understand the business environment
of the Web and provide a ‘theoretical underpinning' • To enable students to better understand the fundamental revenue
mechanisms driving the current expansion of e-Commerce and e-Business websites.
• To enable students to better understand current e-Commerce marketing strategies
Introduction – Course Objectives – Detailed Guidelines
• Discuss the origins and growth of PC’s, the Web, and e-Commerce• Describe some ways e-Commerce differs from ‘pre-Web’ business• Recognize and discuss new Web business applications• Describe types of e-Commerce business models• Understand the evolution of e-Commerce
• For example – Amazon.com• Give an overview of the current state of the conduct of business on the
Web and study the ‘Major Players’• Google, Amazon, Facebook, Twitter, Microsoft, E-bay
• Describe current and new marketing strategies for e-businesses • Discuss the present extraordinary change in user access to the Web
• Think “Bandwidth• Cloud computing• Impact of iPads and Tablet computers • Impact of other Mobile devices - iPhone, Androids, et. al. - and the
concept of convergence
Introduction – E-Commerce
So that is what we are going to learn.
Here is how we are going to learn it.
Lectures Power points (lecture notes) Video and other media
Blogs Vlogs Streaming video
Various websites Team Projects/case studies (?)
Introduction – E-Commerce
A reporter interviewed Albert Einstein. At the end of the interview, the reporter asked if he could have Einstein's phone number so he could call if he had further questions.
“Certainly” replied Einstein. He picked up the phone directory and looked up his phone number, then wrote it on a slip of paper and handed it to the reporter.
Dumbfounded, the reporter said, "You are considered to be the smartest man in the world and you can't remember your own phone number?”
Einstein replied, “Why should I memorize something when I know where to find it?”
Introduction – E-Commerce
Today one can find everything on the web… and usually on YouTube.
Thanks to our (your) data exhaust.
Google alone processes 24 petabytes of data every day. And that was in 2013.
Facebook gets more than 10 million new photos uploaded every hour.
Introduction – E-Commerce
A BYTE is a character of information.
This sentence consists of 54 bytes (including spaces).
A K- BYTE (Kilobyte) is 1000 characters of information
Introduction – E-Commerce
A BYTE is a character of information.
This sentence consists of 54 bytes (including spaces).
A K- BYTE (Kilobyte) is 1000 characters of information
A Megabyte is a million characters of information (1000 K-bytes)
Introduction – E-Commerce
A BYTE is a character of information.
This sentence consists of 54 bytes (including spaces).
A K- BYTE (Kilobyte) is 1000 characters of information
A Megabyte is a million characters of information (1000 K-bytes)
A Gigabyte is 1000 Megabytes
Introduction – E-Commerce
A BYTE is a character of information.
This sentence consists of 54 bytes (including spaces).
A K- BYTE (Kilobyte) is 1000 characters of information
A Megabyte is a million characters of information (1000 K-bytes)
A Gigabyte is 1000 Megabytes
A Terabyte is 1000 Gigabytes
Introduction – E-Commerce
A BYTE is a character of information.
This sentence consists of 54 bytes (including spaces).
A K- BYTE (Kilobyte) is 1000 characters of information
A Megabyte is a million characters of information (1000 K-bytes)
A Gigabyte is 1000 Megabytes
A Terabyte is 1000 Gigabytes
A Petabyte is 1000 Terabytes
Here is the numerical representation of a Petabyte
1,000,000,000,000,000
Introduction – E-Commerce
A BYTE is a character of information.
This sentence consists of 54 bytes (including spaces).
A K- BYTE (Kilobyte) is 1000 characters of information
A Megabyte is a million characters of information (1000 K-bytes)
A Gigabyte is 1000 Megabytes
A Terabyte is 1000 Gigabytes
A Petabyte is 1000 Terabytes
Here is the numerical representation of a Petabyte
1,000,000,000,000,000
An Exabyte is 1000 Petabytes
Introduction – E-Commerce
Some terms used to describe e-Commerce
New Disruptive Exponential change Paradigm shift Punctuated equilibrium M-Commerce Media Convergence
Introduction – E-Commerce
Some ways E-Commerce affects the business environment for Small and Medium size Enterprises (SME’s)
They no longer need to depend on a small number
of customers They are able to spread risk by operating across
more geographies They have direct access to international suppliers
and customers
Thank you for your attention
This Concludes This Lecture